The Payments Association

OCTOBER 23, 2024

As industries face increasing regulatory pressures, Seon Technologies will highlight the shared challenges of customer onboarding, fraud prevention and compliance, including how businesses navigate global KYC and AML regulations.

Fraud Prevention 88

Fraud Prevention Fraud Detection Best Practices AML 88

EBizCharge

MARCH 18, 2025

Tokenization and encryption: Tokenization replaces credit card details with unique tokens with no exploitable value, preventing hackers from accessing sensitive data. By implementing these security measures, merchants using a Sage 100 integration can protect customer payment data, prevent fraud, and ensure smooth, secure transactions.

Credit Cards 52

Credit Cards Process Security Data Breach 52

PYMNTS

DECEMBER 17, 2020

One report found that there was a 54 percent increase in gift card and loyalty fraud in May compared to the previous month, making promotion fraud prevention a top priority for merchants. For more on these and other digital fraud news items, download this month’s Tracker. About The Tracker.

Fraud Prevention 102

Fraud Prevention Account Takeovers Phishing Push-to-Card 102

The Paypers

NOVEMBER 17, 2021

The Paypers has released its The Fraud Prevention in Ecommerce Report 2021/2022 , the ultimate source of knowledge that reveals best practices into stopping fraud to convert more orders and increase revenue

Fraud Prevention 41

Fraud Prevention Best Practices 41

Fintech Finance

SEPTEMBER 13, 2024

This comprehensive guideline provides essential insights and best practices for financial institutions (FIs) as they navigate the complex landscape of instant payments. With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

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

Fintech Finance

SEPTEMBER 24, 2024

The collaboration aims to share best practices in the Open Finance and Verification of Payee landscape, with the final goal of enhancing payment service providers’ value-added offerings and overall financial market efficiency.

Payee 98

Payee Verification IBAN Cross-Border 98

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. Below are a few best practices that can help keep your in-house digital systems as secure as possible.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

The Paypers

MAY 30, 2018

(The Paypers) Roberto Valerio & Dustin Clinard with RISK IDENT reveal the myths and hypes surrounding the fraud prevention industry and best practices in leveraging machine learning and smart data

Fraud Prevention 34

Fraud Prevention Best Practices Risk 34

Fintech News

JANUARY 25, 2024

ServiceNow Disputes Management, Built with Visa, intends to enhance this fraud prevention capability. It includes a user-friendly platform and AI-powered features to improve customer service and agent investigations, as well as adapting to changes in dispute rules and industry best practices.

AI 120

AI Disputes Risk Management Risk Assessment 120

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

Seon

APRIL 11, 2024

Moreover, using one solution for both fraud prevention and protection and AML initiatives minimizes the reliance on endpoint solutions or reliance on multiple third-party data sources while maximizing the use of trusted information, reducing potential vulnerabilities and enhancing the integrity of the risk assessment and anti-fraud measures.

Fraud Prevention 52

Fraud Prevention AML Money Laundering Financial Crimes 52

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

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

Fintech Finance

MAY 13, 2025

More specifically, Enfuce is committing to: Screening 100% of transactions Flagging 100% of high-risk transactions Blocking 100% of prohibited transactions Reporting 100% of suspicious transactions Training 100% of employees in anti-money laundering (AML)/counter-terrorism funding (CTF) best practices But Enfuce is not stopping there.

Compliance 59

Compliance Financial Crimes Global Payments Crime 59

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

Jumio’s approach to bolstering identity fraud prevention involves AI-driven fraud checks on identity documents for signs of tampering, such as text and photo manipulation. . “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 134

Deepfake Scams Fraud Detection Verification 134

Fintech Finance

NOVEMBER 13, 2024

According to Gary Palmer, CEO and Founder of Payall, “APP fraud is a growing issue in cross-border payments. The report highlights Australia’s approach as a model, where a collaborative framework among banks, law enforcement, and technology providers has led to marked improvements in fraud detection.

Cross-Border Payments 98

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

Fi911

JULY 8, 2024

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. By assisting merchants in implementing effective fraud prevention measures, acquiring banks can reduce potential losses and enhance trust in the payment ecosystem.

Account Takeovers 105

Account Takeovers Fraud Detection Phishing Fraud Prevention 105

PYMNTS

SEPTEMBER 18, 2020

The second tool, “ COVID-19 Best Fraud Prevention and Cybersecurity Practices, ” is a Top 10 list of best practices to help companies protect themselves against COVID-19-related cyberthreats. It was developed by the Cybersecurity Response Project Team.

NACHA 88

NACHA Cybersecurity Scams Payments 88

The Fintech Times

APRIL 11, 2024

Finding a solution To turn the tide, more than half of respondents (57 per cent) said that the next game-changer in the fraud prevention space will be AI. This is already used extensively throughout anti-fraud operations, but is continually becoming more powerful and precise.

