FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Synthetic Identities and Application Fraud. Innovative Customer Communications for Fraud. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

FICO

JULY 1, 2022

Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil). by TJ Horan.

Fraud 52

Fraud Trends South Carolina Risk Management 52

FICO

SEPTEMBER 20, 2022

Fighting Fraud with Responsible AI: My Talk with Dr. Scott Zoldi. FICO fraud expert TJ Horan talks fraud management and responsible AI with FICO's Chief Analytics Officer, Dr. Scott Zoldi. As for me, I’m a software guy and payments professional doing my best to roll with the changes in an ever-shifting fraud landscape.

Fraud 52

Fraud Analytics Strategy System 52

Insights on Business

OCTOBER 31, 2019

In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution. Linking FIRST to scenarios, risks or assessments allows an institution to show real life examples of how external events have evolved and created impact for other (peer) institutions.

Case Study 79

Case Study Study Compliance Risk Management 79

Independent Banker

MAY 31, 2022

Fraud and cyber attacks are on the rise, and at great expense to the industry. Here are some ideas for strengthening fraud defenses. Fraud and cybercrimes continue to increase, causing challenges for community banks. Illustration by Cnythzl/iStock. By William Atkinson. Cybercrime could cost $10.5

Community Bank 134

Community Bank Community Fraud Texas 134

Insights on Business

OCTOBER 31, 2019

In particular, FIRST’s external loss event benefits can be seen in the integration to the OpenPages Operational Risk Management solution. Linking FIRST to scenarios, risks or assessments allows an institution to show real life examples of how external events have evolved and created impact for other (peer) institutions.

Case Study 70

Case Study Study Compliance Risk Management 70

CFPB Monitor

JUNE 30, 2022

Of special note, the OCC also believes compliance risk is “heightened” for Bank Secrecy Act/Anti-Money Laundering (BSA/AML) and Office of Foreign Assets Control (OFAC) compliance because of world events and compliance staffing concerns. BSA/AML Compliance Risks. Cybersecurity Risks.

Compliance 78

Compliance Fraud Technology Operations 78

PYMNTS

MARCH 19, 2019

The NCAA men’s basketball tournament stands as the largest sporting event since the Feb. That includes DraftKings , which operates a fantasy sports app. Use reloadable cards and instant access to funds to keep gamblers happy and loyal to a particular gambling operation. And about 4.1 That’s thanks to the U.S. The general idea?

Online 125

Online New Jersey Las Vegas Risk Management 125

Abrigo

MAY 5, 2022

Podcasts for Bank & Credit Union Execs & Staff Are Plentiful; Here Are 10 Good Ones These banking podcasts discuss current events, strategic and policy issues, competition, digitalization advice, and more. Fraud Prevention. Lending & Credit Risk. Portfolio Risk & CECL. NextGen Banker 10. Simply Stated.

Community 195

Community Lending Maine Resources 195

Insights on Business

OCTOBER 16, 2018

For those in marketing, data and analytics roles who have business operations responsibility. We’ll discuss the right platforms to handle payment volumes, putting APIs in place and preventing fraud in payments and more. Craig Rector, IBM Offering Management, Commercial Payment Solutions. The future of payment fraud prevention.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

PYMNTS

APRIL 30, 2019

Writ large, said Eleveld, the payments industry will likely see card-not-present fraud shift from Europe to more distant shores, where less strict authentication processes are in order. Geographically speaking, in a post-PSD2/SCA world, eCommerce fraud may shift, he said, to places like Latin America and the Asia Pacific region.

Fraud 171

Fraud Online Cards Payments 171

PYMNTS

SEPTEMBER 9, 2019

Settling the tens of thousands of claims and paying out those funds to all the consumers and businesses who need them will present a series of operational challenges over the next several weeks and even months, Ingo Money EVP and CPO Lisa McFarland told PYMNTS in a recent conversation. Overcoming the Challenges.

