Fintech News

APRIL 22, 2024

While this digital transformation offers undeniable convenience, it also introduces new challenges to mobile security in Indonesia Malware and phishing attacks pose a significant threat to the integrity and security of financial platforms, jeopardising both user data and financial security. A 2023 report by Kaspersky found that 40.8%

Phishing 111

Phishing Security Blocks Cybersecurity 111

PYMNTS

AUGUST 21, 2020

These machines can be vulnerable to fraud, however, ranging from physical techniques like card skimmers to digital methods like identity theft. Interactive teller machines (ITMs) offer a variety of services that are normally only available inside a physical branch, like loan applications and cash deposits.

Blocks 106

Blocks Identity Theft ATM Online and Mobile Banking 106

Fintech News

JUNE 6, 2024

Recent phishing and fraudulent cases involving multiple banks in Singapore have highlighted the severity of this issue and the urgent need for banks to enhance their security measures. DBS isn’t the only bank making news for phishing scams. US$129,841).

Scams 105

Scams Phishing Deepfake Verification 105

Fintech News

DECEMBER 17, 2024

He explained that Revolut Pays direct integration with exchanges provides end-to-end control over transactions, blocking fraudulent activities such as stolen card usage or elaborate investment scams. Revoluts move comes as crypto fraud, including phishing attacks and identity theft, becomes more sophisticated.

Transactions 64

Transactions Identity Theft Security Phishing 64

Segpay

FEBRUARY 21, 2024

Analyzing patterns and anomalies identifies potential risks associated with identity theft or fraudulent activities. In a security incident, the technology can autonomously trigger predefined responses, such as isolating affected systems, blocking suspicious activities, or alerting security teams.

AI 89

AI Innovation Fraud Detection Encryption 89

FICO

FEBRUARY 16, 2023

Using the data from these reports, issuers can act immediately to address known compromised cards with tactics like block/reissue or implement strategies to increase monitoring of those cards for signs of fraudulent activity. Knowing where skimmers are most prevalent is also a powerful piece of knowledge. Debbie holds a B.A.

Compromise 98

Compromise Scams Debit Card Smishing 98

FICO

MAY 19, 2020

Blocked cards and frozen funds that are under investigation are a major headache to consumers and nimble organizations will be doing all they can to minimize these and to look at how they might make their policies more flexible. 5) Top 5 Fraud Manager Considerations During COVID-19: A rise in application fraud and identity theft.

Account Takeovers 52

Account Takeovers Identity Theft Scams Financial Crimes 52