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.

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Fraud Examples Data Tools 208

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. 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. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

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PYMNTS

SEPTEMBER 7, 2017

There’s interaction with marketing and customer service teams, an eagle eye on data fraud — oh, and no small amount of effort devoted to innovation. On new solutions, I spend time in fundamental research analyzing new market trends, topics and use cases and exploring how to develop innovative technologies to expand into those areas.

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Analytics Fraud Innovation Industry 116

PYMNTS

MARCH 30, 2017

Mastercard announced that it has entered into an agreement to acquire NuData Security, a global technology company that helps businesses prevent online and mobile fraud using session and biometric indicators. Terms of the deal were not disclosed.

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Security User Experience Fraud Online 100

PYMNTS

OCTOBER 22, 2018

In addition, the specification is expected to enable compatibility with technologies such as EMV 3-D Secure and EMV Payment Tokenisation, while facilitating recognition of a common user experience by consumers via an SRC Mark. “The future that we all envision is right in front of us. .”

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Security User Experience Technology Payments 136

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. “We worked with them to design this new solution, pulling in advanced entity resolution and workflow capabilities into a more modern and intuitive user experience. .

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PYMNTS

NOVEMBER 10, 2019

Kenya has passed a new data protection law in the hopes of attracting more foreign technology companies into the country. The law, which was approved by Kenyan President Uhuru Kenyatta last week, complies with European Union legal standards, placing restrictions on how personal user data can be handled, stored and shared.

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Regulation Data User Experience Training 109

PYMNTS

APRIL 3, 2018

Fiserv VP of digital banking Scott Domach says the robust voice banking experience embraces everything from bill payment push alerts to fraud alerts, but one thing rules above all: The principle of natural speech. It’s about juggling bills, planning, investing, saving and, in this day and age, guarding against fraud.

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Mobile Fraud New Mexico Examples 124

Independent Banker

JANUARY 31, 2022

That was a necessary step to help get us ready for FedNow,” says Sherri Reagin, chief financial officer at $540 million-asset North Salem State Bank in North Salem, Ind., Our older platform would not have talked to FedNow through our core provider, so it is a multilayer process to be able to use the FedNow technology,” she adds.

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Community Bank Community Resources Fraud 91

Insights on Business

MARCH 26, 2018

At IBM Think, the premier business and technology conference, the main theme is “mankind + machine,” and during the Wednesday morning session with Ian Hurst and Sarah Diamond, IBM General Managers of Banking and Financial Markets, and Naresh Vyas, Royal Bank of Scotland Head of Solutions, that theme was on full display. Lastly, Ms.

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User Experience Compliance Maine Regulation 135

PYMNTS

APRIL 12, 2017

The Zeta Super Card includes anti-fraud security measures that lets users make payments across 12 lakh+ outlets across India as well as online stores. “We Zeta noted that with RBL Bank as its banking partner, Zeta’s prepaid card, called the Zeta Super Card, will now also be available on the RuPay platform.

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PYMNTS

JUNE 9, 2020

He added that there remains heightened sensitivity around security as fraudsters have trained their sights on card-not-present (CNP) fraud, although security concerns have not derailed any projects. The broader the coverage of the data, the better because that all factors into the value of the user experience,” he said.

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PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Linden unpacked the findings of a recent whitepaper by Paysafe, “ Lost In Transaction: Volume II ,” which showed what consumers really want from their eCommerce experience. What do consumers want?

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PYMNTS

MARCH 14, 2017

Sarah Clark, GM of identity at Mitek , joined Karen Webster to discuss what process and technology can do to help meet AML requirements to truly authenticate who people are. Though money laundering is a dangerous and enormous aspect of fraud, it’s often overshadowed by high-profile data breaches and other cybercrime activities.

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Meeting Fraud Knowledge Base User Experience 111

PYMNTS

SEPTEMBER 27, 2017

No matter how impressive new technology is, its fate often lives and dies with consumer adoption. After all, if no one wants to use a new piece of tech, it doesn’t matter how groundbreaking an innovation it might be — it probably won’t be around for long. Bank of America’s research is not limited to working with Samsung, though.

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America Samsung Security Apple 133

PYMNTS

MARCH 8, 2019

There’s always that question around data, and [if] people are really going to share this type of data with [us],” Baclin said of Zopa’s products, which include a new income verification service for its loans that was developed in partnership with fellow U.K. -based P2P loan provider Zopa , in a recent interview with PYMNTS.

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Lending Data Security Regulation 135

PYMNTS

MAY 7, 2020

US Payments Are Playing Catch-Up. You deposit with your card and then the money goes back to the card you used, so [the method] will have a double effect of reducing potential fraud and [improving] user experience.”. is not as simple as just building out the technology stack, however.

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Online New Jersey Pennsylvania Regulation 142

PYMNTS

DECEMBER 12, 2016

The holiday shopping season is well upon us, and the eternal question remains: How does a gift giver make sure that the gift receiver feels as though they have received the perfect gift? They can be picked up in a hurry and can be used at the recipient’s choosing in terms of time and place. Gift cards may seem a logical answer.

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PYMNTS

JULY 5, 2017

We work with some of the most innovative companies in the world around payments and other technologies, enabling us to become the spear of innovation for enterprises. By perceived security, I am talking mainly about user experience as it relates to the digital payment space.

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Innovation Customer Experience Mobile Security 121

PYMNTS

SEPTEMBER 22, 2017

The Equifax breach lingers like the remnants of a bad lunch, making us all feel queasy about which data has been compromised and who just might be developing new ways to trick us out of money or privacy — now and in the future. The second and overlooked area of innovation is in the area of user experience.

