PYMNTS

JULY 16, 2020

The top court of the 28-nation bloc ruled the transfer of personal data to platforms in the U.S. will face a potential disruption of their operations. Companies will have to choose between whether to move personal data to servers in Europe or stop doing business in the region. servers, The Wall Street Journal reported.

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Data US Regional Resources 212

PYMNTS

JANUARY 9, 2020

as there is in the rest of the world,” said Stephanie Martz, senior vice president and general counsel of the National Retail Federation (NRF) , the world’s largest retail trade association. Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. comes in dead last, however, as only 59.2

Fraud 131

Fraud Cards Retail Security 131

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

PYMNTS

FEBRUARY 14, 2020

In perhaps the most sweeping example, the member states of the United Nations have embraced, as part of “sustainable development goals,” a target to “provide legal identity for all, including birth registration,” by 2030. In today’s digital age, the concept of “identity” is changing on the global stage, especially when it comes to eCommerce.

How To 205

How To National Fraud Data 205

PYMNTS

DECEMBER 2, 2019

1), and it was ostensibly put into place to tamp down on fraud and stop the illegal sales of mobile phone cards. The technology has had its fair share of controversy, especially in the region of Xinjiang, where it has been used to spy on the area’s Uighur Muslims. The new requirement went into effect Sunday (Dec.

Policies 130

Policies Mobile Maine Fraud 130

Jeff For Banks

NOVEMBER 24, 2019

The bank, First National Bank of Keystone, was $1.1 She effectively ran the bank and its operations. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere. And so went the birth of First National Bank of Keystone's meteoric rise.

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

MAY 17, 2018

Regional lender in Japan, Suruga Bank , apologized this week and admitted that staff may have knowingly processed loan documents that were falsified for a struggling property investment scheme, adding to the list of corporate scandals plaguing the country, reports in Bloomberg said. Meanwhile, Prime Minister Shinz?

Compliance 108

Compliance Lending National Fraud 108

PYMNTS

AUGUST 6, 2019

Latin America is often considered to be the world leader in electronic invoicing thanks to government mandates, but the Asia Pacific region is quickly gaining steam in its eInvoicing efforts, too. And beyond government efforts, FinTechs in the private sector are also promoting eProcurement digitization in the region. On Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

JANUARY 3, 2019

As bad as one might think the risks of cybercrime are (fraud, hacking, data breaches , customer and revenue loss, lawsuits and fines), the reality is probably worse. On the national level, at least, “we’ve been focused on [potential] attacks against critical infrastructure” since the late 1990s, he told Webster. Big Mindsets.

National 169

National Security Risk Management Fraud 169

PYMNTS

AUGUST 28, 2019

Beyond the confines of Europe, Cryptix , a blockchain service provider based in Zug, Switzerland, has said that it acquired Blocktrade, which operates as a digital asset exchange platform. The collaboration seeks to promote a “friction-free” digital identity and authentication services tied to fraud prevention.

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Fintech Analysis Guidelines Data 172

PYMNTS

MARCH 9, 2020

A French hospital, in one case, noted that nearly 2,000 surgical masks were removed from its main operating room, while a trauma doctor reportedly took 12 boxes of masks from a storage room at a hospital in Spain. All of the nation’s schools were previously shuttered until mid-March. Grant Shapps, U.K.

Policies 141

Policies New York San Francisco Seattle 141

PYMNTS

FEBRUARY 18, 2019

China’s Operation Fox Hunt has led to the arrest of 62 Chinese nationals abroad and the seizure of 10 billion yuan ($1.5 The Chinese ministry said their teams “successfully brought back 62 criminal suspects from 16 countries and regions, including Thailand and Cambodia.”.

Lending 129

Lending Regional Operations National 129

PYMNTS

MARCH 25, 2019

The Netherlands, for instance, only recently implemented it because it needed to make sure that consumers’ personal data will remain protected, as payments in the region are mostly digital. To foster trust and grow customer awareness, DNB has launched a national media campaign. PSD2 compliance, licensing and consumer protection.

