PYMNTS

JULY 12, 2020

Since the onset of the pandemic, the Secret Service, a division of the Department of Homeland Security , said it has focused on deterring criminal activity related to the pandemic and recovering stolen funds from Americans. Meanwhile, “traditional financial crimes investigators worked to secure and protect the U.S.

Financial Crimes

PYMNTS

MARCH 18, 2020

What is almost certain, however, Ingo Money CEO Drew Edwards and Karen Webster noted in a recent conversation, is how those payments will go out — which is by check. Amateurs and criminal gangs, he noted, will pinch checks directly from mailboxes.

Checks

PYMNTS

JULY 25, 2018

This means that, though ACH payments have developed a reputation of greater security compared with checks, BEC scammers are also committing the scam to request fraudulent ACH transfers, too.

Scams

PYMNTS

NOVEMBER 17, 2020

But, as three banking security experts told Karen Webster, that same trillion-dollar loss represents a significant authentication opportunity for financial institutions (FIs) if they leverage risk-based authentication and behavioral analytics to help shape and safeguard the great digital shift.

Authentication