PYMNTS

NOVEMBER 8, 2018

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. 7) that it is piloting Dynamic CVV2 technology for commercial card customers. ” PNC Treasury Management added that the solution does not require a change in buyer behavior. .

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Fraud Cards United States Online 116

PYMNTS

JANUARY 8, 2021

Equifax has inked a deal to purchase artificial intelligence (AI)-powered fraud prevention and digital identity technology provider Kount for $640 million. Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan.

Idaho 295

Idaho Fraud United States Customer Experience 295

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. Should I start to worry?

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United States Analytics Risk Management Google 92

PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. At the least, it won’t get any better — not according to any anti-fraud expert who is worth their rate. million fraud crimes in 2017, Trilli said, and $22.1 In the U.S., there were 16.7

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Fraud Online social media Software 189

PYMNTS

NOVEMBER 16, 2020

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. Bank , one of the largest commercial banks in the United States. Leveraging Advanced Technologies. Effective cyber-fraud strategies must be comprehensive, nimble and intelligence-driven,” she said. “As

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Fraud Strategy social media United States 295

PYMNTS

MARCH 20, 2020

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. It can be challenging for restaurants to manage multiple eateries and to keep them completely stocked as well as running smoothly in the best of times.

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Technology Apple New York City social media 181

PYMNTS

OCTOBER 22, 2019

Managing cash positions has become an exercise in thinking big, thinking long-term, and at the same time addressing constantly shifting smaller details and demands of businesses that are increasingly global in scope. But the executive insights in the pages that follow offer a bit of roadmap for cash managers to see more restful nights.

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Management Exercises United States Innovation 102

PYMNTS

JUNE 15, 2017

Can data make all the difference in the fight against payments fraud? The discussion played off the findings of a new whitepaper from the firm titled, “Driving Up Conversion with Effective Fraud Management.”. Yes — if you know what to do with the data, and if you know where to find it in the first place.

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Fraud Data Tools Management 115

PYMNTS

JUNE 30, 2017

FIS, the financial services technology, and Cardtronics, the ATM owner/operator, announced Thursday (June 29) plans to integrate FIS Cardless Cash access across Cardtronics’ ATM fleet in the United States. With the technology, consumers can access their funds and authorize how much to withdraw without needing a physical card.

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ATM Technology United States Security 117

PYMNTS

AUGUST 12, 2020

Visa has become a part of the ranks of companies experimenting with Phixius, a technology that assists credentialed service providers in exchanging and supervising digital payments data, NACHA said in a Wednesday (Aug. The technology was to use the blockchain as well as Afinis interoperable and standardized APIs in addition to ISO 20022.

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Data Payments United States Fraud 198

PYMNTS

APRIL 27, 2020

Card networks, processors and other major financial institutions (FIs) have worked to build up the technological infrastructure to support credit card transactions over the decades. What’s more, all of this must be accomplished in complex regulatory and security environments, with the omnipresent threats of hacking and fraud.

Cards 226

Cards Fintech United States Case Study 226

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank client preferences have moved toward self-service technologies over branch visits in recent years because of ease of use and improved convenience. Kobe Bryant’s VC Firm Holds More Than $2B in Assets .

Cards 131

Cards Technology social media Meeting 131

PYMNTS

JUNE 2, 2020

Amazon Technologies Inc. The company wrote in its United States patent application that it can be challenging, if not impossible, to ascertain the trustworthiness of a party as activities move online and internationally. Gartner Inc.,

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blockchain United States Taxes System 142

PYMNTS

NOVEMBER 19, 2019

The United States Federal Emergency Management Agency (FEMA) has revealed that it might look into using blockchain technology to streamline disaster insurance payouts, as well as speed up its response to disasters.

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blockchain Puerto Rico Virgin Islands United States 217

PYMNTS

APRIL 10, 2018

Data needs management, and protecting that data requires vigilance. And yet, many firms do not have the staff in place to manage cryptographic keys. Under the terms of those mandates, effective this year, encrypted keys must be managed in “bundled” blocks. There’s a personal element to the technical wizardry, though.

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Management Security United States Data 144

PYMNTS

JANUARY 14, 2020

Companies can bank on its recurring revenue stream to more confidently plan expansion, for example, and manage cash flow. The subscription business is also contending with the twin challenges of fraud and subscriber churn, forcing companies to increasingly turn to high-tech fraud-busting solutions to entice and keep subscribers.

Data 131

Data Fraud United States Examples 131

PYMNTS

JANUARY 28, 2020

CUs are also leveraging the latest technologies, including cloud computing, to continue fostering the relationships with their customers. Though cloud computing still has its teething issues, CUs are exploring a middle ground between public and private cloud servers to determine the best way to harness this technology. million in 2019.

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PYMNTS

JANUARY 10, 2017

It’s early in 2017, but fraud looms like Nosferatu chancing upon the sleeping maiden. Yes, that is billions with a B, and a capital B, as it represents the staggering amount that merchants lost last year, in the United States alone, from false declines, as estimated by BI Intelligence.

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Fraud US Data System 100

PYMNTS

APRIL 22, 2016

Regardless of the company, its industry, its customers or location, online fraud remains top of mind. The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year.

