
5 Top Payments Trends for Brazil in 2023
The real digitization of payments is just starting in Brazil, but 2023 will definitely be a very important year for the country.

More data means fewer places to hide for scammers
As ACI publishes original research into the state of APP scams in India, the UK and the U.S., Tanya Kopytina, Senior Fraud Consultant, ACI Worldwide, describes how more – and better – data is needed to fightback against the criminals.

Discussion: The true scale of the APP scam challenge facing banks
As ACI publishes original research about the state of APP scams in India, the U.K. and the U.S., Cleber Martins, Head of Fraud Management for Banking, joins Elise Thrale to discuss the report’s key findings and the potential changes coming in the future in response to the problem.

Clamping Down on Payment Scams
If the last couple of years have taught us anything, we should be ready for change at the drop of a hat. And this learning should by no means go ignored in the world of fraud.

Keeping Pace With Ever-Changing Fraud Patterns in the Digital Era: Introducing Fraud Scoring Services
Consumers demanding faster, more convenient payments led to the rapid adoption of digital wallets and contactless payments.

The EBA Discussion Paper: What Can We Learn About the Review of the PSD2 Content?
Preliminary Observations on Selected Payment Fraud Data Under PSD2 On January 17, 2022, the European Banking Authority (EBA) published a Discussion Paper on its preliminary observations on selected payment fraud data under the PSD2.


Fraud Management for Acquiring Banks: Exceeding Expectations With SCA Exemptions Post-PSD2
Merchants in many markets experienced a decrease in footfall in physical stores across the 2021 holiday period. Although this is usually a busy shopping period in Europe, rising COVID-19 cases and new digital payment methods encouraged consumers to do more shopping online, across more channels and payment types than ever before.

How Westpac New Zealand Fights Fraud With Analytics and Intelligence
Research predicts that the global cost of fraud will reach $40.62 billion by 2027, 25 percent more than the fraud losses in 2020. With banks, PSPs and merchants racing toward real-time payments adoption, they must also acknowledge the increased risk of fraud that it brings, while further reducing the chances of recovering funds.

How Does Netflix’s ‘The Tinder Swindler’ Shed Light on the Problem of Social Engineering Scams?
The power to ignite conversation is indisputable for the online streaming service Netflix. First came ‘Tiger King,’ which got the world infatuated with privately-owned big cats in the U.S. Now, we are turning our heads to romance scams with the release of the true crime documentary, ‘The Tinder Swindler.’ Just like that, the streaming service has sparked conversation around how easy it is to unwittingly become a victim of authorized push payment fraud.

Emerging Forms of Payments Fraud and How To Tackle Them
In the first half of 2021, the UK lost £753.9 million to fraud, an increase of 30 percent compared to H1 2020, according to the most recent report by UK Finance. The report also revealed that banks using more advanced security systems were able to prevent an additional £736 million from being stolen.

The Human Element of Risk: Why Collaboration Is the Key to Stopping Fraud
As we slowly move back into a sense of normality, we are hearing "sorry, I was on mute” a little less, and "so good to see you,” a little more. Despite this, fraudsters have seen the pandemic as an opportunity to find new ways of scamming consumers and businesses, as we have found new ways to pay. It is important to reflect on how far we have come, but also how far we have left in the fight against fraud.

A Year of PIX in Brazil: What Does the Future of Real-Time Fraud Look Like?
In October 2020, the Central Bank of Brazil introduced PIX, a real-time payments system offering speed and ease of use. PIX was introduced to bring interoperable QR codes to digital wallets 24/7/365, meaning that person-to-person (P2P) payments can be made conveniently and instantly, and that merchants can accept payments without incurring extra acquiring charges. This has been transformational for payments in Brazil.