The Problem With How Most Banks Use IP Address Checks To Fight Fraud
PYMNTS
OCTOBER 8, 2020
The growing cost of online fraud – and finding ways to detect it – has long been a costly concern of financial institutions (FIs). If you beat the geolocation fraud, you beat all the fraud,” Briggs said. For instance, Briggs recalled that he was once blocked from paying some large bills online while traveling in Italy.
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