PYMNTS

SEPTEMBER 12, 2018

Omni Security and Authentication. Consumers expect to do business with their bank online seamlessly, without the hassle of complicated security checks, whether through their mobile phone, smart watch, home speaker or other connected device. Around The Security And Authentication Space.

Security 139

Security Report CA Fraud 139

PYMNTS

OCTOBER 29, 2018

But those gains come with fresh concerns about digital security. Security Vulnerabilities. The main areas of security risk? Those devices are not the microchips from those programs in Wisconsin and Sweden — nor, of course, the chips implanted into pets.

Fraud 176

Fraud Wisconsin Data social media 176

PYMNTS

MARCH 5, 2019

A security researcher has discovered that hundreds of millions of private chat logs from Chinese users were exposed on the internet. Gevers added that the main database was sending data to 17 other servers, depending on where it originated. The databases were secured after Gevers reported the issue.

social media 139

social media Maine Security Course 139

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. For other companies, GDPR is the main concern as they move to expand operations within Europe.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

MARCH 14, 2019

In a statement to the paper, the social media giant said it’s cooperating with investigators. It’s not clear when the investigation kicked off and what the main focus of it is. The Federal Trade Commission and Securities and Exchange Commission are scrutinizing Facebook, as is the Department of Justice’s securities fraud unit.

New York 122

New York Data social media California 122

PYMNTS

JUNE 4, 2019

That point was made clear during a recent PYMNTS discussion with Alain Meier, CEO of Cognito , an ID verification and online fraud prevention service. As Meier pointed out, more consumers are waking up to the fact that all the “free” services they’ve used online — email and social media, especially – come at a high price.

Online 155

Online Fraud social media Data 155

PYMNTS

AUGUST 21, 2019

What can make all that so much worse is fraud. Unfortunately, where there is tragedy, there is fraud.”. That data can go a long way toward tighter, more secure verification and authentication efforts. Even social media is getting in on the act. The chaos and misery can be overwhelming,” Cohen said. Another factor?

Fraud 188

Fraud social media Mobile Online 188

PYMNTS

SEPTEMBER 30, 2020

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. Cybersecurity and data privacy have always been critical facets of open banking regulations as fraud tends to increase alongside growing online transaction volumes.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

SEPTEMBER 7, 2018

However, part of that trade (even if not explicitly stated) is that consumers expect their data to be handled in a manner that protects their privacy and security. At the same time, criminals keep up with those developments, becoming more sophisticated and quickly learning to exploit weaknesses in new fraud prevention products and processes.

Data 101

Data social media Fraud Online 101

Abrigo

MAY 5, 2022

Main Street Banking: A Podcast for Community Bankers 8. In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Fraud Prevention. Banking Transformed 2. BankTalk 3. Learn More.

Community 195

Community Lending Maine Resources 195

PYMNTS

AUGUST 23, 2019

These marketplaces also need to make sure that payments, however quick, remain safe and secure as fraudsters continue to hammer at the gates. The Playbook also examines the increasing threat of fraud as more marketplaces deal with data breaches and their aftermath. An AI-Powered Visual Shopping Experience For Millennials, Gen Z.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

DECEMBER 15, 2020

Like so many other types of fraud that are rising due to increased digital traffic during the pandemic, Walker said scams involving death certificate information are on the rise, requiring information verification. It’s a little bit morbid, [but] it is something we do really well,” he said. Other Growth Areas .

Data 183

Data social media cryptocurrency Maine 183

PYMNTS

APRIL 27, 2016

Can the data trapped in “Digital Exhaust” – like online and social media data – be used to validate identity and predict fraud? Suppose you could build a model that would help financial institutions of any kind fill in those gaps with online and social data that could make thin files thick without increasing their risk?

Online 100

Online Data social media Fraud 100

PYMNTS

MARCH 20, 2020

It takes effort to balance seamless-but-fraud-free user experiences. Less stringent security steps that are frictionless for consumers may let bad actors in; however, those that require too much work can lead to lost sales. Main Street USA Was Healthy In February, But Coronavirus Is The Wild Card.

