PYMNTS

MARCH 26, 2019

The United States Supreme Court has rejected an appeal by online shoe company Zappos over a data breach in 2012 that compromised the information of 24 million customers, according to a report from Reuters. Originally, a Nevada judge claimed only people who had suffered financial loss were eligible for damages. The 9th U.S.

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PYMNTS

SEPTEMBER 13, 2017

Arizona-based startup Emailage — the identity verification company delivering risk scores to financial institutions (FIs) and online merchants based on customers’ email addresses — announced news that it’s going on tour. Founded in 2012, Emailage it is now hitting its major growth area and has entered expansion mode. First, on Oct.

Las Vegas 118

Las Vegas Fintech San Francisco Arizona 118

PYMNTS

FEBRUARY 16, 2018

The two were part of a larger group that stole online credentials, personal information and credit and debit card numbers between 2005 and 2012. Smilianets sold that information online; he reportedly charged $10 for American credit card numbers, $15 for Canadian ones and $50 for European ones. While the U.S.

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New Jersey Fraud Survey Cards 101

PYMNTS

FEBRUARY 20, 2017

prosecutors sentenced a Ukrainian man who was charged with running two hacking forums online to 41 months in prison. District Judge Esther Salas in New Jersey sentenced Vovnenko after he pleaded guilty last year to aggravated identity theft and conspiracy to commit wire fraud, reported Reuters. Vovnenko was extradited to the U.S.

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PYMNTS

OCTOBER 26, 2018

Cyber frauds are a pervasive, significant and growing threat to all companies, including our public companies,” said SEC Chairman Jay Clayton at the time the report debuted. The South China Morning Post reports that the SFC has set up a form online through a page titled “Reporting corporate fraud and market misconduct.”

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Washington Fraud Security Report 122

PYMNTS

JUNE 27, 2016

filed criminal charges against a man accused of hacking into the bank and credit card accounts of celebrities from February 2012 to January 2015. Locsin faces charges of conspiracy to commit bank fraud and aggravated identity theft, with the conspiracy count alone carrying a maximum sentence of 30 years in prison. 2012 and Sept.

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Data Payments Google California 101

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JANUARY 2, 2019

The road has been long and winding for Australia’s march toward real-time payments, tracing its genesis back to 2012. Alignment is also necessary in collaborative efforts by governments and financial services firms to work with effective fraud, AML and sanctions screens, where efforts can be fragmented. Key Drivers in Place.

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Payments Fraud System Cards 197

Accenture

SEPTEMBER 22, 2019

Neo-challenger banks have several advantages over their traditional counterparts—including having lower operational costs, because their tech stacks are cheaper to run, and offering a tailored online experience that appeals to Millennials. Trust is central to any bank’s relationship with its customers. What the future holds.

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Innovation Metro Apple Marketing 150

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. Lost and stolen fraud will fall. CNP fraud will rise.

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US Marketing Fraud Cards 40

PYMNTS

JUNE 3, 2016

These days, retail merchants must reach customers, both in-store and online, securely and conveniently. Now that merchants are more responsible for fraud that happens in their stores, he said, “it’s our responsibility to teach them about these tools, like EMV, that can secure them and secure their businesses.

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Retail Apple Fraud Online 100

PYMNTS

OCTOBER 7, 2019

Nav was founded in 2012 as Creditera, an online credit-monitoring service that helped small business owners track their personal and business credit information on one platform. The system has never fallen victim to fraud, despite several attempts by bad actors, according to Hanson. How Nav Works.

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Tools Data Security Fraud 101

PYMNTS

JUNE 12, 2017

When 90 percent of Chinese customers are abandoning online purchases at the payment phase, that should tell merchants something. First, it can help detect and avert fraud by making trends easier to spot. It helps optimize transaction acceptance rates by showing which card types or currencies are most likely to be declined.

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Data Retail Software System 136

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.

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Lending Mobile Cards Fraud 100

Tomorrow's Transactions

JUNE 3, 2016

I’m in Frankfurt for the annual PayComm MEETS Europe, my chance to catch up with practitioners from the continental card markets. From e-Commerce – Digital Agenda Assembly 2012 ]. It’s really hard to keep up with all of the change in the market, driven primarily because of the regulation rather than new technology.

Cards 30

Cards Marketing Regulation Course 30

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. By 2012, LendingClub announced it had underwritten $1 billion in loans on its platform and was cash flow positive. The SEC Finding.

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Lending Fraud Management San Francisco 135

Jeff For Banks

DECEMBER 12, 2015

It helped users save money across verticals including cell phones, credit cards, cable bills, and savings accounts. Two years after being lauded as Finovate's best of show, it sold itself to MasterCard in 2012. We were excited in late 2012 to join Capital One, a company with a shared passion for changing the world through data.

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Fintech Capital Cards Bitcoin 60

Tomorrow's Transactions

MARCH 16, 2016

American retailers have been lobbying the great and good to implement PIN for card transactions. When it comes to chip and PIN, they are not that bothered about chip (after all, all transactions are online). From Convenience Retail Industry’s Message to Capitol Hill | NACS Online – Media – News Archive. Well… not quite.

