PYMNTS

MARCH 21, 2019

households and companies increased 16 percent in 2018, according to new data. The uptick in fraud comes as banks wrestle with fighting data breaches, some of which are high-profile and are shaking consumers’ confidence. UK Finance found that authorized or push payment fraud jumped 50 percent year over year.

Fraud 122

Fraud social media Data Report 122

PYMNTS

JANUARY 25, 2019

The General Data Protection Regulation (GDPR), which went into effect May of 2018, has had some serious repercussions on tech companies all over Europe, but especially in the U.K. In 2016, customers took to social media to complain about a similar thing.

Data 178

Data Security social media Fraud 178

PYMNTS

DECEMBER 31, 2018

According to the report, cybercrime touched nearly every sector throughout 2018, including those that may seem less obvious, like education or manufacturing — and for one obvious reason: the money. Facebook’s 2018 regarding the stewardship of user data and privacy was one it would like to soon forget. Department Store Hacks.

Data 230

Data Security Tools Cards 230

PYMNTS

JANUARY 21, 2019

Once the account fills up with V-bucks, it is then sold through a legitimate vendor like eBay, or on the dark web, for lower rates that the $10 for 1,000 gamers will get in the game or through an authorized online store. And an estimated 86 percent of the scams were shared via social media platforms such as Facebook, Instagram and Twitter.

social media 211

social media Cards Security Fraud 211

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The Rise of CNP Fraud. Consumer Protection.

Online 112

Online Payments Fraud Cards 112

PYMNTS

OCTOBER 29, 2018

There may come a day, a generation or two from now, when stories about the data breaches and other hacking threats faced by payments and commerce operators in 2018 seem quaint — or, at the least, like relatively primitive foreshadowing of a new type of digital criminality. It’s already happening, of course, albeit tentatively.

Fraud 176

Fraud Wisconsin Data social media 176

PYMNTS

JULY 16, 2019

Facebook has also partnered with Citizens Advice to form a specially trained team to assist those who have been targeted by online scams. including phishing websites, bank fraud and fake investments selling nonexistent commodities and shares of stock. The initiative is intended to increase awareness of financial scams in the U.K.,

Tools 108

Tools Report social media Training 108

PYMNTS

FEBRUARY 12, 2019

Romance scams are perpetuated by those who meet victims online and charm them over a period of time, gaining the trust and admiration of the target. The scammers work on dating apps and on social media. Then, they ask for money for something — maybe an emergency medical procedure, or a a ticket to come and visit in person.

social media 134

social media Meeting Cards Online 134

PYMNTS

AUGUST 22, 2018

22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers. In a press release , Fiserv said the two new solutions expand beyond knowledge-based consumer authentication that can be vulnerable to fraud. reached $5.1

Fraud 101

Fraud social media Knowledge Base Cards 101

PYMNTS

SEPTEMBER 11, 2018

Digital ID and authentication are always vital topics for payments and commerce — but now, given recent developments, including in social media, they have taken on new importance. Digital ID and authentication issues promise to gain even more currency as social media habits shift in the coming years.

social media 100

social media Fraud Security Online 100

PYMNTS

MARCH 22, 2020

” The lawsuit was originally filed by a small business owner in 2018. The complaint said Facebook’s actions were “deliberate and misleading,” and as of March 3, the social media site still hadn’t removed the fake and duplicate accounts from the ad metric calculations.

social media 141

social media Meeting Report Operations 141

PYMNTS

SEPTEMBER 11, 2019

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. Fraud Trends. billion in 2018. Fraud Crackdown. It’s gone,” the report stated.

Fraud 163

Fraud social media Cards Bitcoin 163

PYMNTS

AUGUST 13, 2019

The Securities and Exchange Commission (SEC) has announced fraud charges against a Brooklyn individual and two of his entities who allegedly engaged in a fraudulent scheme to sell digital securities to investors and to manipulate the market for those securities. million the defendants raised in 2017 and 2018.

