FICO

JUNE 14, 2018

Following a slide that lasted four and a half years, the FICO® Credit Health Index for Russia began climbing in April 2016 and climbed another 2 points last quarter, from 92 to 94. Then came the long fall, which was arrested in early 2016. Risk management is still very much a priority for Russian credit grantors.

Risk Management 40

Risk Management Cards Maine Management 40

PYMNTS

SEPTEMBER 23, 2016

Securing IT infrastructure has reached a critical tipping point. According to new research, despite the fact that cybersecurity has captured the attention of the C-suite, many IT professionals still rate their companies very low when it comes to security practices and procedures. A survey of 287 U.S. A survey of 287 U.S.

Security 100

Security Survey Risk Management Management 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. The build-back from the revelations of 2016 was a bit more of a lengthy process.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JULY 3, 2017

The End of Excessive Card Surcharges. A new law is going into effect that will prohibit agents from charging customers fees for using their credit or debit card. But that’s not such good news for the agents, and some may opt to introduce booking fees or other incentives to discourage customers from using cards.

Online 112

Online Payments Fraud Cards 112

PYMNTS

SEPTEMBER 26, 2016

That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). This all is also a product of increased demand for seamless and secure digital products and services in an efficient time frame. Global digital payment volume is slated to hit a new high this year of 426.3

Report 100

Report Payments blockchain Security 100

PYMNTS

MARCH 10, 2017

On the other hand, around that same time the IRS released data showing that phishing and malware incidents in the 2016 tax season increased by 400 percent. In response, the external digital risk management team recently released its research assessing dark web and criminal chatter related to tax fraud so far this year.

Taxes 144

Taxes Fraud Risk Management Data 144

PYMNTS

AUGUST 16, 2018

According to a survey conducted last year by the Global Association of Risk Professionals (GARP), 88 percent of bank executives believe AI and ML adoption could provide “a foundational change” for risk management. Reducing Risk By Fighting Fraud. billion to it during the same year. billion, respectively.

Digital Banking 101

Digital Banking Fraud Data Tools 101

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. billion via business wire fraud between October 2013 and December 2016, the FBI calculated. Thieves attempted to steal $5.3 counterparts are not available.

Fraud 116

Fraud Compliance Innovation Payments 116

PYMNTS

JULY 22, 2016

It’s even more surprising given that 2016 could be the year that regulation begins to really kick in for these lenders — in the U.S., Investors seem confident in the industry’s startups and their ability to provide adequate risk management and underwriting for their loans; VCs provided more than $11.5 ezyCollect.

Lending 100

Lending Regulation Big Data Risk Management 100

NCR

AUGUST 31, 2016

The web and mobile – go-to interaction channels for consumers – are of central focus for banks, credit unions and credit card companies: they’re key to creating a positive consumer experience, yet they are also vulnerable to cyber attacks by fraudsters. Sophisticated fraudsters recognize this vulnerability.

Fraud 65

Fraud Analytics Cards Mobile 65

Gonzobanker

DECEMBER 22, 2020

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). The Future is Now Award Goes to contactless cards and card-not-present payments.

Idaho 172

Idaho Community Industry Strategy 172

FICO

DECEMBER 21, 2016

In September 2016, new leaks exposed the people connected to a whopping 175,000 Bahamian companies registered between 1990 and 2016. The political turmoil of 2016 means that there is a lot of gain to be had by exposing politicians who used tax havens, which should drive even more investigations and revelations.

Compliance 40

Compliance Analytics Taxes Groups 40

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Risk in Bankcard Originations on the Rise. Per figure 1 below, the shift in odds-to-score for bankcard originations has generally been a parallel one, indicating a systemic shift in risk across the board.

Trends 63

Trends Fraud Data National 63

PYMNTS

MARCH 19, 2018

Credit card skimmers are a headache for fuel retailers, but there is more than one way that fraudulent actors can target fleet spend. In addition to stolen credentials and skimmed cards at the fuel point-of-sale, employees are often able to overspend with their commercial fleet card products, or file fraudulent expense reports.

