Search Results for: fraud
Eye on Fraud: Visa Taps Expel for Cybercrime Duties; McAfee Enlists AI for Scam Detection
It’s a sobering part of the daily payments arena—fraud is unending and always evolving. That’s why payments and anti-fraud companies continue to create new services in an effort to keep up with the latest scams. Visa on Monday said it would make managed detection and response services from Expel Inc. …
Read More »How FedNow Can Spur New Anti-Fraud Strategies
The Fed’s new real-time payments platform will pose challenges for risk management. Here’s how to cope with that. The U.S. Federal Reserve made its FedNow instant-payments service live in July. It enables a faster flow of cash for companies and individuals, improving the overall flow of money through the U.S. …
Read More »Visa’s Friendly Fraud Rule Change Could Cut $1 Billion From Small Firms’ Chargeback Costs
Visa Inc. is touting recent changes to how chargebacks that could be first-party fraud, also known as friendly fraud, are processed as potentially saving small businesses globally $1 billion in costs over the next five years. Expectations are that the streamlined process will increase merchants’ ability to provide more accurate …
Read More »Tweaking Payments for Cannabis; Eye on Fraud; Cantaloupe Volume up 14%
Eye on Fraud: Global Ransomware Attacks Soar to a Monthly High; Cyber Attacks Hit Hospitality Merchants
Monthly global ransomware attacks hit an all-time high in March, totaling 460. That’s a 62% increase from the same period a year earlier, and a 91% increase from the prior month, according to the fall edition of Visa Inc.’s 2023 Biannual Threats Report. Leading causes for ransomware attacks are criminals …
Read More »The Fraud Practice Inc.
For more information click on web page
Read More »NoFraud
For more information click on web page
Read More »Advanced Fraud Solutions
For more information click on web page
Read More »