South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

DECEMBER 16, 2020

Clarity would also help issuers and merchants avoid the hundreds of millions of dollars in chargebacks that add to friction in commerce (and additional operating costs, of course). All said that clearing up the jargon and guesswork — while pinpointing real fraud — can go a long way toward improving digital commerce itself.

Retail 228

Retail Management Fraud Omaha 228

PYMNTS

JANUARY 13, 2020

As 2020 gets into full swing, artificial intelligence (AI) is in a peculiar position. You can bet on its arrival during the 2020s though — at least according to the message sent as part of the latest PYMNTS Masterclass with Brighterion , an AI-focused company owned by Mastercard. Take just a few data points: 63.6

Fraud 207

Fraud Customer Experience Data Technology 207

PYMNTS

NOVEMBER 30, 2020

Kount ’s Chief Customer Experience Officer Rich Stuppy told Karen Webster that porch piracy is one of the easier crimes to commit. And while on its own it would be a challenge, the trouble really begins when consumers start “crying wolf” about porch piracy to commit refund fraud , which as of 2020 is happening en masse.

Fraud 204

Fraud Policies Data Retail 204

PYMNTS

JUNE 17, 2020

Both of these channels are thus perfect targets for fraud, with cybercriminals posing as restaurants on social media and attempting to scam customers of their personal data, and fake reviews driving customers away from restaurants.”. Successful attacks are often the result of inadequate digital defenses meeting these methods.

Tools 141

Tools social media Fraud Mobile 141

PYMNTS

OCTOBER 1, 2019

1, 2020 — at one point, the deadline was in 2017. The big [operators] have financial balance sheets that can support construction projects,” he told PYMNTS, “but the smaller ones will be challenged.”. “The The other part is the opportunity that the most recent liability shift gives operators of those businesses. LISNR Offering.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

JANUARY 8, 2019

While the holiday retail rush meant big gains for some retailers, it also came with an influx of fraud, both in-store and online, as fraudsters took advantage of a high-pace, high-volume period of transactions. In fact, over 5 percent of online retail revenue is now lost to fraud. By 2020, it’s estimated that U.S.

Fraud 166

Fraud Retail Security Branding 166

PYMNTS

MAY 20, 2020

In its fiscal 2020 Q1, streaming platform Netflix reported adding nearly 16 million new subscribers and blasting net income into orbit at $709 million, more than double its Q1 2019 performance. Unemployment, emergency medical bills and falling victim to fraud are just a few reasons why consumers may shift their financial priorities.”.

Fraud 205

Fraud New York Video Customer Experience 205

PYMNTS

APRIL 16, 2020

As of the end of 2019, eCommerce was about 15 percent of total commerce, Ekata Vice President of Strategy and Operations Arjun Kakkar told PYMNTS in a recent conversation. Had 2020 been a normal year, it might have risen to about 17 percent by the time we were ringing in the New Year on Dec. Building A New Balance.

Meeting 170

Meeting Fraud Analysis Data 170

PYMNTS

MAY 10, 2019

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. In short, the new rule might require companies that deal with ACH payments to retool their fraud detection systems. New NACHA Rule. How much effort will that require, then?

Payments 178

Payments Fraud Security Customer Experience 178

PYMNTS

JUNE 24, 2020

They are also exhibiting increasingly robust cross-border payments capabilities, with a focus on simplicity and ease of operations internationally. The result is more successful transactions across multiple markets and better customer experiences.”. Getting a Piece of $19 Trillion.

Payments 130

Payments Regional Analysis Compliance 130

Abrigo

FEBRUARY 3, 2020

Creating more efficient operations and improving customer experiences are the goals driving technology strategies and investments at many U.S. Fraud Prevention. Fraud Prevention. Fraud Prevention. 2020 Goals for Credit Unions Based on NCUA Supervisory Priorities. Technology spending priorities.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

DECEMBER 26, 2019

One can almost feel it in the bones: the excitement to come in the world of payments in 2020, as innovation sparks new business models and disruption. Red Hat, which launched in 1993, specializes in Linux operating systems — an alternative to Microsoft’s proprietary software.

