PYMNTS

APRIL 7, 2016

TSYS will bring its risk management solutions that enable cardholders to monitor their accounts and prevent fraudulent activity with real-time access to communication options, including push notifications, SMS text messaging, voice messages and email. According to TSYS’ 2016 U.K.

Risk Management 100

Risk Management Study Fraud Survey 100

PYMNTS

MARCH 12, 2018

Fraud experts warn it could be a business-shuttering mistake to assume an SMB is less susceptible to fraud than large enterprises. This week’s B2B Data Digest examines the data released in PwC’s latest report, “ Pulling fraud out of the shadows.”. Worse, according to PwC’s Marino, this figure may be misleading.

Fraud 135

Fraud Resources Survey Data 135

PYMNTS

MAY 20, 2016

Corporate treasurers know fraud is something to keep an eye on, but amid all of the high-profile breaches and hacks over the last few years, apparently, these money managers haven’t acted — yet. There was also a 17 percent increase in the number of treasurers that said they are responsible for group liquidity management.

Survey 100

Survey Fraud Risk Management Management 100

SWBC's LenderHub

APRIL 1, 2016

Here are some of the cold hard facts from the 2016 Report to the Nations on Occupational Fraud and Abuse : For a business owner, it can be hard to think about your trusted employees engaging in dishonest or fraudulent activities that could harm your company, but the fact of the matter is, it happens more often than you think.

Fraud 60

Fraud National Report Company 60

PYMNTS

MARCH 14, 2018

The company automates fraud detection for merchant service providers to prevent the processing of fraudulent transactions and to reduce the risk of chargebacks. EverCompliant announced in 2016 that it raised $9.5 Their investment shines a spotlight on a growing problem in the payments industry. million led by Arbor Ventures.

Risk Management 102

Risk Management Fraud America Online 102

PYMNTS

DECEMBER 15, 2017

In addition, core processing activity remains strong, the company said, and key technology initiatives in the issuer segment included technology tied to fraud and risk management. billion in 2016 and processed more than 25.5 TSYS has also reported it generated revenue totaling $4.2 billion transactions.

Capital 110

Capital Cards Risk Management America 110

PYMNTS

OCTOBER 10, 2018

One of the biggest problems with wire, particularly in the B2B payments space, is its target for fraud, and the Federal Bureau of Investigations (FBI) says instances of business wire fraud, commonly referred to as the business email compromise, are climbing. Thieves attempted to steal $5.3

Fraud 116

Fraud Compliance Innovation Payments 116

PYMNTS

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S. Opus said that in the U.S., Opus said that in the U.S.,

Data 195

Data Risk Management Resources Survey 195

PYMNTS

AUGUST 16, 2018

Risk looms large with rampant growth in fraud, however, and financial institutions (FIs) must stay guarded to prevent cybercrime. Reducing Risk By Fighting Fraud. One of the largest, still-growing risks that banks face is increased cybercriminal attention and attacks. The financial services industry is booming.

Digital Banking 101

Digital Banking Fraud Data Tools 101

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. The build-back from the revelations of 2016 was a bit more of a lengthy process. The SEC Finding. The Rundown on the Run-up to the Decisions.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

JANUARY 5, 2017

“Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS. Organizations are realizing that the best way to combat this relentless crime wave is to move to electronic payments,” Vigue continued.

Payments 100

Payments Survey Fraud Software 100

FICO

APRIL 27, 2016

900 risk managers, fraud managers, marketers, debt managers, IT strategists, analytic scientists and other business professionals from 45 countries are in Washington, DC to take part in FICO World 2016, a four-day conference on analytics and decision management.

DC 40

DC Washington Video Conference 40

PYMNTS

JULY 3, 2017

The Rise of CNP Fraud. In October 2016, nearly 200 individuals were arrested as part of a major international sting. Forty-three countries, 75 airlines and eight online travel agencies were involved in the fraud. billion USD) every year as a result of card-not-present (CNP) online fraudulent ticket purchases.

