Footprint’s Post

Not all fraud prevention strategies need to be complicated. Make sure you handle the low hanging fruit.

Only through partnership can the full power of open-source technology be realised in financial services. So, that's what Capital One, Adyen and Stripe have done by launching Direct Data Share, a free open-source solution to help combat fraud. Learn more from Jonathan Borman, Capital One Head of Fraud Strategy, by clicking the link below. #Fraud #OpenSource #Fintech

Strange as it sounds, fraudsters nail something founders often miss. 🚫 “Your FedEx parcel contains illegal items.” 🚫 “Your KYC is incomplete. Your bank account will be frozen.” 🚫 “Your mobile services will be suspended in 30 minutes.” Fraudsters know exactly where to strike. Urgency. Fear. Pain points. They don’t explain who they are or how they work. They skip to what matters: your reaction. And that’s why they’re effective (unfortunately). Startup founders, take note. Too many pitches drown in feature lists and jargon. But what customers care about is simple: Why does this matter to me? How does it solve my problem? Fraudsters hit where it hurts. ❌ Founders should hit where it helps. ✅ #content #Fraud #founders #pitch #Storytelling

As money movement speeds up, so does fraud. The industry is at an inflection point in terms of how consumers see and trust bank-based payments. Coming to Money20/20? Come to our session to learn more.

Pandora's Box of Fraud: Why Fintech Should Address Creator Economy’s Vulnerabilities Read the full blog: https://lnkd.in/eewDmDm4 #FraudPrevention #Fintech #CreatorEconomy #Vulnerabilities #FinancialSecurity #DigitalInnovation #FintechSolutions #finance #fintech #FinancialIT

Massive Partnership Alert🚨🚨🚨! Adyen & Stripe join forces with Capital One to combat fraud as reported by Mary Ann Azevedo @ TechCrunch. When problems grow, solutions need to be on a larger scale and that is what we are seeing here with three powerhouses aligning. #FintechNews #Fraud #Stripe #CapitalOne #Adyen #Fintech #TechNews

Chargeback management is often an afterthought, but it shouldn't be. 70% of chargebacks occur due to friendly fraud. But what exactly is friendly fraud? And how can businesses protect themselves? Join us in uncovering the secrets of chargeback fraud and its impact on merchants! 🔓✨ #ChargebackFraud #FriendlyFraud #MerchantProtection #BusinessSecurity #PaymentProcessing #Fintech #PaymentOptimization #BillingPlatform #SubscriptionManagement #RecurringBillingSoftware #CustomerChurn #Subscription #SubscriptionNews #Ecommerce #SubscriptionCommerce

Let's face it - document fraud is a massive issue that over 60% of financial organizations have to deal with. And for #equipmentfinance lenders, it's one of the biggest threats out there. Equipped with tools from industry leaders like Ekata, a Mastercard company, Middesk, and Plaid, aurora loan origination system and partner portal helps lenders fight fraud and protect their portfolios. Don't become another statistic. Find out more: https://lnkd.in/eUN62JjQ #equipmentleasing #fraudprevention #salesforce

Explore the rising payment fraud threats facing merchants and consumers in the payments ecosystem. Learn how businesses are leveraging technology and payment networks to combat growing risks. https://bit.ly/4ehMX6t #payments #merchants #risk

Growth is a wonderful thing for businesses until it isn't. The bigger you are the harder you fall. The people you don't want to feel the pain are your clients. For the unfortunate Revolut customers, it's too late. 😔 The recent BBC Panorama investigation paints a worrying picture for Revolut customers. It's deeply concerning to hear how individuals and businesses are losing their hard-earned money due to security lapses and slow response times. One customer's devastating loss of £165,000 in a single hour highlights the urgent need for stronger safeguards. While Revolut has achieved impressive growth, this has come at a cost. Customers deserve to know their funds are protected, not exposed to vulnerabilities that fraudsters can exploit. https://lnkd.in/e8ejd-sp At Pathfinder FX, we prioritize your financial security. We understand the importance of safeguarding your money, especially in today's increasingly complex digital landscape. Unlike Revolut, we provide dedicated account managers and support to ensure our clients' needs are always met. Don't let your money be at risk. Choose a partner who puts your financial well-being first. Send me a DM or visit our website to learn more about our secure and reliable foreign exchange solutions ➡️ https://lnkd.in/eSwpcsbT #PathfinderFX #FinancialSecurity #ForeignExchange #CustomerProtection #PeaceOfMind"