Fraud is becoming more sophisticated and increasingly difficult to distinguish from legitimate customer activity. Criminals are combining stolen information, synthetic identities, social engineering, artificial intelligence (AI), and automation to bypass traditional fraud controls and make fraudulent activity appear increasingly authentic. A recent FinAi News analysis identified four threats financial institutions should pay particular attention to: […]

Handheld payment terminals have become commonplace at restaurants. They are fast, convenient, and offer an important security advantage: instead of handing your card to someone who takes it out of sight, you can keep it in your possession throughout the transaction. Although these devices are generally a secure way to pay, no payment method is […]