How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud
PYMNTS
FEBRUARY 19, 2020
They seek to test every new payment type (across small and large merchants), as well as pinpoint weaknesses in firms’ fraud detection and mitigation programs. Their efforts are also widespread and nonstop, said Lerdal of the cybercriminals who band together to attack financial institutions (FIs) and their end customers.
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