Real-time payments, real-time risk. As consumers embrace real-time transactions, financial institutions (FIs) must recalibrate their fraud-fighting strategies. In an interview with PYMNTS, Kannan Srinivasan, senior director of risk strategy and analytics for Fiserv, said the bad guys are constantly shifting tactics — so the battle...
Investing money into detecting, mitigating and preventing fraud has become just another part of doing business. But rather than the fraud department being seen as just another cost center to throw money at, it may be time for senior leadership to start looking at business-driven...
January 20, 2023
New PYMNTS data shows that businesses’ accounts receivable operations have been underfunded for fraud prevention. Compared to their accounts payable counterparts, the investment deficit has created a gap — and risk — that needs to be closed. This, according to findings in “The Overlooked Importance Of Securing Incoming Payments,” a PYMNTS and nsKnox collaboration that is part […]
November 26, 2019
Real-time payments, real-time risk. As consumers embrace real-time transactions, financial institutions (FIs) must recalibrate their fraud-fighting strategies. In an interview with PYMNTS, Kannan Srinivasan, senior director of risk strategy and...
May 02, 2017
Investing money into detecting, mitigating and preventing fraud has become just another part of doing business. But rather than the fraud department being seen as just another cost center to...
