PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. V-CIP’s biggest advantage is the elimination of risks associated with secure transmission and storage of documents.

Video 175

Video Capital Lending Security 175

CB Insights

OCTOBER 2, 2018

Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are doubling down on data security. Effective data security features are critical to securing this information. However, Facebook and Amazon are not the only Big Tech companies with a need to innovate in data security. The Future of Data Security.

Security 58

Security Data US Google 58

Bank Innovation

MARCH 1, 2019

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170

Fintech Financial Technology Technology Operations 170

CFPB Monitor

MARCH 9, 2020

On March 5, 2020, the OCC issued a revised set of FAQs designed to supplement OCC Bulletin 2013-29 (Third-Party Relationships: Risk Management Guidance) issued on October 30, 2013. The OCC appears to place risk management responsibilities upon banks for such activities conducted by third-party data aggregators.

Risk Management 78

Risk Management Data Management Compliance 78

PYMNTS

FEBRUARY 27, 2019

Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 billion people worldwide will carry digital IDs with embedded biometrics by 2021.

Security 159

Security National Wyoming Idaho 159

PYMNTS

DECEMBER 20, 2019

They engaged in a phishing scheme, sending emails to employees and agents of the companies, seeking outstanding bills and asking the companies to send money to accounts in Latvia and Cyprus that Rimasauskas operated, according to U.S. federal prosecutors. In a statement on Thursday, U.S.

Google 133

Google Maine Report Operations 133

PYMNTS

SEPTEMBER 8, 2016

TPG will own a 51 percent stake in McAfee, which was named Intel Security, while Intel will get a 49 percent stake. Intel will continue our collaboration with McAfee as we offer safe and secure products to our customers.”. “We Through the first half of this year, Intel Security Group revenue grew 11 percent to $1.1

Company 100

Company Security Marketing Strategies Strategy 100

PYMNTS

OCTOBER 11, 2016

The suit was filed by San Francisco-based Partner Fund Management in Delaware Court of Chancery on Monday October 10. The suit was filed by San Francisco-based Partner Fund Management in Delaware Court of Chancery on Monday October 10. Theranos, a U.S. The firm faces civil and criminal investigations. million in February 2014.

San Francisco 100

San Francisco Delaware Arizona California 100

Celent Banking

MARCH 2, 2017

When it comes time to choose a business partner, banks will favor those who help them execute their third party risk management (TPRM) responsibilities over those who begrudgingly comply. 1 Office of the Comptroller of the Currency 2013-29 Bulletin.

How To 100

How To Risk Management Management Regulation 100

PYMNTS

MARCH 27, 2020

Vending machines have come a long way from their origins as coin-operated appliances that dispense sodas or candy. Fresh meal vending solutions provider Farmer’s Fridge launched in 2013 to meet that need, using vending machines to sell fresh and healthy food at scale. “I Targeting Convenience.

Milwaukee 130

Milwaukee Meeting New York City Data 130

Insights on Business

APRIL 23, 2018

Previously collaborating on projects involving mobile , risk management , or cognitive computing to improve customer service , Citi has not been shy to embrace modern technological advances to improve their business. Since 2013, more than 9 BILLION data records have been lost or stolen, which adds up to almost 3,500 records every minute [1].

Security 87

Security Data Analytics Industry 87

Abrigo

OCTOBER 29, 2014

This metric surged from 2 percent as of June 30, 2013, to 4.4 ” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Liquidity risk management and adequacy of contingency funding plans.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

Abrigo

APRIL 1, 2015

As noted in the OCC’s document, Common Sense Approach to Community Banking , a bank’s board of directors “must determine whether the risks the bank assumes are warranted, effectively managed, and consistent with safe and sound banking practices.” How complex is the bank’s operating model? How complex is the bank’s operating model?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”

Community 195

Community Lending Maine Resources 195

PYMNTS

DECEMBER 10, 2018

A payment method that has managed to capture nearly a quarter of sales over a decade hasn’t done badly. The REDCard has seen its growth slow appreciably since 2013, the year of the infamous Target breach. But between 2013 and 2015, it’s been a different story. But that may be as good as it gets.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

JULY 11, 2018

CNBC said The Steinberg Group , which operates under the name dOMAIN, and a production management company in New York City agreed to submit altered invoices and bills to hide the scam. The fraud happened from 2008 until he was fired in 2013, noted the report. He also worked with two QVC vendors to aid in ripping off the company.

Company 102

Company New York City Fraud Retail 102

PYMNTS

JULY 21, 2017

Their respective operators have also been arrested. But as of yesterday, Dutch police were reporting that Hansa Market has been under their control since June and that they’ve been using the last several weeks to operate the site and monitor the vendors and customers. You got this one law enforcement.”

Marketing 100

Marketing National New York Conference 100

FICO

APRIL 26, 2016

For decades, businesses have been leveraging technology to automate large parts of their operations – accounting, manufacturing, supply chains and customer relationships. Today we are introducing a major leap-forward in the practice of prescriptive analytics and decision management.

