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Slow EMV Conversion Invites Fraudsters to Self-Serve at Gas Stations

FICO

The good news is that FICO is on it—by leveraging machine learning, the FICO® Falcon Fraud Platform is able to capture the latest fraud trends and transform raw data into actionable insights. . Gas stations are a hotbed for fraud. Highest 3 fraud rate states: Nevada, Florida, Michigan. by Scott Zoldi.

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What Grubhub, Uber Can Teach CUs About Loyalty And Rewards

PYMNTS

Mazie Hirono of Hawaii and Dan Sullivan of Alaska entered the bill into consideration earlier this month, and several CU organizations — including the Hawaii and Alaska Credit Union Leagues as well as the Credit Union National Association (CUNA) — have so far praised it. percent of assets.

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CFPB November 2016 complaint report highlights other financial services complaints, complaints from Oklahoma consumers

CFPB Monitor

General findings include the following: As of November 1, 2016, the CFPB handled approximately 1,035,200 complaints nationally, including approximately 27,000 complaints in October 2016. A majority of complaints (51%) involved fraud or scam by debt settlement or credit repair companies as the primary issue.

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CFPB September 2016 complaint report highlights money transfer complaints, complaints from Pennsylvania consumers

CFPB Monitor

General findings include the following: As of September 1, 2016, the CFPB handled approximately 982,400 complaints nationally, including approximately 28,700 complaints in August 2016. The percentage of mortgage complaints submitted by Pennsylvania consumers, 22 percent, was lower than the 25 percent national average.

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CFPB Jan. 2016 complaint report highlights “other financial services complaints,” complaints from NY State/NY metro area consumers

CFPB Monitor

General findings include the following: As of January 1, 2016, the CFPB handled approximately 790,000 complaints nationally, including approximately 20,300 complaints in December 2015. The most common issues identified by consumers were problems with fraud or scams (46 percent) and customer service or relations (21 percent).

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Bustlingly Busy, Visa’s Vistas Expand

PYMNTS

The 20 million active accounts were the headline figure, but Visa has lots of news to share, including a big slate of new merchants: HSN, Alaska Airlines, Avis Budget, Cole Haan, Emirates Airline, FIFA, Marriott, Sam’s Club and — the most eye-catching — Walmart. Visa is also expanding its global footprint.

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