Online 112

Online Payments Fraud Cards 112

PYMNTS

FEBRUARY 9, 2017

E, and absent Reg E, they had no mechanism to deal with customer allegations of fraud or error. This is the key difference in the 2016 proposal versus the early 90s version. Since the 2016 Payments conference, Stone said that his bank has been “enhancing our risk management capabilities associated with ACH processing.

Security 100

Security Risk Management Conference Industry 100

Celent Banking

APRIL 18, 2016

Please join me on Thursday, April 21st at noon EST for an overview of the 2016 edition of our Top Trends in Corporate Banking report, which was published in March. Despite this investment, corporate banking has lagged in terms of adoption of innovative technologies.

Trends 100

Trends Innovation Fraud Meeting 100

PYMNTS

NOVEMBER 28, 2018

The contention is that transactions worth an estimated $225 billion, from 2007 and 2016, may have been used as part of criminal money laundering. The charges also involve the bank not integrating the Estonia branch with its risk management and control systems. The charges are related to the bank’s branch in Estonia.

Risk Management 108

Risk Management Training Regional Report 108

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management.

Cyber Security 70

Cyber Security Management Security Risk Management 70

PYMNTS

OCTOBER 10, 2016

Whether it’s getting paid by corporate buyers with the sluggish paper check or facing the stamp of rejection on a bank loan application, SMEs aren’t in the easiest of spots to invest in new technology and human capital as the final quarter of 2016 commences.

Big Data 100

Big Data Analytics Data Survey 100

NCR

AUGUST 31, 2016

According to Microsoft’s 2016 “Global State of Multichannel Customer Service Report,” telephone (81%) is the top customer service channel that US customers use on a regular basis. Applying advanced analytics to call data is one of the best ways to detect and stop fraud in its tracks.

Fraud 65

Fraud Analytics Cards Mobile 65

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

Fintech Labs Insights

APRIL 27, 2016

Of the 15 first place prizes awarded this month in the 2016 Fintech Innovation Awards , five went to Finovate/FinDEVr alums. ” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015. ” Innovation in Cyber Security / Anti-Fraud: Global Gateway by Trulioo – FinovateFall 2015.

Innovation 12

Innovation Fintech San Jose Cyber Security 12

PYMNTS

SEPTEMBER 26, 2016

That’s according to Capgemini and BNP Paribas, which recently released new research through the 2016 World Payments Report (WPR). Global digital payment volume is slated to hit a new high this year of 426.3 billion transactions. Paris-headquarterd Capgemini, a consulting and technology firm, has headlined the report for the past 12 years.

Report 100

Report Payments blockchain Security 100

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. Growth in Application Fraud Scoring Solutions. For example: fraud at the point of origination has grown substantially over those same past few years.

Trends 63

Trends Fraud Data National 63

PYMNTS

APRIL 5, 2016

Federal Reserve Bank of Boston President Eric Rosengren delivered a speech yesterday (April 4) at the bank’s 2016 Cybersecurity Conference highlighting the economic and cyber risks financial institutions are facing today.

Boston 100

Boston Fintech Innovation Conference 100

BankUnderground

JUNE 25, 2020

There is a global market for these vendors, and a wide range of functions are provided, especially back-office functions such as HR and accounting services, as well as specialised risk management and product development activities. Risks from barriers to cross-border flows of financial data.

Data 105

Data Big Data Regulation Risk Management 105

PYMNTS

MARCH 19, 2018

These tactics cast a wide net of fraud over the fleet card industry – from issuers and acquirers to fleet managers, employers and employees themselves. Goldspink recently told PYMNTS that fleet card-related fraud goes far beyond skimmers at the POS.

