Payment Fraud

The Changing Landscape of the Payments Industry

With the changing landscape of the payments industry, consumers are demanding a frictionless user experience. Users do not want to be stepped up if it’s not necessary - they want, need, and expect immediacy.

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Parul Sharma
Posted July 19, 2018
Payment Fraud

The Device Deception: Top Tips for Payment Processors

Device spoofing continues to represent the highest attack vector for payment processors as fraudsters attempt to slip past device recognition systems.

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Stephen Topliss
Posted June 21, 2018
Payment Fraud

Growing Pains: Peer-to-Peer Payment Fraud is ‘Flourishing’

A barrage of press reports about cyberattacks on the bank-backed Zelle personal payments platform is putting a spotlight on the threats posed by peer-to-peer payment fraud.

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Alisdair Faulkner
Posted June 5, 2018
Payment Fraud

Cross-Border Payment Fraud: The Battle of the Bots Goes Global

The fact that a new report finds the first quarter of 2018 saw 210 million cyberattacks worldwide—a 62% jump from the same period last year—may not be that surprising. The fact that there was a record 1 billion bot attacks...

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Sharon Lucero
Posted May 29, 2018
Payment Fraud

The Unintended Consequences of PSD2

With PSD2 now officially in force, a new study finds 48 percent of major retailers in the UK have no idea what the directive is, let alone what it means to their business. Titled, “Unaware, Unprepared and Paralyzed: Retailer Readiness...

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Vanita Pandey
Posted January 30, 2018
Payment Fraud

PSD2 and Screen Scraping: Adjusting to a New Reality

Recently put into force throughout the European Union, the Revised Payment Services Directive 2 (PSD2) just might be the most disruptive payments law ever devised. But, aside from launching a new era in open banking, PSD2 also takes on a...

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Alisdair Faulkner
Posted January 22, 2018
Payment Fraud

PSD2 and its Global Impact

While the upcoming PSD2 regulations are focused on banking and financial institutions throughout the European Union, that doesn’t mean the impact won’t be felt elsewhere. After all, the digital economy has turned every business into a global business. Get to...

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Alisdair Faulkner
Posted January 12, 2018
Payment Fraud

PSD2 Goes into Force: What Challenges Lay Ahead?

It’s January 2018—do you know where your PSD2 implementation is? You’d better. Your fraud prevention efforts may be riding on it. Then again, so might your company’s future. This Saturday, January 13 marks the formal deadline for the Revised Payment...

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Vanita Pandey
Posted January 11, 2018
Payment Fraud

Payment Fraud and Friction in a Card-Not-Present World

Losses from payment fraud are expected to cost businesses more than $6 billion by 2018. In an effort to protect themselves, companies are often tempted to burden their customers with additional security measures. But, while the fear of payment fraud...

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Pascal Podvin
Posted December 19, 2017
Payment Fraud Risk-Based Authentication

PSD2: As Deadline Looms, Focus Shifts to Consumers

Much has been made about the affect the upcoming PSD2 regulations will have on businesses in the European financial services industry. But, sometimes lost in all of the discussion is just how this modernization will ultimately affect consumers. PSD2, of...

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Vanita Pandey
Posted September 7, 2017
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