Technology 181

Technology Apple New York City social media 181

PYMNTS

MARCH 22, 2019

One way to secure funding is to use invoice financing. To that end, Netherlands startup Finturi earlier this month said it had secured $2.2 USD equivalent to help fund its efforts to help companies secure loans against invoices (through linkups with investors) using blockchain and artificial intelligence.

blockchain 162

blockchain social media Lending Security 162

PYMNTS

APRIL 8, 2019

Sharing is, in fact, enormously complex, prone to fraud and frustration, at least when it comes to digital payments and commerce. The rise of the global sharing economy — tied to online marketplace operations — is sparking challenges related to trust, security and confidence for buyers and sellers alike. Sharing Stakes.

Payments 195

Payments Data Fraud social media 195

PYMNTS

MARCH 30, 2018

Citing Japan’s Nikkei Business Daily , TheStreet.com reported that two cryptocurrency exchange startups took back their applications to the Financial Services Agency in Japan after they were told to beef up their security features. Securities and Exchange Commission has issued subpoenas as part of an inquiry into initial coin offerings. “I

cryptocurrency 115

cryptocurrency Bitcoin Regulation social media 115

PYMNTS

AUGUST 9, 2018

Financial institutions were the most common phishing targets during that period, accounting for 40 percent of attacks, followed by digital transaction providers (20 percent), large tech companies (10 percent), major health insurance providers (10 percent), cloud storage providers (10 percent) and social media platforms (10 percent).

Survey 111

Survey social media Online Data 111

PYMNTS

NOVEMBER 3, 2017

Securities and Exchange Commission (SEC) has weighed in on celebrity endorsements of ICOs. Celebrities who endorse an investment often do not have sufficient expertise to ensure that the investment is appropriate and in compliance with federal securities laws,” the SEC said. “If News came this week that the U.S.

social media 100

social media Google Apple Security 100

Insights on Business

SEPTEMBER 12, 2018

If there is fraud on your account, your financial institution will make you whole, as long as you were not negligent and make them aware of the incident in a reasonable time frame. The initial response to fraud in the UK was to lower payment thresholds so much that the system was rendered virtually useless.

Payments 96

Payments Las Vegas Los Angeles Fraud 96

PYMNTS

DECEMBER 20, 2018

German social media platform Knuddels.de , for instance, was docked €20,000 ($22,769 USD) over a data breach that reportedly exposed the personally identifying information (PII) of more than 33,000 users, including email addresses and passwords, according to a statement from the company. Around The PSD2 World.

San Francisco 187

San Francisco Regulation social media Data 187

PYMNTS

FEBRUARY 6, 2020

They tap into consumers’ need for convenience, flexibility and affordability in buying or renting products or services, securely and in real time. Both the subscription and the sharing economy markets have been growing sharply over the past few years, thanks to the explosive growth in mobile technology and social media.

New York 130

New York Oregon social media Trends 130

PYMNTS

AUGUST 18, 2016

In the new Fraudster Profile Podcast Series , Karen Webster is joined by Forter fraud analyst Gilit Saporta, who helps us to identify and break down the characteristics and personas within the diverse and ever-growing group of cybercriminals. Gilit Saporta , Fraud Analyst, Forter. Putting Teen Fraudsters To Bed.

Fraud 100

Fraud social media Cards Groups 100

Insights on Business

SEPTEMBER 12, 2018

If there is fraud on your account, your financial institution will make you whole, as long as you were not negligent and make them aware of the incident in a reasonable time frame. The initial response to fraud in the UK was to lower payment thresholds so much that the system was rendered virtually useless.

Payments 70

Payments Las Vegas Los Angeles Fraud 70

PYMNTS

MARCH 11, 2016

So how can companies strike the balance between ensuring customer acquisition processes are not just efficient, but also frictionless and secure? GIACT Systems’ co-founder and Chief Technology Officer Merlin Bise says the use of smart data in real-time is key to overcoming the onboarding stumbling blocks many companies are facing. “The

Data 100

Data Customer Experience social media Fraud 100

PYMNTS

DECEMBER 10, 2019

The tools we use to detect, score and prevent fraud — particularly card-not-present fraud in digital transactions — have improved exponentially in the last half-decade. As of today, 85 percent to 95 percent of synthetic fraud identities are easily slipping past risk detection systems that are failing to flag them.

