FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Financial Institutions, such as banks, have expended great effort to improve digital security, yet bad actors are multiplying and attacks have increased in scope and frequency. million identity theft reports filed in 2021, many of which relate back to banks and lenders.

Online and Mobile Banking 52

Online and Mobile Banking Authentication Identity Theft Security 52

Payment Savvy

NOVEMBER 9, 2022

EFT payments are becoming increasingly popular as more and more people conduct their financial affairs online. Transferring money between your own accounts at different banks. These machines allowed customers to withdraw cash from their bank accounts without visiting a teller. But what exactly is an EFT payment?

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

FICO

NOVEMBER 7, 2022

US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential? Also known as scams or authorized user fraud, this multi-billion-dollar global fraud challenge is a real headache for consumers and banks. . FICO Admin. Tue, 07/02/2019 - 02:45.

Scams 52

Scams Authorization P2P Consumer Financial Protection Bureau (CFPB) 52