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Boston (Massachusetts) [US], September 8 (ANI/PRNewswire): Recorded Future, the world's largest intelligence company, today announced the expansion of its Intelligence Cloud with Payment Fraud Intelligence, a single source of truth for identifying, mitigating, and preventing payment fraud. Payment Fraud Intelligence enables those focused on payment fraud, including financial institutions, card issuers, and e-commerce providers to disrupt the entire payment fraud lifecycle by helping to detect e-skimmer infrastructure and compromised cards associated with malicious activity. Payment fraud is a multi-billion dollar industry impacting merchants, cardholders, and financial institutions, and will result in over USD 400 billion in losses globally over the next decade. Historically, the industry has taken a reactive approach, waiting until fraudulent purchases take place, then attempting to limit losses, resulting in further reputational damages and financial losses. Recorded Future has u
Real-Time Dark Web Intelligence Empowers Financial Institutions, Card Issuers, and E-commerce Providers to Prevent Payment Fraud BOSTON, Sept. 8, 2022 /PRNewswire/ Recorded Future, the world's largest intelligence company, today announced the expansion of its Intelligence Cloudwith Payment Fraud Intelligence, a single source of truth for identifying, mitigating, and preventing payment fraud. Payment Fraud Intelligence enables those focused on payment fraud, including financial institutions, card issuers, and e-commerce providers to disrupt the entire payment fraud lifecycle by helping to detect e-skimmer infrastructureand compromised cardsassociated with malicious activity. Payment fraud is a multi-billion dollar industry impacting merchants, cardholders, and financial institutions, and will result in over $400 billion in losses globally over the next decade. Historically, the industry has taken a reactive approach, waiting until fraudulent purchases take place, then attempting t