THURSDAY, OCT 22
12:15 PM - 1:15 PM (ET)
Why Criminals Like Your Digital Channels
The intersection of payments and fraud is in the digital evolution of a person’s identity. The need to protect personally identifiable information is more critical, as the information is used in more ways, and in more places. Criminals are taking advantage of how digital payments are moving faster than fraud prevention. Criminals are focused on two ways of stealing through digital channels – both from person-to-person payments and through taking over accounts of all types. Criminals can easily access fund transfer mechanisms and in a single transaction empty an account. Participants will learn key findings in P2P and account takeover fraud from the “2020 Identity Fraud Study: Genesis of the Identity Fraud Crisis,” recommendations on how to minimize fraud risks, and current threats and trends for 2021.