PYMNTS

JUNE 6, 2019

When it comes to small business (SMB) lending, the top two contenders for business owners are banks and alternative financiers or online marketplaces. The SBA and NCUA collaboration is a three-year agreement that aims to build upon that momentum, and heighten CUs’ share of the SMB lending market. Credit Unions In Growth Mode.

Lending 129

Lending Analytics Data Security 129

Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. These types of scams fall under the broad term of remote authentication fraud, and they’re increasingly common—and inventive. Examples of remote authentication fraud. New account fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

Abrigo

SEPTEMBER 7, 2023

Adapt to a dynamic banking environment with real-time lending & credit data Lender dashboards and reports showing the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, etc. Ironically, data for making lending and credit decisions for the financial institution can also be one of the toughest assets to harness.

Report 195

Report Lending Trends Data 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? Keeping up with OFAC Russian sanctions , customer due diligence regulations, and consumer lending compliance expectations can be challenging. For example, launching a new lending program is a great opportunity to explore a new know-your-customer platform.

Technology 195

Technology Fraud Compliance Regulation 195

FICO

JUNE 14, 2019

While the audience was comprised of a diverse group of stakeholders involved throughout the automotive lending lifecycle, pretty much everyone had one thing in common; they had all the unfortunate experience or had knowledge of some sort of fraud in their line of work. Like most things, auto finance fraud has evolved over time.

Analytics 40

Analytics Fraud Lending Online 40

FICO

MAY 11, 2017

I was looking over my blog archives the other day and read this chestnut from December 2015: “With the introduction of EMV in the US, both [card not present and application fraud] are up – especially the sophistication of the synthetic identities used in application fraud.”. Customer expectations create fraud opportunities.

Analytics 45

Analytics Fraud South Carolina Lending 45

Gonzobanker

SEPTEMBER 21, 2023

CSI partnered with Dragonfly for treasury management and with Hawk AI for fraud and anti-money laundering solutions. Private equity firm Flexpoint Ford acquired Baker Hill , provider of loan origination, risk and analytics software (our analysis here). Credit union lending platform Clutch partnered with Zest.ai

Fintech 103

Fintech Software Illinois Lending 103

Abrigo

JULY 14, 2023

Leapfrog competition, reduce risk How to develop banking strategies using your data Everywhere bank and credit union leaders look, it seems, someone is talking about how financial institutions should leverage their data and analytics to develop strategies for leapfrogging competition and reducing risk.

Strategy 195

Strategy Data Analytics Analysis 195

Abrigo

DECEMBER 5, 2023

Analytical competence and investigative instinct: The ability to scrutinize complex financial transactions and identify suspicious patterns is essential. If the BSA Officer is a higher level and a “big picture” leader, process managers must naturally be analytical and confident to fill this necessary skill set.

Training 221

Training Compliance Regulation Software 221

FICO

DECEMBER 1, 2020

I’m delighted to announce that FICO has been named as the Category Leader for Financial Crime - Enterprise Fraud in the recently published 2021 Chartis RiskTech 100. It discusses the need to deploy effective enterprise-wide solutions for fraud and financial crime management that can adapt to changing customer behaviour.

Fraud 59

Fraud Risk Management Analytics Management 59

PYMNTS

OCTOBER 2, 2018

We’re also a pure-play technology company, designed to support banks [that] want to offer lending products, but … either can’t or won’t dedicate hundreds of millions to building the capacity,” he said. Amount’s first target group of banks will be large institutions looking for a highly customizable lending solution.

Lending 134

Lending Alabama Online System 134

Abrigo

JUNE 5, 2023

Takeaway 3 Banking intelligence that's purpose-built for banks and credit unions combines analytics and intuititve dashboards. This report requires (and therefore improves) communication between the credit and lending area of the bank or credit union and those responsible for liquidity management.

