PYMNTS

DECEMBER 7, 2020

Today in B2B payments, Revolut launches a new solution for its business customers, and MonetaGo collaborates to combat trade finance fraud. Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online.

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Fraud Capital Regional Security 159

PYMNTS

JULY 21, 2017

If a data breach is a sprint — where a fraudster grabs as much data as he or she can, as quickly as possible, in an effort to maximize ill-gotten gains — the fight against fraud is a marathon. Fraud varies country to country, region to region. Europe may offer a tell on the fraud to come.

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Fraud United States Regional Cards 116

PYMNTS

MAY 20, 2020

Accomplishing this task poses a unique set of challenges, however, particularly when it comes to real-time payments. The 27 EU member states have their own financial systems, and many have also implemented their own domestic real-time payments rails. The ECB sees TIPS as more than just another real-time payments solution, however.

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Payments Guidelines Regional Strategy 210

PYMNTS

JULY 2, 2020

As the fallout from Wirecard ‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). Fraud Concerns Arise. The Auditor’s Role.

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Fraud Report Company Regional 152

FICO

OCTOBER 18, 2022

FICO Fraud Expert Naomi Palmer Wins Women in Credit Award. Naomi Palmer, a fraud consultant at FICO, won silver in the ‘Team Player of the Year’ category. Naomi is an outstanding consultant who has helped clients around the world combat fraud and protect their customers. How FICO Can Help You Improve Your Fraud Programmes.

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Fraud Regional Trends Examples 52

FICO

NOVEMBER 16, 2022

Enterprise Fraud Solution Buyers Want More Agility, More Data. Our recent global survey reveals the investment priorities and functionality requirements for enterprise-level fraud solution buyers. We asked about priorities, plans and requirements for enterprise fraud prevention and detection solutions , and the results are fascinating.

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Fraud Data Survey Regional 52

Jack Henry

SEPTEMBER 20, 2023

Community and regional banks and credit unions can learn about payments trends in 2023, FedNow, streamlining experiences, reducing fraud and risk, and the future of payments.

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Regional Fraud Community Trends 88

PYMNTS

MARCH 8, 2019

Invoice fraud, where emailed requests trick employees of various firms into sending money to scammers’ bank accounts, has been making the rounds in the United Kingdom. firms are vulnerable to that type of fraud. According to research from Santander Business , as much as half of all U.K. Department of Justice.

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Fraud Study San Francisco Denver 149

PYMNTS

MARCH 11, 2020

To stay young and competitive at 170, Western Union has opened its platform to enable some of the FinTech and Big Tech companies that are looking to dominate the global payments stage. Global Payments: Taking a Localized Approach to Fighting Fraud. and new openings scheduled. and new openings scheduled.

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Payments Fraud Regional Digital Banking 140

PYMNTS

MAY 4, 2020

Payment orchestration platforms (POPs) are suddenly everywhere as solution-shopping for the great American reopening gets underway in earnest. Merchants need to offer international customers their preferred payment methods to best cater to them, yet they must do so in a way that is fast and secure for their businesses,” the report states.

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Payments Customer Experience Regional Online 130

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions.

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Online Report Payments Regulation 151

PYMNTS

JUNE 3, 2020

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America.

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America Regional Fraud Mobile 248

PYMNTS

NOVEMBER 1, 2018

The move toward faster payments is an inexorable one. As reported earlier this month, Hong Kong’s newly debuted Faster Payments System (FPS) has seen its share of controversy, at least at the outset. The alleged fraud involves personal data used to set up eWallet accounts and facilitate direct debit activity.

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Payments Fraud Survey Innovation 144

PYMNTS

DECEMBER 6, 2020

GUUD has significant operations across Asia, and GUUD executives have publicly announced plans to expand in the region. GUUD’s solutions will be bolstered by MonetaGo’s Secure Financing platform, which prevents double financing and other types of trade fraud,” the announcement of the new arrangement states.

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Security Fraud Regional blockchain 205

PYMNTS

NOVEMBER 1, 2016

Hitachi is teaming up with a regional bank in Japan to introduce anti-fraud ATMs. Joyo Bank, a regional lender located north of Tokyo, will begin operating the new anti-fraud ATMs early next year. Joyo Bank, a regional lender located north of Tokyo, will begin operating the new anti-fraud ATMs early next year.

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ATM Fraud Mobile Regional 100

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Offerings like the Real-Time Payments® (RTP) network are drawing attention from bad actors as well.

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Fraud Security Payments United States 231

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).

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Fraud Technology social media Innovation 52

PYMNTS

APRIL 10, 2020

“In times of uncertainty, it’s important that we help our clients mitigate risk by offering flexibility, redundancy and resilience,” Ryan Frere, executive vice president, global payments at Flywire , told PYMNTS. The following is an excerpt from Black Swan , contributed by Flywire Executive VP of Global Payments Ryan Frere.

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Payments Regional Resources US 150

PYMNTS

SEPTEMBER 26, 2019

If for nothing else, Uber and Lyft will be remembered for one big thing: making payments all but invisible via a seamless transaction process that was pretty much revolutionary. Instant Payments. However, a company that can offer such payment options can gain an edge over its competitors. Role of Data.

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Payments Fraud Data Marketing 219

PYMNTS

JULY 10, 2020

Credit unions and regional or community banks have stepped in to fill the banking gap, making barriers to accessing much needed financial services lower than ever before for marijuana businesses. That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access.

