PYMNTS

OCTOBER 31, 2016

With fraud expected to hit $7.2 According to LexisNexis research, card-not-present fraud losses alone are forecasted to increase by $3.2 And while fraud can be costly, it can be downright devastating for companies that choose to do nothing about it. for every dollar lost to eCommerce fraud. IoT growing pains.

Fraud 100

Fraud Security Retail Mobile 100

FICO

AUGUST 16, 2019

First-party fraud refers to an applicant or customer’s intention to commit fraud, whether through use of a true, manipulated or synthetic identity. It’s difficult to define the problem and many banking professionals debate the merits of who “owns” the first-party fraud problem — the credit risk group or the fraud group.

Fraud 40

Fraud Analytics Groups Management 40

PYMNTS

APRIL 30, 2019

Writ large, said Eleveld, the payments industry will likely see card-not-present fraud shift from Europe to more distant shores, where less strict authentication processes are in order. Geographically speaking, in a post-PSD2/SCA world, eCommerce fraud may shift, he said, to places like Latin America and the Asia Pacific region.

Fraud 171

Fraud Online Cards Payments 171

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

FICO

JUNE 15, 2023

Gone are the days of reaching into my pocket for a wallet , counting out bills or wiggling a credit card free or (if you can even remember these days) finding a checkbook and filling out a paper check. Our report opened my eyes because 77% of consumers worldwide say they want their banks to implement better fraud detection in general.

Fraud 52

Fraud South Carolina Survey Management 52

Jack Henry

APRIL 30, 2014

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks.

Fraud 88

Fraud Cyber Security ATM FDIC 88

FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? Per figure 1 below, the shift in odds-to-score for bankcard originations has generally been a parallel one, indicating a systemic shift in risk across the board. Growth in Application Fraud Scoring Solutions.

Trends 63

Trends Fraud Data National 63

FICO

JANUARY 27, 2022

The most popular posts in our Customer Development category dealt with credit card payments, open banking, trends for financial services and small business lending — as well as FICO’s listing as a top risk management firm. The Impact of Covid-19 on Credit Card Payments . Here are extracts from those posts.

Analytics 52

Analytics US Trends Data 52

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

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. The SEC Finding. LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. The Aftershocks.

Lending 135

Lending Fraud Management San Francisco 135

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Congrats to Randy and a great management team. With Venmo charging 100-150bp less that the card networks, merchants will aggressively follow Amazon. Has to be M-O-E. Has it worked?

Fintech 143

Fintech Strategy Leadership Lending 143

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

Gonzobanker

DECEMBER 20, 2019

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.

Idaho 148

Idaho Conference Data Marketing 148

Gonzobanker

DECEMBER 22, 2014

And won’t address the biggest area of fraud growth, which is card-not-present. The app is in the private pilot phase now with 10,000 downloads on the Google App Store (albeit with a one-star rating), with plans for regional and national rollouts in 2015. Risk Management. ??? Strategic Planning. Technology Services.

Los Angeles 101

Los Angeles Apple Risk Management California 101

Jeff For Banks

OCTOBER 24, 2014

We are just getting over Home Depot’s admission of 60 million credit and debit card numbers being stolen over the course of months, eclipsing Target’s data breach. Our Bank’s Senior Vice President of Deposit Operations and Information Technology, Karen Shinn, knows all too well the risk and costs of these breaches to banks.

Philadelphia 84

Philadelphia Conference California US 84

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

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed. Is it in the water?

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed. Is it in the water?

Utah 60

Utah System Community Marketing 60

FICO

DECEMBER 21, 2016

Just as in adjacent spaces — fraud, cybersecurity — analytics help investigators pick the most suspicious activities based on study of a wide range of factors. Kibble, Homeland Security Investigations regional attaché to the Netherlands for the U.S. Bigger criminal enterprises will take over illicit migration.

Compliance 40

Compliance Analytics Taxes Groups 40

Fintech Labs Insights

JULY 16, 2015

BehavioSec’s BehavioMobile offers fraud detection by monitoring device rhythm and interaction patterns that are unique to each end user. Dynamics’ Next Generation Payment Cards crack a 30-year lack of card innovation by embedding a full computer architecture inside a payments card.

Company 12

Company Mobile Software Big Data 12