NCR

AUGUST 7, 2017

Past trends in the financial services industry have shown that criminals waste no time in finding weaknesses in new technologies to commit fraud. But does this really offer an accurate picture of the prevalence of contactless card fraud, and are banks doing enough to protect their customers from this threat? million (US$8.7

Fraud 85

Fraud Cards Security Comparison 85

FICO

MARCH 10, 2022

I’ve been writing recently about the results of our recent global consumer fraud survey. But like most things, it’s not as simple as it sounds, as large customer groups are likely to switch banks if they are dissatisfied with their response to a fraud management incident (more on that in a moment). a biometric). your mobile phone).

Fraud 52

Fraud Survey Cards Customer Experience 52

FICO

JUNE 25, 2019

When designing a strategy for detecting and preventing fraud, everyone always comes to the same conclusion—there is no silver bullet. Consequently, experienced fraud management executives are constantly experimenting and evaluating new data sources, scores, models, algorithms and technologies for that competitive edge.

Fraud 40

Fraud Comparison Compliance Industry 40

FICO

JUNE 25, 2019

When designing a strategy for detecting and preventing fraud, everyone always comes to the same conclusion—there is no silver bullet. Consequently, experienced fraud management executives are constantly experimenting and evaluating new data sources, scores, models, algorithms and technologies for that competitive edge.

Fraud 40

Fraud Comparison Industry Customer Experience 40

FICO

JUNE 24, 2019

When designing a strategy for detecting and preventing fraud, everyone always comes to the same conclusion—there is no silver bullet. Consequently, experienced fraud management executives are constantly experimenting and evaluating new data sources, scores, models, algorithms and technologies for that competitive edge.

Fraud 40

Fraud Comparison Industry Customer Experience 40

PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The firms are operating using distributed ledger technology (DLT), which has been growing — in 2018, the number of firms using it sat at only 27 percent by comparison.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

PYMNTS

OCTOBER 9, 2020

Attorney General William Barr said that while cryptocurrency could fundamentally transform how human beings interact and how we organize society, “ensuring that use of this technology is safe and does not imperil our public safety or our national security is vitally important to America and its allies.”. Lagging Consumer Use Cases.

cryptocurrency 205

cryptocurrency Bitcoin US Security 205

PYMNTS

AUGUST 24, 2017

3D-Secure 2.0 In this case, though, that upgrade comes to a security protocol designed to strengthen security around online credit card transactions, but which has seen little change since its inception 17 years ago. and CA Technologies to give it an overhaul. Frictionless/Dynamic Customer Challenge Technologies.

Security 102

Security CA User Experience Mobile 102

FICO

APRIL 12, 2017

It’s especially cool to see how FICO customers can realize associated benefits by using our behavioral analytic technology. IDC predicts that in 2017, behavioral analytics across compliance, fraud, and cyber detection and prevention will be in place at 15% of banks, helping them to avoid losses, regulatory fines and sanctions.

Analytics 49

Analytics Fraud Compliance Comparison 49

Insights on Business

AUGUST 22, 2018

Integrating the content and enabling the assessment of applicability of regulatory changes through technology makes the process more efficient and effective while allowing meaningful changes to be made. IBM’s innovative technology , powered by Watson, offers that end-to-end approach. Obligation identification and comparison.

Compliance 79

Compliance Innovation Technology Policies 79

PYMNTS

OCTOBER 8, 2019

On the one hand, this is good news, Bayliss told PYMNTS in a recent interview, because a phased supervisory period presents an opportunity for all the stakeholders in the payments and commerce ecosystem to make sure they are technologically and operationally prepared to roll out the best possible version of technology that supports SCA.

Compliance 156

Compliance Security Industry Regulation 156

PYMNTS

MAY 28, 2019

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. billion – of funds were lost to card fraud in 2018, up from $1.4 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JUNE 13, 2019

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

Cards 187

Cards Security United States Technology 187

PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. FIs therefore cannot afford to drag their feet on implementing open banking, but many may be concerned that third-party access to customer data will exacerbate security challenges.

Security 151

Security Fintech Data Comparison 151

PYMNTS

JULY 11, 2017

Research suggests companies are turning to corporate cards for their security as well. It also cited research from the 2017 B2B Payments and Working Capital Management Survey, which found more than a quarter of businesses plan to spend in excess of $250,000 on payments technology.

Cards 100

Cards Comparison Groups Report 100

PYMNTS

SEPTEMBER 14, 2018

Hotel price comparisons are also included in the feature, allowing users to see their prices stacked up against others on a gradient: low, typical and high. Download the inaugural Payments Powering Platforms Tracker to read the interview with Sutter, along with the latest payments security headlines.

Payments 108

Payments Google Comparison cryptocurrency 108

PYMNTS

JANUARY 22, 2020

But as a new webinar from PYMNTS showed, retail success is not exactly some mysterious process; it simply requires close attention to changing consumer trends and new technologies, including those centered around payments. They were born into a world with this technology and access,” Parsons said. Trust Issues.

Retail 137

Retail Millennials New York City social media 137

PYMNTS

OCTOBER 18, 2016

As a result, researchers concluded, businesses are likely upping their investment in prevention and detection measures via integration of in-house technologies and expertise. ” Who’s At Risk? ” Who’s At Risk? . ” Who’s At Risk? ” Shred-it’s Pollack agreed.

