PYMNTS

OCTOBER 10, 2019

Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Financial institutions (FIs) need to keep watch for newer schemes as they seek to prevent different forms of fraud, such as money laundering, on their online platforms. Around the Digital Banking World.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

OCTOBER 6, 2020

Ayoub Jemail has been assigned the role of general manager of business development for the region, the company stated in the announcement on its website. The company stated that it is expanding in the region, seeking new business and also looking to provide more support for existing customers, such as Mashreq Bank.

Fintech 174

Fintech Regional Fraud Meeting 174

PYMNTS

SEPTEMBER 28, 2020

Open banking rules have continued to evolve during the global health crisis, but the pandemic has given regulators and financial authorities new questions to tackle. One area where the pandemic may significantly impact emerging data protection and open banking rules is the Middle East and North African region (MENA).

Online 151

Online Report Payments Regulation 151

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. It also details how open banking’s expansion can help businesses build trust with new or existing customers seeking more secure ways to shop. The Pandemic And The Privacy Question .

Study 192

Study Data Regulation Digital Banking 192

PYMNTS

MARCH 3, 2020

Banks looking to make the most out of these rare visits must use the latest technologies. Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. Digital-First Banking’s Advantages.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

JANUARY 30, 2020

Digital banking efforts took center stage at Goldman’s Investor Day on Wednesday (Jan. Eric Lane, global co-head of the Consumer and Investment Management Division, said the company will debut a digital wealth management offering in 2020 and digital checking accounts in 2021. FICO’s Take on Debit Security.

social media 141

social media Payments ATM Fraud 141

PYMNTS

AUGUST 21, 2020

Deposits had already been trending away from community banks and credit unions anyway, but COVID-19 has accelerated that shift. In fact, the majority of 2020’s new accounts have gone to megabanks and digital banks, not to community institutions. FinTech players are also grabbing deposits.

Cards 224

Cards Mobile Community Bank Community 224

Gonzobanker

AUGUST 17, 2022

Digital Engagement Had Great Attendance and Extracurriculars. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

NOVEMBER 19, 2020

This represents 59 percent growth over the past 10 years, much of it buoyed by a surge in sign-ups across the Oceania region. CU members stand to benefit greatly from such solutions, as the study reported that 51 percent them of them have had their identities stolen and 68 percent have been targeted by debit or credit card fraud.

Alabama 228

Alabama Meeting Fraud Trends 228

FICO

MAY 28, 2021

At the beginning of the year, we commissioned a survey of 1,000 adults in each of fourteen countries to canvas them about their attitudes to opening a range of different financial accounts digitally using websites and apps. There were some very interesting findings and some results that challenged my pre-conceptions and received wisdom!

Survey 52

Survey Digital Banking Trends Comparison 52

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Fraud is a Top Worry. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami.

America 102

America Security Miami Conference 102

PYMNTS

SEPTEMBER 30, 2020

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The Data Privacy Twist .

Regulation 175

Regulation Data Regional Examples 175

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

FICO

JUNE 15, 2023

Now, I can practically send, transfer, or pay by accident by simply looking at my smartphone, which can make fraud prevention a real challenge. It’s about time we add some sensible friction to the real-time payment process as we race hellbent-for-leather down the digital freeway. Is Sending Money Too Simple?

Fraud 52

Fraud South Carolina Survey Management 52

PYMNTS

AUGUST 9, 2019

It’s the growing threat of payment fraud that is pushing Bottomline to invest in payments security and data analytics within the platform. Digital Banking IQ. Data intelligence will also be key for Bottomline as it promotes growth of its Digital Banking IQ (DBIQ) solution.

Data 134

Data Analytics Digital Banking Cards 134

PYMNTS

JULY 30, 2019

Thynk Digital and The Financial Brand recently conducted a survey that found 70 percent of bank and credit union executives think their FI could not survive without physical branches. A majority (61 percent) said bank branches were still necessary but less important than they once were. percent noted anti-fraud initiatives.

Innovation 115

Innovation Fraud Mobile Video 115

PYMNTS

MARCH 11, 2019

With credit unions and regional banks suffering in the wake of larger rivals and an explosion of FinTechs, this isn’t the first time credit unions have looked at teaming up to better serve customers and fight fraud.

blockchain 160

blockchain Regulation Community Bank Regional 160

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

PYMNTS

NOVEMBER 15, 2019

Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. Behind Regions Bank’s AI-Powered Digital-First Push. Zillow: Tackling Real Estate’s $1.6T Money Laundering Epidemic.

Google 139

Google Payments Apple cryptocurrency 139

South State Correspondent

OCTOBER 28, 2022

While last year was dominated by crypto, this year, the themes were mainly around fraud and identity (both conferences). Almost every bank and brand we spoke with will increase their investment in these two areas for 2023. This was followed by a focus on banking-as-a-service, embedded finance, open banking, Web 3.0,

Conference 195

Conference Technology Las Vegas Trends 195

PYMNTS

FEBRUARY 26, 2019

To compete with legacy banks and serve unbanked populations, several digital-first and digital-only challenger banks have emerged and are providing financial services through smartphones, which are owned by more than half of adults in the region. Improving Digital Banking Journeys.

