Payments Dive

JANUARY 21, 2025

It will also increasingly offers a defense against rising fraud. The emerging technology will help merchants process payments faster and provide customers with more ways to pay, those who follow the payments industry say.

Industry 468

Industry Payments Fraud Technology 468

Payments Dive

DECEMBER 4, 2024

The payments processor predicts fraud-fighting tools, embedded payments and comprehensive point-of-sale systems will be center stage in 2025.

Trends 395

Trends Payments Fraud Tools 395

Abrigo

JANUARY 21, 2025

Fraud and AML/CFT suspicious activity monitoring is a cornerstone of any AML program and a critical part of a financial institutions safety and soundness. The project manager will lead seasoned investigators assigned to augment your AML/CFT or fraud staff to fit your unique needs.

Fraud 221

Fraud Training Analysis Compliance 221

Abrigo

FEBRUARY 6, 2025

Unfortunately, scammers take advantage of this time to exploit vulnerable individuals through confidence scams, one of the most prevalent and costly types of fraud in the U.S. billion of reported losses due to this type of fraud in 2023 and around 40,000 victims in the United States. Staying on top of fraud is a full-time job.

Fraud 221

Fraud social media Software Video 221

Abrigo

MARCH 7, 2025

Staying compliant with Regulation E To avoid fines and reputational harm, financial institutions should take proactive steps to ensure Reg E compliance: Train staff regularly on Reg E requirements and dispute resolution processes Review and update consumer disclosures to ensure transparency Implement strong fraud detection practices and monitoring (..)

Compliance 195

Compliance Regulation System Guidelines 195

PYMNTS

NOVEMBER 13, 2020

The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. Robust digital ID verification practices could make many fraud schemes a thing of the past, but many banks and businesses have yet to adopt them. More than 6.2 About The Tracker.

Fraud 242

Fraud US Mobile Study 242

PYMNTS

SEPTEMBER 22, 2020

The growth in digital transactions is also spurring a boost in friendly fraud, which occurs when legitimate customers either knowingly or unwittingly claim that they did not make legitimate purchases and seek reimbursement for them. It also analyzes how focusing on the customer experience can help prevent such fraud in the first place.

Fraud 255

Fraud Mobile Tools Study 255

PYMNTS

MAY 18, 2020

Mastercard has announced a series of consumer protections aimed at protecting customers and merchants from fraud at fuel stations. The enhanced consumer protection program was designed to provide merchants and banks with tools to help them navigate the heightened risk of fraud, Mastercard said.

Fraud 196

Fraud Tools Security New York 196

Abrigo

NOVEMBER 14, 2024

Read “Combining AML and fraud teams at your financial institution: Benefits & logistics" Read the whitepaper Webinar AML/CFT & fraud hot topics for 2025: What to expect for Financial Crime Read More Whitepaper AML/CFT program readiness checklist Read More Webinar AML/CFT Requirements: Are you ready for FinCEN’s final rule?

Compliance 221

Compliance How To Training Software 221

PopularBank

NOVEMBER 14, 2024

Credit card fraud When an unauthorized person gains access to your credit cards, fraud may follow. Regardless of how they gain access, scammers can commit serious credit card fraud in seconds. Buy cards directly from the source to avoid fraud, or consider giving your loved ones or friends cash instead.

Fraud 98

Fraud social media Cards Security 98

PYMNTS

NOVEMBER 26, 2019

Buguroo, a Spanish cybersecurity company, uses biometrics tied to behavior and deep learning processes to root out fraud. Buguroo looks not only for new account fraud (NAF), but also fraud that is perpetrated when someone gains access to the system using stolen credentials.

Fraud 141

Fraud System Technology Groups 141

Jack Henry

JANUARY 30, 2025

Datos Insights recently shared their latest research on Cyber Top Trends for 2025. Unsurprisingly, artificial intelligence (AI) is a big deal and staying vigilant and informed is more important than ever.

Trends 97

Trends Fraud Security Technology 97

PYMNTS

FEBRUARY 2, 2021

However, QR code fraud is a challenge, with fake QR codes accounting for nearly 70 percent of fraud incidents related to mobile fraud. billion individuals worldwide are expected to leverage QR codes for payments by 2025, up from 1.5 trillion in 2025. A recent study found that at least 2.2 billion last year.

