PYMNTS

SEPTEMBER 17, 2018

Mobile means one can do just about anything by using their device: order food, bank online, read the news … even commit payments fraud, sometimes from the unlikeliest of places. In Australia, news came that police have charged a quartet of alleged fraudsters with running a business email compromise (BEC) scam.

Idaho 153

Idaho Missouri Cyber Security Fraud 153

PYMNTS

AUGUST 6, 2018

Wells Fargo , the embattled national bank, disclosed in a Securities and Exchange Commission filing that hundreds of individuals saw their homes in foreclosure because of a glitch in software the company used. The United States alleged that, in 2005, Wells Fargo began an initiative to double its production of subprime and Alt-A loans.

United States 120

United States Software Taxes National 120

PYMNTS

AUGUST 1, 2019

Names, addresses, email addresses, dates of birth and phone numbers were all exposed, including the Social Security Numbers of 140,000 U.S. While customers of Capital One’s commercial banking division were not affected, reports noted that small business customers were affected by the breach.

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Capital Data Cards Seattle 122

PYMNTS

MARCH 6, 2019

.” Accounting strategies can not only boost transparency for regulators and visibility for a firm’s own leadership, but regulators say they can also promote security. Last October, the U.S. In the U.K., In the U.S.,

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Report Leadership Regulation California 139

PYMNTS

DECEMBER 31, 2019

In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 Data compromised included email addresses, Social Security numbers and bank information. Hackers took data spanning bank accounts, Social Security numbers, credit cards and personal information. Millions of accounts hacked.

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Data social media Security Report 145

PYMNTS

MAY 19, 2016

The state is one of 27 that currently sits in non-compliance with the federal government’s Real ID regulations passed in 2005, which requires individual states to improve the security of IDs issued within their borders by the newly delayed deadline of 2018. ”

Illinois 108

Illinois Chicago System Security 108

Banking 2020

NOVEMBER 25, 2015

This has posed problems, not least the fact it’s the only country in the world where counterfeit card fraud losses are rising. Counterfeit card fraud to drop. In the UK, losses from domestic counterfeit card fraud fell straight away. Counterfeit fraud was cut by two-thirds in the years immediately after EMV rollout.

US 40

US Marketing Fraud Cards 40

PYMNTS

APRIL 25, 2017

The key is listening — our platform has to be able to adapt quickly to changes in fraud and market conditions our customers face. JD: For me, it was taking IDology from a very small age verification company in 2005 to what we are today. But the industry is getting better at collaborating and sharing fraud information.

Fraud 104

Fraud Innovation Mobile Industry 104

NCR

DECEMBER 8, 2016

Perhaps the biggest shift has been in the fraud space. Mr Koch said: “Chip and PIN was introduced a decade ago to combat the rising levels of counterfeit and stolen card fraud in the UK. Counterfeit card fraud losses duly tumbled, down £81.9 million a year between 2004 and 2014.

Fraud 40

Fraud Cards Payments Industry 40

NCR

APRIL 12, 2016

Perhaps the biggest shift has been in the fraud space. Mr Koch said: “Chip and PIN was introduced a decade ago to combat the rising levels of counterfeit and stolen card fraud in the UK. Counterfeit card fraud losses duly tumbled, down £81.9 million a year between 2004 and 2014.

Fraud 40

Fraud Cards Payments Industry 40

PYMNTS

MARCH 4, 2019

The bank reportedly handled 700 million euros or $790 million in transactions that were questionable from 2005 to 2017. Yle is part of a group of media companies that joined forces to look into money laundering in the Baltics tied to Russia.

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Virgin Islands Taxes Regulation Regional 116

PYMNTS

JUNE 17, 2019

The bank reportedly handled 700 million euros or $790 million in transactions that were questionable from 2005 to 2017. Yle is part of a group of media companies that joined forces to look into money laundering in the Baltics tied to Russia.

