PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. Implementing a layered anti-fraud approach that utilizes several technologies could help protect against bad actors looking for vulnerabilities. Reducing network demands, the technology works even if cloud connection is lost. Retail Trust and AI. Grocery AI.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

OCTOBER 30, 2020

billion of these payments in 2018 alone for a total of $97.04 Automated compliance systems can help FI staff ensure that their AML and KYC compliance is up to code, as these systems can perform thousands of security checks in the time it takes a human staffer to handle just a few. consumer purchases made with cash.

Operations 228

Operations Payments Compliance System 228

PYMNTS

JANUARY 30, 2018

No one truly knows exactly where and how blockchain technology will make the greatest impact. Regardless of where blockchain makes its mark, what is certain is that corporates have to trust that a largely unfamiliar innovation will work the way it should; that means securely, efficiently and easily.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. Financial services providers must run tight ships when offering mobile services, and various techniques can help keep them secure.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

JANUARY 16, 2020

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. It’s all in the name of siphoning company cash from accounts payable operations, and experts say the threat will continue to increase.

Security 111

Security Strategy Payments Examples 111

Insights on Business

FEBRUARY 7, 2018

Now, more than ever, the marriage between technology and finance is apparent. Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. We can’t wait to see what is in store for the financial and banking industry at Think 2018.

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Las Vegas blockchain NV Conference 111

PYMNTS

FEBRUARY 25, 2019

Coverage includes Hong Kong-based Tappy Technologies ‘ collaboration with the Timex Group. Tappy Technologies, a solution provider for wearables and digital payments based in Hong Kong, is teaming up with Timex Group, the companies said in an announcement.

Technology 122

Technology Payments Groups Fintech 122

PYMNTS

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. According to reports in Cointelegraph this week, payments technology firm Mastercard filed a patent related to real-time payments using blockchain technology. Reports said the filing, dated Nov.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

AUGUST 21, 2020

It had a net loss of $580 million, roughly equivalent to its loss in 2018, while costs were slightly above $1 billion. The Times garnered the documents, which provide an in-depth view into the firm’s operations as well as accounting. Its technology is meant to assist in examining information.

Report 250

Report United States New York Big Data 250

PYMNTS

JUNE 10, 2020

This has increased the need for FIs to develop convenient mobile onboarding experiences, but those that lack confidence in their ability to secure such channels appear to be reluctant to offer them. A 2018 study found that more than 50 percent of U.K. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

PYMNTS

AUGUST 24, 2017

FitPay is working to enable and secure contactless payments made on any connected device. Earlier this year, FitPay joined forces with security technology company NXT-ID in an effort to build out a more comprehensive Internet of Things (IoT) platform. Security throughout the IoT arena is a topic that’s continually being refined.

Security 103

Security Samsung Payments Apple 103

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 98

Conference Regional Examples Payments 98

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The bank is working with technology giants Google and Microsoft to create new cloud-based tools that will use their cloud computing software.

Digital Banking 262

Digital Banking Security Innovation Google 262

CB Insights

DECEMBER 19, 2017

As 2017 draws to a close, the trends and innovations that will shape the technology industry over the coming weeks, months and years were brought into sharper focus over the course of the last twelve months. Looking to the new year however, which trends will come to define our industry in 2018 and beyond? Shift towards micro-services.

Technology 35

Technology Security Trends Industry 35

Insights on Business

MAY 25, 2018

Core to the discussion was how we build platforms: how we make fundamental shifts in our technology, processes, people and ultimately our markets to deliver better customer experiences, build skilled workforces, and solve industry-wide challenges. — IBM FinTech (@IBMFinTech) May 22, 2018. . You wouldn’t even consider paperwork.

Technology 93

Technology Training Customer Experience blockchain 93

PYMNTS

JANUARY 30, 2020

million and was acquired by FTD in 2018. . This financing will enable us to fully realize our vision to create a global network of top-quality farms paired with a category-defining local floral brand enabled by proprietary supply chain technology and vertically integrated sourcing capabilities.

Security 130

Security Washington Branding California 130

PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept. As hybrid cloud strategies become more popular, this vulnerability is further exacerbated.

Data 232

Data Security ATM Tools 232

PYMNTS

JANUARY 8, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. The move also aims to expand Rockwell’s expertise in information technology and operational technology (IT/OT) cybersecurity services.

