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Defending Your Fully Digital Wallet Against Fraud

FICO

This got me thinking about how the seemingly innocuous shift to digital is impacting things on a macro level. Both from a cash and a fraud perspective, my curiosity was piqued, and I fell down the rabbit hole to learn more. Fraudsters Love Digital Real-Time Payments All this rapid change is great for one thing — fraud.

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To Stop Scams, It’s Time to Add Sensible Friction to Easy Money

FICO

Now, I can practically send, transfer, or pay by accident by simply looking at my smartphone, which can make fraud prevention a real challenge. It’s about time we add some sensible friction to the real-time payment process as we race hellbent-for-leather down the digital freeway.

Fraud 52
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Fintech Fundings: 28 Companies Raise $400 Million Week Ending May 20

Fintech Labs Insights

Fraud detection for ecommerece & financial services. HQ: Charlston, South Carolina. Digital property & casualty insurance. Full-service digital bank. HQ: Charlston, South Carolina. Tags: Consumer, credit, deposits, banking, payments, credit/debit cards. Source: Finovate.