Blogs
This blog looks at how Tier 2 and 3 banks can roll out a successful payments transformation programme that minimises risk and maximises innovation for value-added services.
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IPF
A technology platform to accelerate transformation
Report
Fraud detection in Payments
Fraud in payments
Leveraging next generation tools to enhance fraud detection in payment systems
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.
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Blogs
We’ve put our heads together to come up with our top predictions for how the industry will evolve in 2023.
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Blogs
Not only do Tier 1 banks see payments operations as a drain, but they are also hesitant to invest in processing infrastructure: 88% of Tier 1 banks indicate they would only invest in their payment processing infrastructure when they needed to meet compliance requirements or to ensure business continuity.
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