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Deep Dive: Fraud Prevention on Real-Time Rails: How FIs Can Protect Customers

Overview

Date 11:05 AM - 11:55 AM (0 hours 50 minutes)
Monday, May 02
Track
Cybersecurity & Risk
Event
In-person

The pandemic has accelerated the shift to digital and real-time payments and increased transaction volumes. As the way we pay evolves, so do methods of financial crime. With the imminent move of both high-value and low-value payments to real-time payments rails, Canada and U.S. markets are acknowledging the need for real-time fraud prevention. We discuss lessons gleaned from mature markets and why fraud prevention should be considered during the move to real time in North America. 

Speakers:

K
Keith Melton
Head of Product & Strategy Management, Retail Payments Office
Federal Reserve Bank of Atlanta