PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

Online 101

Online Fraud Branding social media 101

Abrigo

APRIL 2, 2020

Key Takeaways Elderly persons are more susceptible to fraud during crises like the coronavirus pandemic. As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue throughout this difficult period.

Fraud 335

Fraud Resources Software Training 335

PYMNTS

MARCH 8, 2019

percent since the start of 2019, it is still 37 percent below the multi-year high it reached last June, according to Bloomberg. Twitter isn’t the only social media site looking to boost its privacy measures. And while the stock has gained 4.8 consulting firm that has since closed down.

social media 156

social media Tools Report Data 156

PYMNTS

JULY 16, 2019

Facebook has also partnered with Citizens Advice to form a specially trained team to assist those who have been targeted by online scams. including phishing websites, bank fraud and fake investments selling nonexistent commodities and shares of stock. The initiative is intended to increase awareness of financial scams in the U.K.,

Tools 108

Tools Report social media Training 108

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. Tue, 07/02/2019 - 02:45. million consumer fraud and 1.4 FICO Admin. by Sarah Rutherford. expand_less Back To Top.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

APRIL 27, 2020

Banks do not always have the budgets or resources to craft cutting-edge online and mobile experiences, although they can no longer afford to put off digital transformations. The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

OCTOBER 13, 2020

And, while terrorist use of cryptocurrency is still evolving, certain terrorist groups have solicited cryptocurrency donations running into the millions of dollars via online social media campaigns.”. billion of cryptocurrency reportedly was lost to theft or fraud – double that of the previous year.

cryptocurrency 206

cryptocurrency United States social media Regulation 206

PYMNTS

JUNE 4, 2019

The rise of the digital economy has resulted in growing concerns about identification, not the least of which is making sure that people who try to open financial accounts, or complete a variety of online or mobile transactions, are who they say they are. However, if data is vital to the digital economy, so is identity (ID) verification.

Online 155

Online Fraud social media Data 155

PYMNTS

AUGUST 21, 2019

Dealing with the online aspect of disaster relief requires a new, tighter approach to ID verification and authentication. What can make all that so much worse is fraud. Unfortunately, where there is tragedy, there is fraud.”. Even social media is getting in on the act. Another factor?

Fraud 188

Fraud social media Mobile Online 188

PYMNTS

SEPTEMBER 11, 2019

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. Fraud Trends. Fraud Crackdown. billion in 2018. It’s gone,” the report stated.

Fraud 163

Fraud social media Cards Bitcoin 163

PYMNTS

JULY 16, 2019

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. Both are looking to maintain quick, efficient service to which end customers have become accustomed when it comes to online purchases and transactions. Deep Dive: Retailers Brace For SCA’s Downsides.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

JUNE 19, 2020

The suit alleges that Amazon shut down Kaitlyn Pan’s seller account in September 2019, but Pan continues to import, distribute, sell and offer infringing products through its website. It has seized more than 2,000 products over the past three years and has carried out anti-counterfeit activity on online platforms.

social media 181

social media United States Branding National 181

PYMNTS

NOVEMBER 26, 2020

Another recent report underscored these issues’ pervasiveness, finding that 81 percent of data breaches three years ago were perpetrated using stolen or weak passwords and that this share had fallen only 1 percentage point by 2019. . A silver lining exists, however. A key facet of this shift has been an increased reliance on mobile phones.

Security 174

Security social media Retail Fraud 174

Cisco

OCTOBER 15, 2019

This month provides a focused opportunity for government and industry (including financial services firms like yours) to come together with a comprehensive set of best practices for businesses and individuals to protect themselves online. Read more here: Modern Bank Robbery: Addressing Cyber Fraud in Retail Financial Services.

Tools 61

Tools social media National Fraud 61

PYMNTS

JUNE 14, 2019

However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S. The study came up with Reputation Scores, measured on a scale of 100 to 1,000, based on online reviews, accurate listings, social media, search results and customer engagement.

