FICO

MARCH 30, 2023

And I don’t have to worry about back problems from sitting on a small phone book! Both from a cash and a fraud perspective, my curiosity was piqued, and I fell down the rabbit hole to learn more. Fraudsters Love Digital Real-Time Payments All this rapid change is great for one thing — fraud. Where Did My Cash Go?

Fraud 52

Fraud ATM South Carolina Management 52

PYMNTS

FEBRUARY 26, 2020

Below, PYMNTS takes a look at the latest in commercial card innovation. Corporate Spending Innovations (CSI) and Conferma announced this week they’re teaming up to connect CSI’s corporate customers to Conferma Pay virtual card solutions to facilitate corporate travel payments. CSI, Conferma Collaborate on Virtual Cards.

Cards 150

Cards Google Fraud Management 150

PYMNTS

FEBRUARY 21, 2020

Some consumers may wish to travel with their pets or book a room that accommodates their disabilities, for example, while others may want to ensure that the homeshares they are renting are LGBTQ-friendly before finalizing their itineraries. That means … we need to be very, very reactive to the new ways of [creating] fraud.”.

Security 225

Security Fraud Examples Payments 225

PYMNTS

DECEMBER 12, 2019

They must also take a more balanced approach to growth, sidestepping the payments innovation mistakes that established players have already made, according to Colin Gardiner, chief revenue officer for shared RV marketplace Outdoorsy. “We Fraud, Payment Regulations Are Affecting Seamless Payments. The sharing economy 2.0

Payments 137

Payments Fraud Regulation Innovation 137

FICO

FEBRUARY 13, 2020

The fight against fraud is constantly evolving because of the new approaches taken by fraudsters. 2019 was a year full of innovative methods to fight fraud, and we covered these on the FICO Blog. Check out the top 5 fraud blog posts which garnered the most views in 2019. What Is Telecom Subscription Fraud?

Fraud 52

Fraud Compliance Survey Mobile 52

PYMNTS

SEPTEMBER 27, 2019

MyPayrollHR Founder Faces $70M Fraud Charge. The CEO and founder of the New York payroll company MyPayrollHR was arrested and charged in a $70 million bank fraud scheme that left hundreds of small businesses across the country scrambling. How Payment Plans Remove The Risk From Booking Adventure Travel.

Fraud 116

Fraud Fintech District of Columbia Payments 116

FICO

MARCH 30, 2021

While the phrase has become a bit hackneyed (I did grit my teeth a bit while I wrote that first sentence), this past year the pandemic truly impacted not just major parts of our personal lives, but how we handle our fight against fraud and financial crime. .

Fraud 52

Fraud Data Resources Study 52

PYMNTS

JUNE 23, 2020

In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again mulling a potential initial public offering (IPO). Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound. NEW DATA: How Credit Unions Are Innovating To Help Micro Businesses.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

FEBRUARY 24, 2018

The EMV transition had happened by February 2016, and retail fraud had already begun the mass move to online that we’re still enjoying today. Any “Pay with Google” button lets them check out with any card housed in their any of their Google accounts. That seems a bit unfair, as many of the advances were actually pretty good.

Google 103

Google Retail Mobile Apple 103

PYMNTS

MARCH 5, 2019

Perrin-Largilliere pointed to her own firm’s Book with Confidence guarantee, wherein HomeAway offers comprehensive payment protection tied to the transaction. She stated, too, that a fraud detection team is tasked with watching for and preventing account takeovers. A “Test and Learn” Approach.

Regional 148

Regional Mobile Security Fraud 148

PYMNTS

SEPTEMBER 11, 2018

Travel companies know that payments innovation is mission-critical when it comes to acquiring and retaining consumers all over the world. It’s a clear fact in the data — 81 percent of travel firms indicated that payments innovation is on the menu for the next three years, according to the PYMNTS/ Amadeus IT Group Travel Payments Study.

Payments 197

Payments Innovation Study System 197

PYMNTS

JUNE 21, 2016

The effort provides innovative early-stage startups with access to an immersive six-month program where they receive guidance and support from MasterCard on scaling their operations and entering new markets and industries. “It’s not a random set of companies.

