Fraud Risk and Analytics

Explore the latest insights on Fraud Risk at PaymentsJournal. Stay informed with articles on fraud detection, risk management, and analytics. Stay protected!

Accounts Payable

Accounts Payable Fraud: Where to Spot It, and How to Prevent It

by Steve Murphy

March 5, 2021

The author of this referenced posting in Bloomberg Tax is the CEO of Beanworks, a 2012 startup out of British...

Are Market Forces Involved in the Higher Price for Stolen Credit Cards? Maybe Not.

Compliance and Regulation

Meeting the Growing Challenge of Financial-Crime Compliance

by Steve Murphy

March 4, 2021

Some readers may recall the SWIFT announcement last year of a strategic shift in direction to expand beyond financial messaging...

GIACT and Hudson Cook Breaks Down NACHA’s New Account Validation Rule

ACH

GIACT and Hudson Cook Break Down NACHA’s New Account Validation Rule

by PaymentsJournal

March 4, 2021

Businesses using ACH will soon have to comply with a new rule, the WEB Debit Account Validation Rule, related to...

How to Prevent Fraud in a Changing Commerce Landscape

Payment Automation

Automating Feature Selection Speeds the Application of Deep Learning to New Fraud Use Cases

by Tim Sloane

February 25, 2021

Featurespace claims to have implemented a breakthrough on its ARIC Risk Hub platform. By automating the identification of feature selection...

20% of small businesses prefer Swiped or Keyed pricing

Credit

Visa and Mastercard Interchange Increases Still Looming

by Raymond Pucci

February 25, 2021

Merchants are waiting for the other shoe to drop. That would be the delayed—but still planned for April—interchange fee bump...

hand holding mobile phone with spring discount coupon isolated over white

Partnerships

InComm Payments Partners with Intelligent Clearing Network to Provide Cloud-Based Solution Aimed at Preventing Paper Coupon Fraud

by PaymentsJournal

February 24, 2021

Partnership seeks to impact paper coupon fraud, alleviate validation processing and electronic clearing, and enable mobile redemption DALLAS – February...

How to Disrupt the Cycle of Merchant Fraud Loss

Security

Difficult to Exploit EMV Hack is Quickly Patched

by Tim Sloane

February 24, 2021

Researchers discovered an EMV man-in-the-middle vulnerability and notified Mastercard. Mastercard patch quickly eliminated the vulnerability. Don’t you wish it always...