PYMNTS

NOVEMBER 27, 2018

politician said Facebook was aware that Russian-linked organizations were harvesting data from the social media giant, since October 2014, according to Bloomberg. software company called Six4Three, after the committee had asked it to provide a trove of documents, when the company founder was in London on a business trip.

social media 144

social media Software California Data 144

PYMNTS

AUGUST 21, 2019

What can make all that so much worse is fraud. Unfortunately, where there is tragedy, there is fraud.”. So that has to be done often in the absence of physical documents and consumers’ mobile phones. That data can go a long way toward tighter, more secure verification and authentication efforts. Another factor?

Fraud 188

Fraud social media Mobile Online 188

PYMNTS

JULY 16, 2019

Homeowners can monetize spare rooms and visitors can secure accommodations before arriving in new cities. Platforms facilitating these transactions must foster trust between property owners and renters if they want to be successful, but creating that confidence requires protecting both parties against fraud and bad actors.

social media 145

social media Security Fraud Strategy 145

PYMNTS

JUNE 4, 2019

That point was made clear during a recent PYMNTS discussion with Alain Meier, CEO of Cognito , an ID verification and online fraud prevention service. As Meier pointed out, more consumers are waking up to the fact that all the “free” services they’ve used online — email and social media, especially – come at a high price.

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Online Fraud social media Data 155

PYMNTS

MAY 26, 2017

In an ongoing digital fraud scheme, Chinese scammers have racked up over 950 million yuan ($138 million USD) from more than 93,000 victims by preying on victims’ sense of national pride and desire for easy returns. China’s Ministry of Public Security has broken up 15 gangs involved in the scam since October.

Fraud 118

Fraud social media National Policies 118

PYMNTS

APRIL 27, 2016

Can the data trapped in “Digital Exhaust” – like online and social media data – be used to validate identity and predict fraud? Suppose you could build a model that would help financial institutions of any kind fill in those gaps with online and social data that could make thin files thick without increasing their risk?

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Online Data social media Fraud 100

PYMNTS

JULY 10, 2019

Despite the pervasiveness of digital identity in everyday life, concerns surrounding digital ID security continue to make headlines, with billions of dollars lost to fraud. Switzerland’s Jura Hospital is currently testing a 3D finger vein scanner to more effectively secure patient data. Find the feature story in the Tracker.

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Apple social media Knowledge Base Mobile 158

PYMNTS

DECEMBER 6, 2018

Reuters , citing documents released by British lawmakers, reported that between 2012 and 2015 executives at the social media network operator — including chief executive Mark Zuckerberg — tracked how competitors were growing and then denied some access to user data that was available to other companies.

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Data social media Tools Video 116

Gonzobanker

AUGUST 17, 2022

Thankfully, there was still a smartphone and social media to commiserate. Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

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Fintech Lending Software Compliance 195

PYMNTS

APRIL 24, 2019

It may seem like ancient history now — about four years ago, the idea that consumers, merchants, financial institutions (FIs) and payment service providers would rely on the selfie (that much maligned form of self-expression in the smartphone age) for digital security seemed silly. That also holds true in the larger sharing economy.

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social media Security Data Online 156

PYMNTS

DECEMBER 31, 2019

In data coming into the end of the year, Risk Based Security said hackers had accessed 7.9 According to reports and as noted in this space, the data reportedly may have been accessed through manipulation of the social media giant’s API. Data compromised included email addresses, Social Security numbers and bank information.

Data 145

Data social media Security Report 145

PYMNTS

NOVEMBER 11, 2019

Data holds the key to helping modern enterprises develop effective anti-fraud strategies. Many businesses are sitting on massive troves of it, but they are also facing down the three “V’s” of data complexity — velocity, variety and volume — which can make tackling fraud even harder. . Structured Versus Unstructured Data.

