FIS Modern Banking Platform
Advance your bank with a modern core platform.
Worldpay is now FIS. Your experience is our top priority. We’re here to help.
Worldpay is now FIS. Your experience is our top priority. We’re here to help.
FIS Modern Banking Platform
Advance your bank with a modern core platform.
Data Restore
Protection from disaster.
Code Connect
The power of APIs with the scale of FIS.
Worldpay is now FIS. Your experience is our top priority. We’re here to help.
FIS Private Capital Suite
Data Exchange Solutions.
IFRS17
The right strategy for transformation.
Commercial Lending
Speed up the decision process.
Worldpay is now FIS. Your experience is our top priority. We’re here to help.
Worldpay is now FIS. Your experience is our top priority. We’re here to help.
Worldpay is now FIS. Your experience is our top priority. We’re here to help.
April 23, 2018
EMV (Europay, Mastercard and Visa) was officially introduced to consumers and merchants in the United States in 2015. It was created to combat payments-related fraud and enhance security measures for all parties involved in a card-based transaction before, during and after processing. Now that the United States has moved closer to mass EMV adoption, the enhanced processing security has decreased some types of fraud, specifically at the transaction-level. But instead of discouraging fraudsters and cybercriminals entirely, other types of fraud, like that related to new accounts, have increased significantly.
Given that some of 2017’s largest data breaches compromised the social security numbers of millions of customers, financial providers must now be prepared to deploy a thorough, accurate and holistic fraud management strategy. One that addresses both current fraud tactics and is agile enough to quickly adapt to the next fraud tactics that are sure to emerge as consumer’s preferences for channel, and payment technologies continue to evolve.
In a newly released white paper commissioned by FIS and authored by Javelin, we examine the current and emerging fraud trends and risks all FI’s and issuers must know, and offer actionable steps that can amplify current fraud prevention efforts by using a lifecycle management approach. We explore ideas including:
Read the full paper here.
Tags: Customer Experience, Consumer Trends, Technology
Let's work together to reach your goals. Contact us at the links below and a representative will be in touch.
We are here to help you and your business. Contact us using the button below.
Learn more©2021 FIS. Advancing the way the world pays, banks and invests™