PYMNTS

JUNE 2, 2020

The foreseeable changes stem from the already delayed strong customer authentication (SCA) regulations that are due to go into effect in Europe by the end of the year. Under the new SCA rules, merchants will need to be able to securely authenticate every customer before authorizing eCommerce transactions. The Path Ahead.

Compliance 55

Compliance Authentication Push-to-Card Fraud Prevention 55

PYMNTS

SEPTEMBER 28, 2020

Strong consumer authentication comes in several forms, and it’s time to pick one. “A This risk-based approach is key to detecting and stopping ATO attacks as well as preventing fraudsters from altering accounts to extend takeover while providing good [customer experiences] for [genuine] clients.”.

Financial Crimes 81

Financial Crimes Crime Due Diligence Federal Trade Commission 81

PYMNTS

NOVEMBER 16, 2016

The eCommerce fraud protection company, headquartered in Cleveland, Ohio, announced last Friday (Nov. 11) that it will be making its eCommerce authentication (CCA) platform available to thousands of small, emerging businesses; independent retailers; and entrepreneurs looking to get a piece of that $117 billion holiday pie.

Phishing 64

Phishing Authentication Scams Fraud Prevention 64

PYMNTS

FEBRUARY 18, 2020

In the rush to get new products and services to market, he said, FIs may forget about some of the fundamentals of fraud prevention – and smaller banks and CUs, with relatively scarcer resources than their larger brethren, may find themselves overwhelmed by the challenges of preventing fraud. Proactive Fraud Prevention.

Fraud Prevention 66

Fraud Prevention Account Takeovers Online and Mobile Banking P2P 66

PYMNTS

JULY 18, 2018

How exactly fraud attacks and fraud prevention will change in the post-PSD2 world remains unclear, but change is certain, according to observers. In fact, call center fraud already costs companies $0.58 The report covers ways in which call center operations are fighting fraud — including in Europe, the home of PSD2.

Fraud Prevention 41

Fraud Prevention Account Takeovers Online and Mobile Banking On-Demand 41

FICO

NOVEMBER 30, 2022

But there are other significant actions that, when implemented as a part of a layered approach to fraud prevention, can make a big difference in protecting consumers and lowering false positives. Discover how Customer Communications Services for Fraud can alert customers about potential scams in real-time. Debbie Cobb.

Scams 52

Scams Push-to-Card Fraud Prevention CashApp 52

PYMNTS

JANUARY 3, 2019

includes enhancements to support new authentication procedures for online purchases, which could help stop unauthorized card not present transactions. Its EMV 3-D Secure Protocol and Core Functions Specification v2.2.0

EMV 60

EMV Fraud Detection Consumer Authentication Authentication 60

PYMNTS

JANUARY 7, 2019

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Larger Trends. In fact, the Wendy’s fast food chain was recently hit with such a suit in Illinois.

Consumer 64

Consumer Laws Privacy Authentication 64

PYMNTS

JUNE 26, 2020

Many of these consumers are exploring digital banking for the first time, however, and are frustrated by customer onboarding pain points. Time-consuming authentication methods, redundant application forms and sluggish processes can all drive away potential customers.

Online and Mobile Banking 88

Online and Mobile Banking Checks Consumer Authentication Audit 88

FICO

APRIL 26, 2023

The challenge for banks is balancing the ease and convenience of RTP with fraud prevention for authorized push payment fraud (APP fraud) – without impacting customer experience. 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

PYMNTS

APRIL 27, 2016

Step Two: Demonstrate the effectiveness of a fraud model that relies upon social data based on a supervised learning approach to identity verification. consumers who were identified using names, addresses, phone numbers and dates of birth (DOB).

Verification 46

Verification Addressing Authentication Participant 46

FICO

MAY 3, 2023

As my colleague Adam Davies, vice president of fraud and identity solutions here at FICO recently noted , “Banks can avoid reputational and regulatory impacts by using the latest in fraud prevention technology, such as the FICO Platform, which can help identify and stop existing and emerging threats before they can impact customers.”

Scams 10

Scams RTP Fraud Detection Real Time Payments 10

PYMNTS

APRIL 27, 2016

While advancements to digital commerce and authentication technology have revolutionized a number of industries, one where their influence is perhaps most visible in the travel sector. Following this ideology, Ziolkowski incorporated 3D Secure technology as the organization’s fraud prevention tool.

Authentication 40

Authentication Issuers Fraud Prevention Best Practices 40