Fraud

December 9, 2015

Banks Beware: Cyber Fraud Abounds this Holiday Season

As shopping gets more digital, so does fraud. The rise in technology at shoppers’ fingertips provides many new channels for scammers to exploit.  Here are 6 […]
December 1, 2015

Should You Use a Signature or Pin With New EMV Chip Cards?

As pressure mounts on card issuers to offer chip-and-PIN cards, why are so many banks clinging to signatures?  Recently, 9 attorneys general sent a letter to the big […]
November 30, 2015

Tips: Avoid Scams This Cyber Monday

Online fraud spikes during the holiday shopping season, as people searching for the perfect gifts take to cyberspace and head to traditional stores armed with their […]
November 23, 2015

Financial Fraud is a Growing Epidemic for Seniors

Seniors lose at least $2.9 billion annually to financial exploitation, and roughly 1 in 5 Americans aged 65 or older have been victimized by financial fraud, […]
November 17, 2015

The Dark Art of Buying Back Stolen Credit Card Data

There are many potential buyers of stolen bank account data, including the banks themselves. But fraudsters are increasingly reluctant to sell their data back to its […]
November 12, 2015

Are Banks Failing to Educate Consumers About EMV?

With the EMV liability shift having just passed, banks and merchants alike are scrambling to comply with the card network-imposed deadline.  According to one recent poll, […]
October 27, 2015

New EMV Credit Cards Causing Problems for Some

Millions of Americans are getting new credit and debit cards with more secure chip technology, and that’s already leading to headaches for companies that rely on […]
October 19, 2015

Banks Plan to Spend More on Tech in 2016

Driven by the need to secure computer systems, develop analytic capabilities and enhance customer-facing platforms, most banks are planning substantial increases in spending across a wide […]
October 14, 2015

Experian Data Breach Affects 15 Million People

A server containing sensitive consumer information at Experian was breached on October 1, with the records of as many as 15 million T-Mobile customers stolen.  There […]