PYMNTS

NOVEMBER 3, 2020

While FinTech innovation has opened up the doors for small- to medium-sized businesses ( SMBs ) to access more sophisticated solutions to manage money, software fatigue has business owners overwhelmed by a barrage of siloed systems. They want to get their money as soon as possible.".

Online 150

Online Groups Fintech User Experience 150

PYMNTS

OCTOBER 14, 2016

The same premise holds true today and poses a knotty question in online commerce and FinTech: How do you know the person on the other end of a transaction is really who they say they are? And even if you do confirm their identity, how do you know that person can be trusted?

Fraud 100

Fraud Online social media Risk Management 100

PYMNTS

OCTOBER 18, 2018

In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar branches behind. How Banks Are Weaponizing Data To Fight Fraud. Elsewhere in the space, FIs are seemingly more focused on social media integrations. About the Tracker.

Fraud 178

Fraud social media Data Trends 178

Gonzobanker

AUGUST 17, 2022

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Fintech is still alive and well, Gonzobankers, and fintech deals are still happening. Banks Bought More Fintechs (Until Sum mer Break Started!).

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

JUNE 8, 2020

Retail dispute management system Chargeback announced Monday (June 8) that it has closed a $6.6 Chargeback said the money will accelerate its growth and ability to help online and offline retailers decrease credit card disputes, achieve higher win rates and retain more revenue. million Series A1 funding round.

Retail 142

Retail Management Customer Experience Capital 142

PYMNTS

SEPTEMBER 17, 2019

Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and fraudsters have been reluctant to abandon the scheme as this year progresses. Fraudsters made off with account numbers and other personal details, which could later be used for different synthetic identity fraud or related schemes. digital bank Monzo.

Fraud 196

Fraud Digital Banking Delaware Tools 196

PYMNTS

DECEMBER 11, 2020

Synctera Brings 'FinTech As A Service' To Community Banks. FinTechs want to offer compliant banking services, while community banks want new ways to grow deposits. The FinTech as a Service launched Tuesday (Dec. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit. Trackers And Reports.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

APRIL 8, 2020

As the nation’s traditional financial institutions struggle to cope, alternative lending platforms and other B2B FinTechs are exploring how to put their own technologies to good use. Small businesses, meanwhile, can use the platform to apply online as fewer physical bank branches are available. Funding Circle. Biz2Credit.

Lending 245

Lending Fintech America Technology 245

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. Customized, well-thought-out interactions—especially in the online banking space—are integral to wooing new customers and retaining existing ones. Fintechs know how to reach and work with the community. Photo by Janimal Photography.

Fintech 136

Fintech Marketing Community Bank Community 136

PYMNTS

NOVEMBER 19, 2019

The fact that fraud is on the rise is not new, nor is it surprising that banks are turning to artificial intelligence (AI) and machine learning to fight back. In the latest Digital Banking Tracker , PYMNTS looks at how banks are currently approaching their use of AI and machine learning in fraud protection and technology innovation.

Fraud 109

Fraud Digital Banking Innovation Data 109

Banking Exchange

NOVEMBER 3, 2020

COVID-19 has already proved its substantial impact on online-based fraud Feature Feature3 Fintech Security Cyberfraud/ID Theft Operational Risk Risk Management Covid19.

Fintech 78

Fintech Risk Management Fraud Security 78

PYMNTS

JULY 1, 2020

In a PYMNTS interview , NICE Actimize Head of Fraud Strategy Rob Tharle shed light on a nasty downside to the proliferation of open banking around the globe. Moving to open banking with APIs [application programming interfaces] has impacts on fraud systems. Amex Joins Revolut’s Open Banking Platform. In the U.K., Back in the U.S.,

Fintech 141

Fintech Strategy Fraud User Experience 141

PYMNTS

DECEMBER 7, 2020

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. The product will feature a 1.3 percent fee for U.K.

Fraud 159

Fraud Capital Regional Security 159

PYMNTS

SEPTEMBER 28, 2020

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions.

