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

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. Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil). by TJ Horan.

Fraud 52

Fraud Trends South Carolina Risk Management 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

PYMNTS

DECEMBER 9, 2020

The passwords, user names and Social Security numbers that once helped us prove we are who we say we are now are vulnerable or have already been compromised. The state is doing that in part by imposing penalties on companies found to be lax in implementing strong security measures to protect personally identifiable information.

Regulation 234

Regulation Security Data Course 234

PYMNTS

MAY 10, 2019

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. That implies an ease of use while giving up nothing when it comes to security. Quick, Secure Validation. New NACHA Rule. How much effort will that require, then?

Payments 178

Payments Fraud Security Customer Experience 178

PYMNTS

DECEMBER 17, 2020

He added that it is more important than ever to offer people “a familiar, secure and transparent” ability to pay, especially “for high-value expenses like tuition fees or a package holiday.”. Customers can also tap RevenueProtect, Adyen’s risk management and fraud prevention product. .

Payments 181

Payments Risk Management Fraud Industry 181

Abrigo

SEPTEMBER 11, 2023

Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. DOWNLOAD Takeaway 1 With generative AI technology improving by the day, the question is not if the banking industry will utilize it, but when.

Risk Management 195

Risk Management Data Technology Fintech 195

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

PYMNTS

NOVEMBER 6, 2020

The convergence of real-time needs and mobile technology means that merchants and their solution providers must change how they think about securing data flows – going beyond, say, biometrics or two-factor authentication. For instance, machine learning and other advanced technologies can boost fraud- and risk-management capabilities.

Payments 274

Payments Cards Fraud Retail 274

PYMNTS

OCTOBER 16, 2019

Scandal and fraud tarnishing banks’ reputations aside, the impact that AML compliance controls have had on these banks’ bottom lines can’t be underestimated. A majority of FIs plan to invest more in financial crime compliance than fraud risk management, though 43 percent reported no integration between fraud and financial risk compliance.

Compliance 123

Compliance Fraud Study Digital Banking 123

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

JUNE 4, 2018

If data is the oil that powers the digital economy, artificial intelligence is the refinery,” said Ajay Bhalla, chief security solutions officer at Mastercard. AI Express’ capability is built directly into the multi-layered security strategy of the Mastercard network.

Fraud 121

Fraud Risk Management Security Resources 121

PYMNTS

NOVEMBER 15, 2018

Opus, the provider of global compliance and risk management solutions, announced Thursday (Nov. In a press release announcing the results of the survey of more than 1,000 CISOs and other security and risk professionals across the U.S. Opus said that in the U.S., Opus said that in the U.S.,

Data 195

Data Risk Management Resources Survey 195

PYMNTS

MARCH 22, 2018

That’s where there’s a ton of innovation being applied in machine learning and artificial intelligence to essentially make … more personalized and data-driven recommendations and experiences to consumers. But you … also [have] to protect the consumer,” he said, which means treating the integrity and the security of the data in high regard.

Retail 100

Retail Data Fraud Risk Management 100

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. Using Data to Acquire, Engage, and Retain Banking Customers,” and “Customer Identity: Balancing Security and Seamless Banking Experiences.”

Community 195

Community Lending Maine Resources 195

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

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

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PYMNTS

DECEMBER 15, 2017

The funding, Veritas said, will be used to focus on product innovation and expand further across India. Enterprise Security. million in funding it just raised to continue growing in the fraud and risk management industry. Reports this week said the firm recently raised $18.6 million in Series B funding, led by U.K.

Fraud 115

Fraud Capital New York City Lending 115

PYMNTS

DECEMBER 6, 2016

Glen Fossella , CRO of Urban FT , recently joined Karen Webster for a discussion on where innovation in the banking environment is going and how banks — both big and small — are being challenged to keep up. KW: Innovation in the banking sector is blossoming. I just see this as the next layer of security around card transactions.

Innovation 100

Innovation Mobile Digital Banking Technology 100

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’s analyst research is focused on the intersection between risk management and high-performance analytics.

Meeting 52

Meeting Analytics Risk Management Management 52

Insights on Business

OCTOBER 16, 2018

We’ll discuss the right platforms to handle payment volumes, putting APIs in place and preventing fraud in payments and more. Craig Rector, IBM Offering Management, Commercial Payment Solutions. For heads of payment operations, retail banking, and strategy or innovation. The future of payment fraud prevention.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

Gonzobanker

JULY 8, 2022

Today, banks have no choice but to look more like tech companies: tech companies are offering banking services, innovative financial institutions are deploying banking as a service (BaaS) offerings, and digital transformation is dominating the strategic priorities of most financial institutions. Innovation Leader. The New CIO Skillset.

Resources 146

Resources Leadership Technology Management 146

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

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. It drives banks to launch new services and products that allow innovative collaboration with partners in a complex ecosystem resulting in new revenue streams. With this change comes new business opportunities.

Payments 96

Payments Risk Management Innovation Analytics 96

PYMNTS

APRIL 29, 2019

By combining EY’s business, risk and technology consulting expertise in the financial services sector with SAS’ advanced analytics platform, Citi said it can offer another service to further digitize the trade compliance process. managed services CIO, in the press release.

Analytics 123

Analytics Compliance Innovation Operations 123

Celent Banking

APRIL 18, 2016

Corporate banks continue to place an enormous focus on investing in digital channels to meet the ever-increasing demands of clients for enhanced tools while boosting security and fraud prevention. Despite this investment, corporate banking has lagged in terms of adoption of innovative technologies.

Trends 100

Trends Innovation Fraud Meeting 100

PYMNTS

JUNE 15, 2018

“Barclays’ decision to use simulation as a competitive advantage is just one expression of their focus on innovation.”. He added that Simudyne is working with Barclays’ Center of Excellence to explore additional functionalities of the risk management technology. billion and the loss of up to 50,000 jobs in the U.K.

Analysis 100

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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

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

JULY 25, 2018

Russell Medley, director of risk management and fraud for gaming website 888.com Simply put, consumers expect to be able to complete online transactions instantly, whether they’re managing their bank accounts or placing a bet. It’s quite tricky in the U.S., Instead, 888.com Withdrawing Winnings . Betting on the Future.

Online 100

Online Regulation Fraud New Jersey 100

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

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. It drives banks to launch new services and products that allow innovative collaboration with partners in a complex ecosystem resulting in new revenue streams. With this change comes new business opportunities.

Payments 70

Payments Risk Management Innovation Analytics 70

PYMNTS

JUNE 24, 2016

The new capital will be used to accelerate SecurityScorecard’s ongoing scale and foster innovation in its delivery of cybersecurity health ratings. SecurityScorecard’s platform is currently used in the following use cases: vendor risk management, board of directors, mergers and acquisitions and cyberinsurance.

Google 101

Google Risk Management Survey Capital 101

Celent Banking

SEPTEMBER 3, 2015

We celebrate the winners and their initiatives at Insight and Innovation Day (I&I), our flagship event. Cash Management and Trade Finance. Security, Fraud and Risk Management. Model Bank is the most prestigious award a financial institution can receive from Celent. Digital Banking Transformation.

New York 100

New York Risk Management Maine Fraud 100

PYMNTS

SEPTEMBER 26, 2016

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets.

Report 100

Report Payments blockchain Security 100

Celent Banking

APRIL 18, 2016

Last week many of us at Celent were in New York attending our Innovation and Insight Day on April 13th. The theme of this year's event was "Financial Services Reborn", and the Museum of American Finance on Wall Street provided an inspiring setting to celebrate innovation in financial services. Bank of China, China.

US 100

US Case Study Risk Management America 100