FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).

Fraud 52

Fraud Technology social media Innovation 52

FICO

MARCH 30, 2023

This got me thinking about how the seemingly innocuous shift to digital is impacting things on a macro level. Both from a cash and a fraud perspective, my curiosity was piqued, and I fell down the rabbit hole to learn more. The ATM population peaked at around 470,000 total devices in 2019 , but dropped to 456,000 in 2022.

Fraud 52

Fraud ATM South Carolina Management 52

FICO

DECEMBER 13, 2022

Biometric Security Crucial for Fraud Protection and CX. Because customers value ease of use and good fraud protection most, FIs must balance scam protection with making things easy for good customers – but not TOO easy. Tue, 07/02/2019 - 02:45. How FICO Can Help You Fight Application Fraud. FICO Admin.

Fraud 52

Fraud Security Survey Customer Experience 52

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

Insights on Business

FEBRUARY 10, 2019

Welcome to Think 2019 in San Francisco, CA! Download the NEW IBM Events app for Think 2019. See the full Think 2019 conference guide. –> Explore IBM Banking and Financial Markets Solutions. 9:30 AM – 10:10 AM | Session ID: 6925A and 7504B Digitizing the Flow of Goods, Information and Money with Blockchain.

San Francisco 79

San Francisco blockchain Conference Video 79

PYMNTS

JANUARY 30, 2020

In today’s top news, Facebook reports a 51 percent increase in expenses for 2019 in its Q4 earnings release, Goldman focuses on expanding its digital consumer bank and Airbnb hires former Disney President Catherine Powell to head its Experiences division. Facebook Expenses Rise 51 Pct as Regulatory Pressure Increases.

social media 141

social media Payments ATM Fraud 141

PYMNTS

JANUARY 27, 2021

This increased digital presence also brings a greater risk of digital fraud, however. Banks have reported myriad fraud threats over the past year, including various forms of identity fraud and bot activity, and are working overtime to develop countermeasures. The Fraud Threats Facing Digital-First Banks.

Security 213

Security Innovation Fraud Study 213

FICO

FEBRUARY 2, 2022

Following the highly successful The 11 Commandments of Digital Banking eBook , we are kicking off a series of 5 deeper dive blog posts that group the 11 commandments below into common themes. Digital lift-and-shift is not a strategy! Banks must find ways to be personable in these impersonal channels. Respect the data.

Customer Experience 52

Customer Experience Digital Banking Video eBook 52

FICO

JANUARY 10, 2023

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. In a year that saw the word "scamdemic" coined, scams such as authorised push payment fraud were top of mind, along with various other fraud schemes. Tue, 07/02/2019 - 02:45. Few things change faster in the financial services space than fraud trends.

Fraud 52

Fraud Cards Analytics Oakland 52

Insights on Business

JANUARY 28, 2019

transform to become more agile, more digital and more customer-centric. fight fraud more efficiently and accurately. Backbase is the leading solution provider in digital banking and a strategic alliance partner of IBM. 6078 : IBM Counter Fraud Implementation to Address Financial Payments Challenges.

San Francisco 87

San Francisco Analytics Albuquerque Security 87

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. Mobile, online and phone channels all have distinct fraud challenges and customer needs. The Cost of Compliance.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

NOVEMBER 19, 2020

The space has added 107 million members over the past decade, with 17 million joining just in 2019. CU members stand to benefit greatly from such solutions, as the study reported that 51 percent them of them have had their identities stolen and 68 percent have been targeted by debit or credit card fraud.

Alabama 228

Alabama Meeting Fraud Trends 228

PYMNTS

MARCH 2, 2020

million individual and business members in 2019. They were not alone in 2019, a year when cybertheft records were set. That sounds ominous because it is, and CUs that don’t take identity fraud and cybertheft super seriously face losing more than what hackers steal.

