PYMNTS

OCTOBER 2, 2017

Most of the time, BitSight concluded, banks and other FIs aren’t holding their financial supply chains up to the same security standards as they hold themselves. Organizations should scrutinize the security culture and controls of their third and fourth parties. Significant portions of these players are also still using Windows Vista.

Risk Management 129

Risk Management Security System Software 129

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. V-CIP’s biggest advantage is the elimination of risks associated with secure transmission and storage of documents.

Video 175

Video Capital Lending Security 175

PYMNTS

JUNE 4, 2020

The June AML/KYC Tracker ® explores these and other methods that financial services companies are adopting as they work to make their security efforts both faster and more accurate. Why Tightening Security Will Advance Open Banking. Around The AML/KYC Landscape. Get the full story in the Tracker. Get the full story in the Tracker.

Report 158

Report Fraud Security Fintech 158

PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. PYMNTS: What does a day in the life of a chief risk officer look like? At TNS, this includes managing compliance with regulatory requirements, such as PCI standards, card scheme rules and SSAE16 reports.

Risk Management 100

Risk Management Compliance Management Meeting 100

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . Card not present fraud’s growth is] a combination of two things,” he said.

Fraud 120

Fraud Retail Cards National 120

Abrigo

APRIL 1, 2015

Lynn McKenzie and Edmund Green of KMPG recently contributed an article to Bank Director on how boards can challenge their banks’ management on risk. If the bank isn’t required to maintain a risk committee (under $10 billion in assets), is there an appropriate degree of focus and attention on risk management?

Risk Management 150

Risk Management Community Bank Regulation Boston 150

FICO

AUGUST 28, 2018

Aspen operates at a non-admitted basis for cyber–and we do have the secret sauce!” We do see real value to our methodology, which is differentiated for a number of reasons including our use of the FICO Enterprise Security Score. The post Scoring Cyber Risk: The FICO® Enterprise Security Score appeared first on FICO.

Security 53

Security Policies Industry Michigan 53

Insights on Business

JUNE 18, 2018

Some important financial technologies are changing the way the world is doing business and that change is now reaching the securities industry. This presentation will outline the evolutionary pressures that are driving further advances in AI technology, and more importantly, the evolving role of AI in our lives.

Conference 70

Conference Fintech blockchain Compliance 70

PYMNTS

MAY 20, 2020

As Rahul Pangam , vice president of risk strategy at PayPal’s fraud prevention company Simility , told Karen Webster in an interview, “fraudsters are fraudsters — and sometimes they get new avenues to do what they do. Unfortunately, this current environment presents some of those opportunities.”.

Fraud 208

Fraud Examples Data Tools 208

FICO

NOVEMBER 23, 2021

He has held various roles in product development, risk management, software development and consulting for banks, hedge funds and software firms, including Standard Chartered Bank, TCG Group, HCL and Cognizant. Sid’s analyst research is focused on the intersection between risk management and high-performance analytics.

Meeting 52

Meeting Analytics Risk Management Management 52

PYMNTS

SEPTEMBER 9, 2019

Settling the tens of thousands of claims and paying out those funds to all the consumers and businesses who need them will present a series of operational challenges over the next several weeks and even months, Ingo Money EVP and CPO Lisa McFarland told PYMNTS in a recent conversation. Overcoming the Challenges.

Payments 171

Payments Industry Cards United States 171

Abrigo

DECEMBER 5, 2016

Demand for effective cyber risk management is so strong that the AICPA is developing common criteria for CPAs to use as they help clients evaluate their programs and efforts. I know a lot of people do not take security awareness seriously, but for Sageworks, the No. Develop a security awareness program.

Cyber Security 150

Cyber Security Security Software Meeting 150

FICO

SEPTEMBER 18, 2020

For the second year running, FICO has been named as category leader in the recently published Chartis ‘Cyber Risk Quantification Solutions 2020: Market Update and Vendor Landscape’ report. As the report shows, the market for Cyber Risk Quantification Solutions (CRQ) continues to show rapid growth.