Online 151

Online Report Payments Regulation 151

PYMNTS

MARCH 27, 2020

companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption. California’s Pathlight announced a $7 million Series A funding round this week for its B2B technology that enables businesses to streamline day-to-day team management operations. Arkose Labs.

Cards 181

Cards Fintech Capital California 181

PYMNTS

AUGUST 5, 2019

Perhaps that’s why, in the midst of the seemingly never-ending stream of headlines about data breaches, account takeovers, stolen credit cards and online fraud , the notion of “check fraud” seems something of an outlier for the up-and-coming fraudster looking to make a decent living. The Whole New World of Check Fraud.

Fraud 162

Fraud Payments Mobile Handbook 162

PYMNTS

SEPTEMBER 13, 2017

Arizona-based startup Emailage — the identity verification company delivering risk scores to financial institutions (FIs) and online merchants based on customers’ email addresses — announced news that it’s going on tour. The company is calling it the “FinTech Roadshow.”. First, on Oct. 11 through Oct. 11 through Oct. 23 through Oct.

Las Vegas 118

Las Vegas Fintech San Francisco Arizona 118

Independent Banker

DECEMBER 1, 2021

Additionally, a recent survey by FIS shows that 37% of consumers began a new banking relationship with a major national or global bank that had a well-established online portal in the past 12 months. 18% of these consumers opened an account with an online-only direct bank. Benefits of FinTech partnerships.

Community Bank 91

Community Bank Community Fintech Guidelines 91

PYMNTS

JUNE 24, 2019

While banks continue to open their application programming interfaces (APIs) to third-party providers and FinTech firms, many are still in the dark when it comes to SCA. Meanwhile, banks across the EU are confronting other changes to banking and data, including the ways they tackle fraud. Around the PSD2 and GDPR Worlds.

Fintech 161

Fintech Regulation Compliance Data 161

PYMNTS

MARCH 22, 2018

Fraud detection startup Sift Science has raised $53 million in a series D round, bringing its total amount raised to $107 million. Founded in 2011, Sift Science plans to use this latest round of funding to grow its fraud detection and prevention product globally. Clients include Twitter, Airbnb, Twilio, Instacart, Zillow and Yelp.

Fraud 108

Fraud Atlanta Capital Big Data 108

PYMNTS

FEBRUARY 27, 2020

At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Enfuce Tackles Fraud In Open Banking. Fifth Third Bank Taps FinTech For SMB Lending. As part of the U.K.’s

Fintech 192

Fintech Fraud Data Lending 192

Insights on Business

JUNE 3, 2019

As e-commerce has revolutionized the way we buy and sell online, we are no longer bounded by borders or time zones. Because of this, traditional rules-based fraud detection systems have become outdated and no longer work. Today, real-time payments require real-time fraud detection. This is no easy feat.

Fraud 138

Fraud Data Payments System 138

Bank Innovation

SEPTEMBER 21, 2017

Fintechs have been exploring this idea for quite some time now, whether it be through fraud management, or using AI to execute trades across global equities algorithms business. EXCLUSIVE — Will the use of artificial intelligence push banking customers to better personal finance and saving habits?

Fraud 301

Fraud Fintech Management Online 301

PYMNTS

APRIL 2, 2020

New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s banks provide relief to small businesses hurt by the COVID-19 pandemic. In February, Bottomline released its 2020 Treasury Fraud and Controls Survey in partnership with Strategic Treasurer, a Georgia-based financial processing company.

New Hampshire 232

New Hampshire Fraud Georgia Survey 232

PYMNTS

JULY 6, 2017

API technology is opening new doors for the world of financial services, a trend that cultivates cooperation and collaboration between FinTechs and banks, once considered competitors. And there are instances where, even if it is a legitimate account, fraud is occurring.”.

Fraud 198

Fraud Payments Groups Industry 198

PYMNTS

JANUARY 27, 2021

The banking industry faces many day-to-day business challenges, including competition with digitally native FinTechs and the ubiquitous social distancing restrictions brought on by the pandemic. This increased digital presence also brings a greater risk of digital fraud, however. The Fraud Threats Facing Digital-First Banks.

