PYMNTS

NOVEMBER 13, 2020

Fraud is another consideration. The growing reliance on global digital payments calls for strong mechanisms that are immune to security threats and can handle large volumes of transactions safely without compromising delivery times,” Nilesh Pathak, Chief Technology Officer at Nium told PYMNTS. Tapping Into ‘Sizeable Demand’ Via BaaS.

Payments 259

Payments User Experience Meeting System 259

PYMNTS

OCTOBER 29, 2020

Offering a secure payment experience requires rigorous authentication or time-consuming behind-the-scenes security checks, which can often conflict with customers’ collective desire for an Uber-like frictionless experience. Automating fraud detection, meanwhile, can help provide a seamless yet secure B2B payments experience.

Payments 213

Payments Fraud Meeting Security 213

PYMNTS

MAY 22, 2017

That depends, says counterterrorism and cybersecurity expert Richard Clarke, on what companies, banks and regulators are willing to learn from the incident. He noted the standards recommended by FIDO Alliance (Fast IDentity Online), a consortium of several major financial institutions and technology companies.

Regulation 116

Regulation National Online System 116

PYMNTS

FEBRUARY 27, 2020

Such data sharing and partnerships enable service providers to augment their products for better user experiences, and increasingly, small businesses aren’t keeping quiet about their demands for richer banking services. Enfuce Tackles Fraud In Open Banking. Fifth Third Bank Taps FinTech For SMB Lending.

Fintech 192

Fintech Fraud Data Lending 192

PYMNTS

SEPTEMBER 24, 2019

That sentiment was underscored earlier this month when South Korea said it would delist a number of altcoins from an exchange over privacy concerns – namely, the anonymous nature of the transactions are at odds with the goals of the Financial Action Task Force (FATF), which include combating money laundering and fraud.

Innovation 182

Innovation Fraud Technology Security 182

PYMNTS

DECEMBER 10, 2020

KYC regulations require companies to prevent money laundering and protect themselves from being linked to criminal enterprises by accurately verifying their customers? Video-based KYC is an effective digital technology used increasingly to confirm customers? Video verification is one way to ensure smooth experiences and build trust.

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. “We worked with them to design this new solution, pulling in advanced entity resolution and workflow capabilities into a more modern and intuitive user experience. .

Compliance 115

Compliance Risk Management Analysis User Experience 115

Insights on Business

MARCH 26, 2018

At IBM Think, the premier business and technology conference, the main theme is “mankind + machine,” and during the Wednesday morning session with Ian Hurst and Sarah Diamond, IBM General Managers of Banking and Financial Markets, and Naresh Vyas, Royal Bank of Scotland Head of Solutions, that theme was on full display. Lastly, Ms.

User Experience 135

User Experience Compliance Maine Regulation 135

PYMNTS

MARCH 3, 2017

Overview: Join Hannah Preston, Solution Strategist, Payment Security Division, CA Technologies and Karen Webster, CEO, Market Platform Dynamics, on Thursday, March 30th, at 1:00 PM (EST), to learn how authentication is evolving; how it could transform your security and user experience; and how you can tackle the choices and consequences.

Security 100

Security CA Customer Experience User Experience 100

PYMNTS

JANUARY 30, 2018

No one truly knows exactly where and how blockchain technology will make the greatest impact. Software testing in general extends to every realm where code is used, because any issues with code pertaining to any facet of technology could mean one of two things: either a bad user experience or a product that is not secure,” he stated.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

MARCH 14, 2017

As banks and payments companies endeavor to meet anti-money laundering (AML) regulations to avoid hefty fines for non-compliance, easily identifying customers in the digital channel becomes paramount to their success. Some “old school” methods that worked in the past aren’t working anymore. Which is why, Clark said, it’s time for a change.

Meeting 111

Meeting Fraud Knowledge Base User Experience 111

PYMNTS

JUNE 27, 2017

As mobile devices continue to be a pervasive force in the technology arena, so does the need for forward thinkers in the field. Those that are constantly developing new ways to integrate connected experiences into people’s lives will probably be at the forefront of the tech industry. PYMNTS: What do you wish you had more time to do?

