Category Archives: online payments fraud

FinTech Innovation Delivering Enhanced Member Engagement

In 2018, credit unions (CUs) added 5.02 Million new members, the fastest in the history that manifests the growing popularity of CUs. However, the financial landscape is consistently challenged by escalating fraud threats & data breaches. This makes it more difficult than ever to safeguard members’ money, especially for smaller CUs. Payment cards, Same Day ACH,

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Advance to Technology Driven Community Banking

2019 ICBA Capital Summit – the finest platform for community bankers is going to take place at the Grand Hyatt Washington Hotel from April 28 to May 1, 2019. The Capital Summit for Independent Community Bankers of America (ICBA) is the place to be, if regulatory and tax relief, mortgage reform, and agricultural lending are at

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FRED®: Harnessing the Power of AI for Robust Fraud Prevention

Quatrro Processing Services (QPS) is exhibiting its suite of advanced fraud prevention solutions at CUNA GAC 2019, Booth # 634 from March 10th to 14th, 2019 between 10 AM to 11 AM (GMT). This year, QPS showcases AI driven Fraud Reduction Early Detection (FRED®) Platform, enabling real-time cross channel fraud detection, monitoring and case management

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Avoid Fraud Traps To Boost Your Profits In 2019

The frequency of cyber thefts, hacks, and fraud are increasing at an alarming rate projecting a highly challenging future. Rising and more frequent data breach incidents are taking headlines globally. Big names like Microsoft, Paypal, Netflix were the top targets for phishing attacks in 2018. Ever sharpened tools used by fraudsters have been impacting businesses

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Decrypting the Cyber Monday Fraud Risk

Monday, 26 November is one of the most awaited Online Shopping Days of the Year and it’s just around the corner. It is the time that everyone waits and while you free your purse strings for buying your favorite gadget, tool, and various products available at mega discounted prices. While eCommerce and mobile payment volumes

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Decline Fraud Before It Gets To Checkout This Thanksgiving

Fall is upon U.S., signaling businesses to plan for one of the busiest time of the year-the holiday season. Halloween day has just passed and merchants are aware that Thanksgiving Day is just few days away, marking the craziest and most challenging time of the year in retail. The thanksgiving weekend sales extend through Cyber

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Procure Seamless Security of Digital Transactions With QPS at MWAA 2018

The world might seem smaller in this digital age probably as a result of the diversity of online business, payment landscapes and the resulting singularity of fraud patterns. The continued year on year growth in online shopping fueled by consumers’ demand poses significant challenges to merchants. The dynamic e-commerce business shows no signs of abating.

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$40 Billion Dish Of Online Fraud, Served Cold To Businesses Annually

In a world of digital transactions and open communication, payments habitat is vulnerable to credit card fraud. Credit card fraud can be disruptive to an organizational framework, damaging a business’s credit report and can often be taxing for a company to investigate its root cause. To avoid premature discovery, fraudsters engage in low-level testing also

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