Analytics 116

Analytics Data Fraud Tools 116

CFPB Monitor

JUNE 26, 2022

Similarly, the Federal Trade Commission reports that older adults account for 35 percent of the victims associated with filed fraud reports when a consumer has provided an age. Reference supporting documentation, including any photos or video footage, in the narrative. billion in 2019 to $3.4 billion in 2020. Theft and Scams.

social media 78

social media Fraud Resources United States 78

FICO

FEBRUARY 1, 2017

Funnily enough, this scene parallels the problems discussed at a FICO roundtable on ‘How to Fight Auto Loan Fraud’ held this week at the AFSA Vehicle Finance Conference & Expo. The misuse of SSNs from children and the elderly was also seen as a growing loophole for fraud and abuse.

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Fraud Analytics social media Data 40

FICO

FEBRUARY 1, 2017

Funnily enough, this scene parallels the problems discussed at a FICO roundtable on ‘How to Fight Auto Loan Fraud’ held this week at the AFSA Vehicle Finance Conference & Expo. The misuse of SSNs from children and the elderly was also seen as a growing loophole for fraud and abuse.

Fraud 40

Fraud Analytics social media Data 40

South State Correspondent

AUGUST 1, 2022

Your strength is your data, and your success comes from defending your data and applying your data at various angles – to credit, fraud, marketing, and understanding both your employees and customers. When it comes to future success in data management in banking, the same rules apply. The problem is threefold. What Are Data Lake Houses?

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Data Tools Management Analytics 195

PYMNTS

DECEMBER 19, 2018

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

Data 127

Data social media New York Apple 127

PYMNTS

APRIL 28, 2016

GB of leaked documents disclosed some customers’ bank information, telephone numbers and dates of birth. QNB confirmed to Reuters that its investigation into “social media speculation in regard to an alleged data breach” was ongoing but assured “all concerned that there is no financial impact on our clients or the bank.”

National 100

National Report social media ATM 100

PYMNTS

DECEMBER 12, 2018

The hackers targeted 87 entities using phishing methods through social media. The original malicious documents were hosted in the U.S.,” The deviant campaign targeted defense and government organizations. The attacks ran from October through November. Once a user opened the message, a program called “Rising Sun” was installed.

Groups 100

Groups social media Software System 100

FICO

JULY 7, 2020

While we’ve seen it take some unexpected turns, like the surge of pet adoption scams , where criminals prey on the desire to adopt a furry friend while under quarantine, there are other kinds of fraud that we have come to know and expect from criminals. At FICO, part of our core mission is to keep people safe from fraud. Fake Profiles.

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social media Resources Fraud Examples 97

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. That’s important in a world where commerce is increasingly moving online. The free service could be offered through the Echo speakers.

social media 125

social media Online Regulation Taxes 125

Qudos Bank

FEBRUARY 15, 2024

Phishing scams are usually enacted through email, social media or via SMS, and involve scammers using messages with malicious links designed to steal your usernames, passwords and other sensitive information. Visit our Fraud & Security hub to explore our extensive resources and find out how you can protect yourself.

cryptocurrency 52

cryptocurrency social media Online Security 52

PYMNTS

JUNE 27, 2017

So we also added a new focus: applying document and artificial intelligence/machine learning to develop enterprise-class solutions for identity verification in digital channels that meet the market need for a great user experience, risk mitigation and regulatory compliance. billion in 2016, according to Javelin.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

MARCH 11, 2016

So how can companies strike the balance between ensuring customer acquisition processes are not just efficient, but also frictionless and secure? GIACT Systems’ co-founder and Chief Technology Officer Merlin Bise says the use of smart data in real-time is key to overcoming the onboarding stumbling blocks many companies are facing. “The

Data 100

Data Customer Experience social media Fraud 100

William Mills

JUNE 22, 2017

The team also consists of Rachel Morrissey, executive producer of Fintech5, and Mike King, a fintech social media leader and author of Bankwide. BreakingBanks is hosted by Brett King and is a podcast documenting technological changes to financial services, from banking to payments to money itself. Bank on IT. Breaking Banks.

