Benjamin Ayer, Author at GIACT

Payments

Securing Faster Payments: Modernizing Account Validation

GIACT’s new report, Securing Faster Payments: Modernizing Account Validation, explores the strengths and weaknesses of the most commonly used account validation solutions available and how payment originators looking to bolster their validation practices.

Enrollments

Best Practices to Reduce Identity and Payments Fraud in the Education Sector

Deficient patient enrollment can result in serious financial and legal repercussions, including instances of medical identity theft and compliance issues. And with more healthcare data available to bad actors, fraud is at an all time high.

Enrollments

Mitigating Mobile Network Fraud with Secure Subscriber Enrollment

GIACT’s report, Mitigating Mobile Network Fraud with Secure Subscriber Enrollment, details the best practices in secure digital enrollment.

Identity

Synthetic Identity Fraud is Rising. GIACT’s Fighting Back.

Of all the fraud vectors plaguing the payments industry, synthetic identity fraud is one of the most concerning. Unlike card-present fraud, which is on the decline due to the widespread adoption of EMV technology, synthetic fraud is on the rise.

Identity

Stay Ahead of the Fraudsters with gIDENTIFY Persistent Monitoring

The digital revolution has enhanced how we shop, pay our phone bill or purchase a home. But it comes with a downside: people’s personally identifiable information (PII) is increasingly being compromised in data breaches then used by criminals to take over accounts or to make new, fake ones.

Compliance

The Fraud That 85 Percent Of Fraud Detection Systems Miss

The battle against fraudsters in the digital era has evolved into a never-ending arms race. The tools we use to detect, score and prevent fraud — particularly card-not-present fraud in digital transactions — have improved exponentially in the last half-decade.

Identity

GIACT Publishes Report on Hidden Costs of Synthetic Identity Fraud

Synthetic identity fraud – a sophisticated identity fraud scheme in which criminals combine personal information to create fictitious identities – is successfully bypassing traditional anti-fraud protections, resulting in billions in losses.

Identity

The Hidden Costs of Synthetic Identity Fraud

Synthetic identity fraud (SIF) schemes create identities out of real and fake personally identifiable information (PII). These schemes can be difficult to detect as they combine completely valid information with fictitious, yet established, e-mail and social media accounts, for example.

Compliance

How GIACT Approaches Risk Management & OFAC Compliance

When the United States implements sanctions against a country or a group of individuals, domestic companies are required not to do business with the bad actors. From narcotic traffickers to suspected terrorists, belligerent states to authoritarian governments, there are many individuals and groups that companies are barred from dealing with.

Payments

GIACT On Payments’ $29M Wire Fraud Wake-Up Call

Last week, the U.S. subsidiary of Japan’s largest financial media organization, Nikkei, made headlines for the reason that no firm ever wants: The company was the victim of financial fraud to the tune of $29 million via a wire transfer gone bad.

Use Cases

Solutions

Insights

Refinitiv Introduces Digital Onboarding Solution to Help Businesses Accelerate Secure and Frictionless New Customer Onboarding

Fraud at Enrollment: The Impact of Application Fraud

Nacha Provides ACH Network Rules Update

Refinitiv combines GIACT’s EPIC Platform with World-Check to help protect the consumer lifecycle

Safeguarding Faster Payments: KYC, Account Validation Compliance and Best Practices

The Paycheck Protection Program: Preparing for Round Two

US Open Banking: Shifting Customer Journeys In An Emerging Ecosystem

LSEG Partners With Mastercard to Enhance Digital Identity and Fraud Solutions for Customers

34% of U.S. consumers were targeted by scams in 2021, Aite-Novarica Group consumer survey finds

Addressing Sanctions, Compliance and Risk with Refinitiv World-Check

Nacha’s Account Validation Rule: A Push for Stronger Anti-Fraud Solutions

Refinitiv successfully completes acquisition of GIACT

Benjamin Ayer

Securing Faster Payments: Modernizing Account Validation

Best Practices to Reduce Identity and Payments Fraud in the Education Sector

Mitigating Mobile Network Fraud with Secure Subscriber Enrollment

Synthetic Identity Fraud is Rising. GIACT’s Fighting Back.

Stay Ahead of the Fraudsters with gIDENTIFY Persistent Monitoring

The Fraud That 85 Percent Of Fraud Detection Systems Miss

GIACT Publishes Report on Hidden Costs of Synthetic Identity Fraud

The Hidden Costs of Synthetic Identity Fraud

How GIACT Approaches Risk Management & OFAC Compliance

GIACT On Payments’ $29M Wire Fraud Wake-Up Call

Use Cases

Solutions

Insights

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