PYMNTS

AUGUST 13, 2018

The Federal Bureau of Investigation (FBI) has issued a warning to banks that cybercriminals are gearing up to launch a choreographed global scam, known as the “ATM cashout,” in which the bad guys hack a bank or payment card processor to make cloned cards that they can use to withdraw money from ATMs around the globe.

FBI 58

FBI ATM Scams Third Party Vendors 58

Fintech Finance

APRIL 24, 2024

Verizon , NatWest and Global Anti-Scam Alliance collaborate with Mastercard to tackle fraudsters and fight against scams. According to the FBI, across the United States people lost $12.5 billion to internet scams in 2023 alone. Mastercard is also partnering with organizations across the ecosystem to fight scams.

Scams 52

Scams Visa AI Consumer 52

PYMNTS

NOVEMBER 28, 2018

Google, the FBI and White Ops, along with a handful of cybersecurity companies, recently collaborated to shut down a digital ad fraud scam that used 1.7 Whenever they were blocked off in one place, they’d reappear somewhere else,” Google said. million computers to generate fake clicks.

FBI 51

FBI Scams Cybersecurity Bots 51

Neopay

APRIL 25, 2024

Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships. According to the FBI, across the United States people lost $12.5 billion to internet scams in 2023. In the UK, fraudsters were responsible for nearly 1.4

Visa 52

Visa AI Scams FBI 52

PYMNTS

JULY 25, 2018

If the Business Email Compromise (BEC) scam isn’t on the radar of every corporate finance executive, it certainly should be. While the continued strength of BEC scammers may not come as a surprise, the research finds that the scam no longer only reigns in targets with a request for wire transfer.

Scams 55

Scams Business Email Compromise AFP Wire Transfer 55

FICO

JANUARY 10, 2023

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. In a year that saw the word "scamdemic" coined, scams such as authorised push payment fraud were top of mind, along with various other fraud schemes. FICO Admin. Tue, 07/02/2019 - 02:45. expand_less Back To Top. Tue, 01/10/2023 - 11:30. Read the full post.

Scams 52

Scams Posting Push-to-Card Compromise 52

PYMNTS

MARCH 30, 2018

The Federal Bureau of Investigation (FBI)’s Internet Crime Complaint Center (IC3) said that it had received nearly 11,000 complaints on tech support scams. In cybersecurity news, that supposed tech support rep from the cryptocurrency exchange may, in fact, be a scammer, CoinDesk reported.

Bitcoin 49

Bitcoin Blocks Cryptocurrency Cross-Border Payments 49