PYMNTS

NOVEMBER 17, 2017

One area of (overlooked) potential lies with credit cards. As part of that evolution, technology comes into play, as does the opportunity to deepen relationships to the advantage of both the banks and their customers. For community banks, having a credit card program provides more value for the customer.

Community Bank 115

Community Bank Community Cards Lending 115

FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Fraud and Financial Crime Technology Convergence. Should you centralize or converge fraud and financial crimes operations and technology?

Fraud 52

Fraud Technology Management Trends 52

Banking Exchange

APRIL 8, 2020

Fraudsters are posing as health officials or charity workers in order to cheat people into handing over money Risk Management Technology Customers People Mobile Online Cards Security Operational Risk Cyberfraud/ID Theft Compliance/Regulatory Feature3 Fintech Feature Financial Trends.

Risk Management 78

Risk Management Compliance Trends Fintech 78

PYMNTS

MARCH 25, 2020

That means card portfolios can experience changing returns for financial institutions (FIs). For example, having tools that monitor cardholder behavior and automatically trigger actions that drive faster card activation helps get revenue through the door sooner. In dealing with multiple vendors, FIs often operate less efficiently.

Cards 108

Cards Risk Management Management Strategy 108

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

Banking Exchange

OCTOBER 14, 2019

Banks should not learn the wrong lessons, however Payments Technology Risk Management Financial Trends Cards Online Mobile Security Checks/Remote Deposit Capture Tech Management Operational Risk Compliance/Regulatory Cyberfraud/ID Theft Blockchain Fintech Feature Feature3.

cryptocurrency 60

cryptocurrency Company Risk Management Compliance 60

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. Combining this technology with artificial intelligence (AI) can boost customer engagement and have innumerable benefits for FIs of all sizes and types.

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

JUNE 18, 2020

The technology lets users move money sans routing, banking account or credit card number. VMware Head of Cybersecurity Strategy Tom Kellermann said that extremist groups, beyond organized crime, are known to harness alternative payments infrastructure to fundraise and for “operational purposes.”

Bitcoin 141

Bitcoin blockchain Payments Risk Management 141

PYMNTS

MAY 17, 2019

It has created an operating system that helps create and upgrade software applications for financial institutions — much like the way consumer apps get updated on phones. The process can help reduce the money and time for modernization of software for back- and front- office functions like risk management or trading.

Software 134

Software New York Risk Management System 134

FICO

JULY 16, 2019

Shanghai Pudong Development Bank (SPDB) Credit Card Centre (CCC) , one of the leading credit card issuers in China with more than 40 million cards issued, has used FICO® Customer Communication Services (CCS) to boost collections performance while driving down business costs. by FICO.

Cards 40

Cards Big Data Strategy Risk Management 40

FICO

JULY 16, 2019

Shanghai Pudong Development Bank (SPDB) Credit Card Centre (CCC) , one of the leading credit card issuers in China with more than 40 million cards issued, has used FICO® Customer Communication Services (CCS) to boost collections performance while driving down business costs.

Cards 40

Cards Big Data Strategy Risk Management 40

PYMNTS

JUNE 25, 2020

Liquidity Resiliency Through Technology. Embracing the cloud and adopting technologies that promote business continuity in a remote working environment were essential to the survival of many firms. Mitigating Risk. Planning for the future within an organization means mitigating risks that may or may not come to fruition.

Strategy 151

Strategy Management Tools Cards 151

PYMNTS

NOVEMBER 17, 2020

As we continue to focus on enabling digital payments beyond our traditional Corporate Cards, we are investing in solutions to improve the buyer and supplier experience and help solve common B2B payment-related pain points,” said Daniel Brachfeld , vice president for supply chain solutions at American Express. 16) press release.

Payments 144

Payments User Experience Software Risk Management 144

PYMNTS

NOVEMBER 19, 2020

The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed. Transcard Embraces Track for Real-Time B2B Payments. Transcard Embraces Track for Real-Time B2B Payments.

blockchain 260

blockchain Payments Fraud Management 260

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Generative AI: Traditional AI was ever-present in touted solutions regarding fraud, risk management, and the customer experience.

Conference 221

Conference Las Vegas Fraud Case Study 221

PYMNTS

DECEMBER 9, 2020

The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number. Merely adopting digital technologies does not solve for efficiency problems, Prasad noted. Such entities in India were granted relief on Jan.

Video 175

Video Capital Lending Security 175

PYMNTS

MARCH 13, 2019

Corporate spend management technology company Coupa has released its fourth quarter earnings performance and full year for FY2019, pointing to Q4 as “the strongest quarter yet in our company’s history,” according to Chief Executive Officer Rob Bernshteyn. million GAAP operating loss (compared to $9.1

Leadership 116

Leadership Risk Management Management Company 116

PYMNTS

FEBRUARY 27, 2019

The February Faster Payments Tracker , powered by Fiserv , examines the latest instant payment solutions around the globe, as well as how companies are tapping them to support supply chains and other operations. Around the Faster Payments World. New initiatives are also rising in the U.S., Deep Dive: Security in the Time of Faster Payments.

