Cisco

JUNE 7, 2019

After decades of battling credit card fraud, retail banks face a new challenge: fraudulent account takeover. By the time the average customer realizes his/her account has been compromised, funds have already been transferred and PII (personally identifiable information) is in the wrong hands. The rise in high-impact fraud.

Fraud 48

Fraud Retail San Diego Cyber Security 48

PYMNTS

DECEMBER 2, 2019

“The increasing demand for digitalized financial services has created an opportunity for Sri Lanka to evaluate the possibility of adopting Blockchain Technology to further advance Sri Lanka’s financial sector,” the bank’s invitation to apply read.

blockchain 132

blockchain System Cyber Security Technology 132

PYMNTS

MAY 2, 2019

Representatives from a number of countries around the world – excluding Russia, China and representatives from technology giant Huawei – met to discuss the security of 5G networks as many countries prepare for deployment of the technology, according to a report by Reuters.

Meeting 171

Meeting Security Cyber Security Technology 171

FICO

MAY 2, 2019

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.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Qudos Bank

FEBRUARY 15, 2024

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity. Published May 2023

Cyber Security 52

Cyber Security Fraud Security Online 52

FICO

APRIL 7, 2016

The INFORMS conferences continue to unveil game-changing approaches that businesses are using advanced analytics such as optimization to literally transform lives and businesses. If you’re already planning to come to INFORMS, here are three good reasons to check out what FICO is doing! management science, and analytics.

Analytics 40

Analytics Cyber Security Conference Fraud 40

Tech and Finance

DECEMBER 30, 2018

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. million fraud complaints in the United States last year.

Fraud 31

Fraud Company Cyber Security United States 31

Banking 2020

SEPTEMBER 10, 2015

By reselling keystroke encryption software to your customers, and making it available for your employees, you can profit from the security upgrade and stop the transfer of personal and sensitive information before it gets into a cyber attacker’s hands. Do your customers know about these other types of fraud?

Cyber Security 40

Cyber Security Security Fraud Software 40

FICO

DECEMBER 15, 2022

Credit & Collections Technology Awards recognize our scams model with the award for Machine Learning - here's why. I’ve previously discussed our company’s work on an Artificial Intelligence-based scams model for FICO® Falcon® Fraud Manager and the technology behind it. Explore all our fraud prevention and detection offerings.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

FICO

DECEMBER 12, 2022

I am very glad that my role at FICO centers on AI and analytic innovation, and incorporating it into the wide range of solutions our customers use to fight fraud, scams and other financial crimes. This technology is incorporated into FICO® Falcon® Fraud Manager. This technology is incorporated into FICO® Falcon® Fraud Manager.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

Insights on Business

MAY 18, 2018

The expansion of channels expands the threat of money laundering, fraud, and hacks — as well as regulatory requirements for necessary protections. Artificial Intelligence is now being used by cyber criminals , meaning the sophistication of their methods is increasing, forcing banks to up their game. Efficiency.

Operations 93

Operations Security Cyber Security Customer Experience 93

PYMNTS

FEBRUARY 6, 2019

Reuters , citing cybersecurity researchers, reported that the attack was part of a global hacking campaign initiated by the Ministry of State Security in China aimed at stealing intellectual property and corporate secrets. Visma made the hack public to raise awareness about the campaign.

Software 123

Software Company Cyber Security Security 123

Qudos Bank

MAY 11, 2023

With online scams leading to millions of dollars in financial losses [2] annually it may be worth paying attention to how well a bank invests in their security and fraud protection, including security practices, privacy measures, and their process for treating fraudulent and unauthorised banking activity. Published May 2023

Cyber Security 40

Cyber Security Fraud Security Online 40

FICO

FEBRUARY 2, 2017

Your fitness wearable times your run, tracks your progress, and calculates your distance based on location, which is great—until that information, stolen during a data breach, ends up in the hands of a cyber stalker. New technology creates new risks. Now, all of a sudden, you’ve unwittingly been put in a very vulnerable place.

Cyber Security 40

Cyber Security Security Data Fraud 40

FICO

DECEMBER 21, 2018

Thus, a couple of weeks from now we’ll ring in 2019, the Year of Cyber Insecurity: 52 weeks in which companies of all sizes and industries will experience a new level of fear – and in some cases panic – in realizing their vulnerability to data breaches, hacking and other cybercrimes. Biometrics are neither fool-proof nor fraud-proof.

Cyber Security 40

Cyber Security Comparison Policies Data 40

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. How confident do you feel in your ability to handle and mitigate the situation?

Mobile 102

Mobile San Francisco Tools Security 102

American Banker

JUNE 9, 2016

Many financial criminals are switching to a more sophisticated kind of identity theft in which they open accounts based on stolen identities, or on composites of information stolen from different people.