Report 195

Report Risk Management Capital Data 195

PYMNTS

FEBRUARY 22, 2019

million Series A funding round for its platform, which enables small business accountants to access analytics and resources to enhance their advisory services for small business clients. Germany and Poland as it strengthens its position as a small business lending platform. Capitalise. Capitalise has announced a $4.6

Lending 139

Lending Capital Fraud Tools 139

FICO

SEPTEMBER 6, 2017

In this podcast for Lend Academy, FICO Blog author Dr. Scott Zoldi talks about his role as FICO's Chief Analytics Officer, the company's AI innovations and how they are being applied in credit risk, fraud management and more. For more information, visit the Lend Academy page on this podcast.

Lending 95

Lending Fraud Data Analytics 95

BankInovation

JUNE 2, 2021

Financial institutions face innumerable risks related to compliance issues and information security, as well as fraud and cybersecurity breaches. Ian Dunn, general manager of portfolio analytics for digital lending solution nCino, will share his […].

Security 98

Security Compliance Analytics Lending 98

PYMNTS

NOVEMBER 6, 2019

In a recent interview, PYMNTS spoke with Affirm Chief Strategy and Risk Officer Sandeep Bhandari and Head of Data Science Nitesh Kumar about the company’s authentication techniques and how Affirm deters fraud by leveraging a sophisticated artificial intelligence (AI)-driven analytics system. Fraud Faces the Machine.

Fraud 100

Fraud System Cards Data 100

Gonzobanker

MAY 30, 2017

Everybody’s talking about analytics these days and it’s not just in the predictable tech and fraud circles but in finance, marketing and lines-of-business. President John Dean from the early days of bank analytics 25 years ago – “ more loans, better loans, faster loans.” Analytics: The Hot Crazy Matrix. It’s everywhere.

Analytics 71

Analytics Data System social media 71

FICO

SEPTEMBER 29, 2022

Delivering Trust for Risk-Aware Telcos - Using Data and Analytics. Monitoring customer value, before automatically determining the right action for each customer, with a combination of advanced analytics, multiple data sets and informed insight, will help ensure the right action - every time. FICO Admin. Tue, 07/02/2019 - 05:23.

Analytics 52

Analytics Data Risk Management Customer Experience 52

FICO

FEBRUARY 28, 2018

But how can it best be used to fight application fraud? It was not much before Deep Blue, in 1992, that FICO pioneered the use of artificial intelligence and machine learning to fight credit card fraud. Fraud losses on US credit cards were reduced by over 70% since the introduction of FICO’s real-time anti-fraud analytics.

Fraud 69

Fraud Analytics Regulation Examples 69

PYMNTS

AUGUST 21, 2020

New Report: How Behavioral Analytics Help FIs Block Fraud at the ITM. In August’s Digital-First Banking Tracker, Jason Powers, senior vice president at Ascend Federal Credit Union, explains how behavioral analytics at the ITM help keep fraudsters away. Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars.

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

FICO

JANUARY 7, 2019

The tremendous interest in AI and machine learning drove the readership on the Fraud & Security blog in 2018. 5 Keys to Using AI and Machine Learning in Fraud Detection. Author TJ Horan, FICO vice president for fraud solutions, wrote a five-part series on the keys to using AI and machine learning in fraud detection.

Fraud 74

Fraud Security Analytics Training 74

PYMNTS

AUGUST 23, 2019

Among the stories we ran over the past few days is a deep look at the problems with Chase Pay, new information about AI fighting fraud, new research into the gig economy and subscriber churn, and a feature about the risks of online disaster relief efforts. Visa Debuts AI-Powered Fraud Fighting Tools.

Lending 109

Lending North Carolina Fraud United States 109

PYMNTS

APRIL 25, 2016

Plus, the latest analysis on alternative lending demand, expense management fraud and the gap between what CFOs have for their companies and what they need. alternative lending sector signals a massive increase in demand among SMEs , according to Amicus Finance. billion valuation for the U.K.