Retail 103

Retail Study Online Mobile 103

PYMNTS

JANUARY 9, 2019

Facebook is facing accusations from Vietnam that the social media giant did not remove content that it said was “slanderous,” reported Financial Times. Citing a briefing in Hanoi, Vietnam on Tuesday (Jan. Vietnam said Facebook delayed taking down content and wouldn’t provide information on accounts.

social media 108

social media Taxes Compliance Google 108

PYMNTS

APRIL 8, 2019

Sharing is, in fact, enormously complex, prone to fraud and frustration, at least when it comes to digital payments and commerce. The rise of the global sharing economy — tied to online marketplace operations — is sparking challenges related to trust, security and confidence for buyers and sellers alike. Supply Of Data.

Payments 195

Payments Data Fraud social media 195

PYMNTS

JULY 19, 2019

And, despite reporting on July 12 that the Federal Trade Commission (FTC) had reached an agreement to fine Facebook $5 billion, shares in the social media company were up $3.84 Payroll Fraud Could Cost KeyCorp $90M. Prime Day 2019: Amazon’s All-Time Biggest Shopping Event. and closed at $204.87.

Cleveland 128

Cleveland social media Fraud Google 128

PYMNTS

JANUARY 31, 2020

Even customer behavioral analysis can fall short of sensing some thieves, according to Doug Clare, vice president of fraud product management at the consumer credit score, analytics software and fraud detection platform provider FICO. The social media platform released its fourth-quarter earnings and full-year 2019 financials on Jan.

Cards 131

Cards Technology social media Meeting 131

Cisco

MAY 29, 2019

Features such as end-to-end online account opening and simple, secure ID verification tell customers “we see you, and we value your time.” Power 2019 U.S. Customer satisfaction scores also decline in online assisted customer service (online chat, email or social media channels). 2019 website.

Customer Experience 71

Customer Experience Retail San Diego Study 71

Cisco

MAY 29, 2019

Features such as end-to-end online account opening and simple, secure ID verification tell customers “we see you, and we value your time.” Power 2019 U.S. Customer satisfaction scores also decline in online assisted customer service (online chat, email or social media channels). 2019 website.

Customer Experience 48

Customer Experience Retail San Diego Study 48

Abrigo

SEPTEMBER 18, 2020

Key Takeaways FinCEN has released three COVID-19-related advisories that remind financial institutions to stay alert to increasing fraud trends. Adjust your scenario thresholds and ensure your front line staff is aware of these fraud red flags to help detect and deter COVID-19-related fraud.

Fraud 195

Fraud Trends social media Regulation 195

PYMNTS

DECEMBER 31, 2018

So, as we turn the page to 2019, a year that will no doubt see more of the same, here’s another look at those that made The Best Of The Worst Things To Happen In 2018 list. The social media giant found that attackers were able to take control of user accounts through a function within the platform’s code, according to reports.

Data 230

Data Security Tools Cards 230

Fintech Labs Insights

DECEMBER 10, 2020

Nov 2019: Dubai – 2 winning demos (14 minutes). Oct 2019: Singapore – 2 winning demos (14 minutes). Sep 2019: NYC – 9 winning demos (63 minutes). May 2019: San Francisco – 7 winning demos (56 minutes). iProov Product : Biometric online authentication. . . Finovate MiddleEast (Nov 2019).

Fintech 15

Fintech Video San Francisco social media 15

Fintech Labs Insights

DECEMBER 10, 2020

Nov 2019: Dubai – 2 winning demos (14 minutes). Oct 2019: Singapore – 2 winning demos (14 minutes). Sep 2019: NYC – 9 winning demos (63 minutes). May 2019: San Francisco – 7 winning demos (56 minutes). iProov Product : Biometric online authentication. . . Finovate MiddleEast (Nov 2019).

