Finovate

JANUARY 9, 2025

Among the new tools are all-in-one bill pay, real-time bank balance insights, credit score protection, $1 million in identity theft protection, and utility usage tracking. per month. .” Users can access doxoBILLS on the doxo mobile app and website. per month (plus tax, where applicable).

Facilitators 59

Facilitators Identity Theft Consumer Online and Mobile Banking 59

The Paypers

NOVEMBER 16, 2023

Adyen , global financial technology company, has published a survey with a global ranking of countries most at risk of identity theft.

Identity Theft 53

Identity Theft Risk Technology 53

VISTA InfoSec

MARCH 13, 2025

A brief introduction to PCI DSS PCI DSS is a global data security framework that protects businesses handling cardholder data (CHD) from data breaches, fraud, and identity theft. So, if you are wondering why you should invest in PCI DSS compliance in Australia and how it can safeguard your organization, keep reading to find out.

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

BioCatch

MARCH 17, 2025

Secret Service agent with decades of experience combating financial crimes, I've seen how identity theft has transformed into a well-oiled machine, exploiting every vulnerability in our digital and financial systems. As a retired U.S.

Account Takeovers 59

Account Takeovers SARS Identity Theft Law Enforcement 59

Payments Dive

AUGUST 28, 2024

Four in five consumers are worried about identity theft or someone stealing their credit card numbers, according to a report this month from the credit monitoring agency Experian.

Identity Theft 107

Identity Theft Credit Cards Consumer 107

Finextra

FEBRUARY 10, 2025

CommBank is expanding its collaboration with telco Telstra to introduce new fraud detection technology.

Identity Theft 69

Identity Theft Fraud Detection Technology 69

The Fintech Times

FEBRUARY 3, 2025

Victims of these scams not only face financial losses, averaging about $180 per incident, but 40 per cent also suffer from subsequent identity theft. Account takeover scams saw a dramatic increase of 250 per cent last year. The use of deepfake technology and generative AI is also on the rise, compounding the threat range.

Deepfake 81

Deepfake Account Takeovers Identity Theft Verification 81

PYMNTS

JUNE 22, 2020

The company said associates with active cards will be given credit and identity theft monitoring services, courtesy of privacy technology company ID Experts. Also, the FBI has been called to assist with finding out the perpetrator.

Identity Theft 102

Identity Theft Ransomware FBI Enrollments 102

Payments Source

NOVEMBER 4, 2018

Synthetic fraud brings the pain from many angles — a fluid mix of fake credentials and phony accounts that can overwhelm traditional identity theft tools.

Identity Theft 97

Identity Theft Credential Security Accounts 97

VISTA InfoSec

MAY 12, 2024

According to the Identity Theft Resource Center’s (ITRC) 2023 Business Impact Report , 73% of small business owners in the US reported a cyber-attack within the previous year, underlining the growing popularity of small businesses as a target among malicious actors.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

Fintech Finance

JANUARY 9, 2025

Friendly fraud is the second most common form of fraud, ahead of card testing and identity theft, according to a survey by Merchant Risk Council (MRC) and Verifi. In fact, Visa reports that friendly fraud now accounts for up to 75% of all chargebacks, highlighting the ever-worsening issue of chargeback abuse and misuse.

Returns 96

Returns Posting Disputes Identity Theft 96

The Fintech Times

APRIL 22, 2024

It provides a digital panic button, empowering individuals to block access to various services and accounts all at once if they experience smartphone theft. The post Study Shows Alarming Rise in Smartphone Identity Theft Among UK Consumers appeared first on The Fintech Times.

Identity Theft 59

Identity Theft Consumer Online and Mobile Banking Monetary Loss 59

Fintech Finance

AUGUST 28, 2024

However, this increase in digital payments also brings about heightened risks – almost one in five consumers surveyed has fallen prey to online identity theft. report falling victim to online identity theft, with two in five reporting that an incident resulted in accounts being opened in their name.

