PYMNTS

OCTOBER 26, 2018

Amid reports this week that changes to accounting standards are coming over the next few weeks, the Securities and Exchange Commission (SEC) has said that financial professionals, including accountants, must be mindful of cybersecurity risks. The total spending came to as much as 12 million euros between 2003 and 2012.

Washington 122

Washington Fraud Security Report 122

PYMNTS

SEPTEMBER 30, 2016

You don’t have to look far to see security flaws leading to massive data breaches. Security experts believe that may be what happened to Yahoo — the tech giant confirmed that over 500 million user accounts were compromised by hackers, marking what is said to be the largest data breach in U.S.

Security 100

Security Data System New York 100

PYMNTS

JULY 19, 2020

The California-based financial services company, founded in 2012, works to build products to power digital finance and FinTech issues through its own data transfer network. The payments giant also participated in a funding round in 2018 that helped value Plaid at $2.6 billion, PYMNTS reported.

California 207

California Data Software Report 207

PYMNTS

MAY 25, 2018

After reports of money laundering caused lenders in Estonia and Latvia to close, police said on Friday (May 25) that more than $13 billion (or about €11 billion) was laundered through banks in Estonia between 2012 and 2016. In 2012, more than €7.3 billion in securities from Russia were processed through the Estonian financial system.

Leadership 121

Leadership Report Groups System 121

PYMNTS

NOVEMBER 1, 2018

Ng is also charged with conspiring to violate the FCPA by circumventing the internal accounting controls of a major New York-headquartered financial institution, which underwrote more than $6 billion in bonds issued by 1MDB in three separate bond offerings in 2012 and 2013, while Ng was employed at the financial institution as a managing director.

New York 139

New York New York City United States Management 139

Jack Henry

APRIL 30, 2014

In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. Everyone is well aware of the DDoS attacks that have been plaguing FIs since 2012.

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

OCTOBER 7, 2019

Identity security is key when it comes to protecting financial information, and it can be devastating if sensitive documents from credit checks fall into the wrong hands, making authentication critical. As part of the sign-up [process], the user provides us with [their] full name, address and Social Security number. How Nav Works.

Tools 101

Tools Data Security Fraud 101

NCR

MARCH 16, 2017

The growth of EMV technology around the world is perhaps one of the biggest steps the industry as a whole has taken to tackle fraud. Of this, less than a tenth of fraud actually occurred in Canada itself, which the organization credited largely to the completion of the migration to EMV technology that started back in 2008.

CA 49

CA Fraud ATM Cards 49

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

Accenture

SEPTEMBER 22, 2019

They also deliver innovative, easy-to-use apps that help users with things like managing their daily budget or travelling abroad. Measures enacted to make the sector more financially secure have also increased costs and reinforced the incumbents’ competitive advantage. Trust is central to any bank’s relationship with its customers.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

DECEMBER 21, 2016

But more remarkable than the fact that Yahoo actually managed to compromise the data of 21 percent of the planet is the fact that this information barely registered with the vast majority of people. million flowing directly into the pockets of the criminals who managed to pull off the heist. What happened? What came next?

Data 100

Data Cards Fraud Security 100

PYMNTS

APRIL 27, 2016

Her move to HSBC comes as the bank is struggling to put anti-money laundering controls into place, as required by a 2012 pact with the Justice Department. billion settlement HSBC was ordered into after it became quite clear in 2012 that the bank was a favored home for various drug cartels and their funds. That pact is part of a $1.9

Management 100

Management Fintech Industry Fraud 100

FICO

NOVEMBER 30, 2022

Insurers are looking for ways to proactively provide offers and secure solutions to insurance customers who want new forms of protection. The world since COVID-19 — exacerbated by increasing uncertainties such as inflation, war, and climate change — is anything but secure. Fighting Insurance Fraud.

Fraud 52

Fraud Analytics Examples Data 52

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.

Retail 100

Retail Apple Fraud Online 100

Banking 2020

NOVEMBER 28, 2015

As the US comes out of its first post-EMV liability shift months, it’s worth looking at how chip cards have evolved over the years to improve security and how lessons learnt in other countries have made smart cards more secure than ever. These were card-present frauds that managed to nullify the PIN. CDA explained.

Fraud 40

Fraud Cards Security Analysis 40

PYMNTS

FEBRUARY 15, 2019

Roger Ng, who used to be a managing director Goldman Sachs, was arrested in Malaysia in November for his alleged involvement in embezzlement involving the state investment fund 1MDB. billion from three 1MDB bonds that were set up by Goldman Sachs in 2012 and 2013. to face his charges, according to a report in the Financial Times.

United States 122

United States New York Management Report 122

PYMNTS

MAY 28, 2019

Lawmakers changed the rule in 2012, but they estimate losses of 10 billion euros. The London bankers gave prosecutors details on the deals back when the two worked for The Ballance Group, which is an asset management company that pushed the deals through.

Taxes 108

Taxes America Groups Report 108

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. The SEC Finding. lending marketplace.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

FEBRUARY 18, 2019

According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Google in 2012 paid $22.5 Facebook , which has been under fire for months over data scandals, expressed openness to new regulation.

