PYMNTS

JULY 17, 2017

Fraud isn’t perpetrated by a random assortment of individuals; it’s organized crime. It’s “fraud as a Service.” It’s a very unfair match, if you ask Skye Spear, VP of eCommerce fraud-fighting firm Signifyd. “I Good news, of course, but that doesn’t mean the pressure is any less. Classic fraud deflection is rules-based.

Fraud 109

Fraud Data Delaware New York City 109

PYMNTS

JULY 13, 2020

Some markets that have partially reopened, such as New York City, have mandated certain changes to in-person meetings to minimize potential health risks. They must ensure the onboarding technologies they use are fast, easy to navigate and secure, meaning data accuracy and upgraded fraud protection tools should be top of mind.

Data 198

Data New York City New York Fraud 198

FICO

NOVEMBER 10, 2020

I am always glad to see headlines like this one, which ran last summer in The New York Times: “ How to Reduce Credit Card Fraud.” Every Transaction Is Assessed for Fraud. FICO’s patented and proven fraud analytic capabilities have helped organizations save $90 billion+ per year. Steps Ahead of Financial Criminals.

Fraud 98

Fraud Cards Analytics Mobile 98

PYMNTS

JUNE 3, 2016

Such was the case for several companies profiled this week by The New York Times , which shed light on the minority of startup owners that decide not to take outside investment. Check out who secured venture capital in our breakdown below. Check out who secured venture capital in our breakdown below. Enterprise Security.

Security 100

Security Data Analytics Capital 100

PYMNTS

JANUARY 24, 2020

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Payment Challenges Stall Government Innovations . Fraud Issues Stemming From Paper Check Use.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

AUGUST 12, 2019

A new report has estimated that losses related to cryptocurrency thefts, scams and fraud could reach $4.3 Cryptocurrency security firm CipherTrace revealed that crypto criminals have already stolen more than $1.2 Cybercriminals also developed ingenious new techniques to drain millions more from user accounts and wallets.

Report 153

Report cryptocurrency Fraud Bitcoin 153

PYMNTS

JANUARY 27, 2021

The CU, which has 20 branch locations within the tri-state area that includes New York and Connecticut, has upgraded its automated services to incorporate integrated cloud-based technologies and environments that involve artificial intelligence (AI). Embarking On A Digital Transformation.

New Jersey 223

New Jersey Connecticut Fraud System 223

PYMNTS

JULY 14, 2020

The Digital Consumer Onboarding Tracker® done in collaboration with Melissa , shines a light on the innovation and adaptation in the real estate sector, particularly as regards the suddenly ubiquitous practice of … you guessed it … digital onboarding. Sector innovation kicked in, however, and solutions are clarifying as the COVID fog lifts.

Data 131

Data New York City Video New York 131

PYMNTS

SEPTEMBER 12, 2018

Welcome to Five at Five, your late look at some of the day’s top payments and commerce news. federal judge says that securities law applies to crypto fraud, China has a lead in an important patent area and a major bank makes a big investment push in cities. Judge Says US Securities Law Applies t o Crypto Fraud Cases.

Detroit 100

Detroit Chicago Fraud Washington 100

FICO

JULY 1, 2022

Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City.

Fraud 52

Fraud Trends South Carolina Risk Management 52

FICO

FEBRUARY 16, 2023

A cluster of states in the northeastern US accounted for an additional 29%, and included New York, New Jersey, Pennsylvania, Maryland and Virginia. When looking at total fraud cases related to skimming, we saw that 70% were tied to POCs in 5 states: California (38%), New York (16%), Pennsylvania (6%) and Florida/Washington (5%).

Cards 98

Cards US Data Fraud 98

Abrigo

JULY 22, 2022

Takeaway 1 Cryptocurrency has been able to offer good interest rates on high-yield savings accounts and secured loans with no credit check. . As recently as last fall, consumers could stash certain digital assets in a savings account and earn upwards of 10% interest, or even use cryptocurrency to secure a loan without a credit check.

cryptocurrency 195

cryptocurrency FDIC Regulation Fraud 195

PYMNTS

SEPTEMBER 10, 2019

How FinTech Apps Can Ace Security. As a result, companies must either invest in teams of AML specialists or fraud-fighting technologies. The September AML/KYC Tracker takes a look at the latest fraud challenges and efforts to ensure tight security and compliance. B2B Payments: Moving from Inertia to Ignition.