Fraud 153

Fraud Cards eBook Data 153

NCR

AUGUST 10, 2017

million in 2016 to US$38.8 In September 2016, only 12 percent of people held this view. billion by 2025. Research has suggested that, among some consumers, the appetite is already there for IoT and AI to play a bigger role in commerce and payments. Could digital wallets reinvent the customer experience?

Industry 75

Industry Retail Innovation Payments 75

PYMNTS

JULY 5, 2017

Fraud is like gluten. Most organizations have resigned themselves to the fact that, despite their defenses, fraud is just a part of doing business. But fraud costs an average of 7.5 But alongside all of that opportunity comes risk of fraud.”. It’s in almost everything, and it often goes completely unnoticed.

Fraud 161

Fraud Survey Retail Resources 161

PYMNTS

SEPTEMBER 23, 2016

Cyber Risk Survey Report for 2016 revealed that, while awareness of cyber risk among U.K.-based based risk and financial professionals is up, the true understanding of these risks and possible costs tied to cyberattacks still has a long way to go. When Awareness Isn’t Enough.

Security 100

Security Survey Risk Management Management 100

FICO

MARCH 31, 2016

As FICO’s premiere client conference, FICO World 2016 , heads to the nation’s capital at the end of next month, it is not surprising that regulatory compliance strategies and solutions will be a hot topic of discussion. Financial crime poses one of the most significant threats to financial institutions.

Compliance 40

Compliance DC Washington Regulation 40

FICO

DECEMBER 21, 2016

Just as in adjacent spaces — fraud, cybersecurity — analytics help investigators pick the most suspicious activities based on study of a wide range of factors. In September 2016, new leaks exposed the people connected to a whopping 175,000 Bahamian companies registered between 1990 and 2016. We expect that to change.

Compliance 40

Compliance Analytics Taxes Groups 40

Fintech Labs Insights

FEBRUARY 17, 2016

We’re taking our FinDEVr developer showcase to New York on March 29 & 30, 2016. Mitek to combine its Mobile Verify solution with fraud prevention and risk management technology from IdentityMind Global. Register today. Developer news: The Personal Finance Operating System. of its NoSQL database. Wallaby’s Chrome 2.0

San Francisco 12

San Francisco New York Risk Management Fraud 12

NCR

DECEMBER 7, 2016

Royal Bank of Scotland will start using it for online communication from December 2016. ” Fighting fraud with machine learning. Machine learning has many potential applications in the financial services industry – in areas such as risk management, evaluating creditworthiness and product targeting, for example.

Innovation 40

Innovation Cyber Security Fraud Industry 40

Fintech Labs Insights

MAY 30, 2017

million in new capital , Swiss anti-fraud specialist NetGuardians now has more than $14 million in total funding. Pictured (left to right): NetGuardians Digital Marketing Manager Mine Fornerod and Regional Director for Asia, Eric Margaryan demonstrating FraudGuardian at FinovateAsia 2016. With an infusion of $8.7 (CHF

Fraud 15

Fraud Regional Risk Management Conference 15

FICO

JANUARY 24, 2018

In 2016, FICO was still a relatively new player in the cyber and enterprise security space. Barbican’s Cyber Business Group Leader, Graeme King, explained, “Risk and IT can be disconnected in respect of to cyber insurance. Advisen: Barbican Takes a Leadership Stance on Cybersecurity Insurance.

Conference 55

Conference Customer Experience Maine Exercises 55

Fintech Labs Insights

DECEMBER 20, 2016

And once a company is able to tell good users from bad, he said, “all the other technological attacks that are available, such as identity theft, account takeover, new account fraud … become very easy to deal within this framework.”

Security 12

Security Fraud Risk Management Technology 12

PYMNTS

JUNE 26, 2020

In 2016, Wirecard announced its partnership with Visa Europe Collab to provide its technology and banking solutions. The deal provided global FinTech startups with access to services from banking to software and payment solutions, risk management and card issuing from a single source. billion that may not exist.

Risk Management 254

Risk Management Fraud System Cards 254