Fraud Prevention

Mastercard Takes AI-Driven Fraud Defense to Next Level

Mastercard Takes AI-Driven Fraud Defense to Next Level
Mastercard Takes AI-Driven Fraud Defense to Next Level
April 24, 2024  |  Mastercard

Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. Get the...

READ MORE >
Spike in Identity Fraud Forces Banks to Embrace Innovation
Spike in Identity Fraud Forces Banks to Embrace Innovation
April 23, 2024  |  Cybersecurity

To the hammer of a bad actor, everything vulnerable looks like a nail. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
Issuers Look Beyond Inflation and Interest Rates to Managing Real-Time Fraudsters
April 23, 2024  |  Real-Time Payments

As global head of product at payment processor i2c, Seth Perlman has seen his share of headwinds and tailwinds in the banking business, including stints...

READ MORE >
90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
90% of FIs Say a Fraud-Prevention Vendor’s Reputation Is Key to Collaboration 
April 23, 2024  |  Fraud Prevention

More than 40% of financial institutions (FIs) report seeing increasing volumes of fraud and financial crimes, according to PYMNTS Intelligence data.  Get the Full Story...

READ MORE >
Phone Number Data Expands Fraud Prevention Arsenal
Phone Number Data Expands Fraud Prevention Arsenal
April 22, 2024  |  Fraud Prevention

While digital identities incorporate various data points such as name, email and physical address, phone numbers are swiftly emerging as the predominant means of identification. ...

READ MORE >
Basware Debuts AI-Powered Fraud Prevention Tool
Basware Debuts AI-Powered Fraud Prevention Tool
April 22, 2024  |  Fraud Prevention

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

READ MORE >
Senators Press Banks for Better Defenses Against Wire Fraud
Senators Press Banks for Better Defenses Against Wire Fraud
April 19, 2024  |  Cybersecurity

The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the...

READ MORE >
Back-to-Basics Data Approach Confronts Increasing Fraud
Back-to-Basics Data Approach Confronts Increasing Fraud
April 19, 2024  |  Opinion

Whenever there’s economic uncertainty, there’s a corresponding upswing in fraud, said Mangopay Vice President of Product and Data Maciej Pitucha, adding businesses can prepare and...

READ MORE >