Apple 108

Apple New York City Payments New York 108

PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. Security researchers Noam Rotem and Ran Locar discovered the database and reported their findings to TechCrunch.

Regulation 108

Regulation Bitcoin New York Online 108

PYMNTS

JULY 11, 2018

Falkowski was sentenced to 30 months in a federal prison for being the brains behind a $1 million fraud scam. To protect himself, he created faulty invoices to trick QVC into paying for his fraud. The fraud happened from 2008 until he was fired in 2013, noted the report. QVC former director James D.

Company 102

Company New York City Fraud Retail 102

PYMNTS

JANUARY 31, 2020

Competition among airlines, hotels and travel agencies is fiercer, but all these platforms are approaching travel innovation in similar ways. They can come to the site and book five nights in New York City, for example, and those stays could include parking services for just the first two nights, Shust said.

Industry 168

Industry New York City Online Security 168

PYMNTS

DECEMBER 17, 2019

Fraudsters continue to haunt the mobile order-ahead industry, however, with friendly fraud being a particularly well-documented menace. DoorDash ’s competitor, Grubhub , is taking heat from the New York City Council, which is asking it to pay back restaurants for fees charged for phone calls that did not result in sales.

Mobile 131

Mobile New York City New York Industry 131

FICO

NOVEMBER 19, 2019

One of the hottest hot beds of innovation is artificial intelligence to combat financial crime, fraud and cyber risks while helping financial services organizations comply with security, privacy and data protection regulations. An immense amount of R&D investment is being focused in this area, producing a stream of new products.

Innovation 40

Innovation New York Compliance Fraud 40

PYMNTS

OCTOBER 18, 2019

“We know that embracing new technology is necessary for the future growth of our economy, and so, in Bermuda, we are making sure that we are leading the world in facilitating innovation. It is essential that Bermuda remains a center of innovation, and continues to improve our competitive advantage in financial services.”.

blockchain 101

blockchain Samsung Bitcoin Innovation 101

Fintech Labs Insights

MARCH 23, 2017

FinDEVr 2017 New York is in the books. Our second developers conference in New York was a great opportunity to take a look at some of the technologies that continue to drive fintech innovation forward. Here is what our attendees had to say: Favorite FinDEVr Debut. Department of Defense. Favorite FinDEVr Alum.

New York 25

New York User Experience UX Conference 25

Insights on Business

MAY 3, 2019

As the payments ecosystem in Canada continues to expand and evolve, IBM is looking forward to participating with industry leaders, innovators and challengers at the upcoming the Payments Canada Summit , taking place in Toronto on May 14-16, 2019. Security at the forefont.

Payments 87

Payments Fraud Security Innovation 87

FICO

DECEMBER 12, 2022

However, in terms of artificial intelligence (AI) and analytics, 2022 has been a great year for FICO, my data science team, and AI innovation in general. Perhaps the most visible focal point of that innovation is software patents; we recently announced that FICO was granted 11 U.S. The Power of Patents.

Analytics 52

Analytics San Diego Fraud Cyber Security 52

PYMNTS

FEBRUARY 28, 2020

Securities and Exchange Commission filing. The new decade will be defined by the innovators who understand that time is a currency people truly value — and they will use connected devices as well as technology to maximize each unit of time. How Dropbox Fights Fraud (Digital Fraud Tracker). 1 or 2 player.

Fraud 130

Fraud Security Data New York 130

PYMNTS

AUGUST 27, 2019

According to PYMNTS’ Credit Union Innovation Index , 65 percent of CU members said they chose a CU as their primary financial institution (FI) because they trusted it, as opposed to 45 percent of non-CU members who said the same. For more on these and other credit union news items, download this month’s Tracker.

