Tag: Fraud Management

In a rare victory against elder financial fraud, KeyBank has recovered $2 million stolen from some of its oldest customers—a ...

When a financial institution’s customer is tricked into sending a payment, there has often been little recourse for the victim. ...

Digital transformation has accelerated the evolution of financial transactions dramatically in the last decade. Gone are the days when paper ...

The recent emergence of generative AI (artificial intelligence) tools such as ChatGPT has captured the world’s attention, including that of ...

As the holiday season approaches, merchants should be aware that as overall sales increase, so will fraud. In fact, the ...

Fraud poses a threat to merchants and consumers year-round. But the holiday season is an especially attractive time for fraudsters ...

Elon Musk put the payments industry on alert with filings that Twitter could enter the payments space in the near ...

Mercator research examined the surge of fraud amidst the pandemic. It identified three major areas: low traffic industries (travel and ...

Many retailers still believe that they must focus on either chargeback guarantees or approval guarantees. In reality, e-commerce merchants should ...

Merchants, their acquiring banks, and payment service providers (PSPs) all face a daunting challenge: They’re under pressure to reduce ever-increasing ...