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Amazon One Lets Consumers Pay With Their Hand

PYMNTS

For now, the feature will only be available at two Amazon Go stores in Seattle, at 7th Avenue and Blanchard Street and its store in South Lake Union at 300 Boren Avenue North. But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said.

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The Problem With How Most Banks Use IP Address Checks To Fight Fraud

PYMNTS

The growing cost of online fraud – and finding ways to detect it – has long been a costly concern of financial institutions (FIs). He said banks and payment processors already have this technology on hand – they’re just not using it correctly. . If you beat the geolocation fraud, you beat all the fraud,” Briggs said.

Fraud 266
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Retailers Increasingly Turn To AI For Security And Efficiency

PYMNTS

Take the issue of retail security as one example. Implementing a layered anti-fraud approach that utilizes several technologies could help protect against bad actors looking for vulnerabilities. Based in Seattle and two years old, Xnor develops low-power edge-based AI. Retail Trust and AI. Grocery AI.

Retail 149
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Amazon Sues Two Firms Over Alleged Alexa Scam

PYMNTS

District Court in Seattle, alleges Washington-based Robojap Technologies and Quatic Software Solutions in Punjab, India have scammed Amazon users by offering help to install Alexa on their devices through fake websites and applications. The lawsuit, filed last week in U.S.

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IBM Signs On to Sponsor Bank Innovation Ignite

Bank Innovation

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

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Questions Being Raised About Viability Of The Cloud For FinServ

PYMNTS

The FBI arrested a Seattle area woman, Paige A. In fact, security professionals have been warning about it for years. Thompson even boasted about using techniques to access the sensitive data in online forums. Thompson, on a charge of computer fraud and abuse. The gap is not a surprise.

Capital 128
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INV Opens Demo Day to FI Attendees at Bank Innovation Ignite

Bank Innovation

INV Fintech, the technology accelerator run in partnership with Fiserv, has opened its Demo Day event to financial institution executives attending Bank Innovation Ignite. Previously, only INV Fintech members were permitted to attend Demo Day on March 11 in Seattle.