PYMNTS

AUGUST 19, 2019

The threat actors realized they can amplify their impact by targeting specific companies such as managed service providers,” said Bennett. We are seeing gangs involved in drug trafficking and firearms offenses turning to fraud, targeting victims across the U.K. Fraud that was in turn prevented by the unit amounted to as much as $8.2

Fraud 180

Fraud Delaware social media Maryland 180

Ublocal

APRIL 14, 2025

Fraud on the Rise in 2025 and How to Prevent It Scams and fraud are becoming rampant and much harder to spot. billion to fraud in 2024, according to the Federal Trade Commission (FTC). Fraud Trends in New Hampshire New Hampshire ranks among the top 10 states for fraud and impostor scams, according to the FTC.

Fraud 81

Fraud New Hampshire Vermont How To 81

Abrigo

NOVEMBER 17, 2023

Measuring the cost of fraud losses. The true cost of fraud goes beyond the initial reported fraud losses Would you like other articles like this in your inbox? Takeaway 1 Fraud scams made worse by the pandemic continue to be successful, while crypto-scams are emerging. That equates to $35 billion annually.

Fraud 195

Fraud Training Trends Compliance 195

Abrigo

DECEMBER 17, 2019

The expected outcome of greater inventory at a lower cost, as we have seen in prior years, is an increase in fraud activity and cyberattacks heading into the end of the calendar year. One of the most important links in the chain of e-commerce fraud is the “mule”. Fraud Prevention. Fraud Trends. Fraud Prevention.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

NOVEMBER 16, 2020

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. In an interview with PYMNTS, Ragan said technology developments have enhanced the industry’s fraud-fighting strategies, but customer awareness is still a critical component of preventing bad actors from succeeding.

Fraud 295

Fraud Strategy social media United States 295

PYMNTS

OCTOBER 19, 2018

At the least, it won’t get any better — not according to any anti-fraud expert who is worth their rate. Every business must decide its comfort level with fraud and how much risk to take on, a concept discussed in depth during a new PYMNTS digital discussion, featuring Karen Webster and Kevin Trilli, chief product officer at Onfido.

Fraud 189

Fraud Online social media Software 189

PYMNTS

SEPTEMBER 21, 2020

Consumers are using mobile apps’ order-ahead features and loyalty perks more often during the COVID-19 pandemic, yet chargeback fraud — also known as friendly fraud — is unfortunately also rising. A Proactive Approach To Friendly Fraud. Friendly fraud often develops around online promotions at restaurants.

Fraud 177

Fraud Mobile social media Customer Experience 177

PYMNTS

DECEMBER 10, 2019

The tools we use to detect, score and prevent fraud — particularly card-not-present fraud in digital transactions — have improved exponentially in the last half-decade. As of today, 85 percent to 95 percent of synthetic fraud identities are easily slipping past risk detection systems that are failing to flag them.

Fraud 158

Fraud System Data Tools 158

Abrigo

JULY 10, 2023

Stay up-to-date on AI fraud trends to protect your clientele Emerging AI fraud schemes reveal holes in financial institution's defenses. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. Here are several suggestions for tightening security.

Fraud 150

Fraud How To social media Security 150

PYMNTS

OCTOBER 29, 2018

The latest generation of these implants comes with management software for both clinicians and patients, installed on commercial-grade tablets and smartphones,” the report said, adding that the “connection between them is based on the standard Bluetooth protocol.”. As a research report released on Monday (Oct.

Fraud 176

Fraud Wisconsin Data social media 176

PYMNTS

APRIL 5, 2019

Despite the fairly obvious names, some of these groups have managed to remain on Facebook for up to eight years, and in the process acquire tens of thousands of group members.”. Facebook confirmed the groups, some of which Talos revealed had been on the social media site for as long as eight years, have been removed.

Groups 190

Groups social media Fraud cryptocurrency 190

Abrigo

OCTOBER 3, 2014

In the wake of several widely publicized fraud scandals over the last dozen or more years, such as Enron and Lehman Brothers, regulation of the accounting industry has come to the forefront of the public’s attention. His comments are not only applicable to his geographic region, but for sole props and firms across the country.

