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. The rule of thumb here is that after committing account takeover fraud, those fraudsters lie in wait before using the stolen account.

Fraud 159

Fraud Risk Management Customer Experience Trends 159

PYMNTS

NOVEMBER 7, 2019

Amazon Ring fixed a security vulnerability in its Ring Video Doorbell Pro that could have potentially allowed hackers to get homeowners’ Wi-Fi passwords, TechCrunch reported on Thursday (Nov. Cybersecurity research firm Bitdefender exposed the Amazon Ring flaw in a white paper.

Security 108

Security Video Case Study Study 108

PYMNTS

SEPTEMBER 18, 2019

17) and released a white paper about R2P and the benefits PSPs will experience by having a real-time messaging solution. “As In our white paper, we explain why our users are keen to work on request to pay and why now,” said Erwin Kulk, head of service development and management at EBA CLEARING. “We

Payments 116

Payments Security Fraud Meeting 116

PYMNTS

NOVEMBER 7, 2019

Amazon Ring fixed a security vulnerability in its Ring Video Doorbell Pro that could have potentially allowed hackers to get homeowners’ Wi-Fi passwords, TechCrunch reported on Thursday (Nov. Cybersecurity research firm Bitdefender exposed the Amazon Ring flaw in a white paper.

Security 100

Security Video Case Study Study 100

PYMNTS

DECEMBER 16, 2019

A pan-European request to pay solution is considered “missing piece of the puzzle” for real-time payment services, according to an EBA white paper. “As Fraud is one of the bigger obstacles faced by banks, FinTechs and other financial players that wish to adopt instant payments.

Analysis 130

Analysis Payments Operations Fraud 130

PYMNTS

MAY 18, 2018

When examining the 1,450 white papers, the WSJ also found 111 that repeated entire sections word-for-word from other papers, and at least 121 of the projects didn’t disclose the name of even one employee. While some of the firms are still raising funds, others have shut down.

Bitcoin 102

Bitcoin Fraud Examples Security 102

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 FICO Admin.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

MAY 10, 2019

That implies an ease of use while giving up nothing when it comes to security. The rule change not only could bring more work for financial institutions and payment service providers, but also underscores the effort needed to bring more payments into the digital age with faster speed and more security — all part of that general ideal.

Payments 178

Payments Fraud Security Customer Experience 178

PYMNTS

JUNE 16, 2018

Russia’s FinTech Association and 14 of the nation’s largest banks collaborated on the development of Masterchain, reports noted, citing a white paper. Using Masterchain will reduce operating costs by up to five times, the white paper claims, and will accelerate contract processing.

blockchain 113

blockchain National New York cryptocurrency 113

FICO

JULY 30, 2019

Before getting started, CSPs should determine who “own”’ and is accountable for subscription fraud. Is it the fraud team? Also, is there a clear and agreed fraud risk appetite that has exec sponsorship and is agreed by all stakeholders? In part, this is due to the ever-changing nature of fraud. Credit risk?

Fraud 52

Fraud How To Analytics Analysis 52

Abrigo

JUNE 23, 2020

We understand the trust you put in us when you use our BSA/AML and fraud software and we make the same investment in your program’s success. They will also provide you with resources (blogs, case studies, webinars, white papers, etc.) Fraud Prevention. Fraud Trends. Fraud Prevention. from time-to-time.

Software 195

Software Community Fraud Resources 195

Chris Skinner

MARCH 3, 2017

Just to put this in context, there are some very good white papers out there on the subject. Launched work to address the industry’s most pressing payment system security issues: identity management, data protection, and fraud and risk information-sharing. Well that research survey is now live.

America 150

America Payments Fraud System 150

Let's Talk Payments

FEBRUARY 27, 2016

Smart Card Technology Can Increase Security, Decrease Payment Vulnerability, Reduce Fraud and Improve Workflow for the Healthcare Industry PRINCETON JUNCTION, N.J. Press Release] – At the same time as the.

