With the first quarter of 2019 behind us, we're starting to get a better picture of the trends that will define this year's card fraud narrative. Of course, with eight months left in the year, there's plenty of time for new threats to emerge across the card fraud ecosystem.
The real question on every financial institution leader's mind is how they can get ahead of the fraud trends in order to reduce their fraud losses, reissuance costs — all while minimizing customer impact. The number of data breaches isn't increasing, but the impact of them certainly is. That's why it's so imperative to get ahead of the next big threat.
Rippleshot Co-Founder Canh Tran will share his take on the latest card fraud trends in a webinar with the ABA on Thursday, May 2 at 2 p.m. EST. Topics covered in this webinar include:
- What defined 2018’s state of card fraud story
- What’s in store for 2019
- How bank leaders can determine where they stand
- How to assess your own fraud performance against the market
Banks are certainly getting better at fighting fraud. Nevertheless, fraudsters are getting smarter and acting faster. Card fraud is up again in 2019, with a substantial amount due to compromised cards. How does your bank's fraud prevention performance compare with its peers? Is your fraud team equipped for today's challenges? In this webinar, Tran will share his take on 2019's fraud trends, what fraud teams should be looking for and how banks can proactively get ahead of these threats.
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Want to catch up on our latest state of card fraud reports? Recap with these resources:
2018 STATE OF CARD FRAUD
Our annual State of Card Fraud report on't help you directly combat the rise of data breaches, but it is packed with droves of stats and insights to arm FIs with a greater understanding of how the problem is changing, what's contributing to these changes and what we predict will define 2018's card fraud story. We also share our newly released data points on how much card fraud is costing FIs, and our own curated benchmark insights into what others in the industry fear most when it comes to managing card fraud, reissuance costs and customer impact. LEARN MORE.
INSIDE SYNTHETIC FRAUD: A DEEP DIVE
What exactly is synthetic fraud — and why is it becoming such a costly headache for financial institutions? Financial institutions are finding it increasingly harder to crack down, and a rise in data breaches is only going to make the problem worse before it gets better. Catch the latest synthetic fraud data and what the experts are saying on the subject.. LEARN MORE.