Las Vegas 132

Las Vegas Milwaukee Security New York 132

PYMNTS

JULY 5, 2020

In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. billion funding round for Tokopedia. “We

Google 264

Google Regional Retail Groups 264

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

Security 130

Security Fraud blockchain Cards 130

Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. We immediately contained the suspicious activity and the business is operating normally. Krebs said the attackers have said they plan to publish more in the coming days.

Online 226

Online Data Columbus Cards 226

PYMNTS

MAY 18, 2020

JCB, one of the biggest credit card operator in Japan, has also worked with blockchain before, partnering with U.S.-based The bank is now also working with Singapore-based Keychain, on a project intended to boost security for next-generation payment systems by using enterprise blockchain. billion in fiscal year 2018.

blockchain 287

blockchain System Payments cryptocurrency 287

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. 5) said InfraRisk will integrate its cloud-based Credit Value Maximiser (CVX) technology into Judo’s infrastructure.

Lending 131

Lending Analytics Compliance Fintech 131

Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Using IBM QRadar Advisor with Watson, Cargills Bank Ltd.

Conference 70

Conference Regional Examples Payments 70

PYMNTS

NOVEMBER 2, 2020

In 2018, the Postal Service piloted the FBI partership program at two post offices in Washington, D.C. Postal Service, said that the post office is getting a new technology solution for its fingerprinting program in fiscal 2022 and plans to get Impact Level 2 (IL-2) certification, according to the report. billion in revenue.

US 191

US Washington Report Policies 191

PYMNTS

JUNE 4, 2018

Digital is turning us into freelance workers whose worries about healthcare costs could finally help drive down those prices, and whose online purchasing seems increasingly likely to be influenced by Alibaba and other China-based operations. on-demand workforce will increase 23 percent year over year in 2018, with some 6.8

Google 110

Google United States Trends Data 110

PYMNTS

JANUARY 14, 2020

The report is based on a survey of more than 500 financial executives at firms from numerous sectors, including professional services, construction, retail and technology. One of the factors behind this may be financial leaders’ rising expectations for how payment systems should operate. percent in 2018. Indeed, 85.3

Data 134

Data Payments Fraud System 134

PYMNTS

FEBRUARY 6, 2020

technology by “any means necessary” and that there are about 1,000 related investigations currently ongoing in the country, through its 56 regional offices, according to a report by Reuters. . based technology in all 56 of our field offices and spanning just about every industry sector,” Wray said. William Evanina, a senior U.S.

United States 151

United States US National Fraud 151

PYMNTS

JUNE 22, 2020

Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. percent of total revenues) in fiscal 2018, representing a 64.7

North Carolina 150

North Carolina Capital Software Security 150

PYMNTS

FEBRUARY 6, 2020

Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods.

Illinois 167

Illinois Chicago Cards Payments 167

CB Insights

MARCH 20, 2019

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). Duo Security.

Company 70

Company San Francisco Capital Software 70

FICO

JULY 13, 2020

Two months ago, I posted about why it is important for collections operations to adopt a forward-looking approach to debt management – basically the importance of having a clear and compelling vision. New guidelines from the FCA that call for operational resilience in collections reinforce this point. The Expectation for Resilience.

Meeting 52

Meeting Operations Customer Experience Technology 52

PYMNTS

NOVEMBER 26, 2019

Amazon is no stranger to privacy issues, and recently f ive senators wrote a letter to Amazon CEO Jeff Bezos, asking him to explain how security surveillance company Ring uses peoples’ data and videos. They asked whether the technology could be accessed by foreign entities and whether the technology posed a risk to national security.

Delaware 140

Delaware Oregon Maryland Video 140

PYMNTS

MARCH 26, 2019

The industry indeed proved to be lucrative for FinTechs, with alternative lending often landing at the top of venture capital investment reports with giants like Kabbage , OnDeck and LendingClub securing an early lead in the industry. Remarks made in 2017 from BlueVine CEO Eyal Lifshitz hinted at this emerging trend.

Lending 190

Lending Capital Fintech Security 190

PYMNTS

AUGUST 10, 2020

Three out of four American consumers are now interacting with gaming platforms, spending up to 14 hours a week on them — up from 12 hours in 2018. With this kind of digital nastiness afoot, game platforms and their payments and technology partners are beefing up security in the space, keeping winners and losers on-screen only.

Fraud 142

Fraud Online Security System 142