Virgin Islands 103

Virgin Islands Taxes Groups Report 103

Abrigo

APRIL 26, 2022

The Financial Crimes Enforcement Network ( FinCEN ) has profiled this global issue by naming corruption one of the eight national security priorities. Securities and Exchange Commission launched investigations into political corruption and started legislative efforts to thwart such acts. financial system. In the 1970s, the U.S.

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Training Regulation System National 195

PYMNTS

MARCH 28, 2017

The merchants has argued in a case that started in 2005 that Visa and Mastercard collude to fix fees they charge stores for accepting credit card payments and claimed that the card networks barred them from enabling customers to use a cheaper payment form at checkout.

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Cards New York Groups Retail 100

FICO

MARCH 15, 2021

Those devices will capture biometric data, which will be shared between devices and with the cloud, enabling additional security features by offering multi-layered authentication for the owner. As a result, there will be 40 zettabytes of data created by 2020 – an increase of 300 times on 2005. Because Big Data is all about volume.

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Data Big Data Analytics US 52

PYMNTS

SEPTEMBER 27, 2017

Justin Lavelle, communications director of BeenVerified.com and a frequent writer on how to avoid scams, noted that even back in 2005 (practically the dark ages when it comes to the internet), while the U.S. Despite the misleading “secure” designator “https,” Darrin Edelman, Token of Trust CEO, says this is a fake.

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social media Security Taxes Operations 130

Javelin Strategy & Research

MARCH 27, 2015

A colleague of mine forwarded me an inbound email for an upcoming conference the other day titled “Chip Cards to Result in Massive Online Fraud”, asking where I stand on this, as if he didn’t know that this was effectively lighting the blue touch paper on a Roman Candle and running for cover. Fraudsters are not unitaskers.

Fraud 40

Fraud Cards US Online 40

PYMNTS

AUGUST 13, 2018

Last October, in partnership with Ondot Systems , the bank rolled out the enhanced My Mobile Money app so that it now offers two-way fraud alerts for Elan-processed debit cards. Wells Fargo went on to sell at least 73,539 stated income loans between 2005 to 2007. And they almost never go home. So, what did we learn this week?

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Data ATM Cards Fraud 100

PYMNTS

DECEMBER 13, 2018

In a way, the world has entered a new era of fraud (and fraud prevention). He described the current era as “Fraud 3.0.”. basically ran from the birth of Amazon to perhaps 2005 or so, when the verification of online shoppers’ physical addresses was a main feature of digital fraud prevention.

Fraud 160

Fraud Innovation Cards Payments 160

Fintech Labs Insights

APRIL 12, 2024

I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

Banking 2020

JANUARY 25, 2016

One of the chief advantages of biometrics is security – passwords and PINs can be compromised, allowing criminals easy access to accounts and cash. Back in 2005, a Malaysian man had his finger cut off by thieves who wanted to get round the fingerprint security system protecting his Mercedes. Mind over matter.

Security 40

Security System Technology New York 40

FICO

JUNE 22, 2017

Walking into Bernie Madoff’s home in 2005, you would not have found piles of money under a mattress, behind a sofa or in his garage. JP Morgan’s fine highlights the broader problem that many global banks had been facing, which was ignoring the warning signings of fraud and money laundering. billion in 2014.

Tools 55

Tools Compliance Innovation social media 55

PYMNTS

APRIL 29, 2019

PayPal created certainty by getting sellers paid while making sure buyers got their stuff, while keeping buyers’ bank accounts and payment credentials secure and private. Amazon introduced Prime and free two-day shipping in 2005, when buying online was still a fraction of a fraction of a fraction of all retail sales.

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Online Retail Study Cards 162

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. Some companies just push their luck a little too far. Total Funding: $1.1B.

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Fraud Las Vegas Company Video 78

Fintech Labs Insights

JANUARY 12, 2016

Card-not-present (CNP) fraud and chargebacks cost retailers and issuing banks billions of dollars and lost time. To mitigate these losses, Ethoca created a network to help both parties reduce fraud and customer dispute losses. Founded: 2005. Send files via Secure File Transfer Protocol (SFTP). 500+ credit unions.

