Fintech News

MARCH 11, 2025

Scammers sent phishing links disguised as legitimate verification sites via dating platforms, enrolling victims in recurring billing cycles. One of the largest scams uncovered by Visa involved fraudulent identity verification schemes.

Scams 106

Scams Blocks Law Enforcement Laws 106

PYMNTS

SEPTEMBER 16, 2020

Universities working to enroll thousands of new students online face many of the same challenges that currently plague financial institutions (FIs) and insurance firms: They are struggling to keep out bad actors while managing surges in digital interactions. The College Digital Onboarding Challenge. Cybersecurity Class Is In Session.

Cybersecurity 56

Cybersecurity Enrollments Phishing Identity Theft 56

Fintech Finance

NOVEMBER 6, 2024

Despite the popularity of passwords and OTPs, these traditional verification methods are increasingly vulnerable to online scams like phishing or being intercepted by fraudsters via screen mirroring. How it works Consumers only need to enroll their Mastercard card once to use payment passkeys for online payments.

Visa 98

Visa APACS Transactions Authentication 98

The Fintech Times

FEBRUARY 12, 2024

As with previous research in the field, the Capital One survey also measured digital literacy by evaluating digital safety knowledge, like how to identify phishing scams and whether it’s safe to share personal information on private social media accounts (see the methodology section for more information).

Financial Literacy 69

Financial Literacy Consumer Online and Mobile Banking Enrollments 69

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

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. The economic anxiety associated with the pandemic has made victims especially vulnerable.

Zelle 68

Zelle Scams AI CashApp 68

PYMNTS

JULY 15, 2020

They also note a recent spike in COVID-19-related phishing attempts.”. When a patient requests an online prescription or appointment, they are prompted to capture a new 3D face map, which is instantly compared to the original face map captured at enrollment,” Jumio’s Philipp Pointner told PYMNTS.

Data Breach 58

Data Breach CCPA Breach Social Security 58