Analytics 40

Analytics Management Innovation How To 40

PYMNTS

AUGUST 1, 2018

Europol contended that the group has been operating since 2013 and has members in 40 countries around the globe. Cyber risk is an escalating management priority, as the use of technology in business increases and the threat environment gets more complex,” said John Drzik, president of Global Risk and Digital at Marsh.

Groups 101

Groups United States ATM Fraud 101

PYMNTS

OCTOBER 25, 2019

Now, the fast-growing operation is tapping into one of the growing trends in payments and commerce by offering online financing for its many partners. To get a better handle on what’s going on — and why OYO is embracing hotel financing — PYMNTS recent talked with Abhinav Sinha, chief operating officer and operating partner at OYO USA.

Online 100

Online US Trends Operations 100

PYMNTS

JANUARY 5, 2017

Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks. Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS.

Payments 100

Payments Survey Fraud Software 100

PYMNTS

NOVEMBER 15, 2017

Together, SAP and EY said they are pushing for corporate adoption of blockchain in the area of supply chain management, a common target of open-source blockchain projects. Their partnership deploys EY’s Ops Chain supply chain management solution built on distributed ledger technology.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

FEBRUARY 22, 2019

As phishing and ransomware become known commodities in the world of digital security, the hackers and crackers just change up their methods. The rise of formjacking accompanies the decline of ransomware attacks, which according to the report are down 20 percent year-on-year — the first decline since they began emerging on the scene in 2013.

Cards 116

Cards Bitcoin Data Retail 116

PYMNTS

MARCH 16, 2018

Ever since 2013, when Amazon CEO Jeff Bezos said the eCommerce giant was working on a 30-minute drone delivery program called Prime Air, people have been saying that delivery is the big retail use case for drone technology. Amazon is reportedly pushing for safety approval on its drone designs in addition to precise operating rules.

Retail 151

Retail Technology Survey Course 151

PYMNTS

JULY 20, 2016

When First Data quietly announced its purchase of Clover in 2013 – the move was widely covered as a competitive answer to Square (and its many imitators). We say Clover is an operating platform – it’s not a piece of hardware. It’s actually a very different thing than what people perceive. “We

System 100

System Operations Customer Experience Innovation 100

PYMNTS

AUGUST 15, 2016

According to statistics from the Association of Financial Professionals, 50 percent of companies were still using paper checks as of 2013. The survey gathered data from 120 respondents, whose titles included “AP manager, controller, chief financial officer, finance executive, accounting director and accountant.”.

Survey 100

Survey Fraud Payments Data 100

Jeff For Banks

DECEMBER 13, 2018

The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Thanks to good old growth and balance sheet management which saw their net interest margin expand from 3.49% in 2015 to 3.80% today. The bank operates twelve branches, eleven in California and one in Nevada.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

JUNE 14, 2018

But for some businesses, this risk can prevent them from obtaining the banking services they need to operate, according to Thomas Skala, chief executive officer and president of telecommunications and payments company Genie Gateway. This security, he added, is largely behind the development of Genie Gateway’s Check22 Platinum solution.

Fraud 101

Fraud Survey Cards Industry 101

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

MAY 13, 2016

The fact that bitcoin’s biggest use case is all about the Dark Web doesn’t really support the notion that it should be loosely regulated — and that there is a huge difference between privacy and security and anonymity when it comes to financial transactions. That fund was filed with the SEC for regulatory approval in July 2013.

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

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.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JULY 3, 2017

So-called “cheap flight” operators were once notorious for drip pricing, with the Office of Fair Trading (OFT) estimating that the airline industry alone was charging consumers £300 million a year (that’s $379,672,500 USD) in card surcharges at its peak. Complex Cross-Border B2B Payments.

Online 112

Online Payments Fraud Cards 112

Independent Banker

JULY 30, 2015

ICBA Services Network subsidiary companies ICBA Bancard & TCM Bank®, ICBA Securities®, ICBA Mortgage®, ICBA Reinsurance® and ICBA Strategic Technology Solutions® provide direct access to key operational services and solutions. ICBA Bancard & TCM Bank , N.A. For more information, visit www.icbabancard.org. Vendor Directory.

Resources 70

Resources Tools Community Bank Community 70

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. Wealth Management. See how Amazon is battling it out against fintech startups.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

MAY 31, 2018

It’s almost as if these various players are all speaking different languages, according to George Throckmorton, managing director of NACHA , The Electronic Payments Association, who equated the payments industry to a digital Tower of Babel. Standardizing Payment Technology for Smarter, Safer Payments. Putting a Standard in Place.

System 100

System Payments Tools Industry 100

PYMNTS

JULY 1, 2016

According to the report, the number of startups in the city-state doubled from 24,000 to 42,000 between the years 2005 and 2013. A Singapore-based startup offering bitcoin exchange and cryptocurrency services secured another major round of funding this week.

National 133

National Training Bitcoin Samsung 133

Jeff For Banks

DECEMBER 18, 2014

For comparison purposes, here are last year''s top five , as measured as of December, 2013: #1. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. So, as a branchless bank, BofI has leveraged its significantly lower operating expenses into profit.

North Dakota 91

North Dakota Arizona Minnesota Los Angeles 91