PYMNTS

JULY 15, 2020

Another involves heightened fraud vectors swimming like sharks around digital-first first-timers. On the upside, however, is the return of restaurant dining, many cool new takes on it, and the ways that financial institutions (FIs) and FinTechs are partnering to make dining yummy and secure. Defending Trust.

Fraud 150

Fraud Mobile Customer Experience Online 150

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

Fintech 188

Fintech Capital Security Fraud 188

PYMNTS

JUNE 21, 2019

Finding Friendly Ground With FinTech Firms. That is a big revelation — fundamentally, it means that when people are planning their future, saving for retirement or planning a loan for a home, they are willing to trust that to a FinTech simply because of ease of use and access,” she said.

Fintech 163

Fintech Fraud Data ATM 163

PYMNTS

OCTOBER 7, 2020

In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Razer Fintech, Visa Pitch New Prepaid Card to Young Adults in Singapore. SafetyPay has teamed with Rappi for cash solutions and immediate reconciliation.

Puerto Rico 141

Puerto Rico Cards Fintech Payments 141

PYMNTS

NOVEMBER 19, 2019

The fact that fraud is on the rise is not new, nor is it surprising that banks are turning to artificial intelligence (AI) and machine learning to fight back. In the latest Digital Banking Tracker , PYMNTS looks at how banks are currently approaching their use of AI and machine learning in fraud protection and technology innovation.

Fraud 109

Fraud Digital Banking Innovation Data 109

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec. But while digital shopping is transforming brands all over the world, catalogs aren’t vanishing completely.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

JULY 21, 2020

s FinTech sector. Independent Panel To Review UK’s FinTech Sector. s FinTech sector is planning a review of the industry to identify opportunities for growth. Radius Bank: Becoming Partners In Crime Prevention Can Help FIs Beat Fraud Rings. In today’s top news, Adevinta agrees to buy eBay’s classifieds division for $9.2

Fintech 140

Fintech Groups Payments Mobile 140

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).

Fraud 52

Fraud Technology social media Innovation 52

The Financial Brand

JANUARY 24, 2024

This article Why an Identity-Based Solution is Critical to Mitigate Bank Fraud appeared first on The Financial Brand. With the rising sophistication of fraud attempts and attacks, banks and fintechs should consider more identity-centric prevention models.

Fraud 19

Fraud Branding Fintech Banking Trends 19

Gonzobanker

DECEMBER 4, 2019

Recent acquisitions illustrate how data is driving fintech valuations. Fintech deals continue to dominate the financial service headlines, and a growing number of these transactions are in analytics. Data science people include many younger women of diverse backgrounds, so what’s with all the old-white-dude brand names?)

Analytics 100

Analytics Lending Fintech Leadership 100

Insights on Business

NOVEMBER 22, 2017

The changes we see in the global payments landscape, driven by innovative technologies, are fundamentally changing the industry, but they come with a brand new set of challenges. On the other hand, technology capabilities are supporting increasingly complex, sophisticated and global fraud and cybercrime patterns. bn ($5.3Bn).

Fraud 125

Fraud Payments Innovation Industry 125

PYMNTS

MARCH 28, 2019

The inaugural edition — based on input from 3,813 consumers, 102 CU executives and 49 FinTech executives — examines over 190 data points on how CUs pursue innovations related to data security, fraud and anti-money laundering. percent of CU executives base ROI on reducing data security and fraud risks. For example, 49.1

Fraud 139

Fraud Innovation Fintech Security 139

Gonzobanker

MAY 4, 2020

All the capital flowing into the digital fintech space is helping to solve banking industry challenges. As the industry’s appetite for digital technology grows, the capital that’s been flowing into mostly digital-focused fintech is solving real industry challenges right now. SoFi/Galileo: This $1.2 customer impact.

