FICO

FEBRUARY 19, 2020

To compete against them, real-time payment schemes need to offer higher value transactions coupled with ease of use and lower costs. Operators of real-time payment schemes need to make sure that their drive for market share doesn’t lead to fraud concerns being overridden by competitive instincts.

Real Time Payments 92

Real Time Payments Financial Crimes Crime Account Takeovers 92

FICO

DECEMBER 5, 2017

Authorised push payment fraud has been made more attractive to criminals since the advent of real-time payment schemes, such as Faster Payments in the UK — crooks can quickly take the money and run. Authorised push payment fraud schemes are many and varied, some common attack types include: Attacks on Individuals.

Romance Scams 52

Romance Scams Real Time Payments Scams Payments 52

FICO

APRIL 29, 2022

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.

Retail Payments 52

Retail Payments Zelle Consumer Romance Scams 52

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