Using Faster Payments To Commit Fraud
Recorded On: 05/23/2022
As we move closer and closer to instant payments, fraudsters are also excited about the opportunity to obtain funds faster. We will dive into how fraudsters are capitalizing on the news standards to make their frauds more efficient, profitable, and nearly impossible to detect in real time. Hence, limiting the ability to reduce loss and recoveries. Topics include the current and emerging fraud trends taking advantage of faster payments, and what can be done to detect and defend.
Steve Lenderman - Director, Strategic Fraud Prevention, ADP, LLC
*This conference recording is not eligible for continuing education credits.