Analysisreal time paymentsfraud preventioningo payments
Instant Payments Improve Security Versus Checks
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7.1
PYMNTS Intelligence and Ingo Payments' Money Mobility Tracker reports rising instant payments adoption but persistent fraud fears among businesses and financial institutions. The study finds 16% of firms experienced payment fraud, notes checks are 16 times likelier to be lost or altered, and shows 37% now cite enhanced security as a top benefit, up from 25% a year earlier. Institutions must invest in monitoring and governance.
Scoring Rationale
Credible industry survey with practical guidance; limited novelty but wide scope and clear implications for payment firms.
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