Fraud Prevention

South Korea Is an eCommerce Eden for Those Fluent in Local Payments
South Korea Is an eCommerce Eden for Those Fluent in Local Payments
July 21, 2022  |  eCommerce

Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization....

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Study Finds Half of Retailers Turned Away New Business Customers Over KYB
Study Finds Half of Retailers Turned Away New Business Customers Over KYB
July 20, 2022  |  Fraud Prevention

Proving and authenticating an organization’s digital identity is one of the biggest struggles for companies mitigating business-to-business (B2B) payments fraud. PYMNTS’ data finds that nearly...

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PYMNTS Intelligence: Protecting Against Promotion Abuse and Other Forms of First-Party Fraud
PYMNTS Intelligence: Protecting Against Promotion Abuse and Other Forms of First-Party Fraud
July 19, 2022  |  Fraud Prevention

Digital fraudsters’ popular image is that of a shadowy cabal of hackers, either leveraging sophisticated algorithms to break into corporate systems or tricking individual consumers...

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Merchants Walk Fine Line Policing $90B of Promotions Abuse
Merchants Walk Fine Line Policing $90B of Promotions Abuse
July 15, 2022  |  Fraud Prevention

There is a proliferation of individuals who abuse chargebacks, promotions, returns or merchant and financial services firms’ policies to get free merchandise or payouts, often...

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300 Merchants Share Best Practices on Resolving Costly Credit Card Disputes
300 Merchants Share Best Practices on Resolving Costly Credit Card Disputes
July 14, 2022  |  Fraud Prevention

Credit card transaction volume during the past two years has presented something of a model of the rest of the economy since the pandemic began...

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PYMNTS Intelligence: Fighting Fraud While Ensuring Money Mobility
PYMNTS Intelligence: Fighting Fraud While Ensuring Money Mobility
July 08, 2022  |  Disbursements

Maximizing money mobility is the goal in today’s digital-first economy, but digital banking’s vulnerability to bad actors has made fraud a pervasive threat to this...

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Biometrics, Digital Identity Help Online Banks Push the Limits on Money Mobility
Biometrics, Digital Identity Help Online Banks Push the Limits on Money Mobility
July 06, 2022  |  Disbursements

Where consumers once had to wait for payments to post, they now expect their money to move instantly between accounts. Maximum money mobility is the...

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PYMNTS Intelligence: Combining Pre-Submit and Post-Submit Data to Stop Digital Fraud
PYMNTS Intelligence: Combining Pre-Submit and Post-Submit Data to Stop Digital Fraud
July 04, 2022  |  Authentication

Identity fraud is a growing problem in the United States. Losses due to identity fraud were up 79% year over year in 2021 to a...

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Payrailz and Jack Henry & Associates on the Importance of Placing Real-Time Payments Within Reach of More FIs
Payrailz and Jack Henry & Associates on the Importance of Placing Real-Time Payments Within Reach...
July 04, 2022  |  Faster Payments

For the latest edition of "The Real-Time Payments Tracker," PYMNTS brought in executives from Payrailz and Jack Henry & Assoc. to learn how third-party organizations...

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