Fraud Prevention

BIS Recommends Built-In Regulatory Framework for DeFi Blockchains
BIS Recommends Built-In Regulatory Framework for DeFi Blockchains
June 02, 2022  |  Blockchain

The Bank for International Settlements (BIS), the so-called central banks’ bank, published a report in May assessing how automated supervision could help regulate and supervise...

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EU Considers Adding Crypto, BNPL in Payment Directive
EU Considers Adding Crypto, BNPL in Payment Directive
June 02, 2022  |  Regulation

The European Commission has launched a public consultation to gather information for its review of the second EU Payment Services Directive (PSD2). The Commission has...

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PYMNTS Intelligence: Leveraging Behavioral Analytics To Counter Identity Fraud
PYMNTS Intelligence: Leveraging Behavioral Analytics To Counter Identity Fraud
June 02, 2022  |  Authentication

The pandemic has altered day-to-day life in countless ways, driving a digital shift in banking, commerce and countless other services. For the first time, eCommerce...

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Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat
Fraud Execs Say ACH and Check Fraud Pose Ongoing FI Threat
June 02, 2022  |  Fraud Prevention

Digital payments are quickly becoming the new normal, but there is still a sizable contingent of consumers that prefer cash or paper checks. A recent...

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Cortex Management on Utilizing Behavioral Analytics to Reduce Customer Frictions and Limit Identity Fraud
Cortex Management on Utilizing Behavioral Analytics to Reduce Customer Frictions and Limit Identity Fraud
June 01, 2022  |  Authentication

In this month’s "Monetizing Digital Intent Tracker," Nitesh Harsh, director of risk portfolios for Cortex Management, tells PYMNTS about the urgent fraud prevention upgrade needed...

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Blockchain in Action: Creating a Private, Unhackable and Trusted Digital Identity
Blockchain in Action: Creating a Private, Unhackable and Trusted Digital Identity
May 31, 2022  |  Blockchain

Most people at least know that blockchain is the technology that bitcoin and other cryptocurrencies are built on, but a digital ledger that timestamps and...

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Legacy Fraud Techniques No Match For Cybercriminals Using ‘Weaponized’ Identity Credentials
Legacy Fraud Techniques No Match For Cybercriminals Using ‘Weaponized’ Identity Credentials
May 31, 2022  |  Authentication

Identity fraud is one of the most pressing cybersecurity threats today, with 2.5 million identities stolen each year and affecting more than 15 million people...

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Regions Bank On Providing Superior And Secure Money-Out Customer Experiences
Regions Bank On Providing Superior And Secure Money-Out Customer Experiences
May 27, 2022  |  Disbursements

How money moves from account to account must be fast, secure, accessible and transparent, says Regions Bank’s Tim Mills in the latest "Money Mobility Tracker."...

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FIs Now See Transparency, Accessibility Key to Money-Out Mobility
FIs Now See Transparency, Accessibility Key to Money-Out Mobility
May 26, 2022  |  Disbursements

Financial services providers face many choices when determining the best way to offer customers money-out mobility, and the temptation to lean too heavily on in-house...

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