Innovation 103

Innovation Groups Operations blockchain 103

PYMNTS

FEBRUARY 14, 2019

The service is powered by Conferma Pay and is integrated directly at the point of sale into all major global distribution systems, including more than 100 booking tools and 500 travel management companies. ” .

Cards 122

Cards Payments Security Fraud 122

South State Correspondent

NOVEMBER 9, 2023

The underlying point here is that banks have traditionally used fraud data on an ad hoc basis. Equally important is for banks to either use a single set of fraud management tools across the organization or at least orchestrate the various fraud tools into a comprehensive unit.

Trends 195

Trends Technology Fraud Data 195

PYMNTS

OCTOBER 7, 2019

While many businesses large and small continue to rely on the legacy method of expense management — that is, requiring employees to front the bill, manually fill out expense reports, and submit spreadsheets for paper check reimbursements in the mail — FinTech innovation has opened the door for significant improvements in this arena.

Cards 129

Cards Analytics Management Data 129

PYMNTS

JANUARY 22, 2019

We all remember cramming — all that coffee and/or soda, all those books, notes and ink stains. Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Fraud Prevention Optimism. Heck, yeah!”. Investment Risk.

How To 144

How To Fraud Online Mobile 144

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

AUGUST 8, 2019

Loyalty can be even trickier when consumer demand is well ahead of FI innovation — as is the case for credit unions, as documented by the Credit Union Innovation Playbook from PYMNTS. percent of CUs actively invested in loyalty and rewards innovations during the past three years. Fraud Concerns. Yet, only 29.4

Fraud 124

Fraud Innovation Customer Experience Branding 124

PYMNTS

OCTOBER 9, 2018

Some of the projects include focusing on using data to improve passenger and driver safety and security, to prevent fraud in transactions on the Grab platform and to fuel its recommendation engine that provides personalized services and content recommendations via the Grab app.

Regional 150

Regional Big Data Mobile Customer Experience 150

PYMNTS

JANUARY 25, 2021

The good news is that throughout 2020, the payments industry has been rapidly innovating and seeking to simplify and automate processes for merchants and consumers alike. Fraud and security issues are significant problems faced by all businesses, but small businesses often have fewer resources to recover. But we could be doing more.

Industry 155

Industry Payments Fraud How To 155

PYMNTS

JANUARY 6, 2020

Square was a newbie, largely written off as a wrought-with-fraud business model that would never survive and scale. As we start this new decade and prep for the innovation that will propel it, there are some things we know, for sure, already. Ten years ago, the world of payments and commerce was in a very different place. All the time.

Innovation 176

Innovation Mobile Software San Francisco 176

PYMNTS

SEPTEMBER 23, 2019

In 1880, he published a book titled “ The Art Of Money Getting ” to share what he had learned as an entrepreneur and local politician in the town of Bridgeport, Connecticut, where he and his family lived. Inertia can be the death knell of any innovation – and in payments, it’s the proverbial showstopper.

Payments 152

Payments Innovation Connecticut Policies 152

PYMNTS

DECEMBER 3, 2018

If the sure-thing principle can be believed, then last week’s Marriott breach of 500 million customer records won’t have much of an impact on the consumer’s decision to book a hotel room at a Marriott property for their next trip. Yet consumer adoption and use of those innovations continues to grow. Until they did.

Fraud 192

Fraud Security Payments Cards 192

FICO

NOVEMBER 12, 2019

At FICO, we have the privilege of working with the smartest, most innovative folks in the financial industry on the thorniest, most complex problems facing the industry. An executive who owns P&L for a consumer lending product line at a large bank was asked about first-party fraud and he compared the problem to a black hole.

Fraud 40

Fraud Resources Industry Groups 40

PYMNTS

JULY 29, 2019

The following Deep Dive explores AI’s fraud-fighting uses and how the technology can offer more personalized services. The FI also unveiled a Facebook Messenger chatbot called ON CHAT that allows customers to pay utility bills and make bookings. Fraud Protection and the Future of Digital Banking in India.