Regional 108

Regional Regulation Data Payments 108

PYMNTS

JANUARY 7, 2020

Visner of the National Cybersecurity Federally Funded Research and Development Center (FFRDC) — managed by nonprofit MITRE , in support of the NIST National Cybersecurity Center of Excellence — said it’s important to put the cyberthreats, and Iran’s willingness to deploy them, in context. cloaked well enough so that the U.S.

National 145

National United States Operations System 145

PYMNTS

OCTOBER 11, 2016

Treasury has reportedly dubbed international payments processor PacNet, which operates Counting House, a “criminal organization,” and reports said the move could cause trouble for FX brokers. ” PacNet has operations in Canada, the U.K. ” PacNet has operations in Canada, the U.K.

United States 100

United States Operations Regional Report 100

FICO

FEBRUARY 9, 2023

As the PSR’s response to authorized push payment fraud moves towards becoming law, what will the results be? million stolen through fraud in the UK last year, payment scams (or authorised push payment fraud or APP scams) accounted for 41%. A quarter of all losses to payment fraud is under £100. And what can banks do?

Fraud 52

Fraud social media Examples Regulation 52

PYMNTS

FEBRUARY 21, 2018

A regional government in Russia is now working with state-backed VEB, reports in CoinDesk said this week, as authorities explore how to use blockchain “to improve the quality of management decisions.”. United States. Blockchain may be shaping up to be a topic left to individual states to handle.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

JULY 14, 2017

The International Telecommunications Union (ITU) gave these three African countries the highest marks in the region in its Global Cybersecurity Index based on their legislative frameworks, technical capacity to respond to incidents and cooperation with other countries. Despite reports that it was hit, the Wolf Creek Nuclear Operating Corp.

Operations 118

Operations Study social media Security 118

PYMNTS

JULY 28, 2017

The regional court in Cologne gave Daniel K. One can’t say exactly what the damages for Telekom are,” the presiding judge, Christof Wuttke, said in handing down the sentence, noting the costs to Germany’s biggest telecom services operator were sizable but not “lasting.”. The maximum sentence was up to 10 years.

Regional 101

Regional Operations National Security 101

FICO

DECEMBER 2, 2020

In December of last year, the Malaysian National Bank, Bank Negara, issued a consultation document about their intention to allow eKYC in the applications process for a wide range of financial products. Met Central Bank compliance requirements to reduce fraud. eKYC Malaysia – digital transformation success. How FICO helps.

Survey 72

Survey Regional Compliance Fraud 72

FICO

NOVEMBER 23, 2021

At Conductor, he helped the payments and banking-as-a-service platform increased fraud detection by 25 percent. Sibulelo Ncamani, head of operational risk and governance at Absa Bank (previous winner). Sibulelo is responsible for operational risk management, valuations strategy, management assurance and governance at Absa Bank.

Meeting 52

Meeting Analytics Risk Management Management 52

PYMNTS

APRIL 23, 2019

Tick down the list of offerings spanning decades (the Mac, the iPhone, the iPod, iTunes, the iOS operating system/ecosystem), and one can find that the ways we communicate, listen, stream and, indeed, interact with technology have all shifted. Wrap even modest rewards in a digital wrapper and, perhaps, demand will follow.

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Apple Cards Payments Course 200

PYMNTS

JULY 1, 2019

Entities such as the National Payments Corporation of India — an umbrella organization for operating retail payments in India — have been helping to guide electronic payments adoption. However, more developed nations have been relatively constrained by legacy technologies and entrenched ways of conducting commerce.

Payments 130

Payments Mobile Security National 130

PYMNTS

FEBRUARY 10, 2017

With a goal of expanding its presence across the Nordic region, Enterpay, based in Finland, has raised new funding from NFT Ventures, the companies said Monday (Feb. Rippleshot uses machine learning and data analytics to provide fraud detection solutions to banks and other financial service providers. B2B Payments. Other VC Activity.

