Fraud Prevention

Mission Lane on Preventing Financial Fraud in a Connected Age
Mission Lane on Preventing Financial Fraud in a Connected Age
May 09, 2022  |  Fraud Prevention

Although consumers are increasingly using an array of connected devices to conduct financial transactions, they're doing so with the expectation that banks and FIs will...

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PYMNTS Intelligence: How eCommerce Marketplaces Can Leverage Digital Identity Protocols to Prevent Fraud
PYMNTS Intelligence: How eCommerce Marketplaces Can Leverage Digital Identity Protocols to Prevent Fraud
May 09, 2022  |  eCommerce

Online retail fraud is a quickly growing problem, with bad actors attempting to steal customers’ data, corporate funds and goods on a daily basis. A...

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FinCEN Looks to Turn Tech Sprint Proposals Into Regulatory Actions
FinCEN Looks to Turn Tech Sprint Proposals Into Regulatory Actions
May 06, 2022  |  Regulation

For a few weeks in April, experts in digital identity from banks, vendors, FinTech, law firms and regulators worked in the Digital Identity Tech Spring to...

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How Banks Are Pulling the Plug on Financial Fraud in a Connected Age
How Banks Are Pulling the Plug on Financial Fraud in a Connected Age
May 06, 2022  |  Fraud Prevention

The pandemic not only accelerated the digital transformation of banking and payments, but it also solidified consumer demand for the Internet of Things (IoT). Consumers...

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Big Data, Machine Learning Battle Online Payments Fraud as Criminals Target BNPL
Big Data, Machine Learning Battle Online Payments Fraud as Criminals Target BNPL
May 05, 2022  |  Security & Fraud

Most consumers don’t think about eCommerce fraud. Until they become victims. Eric Christensen, chief payments officer/vice president of product at Digital River, told PYMNTS that...

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How Online Retailer Jane Is Keeping Fraud Out of Fast Fashion
How Online Retailer Jane Is Keeping Fraud Out of Fast Fashion
May 05, 2022  |  eCommerce

Over the last decade, online retail, also known as eCommerce, has exploded in popularity and received a considerable boost in the past two years due...

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Fear and the Unknown Are Slowing B2B Growth
Fear and the Unknown Are Slowing B2B Growth
May 03, 2022  |  B2B Payments

A recent proliferation of fraud in the business-to-business (B2B) space has resulted in tangible negative outcomes for many companies, hindering their B2B business development.  In...

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Augmented Analytics Helps Banks Weed Out Fraudsters and Reduce False Positives
Augmented Analytics Helps Banks Weed Out Fraudsters and Reduce False Positives
May 03, 2022  |  Security & Fraud

The fraudsters get sophisticated, and the schemes get faster and evolve with a fluidity that’s breathtaking.  Need proof? In the last year, $50 billion was...

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FDIC’s New Cybersecurity Rule Kicks Off May 1
FDIC’s New Cybersecurity Rule Kicks Off May 1
April 29, 2022  |  Security & Fraud

Starting May 1, FDIC-supervised banking organizations will need to comply with new reporting rules regarding cyber security incidents.  In November, the Federal Deposit Insurance Corporation...

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