PYMNTS

JANUARY 27, 2020

Legacy technology issues abound these days, but for sheer scale (and a good giggle) always look to the government. Technology saved taxpayers big money there. But as the report details, state and local governments have a growing awareness and understanding of disbursements technology that offers speed and accuracy.

Payments 130

Payments Illinois Texas Tennessee 130

PYMNTS

JANUARY 8, 2020

By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

Independent Banker

MAY 31, 2022

Fraud and cyber attacks are on the rise, and at great expense to the industry. Here are some ideas for strengthening fraud defenses. Fraud and cybercrimes continue to increase, causing challenges for community banks. Fraud-fighting recommendations. Illustration by Cnythzl/iStock. By William Atkinson.

Community Bank 134

Community Bank Community Fraud Texas 134

PYMNTS

JANUARY 17, 2020

As the new PYMNTS Merchant Fraud Decisioning Playbook shows, fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. To do so, however, these companies will need to make some adjustments to their fraud protection strategies.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

SEPTEMBER 28, 2016

27) it will return close to $20 million to more than 145,000 consumers around the country who were victimized by One Technologies and its two partner companies in an online scheme that lured consumers with “free” access to their credit scores and then billed them a recurring $29.95 The Federal Trade Commission announced on Tuesday (Sept.

Illinois 100

Illinois Ohio Online Fraud 100

Independent Banker

SEPTEMBER 30, 2021

Here’s how two community banks are protecting their customers from falling victim to fraud. Mainly, the instances [of money mules] consisted of unemployment benefits fraud and were identified through our anti-money laundering [AML] detection system,” says Marlena Taglieri, the $7.7 Fighting fraud through education. Source: FBI.

Community Bank 91

Community Bank Fraud Community Training 91

PYMNTS

AUGUST 14, 2019

Now there is an app that can wirelessly reveal the thievery technology, as reported on Wednesday (Aug. Card skimmers today are largely invisible to the eye, but many contain wireless Bluetooth technology, making it easy for thieves to wirelessly download the stolen data. student Nishant Bhaskar. states, the report noted.

ATM 116

ATM San Diego Cards Illinois 116

PYMNTS

AUGUST 16, 2019

Card skimmers today are largely invisible to the eye, and with wireless Bluetooth technology, it’s easier for thieves to wirelessly download stolen data. But the technology also makes it easier to counteract attacks. A new app, nicknamed Bluetana , can detect even the most discreet skimmers on gas pumps and bank ATMs.

Security 121

Security San Diego Data Illinois 121

PYMNTS

APRIL 30, 2019

States are moving to tighten their biometric privacy laws, following the lead of Illinois, which has what are considered to be the strictest protections in the U.S. That’s not only because of the motivation to fight and prevent fraud, though that is certainly a big part of it.

Fraud 161

Fraud Illinois Regulation Online 161

PYMNTS

JULY 20, 2017

In the midst of today’s retail revolution, blockchain technology is being pushed up to the surface. E-Commerce’s increasing popularity over the last decade is likely the driver of blockchain technology implementation. Committing identity fraud is typically at the core of data-stealing schemes in an attempt to steal money.

blockchain 105

blockchain Bitcoin Delaware Illinois 105

NCR

SEPTEMBER 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 75

ATM Fraud Illinois Cards 75

PYMNTS

APRIL 15, 2019

Even so, retailers must protect against theft and fraud without adding friction for employees and customers in the age of automation. From Vengo Labs to Carvana , digital innovators in a variety of industries and spaces are reinventing the vending machine concepts with new technologies and features.

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

DECEMBER 12, 2018

The city of Bakersfield, Illinois, for example, recently disclosed that cybercriminals had compromised the third-party website Click2Gov, used to process residents’ utility and municipal payments. Companies like Dunkin’ are not the only victims of a data breach, of course.

Report 165

Report Payments Data Illinois 165

Independent Banker

OCTOBER 31, 2022

A few years ago, it was a fairly straightforward business, but today, technology and innovation, increasing competition, regulatory complexity, embedded finance, consolidation and evolving customer expectations are placing immense pressure on traditional business models,” the report said. “In William Atkinson is a writer in Illinois.

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

NCR

AUGUST 4, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Illinois Cards 40

NCR

FEBRUARY 2, 2016

The belated introduction of EMV technology to the US payment industry is currently having a major impact on how merchants, payment providers and other stakeholders in the financial industry approach fraud. “By establishing this liability shift, we’re advancing efforts to prevent and reduce fraud,” he stated.

