When it comes to credit, debit and pre-paid card use, consumer behaviour is changing – not least because of COVID19.
Fraud & Authentication Subject Matter Expert, NICE Actimize EMEA
Rob Tharle, Fraud & Authentication Subject Matter Expert, NICE Actimize EMEA, is responsible for providing thought leadership on industry trends, challenges and opportunities. Prior to joining NICE Actimize in 2019, he worked for 17 years in a number of Risk Management and Fraud Prevention roles at both Natwest/RBS and TSB. During that time, Rob gained extensive experience with the technologies and design of fraud prevention and detection systems including application fraud, Apple and Google Pay, online and mobile banking.
With all the COVID-19 headlines, it’s easy to miss the latest news on the old fraud favourite: credential stuffing.
On May 3, 2020, small business were extended the second round of the Paycheck Protection Program (PPP) Loans – totaling $175 billion.
While it’s clear that COVID-19 is bringing many short term challenges such as increased fraud rates and impacts on fraud models and operational capacity,
UK Finance recently published "Fraud - The Facts 2020" and as usual the report was full of great data on the UK banking fraud