How to Prevent Payments Fraud amid Global Disruption

Economists expect the disruption caused by the global pandemic will be felt well into 2021.  How can banks – during a period of unprecedented disruption – stop fraud, especially as communities shift from lockdowns to recovery?

A new research paper by Finextra, in partnership with Feedzai, collects advice on preventing fraud from experts from several banks, including Bank of the West, Barclaycard Payments, HSBC, ING, Nationwide, and Nordea.

Download the report to learn:

• How banks’ fraud analysis teams should pivot and adapt to their new working environments
• The fraud scenarios (including account takeovers and authorized push payments) that increased during the pandemic
• How banks can future-proof their fraud prevention efforts