PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities. Orchestrating A Solution.

Cards 207

Cards Data Compliance Payments 207

PYMNTS

FEBRUARY 4, 2020

Numerous regions then announced internal deadlines for compliance that often diverged from their neighbors’ deadlines. These questions and concerns caused certain European markets to temper their financial and privacy innovations, which could hamper Open Banking’s worldwide growth. SCA Questions Stall Innovation.

Fraud 144

Fraud Regulation Compliance Innovation 144

FICO

MAY 27, 2021

A Dozen Top Achievers in 2021. Earlier this year we provided a list of the winning companies in our 2021 FICO® Decisions Awards. This year the 12 winners have demonstrated extraordinary innovation in very different industries and markets. . Decision Management Innovation. Fraud & Security. Regulatory Compliance.

Analytics 52

Analytics Fraud Management America 52

FICO

NOVEMBER 11, 2020

FICO has announced its panel of independent judges for the 2021 FICO® Decisions Awards which honor clients achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Nominations are due December 4, 2020, and winners will be announced January 22, 2021.

Meeting 52

Meeting Analytics Big Data Management 52

FICO

DECEMBER 23, 2020

It has also opened new doors for criminals, who have rushed to exploit the uncertainty in a pandemic world and devised new money laundering and terrorist financing schemes by taking advantage of loopholes in the regulations, new ways of working aided by advances in technology, and electronic payment innovations. Collaboration Will Be Key.

Compliance 52

Compliance Regulation Data Risk Management 52

CFPB Monitor

NOVEMBER 8, 2021

The California Department of Financial Protection and Innovation has published a fourth round of modifications to implement SB 1235 , the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances.

CA 78

CA Regulation California Compliance 78

Bobsguide

MAY 8, 2022

A recent GFT survey revealed that 95% of banks adopt cloud to improve time to market, while 86% of them do it to improve innovation and scalability. To receive the designation, AWS Partners must possess deep AWS expertise and undergo an assessment of the security, performance, and reliability of their solutions.

Compliance 166

Compliance Risk Management Digital Banking System 166

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. Anticipating change in the anti-money laundering industry. Sanctions Sanctions are fast becoming the most crucial focus of the year.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

CFPB Monitor

AUGUST 12, 2021

The law contains exemptions and carve-outs for, among other things, depository institutions, financings of more than $500,000, closed-end loans with a principal amount of less than $5,000, and transactions secured by real property. Modifications to the proposal were issued in April 2021.

CA 78

CA Regulation California New York 78

Abrigo

FEBRUARY 25, 2022

The year 2021 saw a continuation of pandemic policies and changes, a new administration in Washington , and regulatory reform from the Financial Crimes Enforcement Network ( FinCEN ). According to a 2021 Crypto Crime Report ? Takeaway 2 Enhance policies, procedures, and processes for areas that will gain regulatory scrutiny? .

Regulation 195

Regulation Policies Compliance Washington 195

Abrigo

JULY 12, 2021

and Germany which was released June 30, 2021. This new guidance will assist countries and the private sector in understanding and documenting these risks and prepare accordingly for this serious threat to international peace and security. The second 12-month review was published July 5, 2021. keep me informed. While the U.S.

Training 195

Training Policies United States Report 195

Abrigo

MARCH 11, 2022

Thanks to an increase in mobile payments precipitated by the pandemic and rising security concerns due to the Russian conflict in Ukraine, the world of financial fraud prevention is more dynamic than ever. Recently, the Secure and Fair Enforcement Banking Act of 2021 (SAFE Act) passed the house for the third time.

Regulation 195

Regulation cryptocurrency Policies Management 195

FICO

FEBRUARY 23, 2022

You might think that fraud accounting for hundreds of billions of pounds of loss would be a top concern for consumers – but according to FICO’s recently completed Consumer Fraud Survey: 2021 , it is not. In September 2021, UK Finance reported a 71% increase in APP fraud during the first six months of 2021.

Fraud 98

Fraud Survey Customer Experience Retail 98

Abrigo

JULY 16, 2021

FinCEN Releases 8 AML/CFT Priorities These priorities were published June 30, 2021, highlighting several areas of heightened risk for the U.S. These priorities were published June 30, 2021, highlighting several areas of heightened risk for the U.S. financial system and national security. financial system. financial system.

Community 195

Community Regulation Training Policies 195

FICO

OCTOBER 6, 2021

Nominations are due December 3, 2021 , and winners will be announced on January 28, 2022. Decision Management Innovation. Regulatory Compliance. We know that many of them have had to make flexibility a virtue as they brought their most innovative ideas and technologies to bear on the challenges thrown at them by the pandemic.

Analytics 52

Analytics Conference Compliance Management 52

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Will Chinese Authorities Force Ant To Restructure? .

US 168

US Regulation Groups System 168

FICO

MAY 18, 2022

Shining a light on the innovation of our customers. Our awards shine a light on excellence in digital transformation and advanced analytic innovation. In what is our tenth year of running the awards, the last two years of winners have demonstrated extraordinary innovation in very different industries and markets. ESG Champion.

Innovation 52

Innovation Analytics Management Maine 52

FICO

AUGUST 29, 2019

FICO’s customers continue to set new standards with their innovative solutions to very challenging business problems. Decision Management Innovation. Fraud and Security. Regulatory Compliance. Our 2019 FICO® Decisions Awards are now open. Nominations are due October 15, 2019, and winners will be announced December 2019.

Analytics 40

Analytics Compliance Fraud Innovation 40

FICO

FEBRUARY 23, 2022

You might think that fraud accounting for hundreds of billions of pounds of loss would be a top concern for consumers – but according to FICO’s recently completed Consumer Fraud Survey: 2021 , it is not. In September 2021, UK Finance reported a 71% increase in APP fraud during the first six months of 2021.

