Fraud Prevention

Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
Deep Dive: How FIs Are Confronting Data Lag, Inadequacies In The Face Of Sophisticated Fraudsters
May 06, 2020  |  Fraud Prevention

Financial fraud costs businesses an estimated $1.45 trillion, and it resulted in almost half of global organizations noting they were victims of fraud in 2018....

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Credit Unions, CUSOs Fighting Fraudsters
Credit Unions, CUSOs Fighting Fraudsters
May 05, 2020  |  Security & Fraud

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud...

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Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
May 05, 2020  |  Fraud Prevention

The last eight weeks has scrambled financial institutions’ tried and tested fraud-fighting approaches as transactions once seen as "abnormal" have become the new "normal." In...

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Mastercard’s Playbook On Fighting Online Fraud’s Big Surge
Mastercard’s Playbook On Fighting Online Fraud’s Big Surge
May 05, 2020  |  Security & Fraud

The shift to online commerce in the wake of the coronavirus pandemic is unprecedented. We’re doing more of everything online, especially transacting. Subscriptions, groceries, even...

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Fight Card-Not-Present Fraud In A Card-Not-Present World
Fight Card-Not-Present Fraud In A Card-Not-Present World
May 05, 2020  |  Security & Fraud

In the age of the coronavirus, everyone is conducting all facets of daily life – commerce, banking, schooling, working – from home. In an interview...

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Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
Wells Fargo on Fraud Decisioning And The New Consumer’s New Normal
May 04, 2020  |  Fraud Prevention

Financial institutions (FIs) face tough decisions when trying to keep their clients safe. Customers and merchants rely on their banks and credit unions (CUs) to ensure...

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Adjusting To The Pandemic With Loans, Apps And Biometrics
Adjusting To The Pandemic With Loans, Apps And Biometrics
April 28, 2020  |  Today In Data

The Paycheck Protection Program (PPP) loans are viewed not only as a “must-have” to navigate the current challenges – they are also seen as tools that can...

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How COVID-19 Is Creating A ‘New Normal’ For Credit Unions
How COVID-19 Is Creating A ‘New Normal’ For Credit Unions
April 28, 2020  |  Credit Unions

Shutdowns. Lockdowns. Shuttered branches. Banking may be forever altered. The ongoing coronavirus pandemic is disrupting financial services, as consumers pull back on spending, raise cash...

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Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
Deep Dive: How Insurance Fraud Hurts Both Companies And Consumers
April 23, 2020  |  Fraud Prevention

The U.S. insurance industry consists of more than 7,000 companies and collects approximately $1 trillion in premiums each year. Fraudsters are eager to get their...

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