The Rise And Fall Of Faster Payments Fraud
PYMNTS
AUGUST 3, 2017
Back in 2004, fraud was on the rise globally. In 2007, fraud losses decreased. As fraud losses tripled over the next three years, it became very clear that Stronger Authentication wasn’t strong enough. Fraud losses skyrocketed. Once again, banks needed a new type of solution. s mistakes. Setting the Scene.
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