Jim Ducharme, COO, Outseer and Ken Palla, MUFG Union Bank's retired Director
Outseer's Jim Ducharme, COO and MUFG Union Bank's retired Director Ken Palla on Authorized Versus Unauthorized Fraud.
Whether or not a bank customer authorized a fraudulent P2P payment can be the difference between whether or not the customer is able to get reimbursed by their bank. Outseer COO Jim Ducharme and MUFG Union Bank retired Director Ken Palla break down the significant legal and regulatory differences between authorized and unauthorized P2P payments fraud.
In this video interview with Information Security Media Group at RSA Conference 2022, Ducharme and Palla also discuss:
• Direct and indirect effects of P2P payment fraud on clients.
• Controls that can help organizations mitigate damage.
• Regulatory changes across the globe tied to P2P fraud.