Fraud 28

Fraud Cyber Security Security Cards 28

PYMNTS

JUNE 20, 2017

FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is the best in the world (yep, even better than Google’s) and is being used for public safety, law enforcement and fraud prevention through cybersecurity.

Technology 173

Technology Retail social media Fraud 173

Tomorrow's Transactions

NOVEMBER 7, 2014

The nice people at the Fraud Advisory Panel invited me along to their expert stakeholder roundtable on “Protecting Consumers and Reducing Opportunities for Cybercrime”. Cyber Innovation: for example, behavioural analytics; the rise of private cyber cash, new payment platforms, mobile banking, privacy and consent, economics of cyber security.

Analysis 58

Analysis Bitcoin Fraud Cyber Security 58

PYMNTS

NOVEMBER 21, 2019

KPMG is rolling out a new payments security solution targeting B2B payments fraud, the company said Thursday (Nov. A press release said KPMG is collaborating with cybersecurity provider nsKnox to roll out its KPMG Secure Payments tool, distributed and serviced by KPMG Israel.

Fraud 111

Fraud Security Payments Cyber Security 111

Gonzobanker

NOVEMBER 17, 2016

This year’s Money 20/20 event in Las Vegas drew a massive attendance with 11,000 individuals, 4,500 companies, tons of new technology, and a mind-blowing expanse of collective brain power. And these days it’s drawing a growing swarm of bankers and technologists to Sin City every year to talk about its future.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

American Banker

MAY 5, 2016

Requirements that banks share anti-money-laundering information should extend to fraud and cyber risks, to connect the dots between bad actors and their transfer of money.

Fraud 28

Fraud Cyber Security Regional National 28

Social Assurance

JUNE 22, 2021

After all, Gen-Z grown up with convenience and mobile-first technology all of their life. With mass amounts of information right at their fingertips, they spend more time doing their own research and shopping around for the best offering. “ Our brains process visual information almost instantly.

Marketing 15

Marketing social media Branding Cyber Security 15

Gonzobanker

DECEMBER 22, 2015

It’s nice to see somebody passionate about using new payments technology to make banking easier and cheaper for the financially disadvantaged. Let’s see if better technology and delivery tools get the idea farther down the road this time. FFIEC’s Cyber Security Self-Assessment Tool. Not even close. . They’re baaaack.

Community Bank 60

Community Bank Apple Community Technology 60

PYMNTS

NOVEMBER 6, 2017

Since 2004, October has been observed as National Cyber Security Awareness Month by the Department of Homeland Security (DHS). In September, the consumer credit agency Equifax reported that the personal information of roughly 143 million Americans was compromised in a data breach of epic proportions. It’s very simple.”.

Exercises 119

Exercises Resources Industry Cyber Security 119

PYMNTS

SEPTEMBER 13, 2018

According to recent research , fraudsters stole more than $7 billion from consumers and companies in 2016 alone, and did so on the backs of new technology and high-profile data breaches. Fraud rates are expected to skyrocket, too, with researchers projecting a nearly 200 percent increase within the next five years. Smarter Security.

Security 110

Security Fraud Cyber Security Data 110

PYMNTS

MAY 8, 2017

House Committee passed proposed legislation last week that would require the National Institute of Standards and Technology (NIST) to create cybersecurity guidelines developed specifically for SMEs. ” The risks include hacks, criminal fraud and corporate espionage, and the list of potential crimes is growing, the FSB said.

Data 101

Data US Guidelines Cyber Security 101

PYMNTS

JANUARY 6, 2020

It may be immediate and far-reaching, disrupting lives and wreaking havoc across the basic technological and tangible infrastructure that underpins daily life. A posting tied to the image stated the page had been “hacked by Iran Cyber Security Group Hackers. This is only [a] small part of Iran’s cyber ability!

US 131

US Las Vegas Cyber Security Los Angeles 131

PYMNTS

AUGUST 6, 2018

Singapore’s Cabinet Minister for Communications and Information S. Those groups who conduct carefully planned cyberattacks to steal information or disrupt operations are usually state-linked, the minister said. The personal information of 1.5 Iswaran said on Monday (Aug. 6) that the cyberattack that infiltrated 1.5

Cyber Security 100

Cyber Security United States Groups National 100

FICO

JANUARY 5, 2023

In 2018, FICO introduced the UltraFICO Score , leveraging consumer-permissioned financial data combined with account aggregation technology and distribution capability to provide lenders with new insights and consumers with enhanced access to credit. This effort will provide a set of voluntary standards for businesses and others to adopt.

Policies 52

Policies Company Regulation Risk Management 52