The Fintech Times

AUGUST 17, 2024

Empowering businesses NeuroID’s behavioural analytics solutions are available through CrossCore on the Experian Ascend Technology Platform as a key fraud-detection capability. Experian’s identity verification and fraud prevention solutions helped clients avoid an estimated $15billion in fraud losses globally last year.

Risk 59

Risk Fraud Detection Bots Identity Theft 59

Finovate

JUNE 4, 2024

. “Trulioo is proud to partner with Mastercard and shares their dedication to industry-leading business verification and fraud prevention,” said Trulioo CEO Steve Munford. “As organizations navigate the complexities of the digital payments industry, fraud and business identity theft are constant threats.

Identity Theft 59

Identity Theft Visa Verification Fraud Prevention 59

Seon

SEPTEMBER 11, 2023

As neobanks evolve, the one downside of their innovation is that it opens up many new methods of attack for fraudsters, such as identity theft, fraud rings, and account takeover attacks. We know neobank risk teams must stay aware of evolving threats and take an active approach to closing those routes to fraud.

Identity Theft 52

Identity Theft Money Laundering Account Takeovers Fraud Prevention 52

The Fintech Times

FEBRUARY 21, 2024

The need and desire for fraud protection has evolved. Once simply viewed as a necessary overhead, good fraud prevention measures are now a very strong way of obtaining new customers and keeping existing ones. Identity theft to open a new account is the top-ranked concern at 30 per cent.

Consumer 122

Consumer Security Identity Theft Account Takeovers 122

Finovate

MAY 10, 2024

Founded in 1980 and originally known for its consumer credit reporting, Experian has extensive access to data and has added fraud prevention offerings, identity theft protection, credit building tools, and a loan comparison marketplace.

Underserved 59

Underserved Consumer Identity Theft Underwriting 59

FICO

MARCH 8, 2021

Continue reading to learn more and find out five ways to protect yourself from tax refund fraud. How do fraudsters commit tax refund fraud? How to protect yourself from tax refund fraud. With crimes like tax refund fraud, prevention is the best approach. Here are five simple steps you can take. File early.

Tax Refunds 52

Tax Refunds Identity Theft IRS Returns 52

The Paypers

NOVEMBER 7, 2018

(The Paypers) As per the Indiana Department of Revenue , identity theft prevention programs have helped halt the improper payments involving taxes in 2018.

Fraud Prevention 28

Fraud Prevention Identity Theft Payments 28

PYMNTS

JULY 9, 2020

Breaches like those experienced by Equifax in 2017 and Capital One in 2019 may have contributed to the high prevalence of identity thefts reported in 2019, with new data revealing that such attacks comprised 20.33 percent of all fraud reported in 2019. Read the full story in the Playbook.

Fraud Prevention 104

Fraud Prevention Account Takeovers Authentication Identity Theft 104

Fi911

JULY 8, 2024

This type of fraud can take various forms, including identity theft, chargeback fraud, and phishing attacks. Acquiring banks have a vested interest in helping their merchant clients stop eCommerce fraud, as it directly impacts the financial stability and reputation of both parties.

Account Takeovers 87

Account Takeovers Fraud Detection Phishing Fraud Prevention 87

PYMNTS

MAY 21, 2020

This fraud could account for up to $20 billion of the $660 billion program, although the Small Business Administration (SBA) said that it would not hold banks responsible for issuing fraudulent loans and would instead prosecute fraudsters itself. The identity theft rate in 2019 was 46.4 This accounted for 20.3 percent of 3.2

Financial Crimes 52

Financial Crimes Crime Identity Theft Federal Trade Commission 52

Fintech Finance

MARCH 18, 2024

Equifax and VTEX , the composable and complete commerce platform for premier B2C and B2B brands, join forces to help fortify fraud prevention capabilities for merchants across the globe. ” The partnership aligns with the rising demand for robust fraud prevention measures globally in the e-commerce landscape.

