PYMNTS

MARCH 3, 2020

Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. Other digital-first banks are leaning heavily on ATMs to reduce their overall footprints. Digital-First Banking’s Advantages.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

OCTOBER 25, 2019

Mastercard -owned Vocalink has contracted with LINK through 2031 to continue offering ATM switching and settlement services to roughly 60,000 ATMs in the U.K., An infrastructure partner to LINK since 1986, Vocalink will remain the technology provider that connects ATMs to the LINK network. “We

ATM 100

ATM Innovation Fraud Community 100

PYMNTS

OCTOBER 25, 2019

Mastercard -owned Vocalink has contracted with LINK through 2031 to continue offering ATM switching and settlement services to roughly 60,000 ATMs in the U.K., An infrastructure partner to LINK since 1986, Vocalink will remain the technology provider that connects ATMs to the LINK network. “We

ATM 100

ATM Innovation Fraud Community 100

Celent Banking

FEBRUARY 28, 2017

Product Innovation — for demonstrating the ability to launch multiple innovative products. Capabilities include accelerated check clearing, enhanced mobile wallets, simplified fraud controls, and streamlined charitable donations. New digital channels include SMS/text, ATM and Facebook.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

Product Innovation — for demonstrating the ability to launch multiple innovative products. Capabilities include accelerated check clearing, enhanced mobile wallets, simplified fraud controls, and streamlined charitable donations. New digital channels include SMS/text, ATM and Facebook.

Innovation 100

Innovation Lending Boston Trends 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

FICO

SEPTEMBER 20, 2022

Fighting Fraud with Responsible AI: My Talk with Dr. Scott Zoldi. FICO fraud expert TJ Horan talks fraud management and responsible AI with FICO's Chief Analytics Officer, Dr. Scott Zoldi. As for me, I’m a software guy and payments professional doing my best to roll with the changes in an ever-shifting fraud landscape.

Fraud 52

Fraud Analytics Strategy System 52

PYMNTS

JANUARY 30, 2020

In its Q4 2019 earnings release, Facebook reported a 51 percent spike in expenses for 2019, as the social media platform faces more questions from regulators and policymakers. As fraud evolves, old forms of cybersecurity are not enough to keep up criminals’ increasingly innovative attacks. FICO’s Take on Debit Security.

social media 141

social media Payments ATM Fraud 141

Abrigo

SEPTEMBER 11, 2023

While leaders must learn and stay informed about innovations, it’s helpful to remember in the process that they often result in life-changing improvements for our businesses and our consumers. Take the financial services industry as an example. Let us step back in time and look at the last 50 years.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

JULY 29, 2019

The following Deep Dive explores AI’s fraud-fighting uses and how the technology can offer more personalized services. ICICI Bank has also expanded the chatbot’s functionality since its rollout, and it now allows users to search for ATM locations or branches as well as ask a wider range of questions.

Digital Banking 181

Digital Banking Fraud Mobile ATM 181

South State Correspondent

JUNE 27, 2023

For example, ISO 20022 provides a set of messages (you can download HERE ) to handle ATM transactions, fraud, account names, and time periods. One major innovation is the ability to send an “information only” message to add more data to a transaction message. The smaller your bank, the more you should want to adopt the standard.

System 195

System Data Examples Payments 195

NCR

DECEMBER 27, 2017

It has certainly been an interesting year, with highlights including the 50 th anniversary of the ATM, brand new real-time payment systems being introduced and ongoing preparation for a regulatory shift that could transform the industry as we know it. 50 years of the ATM. The humble ATM celebrated its 50 th birthday in June 2017.

ATM 76

ATM Fraud Industry Security 76

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

Gonzobanker

JUNE 7, 2023

At first glance, the account resembles plenty of others – free ATM access at thousands of locations, no monthly fees and no minimum account balances. Mix in the added drama of regulators condemning the banking-as-a-service model, and there’s added risk. It’s called Charlie , and its appeal is emotional.

Los Angeles 117

Los Angeles Fintech Digital Banking Tools 117

PYMNTS

JANUARY 31, 2020

Banks such as BMO Harris Bank are heavily funding PIN authentication, real-time check scanning and ATMs to meet this demand, but they are discovering an unexpected benefit for bank staff as well. Old forms of cybersecurity are not sufficient to keep pace with fraudsters’ increasingly innovative attacks.

Cards 131

Cards Technology social media Meeting 131

Gonzobanker

DECEMBER 14, 2023

Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. The Bank Regulator Working for Merchants Award! Seems like maybe this has been forgotten when it comes to these regulations. The “What the Hell Are Bankers Doing?”

Fintech 194

Fintech Community Regional Technology 194

FICO

MARCH 14, 2023

The Risks of Retraining For example, perhaps the AI operator is satisfied with the detection of cross-border ATM fraud at a score threshold of 800, and with dollar-value rules that block transactions at $200 when both the score and dollar thresholds are met. How can this be rectified?

