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Find here all the latest articles, news, and research on Payment Fraud and other Payment Fraud-related topics:

Find here all the latest articles, news, and research on Payment Fraud and other Payment Fraud-related topics:

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Stenn crashes after Russia money laundering case

News | Online & Mobile Banking | 13 Dec 2024

UK-based working capital digital platform Stenn has crumpled into administration following a reference to the fintech in a US criminal prosecution about a Russian money laundering case.  

regulation, money laundering, online fraud, payment fraud, fintech

Hertz to utilise Sift's AI-enabled fraud platform

News | Digital Identity, Security & Online Fraud | 20 Nov 2024

Sift, an AI-powered fraud detection platform, has announced that Hertz started utilising its AI-enabled fraud prevention platform to deliver optimised customer experiences and mitigate fraud. 

partnership, fraud prevention, online security, payment fraud, customer experience

Zimswitch chooses ACI Worldwide's solution to mitigate fraud in Zimbabwe

News | Digital Identity, Security & Online Fraud | 20 Nov 2024

Real-time payment software ACI Worldwide has announced that Zimswitch picked its Fraud Management and Payments Intelligence solution to safeguard Zimbabweans against payment fraud. 

partnership, fraud prevention, fraud management, online security, payment fraud

Preparing for the future of fraud prevention

Interviews | Digital Identity, Security & Online Fraud | 19 Nov 2024

We interviewed Justin Staskiewicz, Director of Fraud Solutions at CMSPI, about his advice for developing a future-proof fraud prevention strategy.


fraud prevention, fraud detection, AML, artificial intelligence, machine learning, ecommerce, ecommerce platform, treasury, online payments, payments , friendly fraud, merchant, payment fraud, fraud management

Citigroup investigated by US government agencies

News | Digital Identity, Security & Online Fraud | 18 Nov 2024

Multinational investment bank Citigroup has been probed by US government agencies, the DOJ, the FBI, and the IRS, over its ties to sanctioned Russian billionaire

fraud management, fraud detection, online fraud, payment fraud

3-D Secure findings highlight missed opportunities for online merchants

Voice of the Industry | Digital Identity, Security & Online Fraud | 01 Nov 2024

Ravelin’s CEO, Martin Sweeney, shares 3DS performance metrics and explains how merchants and PSPs can improve the online shopping and payment experience without compromising security.


3-D Secure, online shopping, merchant, online authentication, SCA, payment fraud, fraud detection, online fraud, fraud prevention, PSD2, regulation, exemption strategies, PSP, GDPR

Boosting acceptance rates with AI-powered TRA exemptions: webinar key insights and best practices

Voice of the Industry | Digital Identity, Security & Online Fraud | 16 Oct 2024

The Paypers recently hosted a webinar where Britanny Allen, Trust and Safety Architect at Sift, and Carmen Caballero, Digital Payments Group Manager at Nestle, discussed best practises on boosting acceptance rates with AI-powered TRA exemptions.


ecommerce, fraud prevention, TRA, SCA, customer experience, chargebacks, fraud detection, exemption strategies, artificial intelligence, GenAI, transaction monitoring, risk management, risk score, bot attacks, two-factor authentication, 3-D Secure, merchant, online payments, payment fraud

How merchants can prevent online fraud and chargebacks in digital goods markets

Interviews | Digital Identity, Security & Online Fraud | 14 Oct 2024

In this interview, Sandrine Vella, Payment and Fraud Director, and Andrea Nicoletti, Director of Customer Experience and Sales Administration at Nexway, share insights on the strategies merchants in the digital goods markets should consider to prevent online fraud and chargebacks.


digital payments, ecommerce, fraud management, fraud detection, online fraud, merchant, risk management, fraud prevention, payment fraud, digital wallet, mobile payments, e-wallet, artificial intelligence, false declines, customer experience, transaction monitoring, behavioural biometrics, online authentication, PSD2, PCI compliance

Unimarket and Finexio launch payment risk score for fraud prevention

News | Digital Identity, Security & Online Fraud | 13 Sep 2024

Unimarket, a provider of spend management solutions, has introduced the Payment Risk Score (PRS) in collaboration with Finexio.

partnership, product launch, fraud prevention, spend management, payment fraud

Identity orchestration: beyond mitigating risk to multiple benefits

Voice of the Industry | Online Payments | 10 Sep 2024

As fraud risk rockets and regulations tighten, customer identity and authentication management (CIAM) is top-of-mind for banks, financial services firms, and insurers (BFSIs). Netcetera’s Martin Zeisel says comprehensive, properly orchestrated CIAM has benefits beyond mitigating risk and maintaining compliance.

