PYMNTS

JULY 24, 2020

The financial industry is responding with innovation at the individual company level, but also collectively, with financial institutions (FIs) teaming up. The group also intends to develop the Financial Services Cybersecurity Profile, a list of cybersecurity guidelines for FIs to follow.”. Are fraud-fighters winning?

Fraud 187

Fraud Analytics Guidelines Industry 187

Insights on Business

MAY 6, 2019

Payment fraud detection has always had a bit more latitude than its counterparts in anti-money laundering, customer due diligence and even trade surveillance compliance. Unlike the latter areas, fraud prevention is an area not as heavily governed by regulations or specific rules of what a financial institution should or should not allow.

Fraud 102

Fraud Regulation Compliance Analytics 102

PYMNTS

MARCH 8, 2018

Dorchester said the pace of payments and security innovation has picked up significantly over the past five years — and that’s a good thing, as it generates new options for businesses to leverage the best of both worlds. Au contraire, said Dorchester: The current pace of innovation is the best thing that’s happened in payments for decades.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

JULY 5, 2017

Innovation is both genesis and lifeblood for companies, especially within the payments space. PYMNTS: How would you define Applause’s approach to innovation? PYMNTS: How would you define Applause’s approach to innovation? Our approach to innovation is two-fold. Innovation is only valuable if it’s usable.

Innovation 121

Innovation Customer Experience Mobile Security 121

PYMNTS

JUNE 11, 2020

What is new is the way in which the technology is being incorporated into businesses’ broader efforts to comply with relevant AML/KYC regulations to help mitigate identity theft and fraud and the legislation being adopted to support those technologies and govern the ways they are implemented. Digital Innovation, Legal implementation.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

SEPTEMBER 23, 2020

The funds can help businesses meet surging customer demand and spur innovation. Many banks are turning to video-based onboarding procedures and artificial intelligence (AI) to counter the threat of identity fraud, but those technologies have their own blind spots when deployed alone, says Sameer Shetty, head of digital banking at Axis Bank.

Google 187

Google Guidelines Fraud Video 187

PYMNTS

JANUARY 27, 2020

Fraudsters’ attempts to access systems and steal valuable information are becoming more innovative, and research suggests they are also increasingly successful. The following Deep Dive delves into the steps companies can take to ensure their employees are knowledgeable about phishing and are at the front lines of anti-fraud efforts.

Fraud 249

Fraud Policies Security Resources 249

PYMNTS

JUNE 10, 2020

Dr. Maxwell Opoku-Afari, the bank’s first deputy governor, reportedly said during a digital workshop that the bank remains steadfast in facilitating innovation and piloting ideas like a central bank cryptocurrency. The Bank of Ghana continues to consider the creation of a digital currency, GhanaWeb reported.

Guidelines 134

Guidelines Bitcoin cryptocurrency blockchain 134

PYMNTS

NOVEMBER 13, 2018

The industry has clearly signaled that, while our nation’s faster payments system capabilities are rapidly innovating, there’s much to be done to promote ubiquity and faster payments adoption,” said Douglas Berg, senior vice president of payment industry relations for Wells Fargo Bank, in the press release.

Payments 192

Payments Survey Innovation Guidelines 192

PYMNTS

AUGUST 10, 2017

The more business is done online, the more fraud makes inroads. To that end, the National Institute of Standards and Technology (NIST) has just updated its guidelines — spanning four volumes — on digital identity services. That old password you have? The one referencing your favorite Journey song?

Security 134

Security Guidelines Data National 134

PYMNTS

MAY 14, 2020

In the latest Digital Consumer Onboarding Tracker® , PYMNTS examines how eCommerce companies are rethinking onboarding, and why innovative tools for authentication and fraud protection play a critical role. million due to COVID-19-related fraud attempts — and that is just the losses the FTC knows about.

Fraud 150

Fraud Video Tools Retail 150

PYMNTS

DECEMBER 27, 2019

Italy has one of the lowest rates of credit card use in Europe, and its commitment to cash leaves the country more vulnerable to black market deals and fraud. Digital payment innovations such as RTP have given businesses more options to improve slow accounts payable (AP) processes. BNY Mellon On The Two Key Factors For AP Automation.