Operations 115

Operations social media Bitcoin Security 115

PYMNTS

SEPTEMBER 7, 2018

Call it the Great Trade-Off, perhaps: Consumers give up data to online merchants and marketers in exchange for free services, targeted offers, discounts and other benefits. An ideal in online trust is what Aygen called “augmented reality,” which means “human brain power added to the power of a machine.”. Trust Evolution. Machine Help.

Data 101

Data social media Fraud Online 101

PYMNTS

DECEMBER 19, 2018

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

Data 127

Data social media New York Apple 127

PYMNTS

JUNE 19, 2020

It has seized more than 2,000 products over the past three years and has carried out anti-counterfeit activity on online platforms. That’s led to the removal of more than 7,000 listings on several marketplaces, more than 360 websites and over 1,000 social media accounts. As a result of its efforts, 99.9%

social media 181

social media United States Branding National 181

PYMNTS

FEBRUARY 20, 2019

19), Mastercard announced the launch of its Cybersecurity Toolkit for SMBs, an online resource developed in partnership with the Global Cyber Alliance (GCA) that provides entrepreneurs and business executives with guidance and tools to address the threat of cyberattacks on their companies. In a press release on Tuesday (Feb.

Resources 140

Resources social media Tools Policies 140

PYMNTS

NOVEMBER 22, 2019

People don’t know what’s true and what’s not, and what to believe,” he noted, adding that instead of uniting people, technology — like social media — is “splintering” them. Lawyer George Isaacson argued Wayfair’s side in the landmark 2018 South Dakota v. What we’ve seen is that fraud has gone mainstream,” Naumann said.

South Dakota 101

South Dakota Apple Taxes Cards 101

PYMNTS

JUNE 13, 2019

Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data.

Security 129

Security blockchain San Francisco United States 129

PYMNTS

AUGUST 7, 2019

If you clicked or viewed an advertisement for a mobile application and subsequently interacted with the mobile application since May 2018, we may have shared certain data (e.g., The company said it found bugs that may have shared user information with advertisers even when users asked it not to do so. “If

Data 122

Data social media Mobile US 122

PYMNTS

AUGUST 9, 2018

In fact, email and online services accounted for 26 percent of phishing attacks last year, overtaking financial institutions (21 percent) as the top phishing target, the company said. Other figures from the first quarter of 2018 show that 299 brands suffered phishing attacks during that period, up about 15 percent quarter over quarter.

Survey 111

Survey social media Online Data 111

PYMNTS

NOVEMBER 20, 2017

Peeling back the onion to sift through the layers of social media, watchdog websites and legal databases, the questionable actors who Hennessy said “may not be operating at the surface level” start to reveal themselves. Even as online complaints mounted, indifferent processors and banks continued to allow fraud.

social media 124

social media Examples Regulation Management 124

PYMNTS

MAY 6, 2019

And, according to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target. billion per year to fake online sales. But, the report noted, social media – with its reliance on navigation tools like hashtags – provides an easier environment for counterfeiters to hide openly.

social media 123

social media Branding Survey Report 123

PYMNTS

JANUARY 31, 2020

Even customer behavioral analysis can fall short of sensing some thieves, according to Doug Clare, vice president of fraud product management at the consumer credit score, analytics software and fraud detection platform provider FICO. The social media platform released its fourth-quarter earnings and full-year 2019 financials on Jan.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

OCTOBER 6, 2018

We’re not sure whether the world needed a fifth version of A Star is Born or the 2018 edition of the Furby , but we have them both and early views bode well for both. Social media channels, particularly the photo-based Instagram, are excellent places for celebrities to connect with their fans — and show off their stuff.

Los Angeles 148

Los Angeles social media Trends Report 148

PYMNTS

JANUARY 28, 2019

Once the account fills up with V-bucks, it is then sold through a legitimate vendor like eBay, or on the dark web, for lower rates than the $10 for 1,000 gamers will get in the game or through an authorized online store. And an estimated 86 percent of the scams were shared via social media platforms such as Facebook, Instagram and Twitter.

