PYMNTS

OCTOBER 22, 2018

fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time — sweaters, as this week will be an excellent opportunity to enjoy New England’s crisp fall weather. As of September 2018, losses from gift-card fraud have hit $53 million. Gift Cards’ New Unfavorable Fans.

Data 134

Data Fraud Cards Regulation 134

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

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. T-Mobile Data Breach Puts Personal Data Of 1M+ Customers At Risk. A recent data breach exposed the personal data of over 1 million prepaid T-Mobile customers. Of the 94 million U.S.

Google 129

Google Mobile Data Capital 129

PYMNTS

MARCH 16, 2018

Beyond advising the Faster Payments Task Force on security issues, the group focuses on identifying the challenges and opportunities related to improving payment security, including identity management, data protection and information sharing to mitigate fraud.

Security 100

Security Payments Boston Fraud 100

PYMNTS

DECEMBER 29, 2016

“In the accounting industry, businesses already trust providers of Software-as-a-Service (SaaS) with their most valuable asset: data,” he said. “It The time for this radical shift is now,” Boston Consulting Group declared. Fraud Prevention Remains Paramount. But Banks Continue To Thrive.

Security 181

Security Fintech Boston Fraud 181

PYMNTS

SEPTEMBER 23, 2019

This is a market that Boston-based ButcherBox is catering to by delivering grass-fed, grass-finished meat and other humanely raised, sustainably sourced meat and seafood directly to customers’ doors on a monthly basis. The firm’s growth in customers and revenue did come with an increased risk of fraud. will reach 56.8

Fraud 108

Fraud Analytics Oklahoma Security 108

PYMNTS

NOVEMBER 16, 2018

While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.

Las Vegas 134

Las Vegas San Antonio Report San Diego 134

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

Boston 177

Boston Security System Cards 177

PYMNTS

JUNE 21, 2017

SoftBank is helping out Boston-based digital security firm Cybereason with a big $100 million investment. Cybereason turns machine learning and behavioral analytics loose to process data and flag security issues in real time. Businesses need to concentrate on what happens once the adversaries are inside.”.

Software 100

Software Boston Analytics Security 100

PYMNTS

NOVEMBER 15, 2019

Amazon To Build $40M Robotics Innovation Hub Near Boston. Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. New Data: How Subscription Box Merchants Can Contend In The Amazon Age. Deutsche Bank told U.K.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

OCTOBER 31, 2016

From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.

Payments 100

Payments Boston Retail System 100

Insights on Business

FEBRUARY 6, 2018

According to Boston Consulting Group, banks across the world have paid nearly USD 321 billion in fines since the financial crisis of 2007 and 2008, as the regulators are more focused than ever on compliance. Safer Payments: Improve transaction integrity within all-cashless payment channels with rapid fraud prevention capabilities.

Compliance 87

Compliance Analytics Boston Regulation 87

PYMNTS

APRIL 7, 2017

With President Trump’s claim of voter fraud on a massive scale in the 2016 presidential election, it may be time for the country to rethink its voting process. This isn’t the first time that there have been issues with voting in the United States — or wild claims of voter fraud.

blockchain 102

blockchain Technology United States Florida 102

PYMNTS

FEBRUARY 18, 2019

trillion a year, reported Mansion Global, citing data from Accuity, a global risk and compliance company. Money laundering through real estate is about $1.6 Patrick Hinchin, vice president of commercial strategy at Accuity, said in the report that money laundering through real estate is becoming more common in Australia, America and the U.K.

Las Vegas 182

Las Vegas San Antonio San Diego Fort Worth 182

PYMNTS

APRIL 11, 2016

“Commerce and financial services have moved online, and identity-based authentication has become a strategic imperative for banks, payments processors, and eCommerce merchants looking to mitigate risk, avoid fraud and comply with growing regulatory scrutiny.”.

Boston 100

Boston Leadership Software Online 100

PYMNTS

APRIL 26, 2019

According to Brent Feldman, chief marketing officer for Boston-based fast-casual eatery B.GOOD , the best way to figure out what customers wanted out of its app was to listen to them. The QSR industry is particularly appealing to bad actors, as many related apps store credit card information and other highly desirable data.

Mobile 139

Mobile CA Boston Cards 139

PYMNTS

AUGUST 3, 2016

As Faster Payments become a reality, the issue of fraud is taking center stage. Beyond fraud, fees have also been a focus of banks and consumers, as many financial institutions are considering charging extra for advanced Same Day features. What’s happening in the world of Faster Payments.

Boston 100

Boston Fraud Strategy Payments 100

PYMNTS

JANUARY 17, 2018

The industry paid $321 billion in fines just through the end of last year, estimated Boston Consulting Group. These solutions are siloed,” he told Webster, and, at the same time, “there is not a lot of historical data about AML.” He cited data that is part and parcel of conducting other types of transactions. The end result?

System 102

System Technology Boston Data 102

PYMNTS

MARCH 9, 2017

FBI Director James Comey discussed cybersecurity issues at a Boston College cybersecurity conference this week, highlighting that Americans should let go of their expectations of “absolute privacy.”. There is no such thing as absolute privacy in America; there is no place outside of judicial reach,” Comey made clear to the crowd.

Conference 110

Conference Boston America Security 110

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." Takeaway 2 Generative AI models emulate data put into them to generate apparently new content such as text, images, audio, or video. For example, banks and credit unions must comply with strict data privacy laws.

