NCR

AUGUST 29, 2016

The number of EMV payment cards in global circulation had rocketed more than 40 per cent year on year by the end of 2015, new statistics from EMVCo have revealed. billion ‘chip-and-pin’ cards when the data was collected, and 35.8 The region’s chip card adoption rate jumped to 52.3 There were 4.8

Cards 75

Cards Regional National America 75

PYMNTS

MAY 19, 2017

Even as some countries move away from physical currency in favor of more modern payment methods, demand in larger nations means the Asia-Pacific region is still clinging to cash. With China and India driving economic growth, countries in the Asia-Pacific region are estimated to spend some $8.1 trillion in cash payments in 2015.

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Report Regional Analysis Payments 136

PYMNTS

SEPTEMBER 30, 2019

In early May, Mastercard, in partnership with Edenred Bank and SEDESSON, the Mexico state agency for social benefits, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history.

Boston 177

Boston Security System Cards 177

PYMNTS

JULY 19, 2019

Payroll Fraud Could Cost KeyCorp $90M. Cleveland-based regional banking firm KeyCorp disclosed a massive instance of fraud that could potentially come at a cost of $90 million. The company said in a K-8 filing that the fraud involved a “business customer” and that it was discovered “on or about” July 9.

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PYMNTS

JUNE 5, 2017

The malware that was the culprit lifted customer account numbers and internal verification codes from magnetic stripes on payment cards. The data could then be used to do lots of damage, including shopping online and making “clone” cards to use other places. Chipotle will be liable for any fraud that results.

blockchain 109

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PYMNTS

OCTOBER 28, 2019

The firm was the first money transfer company to use Unified Payments Interface (UPI), which was developed by the National Payments Corporation of India under Reserve Bank of India (RBI) guidelines. They are solving the FinTech acceptance problem in an entirely new way through 10 pivotal markets in the Asia-Pacific region.

Payments 101

Payments Guidelines Fintech Regional 101

PYMNTS

JULY 22, 2019

KeyBank’s Costly Payroll Fraud Problem . Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. A loss for KeyCorp – but by far not the weeks’ biggest, or most explosive case of fraud. Starting with.

Data 100

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PYMNTS

MARCH 25, 2019

The Netherlands, for instance, only recently implemented it because it needed to make sure that consumers’ personal data will remain protected, as payments in the region are mostly digital. To foster trust and grow customer awareness, DNB has launched a national media campaign.

Regional 108

Regional Regulation Data Payments 108

FICO

FEBRUARY 9, 2023

As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? million stolen through fraud in the UK last year, payment scams (or authorised push payment fraud or APP scams) accounted for 41%. A quarter of all losses to payment fraud is under £100. And what can banks do?

Fraud 52

Fraud social media Examples Regulation 52

CFPB Monitor

MARCH 12, 2019

Credit card fraud was the most common type of identity theft report. Florida, Georgia, Nevada, Delaware, and Tennessee had the highest fraud reports per capita. Notably, the Data Book’s summary excludes reports related to the National Do Not Call Registry and reports about unsolicited commercial email.

Nevada 74

Nevada Georgia Florida Delaware 74

Abrigo

AUGUST 31, 2023

From a security standpoint, forcing customers into Western nomenclature can lead to missed OFAC specially designated nationals (SDN) list matches, and open-source information searches could be lost or overlooked. Regions serving these communities must have alternative KYC procedures to benefit members and prevent undue stress and anxiety.

Compliance 195

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PYMNTS

FEBRUARY 4, 2019

Some of the highest activity has been reported in Europe, with a recent report finding that 90 percent of the region’s banks have been sanctioned for money laundering in the past decade. The United Nations Office on Drugs and Crime (UNODC) estimates the market for global money laundering is worth approximately $2 trillion per year.

How To 161

How To Regulation Compliance Meeting 161

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. The machine also has a 21-inch screen that allows consumers to interact.

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San Francisco Retail System New Jersey 130

PYMNTS

JANUARY 7, 2019

WhatsApp Pay began testing its service in that country earlier this year with reports of roughly one million users, processing roughly one million transactions per month, according to people close to the National Payments Corporation of India (NPCI). Warby Parker contacted law enforcement when it found out about the breach.

Data 139

Data Wyoming Idaho Utah 139

FICO

FEBRUARY 25, 2019

Put another way, across all FICO Score ranges, the likelihood that a consumer with a newly issued bankcard will pay that card as agreed has decreased. Speaking of emerging pressures, will 2019 be the year that the streak of 8+ consecutive years of increases in the average national FICO® Score comes to an end? revolver vs. transactor).

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Trends Fraud Data National 63

PYMNTS

NOVEMBER 14, 2016

Some national and regional markets are more willing to accept AR than others. Those numbers look pretty different by region. And every one of those downloads required users to give up email information, search history and even payment card credentials. And users happily did (that’s hype for you).

Security 100

Security Regional Data Examples 100

PYMNTS

FEBRUARY 10, 2017

With a goal of expanding its presence across the Nordic region, Enterpay, based in Finland, has raised new funding from NFT Ventures, the companies said Monday (Feb. Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said. B2B Payments. Alternative Lending. Capital Float.

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Fintech Capital Lending Data 100

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Performance and multiples continue to be solid, outperforming most regional banks. Bank Merger of the Year.

Fintech 143

Fintech Strategy Leadership Lending 143

FICO

FEBRUARY 1, 2023

Despite many families so far managing to maintain their financial commitments — loans, credit card and mortgage repayments, as well as essential bills like utilities and rent — there are fears that rising inflation and interest rates may see a significant number struggle to make ends meet.