Fraud 153

Fraud Cards eBook Data 153

Independent Banker

FEBRUARY 24, 2016

It’s Community Banking LIVE 2016 in New Orleans. For the most current information about Community Banking LIVE 2016. Linkner is a featured general session speaker at Community Banking Live 2016 in New Orleans. We want to have easy access to our online accounts, we want our credit cards to be beautiful, et cetera.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

Fintech Labs Insights

MARCH 1, 2016

Snoopwall landed a cool million for its security solutions. Here are the fintech deals by size from 20 Feb to 26 Feb 2016: LoanZen. Data security for financial institutions. Loyalty card platform. Credit card rewards optimization . Tags: Enterprise, risk management, trading, investing, compliance.

New York City 12

New York City Company Fintech San Francisco 12

Tomorrow's Transactions

DECEMBER 19, 2016

Goodbye 2016. As for the last few years, I’ve put together a “live five” of technology-driven changes in the secure transactions field that will have a real business impact over the coming year. So let’s see how our live five for 2016 did: Amazonisation. From SMS authentication isn’t security. Here we go then.

Mobile 30

Mobile Retail Trends Security 30

CB Insights

DECEMBER 5, 2017

AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks. Investment frequency: 9 new investments in 2016 YTD. American Family Ventures. Number of investments: 20.

Strategy 28

Strategy Marketing Analytics Innovation 28

PYMNTS

MAY 5, 2017

Aside from the obvious, the reason this breach is disconcerting to security experts is the way in which a single breach of Sabre’s system could have worked to allow cybercriminals access to a much broader attack surface. Jeff Hill, Director of Product Management at third-party risk management solutions provider Prevalent, Inc.

Cards 113

Cards Fraud Security Retail 113

PYMNTS

JUNE 26, 2020

Our priority is ensuring people are able to continue to use their cards,” Mastercard said. “We In 2016, Wirecard announced its partnership with Visa Europe Collab to provide its technology and banking solutions. Mastercard told the news service it is tracking news coverage of Wirecard. billion that may not exist.

Risk Management 254

Risk Management Fraud System Cards 254

NCR

DECEMBER 7, 2016

Royal Bank of Scotland will start using it for online communication from December 2016. Luvo will answer simple questions – such as ‘How do I authorize my card to be used overseas?’ ’ – itself, and direct more complicated queries to a human customer service assistant.

Innovation 40

Innovation Cyber Security Fraud Industry 40

PYMNTS

DECEMBER 10, 2019

The tools we use to detect, score and prevent fraud — particularly card-not-present fraud in digital transactions — have improved exponentially in the last half-decade. As of today, 85 percent to 95 percent of synthetic fraud identities are easily slipping past risk detection systems that are failing to flag them.

Fraud 158

Fraud System Data Tools 158

CB Insights

JULY 16, 2017

USAA has slowed down its activity significantly, investing in just 5 new companies since the start of 2016. AIG’s investment in workplace wearable safety startup HCS is a play in reducing the risk of commercial claims, while its investment in cyber investigation firm K2 is meant to develop products to reduce client cyber risks.

Strategy 28

Strategy Marketing Analytics Innovation 28

Fintech Labs Insights

JANUARY 7, 2016

It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. Credit risk management. Tags: Enterprise, payments, mobile, security, Wocket Wallet (product name), hardware, credit/debit cards. Source: Crunchbase.

St. Louis 12

St. Louis social media Company Fintech 12

Tomorrow's Transactions

NOVEMBER 6, 2016

It turns out that I couldn’t get a ticket for the actual theatre so I decided to set up a security theatre instead. This is apparently perfectly acceptable as proof of identity throughout the continental United States and the woman was happy to charge my card following its presentation. All week, I kept getting asked for “photo ID”.

blockchain 52

blockchain United States Payments social media 52

Fintech Labs Insights

SEPTEMBER 19, 2016

Fintech deals by size from 6 Aug to 12 August 2016: Interactions. Digtial currency management for small businesses. Wealth management. Pindrop Security. Investor tools to manage carbon risk. Alt-credit score & risk management for financial institutions in emerging markets. Source: Finovate.

