PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. The recent payouts by the U.S.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

OCTOBER 16, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies. According to a KPMG study , 63 percent of financial institutions use transaction monitoring based on rules and machine learning.

Compliance 123

Compliance Fraud Study Digital Banking 123

PYMNTS

OCTOBER 22, 2020

A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.

Technology 134

Technology Comparison Security Customer Experience 134

Bank Innovation

APRIL 8, 2019

Riskified, an Israeli startup that provides anti-fraud services for online transactions, is seeking to raise as much as $200 million, according to people familiar with the company’s plans.

Fraud 150

Fraud Financial Technology Online Technology 150

PYMNTS

OCTOBER 28, 2020

In other words, payments are the pathway into CU members’ daily financial interactions, and thus the path to becoming customers’ primary financial relationship. No one is considering innovations that they want to get around to “someday.”. “In Dragt said those solutions can make the member’s security feel truly effortless.

Payments 151

Payments Fraud Innovation Tools 151

William Mills

AUGUST 9, 2016

William Mills Agency, the largest independent public relations and content marketing firm specializing in the financial industry, is pleased to announce today that it will provide PR services, trade show support and social media services for Tennessee-based, ACH Alert.

Fraud 40

Fraud Company Tennessee social media 40

Abrigo

MAY 5, 2022

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. Financial Businesses. Fraud Prevention.

Community 195

Community Lending Maine Resources 195

PYMNTS

AUGUST 27, 2019

According to PYMNTS’ Credit Union Innovation Index , 65 percent of CU members said they chose a CU as their primary financial institution (FI) because they trusted it, as opposed to 45 percent of non-CU members who said the same. While the PYMNTS study found loyalty programs are members’ most popular desire at 49.1

Data 122

Data Report Los Angeles California 122

Insights on Business

OCTOBER 16, 2018

The IBM team will present on a variety of topics ranging from AI to the future of payments to the current trends in financial services. Maura K Schoonmaker, IBM Program Director, System z Banking and Financial Markets. For heads of payment operations, retail banking, and strategy or innovation. 10:45-11:30 AM. 1:00-1:45 PM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

PYMNTS

OCTOBER 4, 2019

“Legacy payment providers are looking for ways to innovate in the ways that [FinTech firms] do, and to avoid duplicative costs.”. With the transaction now complete, Fiserv is one of the world’s largest payment and financial technology providers. Recent Trends.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

APRIL 3, 2018

Fiserv VP of digital banking Scott Domach says the robust voice banking experience embraces everything from bill payment push alerts to fraud alerts, but one thing rules above all: The principle of natural speech. It’s about juggling bills, planning, investing, saving and, in this day and age, guarding against fraud.

Mobile 124

Mobile Fraud New Mexico Examples 124

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. At the SIFMA Fintech Conference this week these powerful technologies will be on display in the Big Apple. IBM keynote. We are excited to see you all this week at SIFMA 2018.

Conference 70

Conference Fintech blockchain Compliance 70

FICO

SEPTEMBER 30, 2022

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker.

Meeting 52

Meeting Analytics Management Strategy 52

PYMNTS

JUNE 20, 2016

San Francisco-based Plaid was founded in 2012 with the vision of making the world a better place for FinTech firms by providing easy infrastructure to connect FinTech innovators with their clients’ bank accounts. We are excited to partner with Plaid and support the business as it continues to enable financial innovation.”.

Technology 101

Technology San Francisco Fintech Financial Technology 101

NCR

AUGUST 29, 2017

The transaction is authenticated using fingerprint recognition, combining maximum security with consumer convenience , according to Barclays. One of the potential advantages of this technology is making person-to-person payments easier for people with additional needs.

Payments 51

Payments ATM Apple Mobile 51

Gonzobanker

DECEMBER 14, 2023

We remember his architecting the legendary Bank of America and Security Pacific merger on the West Coast. Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. The “What the Hell Are Bankers Doing?” billion, Kalamazoo, Mich.).

Fintech 195

Fintech Community Regional Technology 195

Insights on Business

SEPTEMBER 21, 2018

As a leader in the financial services industry and at the forefront of payments, mobile, commerce and financial technology, IBM will convene a terrific team of financial services experts and partners for a variety of activities at this year’s Money20/20 conference. Using Payment Innovation to Change the Way Money Moves.

Conference 115

Conference Customer Experience Industry Trends 115

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. Let’s see how this new scale allows for big investments in future innovation. She was a trailblazer and an early innovator in analytics. The Smarter Bank Technology Award.

Community 216

Community Fintech Industry Innovation 216

William Mills

FEBRUARY 7, 2017

Key trends in this year’s report include the continued evolution of payments technology, increased adoption of self-service and innovative branch automation technology, and further enhancements to mobile banking – all converging as part of an overlying strategy to improve the customer experience. Download the full report here.

