PYMNTS

JANUARY 22, 2020

Lerdal was vice president of fraud operations and compliance for PULSE. He was instrumental in leading the enhancement of PULSE’s DebitProtect fraud-detection service. He also had a leadership role in implementing an anomaly-detection program. Real-time scoring is among the features in deploying the FICO Falcon Platform.

Product

PYMNTS

JANUARY 22, 2020

Lerdal was vice president of fraud operations and compliance for PULSE. He was instrumental in leading the enhancement of PULSE’s DebitProtect fraud-detection service. He also had a leadership role in implementing an anomaly-detection program. Real-time scoring is among the features in deploying the FICO Falcon Platform.

ATM

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. Fraud prevention and detection The first step is to install advanced fraud detection systems in your overall technology infrastructure.

Risk Management

The Payments Association

APRIL 2, 2025

Defensive applications Participants also discussed that, while criminals exploit AI’s capabilities, financial institutions are deploying even more sophisticated systems to detect and prevent fraud. “Model-based approaches for fraud detection have been around for a long time.

AI

Stax

JANUARY 8, 2024

Fraud detection and prevention. Early detection can help in the rapid mitigation of fraud. Having chargeback mitigation strategies in place can help you reduce the losses from chargebacks and illegitimate disputes. are some of the common metrics you need to track.

Risk Management

Trade Credit & Liquidity Management

MAY 27, 2025

As the global marketplace grows more interconnected and transactions shift online, businesses face an unprecedented wave of commercial fraud attempts, from sophisticated “bust-out” schemes to synthetic identity fraud that blends real and fabricated data. Please consider becoming a paid subscriber. billion in 2022 to $252.7

Fraud Prevention

Fintech Finance

APRIL 7, 2025

BHN Protect: Advanced fraud detection technology and proactive monitoring services to ensure robust security and risk mitigation. BHN can also provide expertise to ensure brands are maximizing their exposure to key target audiences and industries (e.g., retail, loyalty, incentives) through the right channels.

Risk Mitigation

Core

FEBRUARY 6, 2024

The digitization of public financial systems introduces new challenges for online payment fraud prevention. Because public financial systems involve essential funds and taxpayer dollars, dedicated government fraud detection systems are paramount to combat fraud—and ensure government accountability.

Best Practices

PYMNTS

JUNE 27, 2019

More recently, Citi TSS announced Payment Outlier Detection, a tool for treasurers to more accurately and quickly identify anomalous transactions before they are cleared. The solution, announced this week, was designed to accelerate and automate fraud detection as more treasurers deploy real-time transaction capabilities.

Faster Payments

Nanonets

AUGUST 16, 2024

Artificial Intelligence (AI) AI is particularly brilliant at handling complex tasks like fraud detection, risk assessment, and claims adjudication. Advanced AI systems can cross-check claim details against policy data, third-party databases, and historical claim records to detect anomalies and assess the validity of claims.

Automation

FICO

SEPTEMBER 27, 2019

Streamlining fraud detection and anti-money laundering (AML) processes is essential in fighting financial crime faster and more effectively. Institutions need fraud detection capabilities of the utmost speed and accuracy to detect and prevent criminal activity during real-time transfers of funds.

Financial Crimes

The Fintech Times

SEPTEMBER 19, 2024

. “Risk orchestration lowers risk and boosts resilience of financial institutions by facilitating quick threat detection and response,” Kelvin Lim , senior director at the Synopsys Software Integrity Group. “This necessitates a complementary risk identification and mitigation effort involving AML and fraud.

Risk

Segpay

OCTOBER 4, 2023

Risk Management Fraud detection and prevention measures are crucial in this type of high-risk business. A robust risk management system helps to protect both merchants and affiliates from fraudulent activities, such as click fraud or affiliate fraud.

Security

PYMNTS

OCTOBER 10, 2019

Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. Already seeping into the consumer services world, digital identity technology is expected to hit a $12.8 billion valuation by 2024, according to the latest PYMNTS Digital Identity Tracker.