Fraud 100

Fraud Idaho Innovation San Francisco 100

FICO

APRIL 29, 2022

With any change, fraud comes hand-in-hand. All these evolutions mean a changing landscape for retail fraud and scam trends. Let’s take a look at the current state of affairs, and how consumers and banks can fight back. Multiple Channels Increase Fraud Exposure. ACH volumes in the United States increased 8.7%

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Fraud Retail Payments cryptocurrency 52

PYMNTS

JUNE 26, 2018

CashShield , an online fraud management solution for mid- to large-sized enterprises, announced Tuesday (June 26) it raised $20 million via a round of fundraising. Investors, too, see the value, and are supporting us in our fight against the online fraud boom.”

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Fraud United States Online Capital 108

PYMNTS

MARCH 10, 2020

Agencies in the United States and European Union are both leveraging biometric tools such as fingerprint and facial scanners in their day-to-day business, with agencies finding that this technology reduces processing time and improves identity management and passenger flow. This market is expected to be valued at $3.5

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Payments Louisiana Colorado Security 272

FICO

JUNE 14, 2021

In this post, I’ll provide a quick overview of how BNPL works, and share my thoughts on how BNPL fraud can occur and where the financial liability lays. . For these reasons, BNPL loans, which are convenient and fast, can be an excellent spend management tool. A BNPL Primer. They can then choose the BNPL option at checkout. In the U.S.,

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Fraud Cards Millennials Utah 52

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification.

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North Carolina Houston Fraud Innovation 197

ZootBlog

MAY 18, 2016

This is the first in a two-part series as we look more deeply at fraud concerns and best practices for managing this ever-changing threat. Over the past couple of weeks we’ve been discussing fraud mitigation strategies on ZootBlog—everything from EMV chip cards to encryption, tokenization, and biometrics.

Fraud 67

Fraud Taxes United States Study 67

Abrigo

NOVEMBER 2, 2021

The BSA , adopted in 1970, has not had a significant overhaul since the USA PATRIOT Act (commonly known as the Patriot Act) in 2001 in response to the September 11 terrorist attacks on the United States. Evaluate BSA/AML processes for innovative technology needed for streamlining. AML A is significant in U.S.

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Compliance Regulation Resources Policies 195

PYMNTS

SEPTEMBER 9, 2016

PYMNTS recently spoke with Luis Rojas, vice president of product management for Guardian Analytics , an online banking security firm, about the effect of a faster processing environment, the potential for increased fraud and how to mitigate that risk. The Mountain View, Calif.-based Risky Business.

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PYMNTS

APRIL 2, 2020

This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however. USSFCU’s high-profile member base has made security even more important, with management often operating under the assumption that USSFCU is constantly under attack to prevent major problems.

United States 174

United States Security Innovation Mobile 174

PYMNTS

SEPTEMBER 16, 2020

Barley Laing , managing director at Melissa , told PYMNTS in an interview that there’s no one-size-fits-all approach to identity verification. Advanced technologies like machine reasoning can boost confidence ratings for online transactions. A Pragmatic Approach.

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Online United States Regulation Fraud 263

PYMNTS

FEBRUARY 6, 2018

Perhaps the last and best hope in the battle against ID fraud – the kind that brings ruin to credit reports and billions of dollars in losses to card companies and merchants. This is the percentage of new account fraud victims who discover they are, well, victims when they are contacted by a debt collector. Digital DNA.

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Fraud Data Security Cards 120

PYMNTS

DECEMBER 29, 2020

Getting on board with a new payment system — especially one that sends funds irreversibly and in real time — requires FIs to make many changes to internal processes like fraud-fighting s trategies. This friction and limited usability could seriously impede companies’ payments experiences with the rails.

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Payments Strategy United States Report 311

PYMNTS

SEPTEMBER 8, 2016

With the Same Day ACH rollout just weeks away, financial institutions are working to make sure that Faster Payments in the United States are not plagued by the same problems they were across the pond. rolled out Faster Payments a few years ago, fraud spiked, as fraudsters acted quickly to take advantage of the reduced timeframe.

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United States Fraud Analytics Payments 100

PYMNTS

SEPTEMBER 4, 2018

Or will cards with cutting-edge technology win more loyalty from shoppers? Such questions are addressed in a new PYMNTS story that features an interview with Sebastien Clamagirand, general manager of secure payment and identity at NXP Semiconductors. The main message he offered?

Cards 110

Cards Payments United States Maine 110

PYMNTS

DECEMBER 20, 2017

What do track and field stars, NASCAR drivers and millions of businesses owners around the United States have in common? While faster payments are sometimes perceived as riskier than their older, slower predecessors, Ward noted that they can actually be safer, if paired with the right tools and technology. Getting faster….

Payments 209

Payments United States Digital Banking Fraud 209

Abrigo

JUNE 23, 2020

As most operations have shifted to a digital-first world due to the coronavirus pandemic, institutions have had to adjust and adapt new technologies to stay competitive and thrive during these times. We understand the trust you put in us when you use our BSA/AML and fraud software and we make the same investment in your program’s success.

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Software Community Fraud Resources 195

PYMNTS

FEBRUARY 14, 2018

As the world’s leading digital identity authentication network, this financing will enable Payfone to continue to offer its digital identity authentication services that helps companies battle fraud while still boosting customer satisfaction, enabling clients to increase their revenue.

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United States Fraud Customer Experience Innovation 100

PYMNTS

SEPTEMBER 17, 2020

Countries with the most sizable count of BTMs are developed nations like Britain, Canada and the United States. On another note, the Science and Technology Directorate ( S&T ) arm of the U.S. S&T Prize Program Manager Kathleen Kenyon told the outlet, “We’re trying to reach that freelance designer.”

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Bitcoin ATM Security cryptocurrency 178