Faster and Real-Time Payments Fraud, 2020: Approaches and Priorities for Fighting Faster Payments Fraud - ResearchAndMarkets.com

DUBLIN--()--The "Faster and Real-Time Payments Fraud" report has been added to ResearchAndMarkets.com's offering.

Financial institutions are implementing or planning new faster payment solutions from same day to real-time transactions and creating roadmaps for new products with faster payment solutions embedded. Simultaneously, attention is being given to protecting faster transactions and preserving the trust customers have in their banks and credit unions to protect their financial transactions. A new research report titled Faster and Real-Time Payments Fraud reviews these trends, challenges, and solutions

At the same time that financial institutions are wrestling with new fraud types and the rise of tactics like business email compromise, they are rolling out new faster payments solutions that innately allow less time to detect criminal activity. The good news is that the security providers are responding with solutions. The implementation and adaptation of these solutions to individual operating environments needs to be the focus, comments Sarah Grotta, Director, Debit and Alternative Products Advisory Service and author of the report.

Highlights of the research report include:

  • Forecast for faster payments adoption by channel
  • Discussion of the unique challenges of faster payments fraud and a look at challenges experienced in the United Kingdom, where real-time payments have been available for over a decade
  • Evolving fraud capabilities including account ID and verification, account validation, analytics and artificial intelligence
  • Mention of vendors advancing faster payment fraud mitigation tools
  • Beyond the technology solutions, potential laws and policies that will influence liability for faster payment

Key Topics Covered:

Executive Summary

Introduction: The Rise of Faster and Real-Time Payments

Fraud in the Age of Fast Payments

Evolving Technologies for Fighting Back

  • Account Identification and Authorization
  • Account Validation During Transactions
  • Analytics
  • Artificial Intelligence

Vendors of Faster Payment Fraud Prevention Solutions

Beyond the Technology: Laws and Policies

Conclusions

References

  • Related Research
  • Endnotes

Companies Mentioned

  • ACH Alert
  • Brighterion
  • Early Warning
  • Experian
  • Faster Payments Service
  • Feedzai
  • Federal Reserve
  • FICO
  • GIACT
  • LexisNexis
  • Mastercard
  • NICE Actimize
  • NuData Security
  • Rambus
  • RiskRecon
  • The Clearing House
  • Verafin
  • Visa

For more information about this report visit https://www.researchandmarkets.com/r/3fpufp

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900