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GIACT: It’s Time To Fight Back Against Fraud

PYMNTS

Melissa Townsley-Solis, head of GIACT , discusses one of the negative effects of COVID-19: the escalation of fraud in the payments arena. She stresses the importance of small businesses fighting back against fraud in 2021 in order to achieve economic recovery. Fraud was red-hot in 2020. Businesses across the U.S.

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Visa: Minimizing Fraud Risk And Protecting Merchants Amid The Digital Shift

PYMNTS

Here, Machicao explains how his firm helped clients protect themselves from escalating fraud risks with the COVID-triggered wave of CNP payments. The payment and fraud landscape is almost unrecognizable today compared to just a few short months ago. The following is an excerpt from What Did You Change?

Fraud 224
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Today In Data: The Future Of Data Security  

PYMNTS

With countless incidents of fraud occurring every day, some of which have made international headlines and impacted millions, cybersecurity and fraud prevention are top-of-mind for individuals and companies alike. How can they do that in an environment in which the security status quo is no longer appropriate?

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FICO Survey: US Consumers’ Payment Methods Linked to Fraud

FICO

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . US customers and their banks are familiar with different types of fraud including card, identity, and payment related frauds. This could be why U.S.

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FICO Survey: US Consumers’ Payment Verification Methods Linked to Fraud

FICO

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . US customers and their banks are familiar with different types of fraud including card, identity, and payment related frauds. This could be why U.S.

Survey 52
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How The Pandemic Accelerated The Shift To Digital Commerce

PYMNTS

Financial institutions and merchants that are hypervigilant with security will be rewarded with loyalty. In a 2019 PYMNTS eBook much like this, we made predictions for eCommerce in 2020 and the next decade. Unsophisticated fraud prevention strategies couldn’t adapt as the pandemic changed both how people shopped and what they bought.

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Survey: When Do Fraud Controls Ruin the Customer Experience?

FICO

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But the online shift has also created opportunities for financial institutions to demonstrate their strong fraud controls in the digital space.