Uncertainty can turn a routine payment problem into a cost that is twice as large. That gap sits at the center of “Early Detection: Why Top Performing Firms Focus on Fraud Before It Starts,” a May edition of The 2026 Certainty Project produced by PYMNTS...
Nasdaq Verafin and Q6 Cyber have partnered to help financial institutions identify and respond to emerging fraud and scan threats, Nasdaq Verafin said in a Thursday (Aug. 27) press release emailed to PYMNTS. The partnership will add Q6 Cyber’s dark web fraud intelligence to Nasdaq...
The U.S. payments industry does not lack fraud data. It lacks agreement about what that data means. The Accredited Standards Committee X9’s new Payment Fraud Forum, which holds its first meeting Sept. 10, is targeting exactly that problem. The initiative brings together participants including Federal...
Flagright, which provides a transaction monitoring engine, has become a Nacha Preferred Partner for ACH Compliance, Fraud Monitoring, and Risk and Fraud Prevention, Nacha said in a Monday (Aug. 24) press release. Nacha Preferred Partners are organizations that have demonstrated leadership and innovation in products...
Credit union service organization (CUSO) Velera has released a new resource designed to help credit unions navigate complex consumer-engaged fraud cases, the company said in a Thursday (Aug. 20) press release emailed to PYMNTS. Velera’s “Consumer-Engaged Fraud Case Management Playbook” provides a framework for investigating...
Payments have spent years getting faster. Fraud detection has not always kept pace. New August research from PYMNTS Intelligence, in collaboration with Plaid, shows that 47% of firms surveyed can’t detect suspected fraud in real time or within minutes. That is despite widespread use of...
The Department of Justice’s National Fraud Enforcement Division, which was created earlier this year, will have about 500 attorneys by Aug. 24 and will continue growing after that, according to a memo released Thursday (Aug. 13). In the memo about the National Fraud Enforcement Division’s...
The government is now looking at the numbers behind healthcare growth. The U.S. Justice Department (DOJ) has made advanced data analytics central to its healthcare fraud strategy, using claims and payment information to identify providers, billing patterns and entire categories of medical spending that diverge...
Faster payments can feel like a victory lap until fraud reaches the finish line first. Businesses want money to move in seconds, but their defenses often need far more time to catch up. “Payment Protection: Why Firms Still Aren’t Real-Time Ready” was produced by PYMNTS...