Remove 2024 Remove Fraud Remove Operations Remove Regional
article thumbnail

BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

In this post, I’ll provide a quick overview of how BNPL works, and share my thoughts on how BNPL fraud can occur and where the financial liability lays. . of North American e-commerce payments by 2024, up from 1.6% A BNPL Primer. BNPL saw significant growth in the U.S. during the pandemic. customers more than double to 6.5 In the U.S.,

Fraud 52
article thumbnail

When Loyalty Is Unattended Retail’s Key Feature

PYMNTS

Even so, retailers must protect against theft and fraud without adding friction for employees and customers in the age of automation. The compound annual growth rate (CAGR) of the global smart vending machine market from 2019 to 2024 is projected to be 12 percent. And, in the U.S.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Responsible AI: Are European Firms Ready for the Regulators?

FICO

Systems used in banking and financial services are firmly in scope and could be enforced as early as the second half of 2024. Scott Zoldi Matt Cox Matt Cox is vice president and general manager of Europe, the Middle East and Africa for FICO, overseeing operations across the region.

article thumbnail

Why boosting your check fraud prevention is worth the effort

Abrigo

4 Reasons better check fraud prevention is a good investment Check fraud is on the rise. Learn how you can save time and money in the long run by updating check fraud prevention capabilities today. At the same time, check fraud is increasing dramatically. At the same time, check fraud is increasing dramatically.

Fraud 221
article thumbnail

Navigating the U.S.-Mexico border: Understanding the surge in criminal activity

Abrigo

While many think of trade, commerce, and cultural exchange when considering this region, ignoring the undertow of illicit activities is impossible—the border remains a hotspot for drug trafficking, illegal arms trade, human trafficking, and smuggling operations, necessitating vigilant scrutiny and transaction monitoring within the U.S.

article thumbnail

Next Best Actions / Next Best Offers – Four Pointers to Success

FICO

By 2024, 435 million Europeans are predicted to be using online and mobile banking – up from 398 million today. billion by 2024. Matt Cox is vice president and general manager of Europe, the Middle East and Africa for FICO, overseeing operations across the region. billion last year to 2.5 Research shows more than 6.3

article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. Expect more deals to be announced in 2024.

Fintech 194