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Innovation Payments Tools Compliance 210

PYMNTS

NOVEMBER 30, 2020

While the business email compromise (BEC) scam is a global pain point for businesses, this week's B2B Data Digest looks at the latest figures in B2B payments fraud and finds BEC heating up in one particular region: Australia and New Zealand. million erroneous payment resulting from a BEC scam. In total, about $104.5

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Fraud Cyber Security Data Software 177

PYMNTS

JUNE 19, 2018

Fraud has no choice but to roll with the punches, and the flurries are enough to daze a boxer as skilled as Ali. By now, it’s widely known that chip-enabled cards have been pushing fraud to digital conduits. This is the estimate of global card fraud losses by 2020. Pity the poor fraudster. Grab a piece of an ID and blam!

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Fraud Analytics Online Cards 138

PYMNTS

DECEMBER 23, 2020

One recent report found that 57 million freelancers are expected to operate in the U.S. The freelance market is also expanding in Europe, with one study indicating that gig economy workers conduct approximately 20 percent to 30 percent of all jobs in the region. Freelance Flexibility And Cross-border Payments.

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Payments Study Examples Report 270

FICO

FEBRUARY 9, 2022

The payments market in Brazil is undergoing radical change as the country moves from a traditionally cash-based society to new flexible payment products and services. To counter this threat, Elo needed a best-in-class transaction fraud solution for their expanding network of issuing banks, both large and small.

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Fraud Cards Analytics System 52

FICO

JUNE 17, 2021

This led me recently to a ‘once in a blue moon’ purchase – England shirts for myself and the family – and I was frankly shocked to see the number of payment mechanisms and BNPL (Buy Now Pay Later) schemes offered. This led me to the following question – is the profusion of payment mechanisms a good thing for a customer? Trusted cards.

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Fraud Payments Retail Cards 52

FICO

NOVEMBER 17, 2021

Well, as it happens, FICO is a leader in cobot technologies — we are at the forefront of using human-machine collaboration to fight fraud. If you’ve ever received a fraud alert on your smart phone, you’re likely to be interacting with a cobot. CCS for Fraud is widely used because this cobot is highly effective.

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Fraud Analytics Management Leadership 59

PYMNTS

JANUARY 27, 2020

Fraudsters are adding new twists to what has become an increasingly common scam targeting businesses’ B2B payments activity. Below, PYMNTS explores the numbers behind the latest cases of B2B payments fraud — from attacks targeting government entities to banks’ struggle in managing the fraud threat from real-time payments.

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Fraud Analysis Cards Texas 178

PYMNTS

APRIL 1, 2020

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. Network providers are very aware of those procedures, though, and have been actively seeking to claim larger shares of both the payment routing market and resultant revenues through associated fees. shoppers made 72.7 The Durbin Amendment.

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Cards Payments Security Fraud 141

PYMNTS

MARCH 11, 2016

In talking about global payment technology, emerging markets are an area of keen interest. As Schrimpff notes, PayU — which also has a presence in India, Eastern Europe, and some parts of Africa — was “the first to see the need [for electronic payments] in Latin America,” where the offering had not previously existed.

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America Payments Fraud Case Study 100

FICO

OCTOBER 30, 2017

Identity theft is growing at an exponential rate, leading to a rise in application fraud. Identity theft, also known as third-party fraud losses, is just the tip of the iceberg. First-party fraud losses - including true name and synthetic identity fraud - can peak to 10 times the size of third party fraud.

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Fraud Regional US Cards 72

PYMNTS

MAY 8, 2020

She said companies such as Authorize.net , the small business offering of CyberSource, have set up resource pages that can help small- and medium-sized businesses (SMBs) get online and streamline operations through, for example, digital invoicing. Existential Points Of Pivot. The restaurant and grocery sectors have also been transformed.

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Cards Fraud Online Operations 260

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. of North American e-commerce payments by 2024, up from 1.6% A BNPL Primer.

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Fraud Cards Millennials Utah 52

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

NOVEMBER 15, 2019

Welcome to the PYMTS Weekender, where we recap the week’s biggest development in payments and commerce. This edition includes news about Facebook’s new payments push, Amazon’s new robotics plan and why Google is working more closely with financial institutions. Facebook Launches ‘Facebook Pay’ For Cross-App Payments.

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Google Payments Apple cryptocurrency 139

PYMNTS

JULY 30, 2020

The company’s collection of AI bots for the AP process now include bots for cost allocation, fraud detection, invoice reading and inbox managing. ” Zycus aims to reduce existing AP operations expenses for very large companies that receive many yearly invoices by half, according to an announcement. .”

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Software Community Bank Management Regional 151

PYMNTS

OCTOBER 7, 2020

All eCommerce sites and payment providers have one thing in common no matter their size: the constant and pervasive threat of money launderers using their businesses to process ill-gotten gains, conceal the funds’ sources and convert them into clean, taxable income that government authorities cannot track.

Payments 171

Payments Analytics Online Retail 171

PYMNTS

NOVEMBER 8, 2020

Authorities in the Philippines are probing a law office and tour operator for potential connections to Wirecard , the payments provider disgraced after a global scandal, and Jan Marsalek , its former chief operating officer who has been on the run for the past several months, according to the Financial Times (FT).

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