PYMNTS

DECEMBER 23, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip.

Payments 100

Payments eBook Fraud Cards 100

FICO

NOVEMBER 14, 2017

UBS Card Center, which processes roughly 25% of the credit cards in Switzerland, has cut the amount of fraud write-offs per compromised card, stopped more fraudulent transactions and reduced false-positive rates using the FICO ® Falcon ® Platform.

Fraud 58

Fraud Cards Analytics Customer Experience 58

PYMNTS

DECEMBER 30, 2016

Bank heists and data breaches saw no shortage in 2016, and corporates large and small could no longer avoid the risk of a cyberattack. But, Vigue added, 2017 will be a year of continued innovation in the technology that can prevent, detect and mitigate a corporate cyberattack. Simply put: Crooks love checks.

Fraud 145

Fraud Security Survey Technology 145

PYMNTS

NOVEMBER 8, 2019

Innovations — some more fantastical than others — keep emerging, though. The machine offers those who answer yes the option of remembering a previous order either by facial scan or by personally identifiable information (PII) like a phone number or credit card used to place the previous order. Vein recognition? Voice patterns?

Innovation 120

Innovation Fraud Security Data 120

FICO

MARCH 10, 2022

I’ve been writing recently about the results of our recent global consumer fraud survey. But like most things, it’s not as simple as it sounds, as large customer groups are likely to switch banks if they are dissatisfied with their response to a fraud management incident (more on that in a moment). Possession – something you have (e.g

Fraud 52

Fraud Survey Cards Customer Experience 52

FICO

NOVEMBER 13, 2017

What card fraud trends are bothering fraud managers in Europe? In this video, Gabriel Hopkins of FICO discusses the rise in card-not-present (CNP) fraud, and what card issuers are doing about it. That's why innovations in CNP fraud detection are so vital. appeared first on FICO.

Video 45

Video Fraud Trends Cards 45

PYMNTS

MAY 6, 2019

Launched in 2016, the gov.uk website initially only accepted payments from credit and debit cards. Allowing people to pay for government services through Apple Pay and Google Pay means they won’t have to enter their credit or debit card information when making payments,” said Till Wirth, lead product manager of gov.uk

Apple 176

Apple Fraud Cards Online 176

PYMNTS

JANUARY 13, 2017

CSI Kick Start, a FinTech incubator operated by corporate payments company CSI globalVCard, said it has officially kicked off its second year of searching out B2B payments innovators. The firm also introduced new cross-border corporate payment solutions in 2016, with capabilities to transact in more than 140 currencies.

Innovation 100

Innovation Payments Capital Fraud 100

NCR

NOVEMBER 7, 2016

One year on from the launch of EMV chip technology for payment cards in the US, the signs are positive as far as tackling fraud is concerned. Mastercard – the ‘M’ in ‘EMV’ – released figures showing a significant fall in the cost of counterfeit card fraud for US retailers who have adopted EMV.

Fraud 105

Fraud Cards US System 105

PYMNTS

OCTOBER 4, 2019

Once upon a time in the 1960s, banks were building a series of one-off card-based solutions , much the way today in the ending days of the 2010s we see global digital banking, mobile wallets and alternative underwriting schemes building one-off tech-based solutions for financial services products. Since 2016. Trackers and Reports .

Fraud 108

Fraud Google Apple Chicago 108

PYMNTS

JULY 24, 2020

As if hackers and data breaches and everyday card theft weren’t already off the chain, along comes COVID to embolden criminals and provide them with the cover of chaos to ply their trade. The financial industry is responding with innovation at the individual company level, but also collectively, with financial institutions (FIs) teaming up.

Fraud 187

Fraud Analytics Guidelines Industry 187

ZootBlog

JANUARY 25, 2017

The year 2016 has come and gone but I wanted to provide a recap of the most read Zoot blog posts from last year just as a reminder that although industry news is ever changing, some topics seem to resurface year after year. Here’s a recap of the top five most read blog posts in 2016.

