PYMNTS

AUGUST 28, 2019

Fujitsu has noted that there has been a shortage of data specialists that can provide credit analysis in the country. Beyond the confines of Europe, Cryptix , a blockchain service provider based in Zug, Switzerland, has said that it acquired Blocktrade, which operates as a digital asset exchange platform.

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

JANUARY 17, 2018

Trend Lab was established in less than three months by its Founder and CEO Tin Mok, reports said, who wants to enhance FinTech across Hong Kong and the Asia-Pacific region. 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

APRIL 29, 2020

POPs can also provide merchants with other, related assistance like risk analysis and support fo r managing transaction flows. Gary Sevounts, chief marketing officer at eCommerce-focused fraud management and identity verification solutions provider Kount, recently discussed this issue with PYMNTS.

Online 192

Online Payments Report Fraud 192

PYMNTS

JULY 21, 2020

With barriers to globalization coming down and new opportunities for growth discovered, corporate treasurers and CFOs are stepping into unfamiliar territory with their cash management operations. ” Challenge Turned Opportunity. These hurdles are, indeed, massive challenges. Yet there is opportunity hidden within the friction, he said.

Management 160

Management Innovation System Fraud 160

FICO

JUNE 12, 2020

In comparison to others in the Asia Pacific region, regulation has evolved due to last year’s Royal Commission, updates to the privacy act as well as changes enacted by global bodies such as the FATF (Financial Action Task Force). Like other advanced financial sectors, Australia has a complex and evolving regulatory environment. and the U.K.

Fraud 52

Fraud Compliance Regional System 52

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

MAY 25, 2018

So it is perhaps with a bit of irony that the eCommerce behemoth known as Amazon , via its Web Services division (AWS), has positioned itself as offering a way for local and regional financial services providers to craft new products, enter new markets and meet the regulatory requirements necessary for worldwide competition.

Regional 109

Regional Regulation Meeting Security 109

PYMNTS

OCTOBER 21, 2019

Furthermore, according to the latest edition of PYMNTS’ PSD2 Tracker , only 40 percent of merchants operating in the European Union that are aware of SCA reported being ready by that date. The goal is for merchants to think about how they will manage the SCA transition, and to develop a fraud and exemption strategy. 14, 2019 deadline.

Strategy 100

Strategy Compliance Fraud Payments 100

PYMNTS

JUNE 2, 2016

This is especially important, he said, where supplier risk extends across several categories, including fraud attempts, bad actors within an organization and operational risk that is specific to a vendor.

Data 100

Data Analytics Fraud Taxes 100

FICO

FEBRUARY 1, 2023

Importance of Broader Data Sets and Real-Time Analysis to Informing Pre-Delinquency Strategies Added to the challenges of early detection is the impact of BNPL and point-of-sale finance. The most critical element of this is the ability to deliver real-time analysis. Matt joined FICO from Barclays where he was global director of Fraud.

Management 52

Management Fraud Strategy Analysis 52

FICO

DECEMBER 2, 2020

Customer journeys driven through a well-designed banking app with mobile phones used for face and document image capture, fingerprint capture, device recognition and keystroke analysis augers well for both account applications and the ongoing authentication of customers returning to use their accounts through their banking app.

Survey 72

Survey Regional Compliance Fraud 72

FICO

NOVEMBER 23, 2021

At Conductor, he helped the payments and banking-as-a-service platform increased fraud detection by 25 percent. Sibulelo Ncamani, head of operational risk and governance at Absa Bank (previous winner). Sibulelo is responsible for operational risk management, valuations strategy, management assurance and governance at Absa Bank.

Meeting 52

Meeting Analytics Risk Management Management 52

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. We hope to get the legislation ready this year.”. Saudi Arabia.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

Jack Henry

APRIL 30, 2014

In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. One such attack by the group Unlimited Operations was able to net over $40 million.

Fraud 88

Fraud Cyber Security ATM FDIC 88

PYMNTS

MARCH 29, 2016

And much of it comes down to heavy-handed fraud controls brought about by three little letters: E.M.V. . “As soon as EMV started to really get pushed down into the [physical] stores, a lot more fraud moved online,” Dangelmaier explained. Not All Fraud Rules Are Created Equal. When Hitting “Buy” Means Bye-Bye.

Fraud 100

Fraud Retail Online Course 100

PYMNTS

NOVEMBER 29, 2019

We have a deep dive on accounts payable (AP) automation, analysis on “Google Checking” and news on the T-Mobile data breach. The Greater Boston Food Bank (GBFB) is among the nonprofits working to feed local communities this holiday season is the which provides food services to 190 towns as well as cities in the eastern Massachusetts region.

Google 129

Google Mobile Data Capital 129

FICO

NOVEMBER 11, 2020

René is currently responsible for the market and liquidity risks teams and the risk modeling team, overseeing credit, market and liquidity models, contributing to policy design and governance at Banreservas; the largest bank in the Dominican Republic and one of the largest in the region. by Nikhil Behl.

Meeting 52

Meeting Analytics Big Data Management 52

FICO

AUGUST 10, 2022

For example, where previously large technical teams would manually adjust different sets of analysis whenever an interest rate change took place, FICO Platform would enable this to be done by one person in a matter of hours and across multiple systems. Matt joined FICO from Barclays where he was global director of Fraud. See all Posts.

Lending 52

Lending Fraud Meeting Data 52

NCR

OCTOBER 17, 2017

Crime-as-a-Service infrastructures enable adversaries to operate on a global scale at light speed. The third trend, gleaned from cluster analysis, is that much of the attack surface is shared across all industries. The analysis revealed that many of the same attack vectors bridged all regions as well as all industries.

