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Faster Payments Fraud: Exaggerated or Understated?


Date 01:20 PM - 02:20 PM (1 hour)
Wednesday, August 25
Faster Payments Experience
Remote Connect

It seems as though one cannot talk about faster payments without talking about fraud. Has the faster movement of money created a spike in payments fraud? How will fraud and tactics to perpetrate fraud evolve with new faster payments advancements? With this session, break through the hype as panelists provide data points and statistics on the prevalence of fraud as it relates to various faster payments solutions and predictions for the future. Walk away with tips on how to safeguard the users of faster payments solutions, as well as predictions for the future.

Questions answered during this session:

1. How prevalent is fraud for various faster payments solutions?
2. What products or services are available to organizations seeking to minimize fraud in a faster payments environment?


Matthew R. Friend
Vice President, Head of Product Strategy & New Product Dev.
Visa Inc.
Andrew Haskell, CTP
Director, Product Line Manager, BNY Mellon Treasury Services, Immediate Payments Product Management
BNY Mellon
Lee Kyriacou
Vice President, RTP Rules Enforcement
The Clearing House