Digital Banking 181

Digital Banking Fraud ATM Mobile 181

BankBazaar

NOVEMBER 20, 2023

Whether it’s cashback on groceries, discounts at your favourite restaurants, or rewards for booking flights or hotels, Credit Cards bring you savings and rewards, thus turning your everyday spends into a smart investment. With a Credit Card, you can shop, dine, and book accommodations all around the world with ease.

Cards 78

Cards Security Policies Fraud 78

PYMNTS

JANUARY 22, 2019

We all remember cramming — all that coffee and/or soda, all those books, notes and ink stains. Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. Fraud Prevention Optimism. Heck, yeah!”. Investment Risk.

How To 108

How To Fraud Mobile Online 108

PYMNTS

APRIL 25, 2017

PYMNTS: How would you define your company’s approach to innovation? JD: There are a couple of factors that define our approach to innovation. First and foremost, our customers are the main source of what drives our innovation. PYMNTS: Where do you look for innovative ideas, and why? Here is an excerpt of the conversation.

Fraud 104

Fraud Innovation Mobile Industry 104

PYMNTS

FEBRUARY 4, 2020

This has a two-pronged effect of making the site more visible and accessible, while reducing vetting and onboarding hassles and, along with them, fraud. “I Along with Gen Z-centric innovations in platforms and exchanges come the usual problems of friction and fraud. Know Your Customer’s Preferences.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

MAY 1, 2019

As the second decade of the 21 st century is drawing to a close, it is almost unimaginable that booking a flight or finding the right hotel room would present as a challenge. They effectively created ways in which they booked tickets that effectively captured the consumer experience,” he said. ” Paying in – and Paying out.

How To 172

How To Trends Payments Branding 172

CB Insights

MAY 23, 2019

Few places are more receptive to new ideas and innovative business models than Silicon Valley. Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. want to know THE TOP 20 REASONS STARTUPS FAIL?

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

NOVEMBER 25, 2018

The Financial Times , citing EU competition commissioner Margrethe Vestager, reported the regulator is looking into price manipulation agreements between airliners, travel agents and flight reservation booking companies Amadeus and Sabre.

System 175

System Industry Regulation Groups 175

Insights on Business

MAY 3, 2019

As the payments ecosystem in Canada continues to expand and evolve, IBM is looking forward to participating with industry leaders, innovators and challengers at the upcoming the Payments Canada Summit , taking place in Toronto on May 14-16, 2019. Payment fraud has become a world-wide $20B per year problem and is growing.

Payments 87

Payments Fraud Security Innovation 87

PYMNTS

DECEMBER 28, 2016

At the transaction level, consumers began to feel like they were more protected from fraud with the introduction of the EMV chip card. While customers were not exactly sure how that fraud protection occurred or about the significance of the chip card, they felt more secure when making their purchases. But with the good comes the bad.

Cards 116

Cards Payments eBook Fraud 116

PYMNTS

SEPTEMBER 26, 2019

Yapstone provides payment services to a variety of marketplace sellers and service providers, giving the company a front-seat view of the changes, innovations and disruptions that will define transactions into the 2020s. Indeed, Villante told Webster that fraud rates have dropped from 25 basis points to four because of data analysis.

Payments 219

Payments Fraud Data Marketing 219

PYMNTS

APRIL 9, 2020

Ovick noted there have been indications that bookings for summer 2021 are starting to gain traction.). Fighting Fraud. And beyond the services verticals — indeed across any vertical, but especially boutique retail — said Ovick, there’s opportunity for ISVs to help merchants combat fraud.

Data 160

Data Software Fraud Retail 160

PYMNTS

MARCH 4, 2020

Corporate Spending Innovations (CSI) has announced that its corporate customers will now have access to virtual card technology to pay for business travel, a feature resulting from its partnership with Conferma. Nixing the personal guarantee is just one way Ramp is looking to compete in the increasingly innovative commercial card market.

Cards 141

Cards Google Management Fintech 141