Fraud

  • A group of college students walk on a sidewalk on a college campus.
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    Treasury tallies $270M in suspicious financial aid transactions

    The department flagged the potentially fraudulent activity as it seeks to stop criminals from stealing student financial aid payments.

    By • Oct. 22, 2026
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    Treasury taps data to fend off fraud

    The U.S. department has increased its scrutiny of payments using new sources of data in an attempt to stem past ‘pay and chase’ patterns.

    By • Oct. 8, 2026
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    Trendline

    Top 5 stories from Payments Dive

    Dominant card networks, legacy payments processors and young fintechs are all jockeying to keep up with industry innovations and increased competition.

    By Payments Dive staff
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    Finance leaders fight deepfakes

    Corporate finance departments are grappling with AI-enabled fraud, according to the results of a new survey by Early Warning Services’ Certos.

    By Dan Niepow • Oct. 8, 2026
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    Lynne Marek/Payments Dive
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    Payments conferences for 2027

    Real-time payments, stablecoins and AI use cases are expected to be among the hot topics at next year’s industry events.

    By Shefali Kapadia • Oct. 6, 2026
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    AI shopping agents need receipts

    As artificial intelligence assumes a bigger role in commerce and finances, having a clear record of agents’ actions is critical, executives said.

    By • Sept. 30, 2026
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    Q&A

    FIDO wrestles with agentic trust

    The industry consortium and payments players are considering standards for agentic commerce, particularly for verifying identity.

    By • Sept. 25, 2026
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    How digital IDs may battle fraud

    Americans are vulnerable to identification and payment frauds because the U.S. has been slow to adopt digital identification, two Congress members said.

    By • Sept. 23, 2026
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    Scammers fake student identities to siphon aid payments

    The Financial Crimes Enforcement Network is warning payment processors and financial institutions “to be vigilant” of the fraud schemes.

    By Shefali Kapadia • Sept. 17, 2026
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    Processor pays $12M to settle ‘sham’ merchant case

    ISO Humboldt Merchant Services agreed to settle a Federal Trade Commission lawsuit that alleged it processed fraudulent payments.

    By • Sept. 9, 2026
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    Nuvei pays $4.9M to settle FTC case

    The company has agreed to settle a Federal Trade Commission lawsuit that alleged it handled processing for merchants that were engaged in scams.

    By • Sept. 8, 2026
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    Amex’s low fraud rate turns on its closed system

    More access to cardholder and merchant data also gives the card network an edge in fraud detection over its rivals.

    By Peter Lucas • Aug. 25, 2026
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    Teens targeted for scams

    It’s not just the elderly being drawn into fraud. Young people are also increasingly prey for financial crime, according to a Federal Reserve report.

    By • Aug. 20, 2026
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    Visa to buy BioCatch for $2.4B

    The card network giant plans to scoop up the Israeli firm to strengthen its defenses in a fight against fraud fueled by artificial intelligence.

    By • Aug. 3, 2026
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    Mastercard bolsters scam defense

    The card network and rival Visa are each pursuing new rules to induce merchants and their banks to join the fight against fraud.

    By • July 27, 2026
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    5 payments podcasts for a listen

    With summer in full swing, it’s a good time to head to the beach, take a walk or just lounge with an audio update on industry happenings.

    By Peter Lucas • July 22, 2026
  • U.S. flag flies above the Department of Justice building
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    Payments broker gets jail time

    The fraudster, who created sham online marketing companies to bilk consumers and businesses, was sentenced to three years in prison Monday.

    By • July 21, 2026
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    Opinion

    Fraud fight can’t wait on government

    “While we wait for federal roundtable policies to trickle down, merchants are suffering heavily right now,” writes one industry consultant.

    By Eric Cohen • July 10, 2026
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    Cash App triggers $45M settlement

    Block misled consumers about the safety of using the financial app and failed to help users who were fraud victims, 46 states alleged.

    By • July 9, 2026
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    Amazon settles FTC card fraud case

    Regulators allege the digital retail giant created a “Kafkaesque ordeal” for ID theft victims trying to obtain records related to fraudulent transactions.

    By • July 1, 2026
  • World Cup bound soccer fans stream past signs up an escalator and stairs at Penn Station in New York City.
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    World Cup chargebacks coming

    Companies that track fraud related to major events expect the chargebacks for fraudulent World Cup related purchases will arrive soon.

    By • June 29, 2026
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    Nacha’s fraud rules land

    The payments organization’s new push-credit rules force receiving financial institutions to monitor for fraud more closely.

    By Peter Lucas • June 22, 2026
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    Lenders ramp up scam defenses

    Financial institutions are implementing new strategies to detect scams earlier and being more proactive to stop fraudulent payments.

    By Caitlin Mullen • June 18, 2026
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    Q&A

    Payments entrepreneur strikes again

    The former CEO of CardX is pitching a new artificial intelligence tool designed to let merchants automate chargebacks.

    By • June 12, 2026
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    Vorona, Liubomyr. Retrieved from iStock.
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    Sponsored by Sift

    The revenue leak every retail executive is ignoring

    Your fraud system is making revenue decisions, but is anyone measuring the cost?

    By Marc Friend, CEO, Sift • June 8, 2026
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    Fintech Wise probed over AML concerns

    A Belgian prosecutor is looking into “indications of non-compliance,” particularly from “a lack of proper identification of clients and their activities.”

    By Dan Ennis • June 2, 2026