The Power of Partnership in Payment Fraud Prevention
Navigating the Future of Secure Transactions Through Collaboration
How do consortium analytics improve fraud detection efficiency?
Consortium analytics represent a paradigm shift, moving from isolated defense to collective intelligence. By pooling anonymized transaction data from thousands of institutions, these partnerships create a powerful network effect that uncovers fraud patterns invisible to a single organization.
Network-Wide Visibility
Instantly flag high-risk payees across wire, ACH, and instant payments by leveraging shared data from millions of counterparties, identifying mule networks and compromised accounts before funds are lost.
Peer Benchmarking
Experts call consortiums a “difference-maker,” enabling institutions to benchmark their risk exposure and detection strategies against industry peers, leading to more effective, adaptive defenses.
What role does AI play in preventing payment fraud in 2026?
AI is a double-edged sword. Scammers leverage it to scale sophisticated attacks like virtual kidnapping and Authorized Push Payment (APP) fraud. Conversely, AI and machine learning are our most potent defenses, enabling real-time, holistic threat detection across all payment channels.
Top Fraud Avenues Reported
63%
63%
38%
CNP Fraud Dominance
Card-not-present transactions drive 70% of all credit card fraud losses, highlighting the vulnerability of online and remote payments.
Expanding Defense Toolkits
Merchants now average 5 fraud detection tools, up from 4 in 2022, signaling a move towards more layered, sophisticated defense strategies.
Key Challenges & Opportunities
Technological
Challenges:
Converging fraud across payments, crypto, and mule networks; AI-scaled scams; data silos limiting context.
Opportunities:
AI and consortium analytics for real-time detection; multi-tool stacks including verification services.
Operational
Challenges:
Balancing customer experience with fraud interventions; declining fund recovery rates; meeting compliance deadlines.
Opportunities:
Holistic solutions for quicker, safer fund availability; cross-institution data sharing to mitigate network-wide risk.
Economic & Regional
Challenges:
High fraud management costs in APAC & Latin America (up to 19% of revenue); resource gaps for small businesses.
Opportunities:
Partnerships to reduce global losses and optimize acceptance rates, such as North America’s 75% average.
Ready to Build Your Fraud Prevention Partnership?
Leverage collective intelligence to protect your organization. Let’s discuss how collaborative defense strategies can secure your payment ecosystem.