PYMNTS

OCTOBER 24, 2018

When it comes to deploying corporate resources in the battle against online fraud and account takeovers (ATOs), all too often, guiding principles fail to spot what’s really happening to a business in real time. What also jumped out at us was the pattern of behavior after an account takeover,” Huang told PYMNTS. The Big Disconnect.

Fraud 159

Fraud Risk Management Customer Experience Trends 159

The Paypers

JULY 19, 2023

US-based RiskOps platform for financial risk management Feedzai has introduced the Railgun fraud detection engine to tackle financial crime.

Fraud 28

Fraud Risk Management US Management 28

PYMNTS

DECEMBER 2, 2020

P97 Networks and Cybersource, Visa ’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management for fuel and convenience merchants, according to a Wednesday (Dec.

Payments 205

Payments Risk Management Fraud Mobile 205

FICO

MARCH 5, 2021

This past year, financial institutions (along with the rest of us), had their world turned upside down. Also managing radically different customer behavior and suddenly having a workforce that was predominately working from home. Many institutions had to balance taking the express route to becoming truly digital businesses.

Fraud 52

Fraud How To Risk Management Management 52

PYMNTS

MARCH 22, 2018

Fraud detection startup Sift Science has raised $53 million in a series D round, bringing its total amount raised to $107 million. Founded in 2011, Sift Science plans to use this latest round of funding to grow its fraud detection and prevention product globally. For example, Palo Alto-based Simility received $17.5

Fraud 108

Fraud Atlanta Capital Big Data 108

Abrigo

JUNE 3, 2021

Takeaway 2 While crypto crime fell in 2020, there are many risks financial institutions must be aware of. Takeaway 3 To fight cryptocurrency-related risks and mitigate losses, be vigilant and stay on top of fraud trends. By Hannakah Rubin, Risk Management Consultant at Abrigo. Fraud Prevention. Fraud Trends.

cryptocurrency 368

cryptocurrency Fraud Trends Training 368

The Paypers

MARCH 27, 2024

US-based fraud and risk management company DataVisor has announced the launch of its end-to-end Anti-Money Laundering (AML) solution for covering the entire workflow.

Risk Management 36

Risk Management Fraud US Management 36

Perficient

AUGUST 16, 2023

While Silicon Valley Bank showed bank executives the dangers of having a long-term fixed-rate securities portfolio and a short-term deposit structure, ( 7 Possible Causes of SVB Failure and Predicting the Impact on Regulatory Reporting ) this bank failure reminds us that even a well-established firm can be brought down by fraud.

United States 221

United States Kansas FDIC Risk Management 221

Abrigo

DECEMBER 14, 2023

What specific technologies would you like to see us pursue for a better customer experience? What specific lines of business are we not offering that would make us more competitive with our peers? What is a measurable feature of our financial institution that you think sets us apart or makes us unique?

Lending 221

Lending Risk Management Meeting Survey 221

PYMNTS

MARCH 10, 2017

Noting that the number of identified fraudulent returns was not indicative of the overall levels of tax fraud occurring, Digital Shadows set out to reconcile two very different perspectives on the same problem. What’s Next In Tax Fraud. As of February, the number of mentions in 2017 so far was already over 40 percent of the 2016 total.

Taxes 144

Taxes Fraud Risk Management Data 144

FICO

JULY 1, 2022

Global Fraud Trends: What’s Happening and What’s Next? Here are the highlights from the fraud trends breakout session at FICO World 2022 with a panel of fraud professionals from Brazil, Turkey and North America. Ulisses Okamoto , Fraud Risk Management Superintendent at Itaú Unibanco (Brazil). by TJ Horan.

Fraud 52

Fraud Trends South Carolina Risk Management 52

FICO

MARCH 30, 2023

Both from a cash and a fraud perspective, my curiosity was piqued, and I fell down the rabbit hole to learn more. In the UK more than 23 million people used basically no cash in 2022. Fraudsters Love Digital Real-Time Payments All this rapid change is great for one thing — fraud. Where Did My Cash Go?