Regulation 134

Regulation social media Company Google 134

PYMNTS

NOVEMBER 21, 2018

IPIC, said FT , alleged that Goldman bribed Khadem al-Qubaisi, IPIC’s former managing director, and Mohamed al-Husseiny, former chief executive of Aabar, an IPIC subsidiary. The bank had helped 1MDB raise $6 billion in 2012 and 2013. IPIC said it also filed complaints in Abu Dhabi against Qubaisi and Husseiny. billion from 1MDB.

New York 100

New York Management Report Company 100

PYMNTS

MAY 14, 2019

Ex-executive Lars Morch, who was responsible for business banking, was charged and brings the total number of bank managers facing charges in the scandal to nine. Morch handled a large swath of territory, including the Baltics, from 2012 until he resigned in April of last year.

Regulation 108

Regulation Report Groups Management 108

South State Correspondent

OCTOBER 25, 2023

Over the last ten years, from 2012 to 2022, checks by volume have declined some 57%. This cost includes receiving checks, scanning, providing checks, check security, data verification, check data management, compliance, fraud management, customer service for transactions, handling complaints, dispute resolution, and exception handling.

Fraud 195

Fraud ATM Payments Management 195

PYMNTS

JULY 20, 2016

“As such, Hong Kong’s just-in-time trade management sector is vulnerable to being hijacked.” ” Plus, reports added, Hong Kong has had issues with money laundering after authorities in 2012 stated the city was noncompliant due to a lack of controls when funds are transacted across borders.

Report 100

Report Company Payments Management 100

NCR

MAY 3, 2016

But as attacks continue to become more targeted and sophisticated, IT teams are struggling against a range of agents, from common hackers to nation-states, to keep their networks and their vaults secure. Securing the Vault. Establish an enterprise-wide security policy. Enforce your security policy. The Turning Point.

Policies 40

Policies Security ATM System 40

PYMNTS

OCTOBER 2, 2018

Since its founding in 2012, the firm has specifically distinguished itself in a crowded field of tech-based underwriters, with its focus on the consumer group it calls the “underbanked middle class.”. This is the bank’s product backed up by our brand. The loans are guided by their credit policy, carried on their balance sheets.

Lending 134

Lending Alabama Online System 134

PYMNTS

JANUARY 7, 2020

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — said it’s important to put the cyberthreats, and Iran’s willingness to deploy them, in context.

National 145

National United States Operations System 145

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

Jeff For Banks

DECEMBER 12, 2015

Aside from interest rate risk, vendor management is high on the list. If looking for a FinTech (seven) partner, follow your vendor management procedures. With more than $3 billion in assets under management (AUM), it recently surpassed rival Wealthfront. Perhaps I should have mentioned blockchain. And I suspect elsewhere.

Fintech 60

Fintech Capital Cards Bitcoin 60

PYMNTS

MAY 27, 2016

Affirm made waves in 2012 when it launched with a novel premise: offer shoppers loans at the point of sale to let them buy and pay off products they otherwise wouldn’t be able to afford. ” What a breach of etiquette to call out the retail security industry — however necessary it is. Using Data To Stop Data Breaches.

Retail 100

Retail Las Vegas Millennials Conference 100

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. Overall, year over year, online fraud attacks have spiked 215 percent.

Lending 100

Lending Mobile Cards Fraud 100

PYMNTS

OCTOBER 28, 2016

faster – with 500 members)) and security (e.g. The Fed yesterday announced the formation of its Payments Security task force and has launched an online survey to collect comments on payment identity management, and data protection. 8 and responses will used to help determine just where efforts to improve security should lie.

Google 100

Google Video social media Security 100

FluentBanking

APRIL 18, 2020

Such limits may be attained in two to three years (2010, 2011 and 2012, respectively) after making the course contents, reading materials, library facilities and coaching facilities available to the candidates.

Regulation 52

Regulation Case Study Security Management 52

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.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

AUGUST 6, 2016

That more serious issue came up last s pring, when it became known that those test prep firms had also managed to get their hands on a copy of the new (and as yet untaken) version of the SAT. When starting their newest redesign in 2012, the College Board hired Gartner to identify the risks associated with it. The Question Mark Hack.

Study 100

Study Security New Jersey Course 100

CB Insights

AUGUST 16, 2017

This new unicorn cohort operates across industries, from fitness tech to cybersecurity to enterprise data management. Select Round Investors: capitalG, Goldman Sachs, Balyasny Asset Management. Select Round Investors: Y Combinator, Matrix Partners, Tiger Global Management. OUTCOME HEALTH. Valuation: $5.5B. Valuation: $1.8B.

Meeting 68

Meeting US Capital North Carolina 68

Fintech Labs Insights

OCTOBER 20, 2020

Cirrus Secure 7-minute demo @FIS Fintech Accelerator Demo Day. Cirrus Secure. Description: Secure document portal for lenders. Founded: 2012. Description: Biometric authentication system to reduce fraud while protecting user privacy. Description: Automated expense/card management solutions for SMB customers.

Fintech 15

Fintech San Francisco NJ Arkansas 15

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Fraud prevention tools. Stripe Connect and billing services help companies manage marketplaces, subscriptions. Stripe Billing optimizes subscription and invoice management. Source: Finix.

Online 98

Online Company Retail Payments 98