PYMNTS

NOVEMBER 12, 2018

However, these professionals have their own ideas about where corporate payments innovation should be headed. Analysis suggests that executives are pushing for faster internal payments and exploring how the innovation would affect their credit management strategies.

Innovation 111

Innovation Payments Survey blockchain 111

PYMNTS

JUNE 19, 2020

Merchants looking to expand their operations at home and abroad must be able to support their customers’ preferred payment methods, but doing so is no easy feat. Cybercrime has been growing during the pandemic, with instances of fraud on the rise and the average value of attempted fraudulent transactions having increased by $26.

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Still, according to the latest Mercator Advisory Group report on FinTech disruption, B2B payments will have to wait a bit longer to see true change from these innovations. B2B Payments Outlook.

Innovation 100

Innovation Payments Regulation Fraud 100

PYMNTS

JUNE 27, 2017

He also offers advice for how to innovate in the field. Here is an excerpt of the conversation: PYMNTS: How would you define your company’s approach to innovation? We knew that our background in mobile capture and our expertise in using artificial intelligence for image recognition and analysis could be applied to solve this need.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

NOVEMBER 9, 2017

According to Kyriba and researchers at CFO Research , who surveyed 167 financial executives at companies with up to $5 billion in annual revenue, there is a clear winner in terms of what the board of directors is most concerned about in terms of CFO responsibilities: fraud. ” Their concerns aren’t baseless, either.

Risk Management 107

Risk Management Fraud Management Survey 107

South State Correspondent

JANUARY 23, 2023

Our innovation working group, called Spark, has been playing with the tool for the past several months, and this article details how we use it to jump our productivity by 20%. How Bankers Will Use This Amazing Tool Bankers can use ChatGPT in various ways to improve their productivity, operations, and customer experience.

Tools 370

Tools Examples Analysis Data 370

PYMNTS

MARCH 14, 2019

Corporate treasurers are increasingly concerned about a complex regulatory environment, according to the latest analysis from Strategic Treasurer and TD Bank. The 340 survey respondents, based mostly in North America and Europe, revealed their rising concerns over political gridlock in the U.S.

Fraud 115

Fraud Survey Taxes Regulation 115

PYMNTS

JANUARY 14, 2021

One unfortunate result of this shift has been an uptick in fraud, with bad actors taking advantage of digital channels to victimize customers and retailers more easily than they could during face-to-face interactions. How Swap.com Stomps Out Fraud. The secret sauce to preventing fraud year-round is diversification, Brendel said.

Fraud 143

Fraud Miami Security Retail 143

FICO

JULY 1, 2022

Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil). Tue, 07/02/2019 - 02:45.

Fraud 52

Fraud Trends South Carolina Risk Management 52

Celent Banking

MARCH 4, 2017

It is my privilege to be part of the judging panel for Celent Model Bank Awards for 2017 for the following three categories: Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity. At the moment we are staying tight-lipped about who won the awards.

Risk Management 100

Risk Management Fraud Management Case Study 100

FICO

JANUARY 10, 2023

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. In a year that saw the word "scamdemic" coined, scams such as authorised push payment fraud were top of mind, along with various other fraud schemes. Few things change faster in the financial services space than fraud trends. FICO Admin.

Fraud 52

Fraud Cards Analytics Oakland 52

Insights on Business

FEBRUARY 11, 2019

This is magnified by the necessity of a tailored approach while implementing payment fraud prevention as well. The purpose-built real-time ‘dual-access’ datastore for payment fraud prevention. In the past, fraud patterns generally did not change much over time. IBM Safer Payments leads to increases in accuracy, speed.

Fraud 70

Fraud Management Resources Analysis 70

PYMNTS

DECEMBER 26, 2019

One can almost feel it in the bones: the excitement to come in the world of payments in 2020, as innovation sparks new business models and disruption. Red Hat, which launched in 1993, specializes in Linux operating systems — an alternative to Microsoft’s proprietary software.

