FICO

SEPTEMBER 27, 2017

In 1992, Falcon Fraud Manager was introduced: a neural network-based fraud detection system that detects fraudulent payment card transactions in real-time. Since then, despite the proliferation of fraud types, there has been a dramatic reduction in payment card fraud losses across the globe. More on that later.

Fraud 61

Fraud System Case Study Study 61

FluentBanking

APRIL 18, 2020

It is important to know thoroughly about the syllabus and regulations of any course before enrolling in that. The examinees will also be asked to answer case study based/practice oriented questions. Question setting pattern The question setting patterns will be both narrative as well as practice oriented based on case studies.

Regulation 52

Regulation Case Study Security Management 52

CFPB Monitor

MAY 13, 2019

On Wednesday, May 8, the Federal Trade Commission hosted a special forum exploring small business lending practices, regulations, and policies. In his opening remarks, Commissioner Chopra noted “[t]he FTC is the sole federal regulator and enforcer in the non-bank small business financing marketplace.”

Case Study 68

Case Study Policies Lending Capital 68

BankUnderground

JUNE 25, 2020

Broadly, the Bank of England receives two main types of quantitative data from regulated firms. Second, and separately, regulators also have access to more granular data on specific types of financial agreements and transactions. The UK is a leading hub for data centres (eg see case study on p.15 15 of this report ).

Data 110

Data Big Data Regulation Risk Management 110

FICO

MAY 20, 2021

Federal Regulators imposed over $200 million in penalties on corporations in just January and February 2021 alone, and many top lawyers feel 2021 will be a record year for AML penalties. Source: FICO customer case study. According to Accenture Consulting, the costs of managing an AML program have increased by as much as 20.6%

Compliance 52

Compliance United States Study Case Study 52

Abrigo

JUNE 4, 2023

Introduction Prioritizing AML compliance resources The regulations laid out in the Bank Secrecy Act (BSA) are intended to promote financial transparency and identify those who misuse the financial system. Civil penalties vary, with regulators authorized to penalize between $5000 and $1,000,000 per violation for each day the breach occurs.

Compliance 195

Compliance Training Resources Regulation 195

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. And others disappear forever.

Fraud 78

Fraud Las Vegas Company Video 78

FICO

AUGUST 15, 2018

Consider the risk modeling scorecard, which has been traditionally lauded by businesses and regulators alike for its predictive capabilities. FICO machine learning capabilities have been around for more than 25 years, initially in fraud and credit risk, and extending to other operational and customer lifecycle use cases.

Analytics 53

Analytics Analysis Data Operations 53

Celent Banking

MAY 20, 2016

The successful completion of the project has placed Alfa-Bank at the forefront for setting standards and best practice methodologies for capital management regulations for the Russian banking industry and Central Bank. For more information on these initiatives, please see the case study abstract on our website.

Security 113

Security Fraud Case Study Risk Management 113

South State Correspondent

AUGUST 22, 2022

Commodore’s demise is a case study of how NOT to care about your customers and why business intelligence through proper data architecture is critical. On top of business intelligence, a bank needs to answer to the regulators to run a business. By 1992, the Company was an afterthought, and by 1995 it was liquidated.

Data 195

Data Analysis Marketing System 195

FICO

JULY 23, 2020

Europe and the USA are the two regions of the world hardest hit by financial crime compliance costs. With the projected total cost of financial crime compliance across the global finance sector estimated to be $180.9

Compliance 52

Compliance Regional Analytics Software 52

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.”

Conference 195

Conference Payments Fraud Data 195

Tomorrow's Transactions

DECEMBER 12, 2014

Sweden is, to me, a terrific case study because it Sweden there is a broad alliance against cash, comprising the labour unions, law enforcement and other groups. We at Swedish Music Hall of Fame and ABBA the Museum want to be in the vanguard of this revolution and if this means a small inconvenience for you, please bear with us.

Cards 66

Cards Payments Taxes Retail 66

PYMNTS

SEPTEMBER 5, 2016

Regulation was a key source of news in the United States, as there was continued debate over payday loans and interest rates focused on consumer fairness and just how information is conveyed as to what borrowers would actually owe. This summer saw the latest release of the Global Fraud Attack Index , and the numbers are a bit sobering.

Payments 100

Payments Apple Retail Online 100

Abrigo

FEBRUARY 15, 2023

From a transaction-monitoring perspective, the risk and fraud departments should look for rapid transfers between accounts, money mule activity, and transactions with no reasonable explanation for action or source of funds. Fraud - Fraud is believed to be the largest generator of proceeds for criminals in the U.S.

Fraud 195

Fraud United States Training Policies 195

Fintech Labs Insights

AUGUST 16, 2016

Early this summer, we started reviewing applications from companies excited to present their latest fintech tools, technologies, APIs, platforms, case studies, and tutorials at FinDEVr Silicon Valley 2016. To watch all 50+ companies present live, make sure to buy your ticket.

Analytics 12

Analytics Data Fintech Case Study 12

PYMNTS

MARCH 7, 2016

The regulators are about to get some watchmen of their own. As Reuters reported Friday (March 4), a watchdog agency based in the United States is getting ready to look into whether the United States Federal Reserve, along with other regulators, has been lax in overseeing the country’s financial institutions. 2008 and Jan.

United States 100

United States CA New York Case Study 100

CB Insights

AUGUST 25, 2017

Ultimately, the use cases for a transparent, verifiable register of transaction data are practically endless — especially since blockchain operates through a decentralized platform requiring no central supervision, while still remaining resistant to fraud. Payments and money transfers. Real estate. Government and public RECORDS .

blockchain 78

blockchain Industry Bitcoin Security 78

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. The company also found itself confronted by conflicting energy program mandates and regulations. Harvard Business School case study department, here they come. A most-wanted founder. via GreenTech Media. via CNN Money.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

OCTOBER 31, 2017

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. We rounded up 14 more startups whose lessons ranged from fraud and investor dropouts, to logistics issues and product problems. Title: Case Study of a Failed Startup.

Company 78

Company US San Francisco Capital 78