Fraud 215

Fraud Study Policies Industry 215

BankInovation

SEPTEMBER 25, 2024

This year, bank executives have been tasked with keeping up with generative AI and boosting their cybersecurity efforts in a fraud-ridden environment. The year has […] The post 11 bank tech execs to watch in 2025 appeared first on Bank Automation News.

Compliance 72

Compliance Fraud Regulation Innovation 72

PYMNTS

AUGUST 7, 2020

A recent survey revealed that 93 percent of United Kingdom gaming compliance managers anticipate growing numbers of chargebacks and fraud as the pandemic prods consumers to access online services. Gaming platforms were facing increasing instances of fraud before the pandemic began. by 2025 and to experience an 11.5

Online 222

Online System Fraud Video 222

PYMNTS

OCTOBER 16, 2019

billion Internet of Things (IoT)-connected devices around the world by 2025. Concerns over security breaches and data privacy remain high, however, so providers will need to be sure users are properly protected from all manners of fraud as this ecosystem grows. There will be 41.6

Millennials 191

Millennials Fraud social media Study 191

PYMNTS

JANUARY 8, 2020

A recent study projected that the number of digital IDs in circulation — including centralized, federated and self-sovereign identities, as well as those issued by commercial enterprises and governments — will exceed 3 billion by 2025. Nations around the world are continuing to implement digital ID systems.

Fraud 169

Fraud Cards Security National 169

Jeff For Banks

MARCH 3, 2025

Our recognition as the #3 community bank in the state by GOBankingRates in 2025 reflects our commitment to Growing, Together with the communities we serve. Enhancing Risk Management & Fraud Detection: Copilot can flag suspicious transactions in Excel, enabling quick action. Barclays AI fraud system is a benchmark (Forbes, 2024).

Community Bank 74

Community Bank Community Minnesota Security 74

PYMNTS

NOVEMBER 12, 2019

This is just one example of how the explosion of data can increase a company’s fraud vulnerabilities, but can also provide a solution if captured and utilized. Current and Future State of Fraud. Additionally, by 2025, nearly 30 percent of this global datasphere will be real-time information, up from 15 percent of all data in 2017.

Fraud 100

Fraud Data Tools User Experience 100

American Banker

JULY 31, 2024

In this month's roundup of top banking news, how the widespread CrowdStrike outage affected banks of all sizes, JPMorgan Chase's new tech bet for combatting rising fraud, what Project 2025 could mean for bankers and more.

Fraud 77

Fraud Industry Compliance Regulation 77

PYMNTS

AUGUST 29, 2019

Digital fraud continues to be one of the most pressing issues that marketplaces face today. Experts estimate that total fraud losses in 2018 totaled $3.9 Developments Around The Digital Fraud World. Businesses are turning to a variety of solutions to fight fraud, including leveraging blockchain technology.

Fraud 158

Fraud blockchain System Cards 158

PYMNTS

MARCH 10, 2020

billion by 2025, with $1.6 For this month’s Feature Story, PYMNTS spoke with NatWest’s head of effortless payments David Crawford about how the bank had to overcome miniaturization obstacles and fraud concerns when developing its biometric card. This market is expected to be valued at $3.5

Payments 272

Payments Louisiana Colorado Security 272

Abrigo

SEPTEMBER 6, 2024

You might also like this webinar, "Tackling operational risks: Strategies for check fraud and ransomware prevention." The reporting form for this rule will be published before its effective date of December 1, 2025. Stay up to date on AML/CFT and fraud trends. Here is what you need to know.

Compliance 195

Compliance Training Fraud Regulation 195

PYMNTS

MARCH 25, 2019

federal government tries to stem fraud and other losses in benefit programs, a new mobile app might just provide a way to do that. 534 billion: Projected value of the IoT healthcare market by 2025. As the U.S. While that happens, the payments industry is upping its game against counterfeit goods sold online.

