Securing Digital Banking: Evolving Threats and Innovative Solutions
The Ongoing Evolution of Digital Payment Fraud
Payment fraud typology is constantly evolving – which is bad news for digital banking.
Security measures that have traditionally served as effective protection are now being circumvented. Fraudsters are increasingly impersonating legitimate users, leveraging standalone or disconnected defense systems, and moving their attacks earlier in the payment journey.
Understanding how payment fraud is changing will equip you to layer in critical security that will protect you from fraud – and from the negative customer experience, loss of reputation, and impact on your balance sheet that goes with it.
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