When the text message came in, Kim Dow's heart sank. "Hi," it read. "Did you just make this purchase with your REI Co-op Mastercard?" The message went on to share the last four digits of Dow's card ...

Payment disbursements are a critical component of modern commerce, but they also present a significant challenge: how to prevent fraud. Prateek Mehta, a payments expert and product manager at ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Matt Swann The rise of ...

What’s driving the rise in digital fraud? The global payments landscape appears more dynamic and complex than ever before. As e-commerce spending accelerates toward an estimated $8.1 trillion by 2028, ...

As criminal organizations expand their use of information technology, the frequency of global financial fraud rises to historic levels each year, posing significant challenges for governments and the ...

Socure, an AI platform for digital identity verification and fraud prevention, announced early Wednesday the launch of Hosted Flows, fraud-detection technology that enables users to build, customize, ...

In the fast-moving digital landscape, where gig workers expect instant payouts and companies handle millions of microtransactions daily, the need for robust real-time fraud detection has never been ...

Imagine you’re at a coffee shop, tapping your card to grab a latte, or a small business owner in Ohio swiping to pay a supplier. These moments seem simple, but they’re powered by a vast digital ...

In August, German banks froze over €10 billion in PayPal payments due to suspected fraud, a disruption that underscored the scale of growing financial security concerns. If even long-standing, trusted ...

Mastercard is using AI to help detect and prevent credit card fraud. The company says the tech can flag unusual patterns and block fraudulent transactions. This article is part of "AI in Action," a ...