EBizCharge

MARCH 18, 2025

A secure payment processing provider for Sage 100 will also give merchants access to fraud detection and prevention tools, 3D Secure, chargeback management, and more. By protectin g payments in Sage 100, your company can reduce the risk of data breaches and fraud, ensuring a secure experience for all parties involved.

Credit Cards 52

Credit Cards Process Security Data Breach 52

Core

MARCH 19, 2024

The solution: robust government fraud detection mechanisms for payment systems. Here’s what compliance managers and auditors need to know to strengthen internal fraud prevention and safeguard public funds. When fraud persists for over five years, the average loss increases to $800,000.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

FICO

JUNE 20, 2018

In a recent blog post , I discussed how FICO is fighting application fraud by leveraging artificial intelligence (AI) and machine learning in fraud detection, including an overview of supervised, unsupervised, and adaptive analytics techniques and the need to balance transparency (explainable AI) with predictiveness.

Fraud Detection 55

Fraud Detection Identity Theft AI Best Practices 55

Fintech Finance

NOVEMBER 13, 2024

Key findings from the whitepaper highlight that: The speed and ease of global payment channels allow criminals to exploit system gaps across jurisdictions, complicating fraud detection. According to Gary Palmer, CEO and Founder of Payall, “APP fraud is a growing issue in cross-border payments.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 98

Clearly Payments

SEPTEMBER 18, 2024

Building and Structuring a Chargeback Team To manage chargebacks effectively, you’ll want to create a team that includes poeple skilled in finance, customer service, and fraud prevention. Fraud Specialist: The Guardian The fraud specialist identifies fraudulent transactions to reduce chargebacks.

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

Fi911

JULY 8, 2024

This makes it imperative for businesses to stay ahead with robust fraud detection and prevention strategies. Acquiring banks have a vested interest in helping their merchant clients stop eCommerce fraud, as it directly impacts the financial stability and reputation of both parties.

Account Takeovers 105

Account Takeovers Fraud Detection Phishing Fraud Prevention 105

Fintech Finance

FEBRUARY 24, 2025

Driven by a shared commitment to nurture talent, the partnership provides a framework for the two organizations to collaborate on attracting high skilled talent, advancement of local talent through the exchange of knowledge and best practices and development of joint initiatives to foster innovation and growth of the local fintech ecosystem.

Fraud Detection 59

Fraud Detection Cross-Border Economy Best Practices 59

Fintech News

APRIL 7, 2024

Their comprehensive discussion sheds light on the significance of advanced AI and fraud detection technologies, and the importance of collaborative efforts to mitigate these risks. “Even people who are trained on deep fakes have a real difficulty determining what’s a real image from an image created using a deep fake.”

Deepfake 133

Deepfake Scams Fraud Detection Verification 133

Fi911

JUNE 20, 2025

By the time financial institutions discover the fraud, recovery becomes nearly impossible. Why Traditional Fraud Detection Fails Credit bureaus face fundamental limitations in identifying synthetic identities. Fair lending laws complicate prevention efforts. Members share data, best practices, and technology solutions.

Identity Theft 52

Identity Theft Verification Database Authentication 52

Seon

JULY 11, 2024

Guest panelists included James Nurse, Managing Director at FINTRAIL; Hannah Becher, Lead of Fraud and AML Surveillance at Pleo; Matthew Tataryn, Director of Financial Crime Risk at Tide Platform; and Jeremy Doyle, Director of Growth, AML Solutions at SEON.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

The Payments Association

APRIL 2, 2025

With fraud accounting for a significant portion of UK crime, understanding AIs role is critical for developing effective, future-ready defences. Payments leaders should focus on improving data quality, fostering cross-sector collaboration, and responsibly integrating AI into fraud prevention strategies.

AI 88

AI Financial Crimes Deepfake Fraud Prevention 88

Seon

APRIL 11, 2024

This information also allows for the integration of AML checks, such as a match on a sanctions list or association with PEPs, to significantly alter the individual’s risk profile, thereby enhancing the overall effectiveness of fraud detection and prevention mechanisms.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

Fraud.net

OCTOBER 1, 2024

Discover how businesses of any scale can combat escalating fraud threats by adopting comprehensive enterprise fraud risk management.

