PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. A 2018 study on payment fraud mitigation reported that 75 percent of financial institutions (FIs) experienced fraud losses.

Analytics 141

Analytics Data Security San Diego 141

PYMNTS

JUNE 22, 2020

It’s the battle against fraud that can be lost right at the beginning. There’s increased urgency on the part of financial institutions (FIs) to spend more time and money on battling fraud at the point of onboarding, especially as card-not-present transactions surge in the lingering wake of the coronavirus. alone topped $10.2

Fraud 193

Fraud Cards Risk Management Customer Experience 193

PYMNTS

JUNE 8, 2020

Financial fraud prevention software and cloud company NICE Actimize has unveiled a deal to acquire Guardian Analytics. said the acquisition of Guardian Analytics should both strengthen and widen its appeal to financial institutions (FIs), particularly in the anti-money laundering (AML) arena. NICE Actimize, a unit of NICE Ltd.,

Analytics 130

Analytics New Jersey Fraud Risk Management 130

Celent Banking

MARCH 4, 2017

It is my privilege to be part of the judging panel for Celent Model Bank Awards for 2017 for the following three categories: Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity.

Risk Management 100

Risk Management Fraud Management Case Study 100

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. The rule of thumb here is that after committing account takeover fraud, those fraudsters lie in wait before using the stolen account.

Fraud 159

Fraud Risk Management Customer Experience Trends 159

Abrigo

MARCH 29, 2017

The goal is to do less work while managing an appropriate level of risk. Analytics can more effectively focus firm resources. Analytics can more effectively focus firm resources. Visualization has the potential to focus the firm on areas most subject to risk.

Analytics 150

Analytics How To eBook Fraud 150

PYMNTS

JANUARY 10, 2019

The enterprise is exposed to financial risks at just about every angle, with expansion across borders and into partnerships with unfamiliar firms upping the ante on both risk and reward. Analysts are urging corporates to enhance their risk management strategies in today’s particularly volatile climate.

Risk Management 185

Risk Management Strategy Management Analytics 185

PYMNTS

MARCH 19, 2018

These tactics cast a wide net of fraud over the fleet card industry – from issuers and acquirers to fleet managers, employers and employees themselves. Goldspink recently told PYMNTS that fleet card-related fraud goes far beyond skimmers at the POS.

Fraud 153

Fraud Cards eBook Data 153

PYMNTS

APRIL 29, 2019

Citi announced on Monday (April 29) the launch of NextGen, its artificial intelligence-powered risk analytics scoring engine. This will help the bank eliminate time-consuming manual processes and provide a better view of risk activities and insights. “We

Analytics 123

Analytics Compliance Innovation Operations 123

Chris Skinner

MARCH 8, 2016

Just had a great discussion about data analytics and visualisation at the SWIFT Nordics Conference in Oslo. During the discussion we talked a lot about data for risk management and how real-time tracking of payments could help identify suspicious activities from fraud and malware attacks to the possibility of AML and sanctions breach.

Risk Management 150

Risk Management Conference Analytics Fraud 150

PYMNTS

DECEMBER 30, 2016

Mike Vigue, vice president, product strategy, cyberfraud and risk management at B2B payments firm Bottomline Technologies , warns that ongoing use of paper checks, fraudulent emails and general ignorance of cyberthreats will continue to place businesses — and their payment activities — at the center of thieves’ targets.

Fraud 145

Fraud Security Survey Technology 145

Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Risk Management 221

Risk Management Compliance Fraud Operations 221

PYMNTS

NOVEMBER 12, 2019

To catch payments fraud, man and machine must work together. To that end, PSCU said last month that it has chosen NICE Actimize to modernize disputes management with the latter’s ActOne Extend — billed as an automated, artificial intelligence (AI)-powered investigations and case management platform.

Fraud 145

Fraud Payments Management Data 145

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? It helps BSA Officers and AML/CFT staff collect more data faster, giving them access to real-time analytics and helping them form data-driven strategies for combatting financial crime. So, what are the other benefits of regtech for banks?

