Sheila Dowling’s Post

This article presents some intriguing statistics on financial fraud analysis within the cards transaction business. My team and I work around the clock to ensure the safe and stable operation of credit card payments. It's a substantial responsibility, and if you don't know us, that's probably for the best. 🤓 IT Operation = IT Defense 💥💰😎

TransUnion Analysis Finds Fraud Costing Businesses Equivalent of Nearly 7% of Revenues Read more: https://lnkd.in/dc8CPJyj #TransUnion #FraudAnalysis #BusinessCosts #RevenueLoss #FinancialImpact #FraudPrevention #finance #fintech

Accepting cheques as a form of payment is putting your business at risk. Payment fraud is a major concern for businesses and for good reason. Manual payment processing, old-school payment methods and unsecure platforms all create unnecessary exposure. Designing a payments process that uses automation can not only help protect you from fraud, but also strengthen your relationship with your customers. Learn how: https://lnkd.in/gdWggTQu

I've been helping business clients for over 30 years and it seems every year that payment fraud impacts more and more businesses every year. Learn more about how to protect your business reputation & cash flow.

Payment processing plays a vital role in facilitating business transactions by enabling the transfer of funds between buyers and sellers. As businesses increasingly rely on digital payment methods, the risks associated with payment processing have become more pronounced. The purpose of this article is to explore the various types of risks that businesses encounter in payment processing and to provide insights into effective mitigation strategies. https://lnkd.in/gRg-bUkz #riskmanagement #riskassessment #risk #payments #bankingindustry #banking

1 in 5 Canadian Businesses Experienced Payment Fraud in the Past 6 Months - Despite 63% Feeling Confident in Protecting Their Business Against Scams Read more: https://lnkd.in/dTGX4RcE #CanadianBusinesses #PaymentFraud #ScamProtection #Finance #Fintech #FinancialIT

Is your financial institution ready to meet the PSR’s new reimbursement requirements that shift liability to FIs? Find out what you need to know in this blog series: https://okt.to/I4MQ89 #FinTech #Finance #PSR #Fraud #Reimbursement #FinancialCrime

Amidst the pandemic, check fraud has surged by a staggering 385%. If your organization still relies on traditional checks, it's time to consider a digital transformation. Not only does this mitigate the risk of fraud, but it also streamlines processes for your accounts payable department and suppliers. Embrace digital solutions to safeguard your financial operations and drive efficiency. #DigitalTransformation #FraudPrevention #APAutomation https://lnkd.in/eYTyVmyr

Checks are a thing of the past or at least they should be. Whether you're a individual or a business there are better ways to send money. Check out this article to learn more about check fraud.

Account Takeover (ATO) fraud is a growing threat in the financial industry, costing lenders millions and putting customer data at risk. In this comprehensive blog, we delve into effective strategies lenders can implement to prevent account takeover and safeguard their customers' financial well-being. Explore now- https://lnkd.in/dBUdqTUB #accounttakeover #financefraud #AIinfraudprevention #banking