Lending 60

Lending Customer Experience Fraud Google 60

PYMNTS

MARCH 30, 2016

That’s why fraud is always about identity.”. That’s Michael Reitblat, the CEO of Forter, a fraud prevention platform whose business is designed to make it harder for fraudsters to use those easy-to-come-by identities at a merchant. But the General cautioned that tackling fraud across the payments ecosystem today is a job for experts.

Fraud 100

Fraud Innovation Payments System 100

Celent Banking

SEPTEMBER 3, 2015

I am delighted to announce that we now accept nominations for Model Bank 2016. We celebrate the winners and their initiatives at Insight and Innovation Day (I&I), our flagship event. There are some changes to the Model Bank process in 2016. Digital Payments and Cards. Security, Fraud and Risk Management.

New York 100

New York Risk Management Maine Fraud 100

Celent Banking

APRIL 18, 2016

Last week many of us at Celent were in New York attending our Innovation and Insight Day on April 13th. The theme of this year's event was "Financial Services Reborn", and the Museum of American Finance on Wall Street provided an inspiring setting to celebrate innovation in financial services. Digital Payments and Cards.

US 100

US Case Study Risk Management America 100

PYMNTS

JULY 17, 2017

Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as a Service.” It’s a very unfair match, if you ask Skye Spear, VP of eCommerce fraud-fighting firm Signifyd. “I In the first quarter of 2016, this percentage dropped to 5.5 Classic fraud deflection is rules-based.

Fraud 109

Fraud Data Delaware New York City 109

PYMNTS

OCTOBER 20, 2016

To attend this live digital discussion on Wednesday, November 2, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. Get individual and industry perspectives on: – Payment authentication, its importance to fraud prevention and to ecommerce security. 3D Secure 2.0 ’s DIGITAL DISCUSSION HOST.

Security 100

Security CA Cards Strategy 100

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Global Fraud Attacks. Online Fraud Attack Rates Soar Since October.

Trends 100

Trends Retail Fraud Mobile 100

NCR

JULY 28, 2017

This convenience offers many advantages to the consumer, but financial institutions and consumers need to recognize one of the biggest disadvantages of this technological expansion: the increased risk of digital banking fraud. million instances of fraud and two million computer misuse offenses in England and Wales alone. .

Fraud 74

Fraud Digital Banking Survey Security 74

PYMNTS

MARCH 1, 2019

When credit cards first debuted in 1920s America,they brought with them myriad benefits. While the benefits were great, the innovation came with its share of risks, too. For instance, prior to a law passed by Congress in the mid-1970s, companies could mail consumers activated credit cards without their consent. Risk reduction.

Security 134

Security Payments Fraud Cards 134

PYMNTS

JANUARY 22, 2019

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. For instance, in 2016, 5 percent of Starbucks ‘ sales came from mobile orders, a figure that has since increased to 12 percent. Fraud Prevention Optimism.

How To 144

How To Fraud Online Mobile 144

PYMNTS

DECEMBER 15, 2017

Credit card services provider TSYS announced Friday that it has extended its existing agreement with Capital One Financial Corp. Under the terms of that pact, TSYS will continue to provide processing services for Capital One’s North American roster of accounts, a list that spans both consumer and commercial credit card accounts.

Capital 110

Capital Cards Risk Management America 110

PYMNTS

NOVEMBER 4, 2016

From a person’s payment information to their mother’s maiden name, hackers have everything they need to pose a legitimate customers and keep perpetrating fraud. Identity data is the critical currency for perpetrating online fraud.

Data 100

Data Cards Retail Security 100

PYMNTS

NOVEMBER 20, 2017

Late payments, coupled with other headaches like fraud and card chargebacks, mix for a messy start to the new year. economy, providing financial independence, encouraging innovation, and creating employment opportunities,” said WePay Chief Operating Officer Tina Hsiao in a statement.

Fraud 100

Fraud Survey Payments America 100

Accenture

OCTOBER 9, 2017

Firstly, cards have no role to play. They may endure for many more years, but as an innovation of the 1960s, they are inefficient, expensive and fraud-prone, unsuited to the atomized payments landscape. If atomization of communications is replicated in the payments industry, trillions of payments can become a realistic prospect.

