PYMNTS

MARCH 2, 2020

By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. Instead, she noted, an estimated $240 billion is going out the door to fraud, waste and abuse (FWA). Healthcare in the U.S. is a massive industry. in 2017 on healthcare services.

Fraud 216

Fraud System Security Leadership 216

PYMNTS

JULY 16, 2020

percent by 2027, when it will reach a total valuation of $87.6 Algorithmic tools designed before March are having trouble predicting consumers’ behavior during the pandemic, and some firms are upgrading their fraud screening systems so they are better able to predict consumer behavior.

Mobile 181

Mobile Payments System Bitcoin 181

PYMNTS

OCTOBER 2, 2020

Credit and debit card fraud increased in April 2019 and April 2020, in fact, as fraudsters take advantage of the crisis for personal gain. billion by 2027, propelled by a compound average growth rate (CAGR) of 25.7 This puts pressure on merchants to find ways to make their operations PCI compliant, and fast.

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

SEPTEMBER 22, 2020

Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice. Deep Dive: Why The Pandemic Is Pushing Up The Cloud Compliance Innovation Curve.

Compliance 191

Compliance Digital Banking Security Online 191

NCR

DECEMBER 13, 2017

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

Las Vegas 76

Las Vegas Payments blockchain Bitcoin 76

PYMNTS

APRIL 17, 2017

As an infrastructure company, ClearBank, Ogden said, is giving banks an option to replace their existing core systems with an incredibly modern infrastructure that will improve their processing efficiencies, risk- and fraud-proof their operations, and enable a number of new financial services capabilities. Unclogging The Pipes.

Innovation 101

Innovation Fintech System Regulation 101

PYMNTS

JUNE 23, 2020

trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. Merchants must also develop strategies for mitigating the frictions that go along with sending and receiving funds across borders, such as fraud and data security risks, exchange rate volatility and chargebacks.

Payments 162

Payments America Tools Analytics 162