PYMNTS

JANUARY 3, 2019

The report found that while eCommerce merchants are mostly focused on the point of transaction and session and behavioral monitoring, as well as validating the identity of a user before any transaction, they should take a more pressing role in preventing CNP fraud. “A Its EMV 3-D Secure Protocol and Core Functions Specification v2.2.0

EMV 60

EMV Fraud Detection Consumer Authentication Authentication 60

The Paypers

MAY 25, 2018

(The Paypers) iovation , a provider of device reputation and behavioural insights for fraud detection and consumer authentication, has announced several new capabilities to its FraudForce solution.

Fraud Prevention 28

Fraud Prevention Fraud Detection Consumer Authentication Authentication 28

PYMNTS

FEBRUARY 19, 2020

Game-changing identity/security edicts like the European Union’s second Payment Services Directive (PSD2) and its strong consumer authentication (SCA) requirement has hit implementation snags , further complicating matters. Bottom line: Fraud losses are expected to hit $48 billion annually by 2023 – more than double the 2018 losses.

Law Enforcement 52

Law Enforcement Fraud Detection Bots Phishing 52

FICO

MAY 3, 2023

In the 2023 FICO Global Scams Survey , we asked consumers worldwide what they think banks could do better to combat scams and create a better customer experience for victims. In some markets, like Malaysia and Indonesia , this figure exceeds 75%, though in Germany only half of consumers agree. Debbie holds a B.A.

Scams 10

Scams RTP Fraud Detection Real Time Payments 10

Finovate

OCTOBER 16, 2024

Transaction validation in real time Firms may have difficulty validating incoming payments instantly, especially considering the need to check for insufficient funds and fraud, plus ensure compliance, all in real time. They can also use AI tools for fraud detection to help banks validate transactions without human intervention.

FedNow 59

FedNow Instant Payments Disputes Federal Reserve 59

PYMNTS

MAY 22, 2018

Jim Peck, TransUnion’ s president and chief executive officer, said “iovation has unique device identity and consumer authentication capabilities that help businesses and consumers seamlessly and safely transact in a digital world,” in the press release announcing the deal.

Authentication 40

Authentication Consumer Authentication Verification Transactions 40

FICO

APRIL 26, 2023

Better detection Overwhelmingly, customers want banks to improve their fraud detection capabilities to stop scams before they happen. Debbie has 25 years product management and product marketing experience in fraud management and financial services. Debbie holds a B.A.

Scams 52

Scams RTP Push-to-Card Fraud Detection 52