New Jersey 270

New Jersey social media Industry Regulation 270

PYMNTS

NOVEMBER 5, 2018

However, the notion of transparency is key in the age of social media — and transparency is lacking. As had been reported, the social media giant debuted new rules in May that require for the people or organizations that buy those ads to note who paid for them. Where The Process Breaks Down.

social media 172

social media Minnesota Tools Virginia 172

PYMNTS

JUNE 15, 2017

Can data make all the difference in the fight against payments fraud? The discussion played off the findings of a new whitepaper from the firm titled, “Driving Up Conversion with Effective Fraud Management.”. Yes — if you know what to do with the data, and if you know where to find it in the first place.

Fraud 115

Fraud Data Tools Management 115

PYMNTS

JULY 10, 2020

Using mobile apps to order ahead and pickup in-store has become much more popular during the health crisis, but the jump in online orders has prompted a corresponding rise in online fraud. Taco Bell’s Approach To Fostering Customer Loyalty And Fighting Fraud. Mobile Order-Ahead Developments Around The World.

Mobile 162

Mobile social media Report Fraud 162

Accenture: Banking

OCTOBER 3, 2017

Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Trust in online platforms and social-media companies as providers of payments services is low. So why not?

social media 156

social media Millennials Online Fraud 156

FICO

MARCH 26, 2018

This is the first in a series of articles in which we tackle some of the most topical fraud issues and decisions facing fraud managers today. Not only is the customer experience diminished, but in these days of social media, the disgruntled customer may take to Twitter or Facebook to vent their frustrations.

Strategy 93

Strategy Fraud social media Customer Experience 93

Perficient

OCTOBER 15, 2020

The OCI Streaming Service is fully managed so companies don’t have to worry about the complexity and operational burden of running all their data streams. Unlike the other public cloud providers, Oracle has top-rated Cloud applications for ERP, Supply Chain Management (SCM), Human Capital Management (HCM) and Customer Experience (CX).

Analytics 332

Analytics Data Video Big Data 332

PYMNTS

OCTOBER 14, 2016

One firm, IdentityMind Global, provides real-time risk management and fraud prevention through “digital identities,” collecting data across dozens of parameters and separating the financial ecosystem into good actors — those deserving of trust (and completed transactions) — and, well, bad actors.

Fraud 100

Fraud Online social media Risk Management 100

PYMNTS

MARCH 21, 2019

The uptick in fraud comes as banks wrestle with fighting data breaches, some of which are high-profile and are shaking consumers’ confidence. The report also found that in 2018, there was an increase in traditional unauthorized fraud, in which customers are tricked into transferring money to criminals.

Fraud 122

Fraud social media Data Report 122

PYMNTS

OCTOBER 13, 2020

And, while terrorist use of cryptocurrency is still evolving, certain terrorist groups have solicited cryptocurrency donations running into the millions of dollars via online social media campaigns.”. billion of cryptocurrency reportedly was lost to theft or fraud – double that of the previous year.

cryptocurrency 206

cryptocurrency United States social media Regulation 206

PYMNTS

AUGUST 23, 2019

The Playbook also examines the increasing threat of fraud as more marketplaces deal with data breaches and their aftermath. Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses. Around the Payments And The Platform E conomy. About the Payments And The Platform Economy Playbook.

Millennials 165

Millennials Trends Meeting social media 165

Independent Banker

OCTOBER 1, 2022

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Reports about fraud losses: Millennials vs. people 40+. How to minimize age-related fraud.

Fraud 133

Fraud social media Millennials Examples 133

Insights on Business

APRIL 28, 2017

It leverages a combination of structured and unstructured data, both proprietary and public, including social media channels. Wealth advisors and relationship managers are using cognitive technologies to achieve new levels of expertise and responsiveness. The more the system learns, the more efficient it becomes.

