FICO

DECEMBER 12, 2022

Some of the patents granted this year that are most meaningful to me include: “Visualization for Payment Card Transaction Fraud Analysis,” which relates to a computer-implemented method and system for visualizing payment card transactional fraud analysis. This technology is incorporated into FICO® Falcon® Fraud Manager.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

Cisco

JUNE 7, 2019

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. The Javelin 2019 Identity Fraud Report notes that, “While existing card fraud losses dropped from $8.1 How can banks effectively combat account takeover, new account fraud, and other modern cyber security threats?

Fraud 48

Fraud Retail San Diego Cyber Security 48

PYMNTS

NOVEMBER 3, 2017

Users can simply ask Siri to send money to contacts, with funds withdrawn from a virtual debit or credit card. The Department of Homeland Security observes October as National Cyber Security Awareness Month. And Apple isn’t alone making P2P payments noise. In India, Google’s latest mobile wallet is also creating a buzz.

Trends 125

Trends Apple Cyber Security Analysis 125

Qudos Bank

MAY 11, 2023

These include: real-time transaction alerts, cyber security practices such as firewalls automatic time-outs and access codes for extra layers of protection. Additionally, your savings are more accessible through online banking options and transaction cards, whenever and wherever you are. link] Australian Banking Association.

Cyber Security 40

Cyber Security Fraud Security Online 40

Payments Source

APRIL 13, 2018

Whether the threat stems from technology or human nature, fraudsters are exploiting any opening they can.

Data 64

Data Cards Payments Technology 64

FICO

MAY 2, 2019

As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Payments Source

MARCH 12, 2019

startup enabling banks to use machine-learning technology to block payment card fraud. The past six years have been a whirlwind for King, who had no experience in the payments industry before becoming CEO of Featurespace, the fast-growing U.K.

Fraud 71

Fraud Cards Industry Payments 71

William Mills

DECEMBER 21, 2017

The fact is that because financial institutions hold valuable consumer data, such as credit card and social security numbers, they are simply more likely to be the target of a cybersecurity attack. As technology continues to change and evolve, cybersecurity tactics are evolving as well.

Cyber Security 40

Cyber Security Study Survey Security 40

American Banker

DECEMBER 13, 2016

As online shopping and card fraud increase, startups offering easy-to-use "burner" cards could see strong traction.

Cards 28

Cards Fraud Online Cyber Security 28

NCR

JUNE 23, 2017

Banks are under cyber attack every day and although this sector has made great strides, their ability to detect a breach and take immediate action is still a work in progress. There are so many different types of cyber attacks and they are dynamically changing every day. billion by 2020. Image: iStock/hh5800.

Fraud 45

Fraud Cyber Security social media Analytics 45

FICO

JANUARY 30, 2017

Harvest Summit : This energizing event, held at a “secret” location in northern California wine country, was an incredible mix of big thinkers from a wide range of companies; organizations from Google to Pepsi sent their most audacious, creative leaders to talk about technology and its wide-ranging impact. The tour continues.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. Those sites are then duped into shipping out merchandise purchased using stolen credit card data.

Mobile 102

Mobile San Francisco Tools Security 102

FICO

APRIL 12, 2017

It’s especially cool to see how FICO customers can realize associated benefits by using our behavioral analytic technology. IDC predicts that in 2017, behavioral analytics across compliance, fraud, and cyber detection and prevention will be in place at 15% of banks, helping them to avoid losses, regulatory fines and sanctions.

Analytics 49

Analytics Fraud Compliance Comparison 49

American Banker

AUGUST 19, 2016

Eddie Bauer acknowledged that a data breach compromised credit cards used in its 350 stores during the first six and a half months of 2016.

Cards 28

Cards Data Cyber Security Security 28

FICO

FEBRUARY 2, 2017

The reality is, every category of technology carries inherent risks, and as people become more connected with technology in every aspect of their lives, we must be cognizant of those risks. New technology creates new risks. We are most familiar with the risks associated with stolen financial data.

Cyber Security 40

Cyber Security Security Data Fraud 40

Gonzobanker

NOVEMBER 17, 2016

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. Megatrend #2 – Secure and Compliant is a Non-Negotiable. How ironic is that in the journey to frictionless? Visit our web site to learn more.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

NCR

DECEMBER 2, 2016

The rising importance of one of the most exciting technologies in financial services – biometric authentication – has been marked by Mastercard’s European rollout of Identity Check Mobile , a payment application that allows users to authorize online purchases using fingerprints or facial recognition.

Security 40

Security Payments Cyber Security Regulation 40

American Banker

MAY 24, 2016

Everyone agrees that electronic transactions should be as safe as possible, but a PIN mandate will not prevent online or mobile fraud.

Cards 52

Cards Fraud Mobile Online 52

NCR

NOVEMBER 14, 2016

From contactless cards and mobile wallets to the exciting potential of biometric data, there are all sorts of innovations having an impact on payments. One of the objectives of this change is to strengthen consumer protection, while enhancing anti-money laundering standards and cyber security.

Payments 40

Payments Regulation Cyber Security National 40

NCR

DECEMBER 7, 2016

Some will tell you it’s the next great frontier in technological exploration, while others might argue that AI, machine learning and robotics will create just as many concerns as opportunities. Luvo will answer simple questions – such as ‘How do I authorize my card to be used overseas?’

Innovation 40

Innovation Cyber Security Fraud Industry 40

Fintech Labs Insights

NOVEMBER 18, 2015

Are you building new financial technology? Arxan announces Cyber Security scholarship program. Thinking Capital earns Deloitte’s Technology Fast 50 Canada Awards. Worldpay employees evaluating use of finger vein technology to authenticate payments at the POS without the need for a card.

San Francisco 12

San Francisco Cyber Security New York Conference 12

Payments Source

NOVEMBER 3, 2017

Jeanne Tisinger spent three decades working at the CIA, where her most recent position was deputy director overseeing the agency’s physical and cybersecurity and information technology spanning more than 100 countries.

Security 64

Security Technology Cyber Security Online 64

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. FFIEC’s Cyber Security Self-Assessment Tool. And the winners are ….

Community Bank 60

Community Bank Apple Community Technology 60

American Banker

JUNE 3, 2016

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

National 28

National Cards Cyber Security System 28

American Banker

JUNE 3, 2016

Comments by JPMorgan Chase's Jamie Dimon have added fuel to the long-discussed idea of a national database that would make it easier for banks to vet customers for anti-money-laundering and other risks.

National 28

National Cards Cyber Security System 28

Gonzobanker

NOVEMBER 1, 2016

Poor planning or missteps here will cost more later on, not only in terms of time and money but also in the bank’s ability to effectively address today’s growing information and cyber security threats. to create a tailored, technology and security risk framework.

Risk Management 60

Risk Management Security Management Tools 60

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Here is our factbase. They expect the breach to cost the company $150 million. It is useless.

Data 40

Data Security System US 40

Lex Sokolin

AUGUST 5, 2019

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Here is our factbase. They expect the breach to cost the company $150 million. It is useless.

Data 40

Data Security System US 40

American Banker

AUGUST 18, 2016

People hold up blockchain as the answer to many security issues, including Swift-related hacks and card-not-present fraud. But distributed ledgers have vulnerabilities, too.

blockchain 28

blockchain Security Fraud Cards 28

American Banker

SEPTEMBER 23, 2016

Yahoo says no bank account or card data has been compromised in its massive data breach. Yet hackers could use their ill-gotten personal information about customers to mess with bank accounts.

Data 28

Data Cards Cyber Security Security 28

American Banker

OCTOBER 17, 2016

Bank is using geolocation to make sure customers' card transactions are approved when they are traveling. It is just one example of how more companies are asking customers to let them track their phones.

Fraud 28

Fraud Examples Cards Company 28

American Banker

OCTOBER 4, 2022

(..)

Cyber Security 69

Cyber Security Fraud Cards Security 69

American Banker

MAY 23, 2016

Seven financial trade groups announced Monday that they are banding together to push legislation that would extend banklike data security standards to retailers and nonbank businesses.

Security 43

Security Retail Data Groups 43

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). During a crisis is not the right time to pass out business cards,” Nelson said wryly.

Exercises 119

Exercises Resources Industry Cyber Security 119

American Banker

AUGUST 18, 2016

The regional bank has consolidated all of its digital operations under a single leader. Find out what he thinks about customer expectations, bots, fintechs and the coming convergence of digital banking.

Regional 28

Regional Digital Banking Fintech Operations 28

American Banker

JUNE 9, 2016

Many financial criminals are switching to a more sophisticated kind of identity theft in which they open accounts based on stolen identities, or on composites of information stolen from different people.

Fraud 28

Fraud Cyber Security Security Cards 28

American Banker

JULY 25, 2016

Now is the time to correct the mistakes of interchange price controls that harm consumers and community financial institutions to the benefit of merchants.

Community 28

Community Cyber Security Cards Security 28