Security 213

Security Innovation Fraud Study 213

PYMNTS

MARCH 28, 2019

What they are getting is that consumers want, and increasingly demand, a suite of services on the front end that make the financial management of their lives easier and more seamless. They can only prevent fraud or money laundering on the basis of what they’ve been programmed to flag. That is a trend emerging in all banks, he said.

Fintech 196

Fintech Fraud System Security 196

FICO

OCTOBER 7, 2022

Buy Now, Pay Later: BNPL Fraud and Regulatory Update. Buy now, pay later or BNPL financing is experiencing tremendous growth, but that growth can bring potential growing pains like fraud and regulatory scrutiny. As payments professionals well know, change creates opportunities for fraud. Meanwhile … BNPL Fraud Is on the Rise.

Fraud 52

Fraud South Carolina San Francisco Regulation 52

PYMNTS

FEBRUARY 20, 2019

That’s the way Dickson Chu, global head of portfolio management for BBVA , describes how fraudsters are now plying their craft. Inverting the Fraud Approach For Better Security. Banks tend to view fraud as an authentication problem, he explained, and focus on preventing it by identifying criminals before their defenses are breached.

Fraud 127

Fraud Data Security Fintech 127

PYMNTS

JUNE 3, 2020

MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities. One difference is the use of debit cards online. That means anti-fraud measures have 18 different varieties, as do other financial regulations.

America 248

America Regional Fraud Mobile 248

PYMNTS

DECEMBER 26, 2019

Deutsche Bank, Mastercard and IDEMIA are teaming up to introduce what they said is the first card in Spain to tap motion code technology, FinTech Futures reported on Thursday (Dec. The Calma Card also will reimburse people who are victims of online thievery or non-delivery of items purchased.

Cards 131

Cards Fraud Security Study 131

Insights on Business

NOVEMBER 22, 2017

The same technology that has helped change the world of payments has also fueled fraud complexity, requiring an increasingly sophisticated anti-fraud response – payments fraud has become a €20Bn ($23Bn) worldwide problem for financial institutions while the fraud detection and prevention market will be worth €28.49Bn ($33.19Bn) by 2021 [1].

Fraud 125

Fraud Payments Innovation Industry 125

PYMNTS

JUNE 15, 2018

In Africa, the biggest private bank in Kenya, CBA, has cemented a partnership with a FinTech there, Ennovative Capital, a Kenyan firm that licenses software to boost payments speeds. Financing is done through online and web platforms, with instant access to cash. The tech is licensed by a U.S. firm , PrimeRevenue.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

JUNE 4, 2020

Financial institutions (FIs) are working during the pandemic to provide speedy digital services while fighting off the rise in fraud attempts. FIs have long provided digital services, but many have designed these experiences for the customer demographics that most prefer online and mobile channels. Around The AML/KYC Landscape.

Report 158

Report Fraud Security Fintech 158

PYMNTS

JUNE 15, 2016

One emerging player in the Australian FinTech market has just secured another round of capital. PromisePay , a fully managed payments platform for online marketplaces, has raised $10 million in order to fuel its continued growth. Everything is moving online. There’s a fundamental shift in payments.

Fintech 100

Fintech Online Capital Fraud 100

PYMNTS

JANUARY 28, 2020

The problem can be especially acute when it comes to financial institutions (FIs), said John Owens, general manager of Elan Credit Card , in a new podcast interview with PYMNTS. If it’s the latter — or some combination of the latter — that means working with FinTechs or other financial services players that are not traditional FIs.

Fintech 169

Fintech Digital Strategies Mobile Resources 169

PYMNTS

MAY 5, 2017

Formerly known as Creditera, Nav, which offers small businesses an online platform through which they can find financing, announced a $13 million addition to its previously announced $25 million Series B funding round, bringing the total raised for this round up to $38 million. W2 Global Data. and international operations.

Fintech 137

Fintech Big Data Capital Data 137