Technological advancements are on the rise, coming from all directions. That means, however, that technological fraud is too.
Read moreCustomer chargebacks are one of the immediate ways fraudulent activity impacts businesses. When fraudulent purchases are made through a customer's account, companies have to process chargebacks and their associated costs.Online merchants and banks that experience..
Read moreInteractive Voice Recognition (IVR) applications are telephone systems that can interpret and respond to a person's voice. These systems are commonly used in over-the-phone customer support. For example, an account holder contacts customer support and is asked by the..
Read moreRemote banking fraud occurs in three categories: internet banking, telephone banking and mobile banking. Of these three, internet banking fraud is by far the most costly, representing £123 million of the total £152.9 million lost to remote banking fraud in 2018.
Read moreMany financial institutions struggle to safeguard customers against SIM swapping, despite how prevalent this rising form of fraud has become.
In this post, we'll explore what SIM swap fraud is and how a SIM swap service for banks can strengthen fraud protection..
Read moreRecently, we asked Clare Messenger, the Head of Fraud Protection Services at JT, to share her thoughts on one of the most crucial considerations for all financial institutions: fraud protection technology.
The speed of development in today's tech leaves finance..
Read moreIntroducing JT SIM Swap Service
We have developed a dedicated platform to mitigate the risks of SIM Swap - a comprehensive SIM monitoring solution that leverage the full market operator coverage to provide real-time information on whether a SIM has been swapped and..
Read moreThough SIM swapping is a relatively new form of mobile fraud, only dating back as far as 2013, it has become increasingly popular with fraudsters in the UK and around the globe. So much so, that the US Fair Trade Commission noted an increase of 150% in the number of..
Read morePSD2 is a set of policies set forth by the EU to improve the standard of banking. The regulations, which first started rolling out in early 2018, call for open banking, strong customer authentication, greater transparency, and other improvements to the security of..
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