April 19, 2017
Preventing fraud in real-time payments
Richard Dear, Business Development Director, Icon Solutions, takes a look at the latest machine learning technology for protecting real-time payments.
One of the biggest changes currently occurring in payments is the move to real-time account-to-account payments. Ahead of the NACHA payments conference in the United States, Richard Dear takes a look at what the U.S. can learn from early adopters about the risks and challenges associated with real-time payments.
Icon and Featurespace have partnered to protect banks from fraud in real-time payments with the Instant Payment Framework and integrated ARIC platform. The latest machine learning technology understands every individual in real time to spot fraud at the moment it happens.