First-Time Payees, Payouts, and Why Clean...

Originally published at Riskernel. Some of the worst fraud losses do not look obviously bad at the transaction level. The amount may look normal. The device may be familiar. The customer may even pass the basic checks. Then the money leaves anyway, and the loss shows up later. That happens because many fraud systems still score the event too narrowly. The real weakness is often in the setup around the event: a first-time payee, a change in payout path, an unusual sequence before release of funds