CFPB Monitor

SEPTEMBER 3, 2019

Each of these initiatives provides valuable new resources for both banks and non-banks to stay apprised of changing state regulatory systems and technological advances that impact the financial services industry. State Regulatory Guidance Portal. A link to the State Survey Map of Money Transmission Laws is available here.

Tools 60

Tools Industry Online Resources 60

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.

Cyber Security 52

Cyber Security Fraud Security Online 52

SWBC's LenderHub

OCTOBER 30, 2014

Security breaches are a perpetual part of our technologically advanced society. As a lender, you are tasked with meeting your borrowers’ needs for convenient online payment processing technology, while still ensuring the platform is secure. Risk Management Loan Payment Technology Fraud/Cyber Security'

Cyber Security 60

Cyber Security Risk Management Fraud Security 60

Banking 2020

SEPTEMBER 10, 2015

With more than 12,000 keyloggers in distribution, antivirus and anti-spyware aren’t enough to protect online activity from identity thieves. The technology protects everything from online transactions and network remote access to social media, personal and business information.

Cyber Security 40

Cyber Security Security Fraud Software 40

PYMNTS

JUNE 8, 2018

After problems with an information technology migration locked thousands of clients out of accounts at the U.K.’s Redscan Director of Cyber Security Mark Nicholls told Reuters, “Consumers — or people — are always going to be the weakest link, so if they can find ways to attack the customer … then they will go after that.”.

social media 101

social media Cyber Security Fraud System 101

PYMNTS

SEPTEMBER 21, 2019

It’s National Cyber Security Awareness Month, and industry leaders are zeroing in on some of the most vulnerable targets of cyber scams: small businesses. Stronger passwords. Paying closer attention to suspicious emails. Using public wi-fi with caution and safeguarding mobile apps. ” The U.S. ” The U.S.

Data 202

Data Los Angeles Survey Cyber Security 202

PYMNTS

SEPTEMBER 30, 2016

online merchants and how that changes over time, and examines the types, sources and geography of fraud attacks. Prior to founding Forter, Michael was the VP Product & International Operations at Pango Parking where he was in charge of the deployment and adoption of Mobile Wallet technologies worldwide.

Fraud 100

Fraud Data Cyber Security Study 100

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.

Cyber Security 40

Cyber Security Fraud Security Online 40

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth .

Regulation 160

Regulation Policies Data Compliance 160

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

PYMNTS

JUNE 8, 2018

based Immersive Labs for its cyber security war games demonstrates the enduring appeal of that adage. In addition, organizations — those with a long view, at least — have long done cyberthreat assessments, a process centered around checking anti-hacking technology and the credibility of cyberattack response plans.

Exercises 151

Exercises Louisiana Cyber Security Tools 151

FICO

DECEMBER 19, 2016

As consumers embrace more Internet of Things (IoT) devices within the home, and more and more of their daily affairs (like banking and shopping) are conducted online, the security of their home technology environment will become extremely important. In the aftermath of the compromise of 5.6

Cyber Security 40

Cyber Security Security Data California 40

NCR

JUNE 23, 2017

Banks are under cyber attack every day and although this sector has made great strides, their ability to detect a breach and take immediate action is still a work in progress. Online fraud is one of the biggest challenges for the financial community. The post Banks battling a barrage of cyber attacks appeared first on Banking.com.

Fraud 45

Fraud Cyber Security social media Analytics 45

FICO

AUGUST 3, 2022

When you're talking about AI and machine learning, these technologies are being used to achieve a strategic advantage for the organization and you don't want that to be built on snake oil, right? Scott Zoldi is chief analytics officer at FICO responsible for the analytic development of FICO's product and technology solutions.

Analytics 52

Analytics San Diego Cyber Security How To 52

FICO

MAY 2, 2019

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

Fraud 70

Fraud Data Cyber Security Risk Management 70

American Banker

NOVEMBER 1, 2016

Online lenders' struggle with fraud is driving them to join new networks designed to find links between fraudulent loan applications and signs of borrowers trying to obtain multiple loans simultaneously.

Online 28

Online Fraud Cyber Security Analytics 28

NCR

AUGUST 3, 2017

This new technology is being made available alongside the existing fingerprint authentication option. From September 2017, the iris scanning function will be available to TSB app users in the UK with a Samsung Galaxy S8 or S8+ smartphone. These customers will have the option to access the app using the Samsung Pass iris scanner.

Mobile 51

Mobile Samsung Cyber Security Security 51

NCR

DECEMBER 2, 2016

The rising importance of one of the most exciting technologies in financial services – biometric authentication – has been marked by Mastercard’s European rollout of Identity Check Mobile , a payment application that allows users to authorize online purchases using fingerprints or facial recognition.