Risk Management 52

Risk Management Best Practices Risk Fraud Detection 52

Stax

AUGUST 22, 2024

Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. This is why you need robust fraud detection mechanisms and ensure that they are up-to-date. It can also help to teach them about best practices they can follow to prevent fraudulent transactions.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fraud.net

DECEMBER 1, 2023

Modern account takeover protection requires implementing machine learning, geolocation, and anomaly detection to spot and prevent ATO fraud.

Account Takeovers 52

Account Takeovers Best Practices Accounts Fraud Detection 52

PYMNTS

JUNE 20, 2019

According to the latest Payments 2022 Playbook: Building A High-Performing Payments Team For Fraud Detection , a PYMNTS study in collaboration with Stripe, digital platforms continue to express discontent with their current fraud strategies, and false positives are compromising their brands, customer relationships, and bottom lines.

B2B 73

B2B Fraud Detection Third Party Vendors Payments 73

Fintech Finance

FEBRUARY 20, 2025

The rising sophistication of AI-generated deepfake images and videos poses an increasing risk to the payments industry, making advanced fraud detection more critical than ever. This engagement further positions ID-Pal as a thought leader in fraud prevention, particularly in combating AI-fraud.

AI 52

AI Deepfake Verification Fraud Detection 52

Fintech Finance

JUNE 20, 2024

It will focus on several key areas: Advanced Fraud Detection and Prevention: Developing and implementing cutting-edge technologies to detect and prevent financial fraud. The center will provide a platform for the exchange of ideas and best practices between the public and private sectors.

Financial Crimes 97

Financial Crimes Crime FBI Law Enforcement 97

Seon

SEPTEMBER 20, 2024

SEON recently brought together industry leaders from the online lending space to discuss the evolving landscape of fraud prevention and risk management. The Changing Face of Fraud In what many describe as an “unpredictable era,” lenders are collectively challenged to stay ahead of increasingly sophisticated fraudsters.

Risk 52

Risk Fraud Prevention Risk Management Deepfake 52

Clearly Payments

JANUARY 8, 2024

Additionally, leveraging advanced fraud detection tools and machine learning algorithms in real-time helps analyze transaction patterns and differentiate between legitimate and potentially fraudulent activities. One key practice involves prioritizing customer satisfaction through the delivery of exceptional customer service.

Risk Management 97

Risk Management Risk PCI DSS Process 97

Finovate

APRIL 1, 2024

“In most cases, the quality and quantity of data used for training, testing, and refining an AI model, including those used for cybersecurity and fraud detection, directly impact its eventual precision and efficiency.” These observations are among ten takeaways from the report shared last week.

Treasury 65

Treasury Cybersecurity AI Risk 65

Seon

SEPTEMBER 11, 2023

We know neobank risk teams must stay aware of evolving threats and take an active approach to closing those routes to fraud. This is why, in this article, we examine the five most common types of fraud in neobanking and how to protect against them – no matter how mature your approach to fraud prevention is.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

PYMNTS

MAY 25, 2020

Many are using digital banking services for the first time, though, meaning they may be unaware of personal security best practices. Lori Hodges, vice president of risk in North America for Visa, has said even fraud prevention professionals have let their guards down. Phishing attacks are some of the most common scams.

Financial Crimes 67

Financial Crimes Crime Scams Fraud Prevention 67

Stax

JANUARY 8, 2024

Common risk management strategies for PayFacs include proper merchant vetting and onboarding, transaction monitoring and fraud prevention, chargeback mitigation, KYC/AML compliance, and data breach prevention. Fraud detection and prevention. Early detection can help in the rapid mitigation of fraud.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Segpay

APRIL 16, 2024

In this case, both the cardholder and the merchant are victims of Fraud. Merchants should implement robust fraud detection tools, such as address verification systems (AVS) and card verification value (CVV) checks. Each card brand applies different chargeback thresholds. Chargeback ratios also differ per industry.

