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With so many data breaches targeting merchants, banks should not assume they are in the clear. Banks are, after all, where the money is.
November 5 -
Though synthetic identity fraud is down across the industry, there's been an uptick in such attacks targeting credit unions.
October 8 -
Balances for accounts suspected of synthetic fraud inched up about 1% in the second quarter from a year earlier, according to TransUnion.
October 8 -
Recent reports that counterfeit card fraud is markedly down in the U.S. since the introduction of EMV chip cards in 2015 is fantastic news, except for retailers that also sell goods sells online. In that case fraud has merely moved from an in-store payment attempt to a card not present (CNP) one. For e-commerce only stores the rise in payments fraud attempts has been a deluge.
October 2 -
U.S. counterfeit card losses have plummeted in the past four years, a signal the challenging EMV migration has made a dent.
September 6 -
Tina Eide, Amex's senior vice president of global fraud, discusses the card issuer's efforts to strengthen its transaction monitoring.
September 3 -
Debit cards often lack the rewards and spending power of credit cards, and thus do not figure prominently in TV ads or direct mail flyers. Yet despite these limitations debit cards are beloved by millennials and anyone else who wants to avoid credit card debit.
August 29 -
Any time a new market opens up, fraudsters rush in to exploit it — and this is especially true of high-risk markets like gambling.
August 28 -
An inspector general’s findings suggest that the Texas bank could face more consequences over how it handled fraud cases last year tied to the Direct Express program.
August 22 -
Visa is offering four new security tools to assist merchants, acquirers and card issuers by disrupting fraud in real time.
August 20