PYMNTS

JULY 5, 2017

Fraud is like gluten. Most organizations have resigned themselves to the fact that, despite their defenses, fraud is just a part of doing business. But fraud costs an average of 7.5 But fraud costs an average of 7.5 But alongside all of that opportunity comes risk of fraud.”. There’s got to be a better way.

Fraud 161

Fraud Survey Retail Resources 161

PYMNTS

SEPTEMBER 3, 2019

The global digital ad market is expected to be valued at $225 billion by 2020, so it is no wonder fraudsters are trying to steal a piece of the pie. Ad fraud’s prevalence is largely due to two factors: The lack of regulation and the sheer complexity and volume of online advertising. Ad fraud can take a variety of forms.

Fraud 123

Fraud San Francisco social media Tools 123

PYMNTS

OCTOBER 25, 2017

With many shoppers in Mexico wary of credit card fraud and relying mostly on cash, Amazon has launched a new cash payment service in the country. Amazon debuted its Mexico-based site two years ago and is now the country’s third-largest online retailer. and only slightly above Walmex ’s online revenues.

Marketing 124

Marketing United States Online Retail 124

PYMNTS

JANUARY 1, 2021

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms.

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Regulation social media Course Apple 352

PYMNTS

JANUARY 30, 2020

Widely publicized data breaches and hacks have made today’s consumers especially concerned about fraud. Cautious shoppers may find comfort in debit, with fraud losses associated with the payment method declining over the past several years. Card fraud is an ever-present threat. A Big-Picture Approach To Thwarting Debit Fraud.

Security 182

Security Fraud ATM Cards 182

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

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.”

Fraud 108

Fraud United States Online Capital 108

PYMNTS

JULY 25, 2019

Banks need to innovate faster and further when it comes to the technology they use on their online platforms, as to stay one step ahead of bad actors with access to the same technology. The Tracker also examines how these technologies are beginning to be used in new markets like South Africa and India. Around the Digital Banking World.

Digital Banking 176

Digital Banking Innovation Fraud United States 176

FICO

JUNE 14, 2021

Invitations to buy even the smallest items on an installment plan seem to be everywhere online, and in-store, too: called “buy now, pay later” or BNPL loans, these offers let consumers buy what they want, now, and pay for it over time in four equal payments. BNPL: Even the smallest purchases can now be broken into bite-size chunks. .

Fraud 52

Fraud Cards Millennials Utah 52

PYMNTS

OCTOBER 10, 2019

Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Financial institutions (FIs) need to keep watch for newer schemes as they seek to prevent different forms of fraud, such as money laundering, on their online platforms. Synchrony Financial Upgrades Its AML Strategy As Fraud Grows.

Fraud 126

Fraud Digital Banking Strategy Security 126

PYMNTS

DECEMBER 27, 2019

In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online spending. Retail sales hit record highs this holiday season, thanks to massive growth in online spending, which was up 18.8 Amazon Seeks Patent For Hand Recognition.

Retail 130

Retail Payments blockchain United States 130

PYMNTS

DECEMBER 20, 2019

In September, the search giant was fined almost 1 million euros to authorities in the country to take care of a probe regarding fiscal fraud. Department of Justice (DOJ) is looking into Google ’s online shopping conduct as part of its broader antitrust probe. That investigation lasted four years. . In other Google news , The U.S.

Google 131

Google Comparison United States Regulation 131

PYMNTS

DECEMBER 3, 2019

A California college student has filed a lawsuit against TikTok , accusing the viral video service of sending her personal data to its parent company in China, as well as creating an online profile for targeted advertising, without her consent. billion times since its launch. “It

CA 131

CA Data California Video 131

PYMNTS

JUNE 13, 2019

Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data.

Security 129

Security blockchain San Francisco United States 129

PYMNTS

MARCH 12, 2020

President Donald Trump unveiled a number of executive actions designed to address the economic impact of the coronavirus, which continues to spread across the United States. Among the mandates: suspension of all travel from Europe to the United States for the next 30 days beginning Friday.

Payments 150

Payments United States Innovation Survey 150

Abrigo

JUNE 23, 2020

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. Over 2,000 financial institutions are hosted in the ADC, which is independently owned by Abrigo and housed in the United States. Fraud Prevention. Fraud Trends. Learn More.

Software 195

Software Community Fraud Resources 195

PYMNTS

JANUARY 14, 2021

Nike is suing 589 websites, the owners of 676 social media accounts and more than 100 unidentified companies and individuals for allegedly selling counterfeit versions of its Nike and Converse shoes online. Nike wrote in a lawsuit filed in the U.S.

Los Angeles 309

Los Angeles social media United States New York 309

PYMNTS

JANUARY 10, 2019

Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. Top markets include Japan, the United States and Korea. Working with Regulators.

United States 158

United States Regulation Compliance Strategy 158

Tech and Finance

DECEMBER 30, 2018

Cyber security pros and risk analysts should be better than the average person at detecting fraud, but a little over three percent submitted their personal identification information to sign up for an app described as “Shazam for voice identification.”. million fraud complaints in the United States last year.

