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BNY Mellon Partners With Early Warning Services For Faster Payment Times

PYMNTS

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. With the new updated solution, BNY Mellon will let clients validate statuses and owners of accounts in real time across the U.S.

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The Favorites of FinDEVr 2017 New York

Fintech Labs Insights

FinDEVr 2017 New York is in the books. Our second developers conference in New York was a great opportunity to take a look at some of the technologies that continue to drive fintech innovation forward. The post The Favorites of FinDEVr 2017 New York appeared first on Finovate. Day One Attendee Favorite.

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Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

The Bank of America at 52nd Street and Park Avenue in New York City, in one case, ran out of $100 bills for a time due to large withdrawal attempts. Amazon Experiences Technical Setback For Grocery Orders Amid High Coronavirus Demand. It takes effort to balance seamless-but-fraud-free user experiences.

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FinDEVr Preview: Modelshop

Fintech Labs Insights

FinDEVr Previews highlight companies presenting new developer tools, platforms, and integrations at FinDEVr New York 2017 , March 21 & 22. The company allows analysts to rapidly create custom analytics decision engines to drive lending, portfolio risk management, fraud mitigation, or any custom decision need.

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FinDEVr Feature — Modelshop

Fintech Labs Insights

See Modelshop and the rest of the FinDEVr New York speaker lineup on March 21 & 22. Interview with Tom Tobin, Modelshop ‘s Founder: Where did you start your career and how did you gain the experience needed to run the tech side of your company? They were solving the credit card fraud problem using Neural Networks.

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Mistral Mobile Launches m-Aegis Mobile Integrity, a Comprehensive Multi-Factor Authentication Solution

Fintech Labs Insights

With increased volumes, mobile initiated transactions become lucrative targets for hacking and fraud. HQ: Oulu, Finland & New York, NY. Simultaneously, the roadblocks to mobile payments are disappearing with solutions such as host-card emulation and secure-elements, clearing the way for sustained dramatic growth.

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SchoolsFirst Federal Credit Union’s Lesson In P2P Security

PYMNTS

Zelle has also been exploited for fraudulent purposes, with The New York Times reporting that some users were tricked into sending money to fraudsters who were taking advantage of certain vulnerabilities in the service. In one instance, a user transferred money to purchase concert tickets from a Craigslist posting.

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