PYMNTS

DECEMBER 18, 2020

Social distancing guidelines, stay-at-home orders and mandated dining room closures around the U.S. This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future.

Fraud 229

Fraud Trends Security social media 229

PYMNTS

AUGUST 19, 2019

Aided by technology – and emboldened by the rise of cryptocurrencies – fraudsters are stepping up ransomware campaigns. We are seeing gangs involved in drug trafficking and firearms offenses turning to fraud, targeting victims across the U.K. Fraud that was in turn prevented by the unit amounted to as much as $8.2

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PYMNTS

JANUARY 21, 2020

Advances in fraud decisioning have cybercrooks scrambling into the new arcana of synthetic identities and fiendish mass bot attacks, looking for any possible opening to exploit. Some industries are more prone than others, as we discovered in the latest Fraud Decisioning Playbook , a PYMNTS and Simility collaboration.

Fraud 131

Fraud social media ATM Industry 131

Bank Innovation

APRIL 20, 2016

Humans are by nature vulnerable to social engineering and may discuss where they work on social media — LinkedIn is a treasure trove for would-be bank hackers. The most vulnerable point in a bank’s network today might just be Bill over in marketing — or any employee. A common attack against a Read More.

Fraud 150

Fraud social media Marketing Operations 150

PYMNTS

OCTOBER 29, 2018

There may come a day, a generation or two from now, when stories about the data breaches and other hacking threats faced by payments and commerce operators in 2018 seem quaint — or, at the least, like relatively primitive foreshadowing of a new type of digital criminality. Memory Technology. mainstreaming of chip implants.

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PYMNTS

JULY 14, 2019

Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported.

blockchain 140

blockchain Bitcoin Fraud social media 140

PYMNTS

JUNE 17, 2020

Both of these channels are thus perfect targets for fraud, with cybercriminals posing as restaurants on social media and attempting to scam customers of their personal data, and fake reviews driving customers away from restaurants.”. Securing Social for the MOA Future. A Fraudster’s Feast.

Tools 141

Tools social media Fraud Mobile 141

PYMNTS

JUNE 21, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level. Trackers and Reports.

Fraud 101

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PYMNTS

JULY 10, 2020

Quick-service restaurants (QSRs) and others in the food service space are rapidly adjusting their operations during the pandemic, with many implementing new technologies online and in-store to ensure customers can seamlessly and safely place orders. Taco Bell’s Approach To Fostering Customer Loyalty And Fighting Fraud.

Mobile 162

Mobile social media Report Fraud 162

PYMNTS

MAY 25, 2020

Banks are largely considered essential businesses and allowed to continue their operations, but it has hardly been business as usual for financial institutions. Digital fraud and other forms of financial crime are also on the rise due to the uncertainty and confusion surrounding the crisis. COVID-19-Related Fraud.

Fraud 167

Fraud social media Security Guidelines 167

PYMNTS

AUGUST 23, 2019

In the August edition of the Payments And The Platform Economy Playbook , PYMNTS examines how marketplaces are using technologies such as artificial intelligence (AI) and mobile payments to innovate the customer experience. Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses.

Millennials 165

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PYMNTS

SEPTEMBER 11, 2019

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. Fraud Trends. Fraud Crackdown. The operation also resulted in the seizure of nearly $3.7

Fraud 163

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PYMNTS

AUGUST 30, 2019

Today in the payments news roundup, travel technology firm Amadeus is teaming with Visa’s CyberSource to bolster anti-fraud measures for the industry. Some of the restaurants have joined a movement with a popular social media hashtag of #logout. Also, Netflix turned 22 on Thursday (Aug. Square Inc.

social media 101

social media Payments Fraud Taxes 101

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

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

Security 130

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PYMNTS

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . Keeping An Eye On Fraud.

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PYMNTS

APRIL 27, 2020

billion by 2024, and a separate study suggested that many customers were willing to use FinTechs as well as their primary banks to receive the level of technological support they desired. This type of strategy also allows FIs to implement digital technologies at more measured paces.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

SEPTEMBER 11, 2019

Treasury official Sigal Mandelker, who serves as undersecretary of the Treasury for Terrorism and Financial Intelligence, said cryptocurrencies that operate anywhere in the United States will have to comply with regulations that target fraud. FINMA’S Take. The road to Libra’s ostensible 2020 debut is fraught.

social media 116

social media cryptocurrency Regulation United States 116

PYMNTS

NOVEMBER 11, 2019

Data holds the key to helping modern enterprises develop effective anti-fraud strategies. Many businesses are sitting on massive troves of it, but they are also facing down the three “V’s” of data complexity — velocity, variety and volume — which can make tackling fraud even harder. . Structured Versus Unstructured Data.

Analytics 116

Analytics Data Fraud Tools 116

PYMNTS

AUGUST 21, 2019

What can make all that so much worse is fraud. Unfortunately, where there is tragedy, there is fraud.”. The increasing use of digital and mobile technology in disaster-relief efforts, especially for disbursements to victims for such needs as housing, food and medical care. Even social media is getting in on the act.

