Fintech News

JUNE 6, 2024

Strengthening Defences: Banks’ Strategies to Combat Scams and Fraud To combat this growing threat, banks in ASEAN are implementing a range of measures to strengthen their defences against scams and fraud.

Scams 109

Scams Phishing Deepfake Verification 109

PYMNTS

OCTOBER 19, 2018

As if that were not enough, Webster told about a man who managed to steal some 500 physical identities, in part, by assuming the personas of missing persons. Even his French accent was not enough to prevent him from working his way into the lives of people who were not French. Why Friction Is Needed.

Fraud Prevention 75

Fraud Prevention Law Enforcement Crime Best Practices 75

Stax

AUGUST 22, 2024

Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. 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.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

JANUARY 23, 2020

The January edition of the Digital Fraud Tracker explores recent developments, including a cyberattack that caused the city of New Orleans to declare a state of emergency, new employee training techniques to fight phishing and DocuSign ’s best practices for fighting digital fraud. is facing fraud problems as well.

Phishing 64

Phishing Data Breach Breach Scams 64

Seon

SEPTEMBER 11, 2023

As neobanks evolve, the one downside of their innovation is that it opens up many new methods of attack for fraudsters, such as identity theft, fraud rings, and account takeover attacks. We know neobank risk teams must stay aware of evolving threats and take an active approach to closing those routes to fraud.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

Clearly Payments

JANUARY 8, 2024

Here are some key types of risks that merchants should be mindful of in payment processing: Fraud Risk: Fraud risk involves unauthorized or deceptive activities aimed at exploiting the payment system for financial gain. This can include stolen credit card information, identity theft, or fraudulent transactions.

Risk Management 97

Risk Management Risk PCI DSS Process 97

FICO

JUNE 20, 2018

In the meanwhile, be sure to check out our previous posts on application fraud: Trends in Application Fraud – From Identity Theft to First-Party Fraud. Best Practices in Establishing Your Fraud Risk Appetite. What Data Do I Need to Fight Application Fraud?

Fraud Detection 55

Fraud Detection Identity Theft AI Best Practices 55

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. Debbie has 25 years product management and product marketing experience in fraud management and financial services. Debbie holds a B.A.

Scams 52

Scams RTP Push-to-Card Fraud Detection 52

FICO

NOVEMBER 1, 2022

The results show that Canadians want slick onboarding processes, where fraud controls work but don’t delay account opening. Processes that Balance Customer Experience and Fraud Protection. Fraud teams fight a constant battle to balance fraud prevention with customer experience.

Checks 52

Checks Identity Theft Risk Accounts 52

Nanonets

MAY 31, 2023

Common examples of external payment fraud include: Impersonation: Fraudsters pose as legitimate customers or vendors to deceive organizations into making unauthorized payments. million individuals in the United States fell victim to identity theft in 2021. According to the Federal Trade Commission, USA, over 1.4

Fraud Detection 52

Fraud Detection Payments Audit Fraud Prevention 52

Seon

JUNE 15, 2023

Thankfully, as BEC attacks are often a product of human error, many can be avoided with due diligence and training – both of which can be enhanced with the right fraud prevention tools. Fraudsters may do this by impersonating the organization’s CEO (check out the CEO fraud section below to learn more about this).

Email Compromise 52

Email Compromise Compromise Business Email Compromise Risk 52

FICO

JULY 26, 2018

It is about transforming fraud prevention with data-driven methodologies and continuous model improvement to find fraud an individual lender has not seen before. Check out our previous posts on application fraud: Trends in Application Fraud – From Identity Theft to First-Party Fraud.

AI 45

AI Fraud Detection Rules Identity Theft 45

Seon

JUNE 21, 2023

Those people can be enticed by the offer of a VCC and ultimately tricked into providing their financial information, leading to cases of phishing and/or identity theft. On top of the above, there are of course further best practices, such as using password security apps like password managers.

Credit Cards 52

Credit Cards Risk Online and Mobile Banking Phishing 52

Finovate

DECEMBER 9, 2024

What are the most challenging fraud threats and, critically, what are the available tools and tactics available to deal with them successfully? Helping companies around the world onboard customers safely, fight fraud, and stay compliant, Tomlinson has more than a decade of experience in the identity industry.

Financial Crimes 69

Financial Crimes Crime Fraud Prevention Cross-Border 69

Segpay

DECEMBER 19, 2024

With growing concerns around data breaches, identity theft, and unauthorized access, organizations need to ensure that only authenticated users can access their systems and sensitive information. Onfido focuses on document and biometric verification, leveraging AI for scalability, fraud detection, and seamless onboarding.

Verification 104

Verification Authentication MFA Compliance 104

The Fintech Times

MAY 14, 2025

Card identity theft losses have increased by 200 per cent since 2021, while human trafficking alone has become a nearly 400billion industry. A pledge for change The Fortitude Pledge reinforces Enfuces position as a leader in fraud prevention and compliance, and underscores its mission to advance ESG in the payment space.

Financial Crimes 45

Financial Crimes Crime Money Laundering Identity Theft 45