Disputes 52

Disputes Address Verification System (AVS) Fraud Prevention Fraud Detection 52

PYMNTS

NOVEMBER 26, 2019

FIs must ensure that their analytics and business intelligence efforts are constantly recalibrated, with an eye on fraud detection, user friction and false positives. Fraud is not static, said Srinivasan.

Real Time Payments 61

Real Time Payments Authentication Fraud Prevention Credential 61

PYMNTS

MARCH 30, 2016

TSYS’ ProPay has paired up with InfoTrax to help direct selling companies battle fraudsters by integrating ProPay’s Guardian CyberShield fraud detection and protection service into its DataTrax back-office software. It is also used to prevent account takeover, payment fraud, identity spoofing, malware and data breaches.

Account Takeovers 41

Account Takeovers Fraud Detection Best Practices Fraud Prevention 41

Segpay

MARCH 10, 2025

Evaluate transaction fees, chargeback policies, and currency conversion rates to prevent unexpected expenses and optimize revenue retention. Security & Fraud Prevention Given the high-risk nature of online gaming, security is non-negotiable. Implement real-time fraud detection and chargeback management to enhance security.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Nanonets

MAY 31, 2023

Enhance Employee Awareness and Training: Provide comprehensive training to employees on fraud prevention, detection, and reporting. Promote a culture of ethics and integrity, emphasizing the consequences of fraud. Educate employees on common fraud schemes and red flags to watch out for in day-to-day operations.

Fraud Detection 52

Fraud Detection Payments Audit Fraud Prevention 52

Fraud.net

NOVEMBER 14, 2023

The risk of card-not-present fraud increases with the evolution of digital payments. Protect your business with the latest best practices.

Best Practices 52

Best Practices Digital Payments Risk Money Laundering 52

Seon

APRIL 23, 2024

Advanced technologies, including artificial intelligence (AI), blackbox and whitebox machine learning (ML), digital footprinting and device intelligence, collectively transform the real-time fraud detection and prevention paradigm. Engage senior leadership in the governance and oversight of fraud risk management efforts.

Risk Management 40

Risk Management Risk Technology Fraud Detection 40

Stax

AUGUST 29, 2024

The best PSP is the one that provides the right package of payment options for your customer base, adequate fraud detection & prevention tools, scalability, robust customer care services, and charges affordable processing fees.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Nanonets

FEBRUARY 21, 2024

Businesses are encouraged to familiarize themselves with the procedural steps of cash reconciliation, adopt best practices to enhance accuracy, and consider the benefits of automating the process to mitigate risks associated with manual reconciliation. Looking out for a Reconciliation Software?

Reconciliation 52

Reconciliation Best Practices Point-of-Sale (POS) Automation 52

EBizCharge

JULY 16, 2024

Under NACHA’s operational guidelines, entities are expected to establish risk management practices proportional to the extent and nature of their ACH activities. As transaction volumes or the complexity of the ACH services increase, institutions or service providers must enhance their fraud detection and prevention mechanisms.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

FICO

JULY 26, 2018

Derek has worked in machine learning and advanced analytics for 20+ years, and he is a specialist in the development and application of predictive analytics for application fraud detection. What do you see as the biggest challenges for machine learning to fight application fraud.

AI 45

AI Fraud Detection Rules Identity Theft 45

Nanonets

DECEMBER 25, 2023

Real-time Fraud Detection The healthcare industry is, unfortunately, susceptible to fraudulent activities, and AI provides a robust defense mechanism. Predictive Analytics for Resource Optimization AI's predictive analytics capabilities extend beyond fraud detection.

AI 59

AI Process Payer Fraud Detection 59

FICO

APRIL 26, 2023

The challenge for banks is balancing the ease and convenience of RTP with fraud prevention for authorized push payment fraud (APP fraud) – without impacting customer experience. Better detection Overwhelmingly, customers want banks to improve their fraud detection capabilities to stop scams before they happen.

Scams 52

Scams RTP Push-to-Card Fraud Detection 52