PYMNTS

JUNE 14, 2017

Online fraud is no small problem for merchants, but a significant number of retailers do not spend enough time on the dual goals of streamlining the consumer data experience while weeding out possible fraudulent transactions. But differing consumer expectations around the issue of security present a challenge for retailers.

Retail 146

Retail Data Fraud Cards 146

Banking Exchange

JUNE 7, 2019

Advances in digital identity authentication are providing a better customer experience while shrinking the window for losses Technology Retail Banking Tech Management Mobile Online Cards Security Checks/Remote Deposit Capture Core Systems Cyberfraud/ID Theft Risk Management Customers Financial Research Feature Financial Trends Feature3.

Fraud 107

Fraud Risk Management Customer Experience Trends 107

PYMNTS

OCTOBER 1, 2020

The addition of Verifi’s technology to Visa’s risk management solutions will introduce greater collaboration and insights to help resolve disputes quickly.” . The new tech tools, Visa said, will be integrated with the rest of its risk management services, including those delivered by CardinalCommerce and CyberSource. .

Fraud 183

Fraud Los Angeles Idaho Risk Management 183

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112

Online Payments Fraud Cards 112

PYMNTS

JULY 21, 2017

So started Affirm’s Co-Founder and CEO Max Levchin ’s remarks at his firm’s first-ever AFFIRMation conference for its retail partners in San Francisco yesterday. “Finance is pretty broken.”. Levchin, by his own description, has spent his career in financial services and founding companies — “some of which succeeded, some didn’t.”

Retail 111

Retail San Francisco Cards Conference 111

PYMNTS

FEBRUARY 24, 2016

When it comes to a retailer protecting its assets — digital and otherwise — the intrinsic assumption might be that the focus ought to look outward. But the reality is that the greatest security threat facing retail companies, according to a number of recent surveys, often comes from within. It can be done online,” he told the NRF. “It

Retail 100

Retail Fraud Survey Branding 100

PYMNTS

JANUARY 18, 2021

Incidentally, there is no one-size-fits-all solution to tackling these risks, as one firm’s best practices may not be as effective for another’s operations. Each company’s risk management approach must therefore be tailored to its specific business needs.

Analytics 319

Analytics Data Risk Management Management 319

PYMNTS

JULY 20, 2017

Digital Shadows , the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering a new trend in the form of remote learning “schools.”.

Study 124

Study Online Course Cards 124

PYMNTS

NOVEMBER 6, 2020

Payments are no exception,” she said, noting that a variety of firms – from retailers to insurance providers – are tailoring their customer journeys to meet consumer demands. For instance, machine learning and other advanced technologies can boost fraud- and risk-management capabilities.

Payments 274

Payments Cards Fraud Retail 274

PYMNTS

JUNE 21, 2018

PayPal announced Thursday (June 21) that, following on the heels of its acquisition of Hyperwallet earlier this week, it is acquiring Simility , which is a fraud prevention and risk management platform. The deal will give PayPal greater strength in eCommerce and online marketplaces.

Risk Management 131

Risk Management Fraud Tools Management 131

FICO

FEBRUARY 12, 2018

For all the talk in the UK about disruptors and fintechs and new entrants to the credit market, and about how banks and card issuers need to manage customers in arrears, there’s one group that seems strangely absent from this focus: retailers. It is estimated over £200 billion of UK household debt is in unsecured retail credit.

Retail 63

Retail Management Analytics Compliance 63

PYMNTS

MAY 5, 2016

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

Retail 100

Retail Branding Denver Management 100

Abrigo

OCTOBER 8, 2014

Risk management. Approximately half of the banks that participated in the survey were publicly traded and were focused on a mix of retail and commercial banking. Managing Risk. Risk management typically involves the following steps: 1. Risk management reporting. Regulatory compliance.

Community Bank 191

Community Bank Community Strategy Risk Management 191

PYMNTS

JULY 5, 2017

It found that 76 percent of eCommerce players who generated 90 percent of their revenue online used only internal resources to fight fraud. While fraud and risk managers are certainly tasked with handling these issues, they ultimately report to the CFO, said Byrnes. Firefighting mode” isn’t going to cut it anymore.

Fraud 161

Fraud Survey Retail Resources 161

PYMNTS

MAY 27, 2020

Fraudsters equipped with such information could then easily access victims’ online accounts using legitimate credentials and take control of the customers’ funds. The May FI Fraud Decisioning Playbook examines the issue of omnichannel fraud and the strategies that banks and CUs are using to detect and thwart it.

Fraud 245

Fraud How To Analysis Strategy 245

Bank Innovation

JANUARY 11, 2018

The acquisition will combine LendingPoint’s focus on risk management and credit underwriting with LoanHero’s financing platform, which will allow LendingPoint to further […].

Risk Management 220

Risk Management Management Company Online 220

PYMNTS

JUNE 4, 2020

As a result, many financial institutions (FIs) are reluctant to offer application programming interface (APIs) until FinTechs can prove that their integrations won’t introduce new risk, says Andrew Davies, vice president of financial crime risk management at Fiserv.

Las Vegas 130

Las Vegas Payments Fintech Risk Management 130

PYMNTS

AUGUST 8, 2019

The collaboration gives the 12,000-plus national ACTA members an opportunity to tap into Western Union’s payments expertise and knowledge of foreign currency transactions and currency risk management, according to a Western Union press release on Thursday (Aug.

Groups 178

Groups Payments Risk Management Cards 178

FICO

NOVEMBER 21, 2022

Retail Credit Analytics. Innovation – Retail Finance (*New category win for FICO). Innovation – AI and Decision Management Platform (*New category win for FICO). 2023 marks the 17th anniversary of the Chartis RiskTech100® Report, which audits the world's major solution providers in risk and compliance technology.

