Fraud Prevention

Digital Wallets Exhibit Highest Increase in Fraud Among All Payment Methods

Digital Wallets Exhibit Highest Increase in Fraud Among All Payment Methods
Digital Wallets Exhibit Highest Increase in Fraud Among All Payment Methods
October 20, 2023  |  Fraud Prevention

Banks in the U.S. report a rapid increase in fraud and fraud losses, highlighting the urgent need for newer and better anti-fraud technologies. The rise...

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

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...

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Amazon, Microsoft and India Authorities Crack Down on Impersonation Scams
Amazon, Microsoft and India Authorities Crack Down on Impersonation Scams
October 20, 2023  |  Cybersecurity

Amazon and Microsoft have joined forces to protect consumers from impersonation scams, marking the first time these industry leaders have collaborated to combat tech support...

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J.P. Morgan Payments Selects Trulioo for Identity Verification Services
J.P. Morgan Payments Selects Trulioo for Identity Verification Services
October 19, 2023  |  Cybersecurity

J.P. Morgan Payments has chosen Trulioo, a leading identity verification platform, to combat fraud and other financial crimes for its clients, according to an announcement...

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Galileo Aims to Combat Fraud With Payment Risk Platform
Galileo Aims to Combat Fraud With Payment Risk Platform
October 19, 2023  |  Cybersecurity

Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. Get the Full Story Complete the form to unlock this article and enjoy...

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

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...

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Entersekt Launches Authentication Solution for Mobile Banking Apps
Entersekt Launches Authentication Solution for Mobile Banking Apps
October 18, 2023  |  Cybersecurity

Entersekt, a leading provider of authentication solutions, announced Wednesday (Oct. 18) the launch of a fully integrated mobile application authentication solution for financial institutions (FIs),...

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Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
Banks Combine AI and Communication to Combat the Rising Threat of Payment Fraud
October 16, 2023  |  Cybersecurity

With the rise of digital transactions and online services, fraud has become an increasing concern for both consumers and businesses. Get the Full Story Complete...

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