PYMNTS

JULY 9, 2019

As digital payments and commerce grows — and as consumers and regulators focus more on issues related to web security and privacy — digital ID continues to take more of a role in addressing those concerns, and helping online companies and organizations win over more consumer and otherwise scale. ID Data Points. Biometric Markers.

Security 191

Security Online Fraud Samsung 191

PYMNTS

FEBRUARY 18, 2020

According to the report, Credify acts as a “personal data bridge” to help connect consumer services like lending and online shopping with firms that handle credit scoring and digital authentication. The company said it works to generate new sources of revenue for organizations while ensuring privacy protection and blockchain-based security.

Regional 171

Regional Lending Fraud Maine 171

PYMNTS

MARCH 25, 2019

federal government tries to stem fraud and other losses in benefit programs, a new mobile app might just provide a way to do that. While that happens, the payments industry is upping its game against counterfeit goods sold online. 534 billion: Projected value of the IoT healthcare market by 2025. As the U.S.

Innovation 148

Innovation Fraud Regulation Data 148

PYMNTS

SEPTEMBER 17, 2020

“IAM can help verify students who sign on to look at their grades or financial aid status as well as enable easy access to online classrooms, for example. billion by 2025.”. It’s known that many colleges and universities would fail their final when it comes to online security and fraud defenses.

Video 251

Video Resources Course Online 251

PYMNTS

JANUARY 19, 2021

What if close to half of all companies surveyed said productivity during COVID-19 work-from-home (WFH) orders is actually rising, as more business is conducted efficiently online and less time goes into commutation or gets siphoned off by sundry other office intrusions? Well, they’ve said it. billion in 2020 alone.”.

Fraud 151

Fraud Survey Video Mobile 151

FICO

MAY 27, 2022

Fraud at the point of application has long been an issue for lenders. We have seen insurance, utilities and mobile phone contracts all targeted by application fraud. Application fraud soared during the pandemic and continues to grow today. In most cases, fraud controls are still not taking place at the point of application.

Fraud 52

Fraud Customer Experience Data Examples 52

PYMNTS

AUGUST 29, 2019

Digital fraud continues to be one of the most pressing issues that marketplaces face today. Experts estimate that total fraud losses in 2018 totaled $3.9 Developments Around The Digital Fraud World. Businesses are turning to a variety of solutions to fight fraud, including leveraging blockchain technology.

Fraud 158

Fraud blockchain System Cards 158

PYMNTS

FEBRUARY 17, 2020

Every network involved must be able to instantly, safely and securely connect and share information, he explained, and Cisco works with city governments to cultivate transparency and speed. We provide that network in the middle … [but] you need comprehensive IoT security architecture in any of those critical IoT environments.”. “We

Security 252

Security Data United States Florida 252

PYMNTS

DECEMBER 10, 2020

Advocates of the strategy say it provides banks with an error-free way to onboard customers while reducing fraud and preventing application abandonment. . million by 2025. Speedy, secure onboarding is vital at a time when consumers have to use digital banking to prevent health risks. Reducing FI Onboarding Time, Costs .

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

SEPTEMBER 6, 2019

The number of facilities looking for alternatives has doubled since 2018, with 17 percent utilizing MFA to better protect against fraud. The need for newer, stringent authentication comes as call centers — especially those for banks and other financial services — are getting hit with increasingly sophisticated fraud.

Fraud 122

Fraud Technology Security Tools 122

PYMNTS

SEPTEMBER 20, 2016

Payment startup Stripe is heading to Singapore with the mission to help other local startups kickstart online businesses. billion by 2025, which is five times what it’s currently clipping at. It’s the next step in San Francisco-based Stripe making strides into other countries.

San Francisco 100

San Francisco Bitcoin Regional Apple 100

PYMNTS

DECEMBER 11, 2020

The Bank of Thailand, the nation’s central bank, announced the expansion, which was done in collaboration with the Securities and Exchange Commission, the Office of the Insurance Commission, the Electronic Transactions Development Agency (ETDA) and the National Credit Bureau (NCB).”. That’s expected to cost banks an $168.9

Video 204

Video Security National Digital Banking 204

PYMNTS

NOVEMBER 10, 2020

We are the infrastructure that takes what is effectively a virtual wallet — in a mobile or online sense — and connects it to the real world, either eCommerce or face to face with a card,” he said. Crypto has been held up by critics as a conduit to fraud and money laundering. Back in May, i2c Inc. The Demographics — And Digital Fiat .

cryptocurrency 324

cryptocurrency blockchain Bitcoin Security 324

Independent Banker

OCTOBER 31, 2022

According to a new report from PwC titled “Retail Banking 2025 and Beyond” (see sidebar), the retail banking industry is undergoing tremendous change—but, of course, community bankers already know that. “A A 2022 PwC report, “Retail Banking 2025 and Beyond,” cites an “urgent call to action” for retail banks. By William Atkinson.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

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.

Payments 195

Payments Data Fraud social media 195

PYMNTS

JULY 17, 2018

Businesses and other organizations hoping to profit from the expanding digital economy find ways to maintain and even deepen consumer trust in their security efforts. All those connected devices will, by 2025, represent an estimated $6.2 The key is to ensure that all devices are secure,” Emery said. More Connections, More Risk.

Security 102

Security eBook Millennials Industry 102

PYMNTS

AUGUST 29, 2018

. “These websites are so easy to hack that we couldn’t give them to adult hackers — they’d be laughed off the stage,” said Jake Braun, a former White House liaison for the Department of Homeland Security, in an interview with ABC News. We look for conversation patterns typical of fraudsters,” Beranek explained.

Software 102

Software Security Data Conference 102

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. Recent data shows that thwarted attempts to get one security solution’s users to visit malicious, video game-themed websites rose 54 percent from January to April.

Online 222

Online System Fraud Video 222

PYMNTS

JULY 8, 2016

falls in line with the rollout in Europe, a benchmark market for post-EMV fraud decline, it differs in the way it was actually implemented in Europe. In Europe, for instance, EMV transactions are packaged together with PIN security. As the American market takes the leap to embrace EMV technology, fraud is expected to plunge.

US 103

US Fraud Mobile Marketing 103

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

Cards 150

Cards Security Fraud ATM 150

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.

Fraud 172

Fraud Analytics Security Data 172

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

Fraud 195

Fraud Training Regulation Trends 195

Gonzobanker

DECEMBER 14, 2023

million (that’s right million) of financial donations and support to the community in 2025. We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. Oh, and along the way, OnPoint will provide an amazing $2.5

Fintech 194

Fintech Community Regional Technology 194

PYMNTS

AUGUST 2, 2016

For the July Digital Identity Tracker ™ , PYMNTS caught up with Jarae to discuss the future of online verification. A study from TeleSign reported that 72 percent of people in the digital security industry expect traditional username/password logins to be eradicated by 2025. All opinions in the article are his own.).

Study 100

Study Security Conference Google 100