PYMNTS

DECEMBER 5, 2019

The duo allegedly — and with the help of more than a dozen others — worked to deploy malware known as Dridex (aka Cridex and Bugat) and for committing wire and bank fraud. They are connected with a Russian hacking group known as Evil Corp., which has been known to release malware. Losses from those malware deployments came in at $70 million.

Groups 130

Groups Fraud North Carolina US 130

FICO

NOVEMBER 7, 2022

Fighting Scams and Authorized Push Payment Fraud in the US. US regulators seem poised to update the status quo for bank liability for authorized user/authorized push payment fraud, but just how big is the potential? In multiple geographies around the world, there has been a strong focus on authorized push payment fraud.

Fraud 52

Fraud US Payments South Carolina 52

PYMNTS

APRIL 26, 2017

Stefan Weitz, chief product and strategy officer and GM, payments, tax and fraud at omnichannel commerce technology provider Radial , joined the latest installment of PYMNTS’ Commander In Chief Series to share why reducing friction in the realm of consumer payments remains a key point of strategy for every online retailer.

Strategy 100

Strategy Retail Online Data 100

Abrigo

DECEMBER 8, 2021

Should BSA/AML board training be in person or online? Address recent fines and enforcement actions To keep up with constantly changing fines and enforcement actions, Bankers Online can be a great resource. Fraud Prevention. Fraud Trends. Fraud Prevention. Fraud Trends. Board Training. Learn More. Learn More.

Training 195

Training Resources Video Compliance 195

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

Abrigo

JUNE 23, 2020

We understand the trust you put in us when you use our BSA/AML and fraud software and we make the same investment in your program’s success. You can expect a response to your ticket within two hours when you submit a request through our online portal. Fraud Prevention. Fraud Trends. Fraud Prevention. Learn More.

Software 195

Software Community Fraud Resources 195

PYMNTS

JULY 24, 2019

In addition, Lacewell also announced leadership appointments in the new division, with Matthew Homer leading the new division as Executive Deputy Superintendent; Matthew Siegel and Olivia Bumgardner serving as Deputy Superintendents of the new division; and Andrew Lucas coming onboard as Counsel to the division.

Regulation 108

Regulation Bitcoin New York Online 108

Gonzobanker

JULY 8, 2022

However, in order to address this leadership mandate, CIOs must break through the tactical mindset and focus that consumes most hours of their day. Oftentimes, bank leadership has issues setting priorities, and the CIO ends up stuck between politically powerful executives competing for resources. 2: Talent Shortage. Innovation Leader.

Resources 139

Resources Leadership Technology Management 139

PYMNTS

MAY 22, 2018

Adobe is the only company with leadership in content creation, marketing, advertising, analytics and now commerce — enabling real-time experiences across the entire customer journey,” Brad Rencher, digital experience executive at Adobe, said in a statement to CNBC. Earlier this month it launched Fraud Protect by Shopify Payments.

Fraud 108

Fraud Leadership Software Analytics 108

Independent Banker

DECEMBER 31, 2022

The skills needed to succeed in the workplace are changing, with companies placing greater value on soft skills like communication and leadership. We’ve seen an amazing uptick in fraud,” she adds. “So, In response, community banks have an opportunity to revisit hiring policies and training programs. By Roshan McArthur.

Training 98

Training Community Bank Community Knowledge Base 98

PYMNTS

JULY 5, 2018

The retail chain did not detail the specific nature of how Parneros broke the rules but said that his firing “is not due to any disagreement with the company regarding its financial reporting, policies or practices or any potential fraud relating thereto,” according to a company filing on Thursday (July 5). “Mr.

Policies 109

Policies Leadership Retail Groups 109

PYMNTS

APRIL 22, 2019

Founded in 1998, ClickBank utilizes the world’s leading affiliate marketplace of digital and physical products to provide an eCommerce and mobile ecosystem — giving entrepreneurs an online marketplace where they can launch, scale and accelerate the sale of their own digital and physical products and services.

