FICO

MARCH 1, 2022

Fiserv, a leading global provider of payments and financial services technology solutions, has developed a new fraud mitigation service that has reduced fraud losses, which were already low by industry standards, by 10 to 15% for its small to midsize credit union and bank clients. Keeping Up With The Fraudsters.

Fraud 52

Fraud Analytics Cards Tools 52

FICO

NOVEMBER 20, 2019

That is how UBS Card Center, which processes some 25% of card transactions in Switzerland, keeps fraud rates down and cardholders happy. And for the past 20 years, UBS have been using the FICO® Falcon® Platform and working in partnership with fraud experts from FICO. This has led to continual improvements in results.

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Video Fraud Cards Analytics 40

PYMNTS

FEBRUARY 19, 2019

Further proof of that came recently from a young company based in San Francisco called Castle , which helps eCommerce operators such as Touch of Modern and Rue La La to defend against that type of fraud. Fraud Prevention Innovation. Fraud Case Study. Castle, founded in 2015, said it has raised $9.2

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

JANUARY 9, 2020

Issuers sent cards to consumers and providers sent point-of-sale (POS) devices and terminals to merchants. Fraud is always top of mind – and the webinar will address whether the digital age necessarily means higher vulnerability to attacks. Bringing consumers and merchants together used to be a fairly straightforward process.

Payments 151

Payments Case Study User Experience Millennials 151

FICO

DECEMBER 3, 2018

In this continuation of my recent video interview with Jesse Gossman , — a police detective in South Florida, Certified Fraud Examiner, and president of the counter-fraud consulting group Bottom Line Fraud — we discuss how synthetic identity fraud is perpetrated, how the synthetic identities are created, and why they look so real.

Fraud 40

Fraud Video Case Study United States 40

PYMNTS

MARCH 11, 2016

Among the advantages are the ability to offer installments, offering local-based credit cards (that don’t even use the Visa or MasterCard brand), the option to offer better approval ratings locally, avoiding international charges for the consumer, and superior fraud management. IMPORTANCE OF ALTERNATIVE PAYMENTS.

America 100

America Payments Fraud Case Study 100

Banking 2020

OCTOBER 14, 2015

Social network analysis for fraud detection is becoming an increasingly important and useful tool. As payment fraud continues to rise, particularly in the card-not-present (CNP) space, this approach is proving an effective fraud detection technique. Traditional methods for detecting fraud involve a silo approach.

Analysis 40

Analysis Fraud Payments Case Study 40

FICO

JUNE 5, 2019

Credit Card Growth - Response Rates Up, Costs Down. China Minsheng Bank Credit Card Center has used FICO® Blaze Advisor® decision rules management system to help grow its business by creating an intelligent, automated marketing system that delivers targeted offers, which have seen a 10 to 15 percent jump in response rates.

Management 40

Management Cards Case Study Marketing 40

FICO

SEPTEMBER 27, 2017

In 1992, Falcon Fraud Manager was introduced: a neural network-based fraud detection system that detects fraudulent payment card transactions in real-time. Since then, despite the proliferation of fraud types, there has been a dramatic reduction in payment card fraud losses across the globe.

Fraud 61

Fraud System Case Study Study 61

PYMNTS

OCTOBER 23, 2018

As well, digital billing can help reduce healthcare fraud and errors in the $3.5 It does it automatically by deducting it from your credit card without giving out that credit card info, of course.”. trillion-per-year healthcare space. One recent estimate said that incorrectly coded claims result in $6.7 Digital Challenges.

blockchain 173

blockchain Study Case Study Fraud 173

PYMNTS

JULY 12, 2019

Digital wallets for holding plane tickets, credit cards or club memberships have been in use for several years now, but digital IDs still have a long way to go before they can entirely replace their physical counterparts. Governmental Mobile ID Initiatives.

Mobile 108

Mobile National Samsung Case Study 108

Insights on Business

JUNE 28, 2018

Some of the biggest applications of AI today in banking and finance are in front-end customer service like chatbots or virtual agents, or in the securities sector by identifying credit card fraud and helping to detect money laundering/creating digital trust, and lastly in the simple task of automating redundant processes.

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Compliance Case Study Analysis Analytics 70

FICO

FEBRUARY 27, 2023

In fact, this year the winning projects used FICO Platform to do everything from onboarding a customer and digitally delivering a credit card in under 5 minutes to processing 5 billion transactions with a score each day to better understand customer behaviour.

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Meeting social media Management Analytics 98

PYMNTS

AUGUST 30, 2018

All of which are true, Byrne said, so long as one has pounds in their pocket – because many of the merchants in markets don’t take cards, and will politely direct customers to the nearest ATM when they try to pay with one. And more than just simple access, small businesses needed that access to be affordable.

