Remove 2010 Remove Fraud Remove Management Remove Technology
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GEOBRIDGE: Unlocking The Key To Cryptographic Key Management

PYMNTS

Data needs management, and protecting that data requires vigilance. And yet, many firms do not have the staff in place to manage cryptographic keys. Under the terms of those mandates, effective this year, encrypted keys must be managed in “bundled” blocks. There’s a personal element to the technical wizardry, though.

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Cognitive Technology: A shelter in the storm of regulatory change

Insights on Business

It is also an opportunity to implement technology that can facilitate change. However, traditional technology is not the answer. More effective use of technology is key to better adapt to regulatory changes, cut costs and free up much of that locked-up capital. It can detect and halt fraud in milliseconds.

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Inside Kount’s Fraud-Fighting Machine

PYMNTS

Regardless of the company, its industry, its customers or location, online fraud remains top of mind. The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year.

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How Smaller Financial Institutions Can Make the New Fed Debit Card Reg a Win for Customers

Gonzobanker

The Fed’s rationale is that technology has advanced to properly support CNP with multiple networks. While there is no modification to requirements related to interchange fees, this change will negatively impact banks’ and credit unions’ payments revenue and, likely, increase their fraud-related costs. Why change the regulation?

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Will Same Day ACH Rollout Spark A Fraud Spike?

PYMNTS

PYMNTS recently spoke with Luis Rojas, vice president of product management for Guardian Analytics , an online banking security firm, about the effect of a faster processing environment, the potential for increased fraud and how to mitigate that risk. The Mountain View, Calif.-based Risky Business.

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Could September 23 Be A Hacker Holiday?

PYMNTS

rolled out Faster Payments a few years ago, fraud spiked, as fraudsters acted quickly to take advantage of the reduced timeframe. To prepare for a potential increase in cyberattacks, industry players are looking to protect data using behavioral analytics and other fraud prevention techniques. When the U.K.

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Norway Watchdog Says Bank Overcharged Customers $83M

PYMNTS

The Norwegian Consumer Council has accused big bank DNB of overcharging customers 690 million kroner (approximately $83 million) for management fees related to “falsely active funds,” The New York Times reported on Tuesday (June 21). Big payments players are facing lawsuits around the globe in recent news. Even with chips, U.S.

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