PYMNTS

NOVEMBER 27, 2020

More consumers than ever are turning to online shopping channels to meet their needs during the pandemic, but many are also aware that cybercriminals are looking to capitalize on this stepped-up online activity to steal their card data. Firms are also prioritizing security as they transact online more heavily as well.

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PYMNTS

FEBRUARY 17, 2020

Organizations seeking to create smart cities still face challenges, however, including how best to manage the massive data flows from IoT-enabled sensors. Cisco has several other products dedicated to security, including its Stealthwatch solution for online traffic safeguarding and behavioral analytics support.

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PYMNTS

APRIL 8, 2019

Sharing is, in fact, enormously complex, prone to fraud and frustration, at least when it comes to digital payments and commerce. The rise of the global sharing economy — tied to online marketplace operations — is sparking challenges related to trust, security and confidence for buyers and sellers alike. Supply Of Data.

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PYMNTS

SEPTEMBER 2, 2019

It lets workers manage cash flow. No wonder, then, that as the Digital Fraud Tracker found , the online fraud prevention market is slated to grow by as much as 20 percent annually, as measured for a CAGR projected from this year until 2025. Account takeover attacks resulted in $5.1 billon in losses last year.

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FICO

FEBRUARY 17, 2023

From the rapid and sudden shift to online and mobile banking, to exploring artificial intelligence (AI) and hyper-personalization , the finance world is changing quickly. Consumers in India processed 48 billion digital transactions across bill payment, wealth and loan management, insurance, shopping, and entertainment as far back as 2020.

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PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

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PYMNTS

AUGUST 29, 2018

Or there was the news out of the Black Hat Conference that a research team managed to trick voice recognition software from Microsoft by convincing it a machine voice was human. The team did manage – though notably, only by using the world’s most generous definition of “minimal effort.” It should finish in a reasonable time.

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PYMNTS

JULY 17, 2018

Increasing collaboration promises to help with that task, according to a recent PYMNTS interview with Director of Compliance and Interoperability Kevin Emery at UL , which helps other companies with identity management and security-related issues. All those connected devices will, by 2025, represent an estimated $6.2

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PYMNTS

DECEMBER 2, 2020

Consumers are increasingly concerned about protecting their payment details from fraud when shopping online,” according to PYMNTS’ November 2020 Next-Gen Debit Tracker ® done in collaboration with PULSE , a Discover company. trillion in spending this year and $5 trillion in 2025. Virtual cards are expected to facilitate $1.6

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PYMNTS

JULY 25, 2019

billion people send around 269 billion emails every single day – this type of online communication is vulnerable to phishing attacks. The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques. Humans as Weak Links.

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FICO

AUGUST 26, 2021

It’s a question FICO’s fraud head honcho, TJ Horan, pondered back in 2016 , when the nascent real-time person-to-person (P2P) payments service Zelle was relaunched by a small consortium of banks (see below). How to Fight Real-Time Payments Fraud. “Do you Zelle?” COVID Has Given a Permanent Boost to Real-Time Payments?

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Abrigo

JANUARY 31, 2023

Takeaway 2 Banks should be proactive in understanding fraud trends and FinCEN priorities to prepare for future rulemaking. Increased fraud According to the Federal Trade Commission , consumers lost more than $5.8 billion to fraud in 2021, a 70% increase over the prior year. That represents nearly 2.8

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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. Nobody is quite sure which side this seesaw will land on.

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