Data 100

Data Training Security Analysis 100

Independent Banker

MARCH 15, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

Independent Banker

FEBRUARY 24, 2015

Technology companies are releasing ever-more sophisticated and accessible biometric authentication systems for banks, from real-time voice recognition, to fingerprint and ear scans, to facial scans via selfies, to detecting an individual’s particular behavior patterns. Avivah Litan, a technology analyst at Gartner Inc. in Potomac, Md.,

San Francisco 70

San Francisco Community Bank System Technology 70

PYMNTS

SEPTEMBER 14, 2016

The total investment activity came down to a less-than-impressive $204 million, which pales in comparison to past weeks when we’ve seen $1 billion or more. The Department of Justice recently set up a team to investigate cybersecurity and what it considers to be a threat to national security stemming from driverless cars. trillion–$11.1

Big Data 100

Big Data Fraud Software Analytics 100

Gonzobanker

MARCH 6, 2020

To stay relevant, banks and credit unions need to continually evaluate their people (organization, staffing, roles), processes, technology and enterprise/departmental strategic objectives to ensure they are achieving optimal performance. Technology: The ‘Must Have’ List Is Growing.

Operations 93

Operations System Groups Technology 93

FICO

MARCH 18, 2020

We recently commissioned a survey of 5,000 people across 10 countries to better understand how people view security when they open or use their accounts. With acceptance of biometrics becoming mainstream, and the need for fraud protection ever front of mind, how can banks use biometrics in order to be more effective and efficient?

Fraud 52

Fraud Analytics Samsung Comparison 52

PYMNTS

APRIL 29, 2016

PYMNTS recently connected with Awad, Hozaifa Abdalla , Xiaoyu Zhou , Hansel Lobo and Kenneth Schnall to learn more about what inspired their winning innovation, how it all came together during HackPSU and the potential real-world applications for the technology moving forward.

Comparison 100

Comparison System Online Cards 100

PYMNTS

DECEMBER 1, 2017

At the time, Uber – at the directive of its chief security officer – hid the breach and paid hackers about $100,000 to destroy the data. The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. By comparison, U.S. drivers’ license numbers.

New York 144

New York Data Regulation Washington 144

FICO

DECEMBER 21, 2018

The good news is that 2019 will also provide a tipping point: these same organizations will be shocked into taking a more clear-eyed assessment of their cyber security posture, and strong actions to improve their cyber defenses. I’ve long thought that securing services through biometric credentials is, at best, a flawed notion.

Cyber Security 40

Cyber Security Comparison Policies Data 40

PYMNTS

MARCH 24, 2016

SECURITY AND PRIVACY — CAN WE HAVE IT ALL? With respect to payments specifically, where the encryption of payment information is a vastly different issue than the encryption of communication channels, the balance of having both security and privacy may be more achievable. “Encryption is one of the best ways to protect data.

Security 100

Security Data Training Apple 100

FICO

JULY 7, 2016

There’s no doubt about it––the Internet of Things (IoT) is shaping up to be the mother of all technology trends in 2016. We need the right intelligence and security onboard, in the devices, in order for them to become aware when they might be manipulated or failing. That can be a problem. The power of self-learning analytics.

Analytics 63

Analytics Examples Security Fraud 63

CB Insights

JULY 25, 2019

Startups are now eyeing opportunities to develop fintech services aimed at helping older individuals improve their financial well-being, from estate planning to fraud prevention, aiming to provide this potentially lucrative — and increasingly tech savvy — demographic with more power over their finances. Source: Deloitte.

Millennials 73

Millennials Fintech Tools Fraud 73

PYMNTS

DECEMBER 24, 2019

By comparison, ownership of smart TVs has increased just 5 percent, and ownership of connected cars has increased 3 percent since 2018. One can bet that the ongoing deployment of new 5G mobile network technology will drive things further. Connected car shipments in the U.S., 18 announcement. #3: 3: P2P Rises And Could Move Into B2B.

Cards 160

Cards Payments Study Examples 160

FICO

MAY 28, 2021

In general, those from growth economies were more likely to be able to carry out the tasks required to use an app to open an account compared to those from developed economies - as illustrated by the percentages that say they can scan their face for comparison to the photo in their documentary evidence to prove their identity. in Australia.

Survey 52

Survey Digital Banking Trends Comparison 52

FICO

JUNE 9, 2022

Artificial intelligence (AI) and machine learning (ML) technologies have long been effective in fighting financial crime, used more than 30 years for fraud detection. Scott Zoldi is chief analytics officer at FICO responsible for the analytic development of FICO's product and technology solutions. Scott Zoldi.

Analytics 52

Analytics San Diego Cyber Security Data 52

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. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far.

Fraud 78

Fraud Las Vegas Company Video 78

FICO

APRIL 13, 2022

For consumers, contactless payments have given them convenience, ease and security. Will contactless payment open up potential new security issues? If we look at the current numbers against the wider backdrop of card fraud, they are fairly low in comparison. What about for fraudsters? Against a total of £9.46

Fraud 52

Fraud Marketing Payments Cards 52

PYMNTS

JULY 24, 2020

As the chief technology officer of identity verification solution provider Mitek , he said he knows that question had an easy answer in the past. The way Ritter sees it, digital transformation has affected the fraud picture as much as the pandemic. For Stephen Ritter , the question “Who are you?” has never been more important.

Comparison 207

Comparison Fraud Tools Video 207

FICO

APRIL 20, 2021

In comparison, 2018 saw 66.8 As customer adoption to open banking accelerates across the UK and Europe, there is no better time than now to pause and make sure all the necessary controls are in place for the continued growth, including an enterprise fraud strategy. . This is the essence of an enterprise fraud strategy.

Fraud 52

Fraud Strategy Management Compliance 52

Fintech Labs Insights

SEPTEMBER 19, 2016

17 million to Upguard for its cybersecurity technology. million went to Finovate alum Pindrop to further its phone-based fraud solutions. $5 BPS Technology. Financial services price comparison portal. Pindrop Security. Phone-based fraud solutions. Financial services comparison site. Latest round: $45.1

San Francisco 12

San Francisco New York City Fintech Company 12