PYMNTS

OCTOBER 24, 2018

Fraud is a huge consideration for us,” Bonkowski said. From an operational standpoint, a big part of it was about trying to drill down on the cost.”. These offerings, unfortunately, can make companies and their customers vulnerable to fraud , particularly as more fraudsters have been targeting financial services firms.

Fraud 166

Fraud Cards Online Data 166

South State Correspondent

AUGUST 22, 2023

Having a clear list of customers you want, their priorities, and a definition of the customers you do NOT want will help define your sales and marketing efforts. In addition, there will be analyzed and specialty packages targeted at particular industries such as non-profits, e-commerce, or businesses with extensive international operations.

Management 195

Management Community Bank Survey Community 195

PYMNTS

JULY 17, 2018

in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. In reality, he said, the idea that counterfeit card fraud is 2014’s security problem lacks a fair amount of nuance. Speeding Up Discovery And Recovery. The Push For Scale.

Cards 109

Cards Fraud Regional Training 109

PYMNTS

APRIL 1, 2020

Debit cards secured with PINs came into wide use in the 1990s, and regional card networks often processed such payments at the time. These larger operators sometimes made deals with card issuers, under which the latter would agree to only route payments over the former’s networks. Online sellers could instead rely on 3D Secure 2.0

Cards 141

Cards Payments Security Fraud 141

PYMNTS

NOVEMBER 22, 2016

And while that trend is universal, the Asia-Pacific region is a particular hotbed for mobile FinTech. Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. Earlier this month, MC Payment said it raised $3.5

Regional 100

Regional Mobile Payments Trends 100

PYMNTS

DECEMBER 7, 2016

And beyond a storied history, Williams notes, Amex has some more contemporary numbers to back that up — fraud rates on its network are about half the rates at their card network competitors. The good news about EMV, Williams noted, is that it did make a notable dent in card-present fraud. The changing commerce landscape.

Fraud 100

Fraud Security Mobile Trends 100

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

APRIL 25, 2019

According to Monteiro, the company has added “an additional layer” of security to protect users from fraud while also providing a seamless mobile experience. This is an area that will definitely change in the coming years as people become more confident paying for big-ticket items through mobile wallets.”.

Security 100

Security Data Regulation Mobile 100

PYMNTS

MAY 24, 2018

Its effects will likely have far-reaching consequences, too, for both EU-based companies and those that operate outside the region. Once officially live, GDPR will impact any company or organization that operates, stores or processes personal data belonging to a natural person — a “data subject,” in GDPR terms. In the U.S.,

Data 100

Data Compliance social media Operations 100

FICO

JANUARY 31, 2018

This year and next sees many regions adopting real-time payment schemes, adding to existing schemes in countries such as the UK, Switzerland and Japan. But there is a stricter definition for real-time payment schemes. Operate for consumer-to-consumer, business-to-business, consumer-to-business and business-to-consumer payments.

Payments 59

Payments Training Maine Regional 59

FICO

NOVEMBER 8, 2022

Strong Fraud Protection Could Draw More Customers - Survey. Fraud protection is now firmly on the radar for consumers and has risen substantially as a deciding factor - it could even be a competitive advantage for banks. In the UK, trade bodies have called for fraud levels to be considered a national security threat.

Fraud 52

Fraud Survey Security eBook 52

FICO

MAY 19, 2021

What Is First-Party Fraud? From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. by Matt Cox.

Fraud 52

Fraud Groups Analytics Compliance 52

NCR

AUGUST 18, 2017

A study by Business Insider Intelligence found that the most common reasons that financial services firms in the EMEA region are investing in blockchain is to create new business models or launch startups. Forecasts about medium-term cost savings of key operations are promising. Significant savings to be made.

blockchain 75

blockchain Technology cryptocurrency Study 75

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Here are excerpts.

Fraud 52

Fraud Cards Report Analytics 52

Gonzobanker

DECEMBER 22, 2014

and Operations center in a building they recently purchased as they look to double in size over the next five years: Cornerstone: Do you think you should build out your I.T. EVP: I definitely think we should build here as long as we can be assured that we can get the talent that we need long term. Then again, maybe not ….

Los Angeles 101

Los Angeles Apple Risk Management California 101

PYMNTS

JULY 2, 2019

Payments are gaining speed, as is fraud — and sometimes, simple human error is costing companies revenue, precious time or both. Finding fraud before it happens can be akin to finding a needle in a haystack, where detecting suspicious patterns can be a fleeting opportunity. Call them errors made at the speed of commerce.

Payments 175

Payments Fraud System Regional 175

PYMNTS

SEPTEMBER 29, 2020

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no exception. The region’s financial institutions (FIs) and merchants have needed to work swiftly to support unprecedented levels of digital payment and shopping growth.

Payments 172

Payments Regulation Online Retail 172

PYMNTS

JULY 15, 2019

In the immediate days following the announcement of Libra, PYMNTS spoke to two of its higher-profile backers, Mastercard and PayPal , via Mastercard’s Executive Vice President of Digital Solutions Jorn Lambert and PayPal’s Chief Operating Officer Bill Ready. Though most experts agree it is unlikely to do so.

Regulation 100

Regulation cryptocurrency Policies blockchain 100

CB Insights

OCTOBER 31, 2017

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. Read more here. Product: del.icio.us.

Company 78

Company US San Francisco Capital 78