Fraud Prevention

Panini Debuts ID Verification Tool BioCred
Panini Debuts ID Verification Tool BioCred
December 05, 2022  |  Identity

Fraud prevention company Panini has debuted BioCred, its identity verification product. Unveiled Monday (Dec. 5) at the Future Branches conference in Austin, BioCred is designed...

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Monetization and Real-Time Payments Define EU Open Banking API Innovation
Monetization and Real-Time Payments Define EU Open Banking API Innovation
December 02, 2022  |  API

Bank APIs are the foundation of European open banking. Since the EU’s second payment services directive (PSD2) came into force, regional banks have created application...

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FIs Need More Than Refunds to Address Zelle Scams
FIs Need More Than Refunds to Address Zelle Scams
November 29, 2022  |  Digital-First Banking

For banks, reimbursing victims of Zelle-related fraud is only a partial solution.  It’s a retroactive redress. But to really address the issue, financial institutions (FIs) will...

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Calls For Regulation Intensify as UK Crypto Scams Jump 45%
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
November 23, 2022  |  Security & Fraud

From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric...

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NMI, Kount Team on ISV and Merchant Fraud Prevention
NMI, Kount Team on ISV and Merchant Fraud Prevention
November 21, 2022  |  Security & Fraud

Payments platform NMI is collaborating with digital identity firm Kount, an Equifax company, to provide independent software vendors, independent sales organizations and merchant partners with...

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Rising Deposit Fraud Disrupts FinTechs’ Customer Experience and Vibe 
Rising Deposit Fraud Disrupts FinTechs’ Customer Experience and Vibe 
November 18, 2022  |  Security & Fraud

Fraud is top of mind in tech — especially in payments — and not just because of the collapse of crypto trading firm FTX. FinTechs...

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FinTech Execs Expose the Real Costs of Fraud
FinTech Execs Expose the Real Costs of Fraud
November 18, 2022  |  Money Mobility

The average U.S. FinTech loses $51 million to fraud every year, and many lose even more. Even so, that figure only begins to capture the...

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All Merchants Want This Holiday Season Is a Lower Cost of Returns 
All Merchants Want This Holiday Season Is a Lower Cost of Returns 
November 17, 2022  |  Retail

With this year’s holiday season just around the corner, stores and brands are bracing themselves for a deluge of sales and returns — hoping to...

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FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
FIs Embrace Biometric Payment Cards To Improve Security, Enhance User Experience
November 16, 2022  |  Security & Fraud

Last month, biometric payment cards that incorporate fingerprint scanners received a significant boost thanks to the publication of new specifications by EMVCo, the global card standards-setting body...

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