PYMNTS

NOVEMBER 16, 2020

Consumers, of course, are ever-more dependent on digital connections and correspondence in the midst of economic headwinds and the public health crisis. “As COVID-19-related changes acted as a springboard, prompting further digital enablement and dramatically driving consumer adoption, she said.

Identity Theft 118

Identity Theft Credential Account Takeovers Fraud Prevention 118

PYMNTS

NOVEMBER 17, 2020

They can use fraudulent invoices to scam unsuspecting businesses and consumers or hijack legitimate email correspondence during property transactions to divert funds into the bank accounts of their choosing, for example.

Scams 89

Scams Account Takeovers Federal Trade Commission Real Time Payments 89

FICO

MARCH 26, 2018

They use social engineering and interception of correspondence to do so. An example of this is invoice fraud, where a criminal sends an invoice that purports to come from a legitimate supplier, but of course contains their own bank account details. Authorised Push Payment Fraud at the Point of Transaction.

Real Time Payments 88

Real Time Payments Irrevocability Push-to-Card Payments 88

M2P Fintech

MARCH 24, 2025

As blockchain transforms the BFSI sector, blockchain-based lending is expected to experience corresponding growth, driven by its potential to disrupt traditional lending models. Identity Verification: Provides a secure digital identity, simplifying verification and enhancing regulatory compliance. over the forecast period of 2024 to 2032.

Payment APIs and Integration 52

Payment APIs and Integration Blockchain Regulatory Compliance Compliance 52

PYMNTS

JULY 21, 2020

This month’s Deep Dive examines the ways that bad actors try to exploit P2P payment app users via scams and account takeovers (ATOs). This problem puts many at risk of falling victim to scams. It also details how payment service providers can up their defenses against such threats. Fraudulent Sellers.

P2P 60

P2P Scams Security Account Takeovers 60

PYMNTS

AUGUST 19, 2019

However, it wasn’t until this past March that the QSR launched a corresponding loyalty program. When you’re looking at account takeovers, for example, it’s predominantly automated bot attacks that have an identifiable signature,” Garner explained. “As In many situations, an AI can do the job all on its own.

Bots 43

Bots AI Account Takeovers Security 43

FICO

APRIL 8, 2020

For example, this process looks to establish there is a person such as Jane Smith and that she has the corresponding attributes such as date of birth and/or social security number. To prevent fraud and money laundering, activities must be secured with identity checks, including: When an account is accessed. Identity validation.

Accounts 52

Accounts Enrollments Authentication Verification 52