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Current fraud defences aren’t working. Fraud engines need supercharging!
As digital commerce becomes a mainstay of everyday life, better automation in monitoring transactions for fraud is a necessity. Despite the best efforts of our industry, payments fraud continues to... read more
The post Current fraud defences aren’t working. Fraud engines need supercharging! appeared first on Payments Cards & Mobile.
Consumer concerns on cybercrime rise as faith in anti-fraud disappears
A study from digital identity experts iProov shows that consumers in both the US and UK believe the threat of cybercrime is rising even as their ability to spot fraudulent... more
The post Consumer concerns on cybercrime rise as faith in anti-fraud disappears appeared first on Payments Cards & Mobile.
Genesis: The underground e-shop with digital doppelgangers to bypass anti-fraud solutions
Kaspersky Lab has published the results of an investigation into Genesis, an e-shop that is trading over 60,000 digital doppelgangers, stolen and legitimate digital identities, making successful credit card fraud that much... more
The post Genesis: The underground e-shop with digital doppelgangers to bypass anti-fraud solutions appeared first on Payments Cards & Mobile.
New anti-money laundering platform launched in UK
Pay.UK’s Faster Payments team has announced the official launch of the anti-money laundering Mule Insights Tactical Solution (MITS) following a successful pilot by participants of the UK’s real-time payment service.... more
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