Fraud Prevention

Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
Banks Say Better to Be Proactive Than Reactive When Making Payments Real Time
March 07, 2024  |  Faster Payments

Faster payments solve many traditional pain points endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two...

READ MORE >
2024’s Top Trends CFOs Need to Know
2024’s Top Trends CFOs Need to Know
March 06, 2024  |  CFO

If you don’t know what’s coming, you can’t prepare for it.  And, as the old adage goes, a failure to prepare is preparing to fail. ...

READ MORE >
Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
Younger Consumers Drive Surge in Peer-to-Peer Payments App Popularity
March 06, 2024  |  Money Mobility

Peer-to-peer (P2P) payments have grown increasingly popular in the past several years. This is especially true for younger consumers, who prefer a digital-first payment experience....

READ MORE >
HealthLock and Mastercard Team to Prevent Medical Fraud
HealthLock and Mastercard Team to Prevent Medical Fraud
March 05, 2024  |  Partnerships

Medical fraud and overbilling prevention solution HealthLock has expanded its year-old partnership with Mastercard. Beginning April 1, the HealthLock platform will be available to commercial, small business and...

READ MORE >
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
‘Pig Butchering’ Scams Pose Growing Risk to Businesses
March 04, 2024  |  Security & Fraud

Behavioral fraud and social engineering scams are getting more dangerous for businesses. Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, social...

READ MORE >
Equifax Unveils Fraud Prevention KYB Tool
Equifax Unveils Fraud Prevention KYB Tool
February 28, 2024  |  Fraud Prevention

Equifax is rolling out a know your business (KYB) solution to help U.S. lenders and businesses make more informed decisions about onboarding new accounts or vendors. ...

READ MORE >
Thrive Market CTO Says the Future of eGrocery Is Mobile
Thrive Market CTO Says the Future of eGrocery Is Mobile
February 28, 2024  |  Retail

As grocery slowly catches up to other retail categories in digital adoption, Thrive Market is seeing mobile gain share. In an interview with PYMNTS following...

READ MORE >
Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
Entersekt CPO Says Fighting Fraud Should Be Treated Like ‘Team Sport’
February 28, 2024  |  Fraud Prevention

The launch of the FedNow® Service last year has transformed the instant payments landscape, unlocking real-time settlement capabilities 24/7/365. But according to Pradheep Sampath, chief...

READ MORE >
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
February 27, 2024  |  Fraud Prevention

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt...

READ MORE >