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Alabama Tests Selfie Authentication To Fight Tax Fraud

PYMNTS

Identity company MorphoTrust USA looks to put a dent in tax fraud and theft by adding an additional layer of authentication security into the mix. The company recently announced a partnership with the Alabama Department of Revenue (ADR). MorphoTrust’s eID works via mobile app.

Alabama 101
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Alabama credit unions targeted in ATM fraud conspiracy

American Banker

Deposits of Listerhill and Avadian credit union customers were compromised by fraud conspirators, one instance in a rise of card skimming cases across the country.

Alabama 36
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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

US 227
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Hacker Tracker: DataVisor’s Global Insight Into Online Fraud

PYMNTS

While the fraud ecosystem continues to rapidly develop and advance, big data may prove itself to be a strong weapon in combatting fraud. With that thought in mind, DataVisor set off on a mission to utilize harness and analyze that could potentially detect fraud and protect billions of users around the world.

Fraud 112
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Old School, New School: TCU Pairs AI And Outreach To Personalize Members’ Experiences

PYMNTS

Avoiding stagnation and competing with other financial providers means that they must invest in new digital technologies and solutions in addition to playing to their traditional strengths, such as low rates and exceptional customer service. This does not mean that CUs can simply rest on their laurels, however.

Alabama 228
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Deep Dive: Digital-First Banking’s Challenges And Benefits

PYMNTS

Banks looking to make the most out of these rare visits must use the latest technologies. Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. Hindrances to Digital-First Implementations.

ATM 151
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Taziki’s Biometric Approach To Order-Ahead

PYMNTS

The many quick service restaurants (QSRs) that have recently adopted mobile order-ahead offerings must provide robust security and customer authentication procedures without sacrificing convenience. Simpson said that hackers are always looking to access sensitive data, and that security remains a high priority for Taziki’s.

Security 122