Payments Source

MAY 16, 2019

Police and city agencies can no longer use facial-recognition technology, which civil liberties groups say infringes on human rights. The measure may be an ominous sign for biometric login authentication.

San Francisco 67

San Francisco Fintech Groups Technology 67

PYMNTS

SEPTEMBER 3, 2019

Banks may process $1 million worth of credit card fraud requests in a day, but ad fraud detectors can face up to 20,000 requests every second. Ad fraud is growing even worse due to the rise of real-time bidding (RTB), an advertising model in which advertisers automatically bid on ad placements as web pages are loaded.

Fraud 123

Fraud San Francisco social media Tools 123

PYMNTS

FEBRUARY 6, 2019

The San Francisco-based company also participated in the Y Combinator Winter 2017 batch. In addition, cardholders will receive improved anti-fraud benefits, including purchase protection and ID theft protection. Current Brex cardholders will be switched to Mastercard’s World Elite program this month.

San Francisco 208

San Francisco Fraud Cards America 208

PYMNTS

SEPTEMBER 4, 2018

But sometimes Davids make it through – the plucky startup that makes medical equipment for the blind , or the two scooter companies in San Francisco who beat out the likes of Uber and Lyft to get their permits. 12: The total number of firms looking for electric scooter permits in San Francisco. .

San Francisco 100

San Francisco Data Fraud Course 100

PYMNTS

APRIL 26, 2017

After its launch in 2011, HiGear, a San Francisco, Calif.–based While the fraud-fighting technology available six years ago didn’t stand a chance of protecting HiGear, the current car-sharing market , which is projected to be worth $16.5 billion by 2024, continues to experience similar fraud attacks.

Fraud 121

Fraud San Francisco Retail Branding 121

PYMNTS

SEPTEMBER 26, 2018

California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. California will divide its $26 million share of the settlement between the California Attorney General’s Office and the San Francisco District Attorney’s Office, the two said in the press release.

San Francisco 172

San Francisco District of Columbia Data California 172

PYMNTS

JANUARY 12, 2021

Just in the past month, police in San Francisco and Polk County, Fla., John Matas, a certified fraud examiner and certified financial crimes investigator, added in a recent op-ed for Loss Prevention Magazine that organized retail crime goes far beyond mere shoplifting. Matas sees the current wave of U.S.

Retail 226

Retail Florida San Francisco Sacramento 226

Payments Source

JANUARY 5, 2018

San Francisco-based Arxan Technologies, which got its start in 2001 providing security tools to protect gaming and medical-device applications, says financial services companies are one of the fastest-growing sectors seeking help in barricading their mobile apps from hackers.

San Francisco 67

San Francisco Mobile Fraud Tools 67

PYMNTS

NOVEMBER 9, 2016

The conduit between the two is San Francisco-based startup Ripple, which is known for enterprise cross-border applications. Lysenko said that, while blockchain isn’t directly linked to privacy or fraud, it can help banks, payment systems, insurance companies and more businesses reduce the number of fraud incidents.

New York 175

New York blockchain Fraud Cards 175

PYMNTS

MARCH 24, 2020

San Francisco-based fraud prevention technology firm Arkose Labs has raised an additional $22 million in Series B funding led by Microsoft’s venture fund, the company announced on Tuesday (March 24). Arkose said the new funding will empower its fight to bankrupt the business of online fraud and abuse. Venture Partners.

San Francisco 101

San Francisco Fraud Resources Online 101

PYMNTS

JANUARY 30, 2019

Stripe, the San Francisco digital payments startup, has landed a $100 million investment from Tiger Global Management, boosting its valuation above $20 billion. According to a report in CNBC , citing The Information, with the $100 million investment by Tiger Global Management , Stripe now has a valuation of $22.5

San Francisco 205

San Francisco Capital Online Fraud 205

PYMNTS

APRIL 22, 2016

Regardless of the company, its industry, its customers or location, online fraud remains top of mind. The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year.

Fraud 100

Fraud Idaho Innovation San Francisco 100

PYMNTS

MAY 6, 2020

The San Francisco-based bank started processing applications for PPP loans on April 4, a day after the program opened. A regulatory filing on Tuesday (May 5) indicated that the country’s fourth-largest bank received “formal and informal inquiries from federal and state governmental agencies regarding its offering of PPP loans.”.

San Francisco 245

San Francisco California New York Security 245

PYMNTS

JANUARY 28, 2020

The company is up against competitors like San Francisco-based Stripe. Open banking means payments are authenticated between consumers and their banks, letting merchants avoid chargebacks due to fraud or situations where the payments couldn’t be processed.

San Francisco 132

San Francisco Payments US Trends 132

PYMNTS

APRIL 23, 2020

Stripe , the San Francisco digital payment platform popular with Shopify, Instacart and other major online retailers, announced major updates to its software on Thursday (April 23) that will connect users directly with Mastercard, Visa and the world’s other top credit card networks. billion this year. New Revenue Optimization Engine.

San Francisco 131

San Francisco Payments Cards Fraud 131

PYMNTS

JANUARY 28, 2020

The company is up against competitors like San Francisco-based Stripe. Open banking means payments are authenticated between consumers and their banks, letting merchants avoid chargebacks due to fraud or situations where the payments couldn’t be processed.

San Francisco 130

San Francisco Payments US Trends 130

Abrigo

JUNE 27, 2023

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases.

El Paso 195

El Paso Miami United States New York City 195

PYMNTS

MARCH 1, 2019

28) with the federal court in San Francisco. Last May, the bank reached a $480 million settlement related to a securities fraud lawsuit brought on by shareholders over the accounts. Wells Fargo has reached a $240 million settlement with U.S. The scandal also hurt Wells Fargo’s stock price and reputation.

