PYMNTS

SEPTEMBER 14, 2016

ACI Worldwide advises that, as the world moves toward immediate payment ecosystems, a holistic view of the transaction, with layered controls from origination to the application of real-time rules, is the only way to push the pedal to the metal on faster payments and put the brakes on fraud. million in 2007 to £52.5

Fraud 100

Fraud Payments Customer Experience Exercises 100

PYMNTS

FEBRUARY 24, 2016

But the reality is that the greatest security threat facing retail companies, according to a number of recent surveys, often comes from within. That kind of disconnect is reflected in another survey that the NRF story shares — the U.S. State of Cybercrime survey , conducted by PricewaterhouseCoopers.

Retail 100

Retail Fraud Survey Branding 100

ABA Community Banking

FEBRUARY 11, 2019

37% said the ability to adapt to processing faster electronic payments is an obstacle Human Resources Feature Technology Risk Management Security Operational Risk Cyberfraud/ID Theft Feature3 Survival Strategies Blockchain Business of Blockchains.

Training 53

Training Survey Risk Management blockchain 53

PYMNTS

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S. Opus said that in the U.S., Opus said that in the U.S.,

Data 195

Data Risk Management Resources Survey 195

PYMNTS

MARCH 12, 2018

Fraud experts warn it could be a business-shuttering mistake to assume an SMB is less susceptible to fraud than large enterprises. This week’s B2B Data Digest examines the data released in PwC’s latest report, “ Pulling fraud out of the shadows.”. Worse, according to PwC’s Marino, this figure may be misleading.

Fraud 135

Fraud Resources Survey Data 135

PYMNTS

JULY 4, 2018

The news comes almost two years after ThetaRay released predictions for banking security in 2017. Those included the proliferation of fraud rings, regulatory pressures increasing on banks and the need for banks to address the issue of de-risking under anti-money laundering regulations.

Survey 101

Survey Risk Management Compliance Security 101

PYMNTS

APRIL 7, 2016

TSYS will bring its risk management solutions that enable cardholders to monitor their accounts and prevent fraudulent activity with real-time access to communication options, including push notifications, SMS text messaging, voice messages and email. TSYS clients in Europe now have access to real-time, on-demand cardholder alerts.

Risk Management 100

Risk Management Study Fraud Survey 100

PYMNTS

JANUARY 24, 2019

With third-party due diligence and supply chain security as increasingly critical components of organizations’ procurement operations, compliance executives are finding important positions in their firms’ purchasing processes. Automated risk management solutions can be helpful in theory.

Compliance 191

Compliance Risk Management Training Analysis 191

FICO

JUNE 15, 2023

Now, I can practically send, transfer, or pay by accident by simply looking at my smartphone, which can make fraud prevention a real challenge. Our report opened my eyes because 77% of consumers worldwide say they want their banks to implement better fraud detection in general. Is Sending Money Too Simple?

Fraud 52

Fraud South Carolina Survey Management 52

PYMNTS

AUGUST 16, 2018

Risk looms large with rampant growth in fraud, however, and financial institutions (FIs) must stay guarded to prevent cybercrime. Reducing Risk By Fighting Fraud. One of the largest, still-growing risks that banks face is increased cybercriminal attention and attacks. The financial services industry is booming.

Digital Banking 101

Digital Banking Fraud Data Tools 101

PYMNTS

JANUARY 5, 2017

Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks. Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS.

Payments 100

Payments Survey Fraud Software 100

PYMNTS

JUNE 15, 2018

He added that Simudyne is working with Barclays’ Center of Excellence to explore additional functionalities of the risk management technology. Earlier this year a report from Barclays and YouGov pegged the cost of fraud among small businesses at $55.7 Simudyne participated in Barclays’ Accelerator program in London last year.

Analysis 100

Analysis Fraud Risk Management Training 100

PYMNTS

JUNE 24, 2016

In a similar fashion, SecurityScorecard continuously surveys, analyzes and indexes vulnerabilities across the entire internet to determine the security posture for every organization worldwide,” Dr. Aleksandr Yampolskiy, CEO of SecurityScorecard, explained. Search engines crawl and index webpages across the internet.

Google 101

Google Risk Management Survey Capital 101

PYMNTS

SEPTEMBER 23, 2016

Securing IT infrastructure has reached a critical tipping point. According to new research, despite the fact that cybersecurity has captured the attention of the C-suite, many IT professionals still rate their companies very low when it comes to security practices and procedures. A survey of 287 U.S. A survey of 287 U.S.

Security 100

Security Survey Risk Management Management 100

PYMNTS

AUGUST 3, 2018

The news comes a few months after a survey showed that cybersecurity is the biggest worry for companies, especially since few of them feel prepared to handle an attack.

Survey 100

Survey Risk Management Capital Company 100

PYMNTS

MAY 2, 2016

For instance, there’s the risk of a cyberattack. New data uncovers just how much money is lost due to these attacks, as well as how much money corporations plan to spend both on cloud security and Internet of Things security as the threat of cyberattacks continues to rise. Then, there is the risk of corporate lending.

Lending 100

Lending Security Fraud Regional 100

FICO

DECEMBER 10, 2020

This is despite one-half of survey respondents reporting having strong model governance and management rules in place to support ethical AI usage. Prediction #4: “Security by Design” Will Help Fend Off AI Attacks. For example, fraudsters know that credit card fraud models are very effective at detecting high-dollar fraud.

