Competition from global giants like Amazon and Alibaba and millions of independent retailers, coupled with the constant threat of credit card fraudsters, makes it imperative that online retailers tick all the boxes to reduce risk, writes Suresh Dakshina, CEO of Chargeback Gurus.

A woman who formerly worked for a Southern California credit union and her "online boyfriend" have been indicted by a federal grand jury of defrauding multiple banks to the tune of $2.6 million.

Landmark Bancorp in Manhattan, Kan., could lose more than $5 million — more than it earned in the first half of the year — if a recently discovered overdraft situation cannot be resolved.

Companies involved in content sharing or social media are seeing fraudsters try to create new accounts for their sites with fake credentials through bot attacks.

Usernames, passwords, device authentication and even biometrics have vulnerabilities. Behavioral identity is much harder for crooks to crack, writes Robert Capps, a vice president at NuData Security.

Regulators and consumer activists are examining the relationships among banks, insurance companies and auto-loan borrowers following the new revelations about Wells Fargo and insurers' rising premium income.

Unless security systems are implemented thoughtfully and provide a comprehensive view of an organization’s end-to-end security position they’re little more than a distraction, writes Luis Rojas, vice president of product management for cyber fraud and risk management at Bottomline Technologies.

Credit card issuers are beginning to see significant upticks in credit card account charge-offs, with Discover the latest to report a spike, flagging a 55% hike in losses during the most recent quarter. But what exactly is driving the increase?

The bank’s “reasonably possible” legal charges could surpass its reserves by $3.3 billion as of June 30, a Wells securities filing says.

Push Payments' Travis Dulaney discusses the Fed task force report; Brian Roemmele talks voice pay.

Machine learning can allow customers to take control of their data-driven decision making, including fraud, writes Mark Goldspink, CEO of The ai Corporation.

Some bankers fear the use of artificial intelligence in detecting crime could catch innocent customers in a dragnet. Proponents say it can do a better job of spotting true criminals.

The simplest scams are sometimes the hardest to thwart. Rather than redesign its prepaid card with added security, InComm is redesigning the packaging in a way that should render stolen cards unusable.

Despite assurances that the Department of Justice crackdown on banks' third-party relationships is ceasing, lawmakers say it is still having an impact.

More e-commerce and multi-channel merchants are accepting payments from mobile devices, even though they haven't addressed all of the security gaps inherent to the technology.

As the U.S. chip card migration crawls ahead, companies that have not made the switch are at a particularly high risk for fraud.

As self-checkout gains steam, so does the risk for shrink, or intentional underscanning. There are some things retailers can do to mitigate the problem, including appealing to consumers' own morality.

U.S. banks and credit unions face a tricky calculus in deciding whether to adopt expensive technology aimed at reducing online fraud.

U.S. banks face a tricky calculus in deciding whether to adopt expensive technology aimed at reducing online fraud.

The plan places a greater burden on bank managers to stop money laundering, with board members overseeing companies caught breaching the law also facing punishment if they fail to intervene.