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

MAY 7, 2020

You deposit with your card and then the money goes back to the card you used, so [the method] will have a double effect of reducing potential fraud and [improving] user experience.”. is not as simple as just building out the technology stack, however. Enabling faster disbursement options in the U.S. Complying with U.S.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

NOVEMBER 19, 2019

No matter what, one of the biggest challenges in crafting a successful program is dealing with compliance and regulations, Geeslin said. For instance, with the recent launch of the Apple Card , Apple has sent a signal that they seek to offer a better user experience than banks. Near-Term Challenges.

Cards 140

Cards Apple Data Innovation 140

PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Linden unpacked the findings of a recent whitepaper by Paysafe, “ Lost In Transaction: Volume II ,” which showed what consumers really want from their eCommerce experience. What do consumers want?

UX 116

UX Security User Experience Millennials 116

PYMNTS

MARCH 8, 2019

Because of these new regulations, however, businesses of all types are seeing their relationships with their customers change. The company was one of the first to partake in the open banking ecosystem and, according to Baclin, maintaining top-notch security was high priority as it worked toward a more seamless user experience.

Lending 135

Lending Data Security Regulation 135

PYMNTS

MAY 30, 2018

Ant Financial’s Executive Chairman and CEO, Eric Jing, has previously indicated the Chinese tech giant’s intention to open up its technologies to outside partners, and we are now seeing the fruit of his vision. That level of scale and efficiency is something of which many financial organizations can only dream.

Risk Management 100

Risk Management Fintech User Experience Management 100

PYMNTS

OCTOBER 2, 2018

Technology that enables consumers to control their data as they shop, pay and perform other tasks online. Users of the technology could use apps that are based on the Solid technology, which are reportedly a work in progress. billion users, and at least 44 percent of U.S. ” As for Gmail, it has more than 1.4

Data 189

Data Online Google social media 189

PYMNTS

DECEMBER 26, 2016

and also meet the growing ID verification requirements under ant-money laundering (AML) regulations. In response, financial services providers have ramped up their efforts to satisfy the increasing demand for more convenience and speed of mobile-first users in a way that seamlessly mitigates risk and creates trust.

Mobile 109

Mobile Payments eBook User Experience 109

PYMNTS

OCTOBER 7, 2019

The questions are about how is this going to work, what are regulators going to do, how are consumers going to react to the emerging field of choices. Instant payment fraud is absolutely a real thing. Bitcoin, Libra, instant payments, Open Banking — these were the big subjects on repeat last week, Dobbie told Webster.

Payments 167

Payments Innovation System Security 167

PYMNTS

APRIL 30, 2018

Now, it’s true that some companies — including some very big names across many important sectors of the economy — are taking measured steps and experimenting with blockchain tech — aka distributed ledger technology (DLT) — in the support of use cases that address tough problems. And to learn. Digital Banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Fintech Labs Insights

MAY 24, 2017

Highlighting the fact that regulation is a key barrier to growth for banks, a post at the Trulioo blog earlier this month underscored how important it was for FIs to leverage technology to meet these challenges. ” The possibility of smaller, more effective compliance teams is another advantage that cannot be overlooked.

Compliance 21

Compliance UX User Experience Fraud 21

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? In the U.S.

Compliance 81

Compliance Technology Fraud Analytics 81

FICO

SEPTEMBER 29, 2022

By moving beyond the current one-size-fits-all approach, telecom operators can customise the user experience by identifying user personas and applying an analytical overlay to their customer data assets, to continually deliver critical insight and targeted customized experiences. But it’s all about trust.

Analytics 52

Analytics Data Risk Management Customer Experience 52

PYMNTS

JUNE 10, 2016

According to Brad Powers, Passport’s CTO, none of it would be possible without mobile payment technology. In fact, he said, without the rise of mobile payment technology, most parking apps would have never gotten off the ground. Sometimes, it can come from a customer’s simple desire for a more convenient and comfortable experience. “In

Mobile 100

Mobile Payments Training Wisconsin 100

Javelin Strategy & Research

MAY 7, 2015

Efforts to capitalize on only-in-a-smartphone technology like the camera, in this case to advance photo finance that can improve how consumers deposit checks, pay bills, authenticate digital applicants, and smooth application processes ( Kofax , Mitek , Malauzai Software , and Top Image Systems ). .