Identity Theft 105

Identity Theft Online and Mobile Banking Consumer Payments Trends 105

PYMNTS

MAY 14, 2020

The COVID-19 pandemic has triggered an uptick in digital fraud and identity theft, with 18,235 pandemic-related fraud reports received by the Federal Trade Commission (FTC) since the beginning of the year. Deep Dive: Enlisting AI And Biometrics In Response To Widespread Digital Identity Theft.

Identity Theft 98

Identity Theft AI Federal Trade Commission Verification 98

Fintech News

FEBRUARY 5, 2025

Additionally, it enhances fraud prevention by identifying data inconsistencies, helping to reduce identity theft and fraudulent account creation. The system delivers quick and accurate results, instantly generating clear and actionable verification outcomes.

Verification 71

Verification Checks Security Identity Theft 71

VISTA InfoSec

FEBRUARY 25, 2024

For customers exposed to breaches, identity theft risks skyrocket, leading to bank/credit card fraud plus medical/tax/employment fraud. Forensics and recovery costs pile up fast while operations get disrupted for weeks investigating the breach.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Clearly Payments

DECEMBER 19, 2024

Common types include card-not-present fraud, phishing attacks, and identity theft. Fraudulent Transactions Reach $41 Billion Globally Payment fraud is a growing concern, with global losses expected to hit $41 billion in 2024. What It Means for You: Work with a payment processor that prioritizes security.

BNPL 105

BNPL Contactless Payments Processors Payments 105

Finezza

DECEMBER 10, 2023

As identity theft remains a constant concern, virtual card numbers provide a secure alternative for online transactions, offering peace of mind while simplifying payments. According to Juniper research, virtual card transactions are projected to reach 175 billion by 2028.

Credit Cards 98

Credit Cards Identity Theft Research Transactions 98

Finezza

MARCH 4, 2024

To keep up with the pace, lenders are seeking cutting-edge solutions to help deal with modern challenges, such as identity thefts, while ensuring seamless user experiences. The rapid transformation of the financial sector demands innovative digital solutions. Virtual credit cards (VCCs) have emerged as a transformative tool.

Credit Cards 98

Credit Cards Identity Theft On-Demand Innovation 98

Payments Source

MAY 1, 2020

Adam Levin addresses the threats of cyber fraud and identity theft and what you can do to protect your customers' privacy and credit security.

Identity Theft 77

Identity Theft Data Breach Breach Privacy 77

The Fintech Times

JANUARY 21, 2025

Finally, Equifax reported credit information that it should have blocked because the information resulted from identity theft. The post CFPB Slaps Equifax With $15Million Fine for Mishandling Consumer Credit Disputes appeared first on The Fintech Times.

Disputes 59

Disputes CFPB Consumer Financial Protection Bureau (CFPB) Consumer 59

Basis Theory

DECEMBER 12, 2023

It also brings some significant challenges to both, including the friction of extra steps in the payment process, the sometimes-confusing user experience, and the risk of unanticipated fraud through identity theft in the initial 3DS registration (particularly the activation-while-shopping, or AWS step).

Identity Theft 100

Identity Theft Consumer Credit Cards Acquirers 100

Fi911

AUGUST 15, 2023

The post Scammers Leveraging ChatGPT to Commit Identity Theft: Is Better Data the Solution? However, financial institutions can leverage a blend of technology, well-devised strategies, and robust security measures. Doing this will ensure that they protect their businesses and customers against these threats.

Identity Theft 52

Identity Theft AI Bots Authentication 52

Fintech News

DECEMBER 17, 2024

Revoluts move comes as crypto fraud, including phishing attacks and identity theft, becomes more sophisticated. Additional security measures, like brief interactions with customer service for high-risk transactions, ensure a balance between safety and user convenience.

Transactions 110

Transactions Identity Theft Security Phishing 110

Finovate

OCTOBER 29, 2024

HelloPrivacy monitors and removes personally identifiable information (PII) from the web to help defend against identity theft, robocalls, and other privacy risks. Most recently demoing its technology at FinovateSpring 2023 , Array introduced its HelloPrivacy and Subscription Manager solutions.