Fraud 158

Fraud System Data Tools 158

PYMNTS

MAY 22, 2018

“I look at my son, who’s in his early 20s,” Ball said, adding that like most young people, his son is all about digital commerce — yet he’s only an amateur when it comes to the larger questions of digital data security. “He That is among the main trade-offs of modern life. We have to educate people,” he said.

Data 112

Data social media Security Retail 112

PYMNTS

JUNE 12, 2019

One person told the Journal that the potential for the emails to go public is a main reason for Facebook wanting to reach a settlement with the FCC. Facebook has been functioning under a consent decree it agreed to with the FCC in 2012, after a scandal with Cambridge Analytica regarding data privacy.

Washington 134

Washington Maine Data Report 134

PYMNTS

JUNE 14, 2016

What Allen means is that the age-old standards of matching a name, address and ID against credit data simply isn’t enough to provide merchants and FIs with sufficient protection against potential fraud. Consumers expect their experience to be personalized and secure, but they expect approval to happen fast and without friction.

Data 100

Data social media US Fraud 100

Tomorrow's Transactions

DECEMBER 28, 2016

Electoral fraud isn’t a huge problem in the United Kingdom but it does happen, and it looks as if it’s been happening with increasing frequency in certain areas. From Voters will have to show passports to combat voter fraud in ‘vulnerable’ areas with large Muslim populations. And, as it happens, in my own dear Woking.

Fraud 42

Fraud National social media Maine 42

PYMNTS

AUGUST 5, 2016

So, we all know this – chip cards were not going to fix the problem of fraud at the POS. And NCR researchers at the Black Hat conference this week confirmed that story when they presented a way for the bad guys to commit fraud using chip cards. What would is encrypting data at the POS. But those wallets and the exchanges? .

Bitcoin 100

Bitcoin Payments Samsung social media 100

Independent Banker

SEPTEMBER 30, 2021

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. In early 2021, a customer approached a teller at Kennebec Savings Bank in Augusta, Maine, and asked to withdraw $20,000. Use social media to build trust.

Community 139

Community Community Bank social media Security 139

PYMNTS

OCTOBER 6, 2018

Social media channels, particularly the photo-based Instagram, are excellent places for celebrities to connect with their fans — and show off their stuff. But the downside to social media is that it’s also an excellent information channel for the dishonest. The Instagram Problem.

Los Angeles 148

Los Angeles social media Trends Report 148

PYMNTS

OCTOBER 16, 2019

Concerns over security breaches and data privacy remain high, however, so providers will need to be sure users are properly protected from all manners of fraud as this ecosystem grows. IoT devices still have a number of security weaknesses that providers must address as the technology becomes a larger part of consumers’ daily lives.

Millennials 191

Millennials Fraud social media Florida 191

PYMNTS

SEPTEMBER 4, 2019

Whether bank or business, call centers need to make sure they’re providing an innovative, robust experience for the customer online, over the phone, through mobile apps and on social media. That’s why banks, such as TD Bank , are approaching call center security needs with tools like MFA, said Lindsay Sacknoff, head of U.S.

Security 152

Security social media Tools Knowledge Base 152

PYMNTS

JULY 5, 2019

The interview comes at a time of significantly increased focus on digital ID and a deeper appreciation for its role in the next wave of online commerce and payments — one that promises in the 2020s to be even more global, more focused on marketplaces of all types, and more robust when it comes to seamless, secure consumer experiences.

Innovation 156

Innovation social media Data Security 156

FICO

JANUARY 8, 2021

“When all employees were ordered to work from home, large operational departments — such as call centres or collections outbound and inbound teams — were required to move their operations to employees’ homes via security-protected equipment. Value of Customer-Level Management.

Analytics 52

Analytics Analysis Lending Management 52