Combating Risk & Fraud

We are a coalition of organizations across the payments ecosystem dedicated to collaborating on identifying, detecting, and implementing best practices to combat complex fraud.

Key Risk Indicators (KRI)

Actively measuring prevention, mitigation, and recovery effectiveness via the creation of KRIs.

Driving Costs Down

Working to decrease overall costs associated with fraud detection, intervention and recovery.

Shared Resources

Our members share data, analysis and insights that assist in identifying and exposing fraud.

Network with Experts

Providing community perspective for members’ fraud reduction initiatives.

Disaster Avoidance

Expertise in detecting, exposing and mitigating fraud within an evolving payments industry

C-Level Sounding Board

Collective knowledge-base providing additional perspective, analytics and considerations.

About the

Financial Fraud Consortium

A global concern unites our members. Fraud and the considerable financial and reputational risk that this multi-faceted threat poses. The Financial Fraud Consortium aligns our numerous resources to promote open discussion around effective methods to increase transaction processing efficiency and enable practical countermeasures while balancing a positive customer experience.

Our Goals

Our Mission to Stop Complex Fraud

Members of the Financial Fraud Consortium fully understand that the evolving payments ecosystem is always at ever-increasing risk. As fraud increases in frequency and sophistication, collaboration plays a vital part in preventing, detecting, and responding to events to mitigate considerable financial losses or significant risk to reputation in the marketplace.

The Strength of Data

The Power of Collaboration

“We have been able to refine our processes through partners within the organization. The resources have been very beneficial.”
~ Catherine – Financial Institution Director

“The data shared has allowed us to catch multiple trends for our clients”
~ Maria – Pre-Paid Processing Director

“Our organization is smaller and the advantage of getting insight from other member companies has been extremely valuable as we continue to grow.”
~ Jim – Payment Processing Program Manager