FICO

JULY 14, 2016

About 200 million of the 220 million reports collected since 2001 are required filings when customers make cash transactions exceeding $10,000. As the worlds of financial crime and fraud continue to blur, we see obvious synergies in applying behavioral analytics to help stem the tide of rising operational costs.

Analytics 40

Analytics Meeting Compliance Fraud 40

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. Mozido’s fintech fraud fiasco. And others disappear forever.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

MAY 22, 2017

The ransomware attack affected a range of players, including delivery services like FedEx, automakers including Renault and Nissan, transportation operations such as Germany’s Deutsche Bahn and even medical systems such as the U.K.’s 11, 2001, terrorist attacks. s National Health Service.

Regulation 116

Regulation National Online System 116

PYMNTS

JUNE 29, 2020

As things now stand, Wirecard is shaping up to be one of the biggest financial frauds in years, drawing at least some comparisons to Enron from decades past. Might we form a couplet from Enron to mark the beginning of the millennium and Wirecard to mark the end of the 2010s? ” Then the swift downturn — and insolvency.

New York 178

New York Comparison Fraud Cards 178

PYMNTS

OCTOBER 13, 2017

Amid all this embrace of mobile commerce, half of all chargebacks come from the online channel, and the cost for online retailers tied to fraud is 8.6 Recognizing the device and patterns of usage, he said, turns out to be useful tools and effective predictors of potential fraud in an eCommerce environment. There will be 2.9

Security 108

Security CA Payments Analytics 108

Bankelele

NOVEMBER 30, 2015

How could they allow a bank to operate that even took in their money the day before it closed? It briefly reopened after depositors converted their funds into shares at the bank, then again shut down, this time permanently, in 2001 after finding it hard to win new business. Imperial Bank was an award-winning Kenyan bank.

Regional 28

Regional Fraud National Regulation 28

CB Insights

OCTOBER 29, 2018

Date: September 3, 2001. Back in the mid-1990s, Deutsche Bank was looking to compete with Wall Street banks like Goldman Sachs and JP Morgan by acquiring institutions like Bankers Trust, a troubled Wall Street firm that had just suffered a corporate accounting fraud scandal. HP and Compaq. Price: $25B.

Google 76

Google Software Innovation Company 76

PYMNTS

JANUARY 1, 2021

You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” said CarrieAnne Cormier , senior vice president of Retail Operations and Strategy at Avidia. The past year has been one of the most trying in recent memory for lenders as well as consumers. Preventing Financial Crimes.

Trends 259

Trends Video Retail Payments 259

PYMNTS

SEPTEMBER 18, 2017

As a consequence, we have three credit reporting agencies operating today, who are largely free to do whatever they want with the data they have — consumer complaint database be damned. FICO scores are based on a credit scoring model using data from one of The Big Three agencies — Equifax , TransUnion and Experian.

Report 202

Report Regulation Data Retail 202

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. A most-wanted founder. via Light Reading. Company: Guvera. via Fortune.

Capital 78

Capital Company San Francisco Operations 78