ATM 105

ATM Cards Payments Case Study 105

Celent Banking

APRIL 18, 2016

Digital Payments and Cards. Security, Fraud, and Risk Management. As always, we published a series of reports with detailed case studies of all winning initiatives. Standard Chartered Bank, Korea. Bank of America Merrill Lynch, US. RBC, Canada. Corporate Payments and Infrastructure Modernization. Bank of China, China.

US 100

US Case Study Risk Management America 100

CB Insights

MAY 23, 2019

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. Virgin Hyperloop One’s utopian vision derailed by fraud. WrkRiot’s short-lived house of cards falls down. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

FluentBanking

APRIL 18, 2020

The examinees will also be asked to answer case study based/practice oriented questions. Question setting pattern The question setting patterns will be both narrative as well as practice oriented based on case studies.

Regulation 52

Regulation Case Study Security Management 52

PYMNTS

DECEMBER 8, 2017

Talk is growing of the potential for virtual card technology to address several key points of friction in business payments, especially in corporate travel. But as the virtual card hype builds, some shortcomings have surfaced too. Overall, virtual cards — indeed, commercial cards as a whole — still face adoption barriers.

Cards 108

Cards Payments Management Security 108

Tomorrow's Transactions

DECEMBER 12, 2014

Based on the rate of cash-free transactions and the percent of the population that relies on a debit card, here is a look at the 10 countries leading the pack toward a nearly cashless economy. Make sure you have a credit or debit card on you; the city’s parking meters no longer accept cash or coins. United States.

Cards 66

Cards Payments Taxes Retail 66

FICO

JULY 15, 2020

Thankfully, a modern, platform-based solution like Centralized Decisioning goes far beyond just getting the customer’s name right; it uses artificial intelligence and machine learning to analyze and understand “normal” customer behavior and anomalies that could be an indicator of a soon-to-arise customer need (or fraud). by Bill Waid.

How To 52

How To Study Analytics Knowledge Base 52

South State Correspondent

AUGUST 22, 2022

Commodore’s demise is a case study of how NOT to care about your customers and why business intelligence through proper data architecture is critical. The company slowly pivoted to offering business computers but failed to realize that businesses don’t need high-end sound and graphic cards like gaming computers do.

Data 195

Data Analysis Marketing System 195

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.”

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Conference Payments Fraud Data 195

PYMNTS

FEBRUARY 28, 2020

Mobile order-ahead is one humongous case study in adaptation, and the February 2020 Mobile Order-Ahead Tracker ® shows how some of the most delectable brands in food have been successful at it. No discussion of connected commerce, mobile ordering or the app economy is complete without analyzing the fraud threat.

Mobile 130

Mobile Case Study Customer Experience Study 130

PYMNTS

JULY 1, 2016

KW: This is a fraudster’s dream … you can make a lot of money; how big of a deal is fraud in your industry? KW: You have attracted a very high-end buyer, someone willing to put $10,000 on their card … they want their card to be approved, they want friction to be removed. JS: Well there’s a few different ways.

Case Study 102

Case Study Fraud Online Training 102

Celent Banking

JANUARY 23, 2017

Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity. Payments Replatforming – for the most impressive project to improve payments back office, e.g. payment services hub implementation or cards replatforming.

Risk Management 100

Risk Management Innovation Case Study Boston 100

Abrigo

FEBRUARY 15, 2023

From a transaction-monitoring perspective, the risk and fraud departments should look for rapid transfers between accounts, money mule activity, and transactions with no reasonable explanation for action or source of funds. Fraud - Fraud is believed to be the largest generator of proceeds for criminals in the U.S.

Fraud 195

Fraud United States Training Policies 195

Fintech Labs Insights

AUGUST 16, 2016

Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, case studies, and tutorials at FinDEVr Silicon Valley 2016. To watch all 50+ companies present live, make sure to buy your ticket.

Analytics 12

Analytics Data Fintech Case Study 12

CB Insights

AUGUST 25, 2017

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Gift cards and loyalty programs. Cybersecurity. Real estate.

blockchain 78

blockchain Industry Bitcoin Security 78

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. For millions of consumers accustomed to using credit and debit cards, the proposition of using a fingerprint hasn’t been all that appealing. Harvard Business School case study department, here they come. via CNN Money.

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Capital Company San Francisco Operations 78

PYMNTS

APRIL 27, 2016

Five years later, we’re now a card-not-present eCommerce [company]. For Ziolkowski, who was tasked with building out the company’s fraud risk management program, offering paperless tickets and transactions meant progressing beyond “first generation fraud prevention tools” toward more sophisticated solutions using multi-factor authentication.

Training 100

Training Fraud Security Tools 100

CB Insights

OCTOBER 31, 2017

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. We rounded up 14 more startups whose lessons ranged from fraud and investor dropouts, to logistics issues and product problems. Title: Case Study of a Failed Startup.

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Company US San Francisco Capital 78