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Pay by Bank and First-Party Fraud: Balancing Innovation, Data, and Risk

Pay by Bank and First-Party Fraud: Balancing Innovation, Data, and Risk

Published 10 hours ago
Description

As Pay by Bank adoption grows across digital wallets, e-commerce, gaming, and other emerging use cases, financial institutions face new opportunities and new risks. In this episode of Payments Perspective, Jim Petkovits speaks with Matt Friend of JPMorgan about how Pay by Bank, open banking, and aggregators work together to create seamless payment experiences, while also exploring the rise of first-party fraud, the importance of richer transaction data, and the industry initiatives aimed at improving fraud detection, dispute resolution, and customer protection.




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