Tag: Fraud

Stay updated with insights on fraud at PaymentsJournal. Explore trends, news, and expert analysis on fraud prevention, detection, and the latest strategies to protect financial transactions.

Washington State Failed Fraud Detection System Lost $576 Million

Faster Payments Make Four Common Fraud Schemes More Successful:

by PaymentsJournal

March 2, 2020

Don’t miss another episode of Truth In Data! Click on the red bell in the lower-left corner of your screen ...

Payment Complexity Creates Fraud When PayPal Is Added to Google Pay

by Tim Sloane

February 27, 2020

It appears that a fraud vector is introduced when users link their PayPal accounts to Google Pay. This TechRadar article ...

How the Finance Industry Can Respond to Cybersecurity Threats in the Post-Pandemic World

PSCU Saves Over $277M in Fraud for Owner Credit Unions in 2019

by PaymentsJournal

February 13, 2020

PSCU, the nation’s premier payments credit union service organization (CUSO), today reported that it stopped more than $277 million in ...

In Real Time Payments Fraud: Lessons from APAC

by Sarah Grotta

January 29, 2020

Real time payments are in their infancy here in the U.S., which is a great time to look at the ...

Will the Rise in B2B Check Payments Fraud Speed up the Decline in Corporate Check Use?

by Steve Murphy

January 16, 2020

This referenced article is from the WSJ and discusses a spike in B2B payments fraud related to the use of ...

Kount Named a Leading Provider of eCommerce Fraud Prevention Solutions in 2020 Frost & Sullivan Report

by PaymentsJournal

January 14, 2020

Kount, the leading provider of AI-driven fraud prevention, announced it has ranked as a leader for growth and innovation in the ...

Jumio Reports 2019 Fraud Rate Up 27.8%

by Tim Sloane

December 27, 2019

Jumio, which implements user identification to protect against fraudulent account openings, reports that it has detected a 28% jump in ...

AI To Change Mobile Payments Realm — of Course, For Better!

by Harley Marsh

December 9, 2019

Slowly and steadily, disruptive technologies like Artificial Intelligence, Machine learning, and AR/VR are seen spreading their wings worldwide. With all ...