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

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

BankUnderground

JUNE 25, 2020

First, global financial services firms maintain central hubs for storing and analysing data generated by their cross-country operations. They maintain data centres in these hubs in order to store and process it in a consistent and secure way, and have it analysed by specialist teams. 15 of this report ).

Data 110

Data Big Data Regulation Risk Management 110

PYMNTS

SEPTEMBER 30, 2016

And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Find out who else secured funding below. Expense Management. Enterprise Security. Treasury Management. Blockchain.

Capital 100

Capital blockchain Management Lending 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

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

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. However, this rapid evolution generates risks,” Rosengren said.

Boston 100

Boston Fintech Innovation Conference 100

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

PYMNTS

FEBRUARY 14, 2018

percent from 2016 to 2021. 2017 was the year of experimentation as enterprises realized both the benefits and challenges of blockchain,” said IDC Customer Insights and Analysis Research Manager Stacey Soohoo in a statement, according to Cryptovest reports this week. Spending on blockchain technologies will ramp up to $9.2

blockchain 111

blockchain Compliance Mobile Technology 111

PYMNTS

MARCH 3, 2017

In those cases, there is change that is incorporated into existing infrastructure that already has scale, security and ubiquity in place as distinct advantages for firms to embrace more efficient payment methods. Some banks have updated operations to be ready for debits, while they also readied for Same Day ACH credits.

Payments 100

Payments Innovation System Risk Management 100

FICO

JUNE 30, 2016

The final CECL standard was issued on June 17, 2016. It will be effective in 2020 for Securities and Exchange Commission registrants, and in 2021 for all others. Another lesson learned from the financial crisis was that bank’s IT and data architecture were inadequate to support the management of broad financial risks.

Compliance 45

Compliance Management Data Risk Management 45

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. Advanced analytics enable organizations to make decisions about how to handle each suspected or confirmed fraudster based on detailed records.

Fraud 65

Fraud Analytics Cards Mobile 65

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

JANUARY 24, 2018

At Advisen, our team was again on hand to showcase the FICO® Enterprise Security Score (ESS), and what a difference a year makes! In 2016, FICO was still a relatively new player in the cyber and enterprise security space. FICO ESS is a powerful risk mitigation tool. I absolutely agree.

Conference 55

Conference Customer Experience Maine Exercises 55

FICO

MAY 22, 2017

That said, in reading the text of the order, I was struck by the broad alignment of its goals and directives with the goals, use cases, and specific capabilities that we’ve enabled with the FICO Enterprise Security Score (ESS). The order is relatively short, with three operational sections.

Security 45

Security Cyber Security Guidelines Tools 45

CB Insights

MARCH 27, 2019

Read our future of data security report for more on this topic. ). It comes as no surprise, then, that big tech players like Facebook, Amazon, Microsoft, Google, and Apple (FAMGA) are investing heavily in data security — especially as several have fallen victim to data breaches themselves.

Google 76

Google Apple Security Data 76

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). And, by the way, without missing a beat. Award for Who’s Buying the Champagne?

Idaho 174

Idaho Community Industry Strategy 174

CB Insights

DECEMBER 5, 2017

These include wireless home monitoring startup Notion (XL Innovate, Liberty Mutual Strategic Ventures), on-demand homeshare insurance startup Slice Labs (XL Innovate, Munich Re/HSB Ventures), virtual auto claims operations firm Snapsheet (USAA, Liberty Mutual), and contract-related insurance startup Bunker (American Family Ventures, Hiscox).

Strategy 28

Strategy Marketing Analytics Innovation 28

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

NCR

DECEMBER 7, 2016

These innovations are already changing how the industry operates and how businesses engage with their customers, and are only set to become more important in the years to come. Royal Bank of Scotland will start using it for online communication from December 2016.

Innovation 40

Innovation Cyber Security Fraud Industry 40

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. I tend to focus on the business models around identity, but I’m sure there are others in big data, analytics, risk management and so on. But I didn’t have time to stay and chat because I was off to the theatre.

blockchain 52

blockchain United States Payments social media 52

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. I tend to focus on the business models around identity, but I’m sure there are others in big data, analytics, risk management and so on. But I didn’t have time to stay and chat because I was off to the theatre.

blockchain 46

blockchain United States social media Fintech 46

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

PYMNTS

DECEMBER 10, 2019

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. Whenever a new thing in security comes along, they come out and see if they can beat it. Does the name provided go with the Social Security number ?

Fraud 158

Fraud System Data Tools 158

Lex Sokolin

DECEMBER 25, 2019

Other things like Compound are essentially a securities lending marketplace?—?you Having interest rates native to the crypto economy is very helpful, but we are still shy of lending based on actual underwriting and off-chain risk. operated, or maybe audited and controlled, by the US government. Is that likely? That is to say?—?governments

blockchain 52

blockchain Bitcoin Software Lending 52

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

JULY 5, 2017

While fraud and risk managers are certainly tasked with handling these issues, they ultimately report to the CFO, said Byrnes. The survey found one of the most destructive attitudes was the perception that fighting risk and fraud is a single-point enterprise. It’s worth noting that most had changed their minds by the end of it.

Fraud 161

Fraud Survey Retail Resources 161

Abrigo

MARCH 12, 2021

It's also beneficial for helping management secure buy-in from key operations involved in the transition. Unified buy-in across the institution is critical,” says Regan Camp, Abrigo’s Managing Director of Advisory Services. Portfolio Risk & CECL. Portfolio Risk & CECL. Solidify Support. Learn More.

Resources 195

Resources Management Capital Meeting 195

William Mills

MAY 9, 2018

Presenter Profile: How they describe themselves: AI Foundry uses AI and user-guided machine learning to transform enterprise operations by integrating information, people and processes. Covered Security , coveredsecurity.com @CoveredSecurity. Good job AI Foundry! Demo video will be available soon. Presenters: Chris Zannetos.

Security 40

Security Samsung Strategy San Jose 40

CB Insights

OCTOBER 6, 2017

Early-stage food-preparation startups using robotics and AI are proliferating, and operating in both B2B and B2C models. It reported an $84M increase in US consumer robot revenue in 2016 compared to the previous year. Robot-run warehouses are already in operation. 3D printing saw a resurgence of interest in 2016.

Software 69

Software Industry Retail United States 69

CB Insights

OCTOBER 4, 2018

This summer, Reuters reported that in 5 years, tech services (including online risk management and fraud prevention for financial institutions) will make up 65% of Ant’s revenue, compared to 34% in 2017. In 2014, Tencent created the WeChat Red Envelope feature, followed by Alipay’s launch during the 2016 Chinese New Year.

US 78

US Fintech Mobile Regulation 78

CB Insights

APRIL 7, 2018

Lights-out manufacturing refers to factories that operate autonomously and require no human presence. Famously, the Japanese robotics maker FANUC has been operating a “lights-out” factory since 2001, where robots are building other robots completely unsupervised for nearly a month at a time. But with the complexity comes opportunity.”.

Technology 78

Technology blockchain Industry Software 78

CFPB Monitor

JUNE 18, 2019

Even after an acquisition that resulted in the addition of Indianapolis-Marion County to its assessment area, the bank allegedly failed to open or operate a bank branch in any of the county’s majority-Black census tracts. The DOJ also claimed that the bank failed to meaningfully advertise in such census tracts.

Indianapolis 120

Indianapolis Lending Indiana Community 120