Retail 130

Retail Payments blockchain United States 130

PYMNTS

APRIL 30, 2019

In a podcast with PYMNTS’ Karen Webster, Rob Eleveld, CEO of Whitepages, took note of how PSD2 and its strong customer identification (SCA) guidelines (which take effect in September) will shift checkout flows for transactions in Europe. PSD2 will change – indeed is changing – online commerce in Europe and beyond. The 150-Millisecond Rule.

Fraud 171

Fraud Online Cards Payments 171

Abrigo

SEPTEMBER 11, 2023

While leaders must learn and stay informed about innovations, it’s helpful to remember in the process that they often result in life-changing improvements for our businesses and our consumers. Take the financial services industry as an example.

Risk Management 195

Risk Management Data Technology Fintech 195

PYMNTS

APRIL 19, 2016

According to the release, Bank Centric Payments offers Chargent users security and fraud prevention features that satisfy PCI compliance, tokenization and encryption and NACHA guidelines.

Payments 100

Payments Guidelines Innovation Compliance 100

NCR

NOVEMBER 21, 2016

It’s a regulatory shift that has been described as “ one of the biggest changes that the banking sector has ever faced “ The updated rules will have repercussions including more openness to new players in the payments market, as well as some significant implications in terms of fraud. ” The fraud implications. .

Fraud 40

Fraud Compliance Payments Exercises 40

PYMNTS

NOVEMBER 9, 2020

there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom. is arguably ground zero for open banking and, if investment flows are an indicator of where the FinTech-driven innovation will be, then the U.K.

Fintech 285

Fintech Data Regulation Innovation 285

PYMNTS

OCTOBER 27, 2019

The announcement of the blockchain-based solution comes in the wake of Mastercard outlining guidelines for blockchain development earlier this month. Those guidelines include the need for consumer protection and regulatory compliance. Last week, Mastercard stated that “We believe in the transformative power of blockchain. Healthcare.

blockchain 100

blockchain Guidelines Fintech Fraud 100

PYMNTS

MAY 28, 2020

The global financial space has been severely impacted by the ongoing COVID-19 pandemic, with social distancing and stay-at-home guidelines preventing customers from visiting bank branches to access the services they need. Deep Dive: APIs’ Role In Fueling Digital-First Banking Innovation.

Community Bank 176

Community Bank Community Security Digital Banking 176

PYMNTS

JANUARY 29, 2020

These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud. Fraud protection is also a high priority, according to a recent PYMNTS survey of AP professionals. However, U.S.

Cards 130

Cards Strategy Fraud Minneapolis 130

PYMNTS

NOVEMBER 30, 2017

Europe’s Revised Payment Service Directive (PSD2) has yet to come into effect, and some of its guidelines remain in consultation. One of those challenges is ongoing discussions over some guidelines within the regulation, Deutsche Bank noted, particularly those pertaining to fraud reporting and security.

Guidelines 109

Guidelines Regulation Compliance Data 109

PYMNTS

SEPTEMBER 28, 2020

The rule aims to give Egyptian businesses new guidelines for how they can process and store their consumers’ data digitally and is designed to further stimulate the growth of online banking within the market. This is also the aim behind several regulatory changes taking place in other MENA markets, notably Egypt.

Online 151

Online Report Payments Regulation 151

Abrigo

FEBRUARY 25, 2022

Overall, banks, credit unions, and NBFIs should modernize their BSA/AML programs with appropriate risk-based innovative solutions to streamline those processes and use resources efficiently and effectively. But there is plenty that banks, credit unions, and NBFIs can do to prepare before guidelines are finalized. keep me informed.

Regulation 195

Regulation Policies Compliance Washington 195

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Getting Up to Speed on Compliance.

Compliance 178

Compliance Meeting Payments Cards 178

PYMNTS

MARCH 25, 2019

DNB is responsible for approving PSD2 payment licenses in the Dutch market, so third parties will have to follow their guidelines if they want to continue operating in the region. The regulation is inspiring both legacy and new financial players, Hielkema stated, which will lead to further payments innovations, such as instant payments.

