Fraud
Fraud
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As both e-commerce and payment fraud accelerate, Sift is strengthening its digital protection platform by acquiring Chargeback, a real-time dispute management provider.
May 25 -
Cryptojacking is a particularly dangerous attack, but there are ways to fight back, Marc Laliberte of WatchGuard writes.
May 24 -
The digital migration caused new risks, and new responsibilities for security professionals.
May 24 -
Fake fundraising or phony customer service tricks people into handing over money or account details, Yinglian Xie of Datavisor writes.
May 21 -
As contactless payments skyrocket, the chance for fraud gets larger, says ClearSales's Rafael Lourenco.
May 18 -
The purchase is one of several moves the payment company has made to improve its identity expertise.
May 14 -
The San Francisco-based technology provider raised $70 million in a Series C round this week, bringing its total funding to $114 million.
May 11 -
While the eventual emergence from lockdown will help ease the pressure on overworked compliance departments, there is still an obvious need for tools that will make the anti-money laundering process simpler and stress-free, says SmartSearch's Martin Cheek.
May 11 -
Data from Sift and the FBI show how methods scammers adapted during the pandemic.
May 10 -
Malaysia’s 1MDB and a former unit have filed suits against firms including JPMorgan Chase and Deutsche Bank as the nation seeks to recover assets worth more than $23 billion linked to the scandal-plagued state-owned investment fund.
May 10 -
Less than two years after shutting down its biggest business amid fraud allegations, the Michigan company has sold branches, settled a shareholder lawsuit and returned to profitability under turnaround specialist Thomas O’Brien.
May 7 -
Magecart attacks, which target e-commerce websites in order to steal personal data during the checkout process, are picking up steam with cyber attackers, says PermeterX's Ameet Naik.
May 6 -
The FDIC issued a prohibition order against Mark Wong, who was ordered to pay nearly $220,000 in restitution as part of a guilty plea in January.
April 30 -
Security is a constantly changing game, with criminals adopting new strategies and the payment industry and other financial institutions deploying increasingly sophisticated techniques to stop them.
April 29 -
Merchant service providers need dynamic cybersecurity assessment tools to identify the key areas of risk in their portfolio in near real-time, says ZeroRisk's Neira Jones.
April 27 -
Fraud detection and prevention technology must align with clear return policies and strong customer service ensuring that confused but loyal and well-intentioned customers can continue to purchase from merchants, says Ravelin's Mairtin O'Riada.
April 26 -
Modern payment processors using AI to interpret and analyze trends and point-of-spend data can detect fraud across ecommerce in real time and provide that knowledge onwards to the bank just as quickly, says Paymentology's Abe Smith.
April 20 -
Credit unions are warning members that fraudsters are trying to prey on them by asking for data in exchange for appointments that turn out to be bogus.
April 18 -
Financial crime isn’t going away, and it’s growing worse all the time. That’s why institutions need to move at the speed of fraud, says Quantexa's Clark Frogley.
April 16 -
The single-use element of virtual cards deters hacking, says Nvoicepay's Kristin Cardinali.
April 15








