PYMNTS

MARCH 5, 2019

Expectations can differ from region to region regarding timing of payments, taxes, currencies, regulatory differences – and we look at all of those variables.”. She stated, too, that a fraud detection team is tasked with watching for and preventing account takeovers.

Regional 148

Regional Mobile Security Fraud 148

Gonzobanker

AUGUST 17, 2022

Plaid acquired ID verification and KYC/AML compliance platform Cognito Mitratech Holdings acquired compliance risk and vendor management solution Continuity Mitek acquired KYC onboarding and analysis solution HooYu Equifax acquired post-transaction fraud solution Midigator.

Fintech 182

Fintech Lending Software Compliance 182

PYMNTS

JANUARY 6, 2017

It never takes long for cybercriminals to find new avenues to perpetrate fraud. Fraud On The Line. The call center employees would then demand immediate payment from scam victims to cover bogus taxes that were never paid and owed. In the past, India wasn’t known for large-scale fraud, but that is changing.

Video 133

Video Fraud Security social media 133

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.”. Local officials are hoping to use blockchain to improve public services and boost transparency.

blockchain 130

blockchain Los Angeles Regulation Oregon 130

PYMNTS

OCTOBER 7, 2020

Money launderers deploy numerous schemes — including transaction laundering and launching front companies — to process and hide their funds from payment providers and law enforcement officials, but payments processors are responding with new technologies that hunt down and report their deeds. How Payment Providers Stop Money Laundering.

Payments 171

Payments Analytics Online Retail 171

PYMNTS

DECEMBER 11, 2019

SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. Cash flow remains the No.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

OCTOBER 10, 2017

“Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Regional Trends. What’s Holding Them Back.

Payments 124

Payments Regional America Trends 124

PYMNTS

MARCH 29, 2018

Migrating would save financial institutions from building their own connections and would create access to new technologies and computing developments, Parker said — which is important since many of them are running on platforms that are 50 years old. Emailage stopped almost twice as much potential fraud in 2017 as in the previous year.

cryptocurrency 109

cryptocurrency Regional Bitcoin Cards 109

PYMNTS

MARCH 22, 2018

At Mastercard, he created and structured a business where he served as president of Mastercard’s Europe, Middle East, Africa and Canada regions until his appointment as president and CEO. According to Equifax , Selander served as president and CEO of Mastercard from 1997 until 2010.

Puerto Rico 101

Puerto Rico United States Leadership Data 101

PYMNTS

DECEMBER 8, 2016

Not so for other parts of the world: Government mandates are looking to reduce corruption and fraud and enhance reporting capabilities through eInvoicing requirements. In Europe, analysts at the Organization for Economic Cooperation and Development found that eInvoice mandates are helping Europe to promote tax compliance and detect fraud.

Compliance 100

Compliance Regulation Taxes Fraud 100

PYMNTS

MAY 23, 2017

Raimundo Diaz, head of Americas at TMF Group, and Jason Gerlis, regional director of North America at TMF Group, both chatted with PYMNTS about the findings in the report. Technology continues to break down barriers between cultures, and businesses are continuing to look abroad to access new markets and expand their customer base.”.

US 100

US Compliance Taxes Trends 100

FICO

FEBRUARY 27, 2019

Recent Asian money laundering scandals continue to shake up the financial world, and the ripple effect is still keenly felt across the region. To add to the concern, new types of transactions outside of banking are emerging as money laundering risks in the region. Tax Evasion: Have We Learned the Panama Papers Lesson?

Compliance 45

Compliance Regional Survey Analytics 45

PYMNTS

MAY 27, 2016

Konfio links microbusinesses in the region to financing. A $40 million funding round will boost SigFig , a startup that develops financial advisory technology for investors and banks. “We will have more partnerships with banks to help with services like fraud and online payment protection.” Enterprise Security.

Capital 100

Capital Management Taxes Security 100

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Brandon Dewitt, MX co-founder and chief technology officer. Has to be M-O-E. Bank Merger of the Year. So which merger was the best in 2021? That’s almost impossible to select.

