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Why US Credit Card Fraud Complaints Are On The Rise

PYMNTS

Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,

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WEX Extends Fuel Card Contract With Sheetz

PYMNTS

states, including Maryland, North Carolina, Ohio, Pennsylvania, Virginia and West Virginia. This contract extension will not only provide Sheetz with access to WEX’s … products and services, but its customers will benefit as well through fuel savings programs, fraud protection and data insight.”. billion range.

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Health Care Companies Data At Risk Of Being Compromised

PYMNTS

Social Security numbers, medical information, bank account numbers and claims information were not part of the hack. John Huff, director of the Missouri Department of Insurance, said in a statement in the report that information on 411,786 members of Blue Cross Blue Shield of Kansas City was potentially taken.

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Procure-to-Pay, 3 Ways Analytics Reduces Risks and Costs

FICO

This article from the State of West Virginia is a perfect example: "More than 17% of Purchase Card transactions lacked sufficient documentation". data security, HIPAA, PII). Procure-to-pay: 3 Ways Analytics Solves Problems. (1) 1) Analytics can provide 100% coverage. Procure-to-pay Results: Finding Insights Through Analytics.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

The biometric software behind facial recognition applications can identify facial structures, contours, and expressions, making it a no-brainer for security and identification purposes. Banks are beginning to use facial recognition as secure login tools for customers using their online banking sites and apps.