3 Things Banks Can Do to Tackle Push Payment Fraud
The pressure for banks to tackle push payment fraud is mounting – besides liability, the scope for bad publicity and loss of reputation is significant.
Sarah Rutherford
Sarah Rutherford manages global marketing for FICO's solutions across industries. Having worked as a marketing professional in the IT sector for almost 20 years, Sarah joined FICO following six years at Experian. An enthusiastic blogger, Sarah has blogged about subjects as diverse as identity management, fraud and cybersecurity, payments, women in the workplace and motivational sayings that are irritating!
All posts
Filter by:
What Is FRAML? And Why Is It Important?
FRAML stands for Fraud and Anti-Money Laundering. This simple term encompasses a very important trend, particularly for ...
Do Identity Checks Stop People from Opening Bank Accounts?
Our survey reveals what impact security measures and identity checks have on customers opening bank accounts.
Fraud and Security Policies, Do They Turn Customers Away?
When we asked about accessing accounts, it became clear that current fraud and security methods are a source of irritation for many customers.
Will PSD2 Increase Authorised Push-Payment Fraud?
Strong customer authentication makes some kinds of fraud more difficult and criminals will be looking for the next opportunity, such as authorised push-payment fraud.
Instant Payments Mean Real-Time Payments Fraud
The global adoption of real-time payments schemes, alongside the problems suffered by early adopters, has turned the focus to real-time payments fraud.
How Fraud Changes in the World of Real-Time Payments
Fraudsters are constantly looking for new ways to attack and real-time payments offers new vectors for attacks.
When Is a Real-Time Payment Not a Real-Time Payment?
There are three categories of payment that see value transferred instantly, or at least very quickly but are NOT real-time payment schemes.
Social Engineering and Push Payment Fraud – Who Should Pay?
The Which Super Complaint shows that consumers are increasingly looking to banks to solve the issue of authorised push payment fraud.
3 Reasons Why PSD2 Could Mean Fewer Card Transactions
PSD2 introduces some factors that could halt the growth in card usage – or even start to reverse it. Here are three trends to watch.
Will Your PSD2 Customer Authentication Stop Jenny's Purchase?
It wasn’t until I saw the final animation for ‘PSD2 and Jenny’s Washing Machine’ that it really dawned on me how exposed...
PSD2 Preparation – What Should Fraud Managers do First?
When the exact nature of the law is still being decided and the consequences of PSD2 are still unclear, where should you start?
Take the next step
Connect with FICO for answers to all your product and solution questions. Interested in becoming a business partner? Contact us to learn more. We look forward to hearing from you.