Fintech 142

Fintech Strategy Leadership Lending 142

CB Insights

FEBRUARY 13, 2020

‘PayFac’ technology simplifies underwriting and onboarding. Fraud prevention tools. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. ‘PayFac’ technology simplifies underwriting and onboarding merchants. TABLE OF CONTENTS. Source: Finix.

Online 98

Online Company Retail Payments 98

PYMNTS

JANUARY 31, 2020

If they can get it under control quickly, it will even then have an impact on GDP and the hundreds of brands that are in the Wuhan region. Data for ransomware, tax evasion and money laundering, however, is likely underestimated because it is hard to track. “It depends a little on how this plays out.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100

FICO

DECEMBER 21, 2016

Just as in adjacent spaces — fraud, cybersecurity — analytics help investigators pick the most suspicious activities based on study of a wide range of factors. Today, it’s really only Tier 1 banks that use analytics in AML, KYC and tax compliance areas. We expect that to change. We will see the next Panama Papers revelations.

Compliance 40

Compliance Analytics Taxes Groups 40

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far.

Fraud 78

Fraud Las Vegas Company Video 78

FICO

JANUARY 19, 2022

From TBML to BNPL to NFTs, 2021 found fraud and financial crime professionals dealing with a plethora of new challenges and criminal schemes. Our five most popular posts of the year dealt with trade-based money laundering, non-fungible tokens, buy now pay later scams, courier scams and good old credit card fraud. Here are excerpts.

Fraud 52

Fraud Cards Report Analytics 52

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. What does FICO offer and how does it distinguish from other AFC solutions? Why is it so hard?

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

JANUARY 31, 2018

From fraud to fitness tracking, from cross-border to cryptocurrencies and from chargebacks to KYC, here’s how seven startups aim to change the game in 2018 (and how some of them already are). After cementing its presence in Europe during 2017, Emailage turns its focus to the Asia-Pacific region for 2018 expansion.

cryptocurrency 115

cryptocurrency Regional Fraud Taxes 115

CB Insights

OCTOBER 10, 2018

We define startups disrupting banking broadly to include mobile-first fintech companies that primarily focus on leveraging technology and software to digitize and streamline retail and business credit, checking, and savings accounts. Existing startups like the UK’s Revolut are also looking to expand in the region.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

JANUARY 1, 2021

This tracker brought NCR Corporation together with Avidia Bank and was notable for the stat that showed that one-third of bank customers said they would visit physical branches more often if they could compete with the ease of mobile banking, and banks are deploying or workshopping a number of technologies to make this convenience a reality.

Trends 259

Trends Video Retail Payments 259

CB Insights

OCTOBER 26, 2020

At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing. But there’s no question that the way these institutions function has shifted, pushed along especially by the financial crisis and technology trends. Table of contents.

Management 78

Management Capital Company Marketing 78

PYMNTS

AUGUST 5, 2019

Merchants’ financial institutions (FIs) or payment processors are no doubt well aware that adhering to today’s stricter anti-money laundering (AML) regulations, tax evasion laws and economic sanctions — while simultaneously combatting cyber fraud — all add to these transactions’ complexity and expense.

Payments 115

Payments Compliance Operations System 115

PYMNTS

JUNE 23, 2016

Last month, Indonesia announced plans to track down all credit card transactions in an effort to curb rampant tax evasion. “I don’t think they’re all avoiding taxes, but some did say they feel. Contactless technology, for example, is currently being integrated with ATMs. The result?

ATM 102

ATM Cards Analysis Trends 102

Fintech Labs Insights

JULY 16, 2015

Don’t miss your chance to see all of these companies, and more, demo their technology live. BehavioSec’s BehavioMobile offers fraud detection by monitoring device rhythm and interaction patterns that are unique to each end user. See you there! Euronovate’s new generation pad offers customers strong authentication.

Company 12

Company Mobile Software Big Data 12

CB Insights

OCTOBER 31, 2017

The feedback was eye-opening and generally the same: “Really great technology and vision. In our mission to deliver the best tea experience, we didn’t compromise on the Teforia Infuser technology, quality or the premium tea packaged within our Sips. Product: AOptix Technologies. But how does this become a platform?”…

Company 78

Company US San Francisco Capital 78