Cards 40

Cards Payments Fraud Security 40

FICO

JANUARY 4, 2023

FICO global survey finds customers want better fraud protection and more security from their digital banking channels. FICO’s 2022 consumer banking fraud survey shows that customers are split in their thinking on when they sufficiently trust a digital channel to apply for a new account, loan, or credit card. . FICO Admin.

Fraud 52

Fraud Survey Security Digital Banking 52

PYMNTS

DECEMBER 13, 2018

The Securities and Exchange Commission (SEC) said it had appointed a receiver to secure AriseBank’s cryptocurrency holdings. You have to know everything in this white paper is subject to change,” he said. The ICO came at the height of the digital token and ICO craze of 2017.

Fort Worth 134

Fort Worth cryptocurrency Dallas Regulation 134

PYMNTS

JUNE 21, 2016

There certainly is room for improvement, according to the white paper, as middle market companies, which are defined as those with annual sales below $500 million, spend an estimated $7.8 Firms have tread cautiously with respect to electronic payments, with costs dominating the argument against transitioning.

United States 125

United States Cards Payments System 125

FICO

OCTOBER 12, 2016

Globally, the European ATM Security Team reported a 19% increase in ATM-related fraud attacks from 2014 to 2015. Earlier this year, FICO reported a six-fold increase in US ATM fraud from 2014 to 2015. To learn more about this technology, see our white paper Putting a Wide-Angle Lens on Fraud.

ATM 40

ATM Fraud US Cards 40

Insights on Business

AUGUST 6, 2019

Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities. With this change comes new business opportunities. Payments modernization has arrived.

Payments 96

Payments Risk Management Innovation Analytics 96

PYMNTS

APRIL 27, 2016

Can the data trapped in “Digital Exhaust” – like online and social media data – be used to validate identity and predict fraud? Step One: Correlate a consumer’s participation in various types of social networks (traditional, blog-based and professional) and their associated fraud risk. Socure sure thinks so.

Online 100

Online Data social media Fraud 100

Insights on Business

AUGUST 6, 2019

Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities. With this change comes new business opportunities. Payments modernization has arrived.

Payments 70

Payments Risk Management Innovation Analytics 70

Insights on Business

FEBRUARY 11, 2019

In the beginning of the cloud computing era, “private clouds” promised the scalability, flexibility and manageability of public clouds, combined with the security and control of on-premises data center environments. Over time, IBM expects to make available further services on ICP, including additional security and logging functionalities.

Compliance 87

Compliance Security Big Data Analytics 87

PYMNTS

NOVEMBER 30, 2017

The German financial institution (FI) recently released a white paper urging banks and account servicing payment service providers (ASPSPs) to implement PSD2-related changes and reforms within their institution. It acknowledges several hurdles FIs continue to face in that effort. 12, 2018, deadline for implementation passes.

Guidelines 109

Guidelines Regulation Compliance Data 109

PYMNTS

MARCH 10, 2017

For more than 30 years, INTERAC has been Canada’s debit network facilitating secure financial transactions. In a world where convergence is coming faster than any white paper can articulate, O’Connell said it’s more important than ever for payments players to ensure their payments networks are responsible, safe, secure and fair.

Payments 168

Payments Innovation Security Community 168

PYMNTS

SEPTEMBER 19, 2017

Artificial intelligence and machine learning are particularly interesting, with their ability to enhance data and analytics capabilities for customer services, compliance and client onboarding and payment processes and fraud detection services, among others.

Innovation 108

Innovation Survey blockchain Lending 108

BankNXT

MARCH 3, 2017

Chris Skinner shares some useful links to white papers on the subject of faster payments (or instance, immediate, real-time). America is slow to adopt immediate payments on BankNXT.

America 40

America Payments Fraud Security 40

FICO

MARCH 18, 2020

We recently commissioned a survey of 5,000 people across 10 countries to better understand how people view security when they open or use their accounts. With acceptance of biometrics becoming mainstream, and the need for fraud protection ever front of mind, how can banks use biometrics in order to be more effective and efficient?

