security & fraud

Vroom Delivery and Finix Team on Convenience Store Payments
Vroom Delivery and Finix Team on Convenience Store Payments
April 08, 2024  |  Retail

Convenience store commerce platform Vroom Delivery has launched a partnership with payment processor Finix. The collaboration, announced Monday (April 8), is centered around the creation of a new tool called...

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Closing the Awareness-Action Gap Key to Strengthening API Security 
Closing the Awareness-Action Gap Key to Strengthening API Security 
April 03, 2024  |  API

Application programming interfaces (APIs) have become the cornerstone of the digital ecosystem, handling a significant share of internet traffic and enabling seamless interactions among various...

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AT&T: Info From 73 Million Accounts Hijacked in Data Breach
AT&T: Info From 73 Million Accounts Hijacked in Data Breach
March 31, 2024  |  Cybersecurity

AT&T says personal data of several million customers was leaked onto the dark web. “Based on our preliminary analysis, the data set appears to be from...

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Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
Rise of Synthetic IDs Demands New Approaches to Identity at the Point of Onboarding  
March 27, 2024  |  Security & Fraud

The synthetic ID — the online identity concocted through bits and pieces of information gleaned from far-flung sources, cobbled together by fraudsters — is wreaking...

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Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
Seven in 10 Financial Institutions Use AI and ML to Combat Fraud
March 26, 2024  |  Security & Fraud

Recently, PYMNTS sat down with an array of experts and innovators in the artificial intelligence (AI) field to get their thoughts on how the technology...

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Banks Advocate Digital Payments as Defense Against Check Fraud
Banks Advocate Digital Payments as Defense Against Check Fraud
March 21, 2024  |  Security & Fraud

Despite the growing adoption of digital payment solutions worldwide, financial institutions (FIs) continue to process billions of checks each year, setting the stage for a...

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Payment Networks and Providers Leverage Data, AI in Battle vs First-Party Fraud 
Payment Networks and Providers Leverage Data, AI in Battle vs First-Party Fraud 
March 19, 2024  |  Security & Fraud

First-party fraud is, increasingly, warranting a first line of defense from the payments networks, using data and AI to uncover what’s really going on with...

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FTC Sees Jump in AI-Related Scams on Social Media
FTC Sees Jump in AI-Related Scams on Social Media
March 17, 2024  |  Security & Fraud

Federal regulators have reportedly recorded a jump in AI-related scam ads on social media. The Federal Trade Commission (FTC) has seen a sharp rise in complaints in...

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SEC Charges 17 in Alleged Ponzi Scheme Involving CryptoFX
SEC Charges 17 in Alleged Ponzi Scheme Involving CryptoFX
March 14, 2024  |  Cryptocurrency

The Securities and Exchange Commission (SEC) has charged 17 individuals connected with Houston-based CryptoFX, alleging that they were involved in a Ponzi scheme. These charges come...

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