 

online payments, online authentication, identity verification, digital identity, payment fraud, fraud management, fraud detection, online fraud, fraud prevention, regulation, transaction monitoring, compliance, FIDO, biometric authentication, payments , EIDAS

CMSPI releases State of the Industry Report in partnership with leading merchants

Voice of the Industry | Online Payments | 03 Sep 2024

Callum Godwin, Chief Economist at CMSPI, discusses the State of the Industry Report launch and what readers can expect from the inaugural edition.


product launch, merchant, online payments, tokenization, payment fraud, payments , regulation, interchange fee, scheme fee

New UK APP fraud rules: what PSPs need to know

Voice of the Industry | Digital Identity, Security & Online Fraud | 29 Aug 2024

Gavin Punia and Nassos Kalliris from Bird & Bird outline the key requirements for UK PSPs under the new APP fraud reimbursement rules starting October 7, 2024.


APP fraud, regulation, payment fraud, scam, reimbursement, PSP

PT Wibmo Services Indonesia partners with Ayoconnect

News | Digital Identity, Security & Online Fraud | 12 Aug 2024

PT Wibmo Services Indonesia and Ayoconnect have joined forces to upgrade the security landscape in digital payments in Southeast Asia.

partnership, digital payments, fraud detection, fraud management, payment fraud

Payhawk partners with Marqeta to combat fraud

News | Digital Identity, Security & Online Fraud | 08 Aug 2024

Payhawk, a worldwide spend management solution, has partnered with Marqeta to prevent fraud and misuse of corporate funds using Advanced Card Controls.

partnership, fraud management, fraud detection, fraud prevention, payment fraud

How the European Verification of Payee regulation can improve payment security in Latin America

Voice of the Industry | Digital Identity, Security & Online Fraud | 08 Aug 2024

Ximena Aleman, Co-CEO & Co-Founder of Prometeo, shares insights into how Europe’s VoP regulation improves transaction security and its potential impact on Latin America's financial ecosystem.

fraud prevention, online security, payment fraud, Confirmation of Payee, payments , banking

NCA ceases Russian Coms' operations

News | Digital Identity, Security & Online Fraud | 06 Aug 2024

The National Crime Agency (NCA) has announced that it ceased the operations of Russian Coms, a platform leveraged by criminals to defraud victims globally. 

online fraud, identity fraud, payment fraud, fraud platform, data protection

Hong Kong expands the reach of the Suspicious Account Alert

News | Digital Identity, Security & Online Fraud | 05 Aug 2024

HKMA, along with the Hong Kong Police and the HKAB, have expanded the Suspicious Account Alert coverage for Internet banking and physical transactions.

fraud management, fraud detection, fraud prevention, anti-fraud initiatives, payment fraud

The ECB and EBA report reveals EUR 4.3 billion in fraud payments

News | Digital Identity, Security & Online Fraud | 02 Aug 2024

The European Central Bank (ECB) and the European Banking Authority (EBA) have published a collaborative report on payment fraud data.

report, payment fraud, partnership, fraud management, online authentication

Paving the way for PSD3 – ACI Worldwide interview

Interviews | Online Payments | 30 Jul 2024

Conversations are already buzzing around PSD3. We interviewed Darren Wood from ACI Worldwide on the impact of the proposed new regulations on the payments landscape, what it means for payments and fraud prevention strategies, and how stakeholders are adapting to stay ahead.


PSD3, regulation, online payments, payments , digital payments, payment gateway, fraud prevention, online fraud, fraud management, fraud detection, payment fraud, behavioural biometrics, synthetic identity, artificial intelligence, API, PSP, Open Banking, open data, Open Finance, AML, SCA, BNPL, digital wallet, PSD2, compliance, real-time payments

Shoulder surfing: the silent threat escalating in an increasingly mobile world

Voice of the Industry | Mobile Payments | 16 Jul 2024

James O'Sullivan, CEO and Founder at Nuke From Orbit, discusses the importance of safeguarding personal phones from the intrusive eyes of fraudsters committing shoulder surfing, trying to prevent data theft and other threats.


fraud detection, payment fraud, mobile money, mobile payments, identity theft, identity verification, identity fraud, risk management, multi-factor authentication, ATM, authorisation rate, financial data, cryptocurrency, digital wallet, e-wallet, biometric authentication, biometrics, shoulder surfing