PYMNTS

SEPTEMBER 21, 2020

Among the scams highlighted included HSBC in Hong Kong, which allegedly allowed a $15 million Ponzi scheme to move its money even after the business was barred from operating in three states. HSBC is a much safer institution than it was in 2012.”. Between 1999 and 2017, FinCEN flagged more than $2 trillion in suspicious transactions.

social media 297

social media Report Operations Company 297

PYMNTS

MARCH 12, 2020

Six men were convicted by a Paris court in a $50 million impersonation plot that conned wealthy residents into giving money to help the government with covert operations involving hostages, The New York Times reported on Thursday (March 11). The victims were told that the operation was secret and time-sensitive. million fine.

New York 141

New York Video Fraud Taxes 141

PYMNTS

OCTOBER 26, 2018

That comes in the wake of BEC scams that are growing as a threat to companies of all sizes and industries as they conduct B2B operations. 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.

Washington 122

Washington Fraud Security Report 122

PYMNTS

NOVEMBER 10, 2020

Partnering with Plaid, Mazooma will maximize conversion for our merchant clients by making it even faster and easier for players to fund their accounts," Mazooma Chief Operating Officer Dave Roe said in the announcement. Plaid, founded in 2012 in Silicon Valley, was acquired by Visa earlier this year. . 10) press release.

Payments 137

Payments Georgia Atlanta Risk Management 137

PYMNTS

DECEMBER 21, 2018

.” Microsoft revealed that the flaw was discovered by Google ‘s Threat Analysis Team, and it affects older Internet Explorer browser versions — including Windows 7 and 10, and Windows Server 2012; 2016 and 2019 versions of Explorer 11; Explorer 10 for Windows Server 2012; and Explorer 9 for Windows Server 2008.

Security 179

Security Analysis Google Data 179

PYMNTS

SEPTEMBER 13, 2017

Founded in 2012, Emailage it is now hitting its major growth area and has entered expansion mode. It aims to flesh out operations in the areas where it already has a presence — that is, London; San Paolo, Brazil; Mexico City; Colombia; San Francisco and Greece. First, on Oct. 11 through Oct.

Las Vegas 118

Las Vegas Fintech San Francisco Arizona 118

PYMNTS

DECEMBER 6, 2018

Reuters , citing documents released by British lawmakers, reported that between 2012 and 2015 executives at the social media network operator — including chief executive Mark Zuckerberg — tracked how competitors were growing and then denied some access to user data that was available to other companies.

Data 116

Data social media Tools Video 116

PYMNTS

JANUARY 16, 2017

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to consumers that have been on the National Do Not Call Registry since 2012 or even earlier. In July 2012, in one week alone, the FTC contends the defendants made more than 1.3

Company 100

Company National Operations Marketing 100

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. Different countries operate on different messaging systems, a challenge that can be addressed by standards such as ISO 20022. Key Drivers in Place. Signing On, With ROI in Sight.

Payments 197

Payments Fraud System Cards 197

PYMNTS

MARCH 20, 2020

Swedbank was reportedly processing transactions in Estonia of around 20 billion Euros from Russian non-residents, between 2012 and 2016. Swedbank has already suffered some, seeing its share price fall by a third after the scandal’s details came out in the media. Swedbank’s CEO and much of the board were fired as a result.

United States 139

United States Regional Retail Report 139

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Why the intense interest in the neo-challengers? Cybersecurity.

Innovation 150

Innovation Metro Apple Marketing 150

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. One such attack by the group Unlimited Operations was able to net over $40 million.

Fraud 88

Fraud Cyber Security ATM FDIC 88

NCR

SEPTEMBER 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 75

ATM Fraud Illinois Cards 75

PYMNTS

OCTOBER 17, 2018

If history is even a rough guide to the future, you can bet that some of the case studies, technology and techniques gained from what promises to be a major operational effort will make their way into the payments and commerce mainstream — which, of course, has its own daily issues with data breaches, hackers, fraud and authentication.

Payments 168

Payments Maine Case Study System 168

PYMNTS

MAY 15, 2019

He alleges that the accounts were used to launder $176 million between the years of 2006 to 2012. Browder has taken complaints against the bank to multiple agencies, including authorities in Estonia and Latvia. It is also looking at its ties to Mossack Fonseca, the law firm at the heart of the Panama Papers.

New York 115

New York Operations Industry Report 115

PYMNTS

MARCH 14, 2016

That was 2012. And then, using a generic email account, someone identifying himself as “White Fox” approached TNW — the name being important because it was also the moniker of a 2012 hacking operation pulled off by GhostShell. And that’s just in the U.S. It has also made server attacks on Russian intelligence.

Examples 100

Examples Operations Industry Report 100

PYMNTS

JANUARY 7, 2020

If the Iranians do opt to conduct operations (cyber or otherwise), he added, it will partly be to show that the nation is not powerless, and that they are in control of their capabilities and proxies. Consider one example of asymmetrical ability, evident in the so-called Shamoon attack of 2012. cloaked well enough so that the U.S.

