Identity security firm Axiad has raised $25 million in a new funding round. The financing, announced last week, will be used for product development, hiring,...
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns...
Push payments fraud in the U.K. increased in volume last year, while declining in value. That’s according to a report issued Thursday (Aug. 1) by...
The Security Summit has issued a stern warning to tax professionals, urging them to heighten their awareness of indicators of identity theft as part of...
Visa’s investments in artificial intelligence (AI) and other technology reportedly enabled the payments processor to block 80 million fraudulent transactions worth $40 billion in 2023....
Revolut has reportedly denied thousands of British customers reimbursement requests after they were defrauded. This has led many of these consumers to seek help from...
The right customer data, in the right hands, can have a transformative impact on businesses. But in the wrong hands, the same sensitive information can...
The Federal Trade Commission (FTC) has reached settlements with three defendants, banning them from sweepstakes and prize promotions. These settlements resolve a complaint the FTC...
Fraud targeting older Americans’ money or cryptocurrency increased by double-digit percentages in 2023. The number of complaints of elder fraud increased by 14% during the...