Software 132

Software Payments ATM Course 132

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. Beyond the drive to retain and grow membership and tackle faster payments, Fagan said CUs must be ever-vigilant in the fight against fraud. “If

United States 102

United States Millennials Course Lending 102

FICO

JANUARY 19, 2021

As COVID-19 has spread, concerns about fraud have increased. fraud managers , their biggest concern in 2020 was synthetic identity fraud - 52% reported that this was their biggest issue in identity fraud control. When the balance is right customers gain easy access to their accounts when and where they want it.

Fraud 52

Fraud Customer Experience Security Data 52

Cisco

JANUARY 26, 2022

Incumbent financial institutions continue to build trust- based relationships through the expertise of their financial professionals while pursuing digitization to optimize customer experience and improve operational efficiency. Along this journey, institutions should focus on three guiding principles: Focus on Convenience.

Meeting 100

Meeting Customer Experience Study Tools 100

FICO

JANUARY 8, 2021

Here are our top 5 posts from 2020. #1. Transforming the Customer Experience: Telecommunications. Telecommunication providers have access to massive amounts of customer data, which can be leveraged by analytics to drive smarter, more personal customer decisions and offers,” noted Tim VanTassel.

Analytics 52

Analytics Analysis Lending Management 52

PYMNTS

APRIL 2, 2020

The March 2020 PYMNTS Next-Gen Debit Tracker ®, a PULSE collaboration, provides an in-depth examination of debit’s changing role in both banking and retail, with a deep dive especially for merchants who want to control their routing spend. percent of the transaction value, for example. Merchants Making Decisions.

Cards 130

Cards Comparison Fraud Retail 130

PYMNTS

SEPTEMBER 30, 2019

The latest Payments and the Platform Economy study examines how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Online Resale. Social Media.

Online 101

Online Fraud Branding social media 101

PYMNTS

SEPTEMBER 18, 2019

In the latest Payments And The Platform Economy Playbook , PYMNTS looks at how marketplaces are responding to the counterfeit threat as well as how they are continuing to innovate the customer experience. To weed out false sellers, the marketplace uses automated programs and human customer service agents. trillion by 2020.

Online 126

Online Case Study Branding Fraud 126

PYMNTS

JANUARY 28, 2020

The problem often stems from the environment in which they are operating — one that can put the brakes on innovation, even when innovation is key to thriving. Owens noted that Elan aims to improve the customer experience by providing mobile functionality, geolocation, AI-based fraud protection and all forms of digital payments.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

PYMNTS

SEPTEMBER 17, 2018

HomeAway, which was acquired by industry giant Expedia for nearly $4 billion in 2015, owns and operates travel booking platforms, including VacationRentals.com, VRBO and several others. It currently does business via a total of 50 websites and platforms around the world, operating in 23 languages and offering rentals in 190 countries.

Data 122

Data Analytics Security Payments 122

PYMNTS

DECEMBER 18, 2019

You can count on at least one thing for retail in 2020: Things will get much more personal. There, Dynamic Yield , the artificial intelligence (AI)-powered personalization platform operator, is being absorbed by fast-food chain McDonald’s. Much has been written about AI-powered tools for fraud detection and security.

Retail 131

Retail Tools User Experience Technology 131

PYMNTS

JANUARY 20, 2020

and Synchrony Financial have all reported interested in enabling their customer card accounts to work with the emerging tech, according to sources. How exactly that technology will operate seems to be a design question still being determined. As countless mobile operators have already learned, the U.S. JPMorgan Chase & Co.,

Payments 277

Payments Data Cards New York 277

Accenture

SEPTEMBER 13, 2019

Working directly with our financial services clients on strategic, operational and technical issues, he is on the front lines of the evolution of real-time payments. Instant payments are also top-of-mind as customer experience becomes the currency of competitiveness in retail and commercial payments. It is a hydra.

