GIACT On Why Faster Payments Don’t Have To Mean Faster Fraud
PYMNTS
OCTOBER 12, 2018
In fact, he said, it’s very much Payments 101 — where there is increased speed and less of an opportunity to respond to that fraud, banks could be more vulnerable. If businesses understand the customer they have enrolled, and they know who they are consistently, there are a lot fewer issues with running payments in real time or same day.
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