FICO

MAY 18, 2023

The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS). The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS). Dock began implementing Falcon Fraud Manager in 2019 and added CCS in 2020.

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Fraud Technology social media Innovation 52

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

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Cards Technology social media Meeting 131

PYMNTS

NOVEMBER 16, 2020

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. In an interview with PYMNTS, Ragan said technology developments have enhanced the industry’s fraud-fighting strategies, but customer awareness is still a critical component of preventing bad actors from succeeding.

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Fraud Strategy social media United States 295

PYMNTS

JUNE 17, 2020

Both of these channels are thus perfect targets for fraud, with cybercriminals posing as restaurants on social media and attempting to scam customers of their personal data, and fake reviews driving customers away from restaurants.”. Securing Social for the MOA Future. A Fraudster’s Feast.

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Tools social media Fraud Mobile 141

PYMNTS

NOVEMBER 27, 2019

The expansion of EMV chip-enabled payment cards has made it more challenging for fraudsters to steal credit card information at the point of sale (POS). Cybercriminals are thus increasingly turning to online platforms to perpetuate card-not-present (CNP) fraud. Around The Digital Fraud World.

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Fraud Philadelphia social media Trends 151

PYMNTS

MARCH 20, 2020

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. It takes effort to balance seamless-but-fraud-free user experiences. Main Street USA Was Healthy In February, But Coronavirus Is The Wild Card.

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Technology Apple New York City social media 181

PYMNTS

APRIL 3, 2018

We allege that Centra sold investors on the promise of new digital technologies by using a sophisticated marketing campaign to spin a web of lies about their supposed partnerships with legitimate businesses,” Stephanie Avakian, co-director of the SEC’s Division of Enforcement, said in a statement. Their firm, Centra Tech Inc.,

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social media Fraud cryptocurrency Branding 101

PYMNTS

JUNE 15, 2017

Can data make all the difference in the fight against payments fraud? The discussion played off the findings of a new whitepaper from the firm titled, “Driving Up Conversion with Effective Fraud Management.”. What works in preventing payments fraud at a large airline or telco system may not be germane for an electronics retailer.

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Fraud Data Tools Management 115

PYMNTS

SEPTEMBER 25, 2020

Mastercard Expands Digital Card Program To Include Instant Access, eWallet . Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Have A Credit Card In Your Purse?

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Maine social media Atlanta Massachusetts 153

PYMNTS

SEPTEMBER 11, 2019

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. Fraud Trends. Actors usually get around 70 percent of the face value of the card in bitcoin.”.

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Fraud social media Cards Bitcoin 163

PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

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Security Fraud blockchain Cards 130

PYMNTS

AUGUST 22, 2018

Fiserv, the global provider of financial services technology solutions, announced on Wednesday (Aug. 22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers. According to Fiserv, fraud reached a three-year high of $16.8

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Fraud social media Knowledge Base Cards 101

PYMNTS

MAY 25, 2020

Digital fraud and other forms of financial crime are also on the rise due to the uncertainty and confusion surrounding the crisis. Twenty-two percent of Americans have reported being targeted by COVID-19-related fraud, and these scams have seen more than $1.2 COVID-19-Related Fraud. Secret Service. Several banks in the U.K.

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Fraud social media Security Guidelines 167

South State Correspondent

JULY 24, 2023

As a result, Citizens was able to gain double-digit returns on these technology and marketing investments by increasing transaction account primacy. The app created a point of interaction and made it easy to publish on social media, thereby further amplifying the brand. The press and social media exploded.

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Marketing social media Branding Apple 195

PYMNTS

NOVEMBER 22, 2019

President Barack Obama is warning about the potential negative impact that technology can have on society. President Barack Obama is warning about the potential negative impact technology can have on society. Goldman CEO Denies Claims Of Apple Card Credit Biases. What we’ve seen is that fraud has gone mainstream,” Naumann said.

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South Dakota Apple Taxes Cards 101

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Synthetic Identities and Application Fraud. Innovative Customer Communications for Fraud. Tue, 07/02/2019 - 02:45. by TJ Horan.

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Fraud Analytics Trends Innovation 52

PYMNTS

FEBRUARY 6, 2018

Perhaps the last and best hope in the battle against ID fraud – the kind that brings ruin to credit reports and billions of dollars in losses to card companies and merchants. This is the percentage of new account fraud victims who discover they are, well, victims when they are contacted by a debt collector. Digital DNA.

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Fraud Data Security Cards 120

NCR

JULY 31, 2017

As we explored in the first part of this two-part guide, digital banking fraud is an escalating threat to financial institutions and their customers. Digital banking fraud can take many forms, such as identity fraud and account takeover , which are becoming increasingly common. million in 2016. million in 2016.

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Fraud Digital Banking social media Security 74

PYMNTS

DECEMBER 3, 2019

These bad actors often take advantage of the chaos to steal credit cards, scam merchants and wreak other types of retail havoc. This type of fraud covers for cybercriminals by tricking unsuspecting consumers into believing that they have landed lucrative work opportunities when they are actually participating in criminal enterprises.

