Payment fraud is a constant threat, with data compromises leading to financial crime reaching record highs every year.

Attacks on payment systems continue to grow regardless of banks and businesses investing heavily in security measures. Commercial banks are largely unprepared for the more organized strategic and persistent threats of payment fraud. Banks that have a successful fraud prevention strategy utilize a secure payments solution that screens across the entire attack surface, prevents payment fraud across all business units, and is quick to implement.

Why it matters?

Payments fraud hit a record high in 2019, with 81% of organizations affected.

Source: 2020 AFP Payments Fraud and Control Survey Report


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