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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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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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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

Additionally, Kellerman called for a tax credit to encourage firms in the financial vertical to set aside 10 percent of their information technology (IT) budgets at a minimum toward cybersecurity.

US 227
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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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Regions Bank Makes A Digital Push With The Help Of AI

PYMNTS

Birmingham, Alabama-based Regions Bank is one such bank that is taking a digital-first approach as it seeks to remain competitive. PYMNTS recently spoke with Bradley about how Regions Bank is transforming its 1,456 branch locations and the array of technologies it is leveraging to accomplish its innovative goals. A ROSIE future.

Regional 111