Tags Payment fraud

Tag: Payment fraud

VendorInfo unveils bank account verification service to tackle payment fraud

VendorInfo, a segment of the Financial Operations Networks (FON), is renowned for offering specialised self-service vendor portals. These portals provide precise and timely tools, ensuring security, controls, compliance, efficiency, and scalability.

EPA calls for greater digital identity push in light of growing...

A whitepaper by the Emerging Payments Association (EPA) has detailed that a stronger focus on digital identity could help combat soaring cases of financial crime.

Malware on POS at Landry’s restaurants leave payment card data exposed

The point-of-sale terminals at Landry’s restaurants have been hit with malware which intended to steal customer card data.

The UK’s finance industry prevented a total loss of £1.66bn in...

The UK’s finance industry prevented a total of £1.66bn in fraud during 2018; however, £1.2bn was still stolen by criminals during the same period, a new study from UK Finance finds.

Featurespace teams with everis to help combat payment fraud

Adaptive behavioural analytics fraud and risk management company Featurespace has teamed with everis to combat payment and account fraud.

FCA releases new rules on APP fraud

The Financial Conduct Authority has released new rules which will allow victims of authorised push payment (APP) fraud to complain to the PSP receiving the payment.

Online payment fraud to reach $48bn by 2023

Losses from online payment fraud is expected to reach $48bn by 2023, more than double that projected for 2018.

ACH Alert gets new patents to boost its fraud prevention tools

Electronic payments fraud protection solution ACH Alert has received a new patent to strengthen its fraud prevention tools.

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