Fraud Prevention

Featurespace Patents Show Role Of Neural Networks In Finding Transaction Anomalies In Real Time
Featurespace Patents Show Role Of Neural Networks In Finding Transaction Anomalies In Real Time
July 12, 2021  |  Security & Fraud

The window financial institutions (FIs) have to determine “good” customers from “bad” lasts milliseconds. As fraudsters steal their unwitting victims’ online identities, intercept SMS messages,...

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Mastercard’s Gerber: Innovation Needs Consumer Trust To Advance The Digital Economy
Mastercard’s Gerber: Innovation Needs Consumer Trust To Advance The Digital Economy
July 12, 2021  |  Security & Fraud

“The boat has left the harbor and is in the open seas,” Mastercard Executive Vice President of Security and Cyber Innovation Johan Gerber told PYMNTS’...

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How Intelligent Friction Trips Up The Fraudsters
How Intelligent Friction Trips Up The Fraudsters
July 09, 2021  |  Security & Fraud

“The criminals are always opportunistic.” Featurespace Senior Vice President of Global Product Management Dena Hamilton told PYMNTS that the scams are proliferating and mushrooming across...

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How To Stop Online Fraud: Crush The Fraudsters’ ROI
How To Stop Online Fraud: Crush The Fraudsters’ ROI
July 07, 2021  |  Security & Fraud

There isn’t much good to be said about the motives and mindset of cybercriminals, given that they tend to be focused on fraudulently depriving others...

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FlexPay Names Two Industry Vets To Leadership Team
FlexPay Names Two Industry Vets To Leadership Team
July 06, 2021  |  Personnel

The payments FinTech FlexPay has added two industry veterans to its team, the company announced Tuesday. Steve Arentzoff will join the leadership team at the...

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Report: FBI Says Online Cookies Hold Keys To Preventing Financial Crimes
Report: FBI Says Online Cookies Hold Keys To Preventing Financial Crimes
July 06, 2021  |  Fraud Prevention

More businesses and consumers are conducting their daily tasks and transactions online, meaning offering seamless digital experiences is becoming increasingly important for today’s financial institutions...

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Deep Dive: How Integrating IP Anomaly Detection Tools Can Help Prevent ATOs
Deep Dive: How Integrating IP Anomaly Detection Tools Can Help Prevent ATOs
June 25, 2021  |  Mobile Order Ahead

Mobile order-ahead has soared over the past year as consumers turned to their devices to get their favorite meals and avoid risking exposure. This growth in online ordering has...

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Deep Dive: How Behavioral Analytics Reduces Customer Friction And False Positives In Fraud Detection
Deep Dive: How Behavioral Analytics Reduces Customer Friction And False Positives In Fraud Detection
June 07, 2021  |  Authentication

Fraud prevention is a constant battle for banks, retailers and other businesses. Bad actors are ceaselessly unleashing new schemes that legacy prevention systems struggle to spot, let alone prevent,...

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Deep Dive: Why Automation Is Key To Safeguarding AP Processes From Internal And External Fraud As Remote Work Continues
Deep Dive: Why Automation Is Key To Safeguarding AP Processes From Internal And External Fraud...
June 01, 2021  |  Fraud Prevention

Many companies have taken their operations remote over the past year, and it is becoming clearer as 2021 progresses that a sizable share will keep...

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