Fraud Prevention

Fraud Prevention
AWS and Mastercard Lead Industry Coalition to Fight Economic Crime
September 02, 2024

The Centre for Finance, Innovation and Technology (CFIT) has formed an anti-financial crime group. 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...

Fraud Prevention
Account Onboarding Gets Its AI Makeover
August 20, 2024

Here’s the thing about fraud: You don’t want to have to calculate the ROI of fraud when it’s too late. Because the flip side can be treacherous. Unfortunately, the prevailing mindset of banks and other companies may be that they don’t have the resources to...

Fraud Prevention
77% of Consumers Expect Banks to Use AI to Fight Fraud
August 12, 2024

Real-time payments, known for their speed and immediacy, have faced adoption hurdles primarily due to perceptions about security. As financial institutions (FIs) and payments providers grapple with balancing rapid transaction processing with stringent security measures, artificial intelligence (AI) emerges as a crucial tool in overcoming...

Fraud Prevention
Report: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
August 07, 2024

The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fraud Prevention
Featurespace and OrboGraph Team to Combat Check Fraud
July 23, 2024

Financial crime prevention firm Featurespace has launched a partnership with fraud detection software maker OrboGraph. 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,...

Fraud Prevention
Galileo Launches 3D Secure Product to Guard Against Credit Card Fraud
July 23, 2024

Galileo Financial Technologies now offers 3D Secure to help clients protect against card-not-present (CNP) debit and credit card fraud. 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...

Fraud Prevention
Scammers Try to Crash the Gates for Summer’s Hottest Events
July 22, 2024

Stadiums and venues across the globe are filling up this summer. 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...

Fraud Prevention
FiVerity Unveils Risk Management and Fraud Prevention Platform
June 25, 2024

Identity verification and fraud prevention firm FiVerity is launching its Identity Trust Management platform. 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...

Fraud Prevention
What Small Businesses Need to Know About Fighting First-Party Fraud
June 25, 2024

The opportunities have never been greater, and the challenges more challenging, for America’s small businesses. 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,...