Fraud Prevention

Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
Manual Payments, Maximum Risk: How AP/AR Automation Beefs Up Security
October 01, 2024  |  B2B Payments

Old-school manual B2B payments, particularly checks, are sitting ducks for fraudsters. Many organizations, particularly those in industries with long-established practices or fragmented environments, like construction,...

READ MORE >
Visa’s Tink Debuts Merchant Information for Greater Transaction Visibility
Visa’s Tink Debuts Merchant Information for Greater Transaction Visibility
October 01, 2024  |  VISA

Visa-owned open banking platform Tink wants to give consumers a better view of transactions. The company on Tuesday (Oct. 1) launched “Merchant Information,” a solution...

READ MORE >
3 Reasons B2B Payments Data Is So Valuable
3 Reasons B2B Payments Data Is So Valuable
September 30, 2024  |  B2B Payments

In a digital-first B2B landscape, data is more than just numbers — it’s a secret weapon. And the secret is out: for businesses looking to...

READ MORE >
Making Sense of How Point-to-Point Encryption Protects Payment Data
Making Sense of How Point-to-Point Encryption Protects Payment Data
September 27, 2024  |  Cybersecurity

The payments landscape has transformed more in the past five years than the prior 50. And driving that change is a host of emerging behavioral...

READ MORE >
Visa Buys Featurespace to Add AI-Based Real-Time Fraud Defense
Visa Buys Featurespace to Add AI-Based Real-Time Fraud Defense
September 26, 2024  |  Acquisitions

Visa says it is acquiring payments protection technology firm Featurespace to boost its anti-fraud capabilities. “Since its inception out of Cambridge University’s engineering department, Featurespace has developed innovative...

READ MORE >
Mastercard Taps AI to Tackle UK APP Fraud Epidemic
Mastercard Taps AI to Tackle UK APP Fraud Epidemic
September 24, 2024  |  Fraud Prevention

Mastercard has introduced what it says are new protections against real-time payment scams. The update to the company’s Consumer Fraud Risk (CFR) solution, announced Tuesday (Sept. 24), uses...

READ MORE >
Mastercard Focuses Data Initiative on Business and Customer Intelligence
Mastercard Focuses Data Initiative on Business and Customer Intelligence
September 19, 2024  |  Digital Payments

One of the more reasonant insights from the PYMNTS Intelligence “How The World Does Digital” report can be found in the differences between the countries...

READ MORE >
FICO and Jersey Telecom Team to Combat APP Fraud 
FICO and Jersey Telecom Team to Combat APP Fraud 
September 18, 2024  |  Fraud Prevention

FICO is working with Jersey Telecom (JT) to push back against authorized push payment fraud. The analytics software company said Wednesday (Sept. 18) it has collaborated with the...

READ MORE >
Invoice Invasion: Defending the Finance Department From Hidden Fraud Risks
Invoice Invasion: Defending the Finance Department From Hidden Fraud Risks
September 17, 2024  |  Security & Fraud

Businesses can’t grow without getting paid, and businesses won’t get paid without an invoice. But fraudsters have taken notice, capitalizing on the fact that the...

READ MORE >