Abrigo

JUNE 23, 2020

As most operations have shifted to a digital-first world due to the coronavirus pandemic, institutions have had to adjust and adapt new technologies to stay competitive and thrive during these times. 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.

Software 195

Software Community Fraud Resources 195

PYMNTS

MAY 10, 2019

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless. New NACHA Rule.

Payments 178

Payments Fraud Security Customer Experience 178

Insights on Business

AUGUST 6, 2019

Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities. Cost savings are possible as operations become more efficient.

Payments 96

Payments Risk Management Innovation Analytics 96

FICO

DECEMBER 5, 2018

Digital banking channels are increasingly popular, and behavioral profiling of customers is vital in preventing new types of fraud. The open banking revolution makes understanding each customer’s behavior even more important in preventing fraud by considering all the aspects of transactions. Understanding Recurring Behavior.

Analytics 45

Analytics Fraud System Data 45

PYMNTS

AUGUST 18, 2017

Between account takeovers, business logic abuse, loyalty and reward points fraud and other cybersecurity attack methods, companies are not only suffering financial damages but brand image damages too. Here are a few of the top things every eTailer should know about fraud in 2017. Card Not Present Fraud Is A Big Threat.

Security 131

Security Fraud Analytics Tools 131

Insights on Business

AUGUST 6, 2019

Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities. Cost savings are possible as operations become more efficient.

Payments 70

Payments Risk Management Innovation Analytics 70

CFPB Monitor

APRIL 7, 2020

All of the speakers stressed the need for companies to identify potential sources of risk in their operations and attempt to address those risks in advance. Roddy discussed the emergency debt collection regulation issued by the Massachusetts AG and the possibility of state UDAP claims based on collection activities during the crisis.

Massachusetts 78

Massachusetts Compliance Regulation Operations 78

PYMNTS

SEPTEMBER 19, 2017

In 2016, corporate banking made up 38 percent of overall operating income across 20 of the world’s largest banks,” explained Patricia Hines, senior analyst at Celent, in a statement. Regardless of FinTechs and the solutions banks choose to deploy, Finastra and Celent emphasized the importance of integration.

Innovation 108

Innovation Survey blockchain Lending 108

FICO

AUGUST 15, 2018

When today’s businesses create a list of must-haves in the race to alter and ultimately transform how they operate, machine learning is one of those checkbox necessities. This combination can literally reshape how businesses operate. What’s machine learning, and why is it needed?

Analytics 53

Analytics Analysis Data Operations 53

PYMNTS

OCTOBER 17, 2018

If history is even a rough guide to the future, you can bet that some of the case studies, technology and techniques gained from what promises to be a major operational effort will make their way into the payments and commerce mainstream — which, of course, has its own daily issues with data breaches, hackers, fraud and authentication.

Payments 100

Payments Maine Case Study System 100

NCR

JULY 12, 2017

When it comes to fraud detection and prevention, for example, big data analytics tools can offer banks much better, real-time insight into potentially fraudulent transactions. A few key use cases for big data have been around for some time. But let’s not underestimate the potential that technology brings forth.

Data 80

Data Analytics Big Data Community Bank 80

PYMNTS

MAY 27, 2016

The platform enables customizable, real-time scoring and evaluates thousands of transactions per hour in order to produce scores and decisions on fraud, credit, operations, and marketing in an instant and at scale via Web-based APIs. contact-form-7].

Big Data 110

Big Data Data Analytics Resources 110

Insights on Business

FEBRUARY 11, 2019

We project that by providing FCI clients access to a plethora of modern tools, we will help them scale their financial crime prevention operations and reduce IT-associated costs and hassles by extending existing cloud capabilities.

Compliance 87

Compliance Security Big Data Analytics 87

PYMNTS

MARCH 10, 2017

In a world where convergence is coming faster than any white paper can articulate, O’Connell said it’s more important than ever for payments players to ensure their payments networks are responsible, safe, secure and fair. When you have that consortium data, fraud becomes much easier to manage and stay ahead of,” O’Connell noted.

Payments 168

Payments Innovation Security Community 168

CFPB Monitor

FEBRUARY 8, 2021

He indicated that Mr. Uejio’s prior experience at the CFPB has allowed him to become well-versed not only in operational issues such as personnel and budget but also as to policy issues. Cordray shared his thoughts on how each of them is likely to approach his new role at the CFPB.

Leadership 78

Leadership Lending Groups Policies 78

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

FICO

JUNE 22, 2017

JP Morgan’s fine highlights the broader problem that many global banks had been facing, which was ignoring the warning signings of fraud and money laundering. This tool demonstrates AI’s transformative benefits in anti-money laundering (AML) and fraud detection. This post originally appeared on the SIIA blog.

