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

FICO

JANUARY 12, 2022

The changing global regulatory landscape and ever-shifting fraud vectors are just two of the biggest challenges facing financial institutions. I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management.

Fraud 52

Fraud Technology Management Trends 52

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Synthetic Identities and Application Fraud. Innovative Customer Communications for Fraud. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

Jeff For Banks

NOVEMBER 28, 2023

Open banking : Open banking APIs will allow third-party providers to access and share customer financial data with their consent, enabling new and innovative banking products and services. Data-driven decision-making : Banks will use data analytics to make better decisions about product development, marketing, and risk management.

United States 92

United States Analytics Risk Management Google 92

PYMNTS

APRIL 10, 2019

The Association of Financial Professionals released new data this week that revealed the threat of payments fraud continues to climb, particularly for large enterprises, as scams like ACH fraud and the Business Email Compromise climb to record levels. But the latest analysis of U.S. But the latest analysis of U.S.

North Carolina 136

North Carolina Risk Management Leadership Survey 136

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

FEBRUARY 19, 2020

Global cloud treasury and finance firm Kyriba has introduced the Kyriba Payments Network to deal with the developing chief financial officer (CFO) mandate to streamline payments and fight payments fraud, the company said in a press release on Wednesday (Feb. via an API that loops into The Clearing House’s RTP network. .

Las Vegas 130

Las Vegas Payments Fraud Risk Management 130

PYMNTS

JULY 23, 2019

The Hyderabad center, PayPal’s third technology center in India, will focus on data science, risk management and machine learning to help businesses protect themselves from fraud. The company acquired the fraud prevention platform Simility in 2018, which offered merchants customized fraud tools.

Data 134

Data Fraud Risk Management Google 134

PYMNTS

DECEMBER 9, 2020

Taking this retroactive approach to credit risk management was never efficient, but it has become even less feasible amid the pandemic. Consumers are more susceptible than ever to falling short on their monthly bills, leaving banks searching for more proactive ways to mitigate the risk of defaults.

How To 245

How To Management Report Strategy 245

FICO

DECEMBER 4, 2018

I’m excited to announce that FICO has been named as a category leader in the Chartis Financial Crime Risk Management Systems for Enterprise Fraud report. The Chartis report Vendor Analysis: FICO (Financial Crime Risk Management Systems: Enterprise Fraud; Market Update 2018) provides further analysis of FICO’s rating.

Fraud 45

Fraud Risk Management Analytics Analysis 45

FICO

NOVEMBER 21, 2022

FICO awarded first place in six categories on risk and compliance technology in the 2023 Chartis RiskTech100 ® Report, including Innovation for the sixth year in a row. I am thrilled to announce that the annual 2023 Chartis RiskTech100® Report ranking risk and compliance technology companies is live! asokolowski.

Report 52

Report Risk Management Compliance Analytics 52

FICO

JANUARY 8, 2020

Specifically: Cybersecurity risk awareness is on another expansion wave, as a best-practice component of third-party risk management (TPRM). At long last, fraud and compliance infrastructures are starting to converge. Industry forecasts project the global TPRM market to grow from $3.2 billion in 2019 to $6.8

Compliance 52

Compliance Fraud New York City Analytics 52

PYMNTS

OCTOBER 31, 2016

With fraud expected to hit $7.2 billion by 2020, companies — particularly eCommerce retailers — are considering mobile and online innovations in payments and IoT security technology to help thwart cyberattacks. According to LexisNexis research, card-not-present fraud losses alone are forecasted to increase by $3.2

Fraud 100

Fraud Security Retail Mobile 100

Abrigo

JANUARY 22, 2024

6 Steps t o mitigate fraud risk tied to new products Your AML and fraud teams' input is key when it comes to offering new bank products. You might also like this infographic, "Beyond immediate fraud losses: How the costs and impacts of fraud snowball." download NOW Takeaway 1 Fraud losses totaled $485.6

Fraud 221

Fraud Training Risk Management Software 221

PYMNTS

MARCH 20, 2020

But Michael Ellis, head of commercial at Equiniti Group’s EQ Riskfactor , said the market is also quickly discovering that lenders themselves can benefit from unlocking data to improve SMB financing operations, and the U.K.’s For lenders, unlocking data also means strengthened fraud mitigation. A Win-Win for Banks and SMBs.

Lending 233

Lending Data User Experience Fraud 233

CFPB Monitor

SEPTEMBER 9, 2019

The CFPB’s fourth biennial report on the credit card market was issued at the end of August. The Credit Card Accountability Responsibility and Disclosure Act of 2009 (CARD Act) requires the CFPB to perform periodic market reviews. The report discusses developments to platforms that allow consumers to manage their accounts.

Cards 60

Cards Report Marketing Leadership 60

PYMNTS

DECEMBER 9, 2020

That translated, and still translates, into new ways of thinking about information security, and breaking down silos between departments and various risk management efforts. He contended that other governments may look to the UK and realize that “they just can’t leave this up to the market and wait for something to emerge.

Regulation 234

Regulation Security Data Course 234

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. Fraud & Identity: By far, the largest number of vendors and conversations were over fraud and identity.