Payments 152

Payments social media Industry Cards 152

PYMNTS

AUGUST 1, 2016

To attend this live digital discussion on Wednesday, August 31, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. – How business units can collectively drive enhanced digital services, combat fraud, and increase business performance. Now located in the U.S., CEO, Market Platform Dynamics.

CA 100

CA Security Payments Cyber Security 100

PYMNTS

OCTOBER 10, 2018

When it comes to business-to-business (B2B) transactions, paper checks are often the villain, cards an expensive but quick underdog, and ACH and its non-U.S. Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments. Thieves attempted to steal $5.3

Fraud 116

Fraud Compliance Innovation Payments 116

Gonzobanker

OCTOBER 16, 2017

The card processing landscape experienced significant changes in 2017, and this shift in players will impact financial institutions well into the future. What follows is a list of the vendors Cornerstone sees in 85% of our card selection projects. PSCU and Jack Henry Card Processing Solutions (JHA CPS).

Omaha 95

Omaha Cards Fraud Innovation 95

PYMNTS

MARCH 24, 2017

Their integration comes at a time when the world of FinTech is pleading for B2B payments to ditch paper (that includes checks) and get on board with, at the very least, cards and ACH. In fact, he said, many FinTech innovators often push for solutions in B2B payments that might ignore the paper check altogether.

Fintech 101

Fintech Fraud Mobile Innovation 101

PYMNTS

MAY 25, 2016

By later this summer, Wells Fargo customers will have the ability to make mobile payments with their eligible Wells Fargo debit and credit cards via the Wells Fargo mobile app at NFC-enabled payment terminals and Wells Fargo ATMs. Continuous innovation enables Wells Fargo to save customers time and money, reduce fraud and drive loyalty.

Mobile 101

Mobile Innovation Fraud ATM 101

PYMNTS

JANUARY 22, 2019

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. For instance, in 2016, 5 percent of Starbucks ‘ sales came from mobile orders, a figure that has since increased to 12 percent. Fraud Prevention Optimism.

How To 108

How To Fraud Mobile Online 108

PYMNTS

APRIL 5, 2017

2016 was a record year for data breaches, with the Identity Theft Resource Center reporting 1,093 in the U.S.,” said Ruston Miles, Bluefin’s chief innovation officer, in the statement. PayConex Plus also integrates to major shopping carts online, Bluefin said in the press release. and the BBPOS Limited WisePad, the company said.

Data 101

Data Payments Security Retail 101

PYMNTS

MARCH 4, 2020

Barry Floyd, the firm’s chief financial officer, told PYMNTS in a recent interview that the company was particularly busy during 2016 and 2017, when Hurricanes Matthew and Irma hit the company’s home state of Florida. Bringing Innovation to a Traditional Industry. This is why Paul Davis is turning to new technology, Floyd said.

Management 141

Management Technology Analytics Resources 141

PYMNTS

AUGUST 25, 2016

To attend this live digital discussion on Wednesday, September 21, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. For more than a decade, Rich has been involved in developing fraud mitigation, compliance and Big Data strategies. Rich came to Kount after 14 years with a Fortune 50 retailer.

Compliance 100

Compliance Fraud Big Data Innovation 100

Insights on Business

MAY 22, 2019

Bank of New Zealand (BNZ), one of the leading banks in ANZ, announced late last year that they have selected IBM Safer Payments to deliver cross-channel fraud protection to its customers. Growing fraud requires new approach. Many conveniences that customers enjoy as a result of modern banking carry an increased risk of fraud.

Customer Experience 87

Customer Experience Payments Fraud Security 87

FICO

AUGUST 31, 2017

While data breaches and ransomware grab the headlines, we’re still seeing fraud growth due to ATM compromises in the US. The fraud growth rate has slowed down from the gangbusters surge we saw in 2015, but consumers and issuers still need to pay attention. Ever since then, we have been in an innovation race with the bad guys.

ATM 74

ATM US Fraud Cards 74