Peer-to-peer transactions"typically accomplished by sending money through a smartphone app"have become ubiquitous. P2P spending is a common way to split checks, repay friends or purchase goods and ...

Research from American Banker finds that bankers are still extremely worried about fraud, but hope that raising budgets for ...

Payment fraud is an increasing and ever-evolving threat, impacting businesses of all sizes. According to the FBI's 2024 Internet Crime Report, business email compromise (BEC) scams led to reported ...

What used to be simple forgery or stolen checks has evolved into coordinated attacks that exploit every weak spot in the claim payment process. From account takeovers and phishing attacks to ...