PYMNTS

SEPTEMBER 6, 2018

Compliance and risk? Automating that compliance is now a “need to have.”. Compliance and risk officers have the unenviable task of finding out, sometimes after the fact, that not all the boxes are checked — if they even knew the boxes were there for checking in the first place. Plugging In To Plugins.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

South State Correspondent

OCTOBER 26, 2023

The discussions were healthier, more compliance-focused, and with little expectations that banks were going to offer crypto to their customers any time soon. Few speakers or vendors had solutions for how banks are going to efficiently index, manage, and optimize their knowledge base, not to mention customer data.

Conference 221

Conference Las Vegas Fraud Case Study 221

FICO

JULY 21, 2019

The use of static card details such as PAN and CVV has been ruled out of use as both a knowledge-based factor and as a possession factor — somewhat contrary to an earlier opinion from the FCA. Re-establishing the use of passwords will be a significant project.

Knowledge Base 40

Knowledge Base Conference Analysis Security 40

PYMNTS

SEPTEMBER 22, 2017

A large number of banks and online sites still rely on knowledge-based authentication. The generation of the match score confirms if the individual holding the card is the actual owner of the ID card. We also keep a close eye on emerging cyber threats and data breaches. You know the ones.

Innovation 140

Innovation Knowledge Base Online Mobile 140

PYMNTS

MAY 15, 2018

For instance, knowledge-based authentication is well-understood by users – but the answers to security questions can be socially engineered without too much trouble just by visiting victims’ social profiles. This method, Patel said, also ensures that organizations are meeting compliance and regulatory requirements.

Fraud 129

Fraud Training Security Compliance 129

FICO

JUNE 8, 2020

This can include credentials, such as usernames and passwords, identity documents, knowledge-based information and payment details. For example, a complete digital identity is worth more than a partial one, and platinum credit cards are worth more than standard cards.

Fraud 52

Fraud Training Data Knowledge Base 52

PYMNTS

SEPTEMBER 12, 2019

In only two days, banks, payment providers and merchants in the European Union will finally hit the controversial deadline for compliance with Strong Customer Authentication (SCA). Both merchants as well as payments providers have expressed worry over how this difference in opinion may affect card abandonment and online purchase behavior.

Regulation 126

Regulation Google Compliance Knowledge Base 126