Regional 108

Regional Regulation Data Payments 108

Insights on Business

NOVEMBER 20, 2017

This is resulting in direct pressure on financial institutions to adapt faster and place a premium on innovation now – more than ever before. By doing so, it also opens up the avenue for innovative players to provide value-added services on the back of this scheme. The Central Banking authorities like the U.S.

Payments 79

Payments Guidelines Digital Banking Industry 79

PYMNTS

AUGUST 4, 2016

The EU Data Protection Reform is said to establish fundamental rights for citizens, modern guidelines and rules for businesses and benefits for companies of all sizes. These new pan-European rules are good for citizens and good for businesses.

Data 100

Data Guidelines National Security 100

FICO

MAY 27, 2021

In other words, just as the vaccine provides guidelines for preventing or fighting off Covid-19, the software platform helps companies to anticipate needs and make the best decisions. The decision-making platform provides the directions companies need to react quickly and make the necessary choices to continue growing. by Alexandre Graff.

Customer Experience 52

Customer Experience Guidelines Operations Analysis 52

Accenture

AUGUST 26, 2019

In combination, all of this means that the key benefits of migrating to ISO 20022 include improved data quality and enhanced STP and reconciliation, as well as higher automation and reduced costs—together with a greater ability to develop value-added services, better operational resilience, and effective fraud detection and prevention measures.

Industry 174

Industry Payments System Guidelines 174

FICO

JANUARY 5, 2023

The CFPB's New Open Banking Proposal Will Accelerate Exciting Product Innovations. The Consumer Financial Protection Bureau (CFPB) has indicated it will publish rules , not guidelines, aimed at strengthening consumers’ control over and providing portability of their financial account data, sometime in 2023. See all Posts.

Policies 52

Policies Company Regulation Risk Management 52

NCR

MAY 22, 2017

Fighting fraud. For the banking sector, one of the most appealing promises big data holds is its ability to transform their fraud detection and prevention activities. More accurate fraud detection is only the tip of the iceberg, however, when it comes to improving the banking customer experience.

Big Data 85

Big Data Data social media Fraud 85

NCR

AUGUST 18, 2017

Blockchain can unleash innovation across top line applications like loyalty and rewards, Internet of Things, marketplaces, and more – essentially any application where there is an exchange of digital assets, in addition to serving the bottom line. The hurdles to be overcome.

blockchain 75

blockchain Technology cryptocurrency Study 75

PYMNTS

APRIL 25, 2016

Fraud is moving en masse online , though, as in-store methods are getting harder and crooks look to find the weakest link. According to the PYMNTS/Forter Global Fraud Attack Index , online fraud attacks have jumped by 11 percent since the shift in the U.S. Overall, year over year, online fraud attacks have spiked 215 percent.

Lending 100

Lending Mobile Cards Fraud 100

FICO

AUGUST 27, 2018

Much of the latest buzz has come from the recently released Treasury report which focuses largely on the Trump administration’s outlook for financial innovation. However, with the Bureau’s recent establishment of an Office of Innovation , it will be interesting to see if this issue is elevated on the priority list.

Policies 49

Policies US Fintech DC 49

PYMNTS

JULY 15, 2016

These products are, in fact, the underpinning for pure play digital banking services offered by innovators like Chime or Green Dot. That sets up one of the biggest areas of contention from the standpoint of the prepaid card industry: the majority of users perceive and use prepaid cards no differently than a standard demand deposit account.

Cards 100

Cards Millennials Regulation Cyber Security 100

Gonzobanker

OCTOBER 15, 2014

Most innovation, quality support and healthy competition has left the cash management vendor market, and it’s making it very hard for the resilient community banker to compete with the too-big-to-fail players upstream. With mobile and web services technology, there has never been a better time to innovate usability.

Management 101

Management Community Bank Community Resources 101

PYMNTS

OCTOBER 13, 2016

If Madhu could issue the regulation and compliance guidelines himself, he said that the use of trusted online and offline data in combination would be standard. Rewriting Regulation. You are how you spend your money, or you are what you buy,” he pointed out.

Compliance 100

Compliance blockchain Regulation Data 100