Fintech 109

Fintech FDIC Capital Community Bank 109

PYMNTS

FEBRUARY 18, 2020

This opens the door to new avenues of attack by those who wish to steal data, hijack accounts and make off with ill-gotten gains, as Eric Kraus, vice president of risk, fraud and compliance at FIS , told PYMNTS in a recent interview. Traditional FIs, he said, have been wary of disintermediation by FinTechs. Fraud’s Shifting Landscape.

Fraud 166

Fraud Data Mobile Cards 166

PYMNTS

MAY 6, 2020

Financial fraud costs businesses an estimated $1.45 trillion, and it resulted in almost half of global organizations noting they were victims of fraud in 2018. This includes exploring emerging anti-fraud solutions and the challenges arising in this space as fraud grows more complex. One recent breach at U.S. and the U.S.

Data 181

Data Fraud Tools Technology 181

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. Eighty-one percent of consumers in one recent study said that trusting brands was a major factor in determining whether they would interact with them, for example. and the EU.

Study 192

Study Data Regulation Digital Banking 192

PYMNTS

MARCH 12, 2019

One such brand looking to expand within the next year is German challenger bank N26 , which is seeking to branch out of its native Europe and into the United States. Thailand’s United Overseas Bank , for one, is opening a fully digital brand this year called TMRW. Tapping into Emerging Tech: How Wells Fargo is Fighting Fraud.

Digital Banking 209

Digital Banking Fraud United States Security 209

The Financial Brand

NOVEMBER 19, 2023

This article How a New Report from Silicon Valley Bank Assesses the Future of Fintech appeared first on The Financial Brand. They're back: Silicon Valley Bank issues its first fintech outlook since its historic collapse – and works hard to see the bright side.

Fintech 27

Fintech Report Branding Banking Trends 27

PYMNTS

JULY 27, 2020

Helping brands launch their DTC and subscription businesses with the flexibility to sell how their customers want to buy – and fast – is the future of digital commerce.”. Startup brands are taking advantage, and established players are catching up. Payments Drive Digital Experiences for Brands (and Consumers). is investing.

Apple 206

Apple Branding Innovation Retail 206

PYMNTS

JUNE 8, 2020

Indian FinTech Infibeam Avenues , which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. Cardpay , based in Bengaluru, India, offers a spending management platform to corporations under the brand name “Grit.”

Payments 150

Payments Lending Cards blockchain 150

PYMNTS

JULY 23, 2020

YouTube is seeking to dismiss a lawsuit against it from crypto firm Ripple alleging that YouTube doesn’t do enough to remove scams and fraud, according to court documents. In other news, Ant Group , the FinTech arm of Chinese eCommerce company Alibaba , has launched its own new blockchain brand called AntChain, according to The Block.

blockchain 156

blockchain Groups Bitcoin Fraud 156

PYMNTS

FEBRUARY 24, 2020

Recent research suggests that businesses, including FinTech firms, racing to stay ahead of digital fraudsters’ schemes have further to go. The uptick in fraud, such as the Business Email Compromise, has continued to target areas like bank transactions, despite firms’ increased spending on anti-fraud measures, the survey found.

Software 223

Software Fraud System Survey 223

PYMNTS

JANUARY 23, 2019

Their collaboration links Bitty to Visa Direct functionality, allowing it to brand virtual and physical prepaid and debit cards linked to a business account. The probe centers upon whether some companies have deployed predatory practices or fraud, Bloomberg reported at the time, citing an unnamed source.

Samsung 162

Samsung New York Branding Apple 162

PYMNTS

OCTOBER 6, 2020

DBS Group and Standard Chartered are launching a digital trade finance registry along with 12 other Singapore banks, Reuters reports, with the idea being to help reduce the risk of fraud. Digitization is essential to helping to expand the parameters of availability for global traders, though FinTechs haven't been able to fully capitalize.

social media 160

social media Groups Fraud Operations 160

PYMNTS

OCTOBER 22, 2020

Mitek noted in a press release that its new NFC-enabled “fast lane” can enable “banks, FinTechs and financial organizations onboard their customers more simply and securely.”. We are committed to helping brands grow by putting their customers first and to providing a best-in-class digital onboarding experience.”.