Fraud 52

Fraud Survey Customer Experience Retail 52

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. This is a classic layering method using innovative technology. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

Abrigo

NOVEMBER 11, 2021

The June 2021 release of the Financial Crimes Enforcement Network ( FinCEN) Priorities makes this clear in naming cybercrime as one of the eight national anti-money laundering and countering the financing of terrorism (AML/CTF) priorities. This is a classic layering method using innovative technology. financial institutions.

Fraud 195

Fraud cryptocurrency System Trends 195

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . Some Consumers Lack Confidence in Bank Security, Dissatisfied. However, 17% of US customers are dissatisfied with security and fraud prevention management.

Survey 52

Survey Fraud US Customer Experience 52

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . Some Consumers Lack Confidence in Bank Security, Dissatisfied. However, 17% of US customers are dissatisfied with security and fraud prevention management.

Survey 52

Survey Fraud US Customer Experience 52

PYMNTS

FEBRUARY 14, 2018

billion by 2021, according to International Data Corporation (IDC) figures. percent from 2016 to 2021. percent from 2016 to 2021. As a leader in blockchain innovation and integration, the U.S. Spending on blockchain technologies will ramp up to $9.2

blockchain 111

blockchain Compliance Mobile Technology 111

CFPB Monitor

APRIL 14, 2021

The California Department of Financial Protection and Innovation (DFPI) has issued modifications to its proposed regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances.

CA 78

CA Regulation California New York 78

FICO

NOVEMBER 23, 2021

They will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. Armando Junior, general manager, risk and compliance at Dock (previous winner) . Armando has an MBA from Brazil’s Fundação Getulio Vargas.

Meeting 52

Meeting Analytics Risk Management Management 52

FICO

DECEMBER 14, 2021

2021 saw the world settling into a new normal with heightened expectations of digital experiences. As those deep fake technologies develop, we will see more innovation and use of a wider variety of biometric technology thrown into the mix. For most, GDPR compliance has been a costly, time-consuming and complicated process.

Fraud 52

Fraud Management Data Trends 52

FICO

FEBRUARY 16, 2023

Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Chip and PIN transactions are more secure than swiping, but consumers will need to take care to cover the PIN pad while entering their number so that thieves cannot capture the unique PIN with a spy cam.

Cards 98

Cards US Data Fraud 98

FICO

APRIL 28, 2020

The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. Our winners have innovated in lending, supply chain optimization, customer management, debt collection, fraud and financial inclusion. Decision Management Innovation.

Analytics 52

Analytics Fraud Management Innovation 52

PYMNTS

MARCH 10, 2017

Naturally, with ease of market entry into various parts of the world economy also comes security concerns. Cross-border transactions are in great abundance and will likely only continue to grow, as Gartner predicts nearly 21 billion connected devices by 2021. and China alone was approximately $660 billion.

blockchain 108

blockchain Payments Retail Technology 108

FICO

MARCH 9, 2022

Our survey showed a positive outlook for banks and card issuers investing and innovating significantly in the digital space. During 2020, it accounted for £479 million in gross losses in the UK, but by mid-2021, its occurrence had risen by 71% and it now makes up 38% of all UK fraud. The impact on consumers has been twofold.

Customer Experience 59

Customer Experience Survey Fraud Cards 59

FICO

SEPTEMBER 8, 2022

Thu, 06/17/2021 - 06:40. The appeal of these banking innovations has also made it a honeypot for fraud. The story is similar in Malaysia, with 1 in 3 ranking security first and a further 1 in 4 ranking it second. Implementing effective account security technologies that reduce friction is therefore a priority.

Fraud 52

Fraud Payments Survey Security 52

Insights on Business

DECEMBER 6, 2018

A balance is required between adequate reliability and security without impacting the customer experience. American Banker recently predicted that the total dollar volume is expected to triple by 2021, topping $336 billion. Investing in security a necessity. Nearly 60% of people in the U.S. How much is these transactions worth?

Fraud 79

Fraud Payments Security Technology 79

BankBazaar

JANUARY 31, 2021

The Union Budget 2021-22 came at a time when India is ailing from a COVID-battered economy, and its healthcare infrastructure has been stretched to the limit. Compliance burden of small trusts whose annual receipts does not exceed Rs. in 2021-22. Missed out on the budget? However, in case of serious tax-evasion cases (Rs.

Metro 122

Metro Taxes National Survey 122

Insights on Business

OCTOBER 12, 2018

By 2021, “at least 50% of global GDP will be digitized” with technologies such as artificial intelligence, blockchain, cloud, and mobile disrupting current ways of working. Only then will modernization and innovation fulfill its maximum potential, scaling across the entire organization–allowing the CIO to rest easier at night.

Innovation 87

Innovation Strategy Industry Technology 87

FICO

MARCH 10, 2022

The majority prefer text (43%) while another 17% prefer email, despite security flaws described as early as 2016. This approach is being widened globally with the adoption of 3-D Secure 2 for card payments. But payment verification preferences vary significantly by country. a biometric). Possession – something you have (e.g

Fraud 52

Fraud Survey Cards Customer Experience 52

FICO

DECEMBER 15, 2022

As scams grow worldwide – scams grew by 30% in two years in the UK and by 18% from 2020 to 2021 in the US – financial services institutions are looking for new tools to detect and stop them. Scott is most recently focused on the applications of streaming self-learning analytics for real-time detection of cyber security attacks.

Analytics 52

Analytics San Diego Fraud Cyber Security 52