National 145

National United States Operations System 145

PYMNTS

MARCH 18, 2019

FIs that fail to catch illicit activities miss opportunities to hamstring such operations and unwittingly help fund them. banks increasing their AML compliance staffing tenfold between 2012 and 2017, according to one report. Money is the lifeblood that fuels any organization, and that includes terrorist and other criminal groups.

Compliance 181

Compliance Regulation Chicago Tools 181

PYMNTS

MAY 24, 2016

The plaintiff in the case, VirnetX, was in court with Apple since 2012 and held nearly 80 patents — four of which form the basis of the case against Apple. VirnetX is a somewhat successful patent trolling operation. In 2010, it settled out of court with Microsoft for $200 million and filed a new case against it last year.

Apple 104

Apple Samsung Video Software 104

PYMNTS

OCTOBER 17, 2018

If history is even a rough guide to the future, you can bet that some of the case studies, technology and techniques gained from what promises to be a major operational effort will make their way into the payments and commerce mainstream — which, of course, has its own daily issues with data breaches, hackers, fraud and authentication.

Payments 100

Payments Maine Case Study System 100

NCR

AUGUST 4, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Illinois Cards 40

PYMNTS

JUNE 20, 2016

San Francisco-based Plaid was founded in 2012 with the vision of making the world a better place for FinTech firms by providing easy infrastructure to connect FinTech innovators with their clients’ bank accounts. We are excited to partner with Plaid and support the business as it continues to enable financial innovation.”.

Technology 101

Technology San Francisco Fintech Financial Technology 101

PYMNTS

JUNE 12, 2017

First, it can help detect and avert fraud by making trends easier to spot. OL: Ronen Morecki and I founded Zooz in 2010 and launched the company in 2012. Its extensive e-Commerce operations process transactions from studios and audiomasters globally. Zooz also offers secure data storage and protection for consumer information.

Data 136

Data Retail Software System 136

Fintech Labs Insights

APRIL 18, 2016

Fraud prevention company Guardian Analytics has launched its Omni-Channel Fraud Prevention solution that uses behavioral analytics and machine learning to prevent fraud across multiple channels. Guardian Analytics debuted FraudXCHANGE at FinovateFall 2012.

Analytics 12

Analytics Fraud California Study 12

NCR

FEBRUARY 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Illinois Cards 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.”. Avant is really two businesses operating under one roof — connected in crucial ways, but separate in function.

Lending 134

Lending Alabama Online System 134

PYMNTS

JUNE 8, 2018

This operational cadence encouraged proactive communication as the best method to spread awareness of the threat and how to combat against it.”. Probably, at least according to a McKinsey & Company report that dates to 2012, but whose wisdom might have found approval from Sun Tzu. “An Can businesses learn something from that?

Exercises 151

Exercises Louisiana Cyber Security Tools 151

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.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

AUGUST 18, 2016

The financial messaging service known as SWIFT — which operates as a bank-owned consortium and helps payments in the billions of dollars move globally — has been beset by security flaws, has known about those flaws and has done little to address those flaws. So reported Reuters on Wednesday (Aug.

Security 100

Security Software New York System 100

PYMNTS

SEPTEMBER 30, 2016

Yahoo employees told NYT that security was just one of the competing priorities Mayer was faced with when she took over as CEO back in 2012. A new report from Fortune revealed that the company’s latest iOS 10 operating system upgrade makes it easier for hackers to steal users’ passwords.

Security 100

Security Data System New York 100

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

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

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

CB Insights

FEBRUARY 13, 2020

Fraud prevention tools. Sigma aims to streamline business operations. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Stripe Atlas (business incorporation tool) and Stripe Sigma (business analytics and reporting) can help simplify business operations.

Online 98

Online Company Retail Payments 98

CB Insights

OCTOBER 29, 2018

Date: March 21, 2012. Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: 2012. By 2012, Microsoft would take a $6.2B Zynga and OMGPOP. Price: $210M. Caterpillar and ERA. Price: $677M.

Google 76

Google Software Innovation Company 76

Jeff For Banks

DECEMBER 12, 2015

If a bank deems a vendor critical to its operation, it must analyze the vendor's financial statements to be confident in its viability. Two years after being lauded as Finovate's best of show, it sold itself to MasterCard in 2012. Perhaps I should have mentioned blockchain. Bank examiner focus moves in waves.

Fintech 60

Fintech Capital Cards Bitcoin 60

CB Insights

AUGUST 16, 2017

This new unicorn cohort operates across industries, from fitness tech to cybersecurity to enterprise data management. C3 IoT provides a platform for the design, development, and operation of enterprise-scale big data, predictive analytics, AI, and IoT applications. Peloton sits at the intersection of fitness, hardware, and content.

Meeting 68

Meeting US Capital North Carolina 68