Fraud Prevention

Businesses Must Take Proactive Stance in Fighting Financial Crime
Businesses Must Take Proactive Stance in Fighting Financial Crime
December 28, 2021  |  Security & Fraud

As we all settle into our digital lives, the internet has become not only our workplace but also where we learn, shop and socialize. It...

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Remittance Platforms Tap Behavioral Analytics to Reduce Fraud, False Positives
Remittance Platforms Tap Behavioral Analytics to Reduce Fraud, False Positives
December 27, 2021  |  Authentication

Onboarding sets the stage for the rest of the customer experience, regardless of industry — one recent report found nearly two-thirds of consumers think about...

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Why the Wisdom of the Online Crowd is Key to Fighting BNPL Fraud
Why the Wisdom of the Online Crowd is Key to Fighting BNPL Fraud
December 21, 2021  |  Security & Fraud

Buy now, pay later (BNPL) has gone global, empowering people to set up their payments on a predetermined schedule. It gives people more control over...

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Upgrade on Taking a Data-Centric Approach to Meeting AML/KYC Requirements
Upgrade on Taking a Data-Centric Approach to Meeting AML/KYC Requirements
December 16, 2021  |  AML

More digital banking services mean more of an opportunity for identity theft. In the AML/KYC Tracker, Tom Curran, chief risk and compliance officer at Upgrade,...

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Data Privacy Concerns Rising in Tandem With Rapid Uptake of Data Aggregators
Data Privacy Concerns Rising in Tandem With Rapid Uptake of Data Aggregators
December 15, 2021  |  Security & Fraud

No surprise: In the great digital shift, many consumers have turned to third-party apps to access their financial data. Yet those consumers are less than...

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ID Verification Helps Food Aggregators Reduce Friendly Fraud
ID Verification Helps Food Aggregators Reduce Friendly Fraud
December 13, 2021  |  Authentication

With the rapid rise of food delivery services has come the concurrent rise of food delivery fraud. In fact, as noted in the October Digital...

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Work-From-Home Trend Raises Stakes in Fight Against Business Email Fraud
Work-From-Home Trend Raises Stakes in Fight Against Business Email Fraud
December 01, 2021  |  Security & Fraud

The pivot toward work-from-home environments has opened up new vulnerabilities that allow fraudsters to target B2B payments. Nithai Barzam, chief operating officer of nsKnox, a...

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New User Authentication System Sets Stage for a Passwordless Future
New User Authentication System Sets Stage for a Passwordless Future
November 30, 2021  |  Authentication

With the longstanding 3D Secure (3DS) version 1 being readied for retirement in October 2022, financial institutions (FIs) and merchants are preparing for a streamlined...

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Voice Tech Holds Key to Unlocking Biometric Security’s Full Potential
Voice Tech Holds Key to Unlocking Biometric Security’s Full Potential
November 30, 2021  |  Biometrics

Speech is powerful — signaling intent, signaling what we need and want. And speech, in the service of commerce, can be powerful, too. Collin Davis,...

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