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Fintech Labs Insights

MARCH 23, 2017

Our second developers conference in New York was a great opportunity to take a look at some of the technologies that continue to drive fintech innovation forward. ModelShop for its analytic decision platform that enhances the loan origination, portfolio optimization, and fraud prevention processes for both FIs and consumers.

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New York User Experience UX Conference 25

PYMNTS

OCTOBER 2, 2019

Andrew Sloper, head of digital identity and authentication at Chase, recently spoke to PYMNTS about how these solutions allow the bank to deliver seamless and secure user experiences while enabling a preventative approach to fraud. If there’s too much friction, then it’s a pain, and they’re not going to use the service.

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Fraud Security Tools Data 109

PYMNTS

JUNE 10, 2016

According to Brad Powers, Passport’s CTO, none of it would be possible without mobile payment technology. In fact, he said, without the rise of mobile payment technology, most parking apps would have never gotten off the ground. Sometimes, it can come from a customer’s simple desire for a more convenient and comfortable experience. “In

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Mobile Payments Training Wisconsin 100

PYMNTS

JUNE 6, 2016

Customers are drawn to banking technology that is easy to use yet secure enough to safeguard their personal information. For major banks looking to gain consumer trust while staying ahead of the technological curve, creating services that are both simple and secure can be a major challenge.

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Security Technology Training America 100

FICO

APRIL 19, 2018

FICO® Debt Manager FitAgent can now sift through massive real-time datasets from internal or external sources, such as dialers and other communication systems, using FICO® Decision Management Platform Streaming to rapidly generate powerful insights that assist with the collection and recovery process.

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Fintech Labs Insights

MARCH 13, 2017

Since then, the company has matured; it now offers five solutions across mobile, web, and desktop to help large financial institutions combat onboarding fraud. These additional factors verify that the user matches their identity document and builds their digital identity profile in the background. ” Company facts. 30 employees.

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User Experience Fraud Maine Mobile 18

Fintech Labs Insights

FEBRUARY 21, 2017

Today’s funds come from Madrid-based Mundi Ventures, a technology-focused VC firm that also operates in Barcelona, London, and Seattle. Qumram has already gained great traction in the US. Founded in 2011, Qumram offers banks technology that lets them record and replay all digital activity and interactions with clients.

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social media Seattle Compliance User Experience 15

Tomorrow's Transactions

APRIL 29, 2015

The way in which different biometrics are combining with the smartphone to create a new security landscape is starting to shape the mass market and it is really interesting to be working with our clients on bringing the technology to market and exploiting it effectively in different sectors.

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Security Fraud User Experience Online 30

Fintech Labs Insights

MAY 5, 2017

“Securing the backing from such world-class investors allows us to grow and execute faster in our mission to reinvent the world’s payment systems by providing common, secure access to all banks and a modern, bank-centric payment ecosystem,” Token founder and CEO Steve Kirsch said. With an investment of $15.7

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San Francisco Security User Experience California 23

NCR

AUGUST 30, 2016

Biometrics, Geolocation and the Blockchain are technologies ripe for deeper implementation within financial apps. However, I believe that the blockchain and a combination of geolocation and advances in biometric technology can be used to better bank customers’ user experience. Go through a fraud check.

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Technology blockchain User Experience Fraud 53

PYMNTS

NOVEMBER 24, 2020

A Kaspersky survey indicated that 47% of banking customers in the META region (Middle East, Turkey and Africa) were victims of some type of bank fraud in the first six months of this year. Our clients trust us to not only be constantly innovating around digital banking and payments, but also to guarantee safety and security.

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Digital Banking Security User Experience Fraud 145

Fintech Labs Insights

FEBRUARY 21, 2017

They were solving the credit card fraud problem using Neural Networks. Fast forward 25 years and I’m still creating solutions in financial services using data and analytics to solve tough problems such as credit pricing decisions, fraud detection and portfolio optimization.

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Fintech Labs Insights

MARCH 30, 2017

Terms were not disclosed, but Mastercard announced today that it would acquire Canadian anti-fraud specialist, NuData Security. He added “Those efforts will continue and accelerate through our collective enhanced capabilities to secure the digital landscape, while offering an enhanced user experience.”

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Security User Experience Conference Analytics 12

Fintech Labs Insights

JUNE 18, 2015

We recently caught up with John Canfield, VP of Risk for WePay, to chat about how he combats fraud. As it turns out, the company is doing some pretty creative things, including using machine learning, to win the war against fraudsters. It also provides regulatory and fraud risk protection.

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Security Payments San Jose Fraud 12

NCR

AUGUST 25, 2017

By 2020, the US should have a payment system that is faster, ubiquitous, broadly inclusive, safe, highly secure and efficient. One of the biggest obstacles facing the development of a faster payments system in the US is interoperability. It also outlined other key challenges and the actions required to overcome them. The challenges.

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Fintech Labs Insights

JANUARY 25, 2016

At FinDEVr San Francisco 2015, Nexmo showed how its APIs and SDKs help companies such as Expedia, Zipcar, and Viber increase security, decrease fraud and protect user identity without compromising the user experience. Finovate: Your solutions are used in a number of industries. Nexmo Verify API.

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San Francisco Bitcoin Fraud User Experience 12

South State Correspondent

APRIL 24, 2023

Just when you were getting your bank’s head around how you will operationalize ChatGPT (our breakdown HERE ), AutoGPT, an application built on top of ChatGPT, gets released and takes the technology to a new level. Imagine an experience where customers and employees can get a 1:1 concierge service via a generative AI-driven chatbot.

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social media Data Marketing Technology 195