PYMNTS

JUNE 11, 2020

This is fueling a wave of interest and need for digital alternatives, many of which leverage biometric technology. The technology itself is not new — many consumers already use biometric authentication in their daily lives, with 80 percent of consumers using their fingerprints to unlock their smartphones, for example.

Compliance 186

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PYMNTS

MARCH 1, 2016

29) that it has brought on board Amazon’s former chief security officer, Tom Killalea. WSJ noted that “especially valuable” is Killalea’s experience within the customer service arena, with security complementing expansion efforts by Capital One into data usage and software development, among other areas.

Capital 100

Capital Security Data Software 100

PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

Technology 101

Technology San Francisco Fintech Financial Technology 101

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Use of Apple Pay, Samsung Pay etc.

Payments 150

Payments Bitcoin Samsung Fraud 150

Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Distributed Ledger Technology. Use of Apple Pay, Samsung Pay etc.

Payments 150

Payments Bitcoin Samsung Fraud 150

PYMNTS

JUNE 25, 2018

Cybercriminals have a new favorite weapon in their quest to allude regulators, law enforcement and corporate security departments: account takeovers. Victims paid an average of $290 out of pocket in 2017, and spent approximately 15 hours resolving takeover-related fraud. That means anyone can use account takeovers to commit fraud.

Payments 116

Payments Security Fraud Online 116

PYMNTS

OCTOBER 6, 2017

In a state of constant change, how does an online retailer ensure it is keeping up with the best customer experience, security, payments solution or fulfillment process? It was only a few years ago that retailers started looking externally for strategic answers to how they were managing inventory or how they were keeping fraud at bay.

Retail 109

Retail Fraud Customer Experience Management 109

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far.

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PYMNTS

AUGUST 8, 2017

The movement to blame technology comes in the wake of a civil case that was filed by AUSTRAC, billed by the newswire as a financial intelligence agency. The same suit alleges that the bank did not suspend accounts that were tied to fraud. The error was not fixed until three years later, said the bank.

Fraud 108

Fraud Software Report Data 108

NCR

SEPTEMBER 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 75

ATM Fraud Illinois Cards 75

Accenture

SEPTEMBER 22, 2019

But there’s another reason why the neo-challengers are so front-of-mind: They’re industry leaders in cultivating technology innovation and optimising customer service and experience. Measures enacted to make the sector more financially secure have also increased costs and reinforced the incumbents’ competitive advantage.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

OCTOBER 7, 2019

Identity security is key when it comes to protecting financial information, and it can be devastating if sensitive documents from credit checks fall into the wrong hands, making authentication critical. As part of the sign-up [process], the user provides us with [their] full name, address and Social Security number. How Nav Works.

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NCR

MARCH 16, 2017

The growth of EMV technology around the world is perhaps one of the biggest steps the industry as a whole has taken to tackle fraud. Of this, less than a tenth of fraud actually occurred in Canada itself, which the organization credited largely to the completion of the migration to EMV technology that started back in 2008.

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PYMNTS

APRIL 11, 2019

And when it comes to one of the emerging digital commerce technologies, virtual reality , pornography is serving as a trailblazer of sorts (to no one’s actual surprise, perhaps). When ransomware first emerged, enterprise security teams rarely saw it as a major security threat,” reads one recent analysis of that type of cyberattack.

Online 129

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PYMNTS

MARCH 18, 2019

Rethinking Security Strategies . Financial and Ethical Security Strategies. banks increasing their AML compliance staffing tenfold between 2012 and 2017, according to one report. Money is the lifeblood that fuels any organization, and that includes terrorist and other criminal groups.

Compliance 181

Compliance Regulation Chicago Tools 181

PYMNTS

JULY 5, 2018

The problems of security, data breaches, identity verification and user authentication just keep getting bigger. In eCommerce, for example, card-not-present fraud has climbed 250 percent since 2012. That growth in fraud isn’t just increasing costs; it’s also blunting growth in digital retail channels. Network Tokens.

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Cards Fraud Security Data 104

PYMNTS

JANUARY 6, 2020

It may be immediate and far-reaching, disrupting lives and wreaking havoc across the basic technological and tangible infrastructure that underpins daily life. A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. The damage? The enemies? Unseen, behind screens. 3) by the U.S.

US 131

US Las Vegas Cyber Security Los Angeles 131

FICO

NOVEMBER 30, 2022

Throughout these years of working with insurance companies to leverage technologies such as like data streaming and orchestration , rules authoring and automation , as well as customer communications , MLx (Machine Learning executor), optimization , and others, I've noticed a trend. Fighting Insurance Fraud.

Fraud 52

Fraud Analytics Data Examples 52

PYMNTS

OCTOBER 17, 2018

If history is even a rough guide to the future, you can bet that some of the case studies, technology and techniques gained from what promises to be a major operational effort will make their way into the payments and commerce mainstream — which, of course, has its own daily issues with data breaches, hackers, fraud and authentication.