Analytics 155

Analytics social media Fraud Industry 155

Abrigo

OCTOBER 19, 2023

Here are some ideas: Use social media platforms such as Twitter, Facebook, or LinkedIn to share cybersecurity tips, stories, or resources using the hashtag #BeCyberSmart or #SecureOurWorld. Host webinars or workshops for your employees, customers, or members that cover topics such as password management or phishing prevention.

Online 221

Online Security Resources Training 221

PYMNTS

AUGUST 21, 2019

What can make all that so much worse is fraud. Unfortunately, where there is tragedy, there is fraud.”. Even social media is getting in on the act. Not to be too cynical about such efforts, they can also enable more online fraud. The chaos and misery can be overwhelming,” Cohen said. Another factor?

Fraud 188

Fraud social media Mobile Online 188

FICO

NOVEMBER 22, 2021

Not to mention, the window for fraud has grown because retail events kicked off in October to counter concerns about supply chains and logistics. Growth in e-Commerce has Seen Fraud Surge. The fraud problem has gone viral. France and Germany have seen fraud increase during the pandemic. In the U.S. In the U.S.

Fraud 98

Fraud Cards Retail Online 98

PYMNTS

JULY 16, 2020

Wednesday’s wave of hacking attempts did pull off part of their intended effect, as the scammers managed to get around $117,000 from some 401 transactions sent to two email accounts.

US 200

US social media Bitcoin System 200

PYMNTS

JULY 16, 2019

Acquirer WorldPay, for example, has launched an Exemption Engine, which will allow companies to search for relevant exemptions that may help them better manage payments and authentication under the regulation. Fraud isn’t the only thing banks and merchants are concerned over when it comes to SCA’s upcoming deadline.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

SEPTEMBER 25, 2020

Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. HSBC To Staff: Stay Off Bank’s Social Media Accounts . The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s social media sites on Monday (Sept.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

NOVEMBER 12, 2018

Employees who may not have regular access to corporate email accounts were being notified by their managers at work. Social media posts show that some former employees, who left the company months ago, have also received notification letters.

Data 188

Data social media Seattle Security 188

PYMNTS

OCTOBER 22, 2018

Facebook is reportedly gearing up to acquire a cybersecurity company in an effort to assure users that security is a top priority of the social media company. Stringer is adding his name to a previous proposal put forth by Trillium Asset Management in which the investor called on Zuckerberg to step down.

New York City 187

New York City Company New York social media 187

PYMNTS

JANUARY 30, 2020

In its Q4 2019 earnings release, Facebook reported a 51 percent spike in expenses for 2019, as the social media platform faces more questions from regulators and policymakers. As fraud evolves, old forms of cybersecurity are not enough to keep up criminals’ increasingly innovative attacks. FICO’s Take on Debit Security.

social media 141

social media Payments ATM Fraud 141

PYMNTS

SEPTEMBER 12, 2018

In the inaugural issue of the Omni Security And Authentication Report , PYMNTS explores how banks are using technologies like artificial intelligence (AI) and neural networks to identify and build customer profiles and safeguard themselves and their customers against the rising threat of fraud. Around The Security And Authentication Space.

Security 139

Security Report Fraud CA 139

PYMNTS

MARCH 3, 2019

It is also seeking to stop the use of domain names that are Facebook-branded and the infringement of trademarks, according to the social media company. Facebook Public Policy Manager Karim Palant said, according to Reuters , that the social media firm is “open to meaningful regulation.”

social media 115

social media Regulation Resources Policies 115

PYMNTS

FEBRUARY 6, 2020

Nacha also pointed to the challenges of manual management, misdirected payments, errors and fraud risks. Automating the flow of payment-related data will support back-office process efficiencies, and address fraud concerns. The organization noted that the platform will aim to go live for early adopters this May.

Data 183

Data Payments social media Fintech 183

PYMNTS

NOVEMBER 27, 2019

Medication management features are currently in testing with customers of the Giant Eagle Pharmacy chain, which is based in more than 200 supermarkets. The social media company made multiple bids for Fitbit in October, with a final offer of $7.30 Amazon Alexa Can Now Send Medication Reminders. Of the 94 million U.S.

Google 109

Google Management Payments social media 109