California 130

California Fraud Pennsylvania Community 130

Javelin Strategy & Research

FEBRUARY 1, 2022

2022 Cyber-Trust in Banking Scorecard Javelin Report Date: September 27, 2022 Authors: Suzanne Sando , Alexander Franks Research Topic(s): Cybersecurity , Fraud & Security For consumers to trust their financial institutions, their expectations need to be met and exceeded. Bank of America ranked as “Best in Class” over 20 top U.S.

Report 40

Report Digital Banking Fraud Mobile 40

PYMNTS

SEPTEMBER 22, 2020

Consumers moved to digital banking in droves during the early months of the COVID-19 pandemic — it appears they are not moving back. Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice.

Compliance 191

Compliance Digital Banking Security Online 191

FICO

JANUARY 4, 2023

Despite Rapid Adoption of Digital Channels, Customer Trust Lags. FICO global survey finds customers want better fraud protection and more security from their digital banking channels. Tue, 07/02/2019 - 02:45. Accounts via Digital, Loans Not as Much. Digital Considered Less Secure. FICO Admin.

Fraud 52

Fraud Survey Security Digital Banking 52

Cisco

APRIL 7, 2019

What isn’t always so clear, however, is what trends matter most and where banks should focus their attention to stay head of the curve. We’ve identified the top 4 trends that banks can’t ignore in 2019. #1. Mobile-first banking is an immediate driver of digital strategy. Consumers crave a customized experience.

Trends 64

Trends Cyber Security Big Data Analytics 64

PYMNTS

JUNE 8, 2020

The group managed to get $12 million from 2,000 investors, Coindesk reports. But the defendants allegedly ceased paying out investors in November 2019 while still raising funds well into 2020. The purchase, according to the IRS document, would be useful to help keep ahead of crimes related to cryptocurrency and digital banking.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

Gonzobanker

JUNE 7, 2023

The launch of Charlie points to an underserved niche in banking: older adults. In mid-May, a digital bank account for the 62+ crowd debuted in the United States. It’s only a matter of time for retirees to get a rewrite of digital banking. Already, older generations are using mobile banking and it’s on the rise.

Los Angeles 133

Los Angeles Fintech Digital Banking Tools 133

PYMNTS

SEPTEMBER 28, 2020

The FinTech ecosystem within Saudi Arabia has been expanding steadily over the past decade, for example, with more than 60 FinTechs now operating, compared to the 20 companies operating within the country in 2019. The aim of doing so is to create a more robust framework for digital banking.

Online 151

Online Report Payments Regulation 151

Cisco

APRIL 7, 2019

What isn’t always so clear, however, is what trends matter most and where banks should focus their attention to stay head of the curve. We’ve identified the top 4 trends that banks can’t ignore in 2019. #1. Mobile-first banking is an immediate driver of digital strategy. Consumers crave a customized experience.

Trends 48

Trends Cyber Security Big Data Analytics 48

PYMNTS

DECEMBER 28, 2018

Looking at the results of the CUs recently commissioned Eye on Payments study, consumers expect more heading into 2019, and meeting those expectations will be about more than advanced technology alone. Moreover, Lynch told PYMNTS, the fraud is coming across on all channels. So, they are just as covered by fraud liability.

Fraud 131

Fraud Mobile Security Cards 131

PYMNTS

NOVEMBER 17, 2020

Not only are many account holders visiting brick-and-mortar branches less often than they did before the pandemic, but many are also more reliant on digital banking channels — particularly mobile banking apps — than they have ever been. percent more likely to use mobile banking apps now than they were in 2019, and 51.1

UX 234

UX Mobile Data United States 234

PYMNTS

JUNE 14, 2019

Most consumers probably don’t have strong opinions about their banks, since the relationship tends to be more transactional than emotional. However, in the 2019 Retail Banking Report, a study by Reputation.com that analyzed online data relating to retail banking locations for 23 major U.S.

Retail 103

Retail Study Online Mobile 103

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. in the year to February 2019. Profitability.

