As banks clamped down and put in more controls on withdrawals, scammers moved on to cyber hacks and ... for banks that can rate payment transactions by risk of fraud, either based on the type ...

Respondents suggest generative AI, regulations and cyber insurance will all play a role in cybersecurity next year.

In that respect, financial advisors (and their counterparts in broker-dealers, custodians, and clearing firms) have a lot of ...

With the growth of e-commerce transactions and digital payments, the world is encountering ... changing the landscape of robust fraud prevention. These risk solutions harness the power of ...

The heist was a wake-up call for the finance world that systemic cyber risks in the financial system had been severely underestimated. Today, the assessment that a major ... Two ongoing trends ...

Mastercard said it has spent $8 billion to bolster its cybersecurity over the last six years and estimates its safety net stopped $20 billion in fraud in 2023. In February, the global payments ...

Britain's cyber-defence centre has thwarted more than one million cases of suspected payment card fraud in the last year, its annual review reveals. The National Cyber Security Centre (NCSC ...

ALPHARETTA, Ga., Dec. 19, 2024 /PRNewswire/ -- ValidiFI, Inc., the leading provider of predictive bank account and payment intelligence, today released its Q4 2024 Bank Account and Payment ...

Cybersecurity networks may be getting stronger ... the security of their online transactions. In 2023 alone, payment card fraud amounted to a staggering $577 million, which was a concerning ...