Remove 2015 Remove Financial Technology Remove Fraud Remove Security
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Fed Task Force Releases Payment Lifecycles And Security Profiles

PYMNTS

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

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Wirecard Reportedly Fined Millions By Visa, Mastercard For Questionable Transactions

PYMNTS

And since 2015, Visa and Mastercard executives have been concerned about issues with Wirecard that included miscoded gambling transactions, high numbers of stolen card purchases and reversed transactions which led to substantial fines, sources told the newspaper. Visa and Wirecard declined to comment, according to the report.

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The year in IBM FinTech

Insights on Business

You would be hard-pressed to find tech industry jargon spoken and written about as much as the secure ledger technology known as blockchain. While it is currently revolutionizing a number of industries , blockchain might as well be the word of the year in technology. The future of financial services: The cognitive bank”.

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Why Digital Marketplaces Must Anticipate Shoppers’ Needs

PYMNTS

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. billion – of funds were lost to card fraud in 2018, up from $1.4 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7

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Plaid Technologies Scores $44M Off Goldman Sachs-Led Round

PYMNTS

Plaid’s APIs allow developers to build financial services applications by providing high-quality transaction data to bank accounts’ authentication tools and comprehensive analytics to reduce fraud. What would you say was the biggest hurdle you had to overcome prior to Plaid’s April 2015 launch?

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LendingClub Settles With SEC, DOJ

PYMNTS

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. said U.S.

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Finovate Talks Payment API Security with John Canfield, VP of Risk for WePay

Fintech Labs Insights

As a payments platform, WePay conducts business in a battlefield of daily security concerns. We recently caught up with John Canfield, VP of Risk for WePay, to chat about how he combats fraud. It also provides regulatory and fraud risk protection. Finovate: How is WePay using machine learning to combat fraud?