Software 132

Software Payments ATM Course 132

PYMNTS

JULY 21, 2020

At the same time, however, these innovations have also introduced unfamiliar disruptions to antiquated workflows, creating new challenges for treasurers to understand how to readjust their processes and cash flow management strategies as their role within the enterprise grows more complex and valuable. ” Challenge Turned Opportunity.

Management 160

Management Innovation System Fraud 160

PYMNTS

APRIL 29, 2019

By leveraging innovation, we continue our strategic journey to drive digitization throughout our worldwide operations,” John Ahearn, global head of trade for Citi Treasury and Trade Solutions, said in the press release. “We Innovative technology helps change the game entirely.”. managed services CIO, in the press release.

Analytics 123

Analytics Compliance Innovation Operations 123

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. Priceline Uses AI To Help Fight Fraud. Combating fraud, however, comes at a cost, as burdensome security procedures may scare away legitimate customers.

Fraud 100

Fraud Trends Payments Retail 100

PYMNTS

JANUARY 27, 2020

The recently released Mobile Order-Ahead Tracker , a Kount and PYMNTS collaboration, digs deep into how the consumer experience and consumer engagement are guiding the pizza chain’s newest efforts to innovate in the QSR space. First, a few broad points — data that helps define the context in which Domino’s is operating and innovating.

Mobile 173

Mobile Innovation Analysis Course 173

PYMNTS

MAY 10, 2019

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. In short, the new rule might require companies that deal with ACH payments to retool their fraud detection systems. How much effort will that require, then?

Payments 178

Payments Fraud Security Customer Experience 178

FICO

JANUARY 5, 2021

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. Two of our top five posts focused on digital transformation innovations in biometrics and customer identification.

Fraud 52

Fraud Compliance Survey Google 52

PYMNTS

APRIL 11, 2019

Among the many AI and machine learning systems available on the market, there is one particularly versatile type of AI, having been engineered specifically to enhance financial and payment operations: smart agents. Smart agents can adapt to complex ecosystems, and be assigned to perform particular functions.

System 185

System ATM Analysis Survey 185

PYMNTS

JUNE 26, 2019

Anti-money laundering, data security, mobile/digital payments, fraud-fighting and payment tech rounded out the top five — with each ranking as a lead priority for over 50 percent of credit union executives. percent) of credit union executives naming it as an innovative top priority. Where Analytics Are Working.

Analytics 118

Analytics Data Tools Fraud 118

PYMNTS

JANUARY 27, 2020

The recently released Mobile Order-Ahead Tracker , a Kount and PYMNTS collaboration, digs deep into how the consumer experience and consumer engagement are guiding the pizza chain’s newest efforts to innovate in the QSR space. First, a few broad points — data that helps define the context in which Domino’s is operating and innovating.

US 141

US Mobile Innovation Analysis 141

NCR

JUNE 2, 2017

Among the most talked-about use cases for this technology in banking is improving fraud detection capabilities. So what difference, if any, is there between the two, and what impact will this have on how a bank deploys the technology in order to combat fraud? How does this apply to fraud prevention?

Fraud 84

Fraud Technology Examples Data 84

South State Correspondent

MARCH 21, 2023

This article breaks down how you can use the ERC Assist product to generate deposits in an innovative way. ERC Assist provides clients with a technology platform that showcases bank innovation and demonstrates the bank is forward-thinking. The IRS processes quarter-by-quarter and refunds once each quarter analysis is complete.

Taxes 195

Taxes Community Bank Community Operations 195

FICO

NOVEMBER 24, 2021

The 2022 Chartis RiskTech100® Report is live, and I am proud to announce that FICO ranked 6th overall in the annual report and was named the category winner for: Innovation (5th consecutive year). Financial Crime – Enterprise Fraud. Artificial Intelligence Applications. Retail Credit Analytics. What a way to wrap the year!