Fraud 52

Fraud Analytics Samsung Comparison 52

PYMNTS

OCTOBER 17, 2018

If history is even a rough guide to the future, you can bet that some of the case studies, technology and techniques gained from what promises to be a major operational effort will make their way into the payments and commerce mainstream — which, of course, has its own daily issues with data breaches, hackers, fraud and authentication.

Payments 100

Payments Maine Case Study System 100

FICO

MARCH 30, 2020

In person it is relatively secure, but customers may be coerced. In some cases, these will be technically defined, in some cases related to social engineering and in others these contexts will be patterns of activity that indicate a higher fraud risk, for example, changing an address and requesting a new credit card.

Examples 52

Examples Fraud System Compliance 52

Tomorrow's Transactions

FEBRUARY 24, 2020

These include falling consumer retention figures, as app transaction abandonment rates increase; the cost of developing and maintaining mobile apps; ensuring adequate security for accurate billing and fraud prevention; and meeting regulations such as PSD2. Read the latest ‘ RCS and Payments ’ whitepaper for more details.

Mobile 30

Mobile Payments Security Samsung 30

FICO

APRIL 8, 2020

In all countries surveyed, more than 60% of consumers were happy to provide their bank with a biometric - such as a fingerprint, facial scan or voice print - to help with security. If the device profile has also changed, you know there is a potential SIM swap fraud and prevent access or invoke step-up authentication. Authentication.

Management 52

Management Examples Meeting Security 52

CFPB Monitor

FEBRUARY 8, 2021

Cordray referenced an April 2020 white paper he co-authored that outlined immediate actions the CFPB could take to address the pandemic.) Chopra “his own person” and expects him to take the CFPB in new directions. He expects Mr. Chopra to vigorously pursue ways for the CFPB to support consumers financially injured by the pandemic.

Leadership 78

Leadership Lending Groups Policies 78

FICO

JUNE 22, 2017

JP Morgan’s fine highlights the broader problem that many global banks had been facing, which was ignoring the warning signings of fraud and money laundering. This tool demonstrates AI’s transformative benefits in anti-money laundering (AML) and fraud detection. billion in 2014. This post originally appeared on the SIIA blog.

Tools 55

Tools Compliance Innovation social media 55

PYMNTS

MAY 13, 2016

Then there’s the Treasury’s white paper assessing the segment which was released the day after Lending Club’s meltdown. Red hot not all that long ago, cybersecurity stocks could use some security of their own. Take FireEye, for example, which did beat estimates, at least on the top line, on demand for cloud security services.

Cards 100

Cards Lending Google Apple 100

PYMNTS

MAY 3, 2016

In its latest white paper, titled “Omni-Channel Payments for Merchants: Myth or Reality?,” From payments security and PCI compliance to frictionless commerce and cross-border considerations, the move to facilitate omnichannel payments is much easier said than done. “At

Fraud 100

Fraud Retail Compliance Survey 100

PYMNTS

APRIL 30, 2018

trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner. Most of that spend will be concentrated in the U.S.,

Fintech 183

Fintech blockchain Lending Digital Banking 183

FICO

AUGUST 30, 2018

This is a guest blog from Jonathan Williams , an expert in payments, identity and fraud prevention, working for advisory firm Mk2 Consulting. In July, the European Banking Authority (EBA) published their guidelines for reporting fraud under Payment Services Directive 2 (PSD2).

Fraud 40

Fraud Report Guidelines Conference 40

FICO

JANUARY 8, 2021

“When all employees were ordered to work from home, large operational departments — such as call centres or collections outbound and inbound teams — were required to move their operations to employees’ homes via security-protected equipment. Value of Customer-Level Management. FICO Loan Origination Solution Awarded Best-In-Class.

Analytics 52

Analytics Analysis Lending Management 52