Security 45

Security Analysis Regional Industry 45

PYMNTS

MAY 23, 2017

Analysis published Monday (May 22) from ratings agency Fitch concluded that the potential for a spike in trade protectionism is a significant risk to the global economy. “A Raimundo Diaz, head of Americas at TMF Group, and Jason Gerlis, regional director of North America at TMF Group, both chatted with PYMNTS about the findings in the report.

US 100

US Compliance Taxes Trends 100

FICO

MAY 19, 2021

What Is First-Party Fraud? From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. by Matt Cox.

Fraud 52

Fraud Groups Analytics Compliance 52

Insights on Business

AUGUST 28, 2019

In our webinar yesterday, the first in the series AI Fraud Detection — Beyond the Textbooks , we ran out of time and weren’t able to address some great questions we had from the audience. What rules or models can you recommend to detect push-payment fraud”? Here’s why: All fraud models are predictors. Great question!

Fraud 93

Fraud Training Cards Data 93

NCR

AUGUST 18, 2017

A study by Business Insider Intelligence found that the most common reasons that financial services firms in the EMEA region are investing in blockchain is to create new business models or launch startups. Forecasts about medium-term cost savings of key operations are promising. Significant savings to be made.

blockchain 75

blockchain Technology cryptocurrency Study 75

FICO

NOVEMBER 2, 2017

We asked Frank Holzenthal and Claudia Haberland of our TONBELLER team to address some of the issues raised by this survey, from a technical and operational perspective. The more data your organization has available to analyze, the easier it is to recognize trends in money laundering, fraud or terrorist financing.

Compliance 53

Compliance Regulation Data Management 53

Insights on Business

AUGUST 28, 2019

In our webinar yesterday, the first in the series AI Fraud Detection — Beyond the Textbooks , we ran out of time and weren’t able to address some great questions we had from the audience. What rules or models can you recommend to detect push-payment fraud”? Here’s why: All fraud models are predictors. Great question!

Fraud 70

Fraud Training Cards Data 70

Abrigo

JANUARY 3, 2024

While many think of trade, commerce, and cultural exchange when considering this region, ignoring the undertow of illicit activities is impossible—the border remains a hotspot for drug trafficking, illegal arms trade, human trafficking, and smuggling operations, necessitating vigilant scrutiny and transaction monitoring within the U.S.

United States 221

United States San Antonio Training Fraud 221

FICO

DECEMBER 23, 2020

Implementing these new and more effective methods of data analysis to better identify various types of financial crimes (including unusual or abnormal behavior) will be a critical journey. Analysts are hard-pressed to produce intelligent reports quickly.

Compliance 52

Compliance Regulation Data Risk Management 52

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Here are excerpts.

Fraud 52

Fraud Cards Report Analytics 52

FICO

AUGUST 30, 2018

This is a guest blog from Jonathan Williams , an expert in payments, identity and fraud prevention, working for advisory firm Mk2 Consulting. In July, the European Banking Authority (EBA) published their guidelines for reporting fraud under Payment Services Directive 2 (PSD2).

Fraud 40

Fraud Report Guidelines Conference 40

PYMNTS

JUNE 13, 2019

For businesses that operate within the payments ecosystem, playing the long game also means, on occasion, retooling — proactively. focused direct-to-consumer (DTC) operations tied to Whitepages.com. He noted, too, that the businesses, including the B2B operations, had traditionally been funded by the DTC side of the firm.

UX 124

UX Fraud Regional Operations 124

Abrigo

DECEMBER 19, 2019

To grow the loan portfolio, financial institutions are automating the entire life of a loan , starting with the application and origination process, to underwriting and credit analysis, all the way through loan pricing and onboarding process. Fraud Prevention. Fraud Trends. Fraud Prevention. Fraud Prevention.

Lending 195

Lending Fraud Community FDIC 195

PYMNTS

JUNE 27, 2018

CBX uses APIs , machine learning, predictive analytics and other technologies to automate and customize operations for corporate banking and B2B transactions. Contextual banking, in general, can also serve as fraud prevention, he said. Recommended options can be rated for speed, risk, legality, value and cost.

Big Data 171

Big Data Analytics Case Study Data 171

FICO

MARCH 6, 2020

In 2014, I joined Tonbeller as Head of Sales & Channel Operations and became Management Board member shortly thereafter. FICO brings AI and advanced analytics to risk management, fraud detection, collections and much more. Fraud and money-laundering are closely connected. Can you elaborate on that?

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

JANUARY 1, 2021

You hear a lot about the new normal and stuff like that, but I really see it as banking at the speed of life,” said CarrieAnne Cormier , senior vice president of Retail Operations and Strategy at Avidia. The year-over-year increase in cross-border online sales was even more dramatic in other regions. Preventing Financial Crimes.

Trends 259

Trends Video Retail Payments 259

PYMNTS

NOVEMBER 20, 2020

He added that Red Dot’s ties with Temasek , the Singaporean government’s investment fund, also gives the company unique access and insight on a range of regional businesses. For instance, Red Dot recently took a stake in EverC , which deals with fraud detection and compliance on the merchant side. “We

Capital 192

Capital United States Strategy Conference 192

FICO

JANUARY 27, 2022

For two-missed-payment rates, all regions have seen much lower results compared to last year and before the pandemic. It is the only region to be higher than June 2019, prior to the pandemic, by 5%, compared to a drop of 9& in Canada and 23% in the US. Building a successful ecosystem is no mean feat.

Analytics 52

Analytics US Trends Data 52

CB Insights

OCTOBER 26, 2020

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing. Table of contents. The disruption of the IPO.

Management 78

Management Capital Company Marketing 78