security and fraud

Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
March 30, 2023  |  Security & Fraud

With online sportsbooks coming off a record Super Bowl in February and more states legalizing the practice at what seems like a monthly cadence, concerns...

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Vendor Concentration Risks Draw Greater Scrutiny Post SVB
Vendor Concentration Risks Draw Greater Scrutiny Post SVB
March 22, 2023  |  Security & Fraud

Living in the past holds organizations back. But as the B2B payments landscape continues to be transformed by ongoing digitization, some enterprises are themselves holding...

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Lebanon Central Bank Governor Denies Money Laundering and Embezzlement Allegations
Lebanon Central Bank Governor Denies Money Laundering and Embezzlement Allegations
March 16, 2023  |  Security & Fraud

Lebanon central bank Governor Riad Salameh has made his first court appearance facing international charges. Five European countries are investigating the Banque du Liban governor...

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Fraud-Fighting Organizations Build Trust in Netherlands’ Digital Transformation
Fraud-Fighting Organizations Build Trust in Netherlands’ Digital Transformation
March 13, 2023  |  Connected Economy

The Netherlands may not always be top of mind when considering digital connectedness or online enforcement, but PYMNTS’ research has detailed the country’s above-average digital...

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FTC: Fraud Losses Surged 30% Last Year, Cost Consumers $8.8B
FTC: Fraud Losses Surged 30% Last Year, Cost Consumers $8.8B
March 01, 2023  |  Security & Fraud

Fraud has a price tag — and it keeps going up. As reported by the Federal Trade Commission last week, consumers lost $8.8 billion last...

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Vesta CFO Says Evolving Consumer Consumption Habits Drive Global Growth
Vesta CFO Says Evolving Consumer Consumption Habits Drive Global Growth
March 01, 2023  |  Security & Fraud

Fraud is a two-way street, eating away at merchant bottom lines while also disrupting the end-user experience. “As people increasingly do business and transact online,...

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Plaid and Okta Partner on Secure Connections for Open Finance
Plaid and Okta Partner on Secure Connections for Open Finance
February 15, 2023  |  Security & Fraud

Plaid and Okta have partnered to help financial institutions offer open finance more securely. By combining Plaid’s data network that connects financial accounts to apps...

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Avoiding the Network Effect of B2B Payments Fraud 
Avoiding the Network Effect of B2B Payments Fraud 
February 14, 2023  |  B2B Payments

B2B networks leveraging the latest technologies are only as strong as their weakest link. As business-to-business (B2B) relationships evolve to become online-first and more companies...

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Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
Pay.UK on Striking the Balance Between Fast and Friction in Stopping UK Fraud Epidemic
February 14, 2023  |  Security & Fraud

The U.K. has been experiencing a widespread payments fraud epidemic in recent years. Authorized push payment (APP) fraud, for example, increased 40% between 2020 and...

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