Category: Risk & Fraud
Navigating the Era of Cybercrime as a Service
Just as banks are digitally transforming their operations, criminals have digitally transformed the way they rob banks. No longer does a crook walk into a bank branch with the hope of getting away with thousands....
What is the Confirmation of Payee Initiative and Why Should You Care?
In the latest episode of The Payments Podcast, host Rich Williams is joined by fraud specialists Jack Gianella and Julien Laurent to discuss U.K. business payments and how the Confirmation of Payee initiative plays its...
Risk Management Hubs Offer Banks the Best Protection against Multi-Point Financial Fraud Attacks
The risk of cyber fraud continues to grow, even as ways to fight it become more sophisticated – like the use of artificial intelligence and risk management hubs. Partly to blame is the rapidly increasing...
Survey Reveals Integration Is the Biggest Barrier to Innovation in Payments and Banking
In a recent survey of AFP conference attendees, professionals weighed in on the most pressing factors currently influencing innovation in the payments and banking industries — from the rise of Artificial Intelligence (AI) in processes...
The Future of Global Payments and Banking: What Are the Experts Saying?
Bottomline Technologies recently released its second annual look into the future of global payments and banking. The eBook, sponsored by Visa and the Fintech Power 50, is a treasure trove of insights and predictions from...
Manufacturers Face Unique Challenges When It Comes to Ensuring Accounts Payable Security
Complex Supply Chains Present Fraudsters with Multiple Points of Attack Never underestimate the importance of accounts payable security. By its nature, the manufacturing industry has always been associated with intricate processes and cutting-edge technology. Whether...
New Payment Services: The Threat of Tech Giants
The first 4 parts of this 5 part series focused on payment innovation, the difference between Open Banking vs. PSD2, new banking and payment services and the latest fraud prevention measures to combat fraudsters. This...
AFP 2019 Day 2: Fraud, Fraud and More Fraud
Overheard on the shuttle to the AFP 2019 convention center in Boston, “Just last week I was consulting with a customer who was a victim of a business email compromise attack. It was the second...
New Payment Services: Financial Fraud Prevention Measures
The first 3 parts of this 5 part series focused on payment innovation, the difference between Open Banking vs. PSD2, and new banking and payment services resulting from the recent regulatory requirement entrants. This 4th...
Open Banking and PSD2: What’s the Difference and Why Should You Care?
With an unprecedented amount of change happening in the payments landscape, it can be difficult for organizations to navigate the various ways that new payment requirements like Open Banking and PSD2 will change how businesses...