Remove Fraud Prevention Remove Retail Payments Remove Romance Scams
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Retail Payments Fraud: How Consumers and Banks Can Fight Back

FICO

There’s a lot going on in the retail payments space – defined as transactions between two consumers, between consumers and businesses, or between two businesses. With any change, fraud comes hand-in-hand. For banks, and consumers too, that translates into more risk exposure and a much larger payment fraud challenge.

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UK Finance: Fraud is Down But Over £1billion is Still Stolen by Criminals – What’s Next for the UK?

The Fintech Times

. “Here, digital wallets, with their enhanced security through biometric authentication, could hold the key to helping reduce instances of fraud. In addition to this, it’s imperative the industry comes together to educate both consumers and merchants and bolster fraud prevention without impeding innovation.”

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Fraud Trends for 2022: Top 5 Includes "Scamdemic" and Bad Bots

FICO

Innovative Customer Communications for Fraud. Detecting possible fraud is important, but what you do with that suspicion may matter even more. Taking the most strident fraud prevention actions might seem the intuitive answer but suspicion is often unfounded, and most customers are not fraudsters. See all Posts.

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