Tools 55

Tools Compliance Innovation social media 55

Tomorrow's Transactions

FEBRUARY 24, 2020

These include falling consumer retention figures, as app transaction abandonment rates increase; the cost of developing and maintaining mobile apps; ensuring adequate security for accurate billing and fraud prevention; and meeting regulations such as PSD2.

Mobile 30

Mobile Payments Security Samsung 30

FICO

MAY 19, 2021

For many people, the word “fraud” evokes images of shadowy criminals using stolen identities and purloined credit card information to commit financial crimes. Perhaps surprisingly, consumers sometimes use their own personal information to commit fraud. Both of these crimes are first-party fraud.

Fraud 52

Fraud Groups Analytics Compliance 52

FICO

JANUARY 8, 2021

Mobile Operators and Coronavirus: Ideas To Help Slow The Spread. Mel Prescott noted several ways that mobile operators could use their network data to potentially help fight the virus. For more information on this topic, read our white paper on Agile Decisioning in an Unprecedented Downturn. #5.

Analytics 52

Analytics Analysis Lending Management 52

FICO

AUGUST 30, 2018

This is a guest blog from Jonathan Williams , an expert in payments, identity and fraud prevention, working for advisory firm Mk2 Consulting. In July, the European Banking Authority (EBA) published their guidelines for reporting fraud under Payment Services Directive 2 (PSD2).

Fraud 40

Fraud Report Guidelines Conference 40

FICO

JANUARY 3, 2019

In my previous post , I described how fraud analytics for open banking work. Following an introduction to behavioral analytics , this post focuses on how the data refined through behavioral profiles are combined in an unsupervised machine learning model to produce a score indicative of fraud or non-fraud. Learn More.

Analytics 40

Analytics Fraud Groups Examples 40

PYMNTS

OCTOBER 31, 2018

Late this month, a study from Nexus found that across 200 businesses surveyed, more than half of large and mid-sized companies queried are looking to adopt blockchain in an effort to mitigate operational risks in the wake of Brexit. As reported in July via white paper, the U.K.

blockchain 201

blockchain Fraud Data Study 201

PYMNTS

AUGUST 4, 2020

The operator then purportedly moved to a laundering and reimbursement scam that led to the U.S. The white paper of Banana.Fund discussed a business development firm that helped burgeoning upstarts across the beginning phases and provided those who put up the early investments with transparency.

Bitcoin 153

Bitcoin District of Columbia Tampa cryptocurrency 153

William Mills

MAY 11, 2016

Download our latest white paper that discusses what it really takes to develop a successful Fintech startup. This is a very sophisticated fraud detection technology! ^SR. Silver 6 operates as Software as a Service (SaaS), so that means no IT and no infrastructure required. ^SR. Showing really good dashboard on threats.

Video 40

Video Lending social media Analytics 40

William Mills

MAY 11, 2016

Diana Chin (HR & Operations). Started talking about the challenge of having to change credit cards all the time (due to fraud). We are the global leaders in identity solutions while protecting FI’s and providers from compliance and fraud.” This is a very sophisticated fraud detection technology! ^SR. Virtual reality?

Video 40

Video Mobile social media Analytics 40

FICO

DECEMBER 11, 2017

This same process can be used across a very diverse set of business engagements, including new customer on-boarding or loyalty programs, detecting and mitigating fraud throughout your business, inventory or supply chain management, pricing and packaging, and frankly across virtually every business process application.

Analytics 53

Analytics Fraud Data Management 53

William Mills

SEPTEMBER 9, 2016

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. Addresses compliance, fraud experience and customer experience analytics. users fall victim to fraud.” Juvo makes it easy for mobile operators to find them. Download: 10 Reasons Why Fintech Startups Fail White Paper.

social media 40

social media ATM Mobile Customer Experience 40

William Mills

SEPTEMBER 7, 2016

03:04 pm Experian Fraud & Identity – https://www.experian.com/decision-analytics/identity-and-fraud/fraud-and-identity.html – @Experian – Adam Fingersh – GM and SVP, Fraud and Identity Solutions & John Sarreal. operation of Russian-based company. Reminds me of Amex real time alerts.

Mobile 40

Mobile Cards Fraud Data 40

Gonzobanker

DECEMBER 14, 2023

Note for you damn haters: yes, it’s down from a frothy high of $66,0000, but look at the normalized return over the past 15 years since Satoshi Nakamoto’s white paper.) The Holy Crap Operational Risk Award – goes to the growing threat of ransomware with bank technology vendors. The poor payroll and benefits coordinator!

Fintech 195

Fintech Community Regional Technology 195

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. FIS Global — FIS Innovation Lab.

Innovation 78

Innovation blockchain Technology Groups 78