Fraud Technology Trends 2022
More than Three-Quarters of Acquiring Banks Use AI to Reduce Payment Fraud
Ninety-seven percent of eCommerce firms experienced some sort of fraud within the past 24 months, and human intelligence alone is proving insufficient to combat the problem. In this month’s “Digital Fraud Tracker®,” a collaboration with DataVisor, Darren Beyer, chief product and strategy officer at Qolo, tells PYMNTS about the year’s most pressing fraud threats and why technology deployed in layers is the best way to protect against digital fraud.
Inside the October Tracker
- PYMNTS talks to Darren Beyer, chief product and strategy officer at Qolo, about 2022’s most pressing fraud threats and the right tools to fight them.
- Why both technology and human diligence must be implemented in tandem against the constant onslaught of fraud.
- Google, Visa and dYdX deploy innovative new technologies to fight fraud in their industries.
