How Technology Innovations Are Combatting Fraud

Fraud through synthetic identities, account takeovers, and first-party fraud has evolved into a significant threat vector across our respective businesses. Highlighting the increasing urgency of this threat, a 2025 LexisNexis report indicates that U.S. merchants incurred an average cost of $4.61 for every $1 lost to fraud. 41% of merchants across North American are still utilizing outdated manual processes for combating fraud. This highlights the need for better defenses, leveraging advanced fraud prevention tools that take advantage of AI models, behavioral biometrics and third-party detection systems. In this timely session, key players at the forefront of developing, deploying and responding to omnipresent fraud vectors will share their insights into the battle against payment fraud. This panel will examine market-leading approaches that combine machine-learning, predictive modeling, and real-time fraud prevention to protect instant transaction privacy and counteract persistent fraud, cyber, and business email compromise that the industry faces daily.