Management 52

Management Fraud Strategy Analysis 52

FICO

JUNE 21, 2021

In a year that presented fraudsters with new opportunities to exploit consumers, UK financial institutions continued to lead the charge to reduce European card fraud. However, other nations did not fare as well. Source: FICO European Fraud Map. . UK Led European Fraud Reduction. UK Led European Fraud Reduction.

Fraud 52

Fraud Cards Study Data 52

Insights on Business

AUGUST 28, 2019

In our webinar yesterday, the first in the series AI Fraud Detection — Beyond the Textbooks , we ran out of time and weren’t able to address some great questions we had from the audience. What rules or models can you recommend to detect push-payment fraud”? Here’s why: All fraud models are predictors. Great question!

Fraud 93

Fraud Training Cards Data 93

PYMNTS

APRIL 7, 2017

Visa/Paypal International Focus : The Visa/Paypal relationship is now expanding to the Asia-Pacific region, where a variety of in-store payment methods will be explored, and forthcoming, working with and possibly even helping expand mobile wallet adoption. Hacking, Hacking Everywhere : The venerable Samsung brand may be under attack.

Samsung 100

Samsung San Francisco Alaska Mobile 100

FICO

AUGUST 10, 2022

Matt Cox is vice president and general manager of Europe, the Middle East and Africa for FICO, overseeing operations across the region. He is a seasoned executive with 20 years global experience within the financial services industry, specializing in fraud and financial crime across all products and services. See all Posts.

Lending 52

Lending Fraud Meeting Data 52

FICO

NOVEMBER 8, 2022

Strong Fraud Protection Could Draw More Customers - Survey. Fraud protection is now firmly on the radar for consumers and has risen substantially as a deciding factor - it could even be a competitive advantage for banks. In the UK, trade bodies have called for fraud levels to be considered a national security threat.

Fraud 52

Fraud Survey Security eBook 52

PYMNTS

SEPTEMBER 3, 2018

In June, CNBC reported that Holmes was indicted on criminal wire fraud charges— though she remains chairman of the Theranos board, despite the charges. All of this was coincident with reports of widespread app outages, with MoviePass running out of money and taking a short-term, high-interest loan just to fund member purchasing cards.

Branding 100

Branding Cards Fraud Marketing 100

FICO

MAY 19, 2021

What Is First-Party Fraud? From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. by Matt Cox.

Fraud 52

Fraud Groups Analytics Compliance 52

FICO

JUNE 23, 2023

Home Blog Feed test Is Hyper-Personalization a Game Changer for Fraud Management? But fraud must be a consideration here too. Done right, a hyper-personalized experience is the key to some major challenges faced by fraud departments today. It has the potential to positively transform the customer’s experience of fraud controls.

Fraud 52

Fraud Management Customer Experience Strategy 52

Insights on Business

AUGUST 28, 2019

In our webinar yesterday, the first in the series AI Fraud Detection — Beyond the Textbooks , we ran out of time and weren’t able to address some great questions we had from the audience. What rules or models can you recommend to detect push-payment fraud”? Here’s why: All fraud models are predictors. Great question!

Fraud 70

Fraud Training Cards Data 70

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

FICO

AUGUST 30, 2018

This is a guest blog from Jonathan Williams , an expert in payments, identity and fraud prevention, working for advisory firm Mk2 Consulting. In July, the European Banking Authority (EBA) published their guidelines for reporting fraud under Payment Services Directive 2 (PSD2).

Fraud 40

Fraud Report Guidelines Conference 40

CB Insights

APRIL 10, 2019

The university was granted a patent around “hallucinating facial features” — a method to help law enforcement agencies identify masked suspects by reconstructing a full face when only the periocular region of the face is captured. Tracking these changes could better position hospital staff to more effectively monitor and treat patients.

Industry 78

Industry Examples Security Technology 78

FluentBanking

APRIL 18, 2020

The Institute will indicate the name of examination centre and Roll Number of the candidate in the Admit Card. The Admit Cards of the candidates of Dhaka city will be sent by the Institute to the Local Office/Zonal Office/Regional Office/Administration Department of the Head Office of their respective bank/financial institution.

Regulation 52

Regulation Case Study Security Management 52

PYMNTS

SEPTEMBER 19, 2018

Meanwhile, other CUs are turning to collaborations with technology partners to better serve their members by enabling greater access to account-to-account and peer-to-peer (P2P) transfers, in addition to fraud mitigation services. Meanwhile, in the U.S.,

ATM 108

ATM Report Kentucky Resources 108

PYMNTS

MARCH 23, 2016

The Payment Card Industry Security Standards Council (PCI SSC) announced Tuesday (March 22) that it is joining forces with the European Card Payment Association (ECPA) to further the fight against global payment data theft. We’re looking forward to ECPA’s active participation on every level of the council.

Security 100

Security Data Payments Regional 100

PYMNTS

SEPTEMBER 30, 2016

That was the date that lives on in payments history since it was the date that Target announced it had been the victim of a massive POS breach that exposed the card data of some 40 million consumers. Counterfeit fraud has declined by more than 50 percent compared to the same period a year earlier. Those are the more cheerful figures.

Fraud 100

Fraud Cards United States Payments 100

Abrigo

JANUARY 13, 2021

Department of Homeland Security, traffickers might use violence, fraud, manipulation, or false promises of well-paying jobs or romantic relationships to lure victims into some type of labor or commercial sexual act. Human trafficking involves the use of force, fraud, or coercion to exploit someone. According to the U.S.

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Training Fraud National United States 195

PYMNTS

JUNE 23, 2016

The convenience of credit cards and slimming consumer wallets may suggest that hard cash is slipping away as a preferred method of payment. In Germany — where, until recently, about 50 percent of eCommerce transactions were paid for by Cash on Delivery (CoD) — consumers are also continuing to choose cash over credit cards. The result?

ATM 102

ATM Cards Analysis Trends 102