Analytics 98

Analytics Fraud Data Software 98

PYMNTS

SEPTEMBER 26, 2016

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets. The mini-bonds are for private company shares.

Report 100

Report Payments blockchain Security 100

Abrigo

FEBRUARY 25, 2022

Whistleblowers may be aware of fraud within an institution, corruption, systemic program deficiencies, or even a lack of strengthening programs as expected by regulators. House of Representatives advanced the Secure and Fair Enforcement (SAFE) Banking Act to the Senate for the sixth time. This month, the U.S. keep me informed.

Regulation 195

Regulation Policies Compliance Washington 195

Gonzobanker

JULY 8, 2022

Many organizations lack the talent necessary to deploy, manage, and maintain the aforementioned technologies. In Cornerstone’s What’s Going On In Banking report , 67% of surveyed bank executives listed the ability to attract qualified talent as their top concern in 2022—up from just 19% last year. 2: Talent Shortage. and a shocking 1.3%

Resources 146

Resources Leadership Technology Management 146

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Often, a downward shift in the odds-to-score relationship leads to tightening of underwriting, as lenders seek to ensure that new bookings are appropriately aligned with their risk tolerance. has experienced.

Trends 63

Trends Fraud Data National 63

FICO

NOVEMBER 1, 2022

Application Fraud – Does Canada Need a New Approach? FICO’s Fraud, Identity and Digital Banking Survey 2022 shows that customers in Canada want slick onboarding processes, where fraud controls work but don’t delay account opening. And what does that mean for the future of your fraud management solutions?

Fraud 52

Fraud Survey Customer Experience Data 52

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Introduce key takeaway below. This short be 2 lines max.

Examples 221

Examples Fraud Resources Risk Management 221

NCR

AUGUST 10, 2017

When it comes to making payments via IoT devices, Jörn Leogrande, executive vice president of mobile services at payment processing firm Wirecard, noted in the latest volume of NFC World’s What’s New in Payments report that some of the biggest concerns are linked to security and consumer trust.

Industry 75

Industry Retail Innovation Payments 75

PYMNTS

JULY 5, 2017

Fraud is like gluten. Most organizations have resigned themselves to the fact that, despite their defenses, fraud is just a part of doing business. But fraud costs an average of 7.5 But alongside all of that opportunity comes risk of fraud.”. That’s why Vesta went straight to the top when conducting the survey.

Fraud 161

Fraud Survey Retail Resources 161

PYMNTS

MARCH 19, 2018

These tactics cast a wide net of fraud over the fleet card industry – from issuers and acquirers to fleet managers, employers and employees themselves. Goldspink recently told PYMNTS that fleet card-related fraud goes far beyond skimmers at the POS. My background is in the oil industry,” he said. “I

Fraud 153

Fraud Cards eBook Data 153

NCR

DECEMBER 7, 2016

A survey by Pelican, a financial services solutions provider, found that nearly three-quarters (72 per cent) of payments professionals across 32 countries thought AI had strong potential to address some of the inefficiencies in their payment processing activities. ” Fighting fraud with machine learning.

Innovation 40

Innovation Cyber Security Fraud Industry 40

FICO

OCTOBER 7, 2022

Buy Now, Pay Later: BNPL Fraud and Regulatory Update. Buy now, pay later or BNPL financing is experiencing tremendous growth, but that growth can bring potential growing pains like fraud and regulatory scrutiny. As payments professionals well know, change creates opportunities for fraud. Meanwhile … BNPL Fraud Is on the Rise.

Fraud 52

Fraud South Carolina San Francisco Regulation 52

FICO

FEBRUARY 2, 2022

Branches continue to provide security and comfort, and they’re a way for banks to build trust. Ensure that your fraud and risk management processes aren’t forcing them to visit. You don’t want to get rid of all your branches, especially now with COVID-19 vaccines becoming increasingly available. Leverage technology (e.g.,

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

FICO

JANUARY 11, 2021

Identity-based fraud takes many forms: application fraud , bust-out fraud , account takeover , synthetic identities and identity theft. In response, many institutions have deployed layered controls to ensure they are interacting with genuine customers and help stop identity fraud. This arrangement is far from optimal.

Fraud 52

Fraud Customer Experience Survey Mobile 52

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Each type of financial crime has a specific profile.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

MARCH 5, 2018

Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis. Amid the risk mitigation challenges faced by internationally trading businesses, B2B payments are accelerating, which has also shifted risk exposures. Payment Shifts. In the U.S.,

Payments 105

Payments Strategy Fraud Survey 105

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. Fraud and money-laundering are closely connected. Can you elaborate on that?

Compliance 81

Compliance Technology Fraud Analytics 81

FICO

JULY 28, 2020

A 2019 Allianz survey of risk management experts across 86 countries ranked cyber incidents as the biggest single point of risk for an organization, thus highlighting the need for an effective insurance policy to transfer risk from potentially damaging effects of a cyber-attack. by Doug Clare.

Marketing 69

Marketing Cyber Security Policies Comparison 69

Gonzobanker

DECEMBER 22, 2015

One internal memo acknowledges the weaknesses in the bureau’s methodology and admits to the litigation risks in its case against Ally. FFIEC’s Cyber Security Self-Assessment Tool. “We teach you to make sure you use our system in a manner that doesn’t open any security loopholes.” Demo Quote. Showing up drunk.

Community Bank 60

Community Bank Apple Community Technology 60