PYMNTS

SEPTEMBER 2, 2020

Growth equity firm TCV has acquired spend management tech firm Oversight , according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions. Oversight CEO Terrence McCrossan said the acquisition by TCV would be a boon for his company.

Management 151

Management Risk Management Fraud Innovation 151

BankInovation

OCTOBER 27, 2021

LAS VEGAS – PointPredictive announced Wednesday during the Auto Finance Summit it has launched a new tool aimed at helping auto lenders minimize fraud risk.

Las Vegas 97

Las Vegas Fraud Risk Management Tools 97

PYMNTS

NOVEMBER 10, 2020

PSCU , which is billed as the nation's premier credit union service organization (CUSO), has announced its new Enhanced Fraud Services system, which the company said “has helped 10 early adopter credit unions combat fraud of all types, ranging from first-party chargeback fraud to identifying card information being sold on the dark web.”.

Fraud 151

Fraud Virginia Florida Risk Management 151

PYMNTS

SEPTEMBER 10, 2019

Canada’s Everlink Payment Services , a payment solution and service provider for banks, credit unions and small businesses, is strengthening its fraud controls for clients through a collaboration with ACI Worldwide. In a press release Monday (Sept.

Fraud 122

Fraud Risk Management Cards Tools 122

PYMNTS

MAY 5, 2020

In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction. Interacting With The Cardmember.

Cards 197

Cards Fraud Guidelines Mobile 197

PYMNTS

JANUARY 10, 2018

Oversight Systems has updated its Insights On Demand software-as-a-service (SaaS) solutions to provide managers with quicker ways to identify expense report fraud. businesses lose $1 billion every year due to employee expense fraud. In an announcement on Tuesday (Jan. Oversight cited data from JPMorgan, which estimated U.S.

Fraud 100

Fraud Tools Policies Risk Management 100

PYMNTS

DECEMBER 9, 2020

Managing credit risk used to be a reactive process. Bank customers would fall behind on their payments, and their banks might react by imposing fees or having a case manager work with them to bring their accounts back up to speed. In severe cases, banks might have to take the drastic measure of closing accounts altogether.

How To 245

How To Management Report Strategy 245

FICO

APRIL 3, 2020

The importance of Third-Party Risk Management is growing, and by association cybersecurity risk assessment. Doug Clare, Vice President of Fraud, Compliance and Security Solutions, at FICO discusses the challenge in a recent conversation with Chris Wallace, Director of Cyber Risk, at T-Mobile. . by FICO.

Risk Management 52

Risk Management Mobile Management Compliance 52

PYMNTS

SEPTEMBER 20, 2018

ProfitStars , the Jack Henry & Associates division that provides risk management solutions for financial institutions, announced its latest fraud tool on Wednesday (Sept. The iPay ESM solution also offers banks the capability to produce reports for their employees or examiners, the company noted.

Fraud 156

Fraud Online Analytics Tools 156

PYMNTS

JUNE 22, 2020

It’s the battle against fraud that can be lost right at the beginning. There’s increased urgency on the part of financial institutions (FIs) to spend more time and money on battling fraud at the point of onboarding, especially as card-not-present transactions surge in the lingering wake of the coronavirus. alone topped $10.2

Fraud 193

Fraud Cards Risk Management Customer Experience 193

PYMNTS

OCTOBER 25, 2017

There are different levels of fraud management an organization can implement, from completely in-house to completely outsourced. But for a company planning to build an internal team to manage and prevent fraud 24/7, it’s important to understand the value and limitations of this approach.

Fraud 101

Fraud Management Tools Analytics 101

Abrigo

DECEMBER 17, 2019

The expected outcome of greater inventory at a lower cost, as we have seen in prior years, is an increase in fraud activity and cyberattacks heading into the end of the calendar year. One of the most important links in the chain of e-commerce fraud is the “mule”. Anti-Detect” tools are also widely available on the underground.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

JANUARY 5, 2017

4) that it expanded its relationship with the Shared Electronic Banking Services Company (KNET) in Kuwait in which it will use ACI Worldwide’s payment risk management service. With it, KNET can offer its member banks fraud protection. ACI Worldwide will also deliver ongoing fraud prevention consultancy to KNET. “A

Fraud 100

Fraud Risk Management ATM Customer Experience 100

PYMNTS

DECEMBER 2, 2020

P97 Networks and Cybersource, Visa ’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management for fuel and convenience merchants, according to a Wednesday (Dec.

Payments 205

Payments Risk Management Fraud Mobile 205

BankInovation

MAY 27, 2020

As fraudsters evolve their strategies amid the pandemic, Wells Fargo is investing in educational tools and resources so business clients can adapt risk management policies to combat the rise in fraud. “A

Fraud 64

Fraud Risk Management Resources Policies 64

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

Perficient

AUGUST 3, 2023

Generative AI ingests data and understands guidelines incredibly well; therefore, businesses across industries are jumping to take advantage of all the possible ways the tool can help save them money and create elevated, uber-personalized customer experiences.

Industry 83

Industry Risk Management Customer Experience Fraud 83

PYMNTS

NOVEMBER 12, 2019

To catch payments fraud, man and machine must work together. To that end, PSCU said last month that it has chosen NICE Actimize to modernize disputes management with the latter’s ActOne Extend — billed as an automated, artificial intelligence (AI)-powered investigations and case management platform.

