Abrigo

DECEMBER 17, 2019

The types of compromised accounts that are commonly available and most popular on account markets are financial (bank, investments, brokerage), e-commerce, online payments, dating sites, mobile / telecommunications, social media, and email. Just like in the big box stores, technical tools for illicit activity are also on sale.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

OCTOBER 1, 2020

Previously, it was cumbersome for companies to fully utilize tools available through major card brands because of the need for tricky integrations and developer work.". The addition of Verifi’s technology to Visa’s risk management solutions will introduce greater collaboration and insights to help resolve disputes quickly.” .

Fraud 183

Fraud Los Angeles Idaho Risk Management 183

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior.

Fraud 195

Fraud Resources social media Software 195

PYMNTS

SEPTEMBER 15, 2020

“Making sure all the risks are covered from the perspective of an online merchant ensures there is risk diversification and makes sure that they are connected to several acquirers and banks,” explained Metodieva. Diversifying Risk. Merchants didn’t realize how important it was to have a backup.

Payments 299

Payments Risk Management Management Compliance 299

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. PayPal said.

Risk Management 131

Risk Management Fraud Tools Management 131

PYMNTS

JUNE 4, 2019

Biz2Credit, the online lending platform that helps banks and other financial institutions manage small and medium-sized business (SMB) lending processes, announced Tuesday (June 4) that it raised $52 million in venture funding. In a press release , Biz2Credit said the Series B funding round was led by WestBridge Capital.

Lending 122

Lending Risk Management Analytics Leadership 122

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

MARCH 12, 2018

As cryptocurrencies fuel discussions on forums and news websites, a new version of a Thomson Reuters Corp tool will capture online chatter around bitcoin. Securities and Exchange Commission (SEC) said several online trading platforms should be registered with the SEC itself. The recent declines also came as the U.S.

Bitcoin 102

Bitcoin social media cryptocurrency Austin 102

PYMNTS

NOVEMBER 10, 2020

bank connections are an ideal complement to Mazooma's ACH processing platform, risk management features and compliance protocols," he added. The new payments tool is now available for deposits and withdrawals on BetMGM's cashier. "Plaid's optimized user interface and U.S. percent to $80 million in April compared to $36.6

Payments 137

Payments Georgia Atlanta Risk Management 137

PYMNTS

MARCH 14, 2016

Supplier risk mitigation is key for any B2B trade deal, especially as these transactions grow across borders into uncharted territory with unfamiliar business partners. Online B2B eCommerce site DHgate.com is looking to ease anxieties of international trade by launching a trust and safety department.

Risk Management 100

Risk Management Tools Fraud System 100

PYMNTS

MAY 5, 2020

The good news, Pangretic added, is that consumers and businesses are getting better at detecting fraudsters trying to ply their trade across mobile and online transactions. Against that backdrop, he advocated that card programs embrace partnerships and outsource some risk management functions. Interacting With The Cardmember.

Cards 197

Cards Fraud Guidelines Mobile 197

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. They can also deploy tools like link analysis that help them establish connections between seemingly different fraud events. Otherwise, the fraud could continue unnoticed.

Fraud 245

Fraud How To Analysis Strategy 245

PYMNTS

JULY 2, 2020

If you’re an online merchant, you may be all too familiar with this drill. A shopper finds you online, finds a product to buy, fills their cart and hits the checkout button. He said that PayPal , over the course of its 20 years serving consumers and merchants online, has seen most online shoppers – and merchants.

Cards 228

Cards Online Payments Course 228

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

Insights on Business

MARCH 11, 2019

AI has found applications such as how we avoid traffic while navigating the physical world, to how we search for products online, to how we interact with virtual assistants in our homes and on our mobile phones. However, until recently, these advancements had been only marginally utilized within the risk and compliance groups.

Compliance 140

Compliance Risk Management Tools Survey 140

PYMNTS

JULY 23, 2019

The Hyderabad center, PayPal’s third technology center in India, will focus on data science, risk management and machine learning to help businesses protect themselves from fraud. The company acquired the fraud prevention platform Simility in 2018, which offered merchants customized fraud tools.

Data 134

Data Fraud Risk Management Google 134

PYMNTS

JANUARY 20, 2020

Visa’s culture that risk management is everyone’s responsibility, Fabara said, is a competitive advantage and a strategic weapon in the payment ecosystem’s fight against an ever-more sophisticated fraudster. When Risk Management Is a Mindset and Not a Business Unit. But everyone knows the job has to be done. “At

Security 168

Security Fraud Risk Management Payments 168

Abrigo

NOVEMBER 22, 2021

Consumer lending compliance — like other aspects of enterprise risk management at financial institutions — saw a huge impact from the COVID-19 pandemic. The Conference of State Bank Supervisors recently released an interactive tool to help lenders compare state consumer lending requirements. Credit Risk Management.

Compliance 195

Compliance Lending Risk Management Regulation 195

FICO

AUGUST 4, 2020

In today’s connected world, the need for effective vendor risk management is critical. Organizations need new tools that can help speed up the decision-making process, while having the confidence that these decisions can be backed by a complete and validated picture of vendor risk.

Security 52

Security Risk Management Cyber Security System 52

PYMNTS

JUNE 22, 2020

Bad actors, are, increasingly, targeting online card applications, using stolen personally identifiable information to apply for credit, leveraging those ill-gotten credit lines to make fraudulent purchases. Barrett told Webster the new risk solution provides a more complete and accurate picture of applicants’ identities.

