FICO

JANUARY 22, 2020

There has been a proliferation of real-time payments fraud, as new near-instant payment platforms, including person-to-person (P2P) transfers and mobile payment platforms grow across Asia Pacific. . Real-time Payments Fraud Defence Strategies. Real-time Payments Fraud: Time For Convergence.

Real Time Payments 52

Real Time Payments APACS Multifactor Authentication Account Takeovers 52

PYMNTS

SEPTEMBER 26, 2019

This month’s Deep Dive explores how push payments speed transactions, as well as the benefits and potential challenges of their use in real-time payment systems. Common forms of pull payments include debit cards and paper checks. Pull payments do carry risks for both merchants and payers, however.

Payer 67

Payer Real Time Payments Push-to-Card Payee 67

Seon

APRIL 18, 2024

Scale Your Defenses Meet fraud’s increasing volume and velocity Speak with an Expert Adding Fuel to the Fire: Real-Time Payments In the last two years, 77% of APP fraud cases originated from online sources, impacting roughly 85% of worldwide organizations.

Authorization 52

Authorization Technology Fraud Prevention Real Time Payments 52

PYMNTS

JANUARY 30, 2020

As faster and real-time payment schemes achieve ubiquity in more markets around the globe, speed is increasingly becoming the standard for payers of all kinds. By definition, real-time payments give financial institutions (FIs) almost no time to analyze and authenticate a transaction to prevent fraud and other financial crimes.

Faster Payments 43

Faster Payments APACS Real Time Payments Financial Crimes 43

FICO

DECEMBER 5, 2017

Authorised push payment fraud has been in the news recently, in the UK because of the Which Super Complaint. The advent of real-time payment schemes, such as Faster Payments in the UK, has made push payments more attractive to criminals because they can quickly take the money and run.

Real Time Payments 51

Real Time Payments Payments Irrevocability Account Takeovers 51

FICO

NOVEMBER 19, 2019

As the Which Super Complaint points out, with APP fraud UK consumers and businesses have been left unprotected, compared to other payment methods. Banks have given customers the ability to make real-time, irrevocable payments but have not given them protection if something goes wrong.

Irrevocable Payment 40

Irrevocable Payment Irrevocability Faster Payments Payee 40

FICO

JUNE 26, 2018

In the past year, three major economies — the Eurozone, the USA and Australia — have gone live with real-time payments schemes, Canada will follow in 2019 and many other countries are on the road to implementing real-time schemes. Real-Time Payments Equal Real-Time Crime.

Real Time Payments 63

Real Time Payments Instant Payments Irrevocable Payment Payments 63