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Would you like other articles on fraud and AML/CFT compliance in your inbox? It helps BSA Officers and AML/CFT staff collect more data faster, giving them access to real-time analytics and helping them form data-driven strategies for combatting financial crime. So, what are the other benefits of regtech for banks?

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

JANUARY 10, 2018

Oversight Systems has updated its Insights On Demand software-as-a-service (SaaS) solutions to provide managers with quicker ways to identify expense report fraud. businesses lose $1 billion every year due to employee expense fraud. In an announcement on Tuesday (Jan. Oversight cited data from JPMorgan, which estimated U.S.

Fraud 100

Fraud Tools Policies Risk Management 100

PYMNTS

NOVEMBER 30, 2020

As criminals relentlessly target financial systems, organizations require cutting-edge technology for fraud detection and risk management,” said Kurt Guenther , CSI’s group president of business solutions. “By Headquartered in Kentucky, CSI works with financial institutions (FIs) across the country to provide FinTech solutions.

Kentucky 159

Kentucky Fraud Risk Management Analytics 159

Insights on Business

MAY 6, 2019

Payment fraud detection has always had a bit more latitude than its counterparts in anti-money laundering, customer due diligence and even trade surveillance compliance. Unlike the latter areas, fraud prevention is an area not as heavily governed by regulations or specific rules of what a financial institution should or should not allow.

Fraud 102

Fraud Regulation Compliance Analytics 102

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. They help manage and shape strategy in volatile economic and industry conditions.

Report 195

Report Risk Management Capital Data 195

PYMNTS

NOVEMBER 1, 2020

Banks and corporates can use it to help reduce the risk of ATM security breaches, money laundering and fraud. ThetaRay only entered the market last year and works with artificial intelligence (AI)-based analytics to find suspicious behavior and real-time anomalies, working to find risks, the release stated.

Fraud 160

Fraud Risk Management ATM Analytics 160

PYMNTS

OCTOBER 25, 2017

There are different levels of fraud management an organization can implement, from completely in-house to completely outsourced. But for a company planning to build an internal team to manage and prevent fraud 24/7, it’s important to understand the value and limitations of this approach.

Fraud 101

Fraud Management Tools Analytics 101

PYMNTS

SEPTEMBER 14, 2016

ACI Worldwide advises that, as the world moves toward immediate payment ecosystems, a holistic view of the transaction, with layered controls from origination to the application of real-time rules, is the only way to push the pedal to the metal on faster payments and put the brakes on fraud. million in 2007 to £52.5

Fraud 100

Fraud Payments Customer Experience Exercises 100

PYMNTS

JANUARY 23, 2020

With immediate settlement, funds can be cashed out in seconds and businesses will see advanced processing, fraud reduction and more. “In It is a completely new way of thinking about payments,” said MUFG Managing Director and Head of Product, Innovation and Risk Management, Transaction Banking Americas Ray Fattell. .

Payments 141

Payments Fraud United States Analytics 141

Abrigo

DECEMBER 5, 2023

Financial services experience: Practical experience in the banking or financial sector, especially in compliance, risk management, or auditing roles, is invaluable for a BSA Officer. You might also like this webinar , "Pros and cons of combining BSA and fraud departments."

Training 221

Training Compliance Regulation Software 221

Abrigo

AUGUST 30, 2024

Capital rules are also being reassessed for members and the FHLB themselves in an effort to ensure greater financial stability and risk management. Liquidity management policies of the FHLBs and members are under scrutiny to allow for better management of risks associated with market volatility and changing interest rates.

San Francisco 195

San Francisco Risk Management New York Capital 195

FICO

MARCH 26, 2018

In many financial institutions, different products and/or channels are often managed by different teams. For fraud management, this means the people managing card fraud are not engaged in managing ACH payment fraud, and the person worrying about customer experience is not the person awake at night with fraud worries.