Innovation 148

Innovation Fraud Regulation Data 148

PYMNTS

JANUARY 9, 2019

By 2025, online luxury sales are expected to triple, leading to an anticipated $91 billion in sales, one report noted. Stopping fraudsters can feel a bit like playing Whac-A-Mole for luxury retailers who want to protect customers and data, and no one wants to be the next retailer to experience a data breach or high-volume fraud attack.

Fraud 109

Fraud Retail Security Online 109

PYMNTS

JULY 25, 2019

The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques. An uptick in fraud also means a growing online fraud prevention market. Globally, it is set to increase 20 percent between 2019 and 2025.

Fraud 172

Fraud Analytics Security Data 172

The Paypers

DECEMBER 18, 2024

Revolut plans to extend its Revolut Pay security platform to crypto transactions in 2025, enhancing fraud protection for its customers.

Fraud 68

Fraud Security 68

PYMNTS

FEBRUARY 26, 2020

billion by 2025. Properly combining an AP automation solution with ERP software also offers firms full transparency over the entire invoice-to-payment-to-reconciliation process as well as visibility into workflows, all while cutting down on fraud. Upgrading ERP Simultaneously With AP Automation.

Software 209

Software Fraud Resources Tools 209

PYMNTS

SEPTEMBER 15, 2020

They must reassure customers they are safe from viral contagion in sharing economy spaces while ensuring their personal data is secure from rising incidents of fraud. Payments providers are seeking more secure and compliant ways of onboarding and authenticating customers to help deter online fraud.

Report 206

Report Los Angeles Fraud Utah 206

PYMNTS

SEPTEMBER 23, 2019

Meanwhile, better spend management is doing wonders in other parts of the economy, B2B is getting more integrated and fraud prevention is getting more robust. 51 percent: Estimated CAGR of global SMB online platform market through 2025. Data: $10 million: Amount of fresh funding for smart-cart tech firm Caper.

How To 122

How To Video Fraud Payments 122

PYMNTS

FEBRUARY 18, 2020

percent, and is expected to be a $102 billion eCommerce market by 2025. The region also experiences some of the highest fraud rates, in both finance and eCommerce. percent of web-sourced revenue in the region is lost to fraud, according to CyberSource. An average of 1.6

Regional 171

Regional Lending Fraud Maine 171

PYMNTS

SEPTEMBER 17, 2020

billion by 2025.”. It’s known that many colleges and universities would fail their final when it comes to online security and fraud defenses. One recent report found that the IAM technology market is predicted to grow from $7.6 billion this year to $15.3 Testing Limits, Pushing Boundaries.

Video 251

Video Resources Course Online 251

PYMNTS

SEPTEMBER 20, 2019

Plot Thickens as FBI Probes Alleged MyPayrollHR Fraud. Financial institutions currently control the international payments sector — anticipated to reach $2 trillion globally by 2025 — but startups will continue to crowd the market, taking 15 percent of banks’ revenues. Bank: Machine Learning Is Banks’ Best Bet Against Fraud.

Fraud 108

Fraud Payments Bitcoin Lending 108

PYMNTS

OCTOBER 4, 2019

In digital banking, consumers want the type of financial services control that could potentially decrease their risk for fraud and leave them responsible for more authentication tasks. 80 percent: Anticipated growth rate of the restaurant industry’s off-premise spending by 2025.

Fraud 116

Fraud Digital Banking Data Retail 116

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. percent by 2025. Shell employs 8,500 people in India and retails fuel in six states. . The global smart fleet management industry was valued at $290.9

Cards 159

Cards Operations Fraud Management 159

Abrigo

JANUARY 3, 2024

1, 2025) to file their initial BOI reports. Stay up to date on AML/CFT and fraud trends with more professional development. We can help you navigate changing AML/CFT and fraud regulations. Some key provisions of this rule for the beneficial ownership changes in 2024 include the following: The rule is effective Jan.

Fraud 221

Fraud Regulation Report Compliance 221

American Banker

DECEMBER 25, 2024

New tools, new partnerships and a new focus on combating increasingly complex fraud schemes will take center stage in the new year. This could be a turning point in a long-running battle.

Fraud 62

Fraud Tools Technology 62