Remove Account Takeovers Remove FBI Remove Push-to-Card
article thumbnail

5 Ways to Combat Fraud During the Holidays

FICO

Payment card fraud, identity theft , account takeover and digital payment fraud have all increased significantly since March 2020. When it comes to financial fraud, such as account takeover, banks are on your side. When it comes to financial fraud, such as account takeover, banks are on your side.

article thumbnail

AIs Sizzle, ICOs Fizzle And Fraudsters Find A Way To Ruin Everyone’s Week

PYMNTS

Well, for one, account takeovers, which are on the rise. According to the October 2017 Global Fraud Index, a PYMNTS and Signifyd collaboration, account takeover has spiked 45 percent in Q2 2017 alone. The increase in account takeovers is symptomatic of the larger landscape of fraud.

AI
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Life And Times Of A Most-Wanted Fraudster

PYMNTS

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. In fact, chances are that he helped create it. Wait, why does that sound familiar…?

article thumbnail

What Check Fraud Can Teach Banks About Preparing For The Instant Payments Future

PYMNTS

Perhaps that’s why, in the midst of the seemingly never-ending stream of headlines about data breaches, account takeovers, stolen credit cards and online fraud , the notion of “check fraud” seems something of an outlier for the up-and-coming fraudster looking to make a decent living. The Whole New World of Check Fraud.