Ransomware Payments Dwindle as Governments Fight Back
While ransomware remains a billion-dollar problem, total payments actually declined between 2023 and 2024, according to a data from the Financial Crimes Enforcement Network (FinCEN). The Financial Trend Analysis shows that ransomware incidents dipped slightly in 2024 to 1,476 individual reports, with total payments amounting to $734 million. That’s down from the 1,512 reported attacks […]
Mastercard Links with Tencent for Cross-Border Remittances in China
As consumers move abroad, many still need reliable ways to send money back home. To this end, an integration between Mastercard Move and Tencent’s cross-border payments solution marks a significant step for those sending remittances to China. The partnership will enable digital remittances to Weixin Pay, the mobile payment platform within China’s Weixin ecosystem. This […]
Keeping Up with the Most Dangerous Fraud Trends of 2026
As technology becomes increasingly sophisticated, so do the scams criminals use to prey on unwitting victims. The new 2026 Fraud Management Trends report from Javelin Strategy & Research focuses on three schemes to watch for in the coming year and beyond. The schemes involve money mules, agentic bots, and phantom hackers. Suzanne Sando, Javelin’s Lead […]