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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks. There are no accidental targets.

Fraud 195
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LatAm’s RobinFood Says It’s A Tech Company That Sells Food … And It’s Working

PYMNTS

Colombia-based RobinFood — Latin America’s fastest-growing chain of “cloud” restaurants — credits proprietary technology, the explosive growth of FinTechs and pandemic-led lifestyle changes as the secrets of its success. Despite low average incomes, Latin America offers a huge overall market size and growth potential.

Company 184
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Does KBA Have A Place In Online SMB Credit Checks?

PYMNTS

As digital identities fast become a part of everyday life, the identity verification market is expected to reach $12.8 billion by 2024. Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025.

Online 144
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These Are Your Most Profitable Cash Management Clients

South State Correspondent

For starters, a customer may carry large balances but not generate franchise value if those balances are all in high-paying money market accounts or are highly volatile. Finding this intersection is the key to the efficient use of sales and marketing resources. We ranked the Top 20 Deposit-Rich Industries ( HERE ).

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How Beacons And Mobile Are Fueling Commerce Innovation

PYMNTS

As more retailers try to get more shoppers into their stores – not everything is about eCommerce, after all – new technologies are playing a big role. That technology promises to play a bigger role this holiday shopping season, according to an analysis. The market is growing and will reach some $10.2 That includes beacons.

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Oracle Brings FinTech Program To Brussels, Blockchain Poised For Growth In India

PYMNTS

In addition, blockchain technology is expected to take hold in India and BS/2 plans to expand its point-of-sale (POS) terminal network in Georgia. The firm said the market is dependent on the growth of digital payment solutions through a Unified Payment Interface (UPI) and digital wallets.

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Domino’s To Offer In-Car Ordering In Connected Cars

PYMNTS

According to IHS Markit, by 2024 there will be some 75 million vehicles with display screens, and many of them will be compatible with food ordering platforms. Domino’s has been pushing into all kinds of new technologies, including ordering from smartwatches, TVs, Alexa and Google Home. ”

Regional 122