Cisco

JULY 26, 2022

This is the reality for many financial institutions as they partner with cloud-native FinTech solution providers for growth, diversity, and greater resilience. They provide cloud-neutral connectivity, security, and compute and leverage data-driven performance analytics to ensure better operational visibility and resilience.

Security 162

Security Operations Leadership Data 162

BankInovation

JANUARY 30, 2023

Credit unions and community banks are looking to digital communications platform Eltropy to strengthen call center authentication and ultimately reduce fraud as voice-cloning tools and advanced AI present more opportunities for fraudsters within financial services.

Fraud 98

Fraud Community Bank Community Tools 98

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. Such caution presents a high bar that app-based startups must overcome. Fighting Fraud Visibly and Invisibly.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

Security 133

Security Data Fraud Tools 133

PYMNTS

AUGUST 28, 2019

In China, the central bank has said that it will offer up a three-year development plan for the domestic FinTech sector. The reports state that the FinTech firms in that country “should take the approach of [Chinese president] Xi Jinping’s socialism with Chinese characteristics in the new era as the guide.”

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

JULY 2, 2020

Children appear especially focused on this problem, which inspired a FinTech to offer biodegradable credit cards designed for use by minors. How FIs Adapt Fraud Detection During Times of Behavioral Upheaval. Find more about these and the rest of the latest headlines in the Tracker. Find the full story in the Tracker.

Fraud 222

Fraud Cards Florida Trends 222

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Fraud is a Top Worry. The lack of security cooperation between bankers and regulators also comes up for blame. There was a lot of ignorance.

America 102

America Security Miami Conference 102

PYMNTS

SEPTEMBER 19, 2019

The threat of a data breach is now an ever-present part of life for customers and the banks that serve them. This has become a larger problem for FIs as they must not only deal with protecting customers from fraud, but also guard against bad actors armed with 4.1 AI, ML Innovations Necessary to Stop Account Opening Fraud.

Fraud 144

Fraud Data Mobile Tools 144

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. On the back of the card, a small screen will display the CVC, also known as the dynamic security code.

Cards 131

Cards Fraud Security Study 131

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. The June AML/KYC Tracker ® explores these and other methods that financial services companies are adopting as they work to make their security efforts both faster and more accurate.

Report 158

Report Fraud Security Fintech 158

Payments Source

FEBRUARY 12, 2020

Despite advances in anti-fraud technology, scams remain a major problem for the energy industry, as criminals continue to exploit vulnerabilities present within the current system.

Security 120

Security Fraud System Payments 120

PYMNTS

NOVEMBER 7, 2016

Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security. “The Secure Payments Task Force is particularly interested in understanding any barriers that may exist to implementing the planned solutions.”

Security 193

Security Payments Survey Innovation 193

PYMNTS

JUNE 29, 2016

While security development continues to get more sophisticated, fraudsters keep getting smarter. As a result, fraud prevention and security must be — and is — a top concern for digital companies. According to recently released research from PYMNTS , fraud attacks are on the rise, up 215 percent year over year.

Fraud 100

Fraud Security User Experience Company 100

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. In the case of Same Day ACH in the U.S.,

Payments 141

Payments Fraud Security Data 141

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. Another technology in discussion will be the ever prevailing blockchain technologies.

Conference 70

Conference Fintech blockchain Compliance 70

PYMNTS

JANUARY 9, 2020

Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities. percent of card-present transactions within the nation were conducted via EMV card between July 2018 and June 2019.

Fraud 131

Fraud Cards Retail Security 131

Abrigo

MARCH 7, 2022

The world of FinCrime is more dynamic than ever, with fraud escalating thanks to an increase in mobile payments precipitated by the pandemic and security concerns rising over the Russian conflict in Ukraine. 2022 Regulatory Focus. Anticipating change in the anti-money laundering industry.

cryptocurrency 195

cryptocurrency Regulation Fraud Policies 195

PYMNTS

JUNE 12, 2019

As banks provide new payment options to their business customers, he added, it’s important that they also help protect their clients from fraud. Banks and their solution providers can help level the playing field by bringing to the table fraud expertise, as well as machine learning that can help detect and deter attacks.

Fraud 155

Fraud Security Payments Technology 155

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. A September to Remember. Those under €30 ($33.93

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

DECEMBER 8, 2020

. Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. The company said its technology prevented one fraud attempt every 51 seconds during the month, totaling 22,000 thwarted attacks.

Video 211

Video Report Meeting United States 211

PYMNTS

JANUARY 25, 2021

"The new technologies and payments rails that connect consumers and merchants provide a unique opportunity to transform the prospects for small businesses everywhere, but also present huge challenges that we must lean into, not shrink from," notes Hughes in " A Look Forward: What Executives Wish for America and the World in 2021.