America 122

America Security ATM Fraud 122

CB Insights

AUGUST 3, 2017

Latin America fintech companies are creating solutions aimed at rethinking banking, lending, and payments in the region. We used the conventional definition of Latin America to include all countries in the following regions: South America, Central America, the Caribbean, and Mexico. Digital Banking. Anti-Fraud.

Company 65

Company Fintech Comparison Marketing 65

NCR

DECEMBER 27, 2017

We also explored the vital role the ATM has to play as consumers continue to show strong demand for cash in various regions, from Europe to Asia. What does the future hold for the bank branch? Continuing the fight against fraud. Preparing for PSD2. What next for the branch?

ATM 76

ATM Fraud Industry Security 76

PYMNTS

NOVEMBER 24, 2020

24) that the collaboration with Cellulant will help “drive consumer confidence in digital banking and boost the adoption of digital payments on the continent.”. Banking app security was especially problematic, according to the statement.

Digital Banking 145

Digital Banking Security User Experience Fraud 145

Tech and Finance

JUNE 16, 2020

It provides secure access to hundreds of identity networks around the world to help meet compliance requirements, mitigate the risk of fraud, and increase trust and safety online. Its missions is to build a framework of trust that powers a trustworthy, safe and inclusive digital system that is not constrained by geographic borders.

Compliance 35

Compliance Fraud Regional Online 35

PYMNTS

OCTOBER 1, 2018

One immediate application, he noted, is to help curb fraud. It’s a relevant offering for all financial services players, but particularly for the small, medium and regionally focused players. “We We can see lots of great innovations out of the big banks.

Data 140

Data Cards Tools Regional 140

FICO

DECEMBER 2, 2021

Both the onboarding of returning customers and signing in of new visitors requires some form of verification to safeguard them from ID theft, prevent fraud and uphold regulatory requirements. The research shows biometrics are here to stay, thanks to regional innovation leaps and the global prevalence of the technology.

Survey 52

Survey Regional Fraud Meeting 52

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

PYMNTS

MAY 30, 2016

Global Fraud Attacks. Online Fraud Attack Rates Soar Since October. Everyone said that fraud would move online in the U.S. The latest report by PYMNTS and Forter shows that the rate of online fraud attacks has jumped by 11 percent since October and by 215 percent since last year. Digital Banking.

Trends 100

Trends Retail Fraud Mobile 100

Gonzobanker

DECEMBER 19, 2022

In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy. 2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. The Smarter Bank Innovation Award. talent market.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

MAY 29, 2020

FIs need to have the ability to find and thwart fraud, without accidentally sweeping up legitimate clients. In a feature story, Uma Wilson, executive vice president and director of treasury management, card and bank product UMB Bank , discusses analyzing client behaviors throughout channels to find unusual activity.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

OCTOBER 8, 2019

CUs are no longer confined to operating primarily as regional players, moving beyond the confines of original charters that had limited them to, say, specific communities or employers. Beyond the drive to retain and grow membership and tackle faster payments, Fagan said CUs must be ever-vigilant in the fight against fraud. “If

United States 102

United States Millennials Course Lending 102

CB Insights

FEBRUARY 13, 2020

Fraud prevention tools. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Payments companies assumed risk for losses associated with chargebacks, fraud, KYC, or AML, while also providing support, dispute management, and reporting. Fraud prevention tools.

Online 98

Online Company Retail Payments 98

FICO

FEBRUARY 18, 2021

Making note of the effects of the crisis and the regions impacted will help you interpret any unusual behavior patterns you later see in the data. Read our full bulletin, with recommendations for collections, fraud, digital banking and the enterprise: Coping with the COVID-19 Crisis: Adapting to the New Reality.

Policies 59

Policies Analysis Risk Management Data 59

PYMNTS

SEPTEMBER 24, 2020

But as merchants and issuers look to enter new markets, including the Asia Pacific region (APAC), they must be mindful of the challenges posed by fraudsters. At a high level, beyond market-specific data points, said Donlea, there are a few notable trends tied to digital commerce that have been shaped by the pandemic. The Challenges .

Mobile 245

Mobile Management Fraud Training 245

Gonzobanker

DECEMBER 17, 2021

The merger of equals activity in 2021 was sky high, primarily because banks with pinched margins from low rates worked to grabbed scale. From nowhere, sizable regional players are being created. Bank Merger of the Year. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 143

Fintech Strategy Leadership Lending 143

Gonzobanker

DECEMBER 20, 2019

The Ecosystem Award – Goes to Partners Credit Union for its collaborative member experience work with digital banking vendor Kony (now part of Temenos). The digital banking provider helped implement digital competitiveness against big banks that Partners sought. Congrats to the DNA team for this huge win.

Idaho 148

Idaho Conference Data Marketing 148