News on regulation, fraud, and card scheme rules

Card schemes are getting tough on chargeback fraud. We look at how changes to dispute resolution rules reflect changes in trading patterns, payment trends and technology.

Cannabidiol (or CBD for short) is an interesting case study for payment professionals.

Regulators are stepping up the fight against dirty money. Firms must not only contend with regulatory fines and the impact of these on their operations, reputation and bottom line, there is also the constantly changing nature of the regulation itself.

The conflict in the Ukraine has emphasised how financial institutions and gatekeepers can be used to launder dirty money. We look at how to devise a robust anti-money laundering approach in response.

In response to recent trends in illegal or brand-damaging activity, Mastercard has updated its Business Risk Assessment and Mitigation (BRAM) program.

Implemented effectively, ongoing monitoring makes it easier to prevent, detect, respond, and recover from adverse incidents for any payment processing company.

Together, PAY. and Web Shield aim to create a strategic partnership to facilitate growth in the European market through compliance.

At the end of the year, we caught up with Web Shield CEO Alex Noton to look back on the main fraud trends to emerge during 2021 and the implications for fraud prevention and risk management in 2022.

RiskConnect Virtual panellists discussed the challenges of investigating wrongdoing in a dynamic digital environment.