Examples 221

Examples Fraud Resources Risk Management 221

CB Insights

NOVEMBER 9, 2018

According to the data, that distinction goes to firms with telematics business units such as Verizon and TomTom. More sophisticated claims handling around accident reconstruction and fraud tracking. billion miles of driving data via the Progressive Snapshot mobile app. Increased customer engagement and safety.

West Virginia 54

West Virginia Boston US Mobile 54

PYMNTS

DECEMBER 1, 2016

Boston-based company Cybric is a relative newcomer on the cybersecurity scene, but it’s re-envisioning how developers test the security of their applications. “If If you look at the cybersecurity landscape, there are over 1,220 solutions and tools,” said Mike Kail, Chief Innovation Officer at Cybric.

Security 100

Security Boston Operations Innovation 100

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. I was reminded yesterday in my digital discussion with the CEO of Forter, Michael Reitblat, that 83 percent of the fraud attacks last year were the result of botnets, besting some of the more “tried and true” tactics like account takeovers and phishing. Angela Ahrendts.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

PYMNTS

JANUARY 26, 2021

California did not have sufficient security measures in place to prevent this level of fraud, and criminals took advantage of the situation.”. As the largest state, California’s crisis is certainly grabbing a lot of attention, but it is far from alone in the fight against fraud. In a press conference on Monday (Jan.

Fraud 206

Fraud California Washington Boston 206

PYMNTS

FEBRUARY 18, 2019

We had roughly 340 execs register to listen live to the two of us banter about the people, processes and tech necessary to do more than simply rebrand what’s typically described as the fraud and risk departments of digital platforms. Facebook uses that data to better serve targeted ads. But wait a second.

Cards 169

Cards Course Study New York 169

PYMNTS

MARCH 17, 2017

With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. The dispensary can sell, and the patient or customer can buy, but if a bank or card network helps to enable that payment in any way, they are facing federal wire fraud charges, which means cannabis is solely a cash business these days.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

MAY 27, 2016

Located in suburbs of Boston in the three cardinal directions that don’t lead to the Atlantic, the workspaces-within-a-store will range between 2,500 and 3,500 square feet and will feature dedicated areas for quiet and communication-heavy work. “We Using Data To Stop Data Breaches.

Retail 100

Retail Las Vegas Millennials Conference 100

Cisco

MAY 29, 2019

And it’s not just about happy customers… Boston Consulting Group data indicates personalizing customer journeys can lead to a 10-30% increase in revenue. Customers will inevitably face data breaches, identity theft, and fraud. Sometimes, regardless of preventative measures and safety nets, the worst-case scenario occurs.

Customer Experience 71

Customer Experience Retail San Diego Study 71

PYMNTS

SEPTEMBER 3, 2018

In June, CNBC reported that Holmes was indicted on criminal wire fraud charges— though she remains chairman of the Theranos board, despite the charges. million in tokens for DENT, a mobile data ICO; and over $1.1 A few days later, PayPal announced plans to purchase fraud prevention and risk management platform Simility.

Branding 100

Branding Cards Fraud Marketing 100

PYMNTS

OCTOBER 13, 2016

In London too, Apple Pay works on the Underground, buses and trains, and the company is keen to serve Boston, New York and other cities with tap-and-pay mobile services. businesses are underestimating the problem says a global survey from Plano, Texas-based NTT DATA. Operator East Japan Railway Company alone served 17.4

Mobile 100

Mobile Payments Apple Samsung 100

Cisco

MAY 29, 2019

And it’s not just about happy customers… Boston Consulting Group data indicates personalizing customer journeys can lead to a 10-30% increase in revenue. Customers will inevitably face data breaches, identity theft, and fraud. Sometimes, regardless of preventative measures and safety nets, the worst-case scenario occurs.

Customer Experience 48

Customer Experience Retail San Diego Study 48

PYMNTS

OCTOBER 20, 2018

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). Don’t worry if you didn’t remember to get us a present – we didn’t want to make too big a deal out of it, so we didn’t remind you. Of course, we don’t really expect or even want gifts for our ninth anniversary.

Innovation 177

Innovation Payments Cards Retail 177

Independent Banker

OCTOBER 29, 2014

“Banks still hold a trust advantage when it comes to safeguarding personal data and using data in the best interests of their customers.”. Banks still hold a trust advantage when it comes to safeguarding personal data and using data in the best interests of their customers,” agrees Teresa A.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. The mechanic of digital conduits, and the consent, open the door to digitization and data aggregation, simplifying and streamlining daily financial life.

Fintech 285

Fintech Data Regulation Innovation 285

Gonzobanker

DECEMBER 17, 2021

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. This is the age of alternative credit data, AI and robotic automation. The Data Award – Goes to Suncoast Credit Union , Tampa, Fla.

Fintech 143

Fintech Strategy Leadership Lending 143

PYMNTS

JANUARY 20, 2020

regulators have levied $126 million in fines for data violations since mid-2018, Google CEO Sundar Pichai calls for international cooperation in artificial intelligence (AI) governance and U.K. UK Regulators’ Data Violations Fines Top $126.5M. In today’s top payments news, U.K. Regulators in the U.K.

Google 130

Google Regulation Data Boston 130

Fintech Labs Insights

SEPTEMBER 19, 2016

Company COO Todd Shollenbarger said, “We’re going to replace what you know (passwords) with what you are (biometrics) to safeguard enterprises from fraud and data breaches.” Oxford and London), as well as in Boston, Massachusetts; and Timisoara, Romania. The company also has offices in the U.K.

New York City 12

New York City Massachusetts Boston New York 12