PYMNTS

OCTOBER 16, 2020

Fraudsters deploy a variety of different methods when attacking these apps, ranging from sophisticated methods like account takeovers (ATOs) to impersonation schemes that trick users into sending them money directly. Developments Around The Financial Crimes Space. About The Playbook.

Zelle 89

Zelle P2P Scams Multifactor Authentication 89

PYMNTS

NOVEMBER 16, 2020

The pandemic is exacerbating the problem, with a study finding that 22 percent of Americans were the targets of pandemic-related fraud attempts as of March. On the front end, we protect the front door through user authentication to make sure that the person sending the transaction is the correct individual and authorized to do so.

Authentication 72

Authentication Multifactor Authentication Best Practices Fraud Prevention 72

The Payments Association

JANUARY 14, 2025

The industry must collaborate on fraud prevention, enhance data sharing, and align regulatory frameworks with innovation. On the 19th of November in London, The Payments Association hosted a workshop as part of its Financial Crime 360 conference, focusing on a newly-emerging but pressing topic of fraud within open banking.

Fraud Prevention 88

Fraud Prevention Financial Crimes Crime Participant 88