Payments 171

Payments Industry Cards United States 171

PYMNTS

OCTOBER 5, 2018

Among recent developments is the addition of PayPal to the sportsbook operated by DraftKings in New Jersey. consumers annually wager about $150 million on sports events, according to the American Gaming Association. Supreme Court for the spread of sports gambling if a particular state wants it. PayPal Progress.

New Jersey 148

New Jersey Payments Online Cards 148

PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. PYMNTS: What does a day in the life of a chief risk officer look like? At TNS, this includes managing compliance with regulatory requirements, such as PCI standards, card scheme rules and SSAE16 reports.

Risk Management 100

Risk Management Compliance Management Meeting 100

PYMNTS

SEPTEMBER 11, 2017

With the Equifax data breach, he said, “the toothpaste is out of the tube.” Individuals’ most sensitive info is out there, publicly available, and the latest event should give food for thought to CEOs and other organizational leaders to think about identities in two different ways. Those things are immutable and true facts and identifiers.

Fraud 136

Fraud Data Course Security 136

FICO

MAY 27, 2021

Many of our award winners rose to the task with new solutions and capabilities built on analytic decisioning investments that helped them to pivot to new operating models and constraints. Decision Management Innovation. Fraud & Security. Marcel Le Gouais , managing editor at Credit Strategy.

Analytics 52

Analytics Fraud Management America 52

PYMNTS

FEBRUARY 9, 2017

With more than $15 trillion in the stock market, improving the liquidity of investments is seen by many financial professionals as an essential step toward greater efficiency and reduced risk. E, and absent Reg E, they had no mechanism to deal with customer allegations of fraud or error. A Window Of Opportunity.

Security 100

Security Risk Management Conference Industry 100

FICO

JULY 31, 2019

As TPRM or third-party risk management grows in importance, so does cybersecurity risk assessment as part of it. The latest Assessment of Business Cyber Risk (ABC) report from the US Chamber of Commerce and FICO discusses four steps for improving third-party cybersecurity risk management. regions, cloud)?

Cyber Security 70

Cyber Security Management Security Risk Management 70

PYMNTS

APRIL 30, 2020

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. This lack of attention given to supplier risk meant wasted spend and fraud. Unprecedented Risk.

Risk Management 148

Risk Management Management Analysis Strategy 148

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. The inciting event was LendingClub’s agreement with Jefferies Financial Group that involved changes to their borrower agreement.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

MARCH 25, 2020

Event-triggered capabilities are valuable in driving portfolio optimization across revenue and expense management , maintained Kelly. This can include communications to recognize customer milestones, adjust fees, provide offers or send alerts for risk management activities related to delinquencies and fraud.

Cards 108

Cards Risk Management Management Strategy 108

Independent Banker

OCTOBER 1, 2022

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk.

Data 91

Data How To Community Bank California 91

Insights on Business

JUNE 18, 2018

Innovators and industry leaders across the marketplace will discuss the impact of technologies like artificial intelligence and machine learning and how they are being used to give security firms new insights from risk management to compliance. Another technology in discussion will be the ever prevailing blockchain technologies.

Conference 70

Conference Fintech blockchain Compliance 70

PYMNTS

SEPTEMBER 23, 2016

While all companies hope to avoid the damages and financial costs of high-profile breaches, IT leaders are still facing a very complex cybercrime world and a tough time ensuring that their security goals don’t interfere with business operations. A survey of 287 U.S.

Security 100

Security Survey Risk Management Management 100

FICO

FEBRUARY 9, 2023

I’m curious as to how they balance their goals of delivering growth while managing the headache of rising interest rates, inflation and tightening budgets. They’re also operating against an increasingly competitive backdrop amid consumer expectations for faster, smarter, suitably tailored and personalized experiences. TJ holds a B.S.

Analytics 52

Analytics South Carolina Management US 52

PYMNTS

AUGUST 30, 2018

Paying for payments is singularly unappealing for most small businesses, Byrne noted – and in the cases of some independent operators, it doesn’t make economic sense. As Webster pointed out, that does mean that myPOS has to carry some risk – particularly in the event of a chargeback.

