FRAUD PREVENTION
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Legislators ask banks for P2P payments, social media scam
Three members of Congress said on Thursday (July 3) they sent a letter to each bank that owns the Zelle…
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Legislators Zero in Checking Fraud Crisis
Regulators and lawmakers are re-examining payment fraud, and as a result, federal actions could be addressed to the growing challenges…
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NACHA updates resources to help protect seniors from fraud
NACHA’s Payment Innovation Alliance has updated two tools it offers to help financial institutions protect seniors from financial fraud. To…
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Is fraud risk assessment just an academic exercise?
Fraud risk assessment is allegedly an important part of protecting a company, but is this just an academic exercise? I…
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WorldPay and Visa team help businessmen fight fraud
WorldPay is expanding its partnership with Visa to enhance the company's 3D security solutions. WorldPay said in a press release…
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App Store blocked $2 billion in fraud last year
Apple said its App Store prevented more than $2 billion in fraudulent transactions last year. The tech giant said on…
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What does this person look like?
Please note that I will not provide a job description for the fraud auditor. Instead, find the right person with…
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“The bigger the bullet, the thicker the armor”
Highlights Faced with rising fraud that exceeds traditional defense capabilities and targets human factors, financial institutions must adopt an active…
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Grid updates authentication to combat AI-driven fraud
Plaid has updated its Identity Verification (IDV) product to deal with threats posed by fraudsters using artificial intelligence. The company…
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Google expands AI tools to combat evolving scam strategies
Google announced the launch of a fresh kit on Thursday (May 8) Artificial intelligence (AI) has powered security features Protect…
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