Fraud 52

Fraud ATM South Carolina Management 52

Independent Banker

JANUARY 31, 2022

Ultimately, the only way for us to be able to compete with the larger banks—the Wells Fargos of the world who have seemingly unlimited IT budgets—is to find fintech partners that align with our strategic goals as a bank,” explains Matt Gallman, vice president and enterprise risk officer for $1 billion-asset Drummond Community Bank in Chiefland, Fla.

Community Bank 159

Community Bank Community Fintech Risk Management 159

Insights on Business

MAY 6, 2019

Payment fraud detection has always had a bit more latitude than its counterparts in anti-money laundering, customer due diligence and even trade surveillance compliance. Unlike the latter areas, fraud prevention is an area not as heavily governed by regulations or specific rules of what a financial institution should or should not allow.

Fraud 102

Fraud Regulation Compliance Analytics 102

The Paypers

APRIL 21, 2022

US-based card issuer and payment processor company Marqeta has announced an end-to-end risk management solution, RiskControl, to combat payment card fraud.

Fraud 31

Fraud Cards Risk Management Payments 31

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. Some customers had found that bots were being used to uncover the right 3 digits for the CVV.

Fraud 52

Fraud Analytics Trends Innovation 52

FICO

MAY 2, 2019

Fraud and data breaches have always had a close, if destructive, relationship. As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online.

Fraud 70

Fraud Data Cyber Security Risk Management 70

FICO

JANUARY 8, 2020

Specifically: Cybersecurity risk awareness is on another expansion wave, as a best-practice component of third-party risk management (TPRM). At long last, fraud and compliance infrastructures are starting to converge. Fraud and Compliance Infrastructures Converge. Use of AI and ML in Compliance Will Expand.

Compliance 52

Compliance Fraud New York City Analytics 52

PYMNTS

FEBRUARY 19, 2020

Global cloud treasury and finance firm Kyriba has introduced the Kyriba Payments Network to deal with the developing chief financial officer (CFO) mandate to streamline payments and fight payments fraud, the company said in a press release on Wednesday (Feb. via an API that loops into The Clearing House’s RTP network. .

Las Vegas 130

Las Vegas Payments Fraud Risk Management 130

Independent Banker

OCTOBER 1, 2022

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. We look at community banks’ options for fighting this type of crime. By Katie Kuehner-Hebert. Targeting boomers.

Fraud 133

Fraud social media Millennials Examples 133

FICO

JUNE 23, 2022

The Role of Data in Managing Fraud and Financial Crime Today. Here are the highlights from the fraud management data discussion I had at FICO World 2022 with Julie Conroy, Head of Risk Insights and Advisory at Aite-Novarica Group. How Did the Pandemic Change Fraud? Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Management Data Compliance 52

FICO

SEPTEMBER 20, 2022

Fighting Fraud with Responsible AI: My Talk with Dr. Scott Zoldi. FICO fraud expert TJ Horan talks fraud management and responsible AI with FICO's Chief Analytics Officer, Dr. Scott Zoldi. As for me, I’m a software guy and payments professional doing my best to roll with the changes in an ever-shifting fraud landscape.

Fraud 52

Fraud Analytics Strategy System 52

PYMNTS

MAY 20, 2020

For merchants and financial institutions (FIs), the “new normal” of commerce — done increasingly online — means that battling fraud is a bit like feeling an elephant. The pandemic has paved the way for fraudsters to try new avenues of attack, and is laying bare the limitations of the fraud prevention tools currently deployed.

Fraud 208

Fraud Examples Data Tools 208

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Vice President, Product Management. Financial institutions (FIs) are not letting fraud trends like scams fade into background noise, but fraud awareness is rising among customers and both the banks and customers are eager to mitigate as much as possible.