Innovation 150

Innovation Metro Apple Marketing 150

Gonzobanker

OCTOBER 27, 2022

While there is no modification to requirements related to interchange fees, this change will negatively impact banks’ and credit unions’ payments revenue and, likely, increase their fraud-related costs. The pandemic helped accelerate consumers’ digital activity, and, as a result, CNP transaction volume has soared in the past two years.

Cards 78

Cards Fraud Regulation Trends 78

PYMNTS

DECEMBER 6, 2019

We have a deep dive into Colorado’s digital driver’s license effort and news on Alphabet’s new CEO, as well as data on millennial Black Friday spending. UK Digital Bank Monzo Taps Visa Exec as US CEO. Monzo , London’s digital unicorn, has appointed TS Anil to head U.S. Report: Crypto Fraud Losses Reach $4.4B

Millennials 101

Millennials Colorado Google Leadership 101

South State Correspondent

OCTOBER 28, 2022

While last year was dominated by crypto, this year, the themes were mainly around fraud and identity (both conferences). Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0,

Conference 195

Conference Technology Las Vegas Trends 195

Gonzobanker

FEBRUARY 20, 2021

GonzoBanker mothership Cornerstone Advisors’ recent What’s Going On In Banking 2021 research points to digital account opening being the top bank tech replacement priority in mid-size banks for the third year in a row. Digital banking providers answered the demand with digital account opening solutions.

Digital Banking 97

Digital Banking Lending ATM Atlanta 97

Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Paul Murphy, founder of Murphy & Co.

Fintech 195

Fintech Community Regional Technology 195

Cisco

MAY 29, 2019

Whether it occurs on a managed device in the branch or on a customer’s own mobile device at home, the account opening process itself, regardless of delivery channel, must be seamless, simple, and efficient. Power 2019 U.S. Customers will inevitably face data breaches, identity theft, and fraud. 2019 website.

Customer Experience 72

Customer Experience Retail San Diego Study 72

CB Insights

FEBRUARY 13, 2020

In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. In August 2019, the company closed out its Series F funding round from Sequoia, Andreessen Horowitz, and General Catalyst at a $35B valuation.

Online 98

Online Company Retail Payments 98

CB Insights

JULY 25, 2019

Download the free report to find out how fintech is shaping the future of wealth management and investing. Money management tools are helping people stay independent. Fintech cos are trying to prevent fraud. Estate planning gets a digital makeover. GET THE 81-PAGE q1 2019 FINTECH TRENDS REPORT. Source: Deloitte.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

JULY 18, 2018

Goldman Sachs has ramped up its investments in digital in recent months, amid heightened competition in online banking by rival investment firms. Apple is teaming up with Goldman Sachs to launch a new Apple-Pay-branded credit card by 2019, replacing Barclays , which has been Apple’s main partner on such initiatives.

Apple 100

Apple Conference Maine Lending 100

Gonzobanker

MAY 4, 2020

Here are a few of the recent deals (in no order) that caught my attention: MVB Financial/Paladin: MVB, a mid-size bank with a stated focus on serving fintechs, acquired Paladin, a specialty fraud prevention company with a suite for merchants, credit agencies, fintechs and vendors. SoFi/Galileo: This $1.2

Fintech 109

Fintech FDIC Capital Community Bank 109

Cisco

MAY 29, 2019

Whether it occurs on a managed device in the branch or on a customer’s own mobile device at home, the account opening process itself, regardless of delivery channel, must be seamless, simple, and efficient. Power 2019 U.S. Customers will inevitably face data breaches, identity theft, and fraud. 2019 website.

Customer Experience 48

Customer Experience Retail San Diego Study 48

FICO

NOVEMBER 1, 2022

Application Fraud – Does Canada Need a New Approach? FICO’s Fraud, Identity and Digital Banking Survey 2022 shows that customers in Canada want slick onboarding processes, where fraud controls work but don’t delay account opening. Tue, 07/02/2019 - 02:45. FICO Admin. by Fernando Lopez. per 100,000 in 2020.

Fraud 52

Fraud Survey Customer Experience Data 52