Remove Email Compromise Remove Payments Remove Scams
article thumbnail

Eftsure Joins Nacha as Preferred Partner to Strengthen ACH Payment Security

Trade Credit & Liquidity Management

From a Press Release dated July 2, 2025, Reston, VA Eftsure, a global leader in payment fraud prevention, has been named a Nacha Preferred Partner, joining a select group of technology providers recognized for advancing the ACH Network. billion payments valued at $86.2 This expansion empowers U.S.

article thumbnail

BioCatch Unveils Scam Detection Tool Scams360

Finovate

Financial crime prevention innovator BioCatch has launched its behavior-based scam-fighting solution, BioCatch Scams360. The new offering helps financial institutions deal with social engineering-based scams such as authorized push payment (APP) fraud.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Cyber Threats Surge in India’s Financial Sector

Fintech News

Financial phishing refers to cyberattacks that target users of online banking, payment systems, and e-commerce platforms, aiming to steal sensitive financial data. These attacks often involve fraudulent communication, where cybercriminals impersonate legitimate institutions like banks, payment providers, or even well-known online retailers.

article thumbnail

Email’s Role In Combatting Business Email Compromise

PYMNTS

With the business email compromise (BEC) phishing attack a continuously growing threat for businesses large and small, organizations are exploring how strategic cybersecurity investments can protect them when bad actors attempt to steal company cash or redirect business payments.

article thumbnail

Invoice Fraud Strikes Amazon In $19M Scam

PYMNTS

In a case that highlights how anybody — truly, anybody — can be a victim of invoice fraud, federal officials have reportedly charged two brothers in New York State for an alleged $19 million scam targeting Amazon. Attorney Audrey Strauss described the scam as "a new twist on an old trick" through the use of "complex technology.".

article thumbnail

FBI, BBB Sound Another Business Email Compromise Alarm

PYMNTS

companies via the Business Email Compromise scam, reports in The East African said last week. At the time, reports said, the county was operating a computer supply deal for its schools, so county officials believed the email to be valid. million to that Ohio account via 28 payments. Between Aug. 8 and Sept.

article thumbnail

FinCEN Warns Of COVID Scams Targeting FIs, Consumers

PYMNTS

The Financial Crimes Enforcement Network (FinCEN) issued a press release warning financial institutions (FIs) and consumers about pandemic-related scams, including some connected to cryptocurrency. FinCEN warns that bad actors “are engaged in fraudulent schemes that exploit vulnerabilities created by the pandemic.”