Fraud Prevention

Tokenized Credentials Accelerate Fraud Reduction and Get Higher Approval Rates
Tokenized Credentials Accelerate Fraud Reduction and Get Higher Approval Rates
March 11, 2024  |  Credit Cards

The holy grail of payments — for merchants, for consumers and financial institutions — has two essentials: Reduced friction, and reduced fraud. Individuals want to...

READ MORE >
eCommerce Merchants Fail to Connect Failed Payments and Fraud
eCommerce Merchants Fail to Connect Failed Payments and Fraud
March 08, 2024  |  Fraud Prevention

Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants...

READ MORE >
Strong Authentication Fosters Trust Among Open Banking Users
Strong Authentication Fosters Trust Among Open Banking Users
March 07, 2024  |  Fraud Prevention

The payments journey, and landscape, is an ever evolving one, but one thing is certain: fraudsters will try to exploit any vulnerability they can to...

READ MORE >
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
March 07, 2024  |  Faster Payments

Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two...

READ MORE >
2024’s Top Trends CFOs Need to Know
2024’s Top Trends CFOs Need to Know
March 06, 2024  |  CFO

If you don’t know what’s coming, you can’t prepare for it.  And, as the old adage goes, a failure to prepare is preparing to fail. ...

READ MORE >
Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
March 06, 2024  |  Money Mobility

Peer-to-peer (P2P) payments have grown increasingly popular in the past several years. This is especially true for younger consumers, who prefer a digital-first payment experience....

READ MORE >
HealthLock and Mastercard Team to Prevent Medical Fraud
HealthLock and Mastercard Team to Prevent Medical Fraud
March 05, 2024  |  Partnerships

Medical fraud and overbilling prevention solution HealthLock has expanded its year-old partnership with Mastercard. Beginning April 1, the HealthLock platform will be available to commercial, small business and...

READ MORE >
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
March 04, 2024  |  Security & Fraud

Behavioral fraud and social engineering scams are getting more dangerous for businesses. Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, social...

READ MORE >
Equifax Unveils Fraud Prevention KYB Tool
Equifax Unveils Fraud Prevention KYB Tool
February 28, 2024  |  Fraud Prevention

Equifax is rolling out a know your business (KYB) solution to help U.S. lenders and businesses make more informed decisions about onboarding new accounts or vendors. ...

READ MORE >