Video 128

Video Data Google Cards 128

Cisco

MAY 29, 2019

Features such as end-to-end online account opening and simple, secure ID verification tell customers “we see you, and we value your time.” Retail Banking Satisfaction StudySM, “declining satisfaction in the areas of problem resolution and telephone customer service offset the gain [in satisfaction scores from 2018].

Customer Experience 72

Customer Experience Retail San Diego Study 72

Cisco

MAY 29, 2019

Features such as end-to-end online account opening and simple, secure ID verification tell customers “we see you, and we value your time.” Retail Banking Satisfaction StudySM, “declining satisfaction in the areas of problem resolution and telephone customer service offset the gain [in satisfaction scores from 2018].

Customer Experience 48

Customer Experience Retail San Diego Study 48

Fintech Labs Insights

JUNE 30, 2020

iProov Product : Biometric online authentication. Note : Nov 2018 pitch at Fintech Innovation Lab As ia, Finovate demo video not available. Arkose Labs ( Finovate , Crunchbase ) Product : Anti-fraud technology. Invest Sou Sou Product : Social banking platform. Sonect Product : Global cash transaction platform.

Fintech 15

Fintech Video San Francisco social media 15

Fintech Labs Insights

DECEMBER 10, 2020

iProov Product : Biometric online authentication. . . Note : Nov 2018 pitch at Fintech Innovation Lab As ia, Finovate demo video not available. Arkose Labs ( Finovate , Crunchbase ) Product : Anti-fraud technology. . . Invest Sou Sou Product : Social banking platform. . . . Finovate MiddleEast (Nov 2019).

Fintech 15

Fintech Video San Francisco social media 15

Fintech Labs Insights

DECEMBER 10, 2020

iProov Product : Biometric online authentication. . . Note : Nov 2018 pitch at Fintech Innovation Lab As ia, Finovate demo video not available. Arkose Labs ( Finovate , Crunchbase ) Product : Anti-fraud technology. . . Invest Sou Sou Product : Social banking platform. . . . Finovate MiddleEast (Nov 2019).

Fintech 15

Fintech Video San Francisco social media 15

Fintech Labs Insights

SEPTEMBER 25, 2020

iProov Product : Biometric online authentication. Note : Nov 2018 pitch at Fintech Innovation Lab As ia, Finovate demo video not available. Arkose Labs ( Finovate , Crunchbase ) Product : Anti-fraud technology. Invest Sou Sou Product : Social banking platform. Sonect Product : Global cash transaction platform.

Fintech 12

Fintech Video San Francisco social media 12

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. With much banking moving online or to smartphones, interactions with customers can be less frequent. Use social media to build trust. Focus on community.

Community 139

Community Community Bank social media Security 139

PYMNTS

JULY 5, 2019

The interview comes at a time of significantly increased focus on digital ID and a deeper appreciation for its role in the next wave of online commerce and payments — one that promises in the 2020s to be even more global, more focused on marketplaces of all types, and more robust when it comes to seamless, secure consumer experiences.

Innovation 156

Innovation social media Data Security 156

PYMNTS

MARCH 31, 2020

legislators in several states are either drafting, voting on or have passed requirements to tackle online data’s and transactions’ importance, but these laws often do not integrate well with those passed in neighboring states. The COVID-19 pandemic has led to a jump in online payments versus those made in stores, for example.

Regulation 154

Regulation Data US Washington 154

William Mills

MAY 9, 2018

Welcome to FinovateSpring 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. Info: Covered Security acts as a personal security assistant looking out for your online life. Brian Milas.

Security 40

Security Samsung Strategy San Jose 40

NCR

DECEMBER 4, 2017

The EU’s revised Payment Services Directive (PSD2) – one of the key drivers of the transition to open banking – will come into full effect on January 13 th 2018. From a security perspective, APIs could facilitate the sharing of transaction and account data with third-party fraud detectors.

social media 75

social media Data Industry Technology 75