Training 52

Training San Diego Strategy Analytics 52

NCR

AUGUST 25, 2017

The Fed task force outlined three key areas where action is needed to maintain momentum in the development of a US faster payments system: governance and regulation; infrastructure; and sustainability and evolution. Next steps. It also called for ongoing research in areas such as cross-border payments and emerging technologies.

US 88

US Payments System Security 88

NCR

DECEMBER 2, 2016

This is clearly an area with huge potential for growth and innovation, but as more and more financial institutions (FIs) jump on the biometrics bandwagon, one of the big concerns for law enforcement agencies and regulators will be the evolving threat of fraud. billion by 2024, up from $126 million last year.

Security 40

Security Payments Cyber Security Regulation 40

South State Correspondent

OCTOBER 20, 2022

We don’t care if it is an ATM, a new branch design, a fraud database, a deposit account opening product, or a core system, time matters. Either the regulation was modified, bank policy didn’t keep up, or technology arose to solve the problem and reduce the inherent risk of the desired action.

Policies 195

Policies Training Customer Experience Examples 195

William Mills

MARCH 30, 2017

The following two days focused on both banking and credit unions with sessions on regulations, revenue strategies, innovations, digital banking and branch banking. Mack also announced that Wells Fargo launched their first cardless ATMs. Overall, Retail Banking 2017 was full of innovation, technology, and networking.

Retail 40

Retail Conference Miami Strategy 40

NCR

JUNE 21, 2016

There are new efforts to boost ATM numbers and regulations around mobile money schemes are being loosened. The problem is that opening an account is merely the start of the process of offering the kind of financial services demanded, such as credit cards, internet banking, or even just access to an ATM.

Payments 45

Payments ATM Cards Dallas 45

Insights on Business

JANUARY 28, 2019

fight fraud more efficiently and accurately. fight fraud more efficiently and accurately. Bradesco Bank has 5,000+ branches, 22,000+ ATMs and one new champion: BIA (Bradesco Inteligência Artificial, with IBM Watson). Credit Suisse is facing an increasing number of regulations and laws each year, and there is no end in sight.

San Francisco 87

San Francisco Analytics Albuquerque Security 87

NCR

DECEMBER 13, 2017

The debate surrounding blockchain – or more specifically distributed ledger technology (DLT) – and its viability for widespread rollout across the global financial system rumbles on, but it seems that we are beginning to see clearer signs of how this area of innovation could have a real impact on the industry.

Las Vegas 76

Las Vegas Payments blockchain Bitcoin 76

William Mills

SEPTEMBER 9, 2016

I believe SEC regulations require a company to go public if they have more than 500 shareholders. I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. Auto-financing is ripe for innovation. Addresses compliance, fraud experience and customer experience analytics.

social media 40

social media ATM Mobile Customer Experience 40

Independent Banker

DECEMBER 13, 2015

No one knows yet how in-depth the regulators might want those assessments.”. That could stifle innovation.”. First State Bank outsources its online banking, item processing, ATM debit processing and mortgage origination application systems. “So Community bankers also had some complaints about the assessment for FFIEC.

Tools 70

Tools Community Community Bank Security 70

Independent Banker

NOVEMBER 24, 2015

No one knows yet how in-depth the regulators might want those assessments.”. That could stifle innovation.”. First State Bank outsources its online banking, item processing, ATM debit processing and mortgage origination application systems. “So Community bankers also had some complaints about the assessment for FFIEC.

Tools 70

Tools Community Community Bank Security 70

PYMNTS

JANUARY 1, 2021

This year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and commerce business. Twenty-one percent of all fraud attacks were waged on mobile transactions in the first half of the year, and 37 percent of them originated from mobile devices. “We

Trends 259

Trends Video Retail Payments 259

Fintech Labs Insights

OCTOBER 16, 2016

In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. since DirectCash Payments has 25,000 ATMs around the globe, primarily in Australia, Canada, and the U.K. Regulation. It’s been one year since EMV regulation in the United States was placed into effect.

Trends 12

Trends Fintech blockchain America 12

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Idea Bank in Poland for its roaming fleet of ATM-equipped automobiles with an Uber-like app available for bank customers to order cash drop-offs.

Community Bank 60

Community Bank Apple Community Technology 60

FICO

DECEMBER 14, 2016

As consumers hopscotch between payment apps, banks will need to have sophisticated and nimble fraud defenses capable of recognizing which transactions, firing in from all directions, are legitimate and which ones may be fraudulent. No regulations! The flip side of that coin is that regulation is work, it’s expensive and it’s important.

Mobile 40

Mobile Fintech Payments Regulation 40