Fraud 52

Fraud Payments South Carolina Compliance 52

ABA Community Banking

NOVEMBER 15, 2015

More than a battle of words, the AML community can greatly aid the ongoing response to terrorists Compliance Risk Management Blogs AML & Fraud BSA/AML.

US 40

US Risk Management Fraud Compliance 40

Gonzobanker

SEPTEMBER 21, 2023

CSI partnered with Dragonfly for treasury management and with Hawk AI for fraud and anti-money laundering solutions. Sardine , a fraud detection platform solution provider, raised a Series B round from Visa and ConsenSys. Helix partnered with Unit21 for fraud and risk management solutions for fintechs.

Fintech 103

Fintech Software Illinois Lending 103

The Paypers

NOVEMBER 17, 2017

(The Paypers) Featurespace , a provider of adaptive behavioural analytics technology for fraud and risk management, has announced that the UK-based company will open its US headquarters this month.

Atlanta 28

Atlanta US Risk Management Analytics 28

FICO

JUNE 1, 2023

As AI applications are put to work at more complex tasks like managing capacity on power grids and monitoring financial transactions for fraud , all of us at FICO firmly believe that the only type of AI to apply is the responsible, explainable, ethical kind. But we’ve all heard the adage – practice makes permanent, not perfect.

Training 59

Training Fraud Customer Experience South Carolina 59

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. A press release on Tuesday (Jan.

Compliance 115

Compliance Risk Management Analysis User Experience 115

The Paypers

SEPTEMBER 7, 2017

(The Paypers) The ai Corporation (ai) , an FCA approved fraud and risk management provider, has teamed up with Quatrro to strengthen the business’s presence in the US.

US 28

US Risk Management Fraud Management 28

Abrigo

SEPTEMBER 11, 2023

Takeaway 2 AI can lead to more accurate and consistent outputs or predictions, better risk management, and improved customer experiences. Let us step back in time and look at the last 50 years. Take the financial services industry as an example.

Risk Management 195

Risk Management Data Technology Fintech 195

FICO

APRIL 4, 2018

He caps a program with more than 70 sessions on AI, analytics, machine learning, cybersecurity, fraud detection and risk management. FICO is proud to have Garry Kasparov as our closing keynote speaker at FICO World 2018 , April 16-19 in Miami Beach.

Meeting 94

Meeting Miami Risk Management Analytics 94

ABA Community Banking

MARCH 17, 2015

million victims in 2014 Risk Management Cyberfraud/ID Theft. 1Risk Management' $16 billion lost from 12.7

Trends 40

Trends Risk Management US Fraud 40

Alex Jimenez

NOVEMBER 4, 2023

Money 20/20 USA has become the biggest FinTech gathering in the US. Sustainability and ESG: Despite the political ESG backlash in the US, numerous sessions placed an increasing focus on sustainability and environmental, social and governance (ESG) factors within financial services. The application of AI was highlighted many times.

Conference 84

Conference Meeting Trends Fintech 84

FICO

DECEMBER 2, 2020

Join us to discover new and innovative ways to fight financial crime, turn regulatory challenges into opportunities and improve the customer journey. We welcome session submissions on topics related to customer success with decision management, risk management, fraud and financial crime, and advanced analytics.

Risk Management 52

Risk Management Conference Strategy Analytics 52

PYMNTS

AUGUST 16, 2018

Risk looms large with rampant growth in fraud, however, and financial institutions (FIs) must stay guarded to prevent cybercrime. The question becomes how you use those strengths and capabilities, and that’s really up to each individual bank.”. Reducing Risk By Fighting Fraud. billion to it during the same year.

Digital Banking 101

Digital Banking Fraud Data Tools 101

Abrigo

DECEMBER 30, 2019

Regulatory hot topics and exam findings from 2019 give us a good road map for 2020 exam preparation. This is a must-have risk management concept. BSA officers should be confident in their position and ready to share this advisory with leadership and the Board if the institution is at risk. Fraud Prevention.

Training 195

Training Compliance Leadership Fraud 195