Cyber Security 52

Cyber Security Risk Management Analytics Data 52

PYMNTS

JULY 3, 2017

So-called “cheap flight” operators were once notorious for drip pricing, with the Office of Fair Trading (OFT) estimating that the airline industry alone was charging consumers £300 million a year (that’s $379,672,500 USD) in card surcharges at its peak. Consumer Demand and the Globalization of Travel. Complex Cross-Border B2B Payments.

Online 112

Online Payments Fraud Cards 112

PYMNTS

OCTOBER 24, 2018

23) it had debuted Sift Insights, billed as a reporting suite that offers a view of how fraud hits corporate top and operating lines, and impacts customer experience. The firm’s latest movement in real-time fraud analysis comes as the company also offers insight, via a white paper, into “10 Fraud Myths” commonly held by risk professionals.

Fraud 159

Fraud Risk Management Customer Experience Trends 159

Insights on Business

OCTOBER 16, 2018

The IBM team will present on a variety of topics ranging from AI to the future of payments to the current trends in financial services. For those in marketing, data and analytics roles who have business operations responsibility. Craig Rector, IBM Offering Management, Commercial Payment Solutions. 12:00-12:55 PM. 10:45-11:30 AM.

Fraud 117

Fraud Customer Experience Analytics blockchain 117

Filene

JANUARY 26, 2016

PRESENTATION SLIDES ARE AVAILABLE BY CLICKING ON THE NAME OF THE PRESENTER BELOW. Everyone with a network connection -- you, your employees, and your members -- is at risk, and credit unionsare tempting targets. Theran Colwell, CUNA Mutual Group, Director, Risk Management Commercial Products. AFTERNOON.

NJ 48

NJ Risk Management Seattle Groups 48

Insights on Business

MARCH 6, 2019

Sonali Bhavsar, IBM Associate Partner in Watson FSS Industry Platforms presented “ Harnessing Advanced Technologies to Meet Modern-Day Surveillance Challenges.” In her presentation, Ms. Making a change from current operations to enhanced technology and broadened data is a journey. The future of surveillance.

San Francisco 93

San Francisco social media Technology Meeting 93

PYMNTS

SEPTEMBER 11, 2017

The data exposed included driver’s license and Social Security numbers. . No one, of course, can get a new Social Security number or date of birth. In satisfying that first step, Hall said, names, dates of birth and Social Security numbers still prove useful. . Those things are immutable and true facts and identifiers.

Fraud 136

Fraud Data Course Security 136

FICO

MAY 2, 2019

As the US transitioned to hard-to-counterfeit EMV payment card technology several years ago, criminals flocked to card not present (CNP) fraud , often combining identity fragments and card numbers stolen in breaches to make illicit purchases online. Sometimes these parties are business partners operating in the same automotive ecosystem.

Fraud 70

Fraud Data Cyber Security Risk Management 70

Independent Banker

SEPTEMBER 25, 2014

Saving money by conducting inside risk management and compliance reviews. As a group, community banks spend substantial funds hiring outside consultants to help with various management functions, and a substantial share of dollars are spent to help oversee their risk management and compliance activities.

Community Bank 70

Community Bank Compliance Risk Management Community 70

FluentBanking

JUNE 25, 2021

The primary function of the treasury department is to manage all funds of the Bank as well as to play an important role in the money market of the country. The core objective of the unit is to predict and find solutions to future risks as well as deal with present areas which may contain risk for the Bank.

Management 52

Management Compliance Software Operations 52

FICO

JANUARY 24, 2018

At Advisen, our team was again on hand to showcase the FICO® Enterprise Security Score (ESS), and what a difference a year makes! In 2016, FICO was still a relatively new player in the cyber and enterprise security space. FICO ESS is a powerful risk mitigation tool. Barbican has partnered with FICO to assist in the effort.”