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Fraud New York City social media United States 134

PYMNTS

DECEMBER 12, 2016

Gift cards may seem a logical answer. What happens if you buy a card from a store that’s not exactly right for that person? Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. Stuck is stuck, with a tight smile of thanks, and perhaps that card is left in a drawer. But not brand.

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Cards Mobile Branding Retail 100

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Financial institutions (FIs) are not letting fraud trends like scams fade into background noise, but fraud awareness is rising among customers and both the banks and customers are eager to mitigate as much as possible. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

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PYMNTS

SEPTEMBER 12, 2018

In the inaugural issue of the Omni Security And Authentication Report , PYMNTS explores how banks are using technologies like artificial intelligence (AI) and neural networks to identify and build customer profiles and safeguard themselves and their customers against the rising threat of fraud. About the Report.

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Security Report CA Fraud 139

PYMNTS

MAY 3, 2017

While there are plenty of tools that make it easier to get money deposited into a bank or debit card account, there aren’t many that make it easier to ask your friends or co-workers to cough up the cash when you pick up the tab after a night out. For example, in the insurance industry, cloud-based insurance software provider One, Inc.

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social media Report Payments Tools 105

FICO

FEBRUARY 27, 2023

The entries this year reveal great advances in technology and approach as organizations become more sophisticated in the way they solve their most pressing challenges. There was plenty of creativity and moxy in the approaches, business models and technologies deployed by the class of 2023.

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Meeting social media Management Analytics 98

Accenture

OCTOBER 9, 2017

Nowadays, communication is dominated by e-mail, texts and social media posts in volumes that dwarf those of the past using paper. Firstly, cards have no role to play. Necessary in the past to connect merchants with the banking system and enable commerce, technology (for example open APIs) is superseding their role.

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Payments social media Industry Cards 152

PYMNTS

NOVEMBER 11, 2019

Data holds the key to helping modern enterprises develop effective anti-fraud strategies. Many businesses are sitting on massive troves of it, but they are also facing down the three “V’s” of data complexity — velocity, variety and volume — which can make tackling fraud even harder. . Structured Versus Unstructured Data.

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Analytics Data Fraud Tools 116

PYMNTS

JUNE 11, 2019

When it comes to authentication, customers largely prioritize convenience over safety, exposing them to fraud, and putting pressure on merchants and financial institutions (FIs) to offer convenient user experiences without compromising security. Another technology giant is leading the charge with blockchain.

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Online blockchain social media Security 145

CFPB Monitor

JUNE 26, 2022

Similarly, the Federal Trade Commission reports that older adults account for 35 percent of the victims associated with filed fraud reports when a consumer has provided an age. All of these risks have been exacerbated by the COVID-19 pandemic. billion in 2019 to $3.4 billion in 2020. Theft and Scams.

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social media Fraud Resources United States 78

Payments Source

APRIL 26, 2016

The growth of in-app and social media payments may please consumers, but merchants are worried that these new forms of card-not-present payments will expose them to more fraud liability.

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social media Payments Fraud Cards 60

PYMNTS

OCTOBER 18, 2019

In the United States, according to some sources such as Javelin , more than one million children were victimized by identity theft — and the fraud costs their families more than $540 million. When we talk about fraud, whatever kind it is,” he told Webster, “we often talk about susceptibility.” Well, it can take years to discover.

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Fraud Security social media Tools 106

PYMNTS

SEPTEMBER 30, 2019

trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Both are generations that have grown up with technology and feel comfortable using it to purchase products at all price ranges,” he said. Social Media. Counterfeit fraud dollars for all U.S.

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Online Fraud Branding social media 101

PYMNTS

JUNE 13, 2019

Digital identification technology continues to advance, bringing both benefits and drawbacks. Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud.

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Security blockchain San Francisco United States 129

PYMNTS

OCTOBER 1, 2020

“This digital shift is leading consumers to examine just how private their online activities are, with one recent survey finding that 84 percent of UAE consumers have tried to remove private information from websites or social media. percent year over year during the week of Aug. 3D Secure 2.0 3D Secure 2.0

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Regional Regulation social media Security 130

PYMNTS

JULY 3, 2017

It can be buffeted dramatically by shifts in the global economy, emerging technologies and even factors as arbitrary as the weather. The End of Excessive Card Surcharges. A new law is going into effect that will prohibit agents from charging customers fees for using their credit or debit card. The Rise of CNP Fraud.

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Online Payments Fraud Cards 112

FICO

FEBRUARY 7, 2018

Synthetic identities fraud is where new identities are made by blending elements from multiple individuals, making the uncovering of fraudulent transactions more complicated. At our recent annual FICO Asia Pacific Fraud Forum held in Bangkok, Thailand in October 2017, we surveyed 37 executives from financial institutions across the region.

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social media Fraud Survey Analytics 58

PYMNTS

JANUARY 6, 2017

It never takes long for cybercriminals to find new avenues to perpetrate fraud. Fraud On The Line. The victim would send the iTunes card codes to the scammers, which gave them access to the money. In the past, India wasn’t known for large-scale fraud, but that is changing. Ad Fraud Takes Center Stage.

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Video Fraud Security social media 133

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?

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Fraud social media Examples Regulation 52