Current analysis on payment security, fraud prevention, AML/KYC, and PCI DSS compliance.
Fraud TypologiesUnderstanding the Data A recent survey by the Association for Financial Professionals reveals that 79% of organizations faced attempted or actual payments fraud last year. Despite significant investme
Fraud TypologiesOver 6.8 million compromised accounts hit criminal marketplaces in 2024, and your loyalty program members might not realize they re targets. When stolen airline accounts sell for nearly $30 each and h
Fraud TypologiesYour fraud detection system probably treats first-party fraud as a customer service issue, not a fraud category. That s the problem. First-party fraud accounted for more than a third of all reported f
Fraud TypologiesFraud analysts often face this dilemma. A customer disputes a charge they authorized, wires money after a call they initiated, or claims their card was stolen, yet the shipping address matches their p
Get weekly security insights and compliance updates delivered to your inbox.
Fraud TypologiesRecord Surge in First-Party Fraud Cifas, a UK fraud prevention consortium, reported a significant rise in fraud cases in its National Fraud Database during the first half of this year. While identity
Fraud TypologiesThe Challenge In 2025, Open Banking Limited tracked fraud across account providers representing over 60% of UK Open Banking payment volumes. The data highlighted a specific issue: while Open Banking h
Fraud TypologiesWhat Changed The financial industry is changing how it assigns responsibility for authorized push payment (APP) fraud. Nacha will require all non-consumer ACH participants to monitor for suspected fra
Fraud TypologiesScope This guide focuses on fraud detection controls for cases where consumers are manipulated into making authorized payments. It covers social engineering tactics used in authorized push payment (AP
Fraud TypologiesYour fraud prevention toolkit likely includes transaction monitoring and account takeover alerts. However, if you re waiting until after account opening to start fraud detection, you re already behind
Fraud TypologiesGift card scams have cost U.S. consumers over $1 billion in the past two years, according to the Department of Homeland Security investigations. Yet, many fraud teams still view gift cards as low-risk
Fraud TypologiesThe Challenge Between 2024 and 2025, financial institutions saw a 65% year-over-year increase in scam volume. This surge overwhelmed investigation teams, strained customer service, and left fraud depa
Fraud TypologiesFinancial institutions face a genuine dilemma: resolve disputes too quickly and you ll lose money to first-party fraud . Apply too much scrutiny and you ll drive legitimate customers to competitors wh
Fraud TypologiesYour fraud detection system works. You catch unauthorized transactions quickly, trigger an alert, and wait for the customer to confirm. But they don t respond. Not because they missed it, but because
Fraud TypologiesYou ve implemented Strong Customer Authentication , your transaction monitoring flags anomalies in milliseconds, and your fraud team reviews alerts around the clock. Yet, your fraud losses keep climbi
Fraud TypologiesThe question at hand Your fraud team faces a familiar challenge: customers want instant payments, but authorized push payment (APP) fraud is on the rise. The Reserve Bank of India s proposal to introd
Fraud TypologiesFraud operations teams, AML analysts, and compliance managers often encounter suspicious account activity but struggle to identify it or coordinate a response. These questions arise during incident re
