Debra Geister of NICE Actimize describes some of the fraud challenges of moving to faster payments. Geister discusses: Whether faster payments equates to faster fraud, synthetic identity fraud and account takeover fraud play into faster payments, she says. She also discusses how fraud liability shifts for push payments and how it’s possible to use credit card fraud to make push payments easier to identify and prevent fraud. The Fraud Summit was held at the Information Security Media Group’s Fraud Summit in New York.”]
Source: https://www.careersinfosecurity.com/faster-payments-fight-against-fraud-a-12317