Small Business

PYMNTS

OCTOBER 3, 2019

So rather than a team of financial professionals taking a random sample of corporate transactions and manually searing for anomalies and evidence of fraud, AI tools can analyze every data point and more accurately pinpoint areas of concern. Balancing Risks.

Privacy

PYMNTS

JULY 11, 2017

Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical. In many ways, collaboration with FinTechs has become a key part of risk mitigation for banks, with researchers finding that only 1.4

Finance

Nanonets

FEBRUARY 12, 2024

Enhanced Fraud Detection AI emerges as a formidable ally in the perpetual cat-and-mouse game with fraudsters. Machine learning algorithms can detect subtle anomalies and irregularities in data patterns, signaling potential fraudulent activities.

AI

FICO

MARCH 9, 2022

The right balance of risk mitigation and customer experience can be achieved and will be the factor that puts those that do in the lead. Review the FICO Consumer Fraud Survey: 2021 whitepaper for insights about global customer sentiment on fraud detection/prevention measures and customer experience.

Fraud Prevention

The Fintech Times

DECEMBER 15, 2023

In the new world of borderless transactions, investing the time and technology in improving the cross-border payment experience will be critical to not only frictionless payments but also growth, liquidity management and risk mitigation.”

Cross-Border

PYMNTS

NOVEMBER 9, 2017

According to Kyriba and researchers at CFO Research , who surveyed 167 financial executives at companies with up to $5 billion in annual revenue, there is a clear winner in terms of what the board of directors is most concerned about in terms of CFO responsibilities: fraud. ” Not all of these silos are easy to overcome, however.

Risk Management

Nanonets

FEBRUARY 21, 2024

This process is essential for several key reasons: Fraud Detection Beyond identifying innocent errors, such as incorrect change counts, cash reconciliation plays a crucial role in uncovering fraudulent activities, including theft by employees, embezzlement, and unauthorized transactions.

Reconciliation

Nanonets

JUNE 21, 2023

It ensures accuracy, financial integrity, fraud detection, compliance, efficient cash flow management, and informed decision-making. Fraud detection and risk mitigation Reconciling payments plays a vital role in detecting fraudulent activities and mitigating associated risks.

Payment Reconciliation

Neopay

JUNE 27, 2024

Financial crime risk assessment: Ensure that business activities are regularly reviewed against possible financial crime risks, appropriately assessed against probability and impact and adjusted against the firm’s risk mitigation systems and controls.

Financial Crimes

Nanonets

JULY 25, 2023

Through techniques like variance analysis, sensitivity analysis, and stress testing, analysts can identify potential risks and their impact on financial outcomes. This helps companies develop risk mitigation strategies and improve decision-making.

Financial Analysis

Fintech Labs Insights

MAY 30, 2017

.” Andreas Pages of Swisscom’s Business Unit Fintech highlighted NetGuardians’ technology as the kind of “agile and compelling software” that will improve risk mitigation for FIs. “Their highly innovative technology is changing the way to fight financial crime,” Pages said.

Risk Mitigation

Seon

MAY 16, 2024

Understanding the Scope of iGaming Fraud Fraud in iGaming deeply impacts players, operators and the industry’s integrity and compromises the digital gaming space’s security and trust. Types of iGaming Fraud Multi-Accounting This is a practice where an individual creates multiple accounts on a single platform.

Fraud Prevention

Fintech Review

FEBRUARY 25, 2025

Trade finance plays a crucial role in facilitating global trade by providing credit, payment guarantees, and risk mitigation tools. These financial instruments help importers and exporters manage cash flow effectively while reducing the risks associated with cross-border transactions.

Finance

Fintech News

FEBRUARY 11, 2025

It classifies AI systems into four categories: prohibited, high-risk, limited-risk, and minimal-risk. AI applications in financial services, such as credit scoring and fraud detection, are considered high-risk due to their potential impact on individuals and market stability.

AI