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Boston (Massachusetts) [US], September 8 (ANI/PRNewswire): Recorded Future, the world's largest intelligence company, today announced the expansion of its Intelligence Cloud with Payment Fraud Intelligence, a single source of truth for identifying, mitigating, and preventing payment fraud. Payment Fraud Intelligence enables those focused on payment fraud, including financial institutions, card issuers, and e-commerce providers to disrupt the entire payment fraud lifecycle by helping to detect e-skimmer infrastructure and compromised cards associated with malicious activity. Payment fraud is a multi-billion dollar industry impacting merchants, cardholders, and financial institutions, and will result in over USD 400 billion in losses globally over the next decade. Historically, the industry has taken a reactive approach, waiting until fraudulent purchases take place, then attempting to limit losses, resulting in further reputational damages and financial losses. Recorded Future has u

News netNews release publishingBoston massachusetts usEptember 8 ani prnewswire recorded futureHe world 39s largest intelligence companyOday announced the expansion of its intelligence cloud with payment fraudA single source of truth for identifyingNd preventing payment fraud intelligence enables those focused onNcluding financial institutionsCard issuersNde commerce providers to disrupt the entire payment fraud lifecycle by helping detecte skimmer infrastructure and compromised cards associated with malicious activity isa multi billion dollar industry impacting merchantsEnd financial institutionsNd will result in over usd 400 billion losses globally the next decade historicallyHe industry has takena reactive approachAiting until fraudulent purchases take placeHen attempting to limit losses