article thumbnail

CSI, Featurespace Team Up To Fight Money Laundering

PYMNTS

As criminals relentlessly target financial systems, organizations require cutting-edge technology for fraud detection and risk management,” said Kurt Guenther , CSI’s group president of business solutions. “By Headquartered in Kentucky, CSI works with financial institutions (FIs) across the country to provide FinTech solutions.

Kentucky 159
article thumbnail

Today In Data: Bank Of America And Biometrics

PYMNTS

Kentucky Fried Chicken (KFC), for example, is now accepting payment via Face ID tech at certain locations in China. We need to know what our customers really want to use before we can commercialize something and put it out to [them],” said Hari Gopalkrishnan, managing director of Consumer-Facing Platforms and Technology for Bank of America.

America 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Walmart Card Skimmer Targets Card-Swiping Consumers

PYMNTS

The transition to EMV was supposed to all but eliminate the danger of credit card fraud, but incomplete changeover, both in chip cards and compatible payments terminals, leaves plenty of room for the less scrupulous among us to take advantage and credit card numbers in equal turns.

Cards 100
article thumbnail

How QSRs Enable Digital Options With Rapid Order-Ahead Growth

PYMNTS

In an era of restaurant technology that provides diners with many choices, mobile order-ahead is more popular than ever with consumers. In fact, more than half of the companies that were polled in IDology’s Sixth Annual Fraud Report experienced a mobile fraud increase.

Mobile 116
article thumbnail

End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

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. EST/9:05 a.m. PST in Oregon and 2:48 p.m.

Apple 101
article thumbnail

How Greyhound Bus Makes Fraudsters Play Fare

PYMNTS

The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep data safe and secure. Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation. The Latest Fraud Decisioning Developments.

Fraud 150
article thumbnail

NEW REPORT: For UN Workers, A Credit Union Crosses Borders

PYMNTS

Meanwhile, other CUs are turning to collaborations with technology partners to better serve their members by enabling greater access to account-to-account and peer-to-peer (P2P) transfers, in addition to fraud mitigation services. Meanwhile, in the U.S.,

ATM 108