Conference 55

Conference Customer Experience Maine Exercises 55

CFPB Monitor

NOVEMBER 29, 2021

President’s Working Group on Financial Markets, which delineated perceived risks associated with the increased use of stablecoins and highlighted three concerns: risks to rules governing anti-money laundering (“AML”) compliance, risks to market integrity, and general prudential risks.

Compliance 78

Compliance cryptocurrency Regulation FDIC 78

Abrigo

MAY 22, 2024

The piece covers: Statistics on small business lending and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. CFIs can navigate the complexity, but.

Lending 195

Lending St. Louis Community Marketing 195

PYMNTS

JANUARY 5, 2017

Researchers champion digital payments as a way to combat the security, speed and efficiency problems associated with paper checks. Simply put: Crooks love checks,” Mike Vigue, VP of product strategy, cyberfraud and risk management at B2B payments company Bottomline Technologies, told PYMNTS.

Payments 100

Payments Survey Fraud Software 100

PYMNTS

JANUARY 30, 2020

In other words, money transmitters must monitor the “pay out” risk just as much as “pay in” risk. Butler noted that aggregators and software companies can also examine ways to improve security by removing cardholders’ PII data from the equation. The Partnerships.

Payments 143

Payments Software Management Technology 143

Abrigo

APRIL 22, 2024

The piece covers: The small business lending market and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. A majority of applicants sought less than $100,000.

Lending 243

Lending St. Louis Community Marketing 243

Gonzobanker

DECEMBER 22, 2020

By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). The Future is Now Award Goes to contactless cards and card-not-present payments.

Idaho 172

Idaho Community Industry Strategy 172

Jack Henry

APRIL 30, 2014

In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks. One such attack by the group Unlimited Operations was able to net over $40 million.

Fraud 88

Fraud Cyber Security ATM FDIC 88

Independent Banker

NOVEMBER 25, 2015

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. These insights emulate relationship banking.

Community Bank 70

Community Bank Community Analytics Lending 70

PYMNTS

APRIL 30, 2019

Writ large, said Eleveld, the payments industry will likely see card-not-present fraud shift from Europe to more distant shores, where less strict authentication processes are in order. Everybody in the chain is going to work through the SCA requirements while introducing as little friction as possible inside the operating envelope of PSD2.”.

Fraud 171

Fraud Online Cards Payments 171

FICO

JULY 13, 2020

But for criminals, working individually or in fraud rings, these vehicles (or any vehicle, for that matter), present an attractive opportunity: finance the vehicle, sell it illicitly, and pocket the cash. Crime syndicates and gangs operate at a larger and more sophisticated level. That’s as much as many Mercedes-Benz models !

Fraud 52

Fraud Analysis United States Risk Management 52

FICO

DECEMBER 23, 2020

Improving access to quality data will be prioritized to take advantage of the opportunities presented by artificial intelligence and machine learning. So will high-risk products/services such as correspondent banking and trade finance transactions. Machine Learning Will Play a Great Role in Fighting Money Laundering.

Compliance 52

Compliance Regulation Data Risk Management 52

PYMNTS

AUGUST 30, 2018

Banks can be reluctant to take on small players, generally preferring to work with larger, more stable and secure enterprises. It’s an understandable position, Byrne noted, as small businesses are higher-risk because so many are harder to recruit onto any platform. and Europe, Byrne noted, was just simple access.

ATM 105

ATM Cards Payments Case Study 105

PYMNTS

JANUARY 20, 2020

Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Regardless of the product or initiative, every conversation starts and ends with a single overriding question: “Is it secure?”. When Risk Management Is a Mindset and Not a Business Unit.

Security 168

Security Fraud Risk Management Payments 168

FICO

JUNE 30, 2016

It will be effective in 2020 for Securities and Exchange Commission registrants, and in 2021 for all others. Another lesson learned from the financial crisis was that bank’s IT and data architecture were inadequate to support the management of broad financial risks. The final CECL standard was issued on June 17, 2016.

Compliance 45

Compliance Management Data Risk Management 45