ATM 40

ATM Fraud Illinois Cards 40

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

DECEMBER 1, 2017

Uber is also under investigation by the attorneys general of New York, Missouri, Massachusetts, Connecticut and Illinois. The skillset will branch out over the next year and beyond, naturally, and reports say the new payments skill will leverage voice recognition technology – Giving new meaning to putting money where your mouth is, securely.

New York 144

New York Data Regulation Washington 144

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

AUGUST 21, 2017

EST in South Carolina, there will be a total solar eclipse — with Idaho, Wyoming, Montana, Nebraska, Iowa, Kansas, Missouri, Illinois, Kentucky, Tennessee and Georgia all enjoying prime viewing slots between start and finish. Today, between 12:05 p.m. EST/9:05 a.m. PST in Oregon and 2:48 p.m.

Apple 101

Apple Bitcoin South Carolina Montana 101

Fintech Labs Insights

FEBRUARY 13, 2017

Chicago-based anti-fraud, transaction monitoring specialist Rippleshot has raised an additional $2.6 Rippleshot co-founder and CEO Canh Tran said that the funding comes as his company finds itself “in a unique place to help bridge the fraud detection gap between issuers and merchants.” million in seed funding.

Chicago 17

Chicago Illinois Cards Fraud 17

Independent Banker

SEPTEMBER 21, 2015

ICBA’s compliance certification programs—similar to the training provided by the Community Banker University’s other certification programs covering lending, information technology and bank security—provide up-to-date information about regulatory issues while teaching practical knowledge and skills. Information technology. Compliance.

Compliance 70

Compliance Community Bank Community Training 70

Independent Banker

AUGUST 26, 2015

Collin Canright is a financial writer in Illinois. “Although First Bank saw the beginnings of a potentially serious security threat, these [hardware] defenses stopped the threat in its tracks,” Peloquin says. Similar precautions can be taken by other banks.”.

ATM 70

ATM Security System Community Bank 70

Fintech Labs Insights

AUGUST 11, 2016

HQ: Chicago, Illinois. Guideline Technologies. HQ: Chicago, Illinois. HQ: Chicago, Illinois. Tags: Institutions, investing, security, fraud, traders, stocks, artificial intelligence. Source: Crunchbase. West Creek Financial. Consumer piont of purchase financing. Latest round: $25 million Debt. Total raised: $28.5

Fintech 12

Fintech Company San Francisco New York City 12

Fintech Labs Insights

JUNE 6, 2016

HQ: Chicago, Illinois. Payments technology. Blockchain technology . Healthcare & insurance technology. Bridge Financial Technology. HQ: Chicago, Illinois. Tags: SMB, accounting, bookkeeping, expense reporting, compliance, fraud protection. Consumer alt-lender. Total raised: $1.92 billion Debt).

Company 12

Company Fintech San Francisco New York City 12

Fintech Labs Insights

MARCH 22, 2016

Emailage raised an undisclosed sum for its fraud prevention technology keyed off email address. HQ: Chicago, Illinois. Fraud solutions based on email addresses. Tax preparation technology. Tags: Financial institutions, enterprises, security, fraud prevention, Wipro (strategic investor), Finovate alum.

Company 12

Company New York City Fintech Colorado 12

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. However, Silsby says technology also can free up time for employees to have more meaningful interactions. Use these 3 technologies to safeguard customer data.

Community 139

Community Community Bank social media Security 139

PYMNTS

FEBRUARY 22, 2019

For example, the Illinois Supreme Court ruled earlier this year that companies can be sued for biometric data collected without users’ consent. As technologies evolve,” said Zekri, “you can layer all these additional elements to that trusted identity.” And recently, legal challenges centered on data collection have begun popping up.

Data 130

Data Illinois Taxes Customer Experience 130

Fintech Labs Insights

FEBRUARY 15, 2016

HQ: Chicago, Illinois. HQ: Chicago, Illinois. Point of sale technology for food businesses. Tags: SMB, merchants, underwriting, credit/debit cards, acquiring, fraud, security, risk management. Source: Crunchbase. Maestro Health. Employee benefits and health insurance services. Latest round: $53 million. WorldRemit.

Company 12

Company Fintech New York City Comparison 12

CB Insights

AUGUST 25, 2017

Bitcoin and other virtual currencies are made possible by what’s known as blockchain technology. As startups use blockchain to drive greater transparency and veracity across the digital information ecosystem, they’re boosting awareness of the technology in sectors ranging from payments to public policy. Networking and IoT.

blockchain 78

blockchain Industry Bitcoin Security 78