security & fraud

Risk-Based Scores and Customer Profiles Bolster Merchant Efforts Against Fraudsters
Risk-Based Scores and Customer Profiles Bolster Merchant Efforts Against Fraudsters
January 24, 2024  |  Security & Fraud

No matter the attack vector, bad actors have a singular strategy in place when it comes to eCommerce fraud, Jason Paguandas, VP and GM, Merchant...

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Data Sharing Seen as Key to Stopping Real-Time Payments Fraud
Data Sharing Seen as Key to Stopping Real-Time Payments Fraud
January 12, 2024  |  Security & Fraud

As instant payments become more widely used in the United States, the financial services ecosystem must gird for ever-more-brazen attacks from fraudsters. Nick Fleetwood, head...

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Porch Launches Fraud Warning Product for Title and Escrow Companies
Porch Launches Fraud Warning Product for Title and Escrow Companies
January 10, 2024  |  Security & Fraud

Porch Group has launched a fraud warning product for title and escrow companies. The new RynohVerifi product is designed to help protect against payment fraud by confirming...

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Payments Experts: G20 Faster Payments Goals Could Foster Financial Crime
Payments Experts: G20 Faster Payments Goals Could Foster Financial Crime
January 07, 2024  |  Faster Payments

Will the G20’s campaign for faster payments have unintended negative consequences? A new report by the U.K.’s Future of Financial Intelligence Sharing (FFIS) said plans to make...

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How Year 1 of AI Impacted the Financial Fraud Landscape 
How Year 1 of AI Impacted the Financial Fraud Landscape 
December 19, 2023  |  artificial intelligence

The emergence this year of generative artificial intelligence (AI) reshaped the business landscape.   For the most part, it was a good thing. A great thing,...

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Versatile Credit Enhances Fraud Screening With Prove Identity Integration
Versatile Credit Enhances Fraud Screening With Prove Identity Integration
December 19, 2023  |  Security & Fraud

Versatile Credit has integrated with Prove Identity to both enhance its fraud screening and streamline its customer onboarding experience. As a software provider connecting merchants, lenders and consumers...

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Visa’s Provisioning Intelligence Service Wages War Against $450 Million in Token Fraud 
Visa’s Provisioning Intelligence Service Wages War Against $450 Million in Token Fraud 
December 13, 2023  |  Security & Fraud

The value of tokenization — where sensitive information is replaced by unique algorithmically generated numbers and letters — has gained wide acknowledgement in commerce. James...

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Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
Socure Launches Tool and Financial Consortium to Fight First-Party Fraud
October 23, 2023  |  Security & Fraud

Socure has launched its first-party fraud solution, Sigma First-Party Fraud, along with the First-Party Fraud Consortium (FPFC). Together, these solutions aim to help companies detect and prevent...

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Amazon, Microsoft and India Authorities Crack Down on Impersonation Scams
Amazon, Microsoft and India Authorities Crack Down on Impersonation Scams
October 20, 2023  |  Security & Fraud

Amazon and Microsoft have joined forces to protect consumers from impersonation scams, marking the first time these industry leaders have collaborated to combat tech support...

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