Nebraska 144

Nebraska Risk Management Apple Payments 144

PYMNTS

JULY 8, 2020

The two executives said acquirers need to have better fraud management solutions than ever before, because the pandemic has prompted consumers to use credit cards for more online and app-based transactions. “We You want to be able to manage credit for the lifecycle of the user,” Jha said. Fighting Fraud in a Post-Pandemic World.

Fraud 274

Fraud Management Risk Management Company 274

PYMNTS

JULY 26, 2017

“Our mission is to be the best way to pay for everyone anywhere,” Visa’s Executive Vice President of Technology Rajat Taneja , told Karen Webster in an interview about Visa’s opening of two state-of-the-art data centers in Singapore and the United Kingdom.

Data 102

Data Security Cards Regional 102

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . Card not present fraud’s growth is] a combination of two things,” he said.

Fraud 120

Fraud Retail Cards National 120

South State Correspondent

JANUARY 4, 2023

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. At TNS, this includes managing compliance with regulatory requirements, such as PCI standards, card scheme rules and SSAE16 reports.

Risk Management 100

Risk Management Compliance Management Meeting 100

PYMNTS

JANUARY 20, 2020

In the past, however, the industry would think of fraud and risk management as separate processes and managing the data associated with payment details as well as credentials as a separate task. In today’s payments world, however, many older technologies exist. reconciliation).

Payments 145

Payments Risk Management Fintech Innovation 145

PYMNTS

SEPTEMBER 24, 2020

Every bank can offer ACH and card payments, but application programming interfaces ( APIs ), gathering data from disparate parts of the financial ecosystem, are helping make the bank account the focal point of the corporate’s universe, embedded into the ERP. Those executives will expect improved risk management services from their banks.

Payments 237

Payments Data Fintech User Experience 237

Gonzobanker

DECEMBER 22, 2020

During a busy year we saw Jill supporting her local community, blogging with Mark Cuban, spinning up new PPP technology and innovating with things like curbside banking. For more than 20 years, John has helped City National grow its niched commercial and private banking businesses with strategic technologies. THE TECHNOLOGY AWARDS.

Idaho 170

Idaho Community Industry Strategy 170

PYMNTS

APRIL 24, 2018

“Providing our customers with the option of combining consumer data and small business data with the innovative, machine learning-based technology present in the Commercial Insight Delinquency Score will redefine the U.S. commercial risk management market,” explained Scott Spencer, SVP and GM for U.S.

Leadership 101

Leadership Data Risk Management Operations 101

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. Cloud banking technology firm nCino said it raised $80 million in new funding, the company told PYMNTS this week.

Capital 128

Capital Lending California Regional 128

Abrigo

FEBRUARY 27, 2020

Digital technology standardizes and automates many of the tasks causing the biggest headaches and delays for lenders and credit analysts. They are routinely experiencing processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management.

Lending 243

Lending Survey Data System 243

Gonzobanker

AUGUST 6, 2014

RISK MANAGEMENT – If the cell phone number has been recently changed, the text message requests the customer to call the contact center to receive a verbal release code to give to the teller. Or maybe the customer just needs a debit card to access the funds. This is the way a digital business will use technology.

Risk Management 96

Risk Management eBook Management Technology 96

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.

Online 112

Online Payments Fraud Cards 112

PYMNTS

MARCH 26, 2019

While international growth may seem an opportunity too good to pass up for a small business, Laurent Descout, CEO and founder of corporate cash management FinTech Neo , says hard-hitting fees exacerbate the often damaging threat of currency and exchange rate volatility, leading some firms to give up on global aspirations. “On

Strategy 173

Strategy Management How To Risk Management 173

Independent Banker

DECEMBER 31, 2021

Badger Bank is having trouble finding staff “across the board,” from operations to tellers and trust officers. “We Some of the lines that community banks plan to add include fraud and ID theft protection services, treasury management solutions, wealth management, property and casualty insurance, credit cards and specialized loan products.

Community Bank 144

Community Bank Community Lending Louisiana 144

PYMNTS

MAY 20, 2020

All of this data serves up a rich opportunity for fraudsters to fly under the radar amid the waves of card-not-present transactions, monetizing stolen credentials or trying to complete (false) chargebacks. Some merchants, operating primarily across offline channels, have had to go digital in a hurry. Permanently.

Fraud 208

Fraud Examples Data Tools 208

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. trillion in outstanding auto loans.

Fraud 70

Fraud Data Cyber Security Risk Management 70

PYMNTS

FEBRUARY 28, 2020

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. A recent hack against Pennsylvania-based convenience store chain Wawa exposed credit and debit card credentials issued by hundreds of local credit unions. It also revealed that 60.8

Data 131

Data California Security Pennsylvania 131

Tomorrow's Transactions

JUNE 9, 2020

In 2020, some businesses with a strong digital presence have shown resilience by shifting all their operations online and moving to full-on remote working, adapting to a period of indefinite social distancing. Furthermore, the skills, knowledge, and experience of the workforce are a key part of your operational capabilities.

Resources 82

Resources Risk Management Operations Regulation 82