Current analysis on payment security, fraud prevention, AML/KYC, and PCI DSS compliance.
Fraud TypologiesThe Challenge Ghost tapping exploits near-field communication (NFC) technology in contactless payment chips and digital wallets. Criminals use wireless payment readers to capture credentials from tap-
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 TypologiesYour fraud team flags suspicious transfers. Your AML team files SARs. Neither knows what the other saw until it s too late. According to Javelin Strategy Research s 2026 Fraud Management Trends report
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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 Question at Hand Your fraud detection systems are designed to catch external threats like account takeovers and card-not-present fraud. But what happens when the fraudster is your customer? First-
Fraud TypologiesWhat Happened Criminals forced more than 700 ATMs across the United States to dispense cash on command last year, netting approximately $12 million. The attack method, called jackpotting , isn t sophi
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 TypologiesRethinking First-Party Fraud Your fraud team flags suspicious chargebacks, reviews transaction history, and files disputes. Maybe you block the account, then move on to the next case. This reactive, t
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 TypologiesNacha s fraud monitoring rules take effect next year, raising a critical question: when should you catch fraud? The framework requires risk-based monitoring for all ACH transactions, including traditi
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