Fraud 193

Fraud Cards Risk Management Customer Experience 193

PYMNTS

APRIL 6, 2017

The company said Wednesday (April 5) that it is rolling out its Origination Manager Essentials solution for mid-market banks and credit unions. The tool uses data analytics to provide a cloud-based, automated way for lenders to make loan decisions for their small business borrowers. ” .

Analytics 101

Analytics Tools Risk Management Management 101

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.

Fraud 208

Fraud Examples Data Tools 208

FICO

NOVEMBER 21, 2022

Innovation – AI and Decision Management Platform (*New category win for FICO). FICO is honored to be recognized for excellence in risk management and compliance and would like to congratulate all the winners for their best-in-class contributions across the risk management space. Darryl Knopp. See all Posts.

Report 52

Report Risk Management Compliance Analytics 52

CFPB Monitor

OCTOBER 11, 2018

At the Online Lending Policy Institute’s (OLPI) annual summit in Washington, D.C. Gardineer raised concerns about the application of bespoke capital, liquidity, and risk management requirements for SPNB charter applicants. Questions directed at Ms. A third summit speaker was Maria Vullo, DFS Superintendent.

Policies 60

Policies Lending Data Online 60

PYMNTS

JULY 8, 2020

The two executives said acquirers need to have better fraud management solutions than ever before, because the pandemic has prompted consumers to use credit cards for more online and app-based transactions. “We AI Also Helps Manage Credit Risk. Fighting Fraud in a Post-Pandemic World.

Fraud 274

Fraud Management Risk Management Company 274

PYMNTS

JULY 5, 2018

The complications — and opportunities — of turning that ruling into actual online commerce was the topic of a recent interview Karen Webster conducted with Zac Cohen, general manager at Canada-based consumer verification firm Trulioo. Now the compliance officers and risk strategists are gaining a seat at the table for that planning.”.

United States 103

United States Compliance Risk Management Online 103

Abrigo

NOVEMBER 2, 2022

Matt Johnner, BankLabs President and board member of Encore Bank, recommends that financial institutions look for a tool with online access for multiple stakeholders, including a portal for submitting inspection material and draw requests. Lending & Credit Risk. Credit Risk Management. Credit Risk Regulation.

Software 195

Software Lending Training Mobile 195

PYMNTS

MAY 22, 2019

The company announced in a press release Tuesday (May 21) that it will collaborate to provide cash management tools and financial education for the small business assistance network of Small Business Development Centers (SBDCs). “Effective cash flow management is essential for every small business in the U.S.,”

Resources 100

Resources Analytics Risk Management Community 100

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

JULY 18, 2017

Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. It’s reported that Upgrade’s loan volumes are growing and that it intends to add new asset managers to its roster over the next half year. Just ask any entrepreneur.

Lending 122

Lending San Francisco Online Risk Management 122

PYMNTS

OCTOBER 5, 2018

According to one industry overview , that makes at least four online sports betting providers that accept PayPal in that state, with another “coming soon.”. Payment processing has been among the chief dampeners of performance in New Jersey’s regulated online gambling market,” observed Legal Sports Report. Card Decline Rates. “At

New Jersey 148

New Jersey Payments Online Cards 148

PYMNTS

JULY 25, 2018

The court’s decision allows individual states to open online gambling to residents. The subsequent legalization of sports betting in states like New Jersey promises to be a game changer for the companies that help gamblers lay their money down online. Russell Medley, director of risk management and fraud for gaming website 888.com

Online 100

Online Regulation Fraud New Jersey 100

PYMNTS

JUNE 4, 2020

Some players in the space are now suggesting that open banking could be a tool to help FIs accelerate the know your customer (KYC) processes. FIs have long provided digital services, but many have designed these experiences for the customer demographics that most prefer online and mobile channels. Around The AML/KYC Landscape.

Report 158

Report Fraud Security Fintech 158

PYMNTS

APRIL 16, 2020

Deloitte, Unqork, Plaid Debut Lending-as-a-Service Tool. Designed to streamline the SMB loan distribution cycle, the lending-as-a-service tool integrates compliance controls with customizable business controls, while Plaid is enabling data integrations across a range of sources to bolster lenders’ underwriting processes.

Data 167

Data Lending Regional Fintech 167

PYMNTS

JANUARY 3, 2019

Still, even with such “recognition of the systemic risks” posed by “critical infrastructure” (risks that apply to multiple industries and consumer segments), “we as a country still have to figure out how to address those risks and prioritized efforts” at defense, Baich said. Winning The Battle. It is a battle that we can win?”

National 169

National Security Risk Management Fraud 169

PYMNTS

NOVEMBER 15, 2016

14) that the company is entering the small business finance space with a new platform that adds to its existing consumer lending, credit risk and portfolio risk management offerings for financial institutions. Reports said Monday (Nov.

Lending 100

Lending Big Data Risk Management Taxes 100

Abrigo

MARCH 24, 2023

Step two Identify inherent risk vs. residual risk Inherent risk is any activity or factor posed to the credit union, notwithstanding applying any management or risk mitigation tools. This example is a situation with a "high" inherent risk and "strong" mitigating controls.

Fraud 195

Fraud Compliance Examples Analysis 195