PYMNTS

MAY 31, 2017

That brings up some questions for banks: What are the opportunities for banks with debit, and with branches, and even with ATMs? One way that smaller banks are competing in the market for consumers’ attention is through ATMs, where fleet placement can bring a firm to top of mind and cement loyalty.

ATM 100

ATM Millennials Cards Management 100

Abrigo

MAY 1, 2023

If you know your examiner will always ask for certain things (such as a list of private ATM owners), keep a separate folder for these customers handy. Utilize an online community such as a user group to see what other tips and tricks other AML professionals can offer. We can help you navigate changing AML/CFT and fraud regulations.

Strategy 195

Strategy Training Fraud Software 195

Gonzobanker

SEPTEMBER 21, 2023

NCR announced plans to separate into two independent, publicly traded companies: NCR Voyix , focused on digital commerce, and NCR Atleos , focused on ATMs. CSI partnered with Dragonfly for treasury management and with Hawk AI for fraud and anti-money laundering solutions. Finastra partnered with Glia for digital customer service.

Fintech 103

Fintech Software Illinois Lending 103

PYMNTS

JANUARY 20, 2017

And that, John Buzzard, fraud executive expert of CO-OP Financial Services told PYMNTS, means that the financial services industry must continue to deal with the challenges and security risks associated with magstripe payments as well. New year, new payments technology, same old mag stripes. The Machine-Learning Hype.

Fraud 100

Fraud Cards Security Tools 100

FICO

JUNE 19, 2018

Last week, the National Board for Customer Disputes in Sweden, after reviewing cases referred to them, have ruled that banks should be liable for so-called "push payment" fraud losses over a certain amount. Authorised push payment fraud , or APP fraud, is gaining in popularity in the criminal community.

Fraud 67

Fraud Payments ATM Regulation 67

PYMNTS

DECEMBER 26, 2019

The heart of the embrace and appeal of open-source technology is the need for speed, and to evolve use cases for end users (consumers and enterprises) in a more robust and secure fashion. Security Concerns. That’s just one example of how the open-source movement could help change payments in the coming years.

Software 132

Software Payments ATM Course 132

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. Community banks are constantly looking to the future and identifying what customers want. Jeff Versluys, One Community Bank.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

Abrigo

SEPTEMBER 11, 2023

From a consumer standpoint, we’ve experienced three giant leaps in the fintech industry. Impact of AI Improved access to financial services One was when ATMs became available, and you didn't have to plan your activities around when banks were open. The utilization of generative AI has sparked legitimate concerns about data security.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. The dark web communities allow people to network.”.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

FEBRUARY 28, 2020

Separately, in terms of fraud against companies, banking trojans, malware and ransomware have been coming from the Latin American region, the paper said. This practice is widespread in the Latin American cybercrime community, and threat actors have made millions of dollars. They call this practice ‘compras.’

America 217

America cryptocurrency Regional ATM 217

Independent Banker

AUGUST 26, 2015

Expanding IT security safeguards to cover physical devices. With the prevalence and importance of Internet-enabled devices increasing nearly everywhere, community banks should remember to expand the scope of their security policies and network monitoring to cover their hardware, according to computer security experts.

ATM 70

ATM Security System Community Bank 70

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most community banks, building a trustworthy brand isn’t a conscious effort. But for most community banks, building a trustworthy brand isn’t a conscious effort.

Community 139

Community Community Bank social media Security 139

Independent Banker

JULY 29, 2016

Big Savings—ICBA’s Dan Clancy and Travelers’ Laura Lundin hold a big check representing the $3 million dividend paid this year to community banking participating in the ICBA-Travelers property-and-casualty insurance Preferred Service Provider program. MoneyPass — surcharge free ATM network. ICBA Services Network.

Community Bank 70

Community Bank Community Compliance Lending 70

NCR

JUNE 23, 2017

According to an Accenture survey , senior bank staff who participated believe their cyber security defenses are secure even though one-third of attempts by cybercriminals to breach banks are successful. Online fraud is one of the biggest challenges for the financial community. Cardless ATM transactions are one example.

