PYMNTS

NOVEMBER 7, 2016

There are those high-profile credit card data breaches that create massive headaches for merchants, while the Federal Bureau of Investigation has continually warned the nation about corporate phishing attacks that specifically target the B2B and supplier payment process, convincing businesses to pay a fake supplier.

Fed 77

Fed Secure Payments Task Force Security Federal Reserve 77

PYMNTS

OCTOBER 19, 2020

Frauds typically involve perpetrators infiltrating user accounts directly. Cybercriminals deploy a variety of tactics, and phishing is the most popular. But as you go through that enrollment process, we are doing a number of things behind the scenes to validate you are who you say you are.

Zelle 68

Zelle Scams AI CashApp 68

Seon

JULY 27, 2023

In fact, phishing attacks may become even more prevalent as FedNow rises in popularity. That’s because scammers will know that the fast and permanent nature of FedNow payments will mean that one fleeting lapse of judgment could mean an account holder loses their money to a simple trick.

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FedNow Federal Reserve ISO 20022 Fraud Detection 40

PYMNTS

SEPTEMBER 6, 2019

The healthcare industry is also busy fending off fraudsters in its contact centers, especially as seniors face an increase in phishing attempts and robocalls. Fraudsters targeted new account creations and payments, but account logins remained relatively safe from quarter to quarter in 2018.

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MFA Authentication Phishing Verification 49