PYMNTS

JULY 21, 2017

If a data breach is a sprint — where a fraudster grabs as much data as he or she can, as quickly as possible, in an effort to maximize ill-gotten gains — the fight against fraud is a marathon. Fraud varies country to country, region to region. Europe may offer a tell on the fraud to come. A marathon that never ends.

Fraud 116

Fraud United States Regional Cards 116

PYMNTS

MARCH 7, 2017

According to a report in The New York Times , the investigation in Turkey is focused on the way Google offers up digital services as part of a suite of software related to Android, its widely popular mobile operating system. Yandex argues that practice on the part of Google results in an uneven playing field and thus is unfair.

Google 100

Google New York Software Regulation 100

PYMNTS

JULY 16, 2020

s Google and Apple Inc. will face a potential disruption of their operations. In the Digital Identity Tracker this week, PYMNTS reported that keeping patients’ medical information safe remains a priority for governments and regulators around the world — and that the pandemic is making the task even more complicated.

Data 212

Data US Regional Resources 212

FICO

JANUARY 5, 2021

It’s no surprise that COVID-19 would be one of the subjects that drew readers to the FICO Blog last year, but for the Fraud Protection and Compliance category it wasn’t the only top draw. What else made for the hottest reads in 2020 for fraud and financial crime? Here were our top 5 posts: #1: Fraud And Financial Crime Convergence.

Fraud 52

Fraud Compliance Survey Google 52

PYMNTS

SEPTEMBER 13, 2019

As you no doubt know, 50 attorneys general this week announced an antitrust investigation into Alphabet and Google’s operations. A few comments stand out for hinting at just how far-reaching all of this may be — for Google, and in a read across, for Facebook and others.

Rhode Island 100

Rhode Island Google Apple Regulation 100

PYMNTS

JANUARY 28, 2019

According to an investigation by Sixgill, $250,000 of Fortnite items were sold on eBay in the last 60 days, with operations being conducted around the globe in Chinese, Russian, Spanish, Arabic and English. Mastercard and Google Fend Off Fines. And Mastercard wasn’t the only big brand feeling the sting of European regulators wrath.

Video 128

Video Data Google Cards 128

PYMNTS

MAY 31, 2018

It’s still early — hardly minute one — in the unfolding history of the General Data Protection Regulation , but a winner is emerging that is both familiar and big: Google. According to The Wall Street Journal , Google is an early beneficiary of changes in online behavior so far. billion in damages. billion in damages.

Google 116

Google Regulation Online Data 116

PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising.

Payments 195

Payments Regulation Security Data 195

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. A bashing that started in Europe in 2015 when the European Commission filed suit against Google for anticompetitive practices has accelerated sharply worldwide. Top Performers.

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. A bashing that started in Europe in 2015 when the European Commission filed suit against Google for anticompetitive practices has accelerated sharply worldwide. Top Performers.

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

JUNE 7, 2018

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. The regulation requires companies to provide more transparency over how consumer data is used. Last week’s look focused on how Google seemed to be benefiting early on from ad sales since the GDPR kicked in on May 25.

Los Angeles 107

Los Angeles Google Regulation Data 107

PYMNTS

OCTOBER 22, 2018

In fact, they have favored brands, with iTunes and Google Play cards popular favorites. The report excluded data on shop-at-home purchases and includes information about frauds reportedly directly to the FTC between January and September of this year. As of September 2018, losses from gift-card fraud have hit $53 million.

Data 134

Data Fraud Cards Regulation 134

Accenture

SEPTEMBER 22, 2019

An obvious reason is the inroads they’re making into the market, both domestically and globally: recent Accenture research finds that digital-only banks operating in the UK could amass a total of 35 million customers globally within the next 12 months, up from 13 million today. Regulation. Why are they doing so well?

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

OCTOBER 3, 2019

Even just five years ago, Prophix President and Chief Operating Officer Alok Ajmera said talk of using virtual assistants in the workplace seemed more like science fiction than a real possibility. However, the rise of B2C virtual assistants has also ushered in a highly divisive conversation about user data privacy.

Tools 139

Tools Data Security Fraud 139

PYMNTS

NOVEMBER 8, 2019

Not only that, but fresh PYMNTS research sheds light on fraud and facial recognition. It’s a concept Rob Orgel, now the new president and chief operating officer at Flywire , told Karen Webster was foundational to his decade-long career at Apple. In other words, it is no longer enough to respond to a fraud attack after it occurs.

Apple 100

Apple Cards Fraud User Experience 100

PYMNTS

JULY 30, 2019

Its AI-enabled chatbot , Dom, was combined with voice-activated technology in 2014, allowing customers to place orders the same way they would with a live operator. The second phase, which began in 2016, was integration with Alexa and Google Home, enabling customers to order pizza without even touching their phones.

Technology 119

Technology Mobile Google Software 119

BankUnderground

JUNE 25, 2020

Every minute of the day , Google returns over 3.5 Broadly, the Bank of England receives two main types of quantitative data from regulated firms. Second, and separately, regulators also have access to more granular data on specific types of financial agreements and transactions. Matthew Osborne and David Bholat.

Data 110

Data Big Data Regulation Risk Management 110

PYMNTS

OCTOBER 2, 2018

What would one say about a computer geek who said he could protect their online identity , and while doing do would make a bold move against the likes of Facebook and Google ? The big tech firms are trying to make sure they have a major say in whatever comes next for data privacy and regulation.

Data 189

Data Online Google social media 189

PYMNTS

JANUARY 21, 2019

That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. FIN members include Amazon , Apple , Google , Intuit , PayPal , Stripe and Square. Here’s where the canary flew in.