Fraud 31

Fraud Company Cyber Security United States 31

PYMNTS

NOVEMBER 11, 2016

This week, Donald Trump clenched the title of president-elect of the United States. First, the bank’s fraud system detected suspicious activity , which led to thousands of customer cards being blocked from usage. Just days later, the fraud scare actually became reality. Hackers Lift $3M From Tesco Bank. 8) that £2.5

Las Vegas 173

Las Vegas Fraud Honolulu Cards 173

PYMNTS

AUGUST 1, 2018

Supreme Court struck down state bans on sports betting, MGM Resorts International has signed deals with the NBA and other operations that could mark the first chapter of the country’s new sports and gambling culture. MGM officials will also reportedly help the league detect fraud and game-fixing. NBA Data and Logos.

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United States Online New York Louisiana 101

PYMNTS

SEPTEMBER 4, 2020

Still, the online vacation rental marketplace has not ruled out a merger with Ackman’s Pershing Square Tontine Holdings Ltd. New Data: How Online Merchants Build Consumer Trust In The Digital 3.0 The reality of Q4 is that the balance of power has shifted from in-person to online. Trackers and Reports.

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Survey New York City Digital Banking Online 175

PYMNTS

APRIL 23, 2020

Unfortunately, he said, countless other companies struggle to make that transition, and face challenges in expanding reach and boosting conversion rates online. The payments capabilities of merchants large and small, Collison told Webster, may not be ready, technologically speaking, for the sudden surge in online demand.

Payments 184

Payments Online Cards United States 184

PYMNTS

JUNE 19, 2020

Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18), alleging the company sold counterfeit goods as the trade in the so-called “gray market” continues to draw attention. The counterfeits [are] kind of flooding the markets,” he told Federal News Network. “It customs authorities.

social media 181

social media United States Branding National 181

PYMNTS

MAY 28, 2019

With abundant choices in many aspects of their lives, consumers expect a range of options when it comes to online shopping, ranging from picking out clothes to making travel plans. Half of global online transactions are expected to take place in Asia this year. billion – of funds were lost to card fraud in 2018, up from $1.4

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

DECEMBER 21, 2020

We’re in a brave new world of war waged digitally by nations against the United States and other countries, where geopolitics could involve crippling adversaries’ governments through computer hacks — and stealing money to fund illicit activities. The impact on the financial markets could be considerable,” she said.

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United States cryptocurrency National Security 227

FICO

FEBRUARY 5, 2018

How is application fraud evolving? And what should fraud leaders be doing to manage fraud risk in a digitally connected world? To answer those questions, we spoke with a man with 25 years of experience in fraud management, Bob Shiflet. This balancing act ultimately requires banks to set a fraud risk appetite.

Fraud 60

Fraud Management Analytics Strategy 60

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. Visa Launches Visa B2B Connect In 30+ Markets. It was a solution that laid in the cross-section of many separate but connected problems in the Mexican market and beyond.

San Francisco 100

San Francisco Fraud United States Google 100

Gonzobanker

SEPTEMBER 14, 2023

We’re gearing up for Smarter Bank LIVE , and your 325+ RSVP responses to our upcoming online event make one thing clear: You want your bank to become more than the branch next door. It’s sort of like asking Taylor Swift to give up singing to take a job handling financial fraud instead. THAT IS WILD. bank’s fintech partners.

How To 109

How To New Hampshire Oklahoma Fintech 109

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. Visa Launches Visa B2B Connect in 30+ Markets. It was a solution that laid in the cross-section of many separate but connected problems in the Mexican market and beyond.

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

NOVEMBER 20, 2020

While the United States will remain Red Dot’s largest market and focal point, looking east will help diversify revenue and risk. The second catalyst has to do with improved Israeli diplomatic relations with Gulf Arab countries, which improves access to Asian emerging markets – something Stern said was completely unexpected.

Capital 192

Capital United States Strategy Conference 192

PYMNTS

JULY 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. In the United States, U.S. Treasury Department.

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Fintech Security US United States 194

PYMNTS

NOVEMBER 16, 2018

All the data submitted and left behind online by users serves to give software ever-more information about how specific consumers browse, shop, buy, pay and transact (all of which go a long way to helping prevent fraud, of course). percent use the tech to fight internal fraud. That’s the promise. The report found that 81.8

Fraud 108

Fraud United States Data Technology 108

PYMNTS

MARCH 15, 2019

Connected commerce is among the hottest trends in retail, and not just for streaming or ridesharing or online gaming services, but for subscription purchases, too. In fact, according to new PYMNTS research, digital services are expanding in the United States and in markets around the world. Growth and Complexity.

Retail 146

Retail Payments Cards United States 146

PYMNTS

SEPTEMBER 16, 2019

The requests come on top of a busy week in antitrust investigations where, as has been widely reported, a group of 50 attorneys general stood on steps of the United States Supreme Court on Monday and announced an investigation into Google’s advertising practices. The road may be long — and the probe itself will be sweeping.

social media 122

social media Google Taxes Arkansas 122

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Pixelon: Online video vaporware. And others disappear forever.

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Fraud Las Vegas Company Video 78

PYMNTS

MARCH 14, 2016

Payment fraud evolves in ways that are truly frightening — and with haste. Fraudsters are continually scrambling to keep up with, and have one foot in front of, technology, with recent stumbling blocks in the form of EMV, in the United States, likely to give rise to greater card-not-present fraud.

Fraud 100

Fraud Analytics United States Big Data 100