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TECH BUYER Sep 2019 - IDC Perspective - Doc # US45472619

Securing Multi-Rail Real-Time Payments: Future of the Fraud Stack

By: Steven D’AlfonsoResearch Director, Compliance, Fraud and Risk Analytics Strategies, Rivka Gewirtz LittleResearch Director, Global Payment Strategies

Abstract

This IDC Perspective outlines the challenges that organizations face and provides a discussion around the approach that can be taken to meet those challenges.

Financial institutions and other organizations face new fraud challenges and vulnerabilities as they adopt real-time payments with connectivity to multiple rails. "Preparing a real-time payments fraud strategy will ultimately require financial institutions not only to continuously improve upon transaction monitoring but also to expand the view of risk," says IDC Financial Insights' research directors and coauthors Rivka Gewirtz Little and Steven D'Alfonso.


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