End to End fraud detection and prevention services across multiple sectors to manage risk and fight fraud.
The steadily rising connection of individuals, companies and countries to the Internet has emerged among the most transformative means to ignite sustainable growth. However, with every advancement in the digital world, cybercriminals have become more sophisticated in their techniques. Growth in connectivity between digital and the physical world expands the potential avenues for the rise
Non-traditional merchants are challenging the established matrix of the payments industry, leading towards customer-centric innovation. In the contemporary scenario, customers were increasingly demanding higher levels of service delivery and value added offerings from merchants. If merchants don’t adopt these technological innovations, they will remain in jeopardy of being overshadowed irrespective of their strong traditional fabric.
The CNP Awards 2018 recognizes QPS for delivering exceptional fraud detection and prevention solutions to drive brand value and transform consumer experience. For the second time in a row QPS has been nominated under the category of Best Anti-Fraud Solutions for this prestigious award. The 2018 CNP Awards are held as a part of the
Same Day ACH, Phase III is set to take the center stage in March 2018, setting a high standards for global banking eco-system. It is developed as an immediate solution to respond to market demand, from both businesses and consumers, to move money faster. Post March 16, 2018, all financial institutions (FIs) are required to provide end-of-day
Accepting credit cards as payment mode has been one of the most convenient and popular options for receiving payments across businesses. Use of a modern payment options can certainly boost your revenue, significantly increase your customer base and improve productivity– however, you need to stay cognizant of the accompanying fraud. The large scale investments
In this era of never-ending scams and fake news, it is quite a difficult task to distinguish facts from fiction. This puzzle of identity lies right in the center of E-commerce ecosystem creating opportunities for fraudsters to exploit vulnerabilities. For Card-Not-Present (CNP) frauds, incidents are on the rise and are expected to cross $25 Billion
The financial industry is undergoing a paradigm shift with an influx of ever-evolving technology, demographics, and regulatory dynamics. Electronic payments have always been the prime target for hackers with data breaches causing huge losses for organizations. Fraud Risk in a Digitally Connected Payment World Financial Institutions (FIs) are grappling with ever-expanding fraud landscape including payment
The annual tax return filing season is always a critical time for everyone including consumers, US Internal Revenue Service (IRS) and the banking sector. During this time, individuals solely rely on the IRS regarding questions about specific tax laws or filing procedures. In the wake of meeting the deadline for filling returns, IRS expects to
The holiday season always gives merchants a chance to showcase new products and services that can add up to their bottom line and 2017 was no exception. While businesses invest most of their time in catering to new customers, retailers have started accepting returned merchandise as an attempt to gain a competitive edge. Flexible returns
The fast mushrooming identity theft related tax fraud has emerged as the Gordian knot of the payment industry. As fraudsters scoop up consumer’s data, organizations face the challenge of optimizing consumer experience to stay ahead of the pack. Being a multi-million dollar industry in the US alone, tax fraud is expected to wipe off whooping