Fraud Prevention

Tompkins Financial On Approaching Cybersecurity In The Remote Working World
Tompkins Financial On Approaching Cybersecurity In The Remote Working World
May 31, 2021  |  Fraud Prevention

More employees are taking their work home with them as businesses worldwide pivot toward remote operations. These moves have not been without their challenges, however,...

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Remote Work Challenges FIs To Rethink Data Security
Remote Work Challenges FIs To Rethink Data Security
May 28, 2021  |  Fraud Prevention

The past year saw an explosion in the number of employees working from home, and many are expected to remain there. Seventy-four percent of chief...

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Paysafe On How The Pandemic Changed The Game For AML Teams
Paysafe On How The Pandemic Changed The Game For AML Teams
April 14, 2021  |  AML

The pandemic-driven digital payment surge has kept anti-money laundering (AML) teams on their toes, but many have focused too heavily on money laundering without rooting...

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Report: Real-Time Transaction Analysis Helps Firms Root Out Fraud, Money Laundering
Report: Real-Time Transaction Analysis Helps Firms Root Out Fraud, Money Laundering
April 13, 2021  |  AML

The mass manufacture and distribution of vaccines means the pandemic will eventually come to a close, but its effects on the payments industry could very...

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Rare Carat On Why Overreliance On AI And ML Is Insufficient Against eCommerce Fraud
Rare Carat On Why Overreliance On AI And ML Is Insufficient Against eCommerce Fraud
March 10, 2021  |  Fraud Prevention

Credit card fraud accounts for more than $27 billion in annual losses, posing an especially grave threat to merchants selling high-value items like diamond rings....

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Rare Carat Uses AI to Polish Off Credit Card Fraud
Rare Carat Uses AI to Polish Off Credit Card Fraud
March 09, 2021  |  Fraud Prevention

eCommerce has witnessed a surge in popularity during the pandemic as shoppers purchase goods from the safety of their homes instead of setting foot in...

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AI: The Glue That Binds FIs’ Fraud Prevention Systems
AI: The Glue That Binds FIs’ Fraud Prevention Systems
February 19, 2021  |  Fraud Prevention

Digital fraud has been on the upswing as the global health crisis continues, with losses due to pandemic-related scams like fraudulent Paycheck Protection Program (PPP)...

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People’s United Bank On How ML And Rules-Based Analysis Work In Tandem For Fraud Prevention
People’s United Bank On How ML And Rules-Based Analysis Work In Tandem For Fraud Prevention
December 30, 2020  |  Next-Gen Debit

Eighty-six percent of consumers shopping online are targets of debit-card schemes and other forms of fraud, and these growing threats are pushing banks to rethink...

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Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding
Deep Dive: Why Video-Based KYC Is Key To Seamless, Cost-Effective FI Onboarding
December 10, 2020  |  Authentication

The need for financial services providers to properly verify potential customersʼ identities took center stage in 2012 — the year HSBC, Europeʼs largest bank, was...

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