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BNPL Fraud — When "Buy Now, Pay Later" Backfires

FICO

In this post, I’ll provide a quick overview of how BNPL works, and share my thoughts on how BNPL fraud can occur and where the financial liability lays. . With BPNL, fraud rates may rise because merchants may loosen their fraud countermeasures for the sake of acquiring the sale. Strategies and Tools for Fighting BNPL Fraud.

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Data privacy: How to keep customer data safe

Independent Banker

It has implications for everything from regulatory compliance and risk management to a bank’s ability to engender trust in its customers. Other states have enacted similar data privacy laws since the California Consumer Privacy Act came into effect, including Utah, Colorado, Virginia and Connecticut. By Katie Kuehner-Hebert.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.” Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah. Small things can make big differences.

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THE 16TH ANNUAL GONZOBANKER AWARDS

Gonzobanker

A “Making a Difference” Nod – Goes to S andy Dubois, executive secretary at People’s Utah Bancorp in American Fork, Utah, for her work in establishing “Project Teddy Bear.” Project Teddy Bear collects stuffed animals and gives them to at-risk children in Utah. Small things can make big differences.

Utah 60
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2021 GonzoBanker Awards

Gonzobanker

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. The Gonzo Inn in Moab, Utah! Has it worked? 82% to over 2.3% The Perfect Hotel for GonzoBankers.

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Fintech Fundings: 21 Companies Raise $260 Million Week Ending Feb 12

Fintech Labs Insights

Underwrites & guarantees high-risk credit card transactions . HQ: Salt Lake, Utah. Tags: Enterprise, SMB, API, developers, integration, back-end, investing, wealth management, Finovate alum. Latest round: $25 million Series B. Total raised: $30.7 HQ: Tel Aviv, Israel. Source: Crunchbase. APIs powering financial services.

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