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Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After Record Quarter

PYMNTS

In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Mastercard’s Cyber Secure Uses AI to Help Banks Fight Cyber Fraud. Likewise, Alphabet reported a strong Q3, thanks in large part to renewed consumer spend.

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Synthetic Identities: From Data Breaches to Auto Loan Fraud

FICO

Fraud and data breaches have always had a close, if destructive, relationship. 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.

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Halloween Happenings – What’s scaring your Risk, Privacy & Security Professionals?

ForwardBanker

Hacking and data breaches have continued to dominate media headlines, putting a stronger emphasis on Cyber Security. This past week, over 400 attendees at the 14th annual Executive Women’s Forum, conference with a theme focused on. The post Halloween Happenings – What’s scaring your Risk, Privacy & Security Professionals?

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Visa as gumshoe: How the card network tracks fraud to its source

Payments Source

Visa is pursuing the online criminals to prevent future fraud. Visa also works with law enforcement agencies to quantify potential losses and, where possible, assist in the threat mitigation.

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3 Reasons to Visit INFORMS 2016, April 10-12, in Orlando

FICO

The INFORMS conferences continue to unveil game-changing approaches that businesses are using advanced analytics such as optimization to literally transform lives and businesses. Four hands-on sessions and a fraud presentation by FICO’s Chief Analytic Officer, Scott Zoldi. management science, and analytics.

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Some Fintech Podcasts To Add To Your List

William Mills

Bank on IT features a wide variety of experts, interviewed by John Siracusa, founder/creator of the #banksocial conference. Topics include fintech, risk management, blockchain, fraud detection and more. BankSocial is hosted by John Siracusa, founder/creator of the #banksocial conference. Bank on IT. Breaking Banks. BankSocial.

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My Keynote World Tour Wrap-Up: “Analytics Will Rock You”

FICO

I talked about using the FICO fraud data consortium to determine when data shifts can invalidate the models and, more menacing, when these shifts reveal subtle new fraud patterns that can indicate the work of fraudsters and cyber criminals, who know how to go “low and slow” to evade detection.