Data 122

Data Report Los Angeles California 122

PYMNTS

JULY 22, 2019

The new relationships all focus on improved efforts for seamless, global, digital and real-time payments. In June, the company was part of a group of major businesses that rolled out b.yond , a financial innovation platform that will help companies offer digital payment solutions to customers.

Payments 109

Payments New York City New York Conference 109

PYMNTS

JANUARY 22, 2018

According to an article in The New York Times on Sunday (Jan. Security has been lax, as ID numbers tallying in the millions have been, in her words, “carelessly displayed” on websites. Is India’s push for biometric IDs a bust? billion residents is possibly becoming a casualty of “its own ambitions.”.

Fraud 145

Fraud New York System Taxes 145

PYMNTS

DECEMBER 15, 2017

The funding, Veritas said, will be used to focus on product innovation and expand further across India. Oak HC/FT led the Series B funding round, reports said, which also saw participation from Mastercard, Propel Venture Partners, Two Sigma Ventures, Commerce Ventures and Partnership Fund for New York City. Enterprise Security.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

MARCH 25, 2019

Work, she noted, that starting next month will soon change the lives of millions of commuters nationwide, starting in New York City – and will give card issuers greater opportunity to stay at the top of consumers’ wallets. Building New Consumer Habits. Riding the Inflection Point. Contactless technology in the U.S.,

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

MAY 4, 2016

Nikita Kuzmin, who created the “Gozi” malware, pled guilty to various computer intrusion and fraud charges back in May 2011, the United States Attorney for the Southern District of New York said in a press release. and Europe was sentenced on Monday (May 2) to the 37 months he has served in custody and to cough up $6.9

United States 100

United States Fraud New York Software 100

PYMNTS

JANUARY 13, 2020

News came, too, that in California, Governor Gavin Newsom is unveiling plans to create a Consumer Financial Protection Bureau (CFPB) at the state level, which, according to reports, would overhaul the existing Department of Business Oversight. The agency would be renamed the Department of Financial Protection and Innovation.

Data 131

Data social media Regulation California 131

PYMNTS

JANUARY 29, 2020

If an agency intends to enforce its laws in new and innovative ways, it must first notify industry stakeholders of its intent to do so and the way in which existing law applies,” it said. “Public statements, whether through the press or formal speeches, are helpful but are not official statements of application by the agency.

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

PYMNTS

MARCH 20, 2020

The Bank of America at 52nd Street and Park Avenue in New York City, in one case, ran out of $100 bills for a time due to large withdrawal attempts. In-house ordering apps are typical for large quick-service restaurant (QSR) companies, with only those who are willing to take risks and innovate standing out from the herd.

Technology 181

Technology Apple New York City social media 181

PYMNTS

JUNE 23, 2017

Preparations for corporate banking disruption and PSD2 are stirring the innovation pot, it seems. The new funding will help the company expand geographically in the U.S., with plans to open an office in New York City later this year. Enterprise Security. We break down all the B2B FinTech funding rounds below.

Fintech 171

Fintech Marketing New York City Capital 171

PYMNTS

JULY 4, 2017

Hackers are on the lookout for new ways to attack, and now it looks like developing nations may be a favored conduit. As noted by The New York Times , some sophisticated attacks are surfacing, and they show bells and whistles such as artificial intelligence. Looking for new hotbeds of innovative malfeasance?

National 112

National United States New York Study 112

PYMNTS

SEPTEMBER 21, 2018

For all the pressure, there is also progress, as small players become big players with better ideas on securing and moving funds. 100 million : The amount X Financial raised via its IPO on the New York Stock Exchange. But the learning curve is steep, and the time for trial and error is short.

Payments 100

Payments New York Data System 100

PYMNTS

NOVEMBER 4, 2016

From a person’s payment information to their mother’s maiden name, hackers have everything they need to pose a legitimate customers and keep perpetrating fraud. Identity data is the critical currency for perpetrating online fraud. These are some grim results. According to Tripwire, they may just be a little too confident.

Data 100

Data Cards Retail Security 100

Abrigo

AUGUST 6, 2019

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families.

System 264

System Las Vegas San Antonio San Diego 264