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Money and Payments

MARCH 30, 2012

But technology, money and society continue to develop and that''s where Dave Birch and his team of Consult Hyperion come in. bitcoin cash (and kicking it out) e-money (licenses) ECB / ESCB efficiency history m-payments mobile payments NFC Payment Services Directive POS security and fraud standardisation terminals Visa or MC'

Bitcoin 28

Bitcoin Fraud Security Mobile 28

PYMNTS

DECEMBER 6, 2019

The original probe was triggered by allegations that Facebook violated a 2012 consent decree with the FTC by sharing personal information of about 87 million users with Cambridge Analytica. Simons said the FTC’s Technology Enforcement Division (TED) was looking retroactively at mergers that were previously approved. “We

Data 131

Data Apple Google Groups 131

Fintech Labs Insights

SEPTEMBER 17, 2015

Perceive is a patented, remote facial biometrics solution designed to address account takeover fraud and transaction security. Founded: September 2012. The post Socure Launches its Facial Biometric Anti-Fraud Technology, Perceive appeared first on Finovate. Socure is announcing Perceive at FinovateFall 2015.

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PYMNTS

MAY 5, 2017

Goldman Sachs Principal Strategic Investments led the investment, Nav said, while CreditEase FinTech Investment Fund, Point72 Ventures and Clocktower Technology Ventures also participated. Finance Wales also provided funding, with additional backers including existing shareholders and Thorium Technology Investors, it noted. “W2

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NCR

AUGUST 4, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Illinois Cards 40

Fintech Labs Insights

APRIL 12, 2024

I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

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PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. Now that merchants are more responsible for fraud that happens in their stores, he said, “it’s our responsibility to teach them about these tools, like EMV, that can secure them and secure their businesses.

Retail 100

Retail Apple Fraud Online 100

Abrigo

JULY 23, 2021

Weapons of mass destruction (WMD) is defined by Homeland Security as a nuclear, radiological, chemical, biological, or other device that is intended to harm a large number of people. financial system, known as secondary sanctions (Executive Order 13599 on February 5, 2012). In addition, the U.S. In the U.S.

National 195

National Training United States Regulation 195

PYMNTS

JANUARY 24, 2018

Despite major advancements in technology, however, the notarization process continues to be slow and outdated. In a recent interview with PYMNTS, Mayer explained that many in the industry are interested in seeing the technology take off, but there are legal and other challenges that can get in the way. Securing the Signatures.

Knowledge Base 121

Knowledge Base Security Virginia Technology 121

PYMNTS

DECEMBER 6, 2018

An overseer at HSBC flagged questionable transactions by Huawei Technologies, leading to the arrest of Huawei Chief Financial Officer Meng Wanzhou, according to a report by The Wall Street Journal. In 2012, HSBC said it would pay the United States $1.9 The overseer was appointed under an agreement between the British bank and U.S.

United States 111

United States New York America Report 111

PYMNTS

FEBRUARY 18, 2019

An exact amount hadn’t been agreed upon as of last week, but the fine is expected to be the largest to ever be imposed by the FTC on a technology company. Google in 2012 paid $22.5 million to the FTC to settle an inquiry into how it handles data.

Regulation 134

Regulation social media Company Google 134

Fintech Labs Insights

OCTOBER 11, 2016

Lloyds Banking Group will be the first European institution to use “phone printing” technology to help fight fraud. ” Pictured: CEO, CTO, and founder Vijay Balasubramaniyan demonstrating Pindrop’s Fraud Detection System at FinovateFall 2012. .” The success rate has since reached 95%.

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NCR

FEBRUARY 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Illinois Cards 40

Fintech Labs Insights

JULY 6, 2016

Is the new multi-sign feature on the Ripple Consensus Ledger (RCL) the answer to preventing security breaches like the cyber-heist that cost the Bangladesh Bank more than $100 million? “Blockchain technology delivers a more robust and distributed security architecture for banks.” That’s how Ripple sees it.

Technology 16

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PYMNTS

JUNE 8, 2018

based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. In addition, organizations — those with a long view, at least — have long done cyberthreat assessments, a process centered around checking anti-hacking technology and the credibility of cyberattack response plans.

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PYMNTS

JUNE 12, 2017

First, it can help detect and avert fraud by making trends easier to spot. Zooz also offers secure data storage and protection for consumer information. OL: Ronen Morecki and I founded Zooz in 2010 and launched the company in 2012. PYMNTS: Can you give the history on the founding and launch of the company? We started with $1.5

Data 136

Data Retail Software System 136

PYMNTS

MAY 24, 2016

According to Apple-tracking site Patently Apple , Corydoras Technologies has brought a total of six patent infringement claims against Apple in its lawsuit, with claims dating back to the iPhone 4 and each iPad model since the iPad 2. VirnetX is a somewhat successful patent trolling operation.

Apple 104

Apple Samsung Video Software 104

PYMNTS

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function.

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