Payments 194

Payments System Innovation Cards 194

PYMNTS

MAY 25, 2016

Post-financial crisis regulations have forced banks to become more diligent and aggressive against financial fraud, including money laundering. Financial institutions assure authorities that their increase of de-risking practices is a direct result of new regulations, as well as a residual effect of the cost of compliance.

Fintech 103

Fintech Regulation Compliance Report 103

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. According to one estimate, “about 50 million internet-connected cars operate on U.S. Amazon’s Alexa is engaged in fierce competition with similar technology from the likes of Google and others.

Security 119

Security System Operations Report 119

PYMNTS

JUNE 27, 2017

A perfect example of that in the payments space is the slow consumer adoption of Apple Pay, Google Wallet and many other mobile payment technologies. The increased focus is a good thing — AML laws and Know Your Customer (KYC) requirements can help reduce crime, prevent terrorism and mitigate the risk of fraud.

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

NOVEMBER 20, 2017

Peeling back the onion to sift through the layers of social media, watchdog websites and legal databases, the questionable actors who Hennessy said “may not be operating at the surface level” start to reveal themselves. Hennessy noted that regulators at both the federal and state levels are refocusing on consumer protection.

social media 124

social media Examples Regulation Management 124

PYMNTS

MARCH 31, 2020

The necessity of such regulations is undeniable, however, as lagging data standards leave businesses and consumers open to fraud and boost frustration regarding the speed of digital transactions. The COVID-19 pandemic has led to a jump in online payments versus those made in stores, for example. Sixty-three percent of U.S.

Regulation 154

Regulation Data US Washington 154

PYMNTS

DECEMBER 1, 2017

The New York AG isn’t the only regulator that’s taken an interest in this story. Privacy regulators for the European Union said Wednesday (Nov. According to reports, European data protection authorities said regulators from France, Italy, Spain, Belgium, the U.K. Schneiderman has now launched an investigation into what happened.

New York 144

New York Data Regulation Washington 144

PYMNTS

SEPTEMBER 18, 2017

The credit bureaus were included in the CFPB’s scope of oversight in 2012, and she’s asked the agency to let her know what additional power it might need to better regulate the credit reporting agencies going forward. Senator Elizabeth Warren (D – Mass.) I’m sure they are quite busy making their list and checking it twice.

Report 202

Report Regulation Data Retail 202

PYMNTS

OCTOBER 13, 2017

“We find that declining reputation of the company, when you are seeing lots of complaints, is often a leading indicator of fraud,” said Hennessy. Banks must be mindful of the fact that often firms operate in multiple businesses, and banks can inadvertently misclassify customers. Misclassification?

Management 116

Management Examples Data Online 116

FICO

DECEMBER 1, 2022

Proper model package definition will improve the operational benefits of AI. Just as Amazon, Google and Microsoft Azure are the “Big Three” of cloud computing services, a few top AI cloud service providers will emerge to offer end-to-end AI and machine learning development, deployment, and monitoring capabilities. Time to market.

Analytics 98

Analytics Phoenix San Diego Tools 98

Independent Banker

NOVEMBER 25, 2015

The nonbank payment options PayPal, ApplePay, Google Wallet, Starbucks, Kickstarter and Square are household names. Unlike highly regulated, FDIC-insured banks, which are subject to strict, expensive security standards designed to protect consumers’ sensitive information, FinTech companies are barely regulated and seldom examined.

Community Bank 70

Community Bank Community Analytics Lending 70

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. In 2013, the lender’s originations count had grown to $2 billion, and Google acquired a minority stake in the company for $125 million.

Lending 135

Lending Fraud Management San Francisco 135

CB Insights

FEBRUARY 13, 2020

Fraud prevention tools. Sigma aims to streamline business operations. This process also comes with hurdles like regulations, fees, compliance standards, and payment card issuers — all of which become increasingly complex for international transactions. Online and offline payments. Supporting merchant partner growth.

Online 98

Online Company Retail Payments 98

PYMNTS

NOVEMBER 30, 2018

In cooperation with Google Cloud , the bank has been utilizing data analytics to develop the program, which would use machine learning to inspect the data from the banking behavior of more than 38 million customers. The bank has also reached out to regulators, which were supportive of the endeavor.

Google 179

Google System Data Risk Management 179

PYMNTS

FEBRUARY 7, 2019

Corporate expense management solution provider Coupa has updated its platform with new features targeting compliance and fraud prevention. Coupa is also focusing on fraud with the Coupa BSM enhancements, broadening the availability of Coupa Spend Guard which deploys AI to analyze employee spend behavior.

Compliance 143

Compliance Fraud Management America 143

PYMNTS

MAY 31, 2018

What may not be as familiar is its potential relevance to the regulations put in place by the European Union (EU), which forces its idea, from Brussels, of a perfect regulatory environment on the rest of the world. EU Regulators and a Backwards View of Who’s Being Harmed. Take Google.

Google 120

Google Regulation Data Innovation 120

Lex Sokolin

OCTOBER 14, 2020

Google is the platform that mediates access and takes rent through advertising. Google is the platform worth over a trillion dollars today. Most good investment opportunities still want to raise money form Goldman Sachs, Google Ventures, and Andreessen Horowitz. What’s the Google of this world? Is it peer-to-peer?

Lending 52

Lending User Experience Google United States 52

Tomorrow's Transactions

FEBRUARY 24, 2020

These include falling consumer retention figures, as app transaction abandonment rates increase; the cost of developing and maintaining mobile apps; ensuring adequate security for accurate billing and fraud prevention; and meeting regulations such as PSD2.

Mobile 30

Mobile Payments Security Samsung 30