Standard Chartered and Quantexa to tackle financial crime with contextual decision intelligence
by Ben Poole
The partnership provides the bank with a platform to conduct complex financial thematic investigations.
Home » Sections » Fraud Prevention » Minimizing Fraud Procedures
Minimizing Fraud Procedures
Background
Corporate treasury departments need a fraud prevention strategy that not only keeps pace, but is one step ahead of the fraudsters. To be truly effective, systems and processes needs to be able to spot fraud as they are developing – not just identify them once they're active. It is essential… Read more about Minimizing Fraud Procedures
SWIFT Customer Security Programme wins cybersecurity award
by Ben Poole
The CSP was launched a couple of years ago to drive industry-wide collaboration in the battle against the cyber threats.
Mastercard launches Threat Scan to assess bank fraud exposure
by Ben Poole
The solution is designed to identify authorisation system vulnerabilities for issuers before exploitation and fraud loss can occur.
HSBC deploys advanced financial crime detection systems
by Ben Poole
The system is designed to tackle the money laundering opportunities that criminals see in the complex world of global trade.
Accuity data reveals increased complexity of sanctions compliance and implications for global trade
by Ben Poole
Sanctioned entities have increased 37% over the past five years.
Nets and KPMG partner to launch AI-powered payment fraud prevention solution
by Ben Poole
Nets Fraud Ensemble uses machine learning to reduce fraudulent transactions by up to 40%.
Elavon selects Featurespace to launch fraud prevention capabilities and support PSD2 adoption
by Ben Poole
The fraud network is designed to help merchants to detect fraud and simplify the online checkout experience.
Entrust Datacard and JPMorgan Chase partner on email authentication
by Ben Poole
The Verified Mark Certificate is designed to help customers differentiate legitimate bank emails from phishing scams and spam.
Is no fraud possible?
by Jack Large
Probably not, but understanding the realities, and using simple best practices and effective technology will minimise your fraud
Visa introduces security suite to prevent and disrupt payment fraud
by Ben Poole
New payment security services to help defend against emerging and evolving threats targeting financial institutions and merchants.
Fraud is rampant but still UK’s FCA agrees to postpone SCA rules
by Jack Large
Threat to 25% of e-commerce transactions drives postponement when will EBA relent and accept reality?
Australia sees a decline in payment card fraud rate
by Ben Poole
The AusPayNet data has shown a decline in the rate of fraud for the first time since reporting of card fraud commenced in 2006.
Eftsure secures additional funding to fight payment fraud
by Ben Poole
The fintech plans on expanding its product suite to cover international payment verification.
UK Payment Systems Regulator sets implementation date for Confirmation of Payee
by Ben Poole
The move is designed to protect customers from Authorised Push Payment scams.
Who is responsible for detering payment fraud & cyber risk?
by Jack Large
PwC’s advice on how to go about it
How to ensure your company is protected against payments fraud
by Jack Large
Key Steps Towards Complying with SEC Accounting Controls
How to stop corporate payment fraud
by Jack Large
nsKnox new paradigm: Cooperative Cyber Security technology platform could eliminate corporate payment cyberfraud
Vendor on-boarding and compliance made easy
by Jack Large
Checklist from VendorInfo shows how
Which Digital Identity systems should you use?
by Jack Large
Bank-ID? ThreatMetrix? to be sure that you are talking to the right person
‘Blockchain bandit’ exploits weak private keys
by Graham Buck
A security test of the cryptocurrency Ethereum has exposed technology flaws that enabled a thief to access accounts.
Fighting fraud: latest advice
by Jack Large
Email vulnerabilities; protecting against payment fraud; beware 3DSecure; fraud underground shop; stopping chargebacks; fraud myths....
Payments & fraud keeping CFOs awake at night
by Jack Large
AFP 2018 Payments Fraud Survey shows major concerns and opportunities
Fraud: detect anomalies as they happen
by Jack Large
Aite study reviews how to use machine learning platforms and to reduce false positives by 63%, & increase CNP fraud detection by 177%
SWIFT report shows new modus operandi in cyberfraud
by Jack Large
Report reveals new modus operandi: mostly USD based; which beneficiary accounts used; payment value decreased; extended reconnaisance