Trends 40

Trends San Jose User Experience System 40

Fintech Labs Insights

JANUARY 25, 2016

At FinDEVr San Francisco 2015, Nexmo showed how its APIs and SDKs help companies such as Expedia, Zipcar, and Viber increase security, decrease fraud and protect user identity without compromising the user experience. What is unique about the communications and fraud problems in the financial services sector?

San Francisco 12

San Francisco Bitcoin Fraud User Experience 12

PYMNTS

JANUARY 20, 2020

It has motivated a different approach for fighting fraud in the 2020s and beyond. Not only are Fabara and his team using the latest tools, technology and tactics to defend against intrusions, but they are also building and using sophisticated tech to find fraudsters well before they are ready to be found.

Security 168

Security Fraud Risk Management Payments 168

PYMNTS

AUGUST 1, 2019

Payment technology is an area of interest that stands out for all FIs. Fraud and security innovation has seen a slight decline, from 50.0 User experience (UX) will also experience significant increases in interest over the next three years compared to the past three. percent) and payment technology (78.1

Innovation 142

Innovation UX Analytics Study 142

PYMNTS

MAY 19, 2016

The update now puts the solution’s adopters in a stronger position to meet American and international regulations for interdicting known or suspected money launderers, terrorists, criminals, politically exposed and other persons considered high risk, the company announced in a statement. Canada, U.K.,

Compliance 100

Compliance User Experience New York Regulation 100

PYMNTS

JULY 1, 2019

One strategy in that effort is to get a jump on system governance with the assistance of regulators. . “We We have to understand what [regulators] really want – consumer protection, avoiding fraud, avoiding terrorism financing, avoiding money launderers,” said Lambert. Delivering a Smoother eCommerce Experience.

blockchain 100

blockchain cryptocurrency Retail Regulation 100

CB Insights

MARCH 21, 2018

While technology has permanently changed entire industries wholesale over the past decade, the multi-trillion-dollar global insurance industry in many ways, is still stuck in the past. Enter blockchain technology, a cryptographically secured form of shared record-keeping. Fraud Detection and Risk Prevention.

blockchain 78

blockchain Fraud Policies Industry 78

NCR

AUGUST 25, 2017

There are also differences in rules, policies and functionality that can make it difficult for transactions involving different solutions to deliver a coherent user experience. Furthermore, evaluation of laws and regulations covering the payments industry could be required to ensure legislation is suited to real-time payments.

US 88

US Payments System Security 88

Fintech Labs Insights

JULY 22, 2015

Apex Clearing will explain its cutting-edge financial services platform and how online brokerage firms and FinTech groups can grow their businesses by leveraging our technology. This patented solution also effectively reduces the deployment and maintenance overheads typically associated with 2FA technology solutions offered in the market.

San Francisco 12

San Francisco Video Fintech Data 12

Insights on Business

JANUARY 28, 2019

capture new revenue and increase user engagement. develop new insights from a convergence of data sources and predictive technology. fight fraud more efficiently and accurately. capture new revenue and increase user engagement. develop new insights from a convergence of data sources and predictive technology.

San Francisco 87

San Francisco Analytics Albuquerque Security 87

Gonzobanker

DECEMBER 19, 2016

Instead we need to pay serious attention to how technology is changing strategy in our industry and develop gritty tactics to address this shift. So it’s time to light a fire, grab a big tumbler of Scotch and rest up for a busy 2017 as you experience one of the holiday’s greatest traditions: the annual GonzoBanker Awards.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Instead we need to pay serious attention to how technology is changing strategy in our industry and develop gritty tactics to address this shift. So it’s time to light a fire, grab a big tumbler of Scotch and rest up for a busy 2017 as you experience one of the holiday’s greatest traditions: the annual GonzoBanker Awards.

Utah 60

Utah System Community Marketing 60