AI 110

AI Romance Scams FinTech Scams 110

Fintech News

JUNE 20, 2024

Additionally, Network International, the leading processor in the MEA region, is enhancing its fraud prevention services with Mastercard’s AI-powered Brighterion platform. Similarly, Enfuce, the fastest-growing CaaS provider in the Nordics, has highlighted AI-based scoring as a significant disruptor in consumer and SME lending.

Use Case 125

Use Case AI Multi-Currency Payments 125

PYMNTS

OCTOBER 19, 2018

Even his French accent was not enough to prevent him from working his way into the lives of people who were not French. The first choice in fraud prevention , he said, comes down to risk. How much fraud will an organization absorb without having its business model break down or its reputation destroyed?

Fraud Prevention 75

Fraud Prevention Law Enforcement Crime Best Practices 75

PYMNTS

JANUARY 28, 2021

The latest Digital-First Banking Tracker® done in collaboration with NCR , notes that “FIs are devoting more money than ever to fraud prevention as more consumers go digital. It’s a situation demanding action. While it’s the FI’s job to protect peoples’ deposits and transactions, consumers have their part to play as well.

Federal Trade Commission 97

Federal Trade Commission Scams Account Takeovers Fincen 97

PYMNTS

NOVEMBER 16, 2020

First-time users are often unused to security best practices surrounding such apps and are thus more vulnerable to fraud. “It Fighting Fraud Through Technology and Education. Banks must take care to step up their anti-fraud strategies as bad actors’ schemes evolve.

Authentication 72

Authentication Best Practices Multifactor Authentication Fraud Prevention 72

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

Stax

FEBRUARY 19, 2025

Fraud Prevention: Look for proactive measures such as encryption, tokenization, and real-time fraud monitoring. Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks.

Payments 88

Payments PCI DSS Compliance Risk 88

Clearly Payments

FEBRUARY 3, 2024

Best Practices for Integrating BNPL Navigating this BNPL landscape requires strategic implementation to harness its full potential and mitigate potential pitfalls. Here are key best practices for merchants thinking to use BNPL: Partner with the Right Provider: Selecting the best BNPL provider is important.

BNPL 104

BNPL Payments Mitigation Best Practices 104

Fintech Finance

SEPTEMBER 12, 2024

There he created and led the company’s global compliance program, including standards and best practices for adhering to applicable local and international regulations. A career-long “fraud fighter,” Doyle has also held fraud prevention roles at FICO, SAV Credit Limited, Visa, and Morgan Stanley.

Compliance 98

Compliance Cross-Border Payments Cross-Border Best Practices 98

PYMNTS

OCTOBER 12, 2020

“Our products are highly considered purchases and often involve high-touch customer service, so this may not be as much of a challenge for us [as for] a retailer with a large cash-and-carry business, but as our digital business has grown, we have remained focused on fraud prevention,” Groom said in a recent PYMNTS interview.

Automation 79

Automation Fraud Prevention Identity Theft On-Demand 79

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

Stax

AUGUST 22, 2024

Once these mechanisms are in place, you also need to educate your sub-merchants about fraud and keep them informed about the latest trends in fraudulent activity. 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

Fintech Finance

JANUARY 10, 2024

Will Marwick, CEO at IFX Payments says: “Having Sara join our business highlights our dedication to industry best practice at IFX Payments and our upmost commitment to the highest standard of compliance.

Compliance 52

Compliance Best Practices Fraud Prevention Treasury 52

PYMNTS

FEBRUARY 27, 2020

Others, like Dropbox, are leveraging password encryption matching, and extensive employee education on best practices. Developments From Around The World Of Digital Fraud. Deep Dive: Unsupervised Machine Learning Surpasses Traditional Cloud Fraud Prevention Techniques.

Fraud Prevention 60

Fraud Prevention Account Takeovers Best Practices Data Breach 60

Fi911

DECEMBER 5, 2023

This guidance can include advising on best practices for transaction processing, dispute resolution, and proactive fraud prevention measures. Banks and FIs are in a unique position to help guide merchants in their inclusion on the MATCH list. The post What are Visa & Mastercard Chargeback Thresholds?

Visa 105

Visa Disputes Non-Bank Risk 105

PYMNTS

MARCH 18, 2020

Cicis could have avoided this expensive and embarrassing incident if proper social engineering fraud prevention efforts had been in place, and other QSRs would do well to employ various techniques and ensure they do not become victims. Digital And Analog Fraud Prevention.

Phishing 70

Phishing Smishing Fraud Prevention Point-of-Sale (POS) 70

FICO

APRIL 1, 2020

This has exposed me to the most advanced thinking and use of analytics in areas as diverse as using video analytics to identify subspecies activity on CCTV cameras, analyzing the customer experience in call centre interactions and the use of machine learning models for fraud prevention and credit decisioning. .

Best Practices 80

Best Practices Fraud Prevention Privacy Risk Management 80