Retail 30

Retail Cards Fraud US 30

Gonzobanker

NOVEMBER 17, 2016

The event’s level of growth and sophistication since its inaugural event in 2012 is truly impressive. While consumers and payment providers may hope for frictionless payments, the execution path will require new capabilities and deployments in fraud mitigation, cyber security, open APIs, and enhanced interoperability.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

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. WrkRiot’s short-lived house of cards falls down.

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Fraud Las Vegas Company Video 78

CB Insights

AUGUST 23, 2018

JPM boasts an industry leading credit card network. With an elite rewards network, JPM is able to use its credit cards as a lever to attract and retain valuable clients. Credit cards as a lever to attract affluent clients. Branded cards. JPM began betting on payments a decade ago — and it hasn’t slowed down since.

Cards 76

Cards Mobile Strategy Branding 76

Fintech Labs Insights

JULY 12, 2016

The first card-linked offers company, Cardlytics, launched in 2008. The fintech community started paying attention to the trend around 2012. Companies use the database to search offers and offer requests; card-linked technology providers list offers and banks & digital publishers request offers. Founded in 2013.

Cards 12

Cards San Jose Industry CA 12

Fintech Labs Insights

AUGUST 12, 2014

Table: YC Fintech Companies by Year Class Total Companies # Fintech Companies % Fintech 2014 (half year) 56 5 9% 2013 83 9 9% 2012 117 8 7% 2011 89 7 8% 2010 61 6 10% 2009 39 1 3% 2008 43 1 2% 2007 32 2 6% 2006 17 0 0% 2005 8 1 13% Total 545 40 7.4% PayTango [link] PayTango links the cards in your wallet to your fingerprints.

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Fintech Bitcoin Cards Online 26

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. They are introducing CrossCore – First smart plug in play fraud and identity platform. 20% of customer interactions are assisted.

Mobile 40

Mobile Cards Fraud Data 40

PYMNTS

JULY 5, 2018

Small firms, big fraud. Separately, and in a case involving payment card fraud, Navajo Times reported that Director Jesse Delmar of the Division of Public Safety is “on his way to being sanctioned with 20 percent of his salary” in the wake of a June order from a committee. In some cases, she sold those goods online.

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Payments Fraud Connecticut Cards 104

Fintech Labs Insights

APRIL 14, 2016

Founded: 2012. May 2015 demo: Avoka showed Transact for Financial Services , which combines social, cloud services, and crowdsourcing into the world’s fastest credit card application. Founded: 2012. What they’ve been up to: December 2015: Ciright One purchased Stratos Card. April 2015: Stratos Card began shipping.

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Las Vegas San Jose Video New York 12

PYMNTS

JUNE 25, 2018

Victims paid an average of $290 out of pocket in 2017, and spent approximately 15 hours resolving takeover-related fraud. There’s good reason why cybercriminals are turning to the technique, according to Dave Endler, co-founder and president of security and fraud prevention solutions provider SpyCloud. The LinkedIn breach form 2012?

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Payments Security Fraud Online 116

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. To Facebook’s Jerry Canning , a solid digital panelist at the ABA conference who pointed to the need to engage in conversations online with the customer, “the new CMO.” Online Relationship Builder (ORB) from Alkami.

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Community Bank Apple Community Technology 60

CB Insights

JUNE 6, 2019

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.

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Apple Branding Google Company 78

CB Insights

MARCH 6, 2019

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. With lower costs and a bigger market to sell to, a new crop of online pet supplies retailers eventually emerged. Table of Contents.

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Fintech Labs Insights

JUNE 3, 2021

72 (t) Forter: $3B US ecommerce fraud specialist. #97 . #55 Kraken : $4+B US crypto exchange (valuation per Fortune, based on 2019 round, and likely MUCH higher now). #60 60 Paymentus : $3.8B US payments company that went public 25 May 2021. #61 61 Hypoport : $3.6B German lender that went public in 2007. #72 97 Acorns : $2.2B 3 June 2021.

United States 15

United States Fintech US Technology 15

PYMNTS

SEPTEMBER 11, 2017

The exhausted holiday shopper didn’t hate going to the mall because she had to swipe a card to buy stuff, and the line languisher didn’t get angry because they had to use a chip card to dip and pay. We are starting to see consumers demanding things like order ahead or buy online, pick up in-store,” Ready said. Ready said.

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How To Online Millennials Mobile 159

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: 2012. Financial institutions using it can decrease errors, fraud, and processing times while improving workflows. Capital One — Capital One Labs.

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Innovation blockchain Technology Groups 78

CB Insights

OCTOBER 31, 2017

Doorman says it will no longer accept incoming shipments after September 29th and that those who use their Doorman address for online shipments should update their information. “We Raptr, the online optimization platform founded by former pro gamer Dennis “Thresh” Fong a decade ago, is about to be shuttered. Product: Raptr.

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Company US San Francisco Capital 78