Bobsguide

MARCH 30, 2020

In 2016, the global fraud detection market was valued by Allied Marked Research at $13.6bn. Fast forward to today: according to Fortune Business Insight, the global market for anti-fraud solutions will grow from $19.3bn in 2018 to $110bn in 2026. The growth is exponential, and the banking,

Security 141

Security Fraud Marketing 141

PYMNTS

SEPTEMBER 11, 2019

percent: Projected CAGR of the global AML software market as measured from 2019 to 2026. million: Average annual AML compliance spending for Canadian firms with less than $10 billion USD in total assets. 10,000: Number of KYC images from crypto exchange Binance allegedly accessed by a cybercriminal.

Security 192

Security Compliance Data Software 192

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. These worries regarding connected vehicles are, in a broader sense, tied into larger security issues involving the Internet of Things (IoT) — to which all those cars and trucks will connect.

Security 119

Security System Operations Report 119

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Financial institutions (FIs) are not letting fraud trends like scams fade into background noise, but fraud awareness is rising among customers and both the banks and customers are eager to mitigate as much as possible. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Payments South Carolina Compliance 52

PYMNTS

SEPTEMBER 12, 2019

The latest AMC/KYC Tracker examines current efforts to stop money laundering, fight fraud and improve customer identity authentication in the financial services space. A 2019 study underscored this point, discovering that even though the AML software market is slated to grow 15.25 The Cost of Compliance. Cryptocurrency and Blockchain.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. There appears to be strong demand for such services, too, with the global open banking market projected to increase in value at a compound annual growth rate (CAGR) of 24.4

Security 151

Security Fintech Data Comparison 151

PYMNTS

DECEMBER 1, 2017

At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. drivers’ license numbers. drivers’ license numbers.

New York 144

New York Data Regulation Washington 144