Fintech 61

Fintech social media Cyber Security Conference 61

PYMNTS

JULY 15, 2016

The risk analysts over at Bay Dynamics secured a healthy $23 million in Series B funding, the startup revealed on Wednesday (July 13). While there are solutions to help businesses identify or avoid employee fraud, one startup, Behavox , is providing employee management solutions to ensure financial services companies remain compliant.

social media 100

social media Management Analytics Capital 100

PYMNTS

SEPTEMBER 17, 2018

Per Nathan Shields, special agent with the FBI , the details of the conspiracy and the hack(s) come from multiple sources, spanning activities such as analyzing compromised victim systems and executing approximately 100 search warrants across 1,000 email and social media accounts. Park is being charged by the U.S.

New York 188

New York Fraud System social media 188

CB Insights

JANUARY 9, 2018

The emergence of “fake news” — false stories that gain traction across the internet and social media — has become a major story since the 2016 elections. Technology’s role in the fake news crisis is huge and well documented — with companies like Facebook and Twitter under scrutiny for allowing the spread of false stories.

social media 61

social media Trends Branding Online 61

FICO

JANUARY 12, 2018

And if you are, how will you secure the data your body transmits? Given the social media driven world we inhabit today, it isn’t too difficult to imagine such a world, even if it does conjure images of Tom Cruise being bombarded with personalised augmented reality pop-up adverts in Minority Report (one day, marketers, one day).

social media 60

social media Analytics Mobile Security 60

PYMNTS

FEBRUARY 21, 2018

We’re referring, of course, to the act of opening a bank account from scratch, from the beginning – providing everything from name, address, Social Security number, identity documents and the like…. After the Mueller indictments, do banks’ “day zero” identity verifications need a makeover?

Compliance 101

Compliance social media System Online 101

FICO

AUGUST 28, 2020

Until recently, most consumer-facing organizations have relied on username and passwords to secure accounts. Plus, consumers don’t like passwords as a security measure. Our recent survey found that only 40 percent of people are prepared to use username and passwords for security, while password management causes people real problems.

Management 52

Management Security Cyber Security social media 52

Qudos Bank

MAY 17, 2023

Phishing scams are usually enacted through email, social media or via SMS, and involve scammers using messages with malicious links designed to steal your usernames, passwords and other sensitive information. Visit our Fraud & Security hub to explore our extensive resources and find out how you can protect yourself.

cryptocurrency 40

cryptocurrency social media Online Security 40

PYMNTS

JUNE 12, 2019

We have fully cooperated with the FTC’s investigation to date, and provided tens of thousands of documents, emails and files. Facebook wants to make a deal with the FTC and continue to move forward, and Zuckerberg has recently said the company will pivot more toward encrypted messages and privacy.

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Washington Maine Data Report 134

CB Insights

JUNE 5, 2019

Biometric technology such as facial recognition can quickly and accurately identify individual people and their emotional state, making it a powerful tool for ensuring security and preventing fraud. Energy companies are leveraging facial recognition for security, payments, and driver health.

Technology 78

Technology US Company Security 78

PYMNTS

JULY 15, 2019

The cybersecurity company Symantec has found an exploit that can be breached by hackers using WhatsApp and Telegram media files, according to reports. The exploit, which is being called Media File Jacking, would allow everything from personal photos to documents to be manipulated in real time.

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Google Software Examples System 101

NCR

DECEMBER 18, 2015

Preta, the subsidiary of EBA Clearing that owns MyBank, says there is growing demand for a pan-European identity verification service, with around 225 billion authentication transactions per year across email, social media, e-commerce and e-government. It all rests on the fact that banks are a trusted store of consumer data.

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Data social media Online Security 40

Tomorrow's Transactions

DECEMBER 28, 2016

Electoral fraud isn’t a huge problem in the United Kingdom but it does happen, and it looks as if it’s been happening with increasing frequency in certain areas. From Voters will have to show passports to combat voter fraud in ‘vulnerable’ areas with large Muslim populations. And, as it happens, in my own dear Woking.

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Fraud National social media Maine 42