ATM 105

ATM Cards Payments Case Study 105

Fintech Labs Insights

JUNE 18, 2015

We recently caught up with John Canfield, VP of Risk for WePay, to chat about how he combats fraud. What rarely gets mentioned in the coverage is just how complicated platform payments can be, given myriad operational, regulatory, and risk prevention requirements. It also provides regulatory and fraud risk protection.

Security 12

Security Payments San Jose Fraud 12

South State Correspondent

MAY 13, 2024

Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Unfortunately, most banks don’t gather fraud data across payment channels or track “pre-crime events.” One material forthcoming impact will be efficiency improvement in payments.

Conference 195

Conference Payments Fraud Data 195

Insights on Business

DECEMBER 17, 2018

Over the past year, the discussion of governance, risk and compliance (GRC) has continued in stories related to financial services and other sectors. Headlines related to improper conduct, fraud, infringement of privacy data have all contributed to industry re-examining the meaning of GRC in today’s business environment.

Compliance 121

Compliance Resources System Risk Management 121

FICO

APRIL 1, 2020

The event was to be held in March but due to Coronavirus, it has been postponed to October. Working at FICO and industry events is a great opportunity to engage with colleagues, customers and industry experts and present the latest thought-leadership and innovations Nikhil - What does your job entail?

Analytics 80

Analytics Customer Experience Software Fraud 80

PYMNTS

FEBRUARY 3, 2017

To really do it right, according to Bilafer, it’s key to look hard at a handful of major areas: onboarding/enabling, payout/settlement, payments processing, risk management, compliance and value adds. When you start looking at risk and compliance, we have people who believe they know their clients and merchants.

Payments 100

Payments Fraud Compliance Guidelines 100

Gonzobanker

DECEMBER 22, 2014

It’s been a busy year integrating recent acquisitions, purchasing $1 billion+ in Banco Popular deposits, hiring former Los Angeles Mayor Antonio Villaraigosa to advise on community relations, and having former President Bill Clinton speak at a major financial literacy event. Risk Management. ??? takes Susquehanna Bancshares Inc.

Los Angeles 101

Los Angeles Apple Risk Management California 101

FICO

APRIL 17, 2021

Plot Summary Phil Conner is a Pittsburgh TV weatherman on a remote assignment covering the annual Groundhog Day event Punxsutawney, Pennsylvania. Computer systems are not yet ready for operational use (though the IBM® 7090 is the butt of multiple jabs throughout the movie). Chernin Entertainment). Before the Door Pictures).

Data 139

Data Analytics Management Meeting 139

Gonzobanker

DECEMBER 14, 2023

On one hand, there were tons of stories emerging about operational and compliance chaos in BaaS partnerships, enough to scare many banks who were standing at the edge of the pool to conclude, “I’m not jumping in.” The Holy Crap Operational Risk Award – goes to the growing threat of ransomware with bank technology vendors.

Fintech 195

Fintech Community Regional Technology 195

William Mills

MAY 9, 2018

I’ve participated in every US event except one as well as Finovate Europe last year. There are a number of great events in FinTech but this one I do my best to attend each year. In addition to two great days of demos I’m looking forward to days 3 and 4 of conference content and a panel session I’m hosting on Friday.

Security 40

Security Samsung Strategy San Jose 40

Fintech Labs Insights

JULY 16, 2015

Today, we’re revealing the first group of companies that will take the stage at the event. Tickets have been selling fast for the event, which will be held September 16 & 17 at the New York Hilton Midtown. ID Analytics brings patented analytics and real-time behavioral insight to consumer risk management.

Company 12

Company Mobile Software Big Data 12

FICO

JANUARY 5, 2023

With a weakening economy, BNPL firms have seen a rise in bad debts, growing losses, increased costs of operations and tumbling share prices. The proposed rules appreciably increase corporate accountability on cyber risk, starting from the boardroom and cascading down throughout the organization.

Policies 52

Policies Company Regulation Risk Management 52