Report 40

Report social media Customer Experience Industry 40

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept. The SEC Finding. said U.S. “So,

Lending 135

Lending Fraud Management San Francisco 135

NCR

JUNE 1, 2016

That’s why we found this seminar titled “Beyond Bitcoin: The future of blockchain and disruptive financial technologies,” (the video is now online), conducted earlier this year by the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, so interesting, and we encourage you to take a look.

blockchain 40

blockchain Bitcoin Michigan Policies 40

NCR

FEBRUARY 7, 2017

Continual investment in the development and modernization of self-service networks will ensure that customers see the benefits of innovation across all channels. New fraud threats. With new technologies and consumer behaviors come new fraud threats. Cash isn’t going anywhere. In summary.

Trends 40

Trends ATM Fraud Course 40

Independent Banker

OCTOBER 29, 2014

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. Reducing technology costs and local market savvy can enable community banks to become equal competitors in the mobile and digital footrace, but they’ll need to begin taking steps soon and planning strategically.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

MAY 18, 2016

As President of Trulioo, Jon Jones is passionate about protecting consumers and businesses from all facets of fraud and subsequent loss — but he doesn’t believe that doing so effectively has to come at the expense of technological innovation. In many ways, RegTech can be viewed as an innovation enabler.

Innovation 100

Innovation Technology Regulation Fraud 100

William Mills

MAY 9, 2018

How they describe their product/innovation: Project Finance is a personal finance application that shows users the future of their finances based on all the choices and decisions they’re making today. Grounding your organization’s digital transformation in people, processes, and technology is critical.

Security 40

Security Samsung Strategy San Jose 40

Fintech Labs Insights

JUNE 18, 2015

As a payments platform, WePay conducts business in a battlefield of daily security concerns. We recently caught up with John Canfield, VP of Risk for WePay, to chat about how he combats fraud. It also provides regulatory and fraud risk protection. Finovate: How is WePay using machine learning to combat fraud?

Security 12

Security Payments San Jose Fraud 12

CFPB Monitor

NOVEMBER 22, 2022

Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.

Fintech 78

Fintech Report Data Lending 78

PYMNTS

JANUARY 27, 2021

In this week’s look at the latest in Commercial Card Innovation, PYMNTS examines the tactics industry players use to overcome hurdles, including complex strong customer authentication (SCA) compliance requirements and the pain of supplier non-acceptance. Peoples Trust Secures CDIC Insurance For Payroll Cards.

Cards 237

Cards Capital Security Compliance 237

PYMNTS

AUGUST 28, 2019

Financial technology has made enormous strides in recent years, though it has been largely used only by institutions that can afford it. Large banks and FinTech providers are often first on the scene as they have the capital and resources to implement these innovations. Securing Their Customers From Fraud.

Analytics 115

Analytics San Diego Fraud Data 115

Fintech Labs Insights

SEPTEMBER 19, 2016

Ripple will use the funding, which takes the company’s total capital to more than $93 million , to grow its customer base and its team, as well as help secure strategic partnerships. Founded in 2012 and headquartered in San Francisco, California, Ripple demonstrated its technology as OpenCoin at FinovateSpring 2013.

San Francisco 12

San Francisco New York Financial Technology Technology 12

William Mills

MAY 11, 2016

It’s all done through the smartphone, with bank-level security. Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. Chip card reader for when customers are shopping online to improve security. David Carr (Innovation Manager).

Video 40

Video Mobile social media Analytics 40

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. About to show use case on credit card fraud. Demo: Bank application form.

Mobile 40

Mobile Cards Fraud Data 40

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. Auto-financing is ripe for innovation. I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40

Fintech Labs Insights

OCTOBER 16, 2016

Though usage remains low, Mastercard reported this week that it has seen an overall decrease in fraud since the EMV change. The company reports that between April 2015 and April 2016, retailers who have transitioned to EMV experienced a 54% decrease in counterfeit fraud. Ready, set, ACH. So what was big at Sibos 2016 this year?

Trends 12

Trends Fintech blockchain America 12

William Mills

MAY 11, 2016

01:08 pm NuData Security – @NuDataSecurity – [link]. This is a very sophisticated fraud detection technology! ^SR. Blake Wood (SVP & Director, Program Innovation). They are bringing financial data aggregation to the personal wealth management market. 01:15 pm 10 Reasons Why Fintech Startups Fail.

Video 40

Video Lending social media Analytics 40

PYMNTS

SEPTEMBER 27, 2019

The Federal Reserve’s buildup to faster payments innovation came to a head in August when it announced FedNow , its proposed real-time payments infrastructure under the draft Payments Modernization Act of 2019. House Committee on Financial Services Task Force on Financial Technology held a hearing Thursday (Sept.

Payments 174

Payments Kansas City Community Bank Community 174

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. For Banks, Know Your Customer, is a critical security responsibility. We expect to see innovations in mobile, security, analytics, customer experience, and more. ^SR. Greetings from Finovate Spring.

San Jose 40

San Jose Customer Experience Mobile social media 40