Fraud 45

Fraud Cyber Security social media Analytics 45

Independent Banker

DECEMBER 13, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., By Ellen Ryan. See sidebar for details on the tool itself.).

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. At the Bank of Luxemburg, a $290 million-asset community bank in Luxemburg, Wis., By Ellen Ryan. See sidebar for details on the tool itself.).

Tools 70

Tools Community Community Bank Security 70

South State Correspondent

OCTOBER 25, 2023

The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash. The Problem with Check Processing – Bank Perspective From the bank perspective, check processing takes labor and fixed asset expenses in the form of branches and an ATM network.

Fraud 195

Fraud ATM Payments Management 195

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Many financial institutions have been using artificial intelligence (AI) for years, particularly in supporting cybersecurity and anti-fraud efforts. How banks and credit unions use genAI today Short supporting copy.

Examples 221

Examples Fraud Resources Risk Management 221

South State Correspondent

JUNE 27, 2023

While this is mostly the domain of large banks, there are three reasons why your community bank should consider adopting this language to increase future bank performance. For example, ISO 20022 provides a set of messages (you can download HERE ) to handle ATM transactions, fraud, account names, and time periods.

System 195

System Data Examples Payments 195

William Mills

MAY 11, 2016

It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security. Customers can store all of their online profiles in one secure location to improve user experience. Adds in Social security. Can add loan documents with image capture via phone.

Video 40

Video Mobile social media Analytics 40

PYMNTS

JANUARY 1, 2021

Smart ATMs are being leveraged en masse to provide a similar range of banking transactions as can be accomplished by human tellers, and many banks are also deploying virtual video meetings so customers can interact with bank staff without leaving the comfort and safety of their homes. Credit Union. Preventing Financial Crimes.

Trends 259

Trends Video Retail Payments 259

CB Insights

AUGUST 23, 2018

The deposits function includes Chase QuickDeposit (digital check deposit) as well as Chase’s new service, cardless ATMs. By using near-field communication (NFC), physical cards are no longer needed for Chase customers to use ATMs. Chase offered 75K bonus points for financing a mortgage with the bank.

Cards 76

Cards Mobile Strategy Branding 76

Independent Banker

NOVEMBER 13, 2014

Here are five technology terms, concepts and activities that community bankers are likely to hear more about and possibly apply in the coming months. Those touch points include branches, online banking, call centers, ATMs, mobile banking, email and instant messaging, and now social media platforms. Omnichannel. Technology as a Service.

ATM 70

ATM social media System Technology 70

Tomorrow's Transactions

MARCH 31, 2020

Consult Hyperion has been alerted to many requests for advice from community groups who normally rely on cash payments, so in response we have drawn up some guiding principles: 1. Asking them to do things differently risks increasing anxiety and leaving them open to fraud. The mix will vary according to the community.

Community 30

Community Groups Payments System 30

PYMNTS

MAY 16, 2016

About a year ago, Walmart SVP and Assistant Treasurer Mike Cook referred to then-forthcoming EMV rules as “a joke,” noting that the signatures required at the end of the transaction essentially invalidated any potential security advance offered by the chip card. Signature is] worthless as a form of authentication,” said Cook.

Google 101

Google Data Policies Lending 101

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 195

Fintech Community Regional Technology 195

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. Community bank marketing resources. Two very strong and focused community banks unite to combine big bank reach with community bank style and make the bet that it can scale to $15 billion and beyond. Did we hear a whaaaa?

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

APRIL 15, 2020

The FBI joined the departments of Homeland Security, State and Treasury in issuing a joint advisory on Wednesday (April 15) about increased cyber threats from North Korea. has also blamed North Korea for the 2014 Sony Pictures breach , the 2016 Bangladesh Bank cyberheist , the 2017 WannaCry attack and the 2016 FASTCash campaign aimed at ATMs.

US 142

US United States ATM Analysis 142

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Customers can use this feature in three ways: ATM access code, mobile wallet access at the ATM, and mobile wallet at the teller. Founded: 2015. Founded: 2014.

Innovation 78

Innovation blockchain Technology Groups 78