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EMV’s Online Fraud Attack Push

PYMNTS

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. contact-form-7].

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Q3 Global Fraud Attack Index Data Deep-Dive

PYMNTS

Fraudsters have been causing problems for retailers over the past four quarters, leading to a 137 percent jump in fraud attacks and affecting $7 out of every $100 made in retail sales, according to the latest PYMNTS.com Global Fraud Attack Index. The collaborative study with Forter measures the rate of fraud attempts made on U.S.

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Reflections 2022: The Power of Patents and the People Behind Them

FICO

However, in terms of artificial intelligence (AI) and analytics, 2022 has been a great year for FICO, my data science team, and AI innovation in general. Perhaps the most visible focal point of that innovation is software patents; we recently announced that FICO was granted 11 U.S. The Power of Patents.

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Payment Security: Aligning To A Broader “Digital Business Transformation” Agenda

PYMNTS

On Wednesday, August 31, 2016 at 1:00 PM (EST), join James Jenkins, Director, CA Technologies and Karen Webster, CEO, Market Platform Dynamics as they discuss why banks and card issuers are at a pivotal juncture to embrace digital business transformation. Director, CA Technologies. Digital Discussion Presenter: James Jenkins.

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Our Scams Model Just Won an Award for Machine Learning

FICO

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.

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Speed Dating: Invoice-to-Cash In The Digital Age

PYMNTS

The ubiquity of new technology has reset customer expectations, creating a new standard for speed of service and user experience. Thanks to Netflix, which was quick to adopt this new technology, customers expect an intuitive user interface and around-the-clock availability with zero tolerance for errors. . contact-form-7].

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Banks battling a barrage of cyber attacks

NCR

According to an Accenture survey , senior bank staff who participated believe their cyber security defenses are secure even though one-third of attempts by cybercriminals to breach banks are successful. Online fraud is one of the biggest challenges for the financial community. billion by 2020.

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