Strategy 124

Strategy Leadership Taxes America 124

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. Pixelon: Online video vaporware. And others disappear forever.

Fraud 78

Fraud Las Vegas Company Video 78

CFPB Monitor

MARCH 9, 2021

and its founder and former chief executive officer violated the Consumer Financial Protection Act and the Telemarketing Sales Rule by processing payments for companies engaged in internet-based technical-support fraud. The sales resulted from telephone calls initiated by consumers who viewed online advertising placed by Tech-Support Clients.

Payments 78

Payments Illinois Fraud Software 78

PYMNTS

APRIL 11, 2016

. “IdentityMind Global has a unique approach to bringing integrity back to digital marketplaces and the online lending environment through the use of trusted digital identities” Zander said in a company news release. IdentityMind Global president and CEO, Garrett Gafke remarked: “We are very pleased to welcome Ed to our advisory board.

Boston 100

Boston Leadership Software Online 100

PYMNTS

JULY 23, 2018

PayU , the online payment company owned by Naspers , announced Monday (July 23) the acquisition of payments technology platform ZOOZ. The platform will include fraud management and real-time reporting. PayU had already been partners with ZOOZ — that gave PayU merchants access to 2.3

Leadership 101

Leadership Customer Experience Analytics Payments 101

Independent Banker

AUGUST 25, 2016

You can feel the energy boost at Park Bank from its leadership development program. It really gives people a sense of ownership,” explains James Hegenbarth, the bank’s president and CEO of the employees who have participated in the leadership development program. “It Wisconsin bank uses LEAD FWD Summit as a development resource.

Conference 104

Conference Leadership Community Bank Community 104

PYMNTS

JUNE 5, 2017

The data could then be used to do lots of damage, including shopping online and making “clone” cards to use other places. Chipotle will be liable for any fraud that results. The malware that was the culprit lifted customer account numbers and internal verification codes from magnetic stripes on payment cards.

blockchain 109

blockchain Leadership System Cards 109

PYMNTS

JANUARY 2, 2019

a number of leading tech companies have become vocal in their support of a real-time payments (RTP) network, to be created under the leadership of the Federal Reserve and different from what has been previously proposed by the big banks. The concept is gaining traction and deployment across any number of avenues and several countries.

Payments 197

Payments Fraud System Cards 197

Independent Banker

OCTOBER 31, 2022

It has introduced a plethora of new retail banking initiatives in the past couple of years, including online account opening for anyone in the state of Wisconsin. The community bank offers a variety of deposit offerings through its online account platform, which can easily be accessed from its website. “We One such bank is $1.7

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

PYMNTS

MAY 22, 2017

Neo4j is used in financial services and retail, government, telecommunications and more for mission-critical applications as diverse as real-time pricing, online product and service recommendations, fraud detection, enterprise search and the Internet of Things (IoT).

Technology 101

Technology Data Retail Fraud 101

CFPB Monitor

SEPTEMBER 9, 2019

Like the December 2017 report which was issued under Acting Director Mulvaney’s leadership and unlike the two reports issued under Director Cordray’s leadership, the new report does not identify “areas of concern” or “areas of interest” that create risks for consumers and instead takes an objective approach. Fraud risk management.

Cards 60

Cards Report Marketing Leadership 60

NCR

NOVEMBER 8, 2016

Last month was National Cybersecurity Awareness Month, an initiative to provide consumers with the information they need to stay safe online, so in the wake of this, it is a good time for banks to consider whether all possible steps are being taken to protect their customers in our digitally connected world.

Cyber Security 63

Cyber Security Security Risk Management Training 63

PYMNTS

JULY 20, 2018

million units shipped in 2016,” with Apple moving past Fitbit and Xiaomi for overall leadership. The threat comes not only from professional criminals, but also from so-called “family fraud,” which generally refers to unauthorized purchases made by children via their parents’ payment channels. million units, up 10.3

Apple 114

Apple Houston Mobile Payments 114

PYMNTS

APRIL 25, 2016

Fraud is moving en masse online , though, as in-store methods are getting harder and crooks look to find the weakest link. According to the PYMNTS/Forter Global Fraud Attack Index , online fraud attacks have jumped by 11 percent since the shift in the U.S.

