"People really need to wake up to the reality that data breaches are the new norm," Samid said. "There's no technological substitute for carefully reviewing your debit and credit card statements regularly." Consumers might not be faulted for wondering if fighting fraud is a losing proposition,...
Falling victim to identity theft and fraud can be unpleasant enough, but getting your money back can be a real headache. While banks, current account providers and other financial institutions have systems in place to sort out rogue transactions, the process is not always straightforward, as the...
Fight against fraud: CSCS strikes back In recent years, CSCS has moved to a new regime of issuing cards that represent a genuine qualification. While that is leading to a better-qualified workforce, it also means that the cards are more valuable -and with that comes a new cha... A Brans...
Learn the types of financial fraud every business should be aware of and the 8 strategies accounting teams should implement to fight financial fraud in 2024.
Card testing fraud is when someone gains access to one or more stolen credit card numbers, through theft or by purchasing card data on the dark web. Even though they have the credit card numbers, they do not know (1) whether the card numbers can be used to successfully complete a transac...
As technology develops, more and more people are suffering from telecom fraud. Here are some tips to help you deal with telecom fraud. First of all, you should never give out your personal information, such as your bank account number, credit card number or social security number, to ...
Knowing what to watch out for can help keep your money and your data safe. Here are six common credit card scams you should know about.
Financial fraud methods are becoming more sophisticated and the techniques to combat such attacks also need to evolve. Big data has brought with it novel fraud detection and prevention techniques such as behavioral analysis and real-time detection to giv
Once you’re in a fraud monitoring program, you’re also at risk of being banned by their credit card acquirer or added to a blacklist. Once banned, it can be extremely difficult, if not impossible, to find a replacement. Credit card acquirers that do work with “high risk” merchants ...
Claer Barrett and guests discuss whether banks are doing enough to help their customers in the fight against fraud. Other topics in this week's show include the oil price and whether it could surpass $100 a barrel, and we hear from the man behind a new tool to help consumers win compensa...