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

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

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. Jumio’s authentication technology asks for those identity details and requests that the shopper submit a selfie. Biometric Shift.

social media 156

social media Security Data Online 156

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

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

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

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

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. All of these risks have been exacerbated by the COVID-19 pandemic.

social media 78

social media Fraud Resources United States 78

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

PYMNTS

JUNE 27, 2017

As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. I saw this emerging need that our technology could address in a way that no one else was doing. JB: Generally, people underestimate how long widespread consumer adoption of new technology can take.

Innovation 145

Innovation System Mobile Trends 145

William Mills

JUNE 22, 2017

Fintech5 features key financial industry and technology influencers who are changing the game. The team also consists of Rachel Morrissey, executive producer of Fintech5, and Mike King, a fintech social media leader and author of Bankwide. Topics include fintech, risk management, blockchain, fraud detection and more.

Fintech 60

Fintech social media Cyber Security Conference 60

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

MARCH 11, 2016

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. “In So how can companies strike the balance between ensuring customer acquisition processes are not just efficient, but also frictionless and secure?

Data 100

Data Customer Experience social media Fraud 100

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

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

Lex Sokolin

MARCH 31, 2021

The second company, Feedzai, does fraud checks at the account opening and payment transaction layer, as well as helps with AML using machine learning. The company doesn’t position itself around solving “fraud” or other scary words used in the traditional regtech industry. and by association the art, music, and media communities?

Capital 52

Capital Marketing Community social media 52

FICO

MAY 19, 2022

We caught up with FICO’s “big man on campus” after his recent college tour, at which he lectured and/or met with students at the Massachusetts Institute of Technology (MIT) Sloan School of Business, the University of California San Diego Jacobs School of Engineering and Duke University’s Statistics Department. FICO: How about UCSD?

San Diego 52

San Diego Analytics Tools Data 52

CB Insights

APRIL 10, 2019

While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets. From creating checkout-free retail stores to eliminating concert tickets, here are 16 industries that are starting to transform with facial recognition technology. Law Enforcement.

Industry 78

Industry Examples Security Technology 78

PYMNTS

AUGUST 5, 2016

Perhaps the most glowing of reviews is related to the iris scanning technology that eliminates the need to have a fingerprint unlock the phone. Authenticating the consumer to mobile banking apps and payments give this technology the potential to unleash a lot of commerce opportunities. Iris Scanning. Dynamic Pricing Algorithms.

Bitcoin 100

Bitcoin Payments Samsung social media 100

William Mills

MAY 11, 2016

Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. Here’s another solution for document management and origination. ^SR. Can add loan documents with image capture via phone. Ijeoma (EJ) Onuosa (Founder).

Video 40

Video Mobile social media Analytics 40

William Mills

MAY 11, 2016

Banks are not experts in IT, so now they can leverage plug-and-play technology functionality. Corezoid is advocating for a “process focused” view of bank technology, by use of APIs. Going to speak about technology can be better used in the card world. For investors, they pre-populate legal investment subscription documents.

Video 40

Video Lending social media Analytics 40

William Mills

MAY 10, 2016

One use case is to use a bot, via text messaging, to help customers when they have potential credit card fraud. Qumrum allows banks to actually document customer interactions online. Kofax can do background search of other documents to help verify bank customer identities. Matt Decker (VP, Technology). Good job. ^WM.

San Jose 40

San Jose Customer Experience Mobile social media 40

PYMNTS

SEPTEMBER 11, 2017

When it comes to identity verification, the (possible) devil is in the details — and the details are in the documents. The comparison of photos to headshots process, commonplace to verifying a range of documents, may have some human assessment in the mix. Simply put, there’s more to the self than just the selfie. Version 3.0

social media 134

social media Security Fraud Comparison 134

William Mills

SEPTEMBER 9, 2016

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. From their web site: Based in San Francisco, MarketX was founded by a group of experienced professionals from finance, legal, and technology backgrounds. Addresses compliance, fraud experience and customer experience analytics.

social media 40

social media ATM Mobile Customer Experience 40

Fintech Labs Insights

OCTOBER 30, 2016

Deloitte recently asked what we should make of “regtech” in a new report titled, “RegTech is the new FinTech: How agile regulatory technology is helping firms better understand and manage their risks.” The technology is powered by Chain ( FD15 ) which counts Visa , Capital One ( FD15 ) & Citibank as investors.

blockchain 12

blockchain Trends Fintech social media 12

PYMNTS

NOVEMBER 16, 2018

All the data submitted and left behind online by users serves to give software ever-more information about how specific consumers browse, shop, buy, pay and transact (all of which go a long way to helping prevent fraud, of course). percent of banks have genuine artificial intelligence systems in place. That’s the promise.

Fraud 108

Fraud United States Data Technology 108

PYMNTS

APRIL 11, 2017

In an age where credentials are lifted and bartered and sold like the currencies hackers target themselves, the concept of anti-fraud efforts revolves around a simple idea: to make sure that the person being done business with is who they say they are in the first place. Thus, security of data becomes top of mind within a firm. “If

Data 101

Data social media Fraud Online 101

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.

social media 97

social media Resources Fraud Examples 97

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. The company is hoping this technology will be showroom-ready by 2020. Banks use facial recognition for authentication.

Technology 78

Technology US Company Security 78

William Mills

SEPTEMBER 7, 2016

03:04 pm Experian Fraud & Identity – https://www.experian.com/decision-analytics/identity-and-fraud/fraud-and-identity.html – @Experian – Adam Fingersh – GM and SVP, Fraud and Identity Solutions & John Sarreal. Perhaps there is a big bank in Canada that has embraced their technology.

Mobile 40

Mobile Cards Fraud Data 40

William Mills

MAY 9, 2018

Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Grounding your organization’s digital transformation in people, processes, and technology is critical.

Security 40

Security Samsung Strategy San Jose 40

PYMNTS

AUGUST 10, 2017

The more business is done online, the more fraud makes inroads. The more individuals leave a trail of information across websites, the more tempting the targets are for hackers to make off with everything from Social Security numbers to health care information. That old password you have? The one referencing your favorite Journey song?

Security 134

Security Guidelines Data National 134

PYMNTS

MAY 31, 2018

The saga that is Google versus the EU over these last eight years is well-documented , so I’ll spare you the lengthy narrative. Consumer requests to be forgotten can also be made by bad guys who have taken over the identity of a legitimate consumer after committing fraud. Take Google.

Google 120

Google Regulation Data Innovation 120

CB Insights

JUNE 6, 2019

Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business. No AdMob, no product. Founded: 2013.

Apple 78

Apple Branding Google Company 78

PYMNTS

FEBRUARY 19, 2018

According to the indictment, “in order to maintain … accounts at PayPal and elsewhere, including online cryptocurrency exchanges, defendants and their co-conspirators purchased and obtained false identification documents.”. social media. Such fraud in that year may have cost banks as much as $6 billion in card charge-offs.

Fraud 120

Fraud Data social media Security 120

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