Lending 100

Lending Mobile Cards Fraud 100

Gonzobanker

APRIL 16, 2020

Leading contact centers are also equipping agents with training and access to support applicants who started the process online but require assistance. Whether the pandemic will be a turning point for adoption of technologies like biometrics, one-time passwords and fraud scoring remains to be seen. Rethink Authentication.

Policies 88

Policies Leadership Training Technology 88

PYMNTS

DECEMBER 3, 2016

I do not want any American to look back in 20 years and try to figure out how and why America’s banks lost the leadership position in financial services. It’s blurring the distinction between online and offline.”. — Have you fired any senior management, the people who actually oversaw this fraud? This is gutless leadership.”. —

Payments 100

Payments Los Angeles Lending Leadership 100

Gonzobanker

MAY 7, 2018

To reach the efficiency levels of a next generation bank, leadership needs to set more ambitious targets for employee and staff dollar productivity. Executives should drive overall self-service strategy scorecards in their organizations that highlight origination, servicing, fraud and back-office functions.

Leadership 84

Leadership Operations Lending Strategy 84

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. It’s traumatic for bank leadership. Illustration by Ahoy There.

Community 139

Community Community Bank social media Security 139

Fintech Labs Insights

APRIL 22, 2016

Fraud protection company Featurespace uses behavioral analytics to catch new fraud attacks as they happen to better protect financial services companies and their clients. Featurespace showed its ARIC fraud manager at FinovateEurope 2016 in London. This eliminates the need to export batch data to test updates.

Fraud 12

Fraud Analytics System Customer Experience 12

FICO

JANUARY 5, 2023

CFPB Director Rohit Chopra has further indicated that he would like to see consumer protections akin to those for credit cards, including improving disclosures and fraud and dispute resolution protections. 5 Ways Digital Payments Will Change FIs and Fraud in 2023. Several groups have also called for comprehensive industry regulation.

Policies 52

Policies Company Regulation Risk Management 52

Independent Banker

DECEMBER 31, 2021

Some of the lines that community banks plan to add include fraud and ID theft protection services, treasury management solutions, wealth management, property and casualty insurance, credit cards and specialized loan products. In fact, 16.5% of respondents say it will be their greatest opportunity. Badger Bank in Fort Atkinson, Wis.,

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

SEPTEMBER 28, 2016

RB: In today’s payment landscape, merchant fraud is something that keeps everybody up at night. The market is moving fast, merchants have more and more demands, fraud is advancing at a very fast pace, too, and the payment offering is widely changing. PYMNTS: What keeps you up at night?

Innovation 100

Innovation Payments Industry Customer Experience 100

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. Paul Murphy, founder of Murphy & Co.

Fintech 194

Fintech Community Regional Technology 194

PopularBank

FEBRUARY 25, 2020

Trainees receive close mentorship from managers and advisors, participate in leadership and community activities and initiate specific projects and solutions for different business areas of the organization. I think the individual and group leadership was very approachable and knowledgeable of their respective areas within the bank. [The

Puerto Rico 52

Puerto Rico Austin Study Meeting 52

Independent Banker

DECEMBER 13, 2015

Those categories are technology and connection types; delivery channels; online/mobile products and technology services; organizational characteristics; and external threats. Regardless, Williquette appreciates the tool’s utility: “It’s an excellent dashboard for senior leadership and the board. Risk levels have a five-point range.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Those categories are technology and connection types; delivery channels; online/mobile products and technology services; organizational characteristics; and external threats. Regardless, Williquette appreciates the tool’s utility: “It’s an excellent dashboard for senior leadership and the board. Risk levels have a five-point range.

Tools 70

Tools Community Community Bank Security 70