Cybersecurity solutions to stop the fraudsters
Mastercard is the latest to upgrade its cyber offerings for businesses.
One of the biggest sources of fraud in most organisations is payment fraud. Typically the biggest sources of payment fraud are from: cheques particularly in accounts payable and disbursement accounts.…
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Mastercard is the latest to upgrade its cyber offerings for businesses.
Improve my fraud prevention and minimise our cyber security breaches
Its Cyber Secure solution aims to advance a set of integrated cyber capabilities for banks and their businesses.
A recent SWIFT webinar explored how technology and awareness can help defend against payment fraud.
New global study by the EIU and TransUnion shows how vital smooth digital transactions and National Digital IDs are in the post-COVID-19 era
PwC research finds 96% of executives have shifted their cybersecurity strategy due to COVID-19 and 40% are accelerating digitisation.
Jack and Ben review the key posts from the last two weeks on CTMfile
Both JPMorgan Chase and NAB have recently announced moves to help protect businesses from fraud while managing their cash flow.
Companies spent around US$15bn extra a week on technology during the pandemic’s first wave, but the huge surge in IT spend isn’t sustainable.
It aims to enable seamless transactions from one account to another anywhere in the world with end-to-end transparency and predictability.
New opportunities and problems BUT basics still the same and most organisations lose 5% turnover to fraud
Project Ubin’s fifth and final phase highlights commercial potential, paving the way towards live adoption.
New data from IBM pinpoints the top security risks for companies, with tips on how to improve cybersecurity.
The SAMLIT effort will be piloted this year, with the goal of launching in 2021.
A public-private partnership and the use of biometrics provide examples of cyber security in action.
Kyriba shows how to minimise fraud whilst maximising efficiency using workflow controls and payment screening
TransUnion quarterly global fraud analysis also examines the types of fraud targeting businesses and where it originates
Microsoft and Temenos are the latest to try and address the spike in financial crime.
The employee factor looms large for companies in the fallout from the pandemic crisis.
IBM and Fernergo partnering on software solutions to financial crime, as Mastercard and Oxford University offer cyber skills programme.
The 2020 AFP Payments Fraud and Control Survey revealed 81% of organisations were targets of payments fraud in 2019.
UK Finance data shows APP fraud losses rose to £456m in 2019, partly driven by criminals abusing online platforms to scam victims.
The bank says VoiceID registered twice as many attempted fraud hits in 2019.
A report from the firm finds trade misinvoicing is a significant obstacle to sustainable development.