Report 52

Report Risk Management Compliance Analytics 52

Payments Source

FEBRUARY 12, 2017

You’d think financial institutions and retailers in the U.S., with a long list of EMV migration examples to look to in other countries, would have been prepared for fraudsters shifting their attention to e-commerce after security improved at the point of sale. But e-fraud is on the rise, so what's happening?

Fraud 91

Fraud Online Examples Retail 91

Abrigo

APRIL 19, 2016

In the paper, the OCC defined responsible innovation as: The use of new or improved financial products, services, and processes to meet the evolving needs of consumers, businesses, and communities in a manner that is consistent with sound risk management and is aligned with the bank’s overall business strategy.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

Payments Source

MARCH 16, 2018

It's hard to build an online marketplace when the same products can be found just as easily on Amazon and eBay. But Reverb has found success in fine-tuning the way it handles data and payments.

Retail 71

Retail Payments Online Data 71

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. However, Wingert said the fact remains that many financial institutions, merchant acquirers and online stores are missing important risk signals by overlooking a proven approach to fraud and risk management.

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

JANUARY 16, 2018

Attempts to commit online fraud jumped during the holiday season, increasing 22 percent from Thanksgiving to December compared to a year ago. ACI said peak fraud days are typically driven by shipment cutoffs, levels of consumer traffic and transactions that are purchased online and picked up in stores. Following that was Dec.

Fraud 145

Fraud Risk Management Online Customer Experience 145

PYMNTS

FEBRUARY 27, 2019

based Mazooma , a FinTech focused on online gaming and sports betting, to give its clients access to Mazooma’s real-time, bank-data verification solution and ACH payments. As real-time payment schemes spread worldwide, stakeholders need to examine the impact these rails will have on their risk management strategies.

Nebraska 144

Nebraska Risk Management Apple Payments 144

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. It turns out that, for online retail last year, the “fraudliest day” was Dec.

Fraud 159

Fraud Risk Management Customer Experience Trends 159

PYMNTS

JULY 25, 2017

The impact of online fraud reaches far beyond the dollar count of sales lost. . With firms losing more than $5 million in stolen data tied to breaches, the true cost of online fraud is increasing. Retailers and merchants are losing more than $3 for every dollar of fraud incurred as recently as 2014, and that number was up from $2.79

Fraud 120

Fraud Retail Cards National 120

PYMNTS

SEPTEMBER 13, 2018

Wissema told PYMNTS that prepaid cards can be an effective tool in risk management, as the cards pre-load multiple currencies at pre-determined exchange rates.

Payments 100

Payments Risk Management blockchain Management 100

PYMNTS

OCTOBER 17, 2016

On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to continue its expansion of consumer-friendly point-of-sale financing at leading online and offline retailers, the company said in a press release.

Lending 100

Lending Risk Management Cards Online 100

Abrigo

MARCH 6, 2017

11) @FinancialBrand – The Financial Brand is a digital publication focused on marketing and strategy issues affecting retail banks and credit unions. 12) @RiskNet_RM – This online publisher provides news, analysis, research and event listings on all types of financial risks arising from trades, loans, regulation and cyber crime.

social media 150

social media Lending Community Community Bank 150

PYMNTS

JANUARY 10, 2020

With roughly 17 million active users each month and 30,000 diverse online retailers, Honey has delivered some $1 billion in savings to shoppers in the past year. Citigroup Names New Retail Banking Leader. It’s all the fashion these days to battle it out online for more market share when it comes to selling clothes to consumers.

San Francisco 130

San Francisco Millennials Cards cryptocurrency 130

PYMNTS

APRIL 12, 2017

As of Q3 2016, less than a third of B2C SMBs and a mere 10 percent of B2B SMBs had the capability to accept payments online, according to the PYMNTS SMB Technology Index. In today’s market, even for SMBs, expanding an online presence doesn’t stop at rolling out an eCommerce platform. A Solution Handmade for SMBs.

Payments 101

Payments San Diego Online Retail 101

ABA Community Banking

DECEMBER 30, 2014

Many blame retailers while failing to take basic actions themselves Payments Risk Management Online Cards Cyberfraud/ID Theft. 1Payments'

Risk Management 49

Risk Management Retail Cards Online 49

PYMNTS

SEPTEMBER 14, 2016

The acquisition will further the firm’s biometric technology, which will be used to authenticate online transactions using pictures of the human eyeball. Ant Financial has 450 million customers and services spanning online payments, peer-to-peer lending and wealth management funds. Ant Financial wants to be accepted by U.S.

Samsung 100

Samsung Risk Management Technology Regional 100

ABA Community Banking

DECEMBER 3, 2015

Online retail fraud expected to rise for the holidays Payments Risk Management Online Cyberfraud/ID Theft.

Risk Management 40

Risk Management Fraud Online Retail 40

PYMNTS

JULY 13, 2016

It took a while for the average retailer to reach a level of competency dealing with online orders. Unfortunately, it looks like the growing number of online returns is forcing retailers to grapple with an equally confounding problem: the reverse supply chain. It uses different facilities.

Retail 100

Retail Analytics Online Branding 100

PYMNTS

JANUARY 11, 2018

LendingPoint’s focus: near-prime customers who apply for credit online. That category, according to Burnside, contains about 145 million consumers – who, he noted, have very particular points of need where underwriting and risk management capabilities are severely underdeveloped. Breaking New Ground. .

Lending 108

Lending Risk Management Management ATM 108