Watch more: Need to Know With Paymentology’s Stephen Bowe A bank can authenticate the person making a payment and still send money exactly where a criminal wants it to go. “It doesn’t matter how sophisticated your authentication protocol is, if it’s actually me [the legitimate customer] who’s trying to initiate the payment,” Stephen Bowe, chief […]
The post How Banks Can Spot Scams That Pass Authentication appeared first on PYMNTS.com .