United States 151

United States Payments US Survey 151

CFPB Monitor

APRIL 1, 2021

fraud detection and financial crime monitoring). Improving customer experience and gaining efficiencies in the allocation of financial institution resources, such as through the use of voice recognition, natural language processing (NLP), and chatbots. Potential risks of AI.

Risk Management 78

Risk Management Training Lending FDIC 78

PYMNTS

JANUARY 22, 2020

The changeover, however, and the ability to discern patterns around fraud rates and merchants, will take time. The short-term issue that causes more concern is friction, he noted, and the hit that the customer experience will take as the time to transact goes up in a pre-authorization world. Reframing Friction.

Data 141

Data Guidelines Regulation Compliance 141

FICO

DECEMBER 2, 2020

Little did they know that Covid-19 was about to happen and that the requirement to validate customers’ identities remotely would become an even more pressing issue. Bank Negara acted and in July 2020 they confirmed that with immediate effect, banks and other financial institutions could deploy eKYC as part of the onboarding process.

Survey 72

Survey Regional Compliance Fraud 72

PYMNTS

NOVEMBER 6, 2020

The 2020 holiday shopping season will be different from any that have come before it, and much of the difference will revolve around digital capabilities. Sevounts said there are no silver-bullet solutions, but there are data to be leveraged to build a better, more secure experience and improve business operations as a whole.

Fraud 203

Fraud Data Security Customer Experience 203

ZootBlog

OCTOBER 11, 2016

We spoke with Mark Miyamoto, Director, Compliance, Risk, Fraud Solutions for Danal; a company that provides mobile identity and authentication solutions driven by real-time connections into the databases of mobile network operators (MNOs), to discuss the latest in m-commerce. Everyone is going mobile and data changes frequently.

User Experience 60

User Experience Mobile Data Las Vegas 60

FICO

NOVEMBER 30, 2022

Profitability and Customer Financial Health in Retail Banking. Here’s how to strike a balance that delivers long-term benefits for customers' financial health. Tue, 02/18/2020 - 14:57. It’s an approach founded on a simple idea: when your customers do better, you do better. FICO Admin. by Bill Waid.

Retail 52

Retail Data Analytics Fraud 52

FICO

MARCH 22, 2022

Account takeover fraud (ATO) occurs when an unauthorized person takes control of an account. While individuals are frequently the victims of account takeover fraud, businesses, particularly small businesses, can be as well. Fraud exists within a supply chain. How Can Financial Institutions Tackle Account Takeover Fraud?

Fraud 52

Fraud Examples Data Security 52

CB Insights

FEBRUARY 13, 2020

Fraud prevention tools. Sigma aims to streamline business operations. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Stripe Atlas (business incorporation tool) and Stripe Sigma (business analytics and reporting) can help simplify business operations.

Online 98

Online Company Retail Payments 98

FICO

MAY 19, 2021

What Is First-Party Fraud? From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. by Matt Cox.

Fraud 52

Fraud Groups Analytics Compliance 52

FICO

MAY 19, 2021

For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. Perhaps surprisingly, consumers sometimes use their own personal information to commit fraud. Both of these crimes are first-party fraud.

Fraud 52

Fraud Groups Analytics Compliance 52

FICO

APRIL 20, 2021

According to the UK’s Open Banking Implementation Entity (OBiE), in 2020 nearly six billion calls were made via application programming interfaces (APIs) to bank servers in the UK and more than four million open banking payments were completed. Protecting Open Banking Transactions with Enterprise Fraud Management.

Fraud 52

Fraud Strategy Management Compliance 52

PYMNTS

JULY 29, 2019

It’s pretty much a given these days that – more or less – a business is nothing without a robust mobile experience when it comes to commerce, payments and customer experience. That ideal applies to sellers of products and services alike, and helps to fuel and guide so much innovation going into 2020. Fresh Risks.

Fraud 148

Fraud Customer Experience Innovation Retail 148