Fraud
Fraud
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Akin to the democratization of computing power through personal computers, the growing use of AI will continue to fuel new products and services in payments and have a significant impact on society. But AI will also introduce tremendous challenges due to its potential use by threat actors, says Visa's Paul Fabara.
January 7 -
Granting a third party access to a bank's systems in exchange for more advanced technology can help prevent fraud, but it can also attract cyberattacks.
January 6 -
Traditional phishing attacks on email are easier for most users to spot, causing crooks to migrate to new venues, argues The ai Corporation's James Crawshaw.
January 6 -
The current climate is akin to the Wild West, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter.
January 3 -
The current climate is akin to the wild west, with little protection for the consumer, and new regulations are needed if the technology is to continue to expand in a safe and sustainable way, argues Mitek's Stephen Ritter.
December 31 -
As 2020 dawns, a new decade will soon bring new levels of friction for contactless customers as a result of Strong Customer Authentication (SCA), a key part of the European Union’s drive to reduce card fraud across Europe.
December 27 -
Mastercard is working to build its risk-monitoring arsenal by buying RiskRecon, which offers tools measuring threats introduced by third parties, including vendors.
December 23 -
A new report from the National Credit Union Administration's Office of the Inspector General outlines what to expect in the year ahead following some 2019 scandals.
December 23 -
Two former officials were sentenced to five years each for falsifying travel expenses and lying to authorities.
December 23 -
PNC, Plaid and Venmo have been blamestorming over customer data-sharing issues of access, security and consent.
December 23