Conference 221

Conference Las Vegas Fraud Case Study 221

FICO

NOVEMBER 24, 2021

The 2022 Chartis RiskTech100® Report is live, and I am proud to announce that FICO ranked 6th overall in the annual report and was named the category winner for: Innovation (5th consecutive year). Financial Crime – Enterprise Fraud. The comprehensive study looks at the world's major solution providers in risk and compliance technology.

Report 52

Report Analytics Company Innovation 52

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. Rapyd Combats Fraud Across Payment Rails. As he discussed, banks must look beyond speed to find the value proposition.

blockchain 260

blockchain Payments Fraud Management 260

Abrigo

MAY 5, 2022

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. or largely focused on the domestic banking market. We have webinars , whitepapers , and other resources to make your job easier.

Community 195

Community Lending Maine Resources 195

PYMNTS

SEPTEMBER 6, 2017

In a survey of treasurers across more than 200 companies in various parts of the globe, Deloitte found that the corporate treasurer continues to be positioned as a risk-management function of organizations: 97 percent said that the treasurers’ role in liquidity risk management is important.

Risk Management 108

Risk Management Survey Management System 108

PYMNTS

OCTOBER 10, 2018

Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments. The wire transfer, made popular by Western Union more than 150 years ago, may not seem to be the most innovative rail. Thieves attempted to steal $5.3 counterparts are not available.

Fraud 116

Fraud Compliance Innovation Payments 116

PYMNTS

DECEMBER 15, 2017

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. The funding, Veritas said, will be used to focus on product innovation and expand further across India. million in funding it just raised to continue growing in the fraud and risk management industry.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

Compliance 164

Compliance Software Risk Management Management 164

NCR

AUGUST 10, 2017

This tech-driven transformation of the payments and retail sectors is set to continue, so what impact could the most cutting-edge innovations have in the years to come? But first, they must gain consumer trust and demonstrate that these innovations can be delivered with maximum security and no disruption to the overall customer experience.

Industry 75

Industry Retail Innovation Payments 75

PYMNTS

APRIL 30, 2019

Writ large, said Eleveld, the payments industry will likely see card-not-present fraud shift from Europe to more distant shores, where less strict authentication processes are in order. Geographically speaking, in a post-PSD2/SCA world, eCommerce fraud may shift, he said, to places like Latin America and the Asia Pacific region.

Fraud 171

Fraud Online Cards Payments 171

FICO

NOVEMBER 23, 2021

They will evaluate nominations based upon measurable improvement in key metrics; demonstrated use of best practices; project scale, depth and breadth; and innovative uses of technology. Sid has more than 20 years of experience in the financial, energy, and commodities markets. He has an MBA from the Indian Institute of Management.

Meeting 52

Meeting Analytics Risk Management Management 52

FICO

SEPTEMBER 30, 2022

FICO has announced its panel of independent judges for the 2023 FICO® Decisions Awards , which honor businesses achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Neeti Aggarwal, CFA senior research manager, The Asian Banker.

Meeting 52

Meeting Analytics Management Strategy 52

PYMNTS

OCTOBER 23, 2020

Other investors included Gradient Ventures, Core VC, South Park Commons, and others, with Unit21 noting it will use the investment for growth of its product and distribution management team, as well as on sales and marketing and to launch in new industries. The company highlighted the $8.14

San Francisco 158

San Francisco Compliance Capital Management 158

Gonzobanker

JULY 8, 2022

In today’s talent market, there are plenty of job postings and headhunters seeking “experienced CIOs.” In the midst of this rapid-fire disruption, chief information officers are expected to be nimble, forward-thinking leaders who foster innovation in their organizations. team while also “buying” new competitive talent in the market.

Resources 146

Resources Leadership Technology Management 146

Insights on Business

FEBRUARY 6, 2019

Previously General Manager for IBM’s Industry Analytics Unit, Business Analytics and IBM’s Social Business and Smarter Workforce Groups, he joined IBM in the Toronto Software Laboratory and has held a number of executive roles in sales, marketing and engineering within IBM. About IBM RegTalk Innovation Series.

Analytics 79

Analytics Compliance Innovation Management 79

CFPB Monitor

JULY 27, 2020

recognizes that, as the financial markets become increasingly technological, there will likely be increasing need for banks and other service providers to leverage new technology and innovative ways to provide traditional services on behalf of customers. The letter states that the OCC.

National 113

National cryptocurrency Risk Management Regulation 113

Insights on Business

OCTOBER 16, 2018

For those in marketing, data and analytics roles who have business operations responsibility. Maura K Schoonmaker, IBM Program Director, System z Banking and Financial Markets. We’ll discuss the right platforms to handle payment volumes, putting APIs in place and preventing fraud in payments and more. 10:45-11:30 AM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

PYMNTS

MAY 30, 2018

Jing’s only stipulation around these partnerships was that they must meet a level of innovation sufficient to deliver value to end users — providing secure, convenient and efficient financial services for business customers, and driving improvements for consumers in online and offline payment service environments.

Risk Management 100

Risk Management Fintech User Experience Management 100

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. Introduce key takeaway below. This short be 2 lines max.

Examples 195

Examples Fraud Resources Risk Management 195

Insights on Business

DECEMBER 19, 2018

In addition, the Federal Reserve and a host of other regulators have released guidance on not only how to address the opportunities of artificial intelligence in financial crime as well as risk management, but what is expected once they look to apply innovative technologies. Heightened supervision expands the aperture.

Regulation 111

Regulation Innovation Compliance Risk Management 111