San Francisco 149

San Francisco Alabama Colorado Fraud 149

CB Insights

SEPTEMBER 20, 2021

San Francisco-based Persona helps businesses verify customer identities in order to help with age verification, fraud prevention, and account recovery. The round drew participation from Founders Fund, Meritech Capital Partners, Coatue Management, Bond, and Index Ventures. HOW’S THE COMPANY PERFORMING?

San Francisco 54

San Francisco Technology Fraud Capital 54

PYMNTS

MAY 24, 2019

However, with this growth comes the increased risk of data breaches and fraud. Several governments, including the State of California and the City of San Francisco, are passing legislation dedicated to securing IoT devices for their citizens. Intelligence of Things (IoT) devices are continuing to gain popularity.

California 188

California San Francisco Charlotte Security 188

Insights on Business

NOVEMBER 8, 2018

There was a lot of buzz at the event on fighting fraud faster as criminals have become more adept at fraud schemes in record time. With the help of AI, IBM is protecting banks from fraud within hours.

Industry 143

Industry San Francisco New York City Fraud 143

PYMNTS

AUGUST 5, 2019

We’ve checked all the accounts that have been affected by this bug thoroughly, and confirmed the information hasn’t been used to commit fraud,” Monzo said on its blog. signing up consumers at events in Los Angeles, New York and San Francisco. “No one outside Monzo had access to these PINs. Monzo customers. In the U.S.

Security 116

Security Los Angeles San Francisco New York 116

PYMNTS

FEBRUARY 19, 2019

Further proof of that came recently from a young company based in San Francisco called Castle , which helps eCommerce operators such as Touch of Modern and Rue La La to defend against that type of fraud. Fraud Prevention Innovation. Fraud Case Study. Castle, founded in 2015, said it has raised $9.2

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

SEPTEMBER 20, 2016

It’s the next step in San Francisco-based Stripe making strides into other countries. Stripe offers software tools for processing services for online and mobile transactions, as well as capability to manage security for customers’ data and fraud prevention. After Singapore, the plans are aimed at Japan and Hong Kong.

San Francisco 100

San Francisco Bitcoin Regional Apple 100

PYMNTS

APRIL 24, 2019

Allen Parker was interrupted more than a dozen times during his opening remarks, with hecklers shouting “frauds” and “criminals” as he tried to speak. In the meantime, Parker is temporarily leading the San Francisco-based company after former CEO Tim Sloan stepped down, following the firm’s many scandals.

Meeting 100

Meeting San Francisco Dallas Fraud 100

PYMNTS

NOVEMBER 16, 2018

While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.

Las Vegas 134

Las Vegas San Antonio Report San Diego 134

PYMNTS

MARCH 19, 2019

Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation. Violations after that would be subject to the New Jersey Consumer Fraud Act and fines could be as high as $20,000.

New Jersey 125

New Jersey Philadelphia San Francisco Massachusetts 125

PYMNTS

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. Instacart , the U.S. and Canadian online grocery delivery service, blamed reused passwords for the recent account hacks that led to the theft of its customers’ personal data that landed on the dark web.

San Francisco 188

San Francisco Cards Data Online 188

PYMNTS

OCTOBER 23, 2020

Unit21, a San Francisco company that connects risk and compliance teams to technology, has announced a $13 million investment round led by A.Capital Ventures. The company highlighted the $8.14

San Francisco 158

San Francisco Compliance Capital Management 158

PYMNTS

SEPTEMBER 29, 2020

29) announced a deal for the AML platform of Beam Solutions , a San Francisco-based startup that focuses on transaction monitoring and helping financial companies comply with KYC regulations. The Palo Alto-based firm on Tuesday (Sept.

San Francisco 153

San Francisco Compliance Regulation cryptocurrency 153

PYMNTS

SEPTEMBER 13, 2017

It aims to flesh out operations in the areas where it already has a presence — that is, London; San Paolo, Brazil; Mexico City; Colombia; San Francisco and Greece. CPO Amador Testa will be sitting on a fraud and identity panel during the event. First, on Oct.

Las Vegas 118

Las Vegas Fintech San Francisco Arizona 118

PYMNTS

MARCH 16, 2017

Malcolm Palmore, assistant special agent in charge of the FBI’s San Francisco Cyber Division, told Ars Technica that the agency believes the hack started back in 2014 when a Yahoo employee fell victim to a spear phishing email campaign.

San Francisco 116

San Francisco National Fraud Data 116

PYMNTS

NOVEMBER 30, 2017

While the Federal Reserve does not have plans to issue digital currency, it is actively researching the underlying technology, said John Williams, president of the San Francisco Federal Reserve Bank.

San Francisco 100

San Francisco Bitcoin Phoenix Arizona 100

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. Uber is taking advantage of New York’s talent pool in the financial department, which has more depth in the San Francisco sector. Total losses due to fraud were a staggering $4.2

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. Uber is taking advantage of New York’s talent pool in the financial department, which has more depth in the San Francisco sector. Total losses due to fraud were a staggering $4.2

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

NOVEMBER 30, 2016

San Francisco’s Muni public transit system was reportedly hit by a ransomware attack over the weekend that took the light rail transit offline on Saturday (Nov. According to the San Francisco Examiner , the computer screens of Muni agents displayed the message, “You Hacked, ALL Data Encrypted” beginning Friday night.

San Francisco 100

San Francisco Bitcoin Security System 100

PYMNTS

FEBRUARY 9, 2017

Though the actual misconduct was carried out at the teller level, senior management is accused of creating internal sales targets that more or less required their lower-level employees commit fraud or risk the loss of their job. Sloan was chief operating officer at San Francisco-based Wells Fargo, the third-largest U.S.

San Francisco 100

San Francisco Fraud Meeting Report 100