Fraud Prevention

Fraud Prevention
Intellicheck CEO Envisions a Bank Consortium to Fight ID Fraud
April 09, 2024

When you read about collaboration in the financial services industry the topic usually centers around banks and FinTechs. But maybe there’s more to that story. Because sometimes competitors can collaborate and when the topic turns to ID fraud, a team effort among banks just might...

Fraud Prevention
‘Swarm’ Attacks Challenge Traditional Fraud Defenses  
April 04, 2024

For as long as hard-earned money has existed, criminals have been trying to take it. And as money itself has evolved across an increasingly digital landscape, bad actors have followed suit with their own, increasingly sophisticated tactics — making safeguarding against payments fraud an ever-more...

Fraud Prevention
Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
April 04, 2024

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Fraud Prevention
Fastly Rolls Out Tool to Help Battle Bot Attacks
April 02, 2024

Edge cloud platform Fastly has launched a tool to help companies combat bot attacks. 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...

Fraud Prevention
RealPage and Plaid Team to Curb Rental Fraud
March 27, 2024

Real estate software/data analytics provider RealPage has debuted tools to combat rental 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...

Fraud Prevention
UK Wants to Turn Faster Payments Into Four-Day Payments
March 12, 2024

When it comes to innovation, the United Kingdom can find itself on a literal island. And the kingdom’s latest regulatory push, one that is targeting authorized push payment (APP) fraud, has left observers wondering whether that island may be sinking.  Get the Full Story Complete...

Fraud Prevention
UK Publishes Draft Legislation to Combat Authorized Push Payment Fraud
March 12, 2024

The government of the United Kingdom has published draft legislation that would allow payment service providers (PSPs) to delay outbound payments processing by up to four business days when they suspect fraud.  Get the Full Story Complete the form to unlock this article and enjoy...

Fraud Prevention
eCommerce Merchants Fail to Connect Failed Payments and Fraud
March 08, 2024

Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants connect the dots between failed payments and potential fraud. Get the Full Story Complete the form to unlock this article...

Fraud Prevention
Strong Authentication Fosters Trust Among Open Banking Users
March 07, 2024

The payments journey, and landscape, is an ever evolving one, but one thing is certain: fraudsters will try to exploit any vulnerability they can to access money and data that isn’t theirs. Get the Full Story Complete the form to unlock this article and enjoy...