FICO

NOVEMBER 16, 2022

Enterprise Fraud Solution Buyers Want More Agility, More Data. Our recent global survey reveals the investment priorities and functionality requirements for enterprise-level fraud solution buyers. In August 2022, we commissioned a survey of 156 global executives and managers from retail banks and retail financial institutions.

Fraud 52

Fraud Data Survey Regional 52

Abrigo

MAY 24, 2023

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. The multi-billion-dollar state-legal marijuana market operating mainly as a cash-only business makes CRBs more vulnerable to theft and more difficult to audit.

Lending 195

Lending Fraud Operations Ohio 195

FICO

SEPTEMBER 28, 2020

I’ll be participating in an excellent panel, “ Balancing Fraud Prevention & the Customer Experience ,” at the first virtual edition of CBA LIVE , the must-attend annual event for the retail banking industry. Learn from Fraud-Fighting Superstars. What’s great about virtual conferences is that you can register , today, to attend.

Customer Experience 59

Customer Experience Fraud Strategy Compliance 59

PYMNTS

JUNE 22, 2017

There’s another way, though, in which the fear of fraud bears down on the enterprise. A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. to understand how payments fraud is limiting corporates’ path to success. cents per every $100 transacted.

Fraud 108

Fraud Innovation Survey eBook 108

FICO

DECEMBER 1, 2020

I’m delighted to announce that FICO has been named as the Category Leader for Financial Crime - Enterprise Fraud in the recently published 2021 Chartis RiskTech 100. It discusses the need to deploy effective enterprise-wide solutions for fraud and financial crime management that can adapt to changing customer behaviour.

Fraud 59

Fraud Risk Management Analytics Management 59

PYMNTS

JUNE 22, 2020

Northland Capital Markets is act ing as the manager for the offering and B. For example, we have extended our technologies into online applications to provide enhanced safety, regulatory compliance and fraud prevention for the billions of transactions that occur online each day. per diluted share versus a net loss of $1.2

Compliance 151

Compliance Fraud Capital Marketing 151

PYMNTS

AUGUST 23, 2019

So far the XPOS has been shipped to over 30 countries, with plans to send out 100,000 devices to the global retail market by 2021. It is the first compliance alerts solution available across 15 cryptocurrencies. Alerts are available for all 15 cryptocurrencies, with more coming soon.

blockchain 124

blockchain Analysis cryptocurrency Bitcoin 124

FICO

JANUARY 12, 2022

The changing global regulatory landscape and ever-shifting fraud vectors are just two of the biggest challenges facing financial institutions. I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Video Discussion : 2:15-7:30).

Fraud 52

Fraud Technology Management Trends 52

Perficient

APRIL 2, 2021

Finally, views are sought for compliance with applicable laws and regulations, including those related to consumer protection. fraud detection and financial crime monitoring). email, text, audio data), with the aim of identifying fraud or anomalous transactions. Credit Decisions. Textual analysis.

Regulation 309

Regulation Industry Risk Management Analysis 309

FICO

DECEMBER 14, 2021

But European fraud and financial crime have continued to evolve. As such, we’ve seen a slow emergence of a black market for the sale of fake vaccine passports and it is on its way to becoming a lucrative industry in 2022. In the first half of 2021, APP fraud losses increased by 71%, surpassing card fraud for the first time.

Fraud 52

Fraud Management Data Trends 52

PYMNTS

JANUARY 14, 2021

The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on legacy processes like phone calls, emails and paper check payments, creating the same kinds of bottlenecks and inefficiencies that plague other markets.

Industry 204

Industry Strategy Retail Trends 204

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 FICO Admin.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

JANUARY 30, 2019

The global economy offers a wide range of opportunities for businesses to expand their reach, and promote their brands to new markets. In addition, how can they remain confident that they are in compliance with existing AML laws? Companies in several global markets have launched a series of tools to bolster AML and KYC efforts.

How To 170

How To blockchain Compliance Regional 170

FICO

SEPTEMBER 14, 2021

A few weeks ago US economists were surprised when the Commerce Department reported that retail sales rose by 0.6% What does that mean for fraud professionals? Once I started looking around, I saw that Venmo is accepted at quite a few national retailers. QR Codes and Fraud. Venmo is a PayPal company. What about QR codes?

Fraud 52

Fraud Payments Mobile Data 52

PYMNTS

JUNE 19, 2020

A payments orchestration layer can serve as an intermediary between a merchant and its various PSPs while extending services that support payments analysis, regulatory compliance, cybersecurity, anti-fraud protection and more. At the same time, eCommerce purchasing volumes are surging, with the month of April seeing a 23.5

Payments 188

Payments Compliance Resources Fraud 188

PYMNTS

JUNE 26, 2019

One of the biggest arguments in favor of federal legalization of marijuana is the opportunity for regulation to pull an industry off the black market, and into the world of compliance and transparency — ultimately promoting consumer safety. ” That fraud doesn’t stop just because a product is legalized, either.

Compliance 110

Compliance Regulation Fraud Industry 110

FICO

JUNE 17, 2021

Surely, not all of these mechanisms are as secure as each other, so there is a relationship between payment methods and fraud risk. This motivates many that offer BNPL schemes to lure customers onboard with more frictionless journeys, better offers, and ultimately, the potential of accepting more risk of fraud. The Options.

Fraud 52

Fraud Payments Retail Cards 52

FICO

JANUARY 10, 2023

Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules. In a year that saw the word "scamdemic" coined, scams such as authorised push payment fraud were top of mind, along with various other fraud schemes. Few things change faster in the financial services space than fraud trends. FICO Admin.

