The Nasdaq logo is displayed at the Nasdaq Market site in New York, U.S., May 2, 2019. REUTERS/Brendan McDermid/ File Photo
(Reuters) -Nasdaq Verafin and fraud detection firm BioCatch said on Wednesday they had formed a strategic partnership to combine their technologies to combat rising payments fraud.
Banks and payment firms are facing mounting pressure to protect customers from scams and social engineering schemes that prey on vulnerabilities in faster payment systems and drain accounts in real time.
