December, 2018

Remove fraud-security
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The Fraud Problem of Fake Social Security Numbers (Video)

FICO

Financial institutions are constrained in their ability to make informed decisions, and consumers are naïve about the fraud impacts this purported second chance on credit. Financial institutions are constrained in their ability to make informed decisions, and consumers are naïve about the fraud impacts this purported second chance on credit.

Video 49
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The Consumer’s Role In Battling Fraud

PYMNTS

Before the liability shift in 2015, the industry-wide prediction was that the onset of EMV would reduce occurrences of counterfeit card fraud in-store, but that the industry should expect to see a spike in card-not-present (CNP) fraud as fraudsters moved to easier targets. The Consumer As A Frontline Against Fraud.

Fraud 187
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Is the internet of things our biggest future threat?

Chris Skinner

We talk a lot about cybersecurity, fraud and risk, but are we too complacent about it? Out of the 1,300 IT security decision makers surveyed for cyberark Global Advanced Threat Landscape … The post Is the internet of things our biggest future threat?

Survey 257
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KPMG: How AI Defense Can Counter Faster Payments Fraud

PYMNTS

Such a scenario stands as a terrifying example of not only the sophistication of criminals, but also the threat of fraud in a real-time payments environment. Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. The antidote?

Fraud 133
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How OfferUp Works To Safeguard Both Buyers And Sellers

PYMNTS

Fraud is a huge problem for digital marketplaces, particularly those like OfferUp, which also connects consumers who want to buy or sell items. These platforms risk losing business if buyers and sellers do not trust them to guard against digital fraud, according to Nick Huzar, CEO and co-founder of OfferUp. “By Fighting Digital Fraud.

Fraud 108
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Shieldpay Inks Deal With Visa To Bring Card Payments To P2P, Classified Ads

PYMNTS

17) a new partnership with Visa in which the two will enable secure card payments across peer-to-peer networks and classified ad sites. The team at Shieldpay continually strives to offer the most secure payment solutions to give consumers complete peace of mind when buying and selling online.

Cards 134
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Equifax Settles With NY AG Over App Security

PYMNTS

Underwood said all five companies had mobile apps that had a well-known security vulnerability that enabled hackers to intercept private data including passwords, social security numbers, credit card account numbers and bank account information.

Security 139