Fraud Prevention

How Zelle Protects Users Against Scams And Frauds With AI, Analytics
How Zelle Protects Users Against Scams And Frauds With AI, Analytics
October 19, 2020  |  Fraud Prevention

Fraudsters are deploying tactics ranging from impersonating tax officials to selling fake PPE on peer-to-peer (P2P) payment apps amid the COVID-19 pandemic. Fighting these threats...

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Report: Overcoming ID Fraud’s Technology Blind Spots
Report: Overcoming ID Fraud’s Technology Blind Spots
September 23, 2020  |  Fraud Prevention

Financial crime is a pervasive threat to banks, credit unions, FinTechs and other financial institutions (FIs) the world over. A recent study from PwC found...

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Deep Dive: How AI Helps FIs Fight False Chargebacks
Deep Dive: How AI Helps FIs Fight False Chargebacks
September 14, 2020  |  Fraud Prevention

Criminals are not the only security threats financial institutions (FIs) and their merchant clients face — these entities often need to defend themselves against consumers...

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Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
Report: How Card Issuers Sort Fact From Fiction In Customer Chargeback Claims
September 10, 2020  |  Fraud Prevention

Card-not-present (CNP) transactions are rising as consumers lean heavily on digital channels to meet their needs during the ongoing pandemic. Fraudsters are eager to steal...

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ING On The Use Of AI And ML In Financial Crime Prevention
ING On The Use Of AI And ML In Financial Crime Prevention
August 31, 2020  |  Fraud Prevention

Fraudsters aren't just posing a threat to retail banking, but are now also targeting corporate accounts with large scale schemes that combine phishing and malware...

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Report: How ING Group Is Using AI To Fight Financial Crime
Report: How ING Group Is Using AI To Fight Financial Crime
August 28, 2020  |  Fraud Prevention

Banks, credit unions and other financial institutions (FIs) were forced to stop more than $25 billion in fraud attempts in 2018 alone, but such efforts...

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Kount Offers Anti-Fraud Product Aimed At Insurance Industry
Kount Offers Anti-Fraud Product Aimed At Insurance Industry
August 11, 2020  |  Security & Fraud

Idaho-based Kount has released a new product aimed at preventing insurance fraud as the industry increasingly turns to digital, and even mobile, setups. In a...

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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
August 07, 2020  |  Authentication

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target...

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Why Eliminating Checks Isn’t Enough To Crush B2B Payments Fraud
Why Eliminating Checks Isn’t Enough To Crush B2B Payments Fraud
July 31, 2020  |  B2B Payments

On top of being a cumbersome payment vehicle, the paper check continues to pose a major risk to corporate coffers. Fraud is on the rise,...

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