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Mitigating Instant Payments Fraud

Overview

Date 01:30 PM - 02:20 PM (0 hours 50 minutes)
Tuesday, June 11
Track
Cybersecurity & Risk
Event
Remote Connect

As real-time payments become increasingly popular around the world, it brings tremendous benefits to payment service users. Unfortunately, those instant payments are also subject to instant fraud, which soars in communities with a high degree of real-time payments adoption. Session panelists explore what financial institutions, their communities, and their regulators have done globally to mitigate these risks as they share lessons learned from around the world in matters of fraud prevention mechanisms, payment pre-validation/confirmation of payee solutions, as well as information sharing arrangements between FIs. Attendees come away from the session with actionable tips and tricks to keep their customers safe.

Speakers: