South State Correspondent

MAY 13, 2024

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” More states require greater disclosure and control over what banks and card processors can charge.

Conference 195

Conference Payments Fraud Data 195

FICO

FEBRUARY 28, 2018

But how can it best be used to fight application fraud? It was not much before Deep Blue, in 1992, that FICO pioneered the use of artificial intelligence and machine learning to fight credit card fraud. Fraud losses on US credit cards were reduced by over 70% since the introduction of FICO’s real-time anti-fraud analytics.

Fraud 69

Fraud Analytics Regulation Examples 69

Fintech Labs Insights

JUNE 16, 2016

Along with the usual payment and lending startups, two insurtech companies raised substantial rounds: Embroker ($12.2 EZBob landed a $25 million debt commitmen t to increase its SMB lending. Consumer credit card management. Fraud detection for ecommerece & financial services. Total fundings in second quarter hit $8.4

San Francisco 12

San Francisco Company South Carolina New York City 12

Gonzobanker

DECEMBER 22, 2015

Now, to avoid any cue card and teleprompter issues, we’ll just go with the written list again this year. In the age of Twitter, Apple Pay and Lending Club, it’s important to remember the shareholder performance delivered by Gleason and team when compared to the behemoths. Popular Community Bank in Miami. And the winners are ….

Community Bank 60

Community Bank Apple Community Technology 60

Fintech Labs Insights

JULY 21, 2016

Gift card payment network. Alt-lending marketplace for consumers. Tags: SMB, expense management, employees, accounting, bookkeeping, fraud detection, risk management. Total raised: $52.7 HQ: Berlin, Germany. Source: Crunchbase. Invoice lender to small businsesses. Latest round: $30 million Debt. Total raised: $30+ million.

New York City 12

New York City Fintech Company San Francisco 12

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Notable projects: A blockchain mortgage lending application looks to harness the power of blockchain technology and apply it to the mortgage industry. Founded: 2017.

Innovation 78

Innovation blockchain Technology Groups 78