ATM manufacturers Diebold and Wincor Nixdorf are laying the groundwork for a new industry group focused on thwarting ATM crime. While experts say the time is right for a group like this, it will need industrywide buy-in to be successful.
The widespread use of mobile devices and social media has fueled spear phishing by eroding the so-called perimeter that once shielded corporate networks, a panel of financial fraud experts says in part two of their discussion about spear phishing trends.
Visa's new intelligent analytics service aims to help gas stations reduce card. But experts say the service could reduce fraud for other merchants, too, and bridge the gap between the mag-stripe and EMV.
Identity fraud is one of consumers' most feared crimes, and at banks those schemes translate into application fraud. FICO's Adam Davies discusses today's common application fraud scams and how to stop them.
A Florida man has pleaded guilty for a credit card fraud scheme that resulted in losses of more than $23 million. Fraud analysts say pinpointing the sources of the compromised cards could be difficult.