Acquirers 105

Acquirers Consumer Payment APIs and Integration Privacy 105

Fintech News

JULY 16, 2024

In the past year, identity checks have become more frequent, with 53% of respondents noticing more checks when logging into bank accounts and 48% during online purchases. This increase in identity checks by Singapore banks is a direct response to the significant issue of identity theft in the country.

Identity Theft 110

Identity Theft Online and Mobile Banking Checks Compromise 110

FICO

NOVEMBER 24, 2020

Payment card fraud, identity theft , account takeover and digital payment fraud have all increased significantly since March 2020. With that in mind, there are actions you can take right now to protect yourself from fraud and identity theft. This will also freeze all of the accounts associated with your identity.

Identity Theft 98

Identity Theft Scams Online and Mobile Banking Account Takeovers 98

The Paypers

FEBRUARY 23, 2024

Telecommunications operators Cell C , MTN , and Telkom have welcomed the launch of two universal APIs available in South Arica that combat fraud and digital identity theft.

Identity Theft 78

Identity Theft API 78

Fintech News

JULY 10, 2024

By partnering with local resellers, Sumsub aims to provide robust verification solutions to businesses in these key markets, helping them meet compliance standards and combat fraud and identity theft effectively. Sumsub established its first APAC headquarters in Singapore in July 2023.

Identity Theft 107

Identity Theft APACS Deepfake Money Laundering 107

PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. There were 223,163 cases of identity theft that year across all generations, with 42 percent of them consisting of bank and credit card fraud.

Identity Theft 83

Identity Theft Financial Crimes Technology Crime 83

The Paypers

OCTOBER 20, 2023

Australia-based fintech has Data Zoo expanded to the North American Market by leveraging a US patent to deliver digital identity solutions for banks and prevents identity theft.

Identity Theft 73

Identity Theft FinTech 73

PYMNTS

APRIL 9, 2019

Operators of the marketplace sell the data to cybercriminals who use it for identity theft, online fraud, and other crimes. The report noted users who had been hit with malware or installed a bad browser extension had their account passwords and browser details copied and then sent to the operators of the marketplace.

Identity Theft 94

Identity Theft Crime Security Research 94

Payments Dive

OCTOBER 22, 2020

And fraudsters buy this data to commit synthetic identity theft. Data breaches are a common phenomenon not unique to the US - companies around the world face similar challenges. Personal information exposed from data breaches often winds up for sale on dark web marketplaces.

APACS 76

APACS Identity Theft Data Breach Breach 76

Fintech Review

APRIL 20, 2025

It covers the tools, platforms, and strategies that defend against data breaches, fraud, identity theft, and financial disruption. This is where cybertech comes in, the application of advanced cybersecurity technologies to protect digital finance. Cybertech sits at the intersection of cybersecurity and fintech. What Is Cybertech?

Finance 52

Finance Security Fraud Detection Encryption 52

PYMNTS

APRIL 12, 2020

With governments imposing lockdowns to contain the virus, hackers have been known to pose as banks or other legitimate institutions to try to glean access to people’s private information to use for nefarious means, such as identity theft. Italian law enforcement officials said the country has seen a rise in this kind of activity.

Data Breach 122

Data Breach Breach Identity Theft Law Enforcement 122

Segpay

NOVEMBER 26, 2024

The Importance of Reliable Digital Identity Verification In a digital world, ID verification is a trust-building mechanism that protects both the user and the organization. Additionally, emerging technologies such as blockchain are being integrated into digital identity verification processes to further secure online transactions.

Verification 111

Verification Identity Theft Money Laundering Due Diligence 111

Payments Source

APRIL 11, 2019

Tax-related identity theft can be especially worrisome, not only for the monetary consequences it carries, but tax documents often contain highly sensitive information, like Social Security numbers, writes Paige Schaffer, president and COO of Generali Global Assistance’s Identity and Digital Protection Services Global Unit.

Identity Theft 69

Identity Theft Security Social Security Innovation 69