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People's United Bank On How ML And Rules-Based Analysis Work In Tandem For Fraud Prevention

PYMNTS

Connecticut-based People’s United Bank has seen this trend in action in recent months, said Karen Boyer , the financial institution's vice president of financial crimes and fraud intelligence. Cash users [shifted] to physical cards and the physical card users [shifted] more to.

Analysis 165
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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Recent days have brought the debut of the “first mobile-enable lottery card” in the state, according to the companies behind the card, Linq3 and Blackhawk Network. The product combines the gift card with the lotto entry, and here’s how it works, according to statement announcing the launch. Lotto and Payment Cards.

Ohio 103
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The 14 Biggest Insurtech Events & Conferences in 2023

Fintech Labs Insights

These are the largest events in the insurance industry geared towards technologists, program managers, marketers, developers and C-Suite execs at both legacy insurers and upstart insurance tech firms. Below is our curated list of the best global insurtech events and conferences in 2023.

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Mobile Payments Fraud: How Strong Is Your Defensive Line?

FICO

Seeing the flutter of sawbucks gave me a flashback to one of my first payments memories, from the early 1980s, when the Connecticut Bank and Trust Co. While ApplePay and most fill-in-the-blank “pays” are secured with debit or credit cards, other newer entrants are funded directly by checking or savings accounts.

Fraud 64
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Smaller Firms Targeted For Big Hauls By Payments Fraudsters

PYMNTS

Separately, and in a case involving payment card fraud, Navajo Times reported that Director Jesse Delmar of the Division of Public Safety is “on his way to being sanctioned with 20 percent of his salary” in the wake of a June order from a committee. In some cases, she sold those goods online. Want another way and means of fraud?

Payments 104
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Fintech Fundings: 38 Companies Raised $300 Million First Week of June

Fintech Labs Insights

Online insurance. HQ: Rocky Hill, Connecticut. Prepaid debit card for youth. Tags: Advisors, institutions, investing, trading, risk management. Total dollars raised YTD is now $16 billion, nearly double the $8.4 billion raised during the same period a year ago. ——-. Latest round: $134.5 Total raised: $134.5 Avenues India.

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Partnerships, Pivots And Bookended Data Breaches

PYMNTS

For the initial launch earlier this year, Uber partnered with GoBank — drivers who signed on with Instant Pay would receive an Uber Debit Card from GoBank tied to a mobile bank account offered by Green Dot. debit card that is attached to a traditional checking and savings account. It’s your money. Twenty U.S. Twenty U.S.

Data 100