Fraud Prevention

Fraud Prevention
Nearly 15% of FIs Cite Complex Regulatory Demands as Top Fraud-Fighting Challenge
October 20, 2023

The rise of digital banking and faster digital payment methods has accelerated fraud and financial crime, prompting banks and financial institutions (FIs) to enhance their systems and processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Fraud Prevention
NymCard Teams With ACI Worldwide to Fight Financial Fraud
October 19, 2023

Middle East/North Africa-focused card issuer NymCard has teamed with ACI Worldwide to combat fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Fraud Prevention
Combining Old and Newer Technologies Helps Banks Fight Rising Fraud
October 09, 2023

Fraud has surged at an unsettling pace in recent years, with young consumers and financially strained individuals being disproportionately targeted by bad actors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Fraud Prevention
FTC Strengthens Cooperation With Latin American Partners to Fight Fraud
September 29, 2023

The Federal Trade Commission (FTC) has partnered with consumer protection authorities from four Latin American countries — Chile, Colombia, Mexico and Peru — to combat cross-border fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fraud Prevention
New Technologies Needed to Stem the Rising Tide of Crypto Fraud
September 26, 2023

Advancements in digital banking and the proliferation of faster digital payment methods have accelerated the rise in sophisticated fraud and financial crime, with financial institutions (FIs) battling with a surge in losses. Get the Full Story Complete the form to unlock this article and enjoy...

Fraud Prevention
CFTC Virtual Event to Focus on Investment Scams and AI
September 25, 2023

Fraud in the digital age will be the focus of an upcoming virtual event hosted by the Commodity Futures Trading Commission (CFTC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Fraud Prevention
Faster Payments Means Faster, Better Fraud Fighting Tools
September 21, 2023

According to Pradheep Sampath, CPO at Entersekt, the rise of instant payments demands a new approach to fighting fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Fraud Prevention
SentiLink Launches New Intelligence Solution for Fraud Detection
September 18, 2023

SentiLink has unveiled a new offering aimed at improving financial fraud detection and enhancing proprietary fraud models for financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Fraud Prevention
Banks and Payment Firms Tap AI to Combat Fraud Amid Surge in Sophisticated Financial Crime
September 14, 2023

The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...