PYMNTS

OCTOBER 25, 2018

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” The talks between Facebook and the firms underscore how the social media company balances the use of data for targeted advertisements with concerns about user privacy.

social media 134

social media Data Security Report 134

PYMNTS

SEPTEMBER 18, 2018

Facebook may be under fire for how it handles the data on its more than two billion monthly active users, but the social media company has been trying to get its hands on financial information from the financial services firms for years, reported The Wall Street Journal.

social media 176

social media Data Conference Report 176

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?

Online 100

Online Data social media Fraud 100

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. Even social media is getting in on the act. The chaos and misery can be overwhelming,” Cohen said. Another factor?

Fraud 188

Fraud social media Mobile Online 188

PYMNTS

JUNE 11, 2019

When it comes to authentication, customers largely prioritize convenience over safety, exposing them to fraud, and putting pressure on merchants and financial institutions (FIs) to offer convenient user experiences without compromising security. Tackling digital identity fraud is a constant struggle for both businesses and consumers.

Online 145

Online blockchain social media Security 145

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.

Data 116

Data social media Tools Video 116

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. Police in Tianjin, Beijing and Guangxi arrested 44 more suspects on Thursday (May 25).

Fraud 118

Fraud social media National Policies 118

PYMNTS

JULY 29, 2019

Thompson, on a charge of computer fraud and abuse. Thompson was apprehended so quickly because of statement she made on social media “for evidencing the fact that she has information of Capital One, and that she recognizes that she has acted illegally,” according to the criminal complaint signed by FBI special agent Joel Martini.

Cards 116

Cards social media Capital Seattle 116

PYMNTS

SEPTEMBER 16, 2019

Congress — with an eye on documents that show the inner workings of Big Tech. In other news this past week, Google agreed to pay a $548 million fine in France to settle a fiscal fraud probe that stretches back four years. Now the letters fly from the U.S. Google’s own regulatory and tax issues extend well beyond domestic markets.

social media 122

social media Google Taxes Arkansas 122

PYMNTS

AUGUST 11, 2017

FBI documents have revealed a global financial network run by a senior Islamic State official that funneled money to an alleged ISIS operative in the U.S. through fake eBay transactions. However, this case shows how they are now trying to exploit holes in the vast online financial world.

US 106

US Maryland social media United States 106

PYMNTS

JULY 16, 2019

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. Marketplace Abuse.

social media 145

social media Security Fraud Strategy 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

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.

Online 155

Online Fraud social media Data 155

Gonzobanker

AUGUST 17, 2022

Thankfully, there was still a smartphone and social media to commiserate. Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

Fintech 184

Fintech Lending Software Compliance 184

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

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

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. While digital identities are more widespread than ever, there are still more than a billion people around the globe who lack identifying documentation.

Apple 158

Apple social media Knowledge Base Mobile 158

CFPB Monitor

APRIL 11, 2022

SCs/HLCs held themselves out as licensed in solicitation emails and social media profiles, required borrowers to submit certain documents before receiving Loan Estimates, and made false and misleading statements to consumers about the availability of FHA refinancing programs and program terms.

Connecticut 78

Connecticut Company Regulation social media 78

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

DECEMBER 31, 2019

As has been documented here, fraudsters always look for the path of least resistance , and taking bits and pieces of disparate information can help them stitch together new personas that go on to drain accounts, take out loans, and even establish entire credit profiles that can exist for years.

Data 145

Data social media Security Report 145

PYMNTS

APRIL 24, 2019

Attention-starved celebrities and people showing off on social media used selfies, not serious, reputable companies competing for market share in the digital economy. Nothing offers a sure promise against fraud, of course, and nothing likely will.

social media 156

social media Security Data Online 156

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

Perficient

OCTOBER 15, 2020

Oracle Big Data Cloud SQL – this is Oracle documentation on using the Big Data Cloud SQL service. World Class Cloud Data Warehouse – you have almost certainly heard of Snowflake (if only for its recent IPO) and you may have heard that Cloud data warehouses are a hot technology category.

Analytics 332

Analytics Data Video Big Data 332

Abrigo

SEPTEMBER 18, 2020

Key Takeaways FinCEN has released three COVID-19-related advisories that remind financial institutions to stay alert to increasing fraud trends. Adjust your scenario thresholds and ensure your front line staff is aware of these fraud red flags to help detect and deter COVID-19-related fraud.

Fraud 195

Fraud Trends social media Regulation 195

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

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

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

PYMNTS

MARCH 11, 2016

An increase in the number and severity of Know Your Customer (KYC) compliance policies — which are key to combatting identity theft, financial fraud, money laundering and terrorist financing — only adds to the challenge and complexity of efficiently and effectively acquiring new customers.

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 60

Fintech social media Cyber Security Conference 60

FICO

OCTOBER 21, 2020

They are reaching out via social media to expand the store’s footprint. These new digital marketers are targeting specific audience through social media campaigns on Facebook, Instagram and even Snapchat. Digital document signatures increasingly make it fast and easy for buyers to take the purchase to the finish line.

social media 52

social media Online Groups Customer Experience 52

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

JULY 15, 2016

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. Behavox announced a Series A funding round on Wednesday (though did not elaborate on how much it raised). and Singapore.

social media 100

social media Management Analytics Capital 100

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

FICO

OCTOBER 21, 2020

They are reaching out via social media to expand the store’s footprint. These new digital marketers are targeting specific audience through social media campaigns on Facebook, Instagram and even Snapchat. Digital document signatures increasingly make it fast and easy for buyers to take the purchase to the finish line.

social media 40

social media Online Groups Customer Experience 40

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…. The data that belongs to you, except when it doesn’t. Oh, and they used pilfered data to do so.

Compliance 101

Compliance social media System Online 101

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.

Washington 134

Washington Maine Data Report 134

FICO

JANUARY 12, 2018

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