Payments Dive

FEBRUARY 23, 2023

As the Federal Reserve prepares for a mid-year launch of its instant payments system, FedNow, it’s zeroing in on anti-fraud tools to protect users.

Fraud 468

Fraud Tools System Payments 468

PYMNTS

AUGUST 3, 2020

When it comes to B2B payments fraud, it’s not a matter of if it happens, but when. Speaking with Karen Webster in a recent interview , OnPay Solutions President and CEO Neal Anderson explained that organizations have to prepare themselves to mitigate the fraud threat, even as employees work from home. ” $4.13

Fraud 328

Fraud Payments Philadelphia Regional 328

PYMNTS

APRIL 10, 2020

This brings a longstanding challenge to the fore: Healthcare organizations have long struggled with fraud, waste and abuse (FWA), costing the United States healthcare sector more than $200 billion annually by some estimates. Moreover, the benefit cited by the greatest proportion of healthcare firms (65.6

Fraud 362

Fraud Payments System United States 362

Payments Dive

NOVEMBER 17, 2020

Mobile Payments Today interviewed André Ferraz, the CEO and co-founder of Incognia, a private identity company that provides fraud prevention by using frictionless identity location verification.

Fraud 448

Fraud Mobile Payments Company 448

Payments Dive

JANUARY 9, 2024

Swipe fee battles, real-time payments, fraud prevention and acquisition plans will be among the hot topics pulsing through the industry this year.

Trends 487

Trends Payments Fraud Industry 487

Payments Dive

NOVEMBER 29, 2023

PayPal is attacking illegitimate customer returns with new policies after a rise in e-commerce activity has fueled that type of fraud across the industry.

Fraud 458

Fraud Policies Industry 458

Payments Dive

JUNE 30, 2022

Yet another lawsuit related to alleged fraud on a peer-to-peer payment app targets digital payments company PayPal.

Fraud 397

Fraud Payments Company 397

Payments Dive

MAY 31, 2024

“The scale of fraud on the Zelle platform is unacceptably high,” National Consumers League Vice President John Breyault said.

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Fraud National 431

Payments Dive

MARCH 14, 2024

Consumer Reports Senior Director Delicia Hand said preventing fraud and scams is "crucial" for traditional and digital banks alike, as more of their customers use their mobile apps.

Fraud 459

Fraud Report Digital Banking Mobile 459

Payments Dive

JUNE 16, 2023

One in five consumers worldwide have been victims of payment fraud in the past four years, according to an ACI report.

Fraud 418

Fraud Report Payments 418

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

Payments Dive

JULY 14, 2023

Cleveland Fed President Loretta Mester in a speech this week spelled out tools the new instant payments system will have for thwarting fraud.

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Tools Fraud Cleveland System 370

Payments Dive

DECEMBER 19, 2023

Beating back fraud can feel “a bit like a vicious circle,” as the industry improves its capabilities and fraudsters pivot, said Tina Eide, an executive vice president focused on fraud at the card issuer.

Fraud 431

Fraud Trends Cards Industry 431

Payments Dive

JANUARY 18, 2023

From buy now, pay later to peer-to-peer payment fraud, there’s no shortage of payments targets for lawmakers and regulators.

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Washington Payments Fraud Regulation 476

Payments Dive

JANUARY 31, 2019

Mobile point-of-sale systems are a growing consideration for retailers, but carry a number of concerns about fraud and secure payment.

Fraud 391

Fraud Mobile Retail System 391

Payments Dive

OCTOBER 6, 2022

The card behemoth said it’s observing an increase in in-person fraud now that U.S. consumers are returning to their pre-pandemic shopping habits.

Fraud 438

Fraud Cards 438

Payments Dive

NOVEMBER 12, 2024

Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.

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Payments Survey Fraud Cards 434

Payments Dive

OCTOBER 27, 2020

Fraud is something that continually affects the financial industry. Mike Lemberger, senior vice president and regional risk officer for Visa, North America, explains ways that Visa is helping disrupt fraud before it costs consumers and businesses.

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Fraud Regional America Industry 397

Payments Dive

MAY 5, 2020

At the same time, consumers and merchants are increasingly exposed to a new level of fraud as bad actors are finding new methods and targets to take advantage of the online shift. COVID-19 has let to millions of consumers transitioning to online e-commerce purchases as retail stores have been forced to close or shift to delivery and pickup.

Fraud 419

Fraud Online Retail 419

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. Further, Nacha said, the survey revealed AP professionals are facing increasing fraud attempts that target AP processes specifically. But accounts payable is far from the only back-office financial workflow at risk of fraud.

