The Importance of Fraud Risk Management: How to Identify Invoice Scams - Central Penn Business Journal

Mastercard Expands Consumer Fraud Risk Solution With Feedzai To Counter AI-Driven Scams - FinanceFeeds

Mastercard has announced a collaboration with Feedzai to support global financial institutions in detecting and stopping AI-powered scams through real-time fraud intelligence. The company will integrate Feedzai’s Financial Crime Prevention platform with its own Consumer Fraud Risk (CFR) solution, enabling institutions involved in account-to-account (A2A) payments to intercept fraudulent activity before it reaches customers. Mastercard confirmed …

The Importance of Fraud Risk Management: How to Identify Invoice Scams - Central Penn Business Journal

Invoice fraud involves submitting fake or illegitimate invoices, often with convincing documentation, to trick you into making an unauthorized payment. Fraudsters will take steps to make their fake communications appear to be coming from a trusted vendor. These invoice scams target businesses of all sizes, causing substantial financial damage if not detected in a timely manner. They may also cause reputation damage and sometimes legal complicati…