Real-time payments, real-time risk. As consumers embrace real-time transactions, financial institutions (FIs) must recalibrate their fraud-fighting strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Without trust, the sharing economy’s growth could slow. And trust in the sector of the sharing economy centered around property rentals is going through some tough times lately. As Airbnb makes major moves, Mike Gramz, executive vice president and chief risk officer at Yapstone, talks...
There are bad days. And then, for corporate treasury professionals, there are really bad days. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Over the last several decades, issuers and card networks have worked hard to educate consumers on a single point: If a fraudster steals their card number (or physical card) and goes on a spending spree, they as customers will not take the financial hit. All...
Businesses from a wide variety of industries must handle troves of data as they continue to crack down on fraud. Making sense of such large volumes of information can be challenging, though, and firms must ensure that their systems are tapping into and analyzing the...
Catching fraudsters can feel like a game of whack-a-mole for marketplaces that must carefully vet both buyers and sellers. The key, says Oisin Hanrahan, CEO of on-demand professional marketplace Handy, is using artificial intelligence (AI) and machine learning tools to predict the probability of bad...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Fraud detection company DataVisor has teamed up with Experian to integrate the company’s “unsupervised machine learning powered transactional risk assessment capabilities” into the Experian CrossCore platform. The move will help detect fraud patterns, the companies said in a press release. Get the Full Story Complete...
While there is little good to be said about criminal fraudsters who plague merchants by stealing credentials to snag goods with absolutely no intention of ever paying for them, they at least have the merit of being a fairly homogeneous group in terms of intention....
