Fraud Prevention

AI Financial Crimes Platform Hawk Grows Funding to Drive International Expansion
AI Financial Crimes Platform Hawk Grows Funding to Drive International Expansion
July 31, 2024  |  Investments

Hawk has expanded its Series B funding amid a new investing partnership with Macquarie Capital. The company, which provides fraud prevention and anti-money laundering (AML)...

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Payments Orchestrators Become Open Payment Platforms to Improve eCommerce Efficiency
Payments Orchestrators Become Open Payment Platforms to Improve eCommerce Efficiency
July 30, 2024  |  Payments Innovation

As digital commerce evolves, businesses are constantly seeking innovative solutions to enhance their payment processes. And providers are working around the clock to give them...

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Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
Gift Card Scams Surge as Maryland Enacts Law Amid Federal Crackdown
July 29, 2024  |  Retail

Gift card scams are back in the news, with two federal agencies issuing warnings about their proliferation and one state now passing a law aimed...

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WTO Countries Sign Global eCommerce Agreement That Would Ban Tariffs
WTO Countries Sign Global eCommerce Agreement That Would Ban Tariffs
July 28, 2024  |  eCommerce

Several dozen World Trade Organization (WTO) countries have signed a sweeping agreement governing global eCommerce. The agreement, adopted Friday (July 26), is the first-ever set...

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3 Big Ideas From the PYMNTS Visa SMBTV Series
3 Big Ideas From the PYMNTS Visa SMBTV Series
July 26, 2024  |  VISA

In the digital marketplace, the effortless nature of eCommerce transactions masks a complex network of systems designed to ensure a smooth customer experience. While consumers...

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UK Crime Agency, Banks Cooperate to Identify Organized Crime
UK Crime Agency, Banks Cooperate to Identify Organized Crime
July 26, 2024  |  Security & Fraud

The United Kingdom’s National Crime Agency (NCA) and seven U.K. banks are working together to identify and take action against organized crime. In this public-private...

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FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
July 26, 2024  |  Fintech Investments

Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid...

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Bot? Fraudster? New Technology Finds Legit Users Without Compromising User Experience
Bot? Fraudster? New Technology Finds Legit Users Without Compromising User Experience
July 25, 2024  |  Authentication

The most sustainable and effective business successes frequently come from striking the right balances. And one of the more challenging balances for businesses to strike...

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Mastercard Doubles Fraud Detection Rate With Generative AI
Mastercard Doubles Fraud Detection Rate With Generative AI
July 24, 2024  |  Security & Fraud

Mastercard has unveiled a new approach to identify compromised payment cards, leveraging a combination of generative artificial intelligence and graph technology. The company reports that...

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