San Francisco 12

San Francisco New York City Fintech Company 12

Fintech Labs Insights

NOVEMBER 17, 2015

The company launched its BillPay and Secure Web Sign-In at FinovateSpring 2015 in May. Stratos presented its wallet-simplifying, Bluetooth Connected Card with enhanced security, and emerged from the same New York round as fellow Finovate alum, Wealthforge. Thiago Olsen is CEO. Canopy (Mesitis). Capital Preferences.

San Jose 12

San Jose New York Michigan Virginia 12

Tomorrow's Transactions

NOVEMBER 6, 2016

It turns out that I couldn’t get a ticket for the actual theatre so I decided to set up a security theatre instead. This is apparently perfectly acceptable as proof of identity throughout the continental United States and the woman was happy to charge my card following its presentation. All week, I kept getting asked for “photo ID”.

blockchain 46

blockchain United States social media Fintech 46

Fintech Labs Insights

MAY 19, 2016

Fintech deals by size from 23 April to 29 April 2016: Mosaic. Payment security technology. Tags: SMB, merchants, security, payments, POS, credit/debit cards, authorization. ——-. Marketplace lender for residential solor projects. Latest round: $200 million Private Equity. Total raised: $224.9 million ($98.3

San Francisco 18

San Francisco Company Fintech California 18

Fintech Labs Insights

JANUARY 18, 2016

Here are the deals by size from 9 Jan to 15 Jan 2016: Starling. Derivative risk management. Blockchain technology for securities. Tags: Enterprise, investing, trading, risk management, security, compliance. So the combined YTD debt and equity total of $800 million is triple the 2015 total.

Company 12

Company New York City Fintech San Francisco 12

PYMNTS

MARCH 5, 2018

Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side). Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis.

Payments 105

Payments Strategy Fraud Survey 105

PYMNTS

JULY 5, 2017

percent of revenue, and the numbers for e-tailers — who never handle a physical payment card — are much higher. While fraud and risk managers are certainly tasked with handling these issues, they ultimately report to the CFO, said Byrnes. But fraud costs an average of 7.5 There’s got to be a better way.

Fraud 161

Fraud Survey Retail Resources 161

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. New Bank Positions That Will Be Busy in 2016. One internal memo acknowledges the weaknesses in the bureau’s methodology and admits to the litigation risks in its case against Ally. FFIEC’s Cyber Security Self-Assessment Tool.

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

NOVEMBER 18, 2015

For weeks we’ve been sifting through applications from companies vying to present their latest at FinovateEurope on 9 & 10 of February 2016. EyeVerify’s Eyeprint ID seeks to solve the security and convenience issues inherent in passwords by using biometrics that image the blood vessels in the whites of the eye.

Company 12

Company Comparison Customer Experience Management 12

William Mills

MAY 9, 2018

Fiserv is highly regarded for its leadership and innovation, and award-winning solutions for mobile and online banking, payments, risk management, data analytics and core account processing. Covered Security , coveredsecurity.com @CoveredSecurity. Presenters: Chris Zannetos. Brian Milas.

Security 40

Security Samsung Strategy San Jose 40

Fintech Labs Insights

JULY 21, 2016

Fintech deals by size from 18 June to 24 June, 2016: Circle. Gift card payment network. B2B ecommerece credit management. Banking & money management for students. Tags: Consumer, SMB, merchants, security, authentication, Finovate alum. Total dollars raised YTD is now $17.1 Latest round: $60 million Series D.

New York City 12

New York City Fintech Company San Francisco 12

Fintech Labs Insights

FEBRUARY 23, 2016

Snoopwall landed a cool million for its security solutions. Here are the fintech deals by size from 13 Feb to 19 Feb 2016: StoneEagle Services (VPay). Prepaid card issuer. Risk management and compliance software. Security solutions for mobile apps and online services. FlexScore was bought by United Capital

Company 12

Company Fintech San Francisco Texas 12