Security 40

Security Payments Cyber Security Regulation 40

FICO

DECEMBER 16, 2019

They have relatively small teams, considering the diverse breadth of activities that they are expected to undertake, and the emerging fraud risks from new technologies and services their organisations offer. What I don’t see reported by the survey are any results pertaining to lines between fraud and compliance teams becoming ever blurrier.

Survey 52

Survey Fraud Cyber Security Compliance 52

FICO

APRIL 12, 2017

It’s especially cool to see how FICO customers can realize associated benefits by using our behavioral analytic technology. 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.

Analytics 49

Analytics Fraud Compliance Comparison 49

FICO

FEBRUARY 2, 2017

The reality is, every category of technology carries inherent risks, and as people become more connected with technology in every aspect of their lives, we must be cognizant of those risks. New technology creates new risks. We are most familiar with the risks associated with stolen financial data.

Cyber Security 40

Cyber Security Security Data Fraud 40

PYMNTS

NOVEMBER 13, 2017

India is transitioning away from our biggest competitor – cash – and our digital platform and technology has immense scope to enable this at scale,” said Anupam Pahuja, country manager and managing director of PayPal India. PayPal will allow Indian consumers to use the platform to shop online at some of the country’s most popular businesses.

St. Louis 108

St. Louis cryptocurrency Cyber Security Fintech 108

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? Finally, the tech.

Mobile 102

Mobile San Francisco Tools Security 102

Payments Source

JANUARY 9, 2019

based Nuggets is integrating its blockchain technology to existing payment rails, creating a system wherein merchants will no longer have to access or store consumers' personal data.

blockchain 108

blockchain System Data Technology 108

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. This is not just another payment option, but a third party online payment platform with no transaction fees and integrated lifestyle management tools.

Payments 60

Payments Las Vegas Risk Management Cyber Security 60

PYMNTS

JULY 16, 2016

And sure – ordering online has the same minimal interaction outcome – but thre’s a lot of typing. The technology is in place to have set emojis show up only when consumers are in a certain geofenced area, meaning that users could get access only when they go to a particular restaurant or store.

How To 100

How To Cyber Security social media Security 100

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

American Banker

AUGUST 11, 2016

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.

Fraud 28

Fraud Online Digital Banking Cyber Security 28

Bankelele

JANUARY 28, 2015

At a presentation in Nairobi today, the researchers spoke of the unprecedented diffusion of digital technology – with the comparison that while Kenya got electricity, 60 years after its discovery, Kenyans were able to use mobile banking 5 years before the USA. WDR2016 looks at the how the internet for development.

Report 28

Report Cyber Security Comparison Innovation 28

American Banker

APRIL 20, 2016

In the conclusion of a three-part interview, Ryan Singer, a blockchain-tech entrepreneur, explains why bankers should care about Washington's resurgent efforts to insert back doors into security systems.

Washington 28

Washington Online blockchain Security 28

Fintech Labs Insights

MAY 24, 2016

Identity verification provider Trulioo has expanded the geographic coverage of its online electronic identity verification service GlobalGateway to support Brazil, Russia, India, and China. The product is available as an API or through an online portal. billion people.

San Francisco 15

San Francisco Cyber Security Maine Compliance 15

NCR

DECEMBER 7, 2016

Some will tell you it’s the next great frontier in technological exploration, while others might argue that AI, machine learning and robotics will create just as many concerns as opportunities. Royal Bank of Scotland will start using it for online communication from December 2016.

Innovation 40

Innovation Cyber Security Fraud Industry 40

Fintech Labs Insights

MARCH 29, 2017

Swiss financial sector infrastructure operator SIX partners with IBM Watson to build cyber-security hub. Fiserv reports nearly 30 banks and CUs deployed its digital banking technology in 2016, taking the total number of FIs using its online banking solutions to 3,500. BBVA among the latest companies to join Hyperledger.

New York 12

New York Cyber Security Video Capital 12

Fintech Labs Insights

NOVEMBER 18, 2015

Are you building new financial technology? Arxan announces Cyber Security scholarship program. Thinking Capital earns Deloitte’s Technology Fast 50 Canada Awards. Worldpay employees evaluating use of finger vein technology to authenticate payments at the POS without the need for a card. Stay tuned for details.

San Francisco 12

San Francisco Cyber Security New York Conference 12

Payments Source

NOVEMBER 3, 2017

Jeanne Tisinger spent three decades working at the CIA, where her most recent position was deputy director overseeing the agency’s physical and cybersecurity and information technology spanning more than 100 countries.

Security 64

Security Technology Cyber Security Online 64

American Banker

NOVEMBER 7, 2016

Tesco Bank has confirmed that over the weekend, some of its customers' accounts were subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently.

Online 65

Online Cyber Security System Digital Banking 65

American Banker

NOVEMBER 9, 2016

million pounds (about $3 million) to 9,000 customers who were affected by a large-scale online banking cybertheft last weekend. Tesco Bank, based in Edinburgh, Scotland, has refunded 2.5

Online 63

Online Cyber Security Security Technology 63