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Retail Payments Fraud: How Consumers and Banks Can Fight Back

FICO

Increasingly, the scams involve cryptocurrencies; The New York Times also recently investigating crypto romance scams in which victims are lured into paying criminals with fraudulent, and irrevocable, transfers into digital wallets. How FICO's Fraud Detection Capabilities Can Help Your Organization Fight Retail Payments Fraud.

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How Can Banks Stop Authorised Push Payment Fraud?

FICO

Extra identity checks on payment transactions make it difficult for them to use stolen credentials to make payments. The results speak for themselves; using targeted profiling of customer behavior to spot scams, 50% more scam transactions are detected. Look Out for APP Fraud Signals – Develop the Rules.

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