Despite substantial investments in fraud prevention tools and strategies, organizations must continually adapt to stay ahead of fraudsters who leverage advanced technologies to circumvent defenses. By striking the right balance between effective fraud prevention and seamless customer experiences, organizations can better position themselves to navigate the dynamic and challenging Latin American market, protecting their customers and their bottom lines.
This report delves into the state of identity fraud in Latin America, the strategies that organizations employ to protect themselves and their customers, and the planned enhancements to their control frameworks. Sponsored by Mastercard International, Datos Insights interviewed fraud and payment executives at 18 FIs and fintech firms across Brazil, Chile, Colombia, and Mexico, and five multinational merchants with a strong online presence in Latin America in Q1 2024.
Clients of Datos Insights’ Fraud & AML service can download this report.
This report mentions Mastercard.
About the Author
![David Mattei](https://datos-insights.com/wp-content/uploads/2023/05/NewBio_David_Mattei-300x162.jpg)
David Mattei
David Mattei is a Strategic Advisor at Datos Insights in the Fraud & AML practice. David has over 15 years of experience in the payments industry designing, building, and launching fraud and dispute systems. Fraud constantly poses financial and reputational risks to parties on both sides of a transaction, and David's customers have included merchants and financial institutions, giving him...
Other Authors
![Jim Mortensen](https://datos-insights.com/wp-content/uploads/2024/01/Jim-Mortensen-thumbnail-300x161.jpg)
Jim Mortensen
Jim Mortensen is a Strategic Advisor in Datos Insights’s Fraud & AML practice, covering identity, fraud, and data security issues. Jim has been in the financial services industry for over 30 years, delivering fraud prevention, identity verification, and credit underwriting solutions to top-tier financial institutions both domestically and internationally. Through his experience in the industry, he has developed a substantial...