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Fraud Payments Survey Lending 291

Payments Dive

JULY 12, 2024

Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.

Fraud 433

Fraud Payments Data 433

Payments Dive

MAY 25, 2023

Financial institutions and payments players are seeking to coalesce around new efforts to battle skyrocketing payments fraud.

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Fraud Payments 273

Payments Dive

FEBRUARY 9, 2024

With regulators gearing up to take a stronger stance against digital payments fraud, banks must focus on how they handle scams, says one executive.

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Fraud Regulation Payments 305

Payments Dive

JUNE 10, 2024

The three companies announced last Wednesday that they are teaming up to launch a free service intended to combat fraud and reduce the amount of transactions that are improperly declined.

Fraud 369

Fraud Capital Company 369

PYMNTS

SEPTEMBER 21, 2020

Artificial intelligence (AI) can improve the eCommerce experience – not just in terms of warding off fraud, but also in making sure payments can be processed efficiently and that the most effective payment gateways are accessed. At least some of that data, he said, can be gathered at the point of sale interaction.

Fraud 311

Fraud Payments Cards Security 311

PYMNTS

DECEMBER 29, 2020

While fraud affects less than 1 percent of all card purchases, consumers who do lose funds from their bank accounts must go through lengthy and often stressful processes to get their money back. Safeguarding debit card payments is increasingly important, with more consumers shopping online during the pandemic. About The Tracker.

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Fraud Cards Analysis Tools 303

Payments Dive

AUGUST 19, 2024

Electronic payments have become the norm for most B2B transactions. Oddly enough, that has been accompanied by a rise in check fraud. Here's what businesses need to know.

Fraud 294

Fraud Payments 294

Abrigo

JANUARY 24, 2024

Prevent fraud when adopting FedNow Credit unions can prevent fraud as they connect to FedNow. Use this guide to understand available tools and the steps AML and fraud teams should take. You might also like this FedNow implementation guide with details on appropriate AML/CFT and fraud considerations.

Fraud 221

Fraud Payments Software Policies 221

Payments Dive

NOVEMBER 10, 2024

In a new report, the card network detailed cyber schemes and scams that have led it to invest $11 billion over the past five years in improving its systems.

Fraud 466

Fraud System Cards Report 466

Payments Dive

FEBRUARY 7, 2023

Amex is the latest card company to tap a Google virtual card service aimed at increasing the security of online payments.

Google 430

Google Tools Fraud Cards 430

Payments Dive

SEPTEMBER 29, 2022

Credit card fraud tops the list of growing threats, but P2P and newer payment vehicles are quickly catching up, according to a recent poll of industry executives.

Fraud 221

Fraud Payments Cards Industry 221

Payments Dive

AUGUST 16, 2019

As the payments industry works to get through an 18-month delay in implementing Strong Customer Authentication, retailers and consumers remain vulnerable as criminal fraudsters will likely seek to take advantage of the lull.

Fraud 348

Fraud Payments Retail Industry 348

Payments Dive

MARCH 16, 2020

To streamline the enrollment process, while reducing the potential for fraud, GIACT released a new white paper, Mitigating Mobile Network Fraud with Secure Subscriber Enrollment , detailing the best practices in secure digital enrollment.

Fraud 313

Fraud Security Mobile 313

Payments Dive

MARCH 20, 2023

Apto Payments and Sardine are joining forces to offer commercial customers issuing cards better anti-fraud tools.

Tools 221

Tools Fraud Payments Cards 221

Payments Dive

DECEMBER 12, 2019

As a rising number of consumers use digital payments to conduct ecommerce transactions, businesses need to make sure their mobile apps are secure. Customer identity and payment information is increasingly at risk as fraud actors find new ways to compromise mobile platforms.

Mobile 347

Mobile Security Payments Fraud 347

PYMNTS

JANUARY 26, 2021

As real-time payment (RTP) schemes move from pilot to implementation worldwide, cybercrooks follow, drawn by the lure of instant ill-gotten gains at scale. percent of executives consider themselves ‘very’ or ‘extremely’ aware of Real-Time Payments, while 71.9 Safeguarding Irreversible Payments. PYMNTS recently reported that “66.7

Fraud 274

Fraud Los Angeles Tools Security 274

Perficient

NOVEMBER 30, 2022

Our Payments Practice recently had the opportunity to represent Perficient at the 2022 Real-time Payments & Fraud Management Summit held in New York City. . Real-time payments are going mainstream. . The key difference is real-time payment rails will transact and settle transactions instantly. .

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Fraud Management Payments New York City 275