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Thwarting Authorized Push Payment Fraud

Reed Luhtanen: Behavioral biometrics can play an important role in mitigating the risk of authorized push payment fraud. Artificial intelligence can help analyze previous behavior patterns to determine if the right person is involved in the payment, he says. Luhtaen: Top payments fraud trends, technical solutions for fighting payment fraud;Authentication options. The Clearing Houses Real-Time Payments system. The Federal Reserve-sponsored Governance Framework Formation Team created the U.S. Faster Payments Council.”]

Source: https://www.cuinfosecurity.com/thwarting-authorized-push-payment-fraud-a-17196

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