Tag: Fraud Prevention

Stay updated with insights on fraud prevention at PaymentsJournal. Explore trends, news, and expert analysis on strategies to prevent financial fraud and protect transactions in the industry.

Buckle up Now! ISO 20022 Is Set to Be a Bumpy Ride

by Joe Higginson

December 24, 2021

Originally published in 2004, interest in ISO 20022 has gained momentum in recent years. SWIFT has chosen to adopt it ...

Microsoft’s Solution That Helps Fight Fraud in Real Time

by PaymentsJournal

December 16, 2021

With the increasing sophistication of cybercriminals, fraud prevention is more important than ever before. To combat this sophistication, merchants and ...

£174m Scams Prevented Out of £753.9m Lost

by Tim Sloane

December 15, 2021

The Banking Protocol in the UK was designed to help prevent scams. Since its inception in 2016, it is reported ...

Improving Merchant Underwriting: Accelerating the Process Without Sacrificing Due Diligence

Major Trends Payment Organizations Should Be Prepared to Face in 2022

by PaymentsJournal

December 14, 2021

As the payments industry evolves, organizations need to be aware of the trends they will face in the coming years. ...

Anonymous Identity Verification: A Privacy-Friendly Way to Prevent Fraud

by PaymentsJournal

December 13, 2021

Fraud is an ever-growing threat for businesses and merchants alike. Scammers, who are more sophisticated than ever before, are increasingly ...

Jumio Acquiring 4Stop, Redefining the End-to-End Identity Platform

by PaymentsJournal

December 7, 2021

Palo Alto, Calif. — December 7, 2021 — Jumio, the leading provider of AI-powered end-to-end identity orchestration, eKYC and AML ...

CO-OP Launches Industry-First Machine Learning Fraud Scoring Model Built Specifically for Credit Unions

by PaymentsJournal

December 6, 2021

RANCHO CUCAMONGA, California – CO-OP Financial Services has added a new tool to its expanding suite of COOPER-branded machine learning ...

Combating Fraud with B2B Digital Payment Solutions

by PaymentsJournal

December 6, 2021

Traditional paper check usage has been on a downward trend for decades. Consequently, more organizations are aiming to incorporate digital payment ...

iDenfy New Identity Verification Tool Leverages NFC Technology to Confirm Real Users

by PaymentsJournal

November 30, 2021

Kaunas, Lithuania (November 30, 2021) - Identity verification provider iDenfy announced today that they have launched a new near-field communication ...