Fraud 86

Fraud Management Strategy Analytics 86

Abrigo

DECEMBER 19, 2022

Takeaway 1 Effective AML/CFT programs require ongoing training to keep AML and fraud staff compliant. Training materials for anti-money laundering & fraud professionals. Below are some of the most popular resources to help fight money laundering and fraud in 2022. Complimentary AML info.

Resources 195

Resources Training Fraud Compliance 195

PYMNTS

MARCH 20, 2020

For lenders, unlocking data also means strengthened fraud mitigation. “Early warning indicators and data validation from multiple sources provide an opportunity for lenders to create a positive dialogue where they both manage their position between and improve customer experiences.” ” The U.S.’s ” The U.S.’s

Lending 233

Lending Data User Experience Fraud 233

PYMNTS

JUNE 21, 2017

Enova Decisions , an analytics and digital decisioning solution provider, has announced the launch of its new “decision flow starter kits,” a new tool that will enable companies to achieve such goals as improved detection of application fraud and smarter credit approvals.

Analytics 129

Analytics Fraud Tools Data 129

Banking Exchange

DECEMBER 15, 2020

How leveraging more data and advanced analytics can help financial institutions sharpen their transaction monitoring programs and aid law enforcement Compliance Risk Management Customers Operational Risk Compliance Management Compliance/Regulatory Cyberfraud/ID Theft AML & Fraud BSA/AML Security Feature Feature3.

Risk Management 88

Risk Management Compliance Analytics Fraud 88

Abrigo

MAY 9, 2022

The COVID-19 pandemic has substantially increased the need for fraud detection across the country, with hard dollar losses keeping financial organizations on their toes. As a matter of sound risk management, you would not turn a new employee loose without vetting their qualifications or checking their work. Fraud Prevention.

Compliance 195

Compliance Fraud Regulation Resources 195

Insights on Business

OCTOBER 21, 2017

Promontory Financial Group, an IBM subsidiary that specializes in risk management and regulatory compliance, has trained Watson on regulatory content. He has personally driven strategic transformation initiatives by leveraging cognitive & advanced analytics at major financial institutions in the recent past.

Compliance 105

Compliance Leadership Risk Management Georgia 105

FICO

DECEMBER 1, 2020

I’m delighted to announce that FICO has been named as the Category Leader for Financial Crime - Enterprise Fraud in the recently published 2021 Chartis RiskTech 100. Additionally, FICO was recognized as one of the top six overall risk management technology vendors and won Category Leader for AI Applications. by Doug Clare.

Fraud 59

Fraud Risk Management Analytics Management 59

Insights on Business

AUGUST 28, 2019

In our webinar yesterday, the first in the series AI Fraud Detection — Beyond the Textbooks , we ran out of time and weren’t able to address some great questions we had from the audience. What rules or models can you recommend to detect push-payment fraud”? Here’s why: All fraud models are predictors. Great question!

Fraud 93

Fraud Training Cards Data 93

FICO

APRIL 4, 2018

He caps a program with more than 70 sessions on AI, analytics, machine learning, cybersecurity, fraud detection and risk management. FICO is proud to have Garry Kasparov as our closing keynote speaker at FICO World 2018 , April 16-19 in Miami Beach.

Meeting 94

Meeting Miami Risk Management Analytics 94

PYMNTS

NOVEMBER 30, 2018

HSBC , one of the largest banks in the world, wants to launch its new cloud-based anti-money laundering risk management system by next year, according to Reuters.

Google 179

Google System Data Risk Management 179

Abrigo

SEPTEMBER 7, 2023

Understanding concentrations Portfolio insight 5 Dashboards for lending & credit leaders Credit analytics – Credit migration Trending migrations within a credit risk indicator can help an institution identify if the portfolio or a certain market or product is starting to trend in a riskier direction. Watch this video to learn more.

Report 195

Report Lending Trends Data 195