PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Fuels are formulated with dual detergent technology called Dynaflex. percent by 2025. Shell employs 8,500 people in India and retails fuel in six states. .

Cards 159

Cards Fraud Operations Management 159

Independent Banker

MAY 31, 2022

Fraud and cyber attacks are on the rise, and at great expense to the industry. Here are some ideas for strengthening fraud defenses. Fraud and cybercrimes continue to increase, causing challenges for community banks. Fraud and cybercrimes continue to increase, causing challenges for community banks. By William Atkinson.

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PYMNTS

FEBRUARY 18, 2020

The company said it works to generate new sources of revenue for organizations while ensuring privacy protection and blockchain-based security. percent, and is expected to be a $102 billion eCommerce market by 2025. The region also experiences some of the highest fraud rates, in both finance and eCommerce. An average of 1.6

Regional 171

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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

SEPTEMBER 6, 2019

Call centers are starting to move away from KBA as new technologies emerge. The number of facilities looking for alternatives has doubled since 2018, with 17 percent utilizing MFA to better protect against fraud. Fraud protection is thus a high priority for all call centers, regardless of their industries.

Fraud 122

Fraud Technology Security Tools 122

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.

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PYMNTS

FEBRUARY 17, 2020

IoT technology has rapidly expanded beyond in-home devices into cities worldwide. Governments and institutions in Europe, India and the United States are experimenting with IoT solutions to enhance city life, and the technology is expected to create between $4 trillion to $11 trillion in value over the next several years.

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Abrigo

FEBRUARY 3, 2020

Key Takeaways At many financial institutions, a substantial share of the IT budget is tied up in technology infrastructure and maintenance and cannot be used for new initiatives. Technology spending priorities. Banks spend about 7 percent of revenues on information technology, the report’s authors estimate.

Resources 150

Resources Security Customer Experience Fraud 150

PYMNTS

JULY 9, 2019

In an new PYMNTS interview, Reinhard Hochrieser, vice president of product management at authentication services provider Jumio , provided an overview of the global state of ID verification and authentication, along with access management — and how improving those processes and technology can lead to gains for merchants and financial institutions.

Security 191

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PYMNTS

SEPTEMBER 21, 2018

Governments may not be known for keeping up with cutting-edge technology, but that doesn’t mean they don’t take note of the trends — especially when it comes to tools for collecting revenue. percent between 2018 and 2025, a number of local governments are adopting the technology to accept fines and taxes more easily.

Trends 152

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PYMNTS

SEPTEMBER 17, 2020

One recent report found that the IAM technology market is predicted to grow from $7.6 billion by 2025.”. It’s known that many colleges and universities would fail their final when it comes to online security and fraud defenses. billion this year to $15.3 Testing Limits, Pushing Boundaries.

Video 251

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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. It is also possible to have technology really “listen” to how they say it.

Security 101

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Cisco

APRIL 26, 2022

The convergence of mobile, cloud, and IoT technologies continues to create new opportunities for institutions to deliver personalized and contextual financial services. Some familiar examples are receiving banking fraud alerts on mobile devices, submitting photos for insurance adjustments, or using robo-advisors for investment decisions.

Big Data 147

Big Data Data Analytics Examples 147

PYMNTS

DECEMBER 10, 2020

Video-based KYC is an effective digital technology used increasingly to confirm customers? 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. identities while also speeding and simplifying sign-up.

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

NOVEMBER 11, 2019

Data holds the key to helping modern enterprises develop effective anti-fraud strategies. Many businesses are sitting on massive troves of it, but they are also facing down the three “V’s” of data complexity — velocity, variety and volume — which can make tackling fraud even harder. . Structured Versus Unstructured Data.

Analytics 116

Analytics Data Fraud Tools 116

PYMNTS

JULY 31, 2019

The Singaporean government is aiming to eliminate checks and reduce cash payments by 2025. The QR code reduces a typical ATM transaction from 80 seconds to under 45 seconds, and is also more secure than a PIN. The app was developed by the same team that designed and built the QR code technology for ATM cash withdrawals.

ATM 108

ATM Mobile blockchain Fraud 108

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

DECEMBER 12, 2018

As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

APRIL 26, 2018

Face and voice recognition technologies are gaining popularity in the fast-evolving world of biometrics. Plus, how authentication technology is evolving to better understand user behaviors. The voice recognition technology market is poised to grow in value to $1.66 billion by 2025 in Europe alone. In the U.K.,

Trends 100

Trends Fraud Technology Regulation 100

PYMNTS

NOVEMBER 10, 2020

But in the decade since bitcoin’s debut, technologies have evolved in the payments ecosystem that are helping set the stage for cryptos to become more widely adopted. Longer term, in the drive to make crypto spendable, beyond the rails themselves, McCarthy said that compliance and security standards must be robust.

cryptocurrency 324

cryptocurrency blockchain Bitcoin Security 324

PYMNTS

JULY 26, 2018

75 percent: Share of food and beverage industry workers who reported an increase in fraud over the last year. 30 percent: Share of restaurant sales expected to run through digital by 2025. 80 percent: Share of Software-as-a-Service providers who will shift to a subscription business model by 2020. public.