Fraud Prevention 52

Fraud Prevention Fraud Detection Identity Theft Cybersecurity 52

PYMNTS

FEBRUARY 21, 2018

After the Mueller indictments, do banks’ “day zero” identity verifications need a makeover? We’re referring, of course, to the act of opening a bank account from scratch, from the beginning – providing everything from name, address, Social Security number, identity documents and the like….

Identity Theft 40

Identity Theft Rules Verification Accounts 40

The Fintech Times

MAY 21, 2024

million people) are classed as ‘digital ghosts’, lacking sufficient financial records to pass identity verification needed for accessing financial and government services, according to a new report. Despite this, identity fraud cost consumers $42.9billion last year. More than a third of Gen Z in the US (22.9

Verification 59

Verification Identity Theft Legal Financial Literacy 59

Seon

JULY 10, 2024

These may include various types of fraud, such as identity theft, account takeover, payment fraud and application fraud. Fraud transaction monitoring’s scope is narrow. For fraud prevention, these systems detect unusual patterns or suspicious activities indicative of fraudulent transactions.

Transactions 52

Transactions Fraud Prevention Regulatory Compliance Payments 52

Fraud.net

MARCH 29, 2024

Discover advanced fraud detection systems used by banks and explore the solutions offered by Fraud.net for proactive fraud prevention.

Fraud Detection 52

Fraud Detection Fraud Prevention Identity Theft Account Takeovers 52

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. Fraud orchestration can help solve this issue as it allows banks to build holistic fraud prevention defense systems and gain 360-degree views of their customers.

Authentication 52

Authentication Identity Theft Multifactor Authentication Fraud Prevention 52

PYMNTS

JUNE 22, 2020

company that develops technology to stop identity theft, has announced it will have a public offering of 1.5 For example, we have extended our technologies into online applications to provide enhanced safety, regulatory compliance and fraud prevention for the billions of transactions that occur online each day.

Regulatory Compliance 60

Regulatory Compliance Fraud Prevention Identity Theft Shutdown 60

PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. Deep Dive: How Banks Are Threatened With Identity Fraud.

Identity Theft 83

Identity Theft Financial Crimes Technology Crime 83

Fraud.net

JANUARY 19, 2024

Learn the best BNPL risk management challenges, fraud prevention strategies, real-time monitoring, advanced solutions and more.

Risk Management 52

Risk Management BNPL Risk Fraud Prevention 52

The Paypers

MARCH 8, 2017

(The Paypers) Assessing the fraud risk associated with an email addresses is an effective way to identify card-not-present fraud and identity theft

Risk Assessment 28

Risk Assessment Assessments Identity Theft Fraud Prevention 28

Seon

JANUARY 29, 2024

In layman’s terms, users may refer to account takeover fraud as account hacking – when they realize someone stole their online credentials. It is also considered a form of identity theft, because it happens when someone logs into an account that isn’t theirs to exploit it.

Account Takeovers 52

Account Takeovers Accounts Fraud Prevention Fraud Detection 52

The Payments Association

OCTOBER 4, 2024

Security concerns and fraud prevention One of the most significant challenges is the persistent threat of fraud. Cybercriminals are constantly innovating, targeting vulnerabilities in payment systems to carry out unauthorised transactions, identity theft, and data breaches.

Cross-Border Payments 88

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods 88

The Fintech Times

FEBRUARY 23, 2024

Deepfakes and threats of AI Such activity could lead to identity theft, which IDnow believes should be a concern to the UK public, especially given the rise in deepfake technology. They need to go further in terms of fraud prevention technology to meet their customers’ risk appetite, especially when their money is at stake.

Deepfake 69

Deepfake Continuity Risk Smishing 69

PYMNTS

NOVEMBER 16, 2020

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. In an interview with PYMNTS, Ragan said technology developments have enhanced the industry’s fraud-fighting strategies, but customer awareness is still a critical component of preventing bad actors from succeeding.

Identity Theft 118

Identity Theft Credential Account Takeovers Fraud Prevention 118

The Paypers

MARCH 16, 2017

(The Paypers) Identity theft cases have reached record levels in 2016, with young people being the growing target, Cifas , a fraud prevention organisation, warned.