Report 52

Report Analytics Company Innovation 52

PYMNTS

JANUARY 17, 2018

The company announced the financial support while noting it aims to develop its own Big Data and AI solutions and to apply blockchain, cloud and SaaS technologies into its operations as well. Hong Kong has emerged as a hotbed for FinTech innovation, especially when it comes to technologies like blockchain.

Trends 116

Trends Big Data blockchain Regional 116

PYMNTS

SEPTEMBER 26, 2019

However, being invisible is not nearly enough for payments operators as the new decade approaches, as Tom Villante, CEO and co-founder of Yapstone , recently discussed with Karen Webster from PYMNTS. Indeed, Villante told Webster that fraud rates have dropped from 25 basis points to four because of data analysis. Role of Data.

Payments 219

Payments Fraud Data Marketing 219

PYMNTS

APRIL 10, 2019

The Association of Financial Professionals released new data this week that revealed the threat of payments fraud continues to climb, particularly for large enterprises, as scams like ACH fraud and the Business Email Compromise climb to record levels. But the latest analysis of U.S.

North Carolina 136

North Carolina Risk Management Leadership Survey 136

PYMNTS

JUNE 24, 2019

Financial institutions are constantly on the hunt for an edge when it comes to mobile banking and other innovations, and that’s playing out with new, emerging 5G mobile network technology. One of the most recent developments comes from Spain-based bank Santander.

Mobile 116

Mobile Fintech Technology Analysis 116

PYMNTS

APRIL 11, 2019

Among the many AI and ML systems available on the market, there is one that is particularly versatile type of AI, having been engineered specifically for enhancing financial and payments operations: smart agents. Smart agent can adopt to complex ecosystems and can be assigned to perform particular functions.

System 100

System ATM Analysis Survey 100

Insights on Business

JULY 30, 2019

Regulators in the US and across the globe are supporting and even encouraging experimentation with new ways to handle financial crime detection, operations and management. Responders were financial services professionals involved in financial crime analysis and investigations, including AML and customer due diligence (CDD).

Study 107

Study Survey Regulation System 107

PYMNTS

NOVEMBER 15, 2017

Unfortunately, blockchain is not immune to this reality,” Deloitte concluded in its analysis. EY Ops Chain and SAP Leonardo will help companies quickly develop and deploy blockchain solutions that connect business operations across their systems, on a platform already widely used by companies worldwide.”. Hewlett Packard Enterprise.

blockchain 130

blockchain Analysis Tools Technology 130

FICO

NOVEMBER 23, 2021

They will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. At Conductor, he helped the payments and banking-as-a-service platform increased fraud detection by 25 percent.

Meeting 52

Meeting Analytics Risk Management Management 52

PYMNTS

SEPTEMBER 2, 2019

In another collaboration with Mastercard this summer, the PYMNTS B2B Payments Automation Innovation Playbook similarly revealed that the demand for AP automation is on the rise. Virtual commercial card technology allows for real-time data capture and analysis, a key benefit for corporates looking to strengthen their spend strategies.

Payments 186

Payments Cards Tools Technology 186

NCR

AUGUST 1, 2017

The most useful in the financial sector will be natural language processing for answering customers’ questions, machine learning for processing back-office operations, replacing humans especially in tedious, repetitive tasks and expert systems with predictive power, able to trade stocks automatically. Fraud detection.

Big Data 111

Big Data Data Fraud System 111

PYMNTS

FEBRUARY 15, 2019

The higher education sector is facing rising pressure to manage spend, as operating costs climb and organizations face greater scrutiny over tuition levels. ” Analysis from the American Association of State Colleges and Universities (AASCU) has confirmed that organizations in the higher education sphere have deeper goals.

Management 123

Management Analysis Fraud Industry 123

FICO

APRIL 28, 2020

The 2019 FICO Decisions Award winners have demonstrated what is possible with a clear business objective, innovative use of technology and a great partnership. Our winners have innovated in lending, supply chain optimization, customer management, debt collection, fraud and financial inclusion. Decision Management Innovation.

Analytics 52

Analytics Fraud Management Innovation 52