Technology 134

Technology Comparison Security Customer Experience 134

PYMNTS

APRIL 1, 2019

Credit union customers, Lynch said, are regular consumers in their day-to-day lives, which means they’ve got plenty of firsthand experience with the upgrades and improvements to financial services that various FinTech players have injected into the market. That is, if they choose the right FinTech. For example, 49.1

Innovation 141

Innovation Fintech Fraud Security 141

The Financial Brand

APRIL 22, 2021

Virtual debit cards can slash online fraud while an interchange loophole boosts bank and credit union income. The post Fintech Sees a Goldmine of Non-Interest Income in Virtual Cards appeared first on The Financial Brand.

Cards 28

Cards Fintech Fraud Branding 28

Gonzobanker

JUNE 7, 2023

Bonus complication: Any brand would struggle to win over the trust of an audience that may have used the same account for decades. As the researchers at the Financial Health Network in a 2020 report put it: “As our aging population grows and financial challenges continually evolve, so too will the need for inclusive fintech solutions.

Los Angeles 133

Los Angeles Fintech Digital Banking Tools 133

PYMNTS

APRIL 30, 2018

They’re prepaid accounts that run on network-branded rails that come with a network-branded plastic card that its customers can use just like they would a debit card to make purchases. There are literally hundreds of digital banks — all targeted at people who reportedly don’t like banks for one reason or another.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

APRIL 2, 2020

The fraud market is a place full of malign creativity when it comes to stealing in general, and account takeover fraud in particular, he noted. Every entity has an incentive to curb fraud losses; no one wants to let the bad guys take a bite out of the bottom line. And that is the holistic goal, noted Stuppy. Stuppy said.

Fraud 152

Fraud Data Security User Experience 152

PYMNTS

SEPTEMBER 22, 2020

The announcement came after Paya’s decision to go public via a merger with special-purpose acquisition company (SPAC) FinTech Acquisition Corp. The combined firm will remain the Paya brand have a NASDAQ listing under “PAYA.”. TPG of Texas offers payment solutions to over 600 utility firms and governments.

Groups 156

Groups Payments Texas Community 156

PYMNTS

OCTOBER 18, 2020

subsidiary president Greg Braca , according to The Globe and Mail, said in a statement that Plaid's “intentional, unauthorized use of TD’s name and branding is deceptive.”. Plaid, the allegations went, had worked to monetize the data.

New Jersey 312

New Jersey California Software Branding 312

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It’s still going under the stewardship of fintech famous Jim Marous, who modernized the name to Digital Banking Report (and recently opened the archives for free access).

Innovation 15

Innovation Fintech Online Mobile 15

Gonzobanker

MARCH 28, 2024

The digital players are working to differentiate based on stronger customer experience features and tight integrations in areas such as financial health, data-driven marketing and fraud/security. This is an area where speed-to-market competition will be important. #3.

Digital Banking 148

Digital Banking Customer Experience Strategy Exercises 148

PYMNTS

NOVEMBER 23, 2020

Being resourceful entrepreneurs, more SMBs began exploring the universe of FinTech payment offerings last spring and adding app-driven, platform-based solutions to solve imminent cash flow problems. Very rarely … do you hear people talking about check fraud” anymore, she noted. We no longer go to the bank,” Potter told PYMNTS.

Data 143

Data User Experience Fintech Lending 143

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. Fighting Fraud Visibly and Invisibly. Facing Future Fraud.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

JANUARY 30, 2019

The global economy offers a wide range of opportunities for businesses to expand their reach, and promote their brands to new markets. The challenges faced by merchants, banks, FinTech firms, retailers and other players looking to expand globally are also creating a market for potential solutions to their KYC and AML needs.

How To 170

How To blockchain Compliance Regional 170