Fraud 52

Fraud Cards Analytics Oakland 52

PYMNTS

NOVEMBER 14, 2017

A new report by business banking market research and analysis firm East & Partners suggests corporations aren’t opposed to changing banks as a direct result of new FinTech solutions businesses want to use. 90 percent of corporate treasurers said they expect FinTechs to take market share away from traditional banks.

Tools 179

Tools Fintech Survey Analysis 179

FICO

JUNE 14, 2021

In this post, I’ll provide a quick overview of how BNPL works, and share my thoughts on how BNPL fraud can occur and where the financial liability lays. . BNPL providers lay out the money for consumer purchases so that retailers are paid in full upfront. A BNPL Primer. The BNPL Business Model. In the U.S., Testing the Limits.

Fraud 52

Fraud Cards Millennials Utah 52

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! Retail Credit Analytics.

Report 52

Report Risk Management Compliance Analytics 52

PYMNTS

DECEMBER 23, 2020

To that end, Luke Evans , director of account management and Peter Mollins , vice president of marketing at Spreedly , said "payments orchestration" can mean the difference between a merchant’s getting those digital goods to end users and allowing them to pay instantly, or losing the sale entirely.

Company 274

Company Payments Fraud Online 274

FICO

MARCH 18, 2020

In that blog I introduced FICO’s patented Multi-Layered Self-Calibrating (MLSC) fraud model , which we have successfully deployed to overcome regional- and usage-specific variations in normal prepaid card spending behaviors, and find more prepaid card fraud. Prepaid models US Prepaid and GIM Prepaid 1.0 Outliers Are Always in Flux.

Fraud 52

Fraud Cards ATM Groups 52

PYMNTS

MARCH 9, 2020

Since the aftermath of Hurricane Katrina, the Justice Department has had a fraud-focused division. Its criminal division houses the National Center for Disaster Fraud, which is geared toward discovering and prosecuting those who take advantage of disasters through manipulative practices like price gouging.

Groups 144

Groups Branding Fraud Compliance 144

PYMNTS

DECEMBER 28, 2018

Researchers this year released new data on banks’ KYC adherence that highlights just how imperative it is that the financial services industry is able to more adequately address the challenges of compliance. Avoka CMO Don Bergal told PYMNTS what global markets can expect in 2019 in terms of bank KYC happenings. ” .

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

SEPTEMBER 7, 2018

PaymentVision Vice President of Marketing Eugene O’Rourke said the new partnership makes “it easy for consumers to reliably process cash payments in-person at thousands of walk-in bill payment centers across the nation and seamlessly post activity directly into the biller or merchant’s existing core billing and collection software.”.

Payments 123

Payments Training Conference Retail 123

Abrigo

JULY 14, 2023

For example, say your management and board’s strategy for the upcoming year is to grow the CRE loan portfolio by 10%, and the institution needs to consider expanding into new markets to achieve this goal. Where are the majority of your borrowers and collateral located, and where should the institution concentrate its marketing efforts?

Strategy 195

Strategy Data Analytics Analysis 195

PYMNTS

JUNE 3, 2019

The platform also aims to simplify compliance and help merchants meet the changing regulatory demands in the more than 200 markets in which it operates. The payment company plans to expand to more than 40 markets by the end of 2019.

Online 206

Online United States Meeting Tools 206

PYMNTS

MAY 31, 2017

In a press release, the credit card company said that with the upgrade, financial institutions and merchants would be better able to authenticate consumers and reduce fraud on transactions made via a mobile or desktop browser, app or connected devices. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Security 192

Security System Fraud Tools 192

PYMNTS

NOVEMBER 7, 2019

SCA awareness is thankfully high among the payment service providers (PSPs) tasked with executing and communicating the mandates to businesses and consumers, and these PSPs are working with regulators and other trade groups to develop compliant solutions for retailers. Frictionless Transactions and the SCA Compliance Challenge .

Compliance 100

Compliance Regulation Payments Retail 100

Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

Fintech 182

Fintech Lending Software Compliance 182

PYMNTS

NOVEMBER 2, 2018

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to traditional financial services. based B2B software-as-a-service and data solutions provider focusing on supporting corporates’ compliance and anti-fraud efforts.

Fintech 188

Fintech Capital Security Fraud 188

FICO

JUNE 20, 2019

Fraud is a serious concern for the communications industry, with proceeds and services used by organised crime and terrorist networks. Of this, over $7 billion is attributed to subscription fraud and account takeover. Defining Subscription Fraud. A ‘convergence’ of fraud. First-Party Subscription Fraud.

Fraud 40

Fraud Resources Industry Mobile 40

FICO

JUNE 20, 2019

Fraud is a serious concern for the communications industry, with proceeds and services used by organised crime and terrorist networks. Of this, over $7 billion is attributed to subscription fraud and account takeover. Defining Subscription Fraud. A ‘convergence’ of fraud. First-Party Subscription Fraud.

Fraud 40

Fraud Resources Industry Mobile 40

PYMNTS

APRIL 29, 2019

The vast majority of them expect to be larger in the next three years, and they see themselves expanding globally within existing markets, emerging markets in Asia and Latin America, and new digital channels. 67 percent : the share of platforms that rely on outside vendors to ensure transactional compliance. percent of sales.

Payments 170

Payments Survey America Study 170

CB Insights

FEBRUARY 13, 2020

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Market opportunity.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 25, 2016

For more than a decade, Rich has been involved in developing fraud mitigation, compliance and Big Data strategies. Rich came to Kount after 14 years with a Fortune 50 retailer. CEO, Market Platform Dynamics. Kount has been recognized as an award-winning, reliable and highly scalable platform. Digital Discussion Host: .

Compliance 100

Compliance Fraud Big Data Innovation 100