Payment Fraud & Security

Payment security is an essential aspect of any payment strategy for all financial system to protect sensitive financial information during transactions and to prevent fraud – ensuring both the business and the customer are protected from financial loss.

Our experience with different techniques available for fraud detection and mitigation enables us to provide consistent and effective strategy to our clients on how to secure their payment systems. Many payment systems are based on encryption technologies and more recently tokenization for mobile payments. New techniques are devised as fraud migrates to the path of least resistance. We can provide first hand advice on the best strategy to prevent fraudulent activities.

In the past few years we have gained experience on the threat of quantum computer attacks. These attacks are near term meaning payment systems must be upgraded to withstand such attacks.

In addition, businesses should also ensure they have a clear policy in place to handle any security breach and provide customers with a way to report any suspicious activity on their account.