Fintech 15

Fintech Video San Francisco social media 15

Fintech Labs Insights

JUNE 30, 2020

Specifically: Feb 2020: London – 6 winning demos (42 minutes) Nov 2019: Dubai – 2 winning demos (14 minutes) Oct 2019: Singapore – 2 winning demos (14 minutes) Sep 2019: NYC – 9 winning demos (63 minutes) May 2019: San Francisco – 7 winning demos (56 minutes). iProov Product : Biometric online authentication.

Fintech 15

Fintech Video San Francisco social media 15

Fintech Labs Insights

SEPTEMBER 25, 2020

Specifically: Sep 2020: Fall Digital – 5 winning demos plus Q&A (50 minutes) Feb 2020: London – 6 winning demos (42 minutes) Nov 2019: Dubai – 2 winning demos (14 minutes) Oct 2019: Singapore – 2 winning demos (14 minutes) Sep 2019: NYC – 9 winning demos (63 minutes) May 2019: San Francisco – 7 winning demos (56 minutes).

Fintech 12

Fintech Video San Francisco social media 12

FICO

MAY 19, 2021

What Is First-Party Fraud? From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. Tue, 07/02/2019 - 02:45. Perhaps surprisingly, consumers sometimes use their own personal information to commit fraud. Both of these crimes are first-party fraud.

Fraud 52

Fraud Groups Analytics Compliance 52

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. With much banking moving online or to smartphones, interactions with customers can be less frequent. Use social media to build trust. Focus on community.

Community 139

Community Community Bank social media Security 139

CFPB Monitor

JUNE 26, 2022

billion in 2019 to $3.4 Similarly, the Federal Trade Commission reports that older adults account for 35 percent of the victims associated with filed fraud reports when a consumer has provided an age. billion in 2020. Theft and Scams. The Advisory divides EFE schemes into two basic types: thefts and scams. .

social media 78

social media Fraud Resources United States 78

PYMNTS

MARCH 31, 2020

legislators in several states are either drafting, voting on or have passed requirements to tackle online data’s and transactions’ importance, but these laws often do not integrate well with those passed in neighboring states. The COVID-19 pandemic has led to a jump in online payments versus those made in stores, for example.

Regulation 154

Regulation Data US Washington 154

PYMNTS

AUGUST 26, 2019

Much has been written about artificial intelligence (AI)-powered tools for fraud detection and security. What else can it do, though, especially for online marketplaces? Visual search has held promise for online retailers for some time, especially since offering more visual content can engage tech-savvy millennial and Gen Z consumers.

Customer Experience 109

Customer Experience Millennials Retail social media 109

PYMNTS

AUGUST 21, 2019

According to Meier, many of the data sets floating around in this arena need a sharper focus on the types of identifiers businesses tend to collect in 2019. Using that as a backbone, it becomes easier to collect all kinds of information that might be important, like incorporation filings, LinkedIn data and social media threads.”.

Compliance 170

Compliance social media Data Marketing 170

CB Insights

JUNE 5, 2019

Biometric technology such as facial recognition can quickly and accurately identify individual people and their emotional state, making it a powerful tool for ensuring security and preventing fraud. US insurer Legal & General America partnered with Lapetus to launch an online tool known as SelfieQuote in 2018.

Technology 78

Technology US Company Security 78

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business. — Ben Kaufman, founder, Quirky.

Apple 78

Apple Branding Google Company 78

CB Insights

FEBRUARY 19, 2019

LIVE BRiefing: AI Trends to watch in 2019. LIVE BRiefing: AI Trends to watch in 2019. Astrophysicist Neil deGrasse Tyson is never one to shy away from controversial opinions, particularly on social media. A Tesla Model 3 owner in California died while using the car’s Autopilot feature. First name. First name.

Technology 78

Technology System National US 78

Gonzobanker

DECEMBER 14, 2023

Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. The Financial Branding Quote of the Year Award – goes to Piper Sandler’s Scott Hildenbrand : “Every bank has a peer group to compare their financial ratios, but bank leaders should also have a social media peer group.” Paul Murphy, founder of Murphy & Co.

Fintech 194

Fintech Community Regional Technology 194