Fraud 12

Fraud America Cards Retail 12

Fintech Labs Insights

OCTOBER 8, 2015

Internet Biometric Security Systems (IBSS) , is offering a 30-day free trial of its biometric e-mail communication technology, IBSSMail. Email accounts can be set up and secured within minutes, and the service is easy to use.

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San Diego San Francisco System Security 12

PYMNTS

MAY 1, 2018

Thirty-three years ago, Tom Thimot, the newly appointed CEO of Socure , collaborated with founder Sunil Madhu on a business specializing in physical identity verification and access solutions: Netegrity, which was ultimately sold in 2005 to CA Technologies for $430 million. However, the need for a secure digital identity is much, much larger.

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Big Data CA Training Data 181

PYMNTS

DECEMBER 30, 2016

According to the PYMNTS Gig Economy Index , the number of Americans working gig jobs and short-term, ad hoc positions grew at a rate of 50 percent from 2005 to 2015. As gig work peaks during the holiday season, so, too, does the need for streamlined payments solutions and security, Ting told Webster. economy as a whole.

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Retail Fraud US Security 100

PYMNTS

SEPTEMBER 30, 2016

Rather, as Verifone CEO Paul Galant told Karen Webster in a recent interview , at that moment, industry, legislative and consumer attention all converged into a perfect storm that made EMV bigger than the card counterfeit fraud it was created to fight. Chief Technology Officer and Chief Security Officer, Creditcall. Jeremy Gumbley.

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Fraud Cards United States Payments 100

Fintech Labs Insights

OCTOBER 16, 2016

Jack Henry began offering P2P payment capability in 2005 and expects the new method to boost usage. Though usage remains low, Mastercard reported this week that it has seen an overall decrease in fraud since the EMV change. And the event’s startup “Industry challenge” was all about how to use the blockchain in the securities industry.

Trends 12

Trends Fintech blockchain America 12

CB Insights

JUNE 6, 2019

Founded: 2005. Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business. Dart Music.

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Apple Branding Google Company 78

FICO

APRIL 17, 2021

In the film, volatility levels in mortgage-backed securities are exceeding historical levels. The story begins in 2005, when a contrarian hedge fund manager theorizes that – because of the widespread popularity of high-risk subprime loans – the United States’ housing market has become extremely unstable, teetering on near-collapse.

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Data Analytics Management Meeting 139

Fintech Labs Insights

MAY 3, 2021

US-based payments security provider. US-based fraud specialist. . #126 Signifyd $1.3B 128 Deel : $1.25B US-based payroll processor. 142 (tie) Groww : $1.0B India-based investing startup. 142 (tie) The Zebra : $1.0B US-based insurance lead gen company. 142 (tie) Clearcover : $1.0B US-based auto insurance provider. United States.

United States 15

United States Fintech US Company 15

PYMNTS

AUGUST 28, 2017

Through the course of a supervisory review, the CFPB said it concluded that, from at least 2005 to 2015, American Express’ Puerto Rico cards had different — and often worse — pricing, rebates and promotional offers, underwriting, customer and account management services and collections practices than its U.S.

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Puerto Rico Virgin Islands cryptocurrency Arizona 116

CB Insights

JANUARY 9, 2018

Distil’s product includes a technology platform for detecting automated threats, as well as dedicated security expertise, analysis, and customer support. ” Distil also protects against cyberthreats of web scraping, competitive data mining, online fraud, account hijacking, and digital ad fraud. DIGITAL SHADOWS.

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social media Trends Branding Online 61

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. A most-wanted founder. via Business Insider.

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Capital Company San Francisco Operations 78

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Founded: 1999 and 2005. Financial institutions using it can decrease errors, fraud, and processing times while improving workflows. Founded: 2014.

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Innovation blockchain Technology Groups 78