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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

PYMNTS

About 40 percent of all ATO attacks now count as high-risk, meaning banks of all shapes and sizes must reexamine how they think about data protection, security and the tools they use to guard against emerging threats. market debut. For more on these and other stories, visit the Tracker’s News and Trends section.

Fraud 196
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Who Should Lead The Digital ID Push?

PYMNTS

Despite all the discussion about verifying digital IDs without creating friction for the user, recent incidents like cybercriminals using AI to impersonate an energy company’s CEO to falsely request money could give security professionals nightmares. The digital identity verification market is projected to reach $12.8

Wyoming 136
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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Liquidity risk management and adequacy of contingency funding plans. • Vendor and third-party management processes. The OCC on Oct.

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Signifyd Data Shows Fraud Is Actually Declining

PYMNTS

I would not want to be a merchant responsible for managing fraud today,” Spear told Karen Webster in a live online discussion on the topic held last week with an audience of online retailers. “It Spear once onboarded a client who refused to ship red couches to Delaware. Specifically Delaware. Specifically red.

Fraud 109
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Finance in motion— $1B moved for $0.02

Lex Sokolin

Every other person had a physics PhD and worked in risk management for large capital markets trading desks. But when you look at market cap and activity, Tether remains top dog. Once on the Binance chain, these assets can be traded away for eternity in the unregulated Pirate Bay of capital markets. More on that later.

Bitcoin 40
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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

While the blockchain-related announcements range from the credible to the laughable to the possibly criminal, the analysis overall demonstrates the market’s bullish attitude toward blockchain and crypto. Companies are arranged in descending order of market cap (as of 03/16/18). . Exchange: OTC Markets. Longfin corp.

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Cloud Wars: How The Rivalry Between Amazon, Microsoft, and Google Has Enabled The Rise Of Multi-Cloud Strategies

CB Insights

Many are already leveraging the products and services from market leader Amazon Web Services (AWS), which offers one of the most comprehensive and reliable cloud platforms today. Cloud computing startups develop technologies for remote (off-premises) servers used to store, manage, and process data. Track Cloud Computing Startups.

Google 60