Fraud 145

Fraud Payments Management Data 145

PYMNTS

MAY 27, 2020

The May FI Fraud Decisioning Playbook examines the issue of omnichannel fraud and the strategies that banks and CUs are using to detect and thwart it. Around The FI Fraud Decisioning World. Cross-channel fraud is a major threat, and FIs need to quickly detect if it is occurring. Read the full story in the Playbook.

Fraud 245

Fraud How To Analysis Strategy 245

PYMNTS

MAY 9, 2018

CO-OP Financial Services said Tuesday (May 9) that it is releasing fraud-fighting tools for its client credit unions, a move that would beef up the role of artificial intelligence in helping those financial institutions become more secure.

Fraud 100

Fraud Security Risk Management User Experience 100

PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. A 2018 study on payment fraud mitigation reported that 75 percent of financial institutions (FIs) experienced fraud losses.

Analytics 141

Analytics Data Security San Diego 141

Abrigo

DECEMBER 5, 2023

Financial services experience: Practical experience in the banking or financial sector, especially in compliance, risk management, or auditing roles, is invaluable for a BSA Officer. BSA Officers must be able to identify risks and potential compliance issues to ensure a robust AML compliance program.

Training 221

Training Compliance Regulation Software 221

The Paypers

OCTOBER 27, 2021

dLocal , an Uruguay-based payments platform, has introduced new risk management tools to fight fraud.

Fraud 45

Fraud Risk Management Tools Management 45

The Paypers

AUGUST 28, 2018

(The Paypers) The Paypers has sat down with Edoardo “Edo” Fiorentini , the CEO of Edo4All to find out more about the startup and what tools do merchants need when fighting fraud

Risk Management 51

Risk Management Management Fraud Tools 51

Jeff For Banks

NOVEMBER 28, 2023

I asked Google Bard, a large language model tool, the following: "Describe the future of banking in the United States in buzzwords." Embedded finance : Banking services will be integrated into everyday activities, such as shopping, paying bills, and managing finances. Here is what it came up with.

United States 92

United States Analytics Risk Management Google 92

PYMNTS

SEPTEMBER 15, 2020

In such a complex payments ecosystem, merchants have identified the value in diversifying their risk through embracing multiple solution providers partners, including multiple banking services providers. Diversifying Risk. Merchants didn’t realize how important it was to have a backup. A Single Digital EU Market.

Payments 299

Payments Risk Management Management Compliance 299

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

FICO

MARCH 30, 2023

Both from a cash and a fraud perspective, my curiosity was piqued, and I fell down the rabbit hole to learn more. Fraudsters Love Digital Real-Time Payments All this rapid change is great for one thing — fraud. Globally, APP fraud and related scams continue to be a problem for banks and their customers. Where Did My Cash Go?

Fraud 52

Fraud ATM South Carolina Management 52

Insights on Business

MAY 6, 2019

Payment fraud detection has always had a bit more latitude than its counterparts in anti-money laundering, customer due diligence and even trade surveillance compliance. Unlike the latter areas, fraud prevention is an area not as heavily governed by regulations or specific rules of what a financial institution should or should not allow.

Fraud 102

Fraud Regulation Compliance Analytics 102

NCR

MARCH 1, 2016

As a result of the recession and market volatility, there has been a concerted effort in recent years throughout the banking industry to focus on a holistic approach to an institution’s overall risk management in order to achieve and sustain stability. Operational risks transcend all departments of a bank.

Risk Management 40

Risk Management Management Operations Meeting 40

Payments Source

JULY 27, 2017

Rising fraud rates in mobile channels have spawned a bumper crop of new tools to battle crime, but merchants appear to lack consensus on which ones are most effective.

Tools 60

Tools Fraud Mobile Risk Management 60

ABA Community Banking

JANUARY 30, 2019

Bankers have a powerful, yet underutilized, tool at their disposal: machine learning data analytics Feature Technology Risk Management AML & Fraud Tech Management Operational Risk Cyberfraud/ID Theft Big Data Feature3 Fintech.

Fraud 40

Fraud Big Data Risk Management Analytics 40

The Paypers

SEPTEMBER 30, 2022

UK-based all-in-one identity verification platform, Sumsub , has launched a flexible risk management tool to protect businesses from financial losses.

Risk Management 36

Risk Management Fraud Tools Management 36

PYMNTS

SEPTEMBER 14, 2016

ACI Worldwide advises that, as the world moves toward immediate payment ecosystems, a holistic view of the transaction, with layered controls from origination to the application of real-time rules, is the only way to push the pedal to the metal on faster payments and put the brakes on fraud. million in 2007 to £52.5

Fraud 100

Fraud Payments Customer Experience Exercises 100

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Synthetic Identities and Application Fraud. Innovative Customer Communications for Fraud. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

FICO

MAY 2, 2019

Fraud and data breaches have always had a close, if destructive, relationship. As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

Fraud 70

Fraud Data Cyber Security Risk Management 70

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. They either didn’t understand generative AI (it would not be the right tool for credit underwriting) or didn’t understand credit underwriting.

Conference 221

Conference Las Vegas Fraud Case Study 221