Industry 155

Industry Payments Fraud How To 155

PYMNTS

JANUARY 24, 2020

Anti-fraud efforts can seem like word salad with exotic ingredients being tossed around: strong consumer authentication ( SCA ), two-factor authentication (2FA), the second Payment Services Directive (PSD2) … you get the idea. Ask consumers what they want, however, and the acronyms vanish like a metaphor for things that vanish.

Mobile 166

Mobile Fraud Millennials Security 166

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

Payments 122

Payments Fraud Strategy Security 122

FICO

AUGUST 24, 2021

As a fraud professional, you may feel as though your organization walks a tightrope, balancing minimal customer friction with maximum risk mitigation. Through the lens of the customer journey, we may need to combine a fraud decision and an authentication decision, or identity proofing and KYC compliance decisions. Adam: Exactly.

Fraud 52

Fraud Tools Compliance ATM 52

PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. Many customers want access to convenient, digital financial solutions from FinTechs that are using open banking integrations to provide robust services.

Security 151

Security Fintech Data Comparison 151

PYMNTS

MAY 3, 2016

Over the weekend, CBS brought FinTech to prime time during a segment of its “60 Minutes” broadcast on Sunday (May 1). Lesley Stahl, who hosted the segment, used Stripe as an example of how FinTech is transforming payments and, in particular, how they simplify the process new merchants face when attempting to accept payments online.

Fintech 100

Fintech Online Payments Fraud 100

PYMNTS

SEPTEMBER 10, 2019

How FinTech Apps Can Ace Security. As a result, companies must either invest in teams of AML specialists or fraud-fighting technologies. As a result, companies must either invest in teams of AML specialists or fraud-fighting technologies. B2B Payments: Moving from Inertia to Ignition.

Apple 108

Apple New York City Payments New York 108

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. Looking At Digital IDs — And Friction.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

NOVEMBER 16, 2020

In order to transact through the system, users need to register "keys" with their bank or fintech. Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. It takes consumer data to make PIX work. The Need For Speed .

Payments 328

Payments System Cards Fraud 328

PYMNTS

FEBRUARY 18, 2020

This opens the door to new avenues of attack by those who wish to steal data, hijack accounts and make off with ill-gotten gains, as Eric Kraus, vice president of risk, fraud and compliance at FIS , told PYMNTS in a recent interview. Traditional FIs, he said, have been wary of disintermediation by FinTechs. Fraud’s Shifting Landscape.

Fraud 166

Fraud Data Mobile Cards 166

Insights on Business

APRIL 2, 2019

Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust. Exposure to operational risks, data breaches and fraud losses can rise as a consequence of adopting new payment types and channels. Progressive approach to payments modernization. The answer is yes.

Payments 125

Payments New York City Fraud New York 125

PYMNTS

NOVEMBER 13, 2020

Fraud is another consideration. The growing reliance on global digital payments calls for strong mechanisms that are immune to security threats and can handle large volumes of transactions safely without compromising delivery times,” Nilesh Pathak, Chief Technology Officer at Nium told PYMNTS.

Payments 259

Payments User Experience Meeting System 259

PYMNTS

JANUARY 30, 2019

These challenges of ensuring authentication and following ever-shifting AML guidelines present a conundrum for businesses looking to expand globally. The challenges faced by merchants, banks, FinTech firms, retailers and other players looking to expand globally are also creating a market for potential solutions to their KYC and AML needs.

How To 170

How To blockchain Compliance Regional 170

PYMNTS

SEPTEMBER 19, 2019

The latest Securing B2B Payments Report shines a light on risk and security issues. . Security vs. Friction. Losses from fraud were estimated to hit $4.2 trillion last year, which means businesses need to balance keeping payments secure while still delivering a seamless payment experience.

Innovation 134

Innovation Payments Phoenix Security 134

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. Building blocks for a fintech world: Hands-on workshop. For those in API development, open banking, fintech and financial institution digital transformation. 12:00-12:55 PM. 2:00-2:45 PM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

Gonzobanker

MARCH 28, 2024

The digital players are working to differentiate based on stronger customer experience features and tight integrations in areas such as financial health, data-driven marketing and fraud/security. Demand concrete evidence for each feature, use case and integration presented by a provider. Don’t be sold on vaporware.

Digital Banking 148

Digital Banking Customer Experience Strategy Exercises 148

Accenture

FEBRUARY 28, 2017

Alternative payment mechanisms such as PayPal, iDEAL in the Netherlands and Klarna (Europe and US) will continue to grow strongly (20% – 30%) for e-commerce, driven both by convenience and by high fraud rates in card-not-present transactions. Real-time Payments Interbank Infrastructure. Transaction Banking.

Payments 150

Payments Bitcoin Samsung Fraud 150