Fraud 100

Fraud Cards Lending Analysis 100

PYMNTS

JULY 29, 2019

In Pennsylvania, a local CU is working to enhance its members’ financial journeys with improved personalized experiences using data analytics solutions. The new service, Flex Loan, is being offered by SkyPoint Federal Credit Union and was established through a partnership with cloud-based mobile lending platform QCash Financial.

Pennsylvania 173

Pennsylvania Analytics Maryland Innovation 173

FICO

JUNE 20, 2018

In a recent blog post , I discussed how FICO is fighting application fraud by leveraging artificial intelligence (AI) and machine learning in fraud detection, including an overview of supervised, unsupervised, and adaptive analytics techniques and the need to balance transparency (explainable AI) with predictiveness.

Fraud 55

Fraud Analytics Data Examples 55

Gonzobanker

AUGUST 17, 2022

Lending Tech With Almost Steady Grades (Even With Rough Semesters). Mortgage services provider ICE acquired mortgage services provider Black Knight bringing together the two largest providers in the space.

Fintech 184

Fintech Lending Software Compliance 184

South State Correspondent

APRIL 15, 2024

The Bank aims to be a responsible citizen at the local level in every community where it lends and takes deposits. AI and ML is being utilized in marketing, fraud and risk, and increasingly in software engineering, customer service, as well as employee productivity. The bank holds the #1 market share for multifamily lending.

Community 195

Community Community Bank Leadership America 195

PYMNTS

JANUARY 23, 2020

Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud. Artificial intelligence-based behavioral analytics could be merchants’ answer to the countering eCommerce fraudsters’ ever-changing tactics. Amid FICO Changes, Does Lending Slowdown Loom? Fair Isaac Corp.,

Fraud 131

Fraud Community Bank Analytics Study 131

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. The lending attack on community banks and credit unions has been waged. LENDING VERTICALS. peer-to-peer or Marketplace) and lending vertical.

Conference 60

Conference Lending Community Bank Community 60

PYMNTS

FEBRUARY 11, 2020

lending, advancement of our strategic initiatives and improved capital efficiency.”. Breslow pointed out that the company’s analytics capabilities were enhanced in 2019 with innovations in its fraud prevention capabilities.

Lending 131

Lending Analytics Fraud Capital 131

FICO

APRIL 21, 2023

This in turn should increase financial inclusion and lending opportunities for credit challenged customers. In her present role as Product Management Senior Director, Scores and Analytics, Sharon has product responsibility for several U.S.-based Interested in learning more about UltraFICO®, The Open Banking Score™?

Data 52

Data Lending Trends Branding 52

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. Sure, it shows that investors aren’t ready to give up on alternative lending just yet. million in funding it just raised to continue growing in the fraud and risk management industry. SMB Finance.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

APRIL 26, 2016

Access to real-time data analytics can have the power to change the way these types of decisions are made, making it no surprise that businesses are seeking real-time decision-making capabilities for a variety of different use cases. “The application of predictive analytics is relatively new to the ACH and transaction processing world.

Analytics 100

Analytics Payments Data Fraud 100

PYMNTS

JULY 27, 2020

Synthetic ID fraud can be especially hard to spot. Using real credentials lends authenticity to these schemes and allows them to elude many fraud detection systems, and cybercriminals can avoid tipping off victims by not using pilfered identities wholesale. Device Authentication.

Data 146

Data Fraud US social media 146

PYMNTS

JUNE 28, 2019

The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Capital 108

Capital Analytics San Francisco Lending 108

FICO

JANUARY 29, 2021

Submissions included complex optimization problems, the automation of previously manual business processes and using the power of AI and machine learning to stop fraud and improve lending. Fraud & Security - Conductor Brazil. Prasanna Dhoré , Chief Data & Analytics Officer, Equifax. Financial Inclusion – Grupo Monge.

Meeting 98

Meeting Analytics Florida Fraud 98