The Web Fraud Prevention, Identity Verification & Authentication Guide 2018/2019

The Web Fraud Prevention, Identity Verification & Authentication Guide offers a complete overview of the latest trends into digital onboarding and fraud mitigation for banks, merchants and PSPs.

Customer experience and the conflict between offering a frictionless customer service to good clients while managing risk and blocking the bad guys are some themes that are emerging from acquirers, card schemes, regulators, service providers, merchants, as well as auditors and journalists alike.

This guide is an editorial project of The Paypers – one of our key media partners, in collaboration with great names in the global payments, commerce, banking, and technology industry, covering some of the security challenges encountered in the ecommerce and banking, and financial services ecosystems. What is more, it provides payment and fraud and risk management professionals with a series of insightful perspectives on key aspects, such as fraud management, identity verification, online authentication, and regulation.

The first part offers an overview on the innovation in the fraud management space, with the advent of technologies, such as Machine Learning and Artificial Intelligence and presents the best strategies of mitigating fraud in ecommerce and banking, based on these innovations.

As new types of fraud are growing exponentially (account opening and account takeover), identifying fraudulent behaviour has become an important step in authentication. As such, companies are starting to frequently use various data sources and apply concepts of machine learning for accurate insights that drive effective fraud management. Another topic covered in the guide is the way how existing technologies (such as biometrics, for instance) can improve the customer experience while balancing security within the onboarding process.

Moreover, notions of consent under PSD2 and GDPR are worth following in the fight against fraud, as well as how cryptocurrency exchange platforms and custodian wallet providers are put into the scope of new regulations and directives (AMLD5).

The editorials are accompanied by a mapping that features some of the main players in the industry whose goal is to continue the fight against fraudsters and cybercriminals, as well as to contribute to the improvement of customer experience. The mapping section is included in the second part, and presents in details the capabilities offered by these fraud management, digital identity, and online authentication providers.

The third part depicts a comprehensive section of company profiles, which comprises minute details, including key players’ geographical presence, core services, unique selling points, and business partners.

About The Paypers: The Paypers is the Netherlands-based leading independent source of news and intelligence for professionals in the global payment community.

  • @EuroPaySummit

    European Pymt Summit European Pymt Summit @EuroPaySummit Ant Financial launches core #banking product https://t.co/GRvKaOqTuj via @Finextra 2 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @bottomlinetech: Who knew Formula 1 racing had so much in common with #payments? Great insights from @neirajones on the impact of #mach 2 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @swiftcommunity: National Settlement Depository, #Russia’s central securities depository (CSD) has become the first CSD to sign up for #… 2 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @PayCompliance: Consumer and privacy watchdogs have criticised the draft law to facilitate the launch of open banking in the country, wh… 2 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @Finextra: RBI fines Indian banks over Swift compliance failures https://t.co/dExl5kMa47 #fintech 2 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit BRICS countries to create own #payment system to cut dependence on West — RT Business News https://t.co/QvaDbaEQIZ 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Swift combines with Asia Pacific institutions on DLT for proxy voting https://t.co/2kewbi6ui4 via @Finextra 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @SustainableDFS: Government plays a central role in the progress of any #financialinclusion campaign. They are primarily responsible for… 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit German startups @figo and @finreach to merge https://t.co/nnKgGWl4UH via @Finextra #banking #API 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: "Interoperability can unlock the potential of digital financial services (DFS) and advance financial inclusion" - via n… 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @cbpaymentsnews: Open banking coming to #NZ - Payments New Zealand releases #API standards for #Payment Initiation and Account Informati… 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit Today, we have our eyes set on the great insights shared at the European Future of Payments Conference, organized b… https://t.co/jYBWmfM03x 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @PayCompliance: BREAKING NEWS: European authorities confirmed that recurring card payments can be initiated by the payee, exempting thos… 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @nsureio: API Standards Reveal Puts New Zealand On Cusp Of Open Banking - PaymentsCompliance https://t.co/l0U4pK5Q2D 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @ebaclearing: ECB report finds that #SEPA migration has provided the foundations for facilitating an interoperable, efficient and compet… 3 weeks ago
    European Pymt Summit European Pymt Summit @EuroPaySummit RT @Irish_TechNews: eBay partners with Enterprise Ireland to open global window of opportunity for Irish SMEs https://t.co/kJ6MzndF7x 3 weeks ago
  • Also interesting
    Implementation for Success - Open Banking Reality
    Written on 20 March '19 by
    READ MORE
    Nadja van der Veer, PaymentCounsel: "The intentions behind PSD2 are good, but they have backfired a little"
    Written on 19 March '19 by
    READ MORE
    Extended Deadline for Florin Awards Europe 2019 - Call for Candidates!
    Written on 18 March '19 by
    READ MORE
  • News