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BNY Mellon’s AI-Based Fraud Detection Initiative

PYMNTS

Countering digital fraud is a lot like playing whack-a-mole: As soon as one fraudster is taken out, two more pop up where they’re least expected. The popularity of digital banking services has created ample opportunities for bad actors, leaving banks scrambling to protect themselves against the rising tide of fraud.

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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

New Jersey-based Affinity Federal Credit Union began upgrading its systems about five years ago as it looked toward the digital future. The new features include a biometric voice authentication system intended to reduce the time spent waiting on hold and fortify security.

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US Card Skimming Grew Nearly 5x in 2022, New FICO Data Shows

FICO

A cluster of states in the northeastern US accounted for an additional 29%, and included New York, New Jersey, Pennsylvania, Maryland and Virginia. The least secure card payment method is swiping, as this will allow criminals with a skimmer in the terminal to capture all the card information from its magnetic strip.

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Why Gambling Site 888 Is Betting On Automated Authentication

PYMNTS

The subsequent legalization of sports betting in states like New Jersey promises to be a game changer for the companies that help gamblers lay their money down online. Russell Medley, director of risk management and fraud for gaming website 888.com It’s quite tricky in the U.S., Instead, 888.com Withdrawing Winnings .

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Speed Dating: Invoice-to-Cash In The Digital Age

PYMNTS

– What are companies doing to battle cyber security and avoid fraud? In 2002, the New Jersey Technology Council named him “CFO of the Year.” . – B2B payment trends – how are businesses paying today, and what does this mean for AR? – Network-based payment solutions. CFO of Billtrust. Ed received his B.S.

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When Loyalty Is Unattended Retail’s Key Feature

PYMNTS

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. And, in the U.S.,

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Senate Grills Facebook’s Marcus Over Libra

PYMNTS

We say defense because it was apparent from early in the hearing that the senators gathered were more than a little suspicious of Facebook’s latest innovation — and less than favorably inclined to letting it move forward. He said the U.S. Marcus went on to reaffirm Facebook’s commitment that it would not look to bring Libra online in the U.S.