Fraud 188

Fraud social media Mobile Online 188

PYMNTS

MARCH 22, 2019

Yet many firms struggle to gain access to the capital that helps them launch or sustain operations. In an interview with PYMNTS, CEO Johannes Brouwer said that for smaller firms seeking access to financing as they look to grow operations, the process has typically been time-consuming and expensive.

blockchain 162

blockchain social media Lending Security 162

PYMNTS

OCTOBER 18, 2019

In the United States, according to some sources such as Javelin , more than one million children were victimized by identity theft — and the fraud costs their families more than $540 million. When we talk about fraud, whatever kind it is,” he told Webster, “we often talk about susceptibility.” Well, it can take years to discover.

Fraud 106

Fraud Security social media Tools 106

Insights on Business

APRIL 28, 2017

It leverages a combination of structured and unstructured data, both proprietary and public, including social media channels. Wealth advisors and relationship managers are using cognitive technologies to achieve new levels of expertise and responsiveness. The more the system learns, the more efficient it becomes.

social media 155

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PYMNTS

APRIL 24, 2019

Attention-starved celebrities and people showing off on social media used selfies, not serious, reputable companies competing for market share in the digital economy. Jumio’s authentication technology asks for those identity details and requests that the shopper submit a selfie. Biometric Shift.

social media 156

social media Security Data Online 156

PYMNTS

JUNE 6, 2019

Dutch billionaire John de Mol, who created the reality TV program “Big Brother,” is suing Facebook for allowing fake ads which used his name and image to commit bitcoin-related fraud that swindled 1.7 De Mol’s lawyers accuse the social media giant of failing to prevent the ads, as well as not responding fast enough to complaints.

Bitcoin 135

Bitcoin ATM blockchain social media 135

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?

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PYMNTS

FEBRUARY 21, 2020

With the webs of B2B partners , including social media influencers, corporate affiliates, ambassadors, sponsors and beyond ever growing, the volumes of invoices and payments flowing through accounts payable (AP) surge. Further, lump sum payments can be support streamlined operations. Slashing The AP Ambiguity.

Payments 163

Payments social media Management Examples 163

PYMNTS

SEPTEMBER 30, 2019

trillion by 2020, which has prompted some online marketplaces to work on resolving fraud repercussions. Both are generations that have grown up with technology and feel comfortable using it to purchase products at all price ranges,” he said. Social Media.

Online 101

Online Fraud Branding social media 101

PYMNTS

DECEMBER 19, 2018

Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.

Data 127

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Abrigo

MAY 5, 2022

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Fraud Prevention. If you have an interesting podcast to share, please send it to marketing@abrigo.com. Financial Businesses.

Community 195

Community Lending Maine Resources 195

PYMNTS

JULY 10, 2019

Despite the pervasiveness of digital identity in everyday life, concerns surrounding digital ID security continue to make headlines, with billions of dollars lost to fraud. South Korea’s Financial Services Commission (FSC) has approved blockchain operator ICONLOOP’s my-ID system to protect data collected for digital identities.

Apple 158

Apple social media Knowledge Base Mobile 158

PYMNTS

MAY 2, 2017

Facebook (FB) shares have hit record highs amid investor optimism on the social media giant’s upcoming Q1 earnings report. In Facebook’s last earnings call, Mark Zuckerberg noted consumers are likely a decade away from the full potential of VR technology. At the time of writing, FB was trading at $151.88, up 1.08

social media 108

social media Google Fraud Video 108

PYMNTS

SEPTEMBER 28, 2020

The FinTech ecosystem within Saudi Arabia has been expanding steadily over the past decade, for example, with more than 60 FinTechs now operating, compared to the 20 companies operating within the country in 2019.

Online 151

Online Report Payments Regulation 151

PYMNTS

APRIL 8, 2019

Sharing is, in fact, enormously complex, prone to fraud and frustration, at least when it comes to digital payments and commerce. The rise of the global sharing economy — tied to online marketplace operations — is sparking challenges related to trust, security and confidence for buyers and sellers alike. Supply Of Data.

Payments 195

Payments Data Fraud social media 195

PYMNTS

FEBRUARY 20, 2019

million from social media account hacks between April and September 2018, shedding light on another rising cyberthreat for SMBs. The toolkit provides operational tools, which allow small businesses to take stock of their digital assets that are prone to cyberattacks. ”

Resources 140

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PYMNTS

AUGUST 14, 2017

It costs merchants nothing to join or remain on Sky.Garden; all they provide is their shop name, MPesa phone number and a few personal and business details (such as operating hours). Sky.Garden isn’t looking to replace those methods, said Isaac Hunja, the company’s marketing director. The Place Of eCommerce in Africa. The Sky.Garden Story.

Online 131

Online social media Mobile Software 131

Insights on Business

SEPTEMBER 12, 2018

If there is fraud on your account, your financial institution will make you whole, as long as you were not negligent and make them aware of the incident in a reasonable time frame. It’s easy to think that, since so many countries have already taken the faster payment plunge , the upcoming US initiative would be a smoother operation.

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