Cyber Security, Fraud, Marketing and Operations

Three success factors in security operations

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.

Operations

Operations Security Cyber Security Customer Experience

EMV’s Online Fraud Attack Push

PYMNTS

MAY 9, 2016

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].

Fraud

Fraud Online United States Cyber Security

Q3 Global Fraud Attack Index Data Deep-Dive

PYMNTS

SEPTEMBER 30, 2016

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.

Fraud

Fraud Data Cyber Security Study

Webinars

Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

MORE WEBINARS

Four Steps for Managing Third-Party Cyber Security Risk

FICO

JULY 31, 2019

Where does the vendor operate (e.g., Cyber insurance is a rapidly growing area of specialty coverage for carriers. To determine the criticality of a vendor, supply chain risk managers might consider: What is the nature of the supplier relationship (i.e., what services are being supplied)? What is the size of the supplier relationship?

Cyber Security

Cyber Security Management Security Risk Management

Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

Perficient

APRIL 2, 2021

fraud detection and financial crime monitoring). email, text, audio data), with the aim of identifying fraud or anomalous transactions. AI technologies, such as voice recognition and natural language processing (NLP), are being used to improve customer experience and to gain operational efficiencies. Credit Decisions.

Regulation

Regulation Industry Risk Management Analysis

UK Banks Halt Foreign Currency Service Due To Travelex Attack

PYMNTS

JANUARY 9, 2020

“We have now contained the virus and are working to restore our systems and resume normal operations as quickly as possible,” the company said in a statement. Travelex, owned by the Abu Dhabi-based financial services group Finablr , serves over 70 markets. The National Cyber Security Centre said it was providing technical support.

Cyber Security

Cyber Security Groups System Data

Behavioral Analytics Attack Fraud, Cyber and Financial Crime

FICO

APRIL 12, 2017

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. Banks have already made a big start in the fraud space. Behavioral analytics are a mature technology in fraud prevention.

Analytics

Analytics Fraud Compliance Comparison

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

PYMNTS

MAY 24, 2016

Key Takeaways: – How digitizing and automating the entire invoice-to-cash process reduces costs and improves operational efficiency. – What are companies doing to battle cyber security and avoid fraud? Ed also has extensive experience in the International technology markets with a specific emphasis on Brazil.

Cyber Security

Cyber Security New Jersey User Experience Innovation

The top 4 trends banks can’t ignore in 2019

Cisco

APRIL 7, 2019

It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. Cyber security is more than just “top of mind.” With the “new normal” of mobile applications, web-based portals, and declining branch visits, cyber security vulnerabilities continue to grow in both number and complexity.

Trends

Trends Cyber Security Big Data Analytics

4 AI Predictions for 2023: From the Great Correction to Practical AI

FICO

DECEMBER 1, 2022

The stock market tanked, interest rates spiked and many thousands of people lost their jobs. In a letter to Alphabet management TCI provided a brief glimpse of the obvious: “Unfortunately, enthusiasm for self-driving cars has collapsed and competitors have exited the market.” Time to market. JessicaButalla@fico.com.

Analytics

Analytics Phoenix San Diego Tools

The top 4 trends banks can’t ignore in 2019

Cisco

APRIL 7, 2019

It’s clear retail banks need to adapt to emerging trends to stay relevant in today’s market. Cyber security is more than just “top of mind.” With the “new normal” of mobile applications, web-based portals, and declining branch visits, cyber security vulnerabilities continue to grow in both number and complexity.

Trends

Trends Cyber Security Big Data Analytics

FICO Named Category Leader for Cyber Risk Quantification

FICO

SEPTEMBER 18, 2020

For the second year running, FICO has been named as category leader in the recently published Chartis ‘Cyber Risk Quantification Solutions 2020: Market Update and Vendor Landscape’ report. As the report shows, the market for Cyber Risk Quantification Solutions (CRQ) continues to show rapid growth.

Cyber Security

Cyber Security Risk Management Analytics Data

The Importance Of Cyber War Games For Digital Businesses

PYMNTS

JUNE 8, 2018

based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. Those games might revolve around the question of whether to raise prices by a certain percentage, for instance, or seek to anticipate the effects of a competitor breaking into the market.

Exercises

Exercises Louisiana Cyber Security Tools

Prepaid’s Summer Of Uncertainty

PYMNTS

JULY 15, 2016

Fauss said that critique has been true in the past – but not as much now since market factors have driven prices down. ” Fauss emphasized that the National Branded Prepaid Card Association doesn’t stand against regulation – they think it helps everyone if there are clear guidelines the industry operates under.

Cards

Cards Millennials Regulation Cyber Security

FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

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. With AML operations in many banks deluged with false positives, it’s no surprise that sophisticated money launders continue to evade detection. Scott received his Ph.D.

Analytics

Analytics San Diego Cyber Security Data

Are you onboard with AI?

NCR

DECEMBER 7, 2016

These innovations are already changing how the industry operates and how businesses engage with their customers, and are only set to become more important in the years to come. By using the latest cutting-edge AI technology, financial services providers can innovate and significantly reduce time to market.

Innovation

Innovation Cyber Security Fraud Industry

Combining 5G and Digitisation to Win More Opportunities

FICO

MARCH 23, 2021

Advances in cyber-security alongside fast, reliable and secure payment channels are expected to drive the US$37 billion potential opportunity financial services could monetise by 2030. Scaling the Opportunity for Financial Services. It’s fair to say, every piece of data is another jigsaw piece to leverage insight from.

Cyber Security

Cyber Security Retail US Trends

Four 2023 U.S. Policy Predictions for Financial Services Companies

FICO

JANUARY 5, 2023

There Will be Changes in the BNPL Market, but Major Regulatory Action Is at Least a Year Away. With a weakening economy, BNPL firms have seen a rise in bad debts, growing losses, increased costs of operations and tumbling share prices. 5 Ways Digital Payments Will Change FIs and Fraud in 2023. See all Posts. Related posts.

Policies

Policies Company Regulation Risk Management

Community Banking Brief

Three success factors in security operations

EMV’s Online Fraud Attack Push

Webinars

Trending Sources

Q3 Global Fraud Attack Index Data Deep-Dive

Webinars

Four Steps for Managing Third-Party Cyber Security Risk

Bank Regulators Seeking Comments on the Use of AI and ML in the Industry

UK Banks Halt Foreign Currency Service Due To Travelex Attack

Behavioral Analytics Attack Fraud, Cyber and Financial Crime

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

The top 4 trends banks can’t ignore in 2019

4 AI Predictions for 2023: From the Great Correction to Practical AI

The top 4 trends banks can’t ignore in 2019

FICO Named Category Leader for Cyber Risk Quantification

The Importance Of Cyber War Games For Digital Businesses

Prepaid’s Summer Of Uncertainty

FICO’s New AML Scores Use AI and Machine Learning to Detect More Money Laundering

Are you onboard with AI?

Combining 5G and Digitisation to Win More Opportunities

Four 2023 U.S. Policy Predictions for Financial Services Companies

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