Identity Theft 28

Identity Theft Fraud Prevention 28

PYMNTS

OCTOBER 12, 2020

Credit card fraud and identity theft volumes have both ballooned in recent months, and fraudsters have targeted in-store pickup as well, shooting fraud attempts up by 55 percent, according to one report. Shifting Payment Behaviors And Fraud .

Automation 79

Automation Fraud Prevention Identity Theft On-Demand 79

PYMNTS

OCTOBER 22, 2018

With risk, of course, due to endemic identity theft concerns – but also with a lot of reward. They use their phones to order food and to decide what they eat before they order. They shop, pay bills, book and manage travel – all digitally.

Identity Theft 73

Identity Theft Crime Risk Consumer 73

Fintech News

JUNE 6, 2024

Strengthening Defences: Banks’ Strategies to Combat Scams and Fraud To combat this growing threat, banks in ASEAN are implementing a range of measures to strengthen their defences against scams and fraud.

Scams 105

Scams Phishing Deepfake Verification 105

The Paypers

APRIL 29, 2016

(The Paypers) Uber has launched facial recognition verification for drivers in China to counter fraud, prevent identity theft and ensure the safety of its clients.

Verification 28

Verification Identity Theft Fraud Prevention 28

PYMNTS

MAY 6, 2020

Fraudsters can also carefully hoard a cache of stolen bank account data, credit and debit card information, Social Security numbers and other details to impersonate legitimate customers, using these details outright or cobbling them together to perpetrate identity theft, new account fraud and gain entry to other platforms.

Fraud Prevention 72

Fraud Prevention Money Laundering AI Identity Theft 72

Stax

AUGUST 22, 2024

Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. Fraud prevention and detection The first step is to install advanced fraud detection systems in your overall technology infrastructure. Be aware of the latest news and trends in data, cyber security, and fraud.

Risk Management 88

Risk Management Risk Regulatory Compliance Payment APIs and Integration 88

PYMNTS

JANUARY 23, 2020

The country’s Ministry of Consumer Affairs is considering regulations to curb the problem and bring these marketplaces in line with other eCommerce businesses, which currently follow a different set of fraud prevention regulations. is facing fraud problems as well.

Phishing 64

Phishing Data Breach Breach Scams 64

PYMNTS

MARCH 29, 2017

Data and analytics startup XOR Data Exchange announced it will provide a free resource to online retailers to help businesses identify and mitigate the risk of identity theft.

Identity Theft 40

Identity Theft Compromise Data Breach Breach 40

PYMNTS

JANUARY 20, 2020

Banks, businesses and others still have numerous fraud problems to address, from text-based scams and phishing to synthetic identity theft. Businesses therefore must balance ease of use and security concerns when deploying fraud protection technologies.

Identity Theft 54

Identity Theft Fraud Prevention AI Scams 54

Fintech News

MAY 22, 2024

of respondents lost money to scams or identity theft in the past year, resulting in an estimated US$1 trillion in financial losses. In May, Fintech Global released its inaugural FinCrimeTech50 list, recognizing the world’s leading technology companies fighting money laundering, fraud and financial crime.

Financial Crimes 93

Financial Crimes Crime APACS Risk Assessment 93

PYMNTS

AUGUST 29, 2019

However, there is no consistent way of measuring fraud, as many victims are either unaware that they have been defrauded or have a vested interest in keeping their victimization private for fear of scaring off customers. Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region.

Account Takeovers 63

Account Takeovers Identity Theft Fraud Prevention Blockchain 63

FICO

APRIL 28, 2021

Elder fraud prevention is a cause I am passionate about, and one I blog on regularly. Remember, it does have personal information on it that could help thieves in an identity theft situation. I like this one from the U.S. And while it’s true that older citizens have been the U.S. I know it’s hard to be patient.

Identity Theft 52

Identity Theft Scams Consulting Fraud Prevention 52