PYMNTS

MARCH 17, 2017

A classic image of payment fraud involves a fraudster stealing credit card numbers and shopping for goods in-person or online. Founded in 2011, Pindrop’s security solution was built to protect banks and other financial institutions from call center and voice fraud. While the roll-out of EMV in the U.S. at Georgia Tech.

Fraud 107

Fraud Cards Houston Retail 107

NCR

APRIL 23, 2018

The implementation of the EU’s Second Payment Services Directive, better known as PSD2, is now complete, with all countries within the bloc required to have enacted its provisions into their national law as of January 13th this year. Reducing fraud in an open banking environment. Technical standards set to come into force.

Fraud 72

Fraud Knowledge Base Guidelines Security 72

PYMNTS

NOVEMBER 1, 2017

protocol and the European Union’s second Payment Services Directive (PSD2) have delivered a one-two punch for issuers and merchants in order to comply with these new regulatory requirements and network authentication processes. Sass says weak security challenges like passwords and knowledge-based questions (i.e. 3D Secure 2.0

Security 109

Security Payments CA Data 109

PYMNTS

DECEMBER 26, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Sarah Clark, general manager, identity, Mitek … Payments 2016: The Year Mobile, Biometrics And Trust Converged.

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Mobile Payments eBook User Experience 109

PYMNTS

JULY 10, 2019

Their presence is felt in every corner of digital life: utilizing these providers to log in to third-party websites has become ubiquitous, along with the ability to pay for goods and services via the developers’ proprietary payment methods.

Apple 158

Apple social media Knowledge Base Mobile 158

PYMNTS

FEBRUARY 12, 2019

The ideal — the goal of ongoing work across much of the digital payments and commerce industries — is to join two related, but distinct, tasks in the hopes of bringing more security and convenience to financial and retail transactions. According to Pointner, that would be facial recognition technology. The Hot Thing.

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St. Louis Mississippi User Experience Knowledge Base 144

PYMNTS

MARCH 14, 2017

As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success. Clark said that because of this physical aspect of ID fraud, one of the biggest risk factors has become the human factor.

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Meeting Fraud Knowledge Base User Experience 111

PYMNTS

OCTOBER 10, 2019

Rising Know Your Customer and other risk mitigation regulations have the financial services world eyeing digital identity technology. Already seeping into the consumer services world, digital identity technology is expected to hit a $12.8 billion valuation by 2024, according to the latest PYMNTS Digital Identity Tracker.

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Strategy Lending Knowledge Base Tools 124

NCR

DECEMBER 15, 2017

Biometric technologies hold huge potential for the retail banking industry. Like any emerging technology, this form of user authentication will attract the attention of criminals looking for ways to subvert it. In recent years, the banking industry has witnessed a particularly notable increase in adoption of these technologies.

Fraud 96

Fraud Security Knowledge Base Analysis 96

PYMNTS

SEPTEMBER 6, 2018

The age of technology is, of course, well upon us, with Software-as-a-Service (SaaS) a key conduit to making sure that at least some business operations — once the province of spreadsheets and reams of paper — can be streamlined. Compliance and risk? The top of any FinTech’s to-do — and to-keep-doing — list.

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Compliance Fintech Regulation Knowledge Base 133

PYMNTS

OCTOBER 7, 2019

Nav’s primary tool in determining that authenticity is Experian’s Precise ID platform, which leverages knowledge-based authentication (KBA) by asking users questions about their credit reports. The system has never fallen victim to fraud, despite several attempts by bad actors, according to Hanson.

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Tools Data Security Fraud 101

PYMNTS

SEPTEMBER 22, 2017

Among the front row seat observers in the battle for payments security is Stephen Stuut, CEO of online mobile payments and identity verification company Jumio. A large number of banks and online sites still rely on knowledge-based authentication. What concerns you most in the payment solutions space?

Innovation 140

Innovation Knowledge Base Online Mobile 140

NCR

DECEMBER 20, 2017

The modern financial services industry encompasses an expanding array of channels through which consumers can log into their accounts, authorize transactions and make payments. As the Javelin research suggested, one technology that holds a lot of potential is biometric authentication. ” So what is the future of authentication?

Security 77

Security Knowledge Base blockchain Analysis 77

Gonzobanker

MAY 7, 2018

As our cost of funds rise, loan growth rates plateau and margins in areas like payments and mortgage face continued stress, scaling to new levels of true operating efficiency will be a huge priority for bank executives. limited marginal operating expenses needed to do larger commercial and commercial real estate deals.

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Leadership Operations Lending Strategy 83

PYMNTS

NOVEMBER 15, 2017

Put another way, and to paraphrase a hockey great: When it comes to identity verification and the technology that comes with it, FIs need to skate where the technology is headed, not where it has been. You are in the technology business, and you, more than anybody else, should understand that evolution is constant,” Barnhardt said.

social media 100

social media Fraud Knowledge Base Data 100

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Demo: Sezzle app with knowledge based authentication to link bank accounts. Helping banks with customer retention by transforming data into knowledge about their customer’s engagement and key events on their journey. Plus the 1% rewards. ^KT.

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Video Mobile social media Analytics 40

PYMNTS

APRIL 11, 2017

In an age where credentials are lifted and bartered and sold like the currencies hackers target themselves, the concept of anti-fraud efforts revolves around a simple idea: to make sure that the person being done business with is who they say they are in the first place. Thus, security of data becomes top of mind within a firm. “If

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Data social media Fraud Online 101

PYMNTS

SEPTEMBER 12, 2019

In only two days, banks, payment providers and merchants in the European Union will finally hit the controversial deadline for compliance with Strong Customer Authentication (SCA). In the latest PSD2 Tracker , PYMNTS looks at how merchants and payment providers are responding to SCA as the rule inches closer to its official Sept.

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Regulation Google Compliance Knowledge Base 126

Fintech Labs Insights

DECEMBER 5, 2016

“Last year, a Javelin report said that there was $9 billion lost due to card fraud. ” With clients including USAA and Mastercard , Daon provides both enterprise and public sector customers with biometric authentication technologies including face, voice, and fingerprint recognition. Company facts.

Security 12

Security Mobile Technology Virginia 12