News

DOJ's new National Fraud Enforcement Division will mine data to flag fraud before complaints arrive.

A Russian national faces up to 175 years after extradition for a bank account takeover fraud scheme that harvested over...

FTC permanently bars payment processor Humboldt Merchant Services from high-risk merchants after a $12M settlement over shell company fraud.

A dark web marketplace listed 153M+ driver's licenses tied to ID-verification vendor IDScan.net; the FBI's New Orleans office opened an...

Amazon's new Alexa tool lets shoppers verify if a message is genuine; Walmart is separately linking fraud signals to catch...

The FTC fined payment processor Nuvei $4.85M for facilitating merchant fraud, ordering tighter screening of high-risk and telemarketing clients.

Pennsylvania's AG marks two years of its Organized Retail Crime unit as statewide retail theft cases rose 60% since 2020,...

ACI Worldwide is acquiring UK card-switching firm Cranium Ventures to expand its Connetic for Cards orchestration platform.

New PYMNTS research finds 56% of consumers faced a false decline in 90 days, and 42% abandoned their cart. See...

A PYMNTS-Plaid study finds 57% of firms detect payment fraud after settlement, and early detectors cut fraud costs roughly in...