Nedbank’s Deon Louw on how to Counter Card-Not-Present Fraud: Banks need user and entity behavior analytics and artificial intelligence. Knowing a user’s habitual behaviors can help indicate when a change from the usual pattern, which could indicate fraud, is occurring. Louw is head of fraud, RBB at Nedbank in South Africa, responsible for the bank’s card, payment and transactional fraud environment. He also discusses: Current card fraud trends in the South African market; how banks are building their technology stacks to counter card fraud.”]
Source: https://www.fraudtoday.io/payment-card-fraud-trends-in-south-africa-a-17880