Data 101

Data Fraud Software Meeting 101

PYMNTS

JULY 18, 2018

million: What PwC was ordered to pay by a judge for failing to detect fraud between a client and a mortgage lender. $1 trillion: The estimated worth of the global market for connected devices by 2025. 1 trillion: Value of loan balances held by credit unions as of March 2018.

Data 100

Data Millennials Fraud Community 100

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

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 Of course, successful retail banking requires more than just technology. By William Atkinson. Reaching customers. Versluys says. “We

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

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

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PYMNTS

OCTOBER 20, 2019

“By leveraging technology to improve transparency and accountability in administrative systems, we are completing in short order what many years of administrative reforms had not been able to accomplish,” said Mahamudu Bawumia, Ghana’s vice president, at the Financial Time ‘s Africa Summit in London last week.

Taxes 106

Taxes Mobile blockchain National 106

PYMNTS

JULY 8, 2016

Nobody, so far, has been able to develop a complete end-to-end technological solution including hardware, payments back end all the way to the acquiring processing,” Klein said. 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.

US 103

US Fraud Mobile Marketing 103

PYMNTS

SEPTEMBER 14, 2016

The Department of Justice recently set up a team to investigate cybersecurity and what it considers to be a threat to national security stemming from driverless cars. C3 IoT is a leading IoT development platform that initially focused on the energy sector but is now tapping the lucrative spaces of fraud detection, health care and banking.

Big Data 100

Big Data Fraud Software Analytics 100

BankUnderground

JUNE 25, 2020

Growth in the stock of financial data has been enabled by technological advances that have increased storage capacity and lowered computational costs. They maintain data centres in these hubs in order to store and process it in a consistent and secure way, and have it analysed by specialist teams. 15 of this report ). Conclusion.

Data 110

Data Big Data Regulation Risk Management 110

NCR

AUGUST 10, 2017

Evolution in technology has always had a big impact on how people live their lives, but this phenomenon has arguably been more pronounced in the 21 st century than at any other time in human history. billion by 2025. million in 2016 to US$38.8 In September 2016, only 12 percent of people held this view.

Industry 75

Industry Retail Innovation Payments 75

PYMNTS

DECEMBER 24, 2019

In five short years, by 2025 , there will be more than 25 billion devices capable of interacting with the internet — up from 9 billion today. One can bet that the ongoing deployment of new 5G mobile network technology will drive things further. More than three-quarters of U.S. Voice makes it the ultimate hands-free experience.

Cards 160

Cards Payments Study Examples 160

South State Correspondent

OCTOBER 25, 2023

After World War II, checks were the hot payment technology and helped fuel the boom that followed. The process was sped up by technology and legislation in the 70’s and 80’s so checks could be scanned and presented faster, but the process remained costly. Checking accounts in the U.S. That is an expensive item.

Fraud 195

Fraud ATM Payments Management 195

PYMNTS

AUGUST 7, 2020

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. Eighty-eight percent of surveyed managers expect the health crisis to increase the threat of financial fraud in regulated industries, including online gambling. .

Online 222

Online System Fraud Video 222

South State Correspondent

JUNE 27, 2023

It’s a way for banks to speak with each other, and it started to be phased in during the first quarter of this year with the goal of a complete conversion by 2025. For example, ISO 20022 provides a set of messages (you can download HERE ) to handle ATM transactions, fraud, account names, and time periods.

System 195

System Data Examples Payments 195

PYMNTS

JULY 25, 2019

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. An uptick in fraud also means a growing online fraud prevention market. Globally, it is set to increase 20 percent between 2019 and 2025.

Fraud 172

Fraud Analytics Security Data 172

PYMNTS

FEBRUARY 2, 2021

Consumers most commonly used QR codes for contactless payments, but they also leveraged the technology to access discounts and information on product packaging, for example. This share of consumers using the technology is also increasing, with the total number of mobile payment users growing by more than 4 percent over the past year.

Fraud 215

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PYMNTS

OCTOBER 16, 2019

billion Internet of Things (IoT)-connected devices around the world by 2025. Consumers and businesses have increasingly employed the technology in a variety of use cases as it becomes more sophisticated, from smart cars to sensors that can be utilized for smart cities. There will be 41.6 Around The IoT World.

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