Fraud Prevention

EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
EU Consumers Say They’d Rather Card Networks Than Banks Deliver Their Everyday App
January 15, 2024  |  Consumer Insights

Globally, the increasing reliance on apps and connected devices has led to growing consumer demand for an everyday app that seamlessly integrates banking, shopping and...

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Attack Vectors 2024: Identity Theft and Digital Banking 
Attack Vectors 2024: Identity Theft and Digital Banking 
January 12, 2024  |  Fraud Prevention

In the payments and financial landscape, staying still often means falling behind.  And falling behind in today’s rapidly digitizing environment can be dangerous.  That’s because...

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Most eCommerce Merchants Recognize Innovation’s Potential in Curbing Fraud
Most eCommerce Merchants Recognize Innovation’s Potential in Curbing Fraud
January 12, 2024  |  Fraud Prevention

The digital age has ushered in unprecedented opportunities for business growth, but it has also given rise to increasingly sophisticated fraudulent activities. From friendly fraud...

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Two-Thirds of Merchants Ignore Potential Fraud as a Cause of Failed Payments
Two-Thirds of Merchants Ignore Potential Fraud as a Cause of Failed Payments
January 11, 2024  |  Fraud Prevention

Many eCommerce merchants fail to connect the dots between fraud detection and failed payments. In fact, just one-third of merchants employ mechanisms that detect potential...

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Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
Visa Wants to Eliminate Friendly Fraud Without Alienating Honest Consumers 
January 09, 2024  |  Fraud Prevention

Friendly fraud is a bit of a misnomer; first-party card misuse would be more accurate. That’s because, just like other types of fraud and cybercrime, friendly...

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The Impact Quantum-Powered AI Could Have on Payments 
The Impact Quantum-Powered AI Could Have on Payments 
January 08, 2024  |  Artificial Intelligence

The 21st century has seen an incredible progression of business capabilities from an innovation standpoint. Taking into account the recent commercialization of artificial intelligence (AI)...

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Larger FIs More Likely to Use AI and ML to Fight Financial Crime
Larger FIs More Likely to Use AI and ML to Fight Financial Crime
January 08, 2024  |  Fraud Prevention

Financial institutions (FIs) are increasingly recognizing the importance of fraud-fighting technologies as they confront more sophisticated fraud and financial crimes. In fact, the surge in...

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Network Tokenization and Digital Identities Are Quietly Transforming Payment Security
Network Tokenization and Digital Identities Are Quietly Transforming Payment Security
January 05, 2024  |  Payments Innovation

One innovation above all others dominated the headlines in 2023: artificial intelligence (AI). But while AI, particularly its impact on the payments landscape, captured public...

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21 Payments Execs Reflect on 2023’s Strategic Shifts
21 Payments Execs Reflect on 2023’s Strategic Shifts
December 29, 2023  |  Opinion

Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These...

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