Financial institutions conduct more business than ever online, and now encounter an increasing risk of fraudulent transactions throughout the customer lifecycle. The challenge? Balance the need to maintain low fraud rates and cut operational costs with the need to preserve the customer experience. Join Equifax and...
In light of recent retail breaches, courts are likely to start holding retailers more accountable than they have in the past for financial losses that result from fraud, predicts analyst Al Pascual of Javelin.
A malware attack that exploited a point-of-sale vulnerability of a select group of Kentucky and Southern Indiana retailers has now been linked to attacks against Schnuck Markets Inc. and four other merchants.
Banking institutions have done a poor job of educating consumers about payments fraud prevention, says Aite analyst Shirley Inscoe. "Banks need to figure out how to communicate with consumers in a way consumers understand."
As financial institutions seek to improve and modernize customer engagement, the benefits of leveraging a multichannel or omnichannel banking approach become clear. Consumers have become comfortable with omnichannel experiences in their retail interactions, and expectations are increasing for banking institutions to...
A U.S. district court shot down the Fed's plan for a 1-cent per-transaction incentive for investments in debit fraud prevention. How might that ruling impact U.S. efforts to improve payment card security?
The malware attack that infiltrated Harbor Freight Tools' network could prove to be one of the biggest retail breaches this year, experts now say. Learn why card fraud linked to the attack is expected to grow.
How is one of the nation's top 20 bank holding companies fighting fraud? Find out directly from Matthew Speare, Senior Vice President of Information Technology for M&T Bank Corporation, as he spends an hour taking your questions about a variety of banking fraud topics, including:
Account takeover trends and the...