payments fraud

The Case Of The $850 Million (Alleged) Crypto Fraud
The Case Of The $850 Million (Alleged) Crypto Fraud
April 26, 2019  |  Security & Fraud

Cryptocurrencies have had a rough week of it, evidenced by a double-digit percentage drop in bitcoin, arguably the marquee name in the space. At a...

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FBI: BEC Scams Stole $1.2B In 2018
FBI: BEC Scams Stole $1.2B In 2018
April 26, 2019  |  B2B Payments

BEC scams are proving lucrative, according to recent FBI reports, which found that the bad guys’ haul doubled in 2018 over 2017. Separately, in Ireland, students...

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As PSD2 Looms, SCA Waits In The Wings
As PSD2 Looms, SCA Waits In The Wings
April 17, 2019  |  Authentication

Across the pond, eCommerce is about to weather a sea change that begins in September. PSD2 is almost here, and with it Strong Customer Authentication...

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Corporate Payments Fraud Jumps Despite Stronger Internal Controls
Corporate Payments Fraud Jumps Despite Stronger Internal Controls
April 10, 2019  |  B2B Payments

While corporates are adopting stronger internal controls to combat the threat of payments fraud, new data from the Association for Financial Professionals (AFP) reveals the...

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UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
UK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
April 05, 2019  |  B2B Payments

 In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while...

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Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody
Ghosts Of Payments Fraud Past: Enron CEO Skilling Freed From Custody
March 01, 2019  |  B2B Payments

Enron may be hazy in the minds of some, but former CEO Jeffrey Skilling's release from jail and federal custody shows that payments fraud is...

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ACH Alert Links FIs To Deeper ACH Transaction Data
ACH Alert Links FIs To Deeper ACH Transaction Data
February 12, 2019  |  B2B Payments

ACH Alert, which provides financial institutions with electronic payments fraud detection technologies, is enhancing its automation capabilities with the integration of Payment Data Xchange (PDX)...

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FICO Targets Data With New Fraud, AI Patents
FICO Targets Data With New Fraud, AI Patents
January 08, 2019  |  B2B Payments

Credit data company FICO has secured five new patents related to fraud, artificial intelligence and analytics technologies, according to StreetInsider reports on Monday (Jan. 7)....

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Payments Fraud Rides Money Mules Into 2019
Payments Fraud Rides Money Mules Into 2019
January 04, 2019  |  B2B Payments

Mule scams spur warnings from the FBI and other agencies headed into 2019. In the meantime, individual payments fraud cases in the U.S. show some...

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