#payment security
8 stories
Banks Rethink Identity Checks as AI Fakes Voices and Faces
Banks face new identity fraud risks as AI creates realistic voices and faces.
Pymnts · 1m
119,000 fake shops steal credit card details
AI-powered fake shops mimic brands to steal payment info.
Fox News · 1m
Banks Warn Consumers Doubt AI Agents' Loyalty
Global banks warn shoppers distrust AI agents handling payments due to fraud risks and unclear accountability.
Pymnts · 1m
Digital wallets face new security rules
As digital wallets scale up, AI-powered fraud and weak onboarding processes are forcing companies to rethink consumer protection.
Pymnts · 1m
Outdated payment tech fuels welfare fraud epidemic
Romanian crime gangs exploit 1960s magnetic stripe technology to steal hundreds of millions from government benefit systems.
Pymnts · 1m
When fraud becomes the customer
AI is helping criminals impersonate real people so convincingly that banks need to rethink how they verify identity.
Pymnts · 3m
AI is building fake identities that pass every check
Criminals use artificial intelligence to create convincing false identities, leaving banks to question whether customers even exist.
Pymnts · 1m
Why your phone is the safer wallet
Biometrics, tokenization and remote wipe make a digital wallet harder to rob than the leather one in your pocket.
Engadget · 1m