FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. Mon, 12/05/2022 - 15:10. million consumer fraud and 1.4 FICO Admin. Tue, 07/02/2019 - 02:45. by Sarah Rutherford.

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CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” Malini Mithal testified that the FTC received over 200,000 reports of military fraud in 2021, totaling over $267 million in losses.

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Fraud National Security social media 78

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Tue, 12/20/2022 - 10:20. As I look back on 2022, I’m reluctant to lean too far into predictions for 2023. Scammers can hide in plain sight and use social engineering and direct outreach to consumers to coerce individuals to make instant, irrevocable payments.

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Fraud Payments South Carolina Compliance 52

FICO

AUGUST 8, 2022

Thu, 08/04/2022 - 10:01. Mon, 08/08/2022 - 15:10. Nominations are due October 28, 2022 , and winners will be announced on January 26, 2023. Fraud Management. 2023 FICO Decisions Awards Now Open. Call for analytics and digital transformation champions! Saxon Shirley. by Nikhil Behl. expand_less Back To Top. ESG Champion.

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Conference social media Analytics Fraud 52

Tomorrow's Transactions

FEBRUARY 8, 2022

I have heard it said… Continue reading Safer Internet Day 2022 – It’s all about you! Plato had it right on data protection: the price of not participating in public life is to be ruled by less able men.

Technology 48

Technology Data social media Security 48

PYMNTS

APRIL 27, 2020

Employing professionals to build out AI solutions, integrate automation into customer flows, and develop blockchain-based offerings is costly, and banks that lean on these tools to attract customers without implementing the appropriate security protocols could find themselves plagued by fraud or faced with compliance challenges.

Digital Banking 248

Digital Banking Tools social media Mobile 248

FICO

FEBRUARY 27, 2023

See all Posts chevron_left Blog Home expand_less Back To Top Related posts Meet The 2022 FICO Decisions Awards Winners! Nikhil has over 15 years of e-commerce and technology experience and has worked at large established tech companies such as Hewlett Packard as well as numerous Silicon Valley startups.

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Meeting social media Management Analytics 98

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

FICO

FEBRUARY 9, 2023

As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? million stolen through fraud in the UK last year, payment scams (or authorised push payment fraud or APP scams) accounted for 41%. A quarter of all losses to payment fraud is under £100. And what can banks do?

Fraud 52

Fraud social media Examples Regulation 52

Abrigo

MAY 5, 2022

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Fraud Prevention. Ahead of the Curve: A Banker’s Podcast Bonus Episode – ThinkBIG 2022. Learn More.

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Community Lending Maine Resources 195

FICO

SEPTEMBER 30, 2022

Thu, 05/12/2022 - 10:29. Thu, 09/29/2022 - 15:15. Nominations are due October 28, 2022, and winners will be announced January 26, 2023. Nominations are due October 28, 2022, and winners will be announced January 26, 2023. Meet Our 2022 FICO Decisions Awards Judges. Meet Our 2023 FICO Decisions Awards Judges.

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Meeting Analytics Management Strategy 52

Abrigo

FEBRUARY 8, 2024

Client fraud education to prevent banking losses Financial institutions play a crucial role in safeguarding customers and members from fraud. Fraud education is key. You might also like this infographic: 5 Fraud typologies impacting you and your customers or members. DOWNLOAD Takeaway 1 U.S.

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Fraud Resources social media Software 195

Qudos Bank

FEBRUARY 15, 2024

Phishing scams "In 2022, 74,566 phishing scams were reported to Scamwatch 1." Phishing scams are usually enacted through email, social media or via SMS, and involve scammers using messages with malicious links designed to steal your usernames, passwords and other sensitive information.

cryptocurrency 52

cryptocurrency social media Online Security 52

Qudos Bank

MAY 17, 2023

Phishing scams "In 2022, 74,566 phishing scams were reported to Scamwatch 1." Phishing scams are usually enacted through email, social media or via SMS, and involve scammers using messages with malicious links designed to steal your usernames, passwords and other sensitive information.

cryptocurrency 40

cryptocurrency social media Online Security 40

Abrigo

FEBRUARY 8, 2024

WATCH Takeaway 1 Romance scams are one of the most common forms of fraud schemes seen in the U.S. Report any scam or attempted fraud to the FBI and your financial institution. According to the Federal Trade Commission (FTC), nearly 70,000 people reported a romance scam in 2022 and reported losses hit a staggering $1.3

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Fraud social media Training Trends 222

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. Mon, 07/25/2022 - 11:00. 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

South State Correspondent

APRIL 24, 2023

It then figured out to include the current deposit amount, acknowledge their past contribution for 2022, reference rising healthcare costs, and thank them for their past contributions (below). Autonomous agents will be deflationary, reducing product cost, fraud, and risk. This proved to be a winning combination of personalization.

social media 195

social media Data Marketing Technology 195

FICO

JULY 7, 2022

FICO Platform approach was key to judges of 2022 Credit Awards. Thu, 07/07/2022 - 09:40. I was part of the very excited FICO team last week at the 2022 Credit Awards in London. This platform approach is the future of how banks and other companies will manage risk, fraud, customers and decisions of every kind.

Analytics 52

Analytics Technology Data Strategy 52

PYMNTS

MARCH 6, 2020

A 2018 survey found that 50 percent of IT professionals labeled security among the most-pressing issues affecting their API strategies, and API-related services are expected to become those hackers most frequently attack by 2022. . Weaknesses in the technology’s handling have already resulted in major abuses, too.

Security 130

Security Survey System Strategy 130

FICO

JANUARY 27, 2022

Microservices – As business users in your ecosystem gather and enrich data to develop analytical models, models will need to be refined and operationalised to deliver appropriate customer decisions - across credit, risk, fraud and other decisions. For example, is application fraud or suspicious behaviour being flagged up accurately?

Analytics 52

Analytics US Trends Data 52

Abrigo

JANUARY 13, 2023

million encounters occurred in 2022. Although migrants knowingly engage with smugglers wittingly, they can become victims of this crime, as evidenced by the San Antonio, Texas discovery in June 2022 of 53 migrants—including children—who died in a tractor-trailer as they attempted to enter the United States illegally. Fraud Prevention.

social media 195

social media Training San Antonio National 195

Abrigo

JANUARY 31, 2023

register now Takeaway 1 While the AML/CFT industry seemed to have been in a holding pattern during 2022, regulatory movement is expected for 2023. Takeaway 2 Banks should be proactive in understanding fraud trends and FinCEN priorities to prepare for future rulemaking. billion to fraud in 2021, a 70% increase over the prior year.

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Fraud Training Regulation Trends 195

Gonzobanker

DECEMBER 14, 2023

The Financial Branding Quote of the Year Award – goes to Piper Sandler’s Scott Hildenbrand : “Every bank has a peer group to compare their financial ratios, but bank leaders should also have a social media peer group.” The Overhyped Tech of the Year – Real-Time Payments.

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Fintech Community Regional Technology 194