PYMNTS-MonitorEdge-May-2024

fraud protection

Inside Synchrony Financial’s AML Playbook
Inside Synchrony Financial’s AML Playbook
October 10, 2019  |  Digital Banking

Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Many want more options and control when it comes...

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How US Bank Is Using Machine Learning To Tackle Fraud
How US Bank Is Using Machine Learning To Tackle Fraud
September 18, 2019  |  Digital Banking

For FIs, staying secure requires a fundamental shift in how they protect against account opening fraud and synthetic identity theft, says Dominic Venturo, executive vice...

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Keeping Customers Safe (And Satisfied) With Call Center Innovation
Keeping Customers Safe (And Satisfied) With Call Center Innovation
September 05, 2019  |  Today In Data

Call centers need to ensure that they provide a robust customer experience via multiple channels, but that need can make the authentication process tricky in terms of...

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The Credit Union Loyalty Disconnect
The Credit Union Loyalty Disconnect
July 23, 2019  |  Innovation

When it comes to loyalty and rewards innovation, credit unions (CUs) and their members don’t always see eye to eye. Loyalty and rewards innovation tops...

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RHB Bank Launches Dynamic CVV Codes To Fight Card Fraud
RHB Bank Launches Dynamic CVV Codes To Fight Card Fraud
July 22, 2019  |  Banking

RHB in Malaysia is introducing fraud protection cards with mini screens on the back that auto-generate new card verification value (CVV) numbers, according to reports....

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Report: Minding The Mobile Card Services Interest Vs Usage Gap
Report: Minding The Mobile Card Services Interest Vs Usage Gap
July 10, 2019  |  Mobile

Smartphones deliver alerts on everything from when a storm is coming to when a favorite actor is in the news. They can also let consumers...

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How Wells Fargo Uses AI, Biometrics To Fight Money Laundering
How Wells Fargo Uses AI, Biometrics To Fight Money Laundering
March 13, 2019  |  Digital Banking

With fraud attempts continually on the rise around the world, financial institutions have their work cut out for them. They must remain fully compliant with...

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Warren Seeks Better Fraud Protection For Gov’t Prepaid Programs
Warren Seeks Better Fraud Protection For Gov’t Prepaid Programs
January 11, 2019  |  Security & Fraud

Sen. Elizabeth Warren, D-Mass., has asked the Treasury Department to boost fraud protection in the Direct Express prepaid program after hundreds of federal benefits recipients...

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Why Consumers Will Shrug Off The Marriott Breach
Why Consumers Will Shrug Off The Marriott Breach
December 03, 2018  |  Security & Fraud

In 1954, mathematician L.J. Savage published research about how consumers process information when making decisions. Dubbed the sure-thing principle, Savage’s work showed that consumers consider...

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