Transaction fraud has become a growing concern, posing serious risks to businesses. It threatens financial security and ...

Card present (CP) fraud happens even with chip-enabled credit cards. Skimming and shimming are ways thieves steal personal information. File a complaint with your card issuer or agencies like the CFPB ...

Revolut has been under fire as fraud complaints piled up in 2024, but the company has insisted it saved hundreds of millions in “potential fraudulent transfers.” Cryptocurrency-friendly neobank ...

Having fraudulent transactions on your bank account can be a scary and frustrating experience, even traumatic. But if you have a bank and financial institution – be it a bank or credit union – that ...

Visa is using artificial intelligence and machine learning such as risk scoring to counter fraud, the firm said. "We look at over 500 different attributes around [each] transaction, we score that and ...

Don’t ignore potentially fraudulent credit card transactions; instead, take advantage of the protections and refund processes available through your card issuer. Confirm that the transaction is indeed ...

Fraud detection is a high-stakes game of cat and mouse, with retail businesses continually adapting to outsmart increasingly sophisticated fraudsters. As ecommerce losses from online payment fraud ...

Brazilian banking giant modernizes fraud detection and digital account opening, securing real-time transaction monitoring and seamless customer onboarding “Bradesco is more than a bank; we are a ...

Mastercard told CNBC it's launching a new generative artificial intelligence model to allow banks to better assess suspicious transactions on its network. The new Decision Intelligence Pro feature is ...

The 2023 LexisNexis True Cost of Fraud Study – Asia Pacific finds that fraud costs APAC-based businesses nearly quadruple the face value lost in fraudulent transactions. In Australia, 66% of companies ...