Fintech 100

Fintech Capital Lending Data 100

FICO

FEBRUARY 1, 2023

Not only have we found the success rate to be much higher, at around 80%, but it reduces operational costs and helps contact centre teams focus on customers seeking immediate relief, who need human interaction to deal with their financial difficulties and help prevent individual delinquency.

Management 52

Management Fraud Strategy Analysis 52

FICO

MARCH 7, 2023

Scott Zoldi Matt Cox Matt Cox is vice president and general manager of Europe, the Middle East and Africa for FICO, overseeing operations across the region. He is a seasoned executive with 20 years global experience within the financial services industry, specializing in fraud and financial crime across all products and services.

Regulation 52

Regulation America Compliance Fraud 52

PYMNTS

APRIL 15, 2019

Even so, retailers must protect against theft and fraud without adding friction for employees and customers in the age of automation. The system will reportedly be tested on regional routes of Bus Éireann later in 2019 and is based on technology the company has brought to other cities. And, in the U.S.,

San Francisco 130

San Francisco Retail System New Jersey 130

PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. In the U.S.

Cards 187

Cards Security United States Technology 187

FICO

AUGUST 10, 2022

Matt Cox is vice president and general manager of Europe, the Middle East and Africa for FICO, overseeing operations across the region. He is a seasoned executive with 20 years global experience within the financial services industry, specializing in fraud and financial crime across all products and services. See all Posts.

Lending 52

Lending Fraud Meeting Data 52

PYMNTS

JUNE 7, 2018

According to reports this week, those organizations included The Association of National Advertisers, sites operated by A&E Networks and such newspapers as the Chicago Tribune , the Los Angeles Times and the New York Daily News.

Los Angeles 107

Los Angeles Google Regulation Data 107

FICO

NOVEMBER 8, 2022

Strong Fraud Protection Could Draw More Customers - Survey. Fraud protection is now firmly on the radar for consumers and has risen substantially as a deciding factor - it could even be a competitive advantage for banks. In the UK, trade bodies have called for fraud levels to be considered a national security threat.

Fraud 52

Fraud Survey Security eBook 52

PYMNTS

MARCH 27, 2020

There were the individuals who cleared entire regions of all the toilet paper and hand sanitizer within a 50-square-mile radius, and then set off for the Amazon marketplace in search of riches netted through marking up the price on their stockpile of goods. . “We Battle of the Week: The Ongoing War on Price Gougers . .

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New Jersey Survey Meeting Payments 130

Gonzobanker

DECEMBER 17, 2021

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. From nowhere, sizable regional players are being created. From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks.

Fintech 143

Fintech Strategy Leadership Lending 143

Abrigo

JANUARY 3, 2024

While many think of trade, commerce, and cultural exchange when considering this region, ignoring the undertow of illicit activities is impossible—the border remains a hotspot for drug trafficking, illegal arms trade, human trafficking, and smuggling operations, necessitating vigilant scrutiny and transaction monitoring within the U.S.

United States 221

United States San Antonio Training Fraud 221

FICO

JUNE 23, 2023

Home Blog Feed test Is Hyper-Personalization a Game Changer for Fraud Management? But fraud must be a consideration here too. Done right, a hyper-personalized experience is the key to some major challenges faced by fraud departments today. It has the potential to positively transform the customer’s experience of fraud controls.

Fraud 52

Fraud Management Customer Experience Strategy 52

FICO

MAY 19, 2021

What Is First-Party Fraud? From banks to telcos to debt collection agencies, what looks like unrecoverable bad debt may in fact be first-party fraud. For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. by Matt Cox.

Fraud 52

Fraud Groups Analytics Compliance 52

Insights on Business

AUGUST 28, 2019

In our webinar yesterday, the first in the series AI Fraud Detection — Beyond the Textbooks , we ran out of time and weren’t able to address some great questions we had from the audience. What rules or models can you recommend to detect push-payment fraud”? Here’s why: All fraud models are predictors. Great question!

Fraud 93

Fraud Training Cards Data 93