Sharing fraud data a must for “jealous” banks
Banks must be more willing to share data and build cross-industry standards to beat fraud, according to Abdeslam Alaoui Smaili, CEO of HPS ... read more
Fraud
Fraud has evolved but the payments framework needs to follow
By Dave Excell, founder and CTO of Featurespace One of the biggest challenges facing banks, issuers and retailers around card-not-present (CNP) fraud ... read more
“Cat-like agility” required to beat fraudsters
By Felix Eckhardt, CTO, and Piet Mahler, COO, Risk Ident Preventing payment fraud is a 24/7 pursuit for a merchant – criminals ... read more
Regulatory divergence and presence of fraud causing pain within payments
Multijurisdictional regulations and the increase in fraud within payments have created a difficult environment for payments providers, says Zac Cohen, general manager ... read more
EU AML overseer unnecessary as NCAs have “right tools in place”
A series of money laundering scandals in 2018 have catalyzed discussion in Brussels about the formation of a centralized anti-money laundering (AML) ... read more
Lack of trust pushing users to bank-backed Zelle
Digital payment firm Early Warning’s chief data officer says trust still an issue for third party vendors Consumer trust remains a key ... read more
Crime costs rise as fintechs rely on “old school” security measures
The cost of fraud to financial services increased by 9.3% over 2017, according to research conducted by LexisNexis Risk Solutions. For every ... read more
The online shopping cart: how customer behaviour has changed
By Jasmine Zhu, AsiaPay
How can merchants tackle mobile payments fraud?
The growing prominence of the mobile channel begs one important question: how can merchants tackle fraudsters in this new environment?
Biometrics: Banking, fraud and financial inclusion
Could biometrics hold the answers to banking security, card fraud and financial inclusion? A conversation with Stan Swearingen, CEO, IDEX.
