Fraud in payments
Payments fraud continues to cost the UK Financial Services Industry in excess of £1bn per year, with the methods of attack changing in terms of their sophistication and complexity. To protect against these fraudulent incidences, banks are using several core fraud threat analytics tools to capture historic customer data (such as transaction values, transaction geographic profiles and trusted beneficiaries) to enable them to identify unusual payment behaviour and patterns.
This report examines the next generation tools that can enhance fraud detection in payments systems, how they work in practice, and the benefits they offer.
News
Icon Solutions, a leading specialist provider of solutions and technology services that simplify payments transformation, including IPF (Icon Payments Framework), has today announced the appointment of Donal Fleming as Chief Technology Officer (CTO).
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Blogs
In recognition of IWD – and to celebrate the women championing digital at Icon – we speak to Sirin Sevinc, Head of IPF Solution Architecture, and Tamsin Crossland, Principal Architect, about what ‘DigitalALL’ means to them.
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Blogs
This blog explores how Pay.UK and banks have prepared for the NPA and highlights key requirements and challenges likely to arise during the first phase.
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