Abrigo

MARCH 18, 2025

checks, debit/credit cards, wire transfers, digital wallets) Clearing and settlement mechanisms for processing transactions accurately and securely Payment systems are critical to the nations financial infrastructure and are vital to the financial stability of the U.S. Payment card networks in the U.S. accounts reached 387.7

System 195

System Payments Fraud Regulation 195

PYMNTS

MAY 5, 2020

In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction. Interacting With The Cardmember.

Cards 197

Cards Fraud Guidelines Mobile 197

PYMNTS

DECEMBER 16, 2016

In a press release, the CFPB said the beta version of the tool encompasses the mortgage, credit card, auto loan and student loan markets. The beta version of the Consumer Credit Trends tool tracks originations for mortgages, credit cards, auto loans and student loans.

Tools 100

Tools Risk Management Cards Management 100

South State Correspondent

JUNE 20, 2024

Banks don’t have enough product managers. A manager may oversee the operation of a product, but few banks have product managers who drive product development and performance. This article further explores what it means to be a bank product manager. What is Bank Product Management?

Management 195

Management Training Strategy Compliance 195

PYMNTS

JANUARY 18, 2021

Such touchless payment options are being used alongside traditional ones like credit cards and checks. This means treasury departments must have back-office integrations that can enable them to manage payments across various channels. Each company’s risk management approach must therefore be tailored to its specific business needs.

Analytics 319

Analytics Data Risk Management Management 319

PYMNTS

SEPTEMBER 2, 2020

Growth equity firm TCV has acquired spend management tech firm Oversight , according to a press release emailed to PYMNTS, and will help Oversight expand its product innovation for enterprise risk management solutions. Oversight CEO Terrence McCrossan said the acquisition by TCV would be a boon for his company.

Management 151

Management Risk Management Fraud Innovation 151

Abrigo

FEBRUARY 28, 2025

Skimming Fraudsters install hidden devices on ATMs, point-of-sale (POS) terminals, or fuel pumps to steal credit or debit card information. The technology used to perpetrate financial crimes may be changing, but these common fraud typologies aren't going anywhere. 880,418 c omplaints were registered, with potential losses exceeding $12.5

Fraud 221

Fraud social media Training Community 221

PYMNTS

MARCH 26, 2020

A card is used for payouts into any bank account, digital wallet or agent locations supported by Western Union. Western Union recently partnered with Integral for a new risk management mechanism called Integral BankFX. A pilot of the new channel is being introduced in Austria, Belgium, Italy, Portugal and Oman.

Video 286

Video Tools Risk Management Guidelines 286

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. But the commercial card is hardly the most preferred method of payment for suppliers, and that fact could mean adoption challenges for MineralTree and Visa’s new tool. Buyer Control.

Cards 183

Cards Payments Tools Risk Management 183

The Paypers

OCTOBER 24, 2024

Ingo Payments and Sardine have partnered to offer instant, risk-managed account funding via card and ACH, with the added option of a zero-liability fraud guarantee.

Risk Management 68

Risk Management Management Payments Fraud 68

PYMNTS

NOVEMBER 12, 2020

Mastercard’s Vocalink’s clearing and settlement solution supports Payments Canada requirements, including ISO 20022 and the Bank of Canada’s risk management standards. “As

Payments 345

Payments Innovation Risk Management System 345

PYMNTS

MARCH 19, 2018

Credit card skimmers are a headache for fuel retailers, but there is more than one way that fraudulent actors can target fleet spend. In addition to stolen credentials and skimmed cards at the fuel point-of-sale, employees are often able to overspend with their commercial fleet card products, or file fraudulent expense reports.

Fraud 153

Fraud Cards eBook Data 153

PYMNTS

MARCH 4, 2020

The biggest news from the commercial card world this week came from American Express, which is facing allegations that it mistreated small business customers to hike card approval numbers. According to Bloomberg reports this week, American Express is the largest commercial card issuer on the planet, with a market value of $92 billion.

Cards 141

Cards Google Management Fintech 141

Abrigo

JANUARY 22, 2024

Takeaway 2 Examiners' focus is on risk management related to products and services , especially those involving complex technologies like AI. First, they must evaluate whether their institution is prepared to insert AML risk management procedures into the transaction process to match the speed FedNow can offer.

Fraud 221

Fraud Risk Management Training Software 221

Abrigo

DECEMBER 17, 2019

Carding shops offer bulk sales on compromised payment card data. Carding shops are underground marketplaces that traffic in compromised payment card data. These marketplaces facilitate the movement of compromised payment card data from hackers to fraudsters, often across faraway geographies. Fraud Prevention.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

FEBRUARY 10, 2020

Stevens will oversee product delivery and management, as well as its innovation teams. She will also manage the PSCU’s strategic partnerships, and its Enterprise Project Management Office. He handled all aspects of payment operations, including strategic planning, innovation and risk management.

Innovation 210

Innovation Leadership Washington Cards 210

Perficient

APRIL 18, 2024

For example, switching checking accounts to one with a better interest rate involves resetting direct deposits and recurring bill-paying, printing new checks, and obtaining a new ATM card.

Cards 221

Cards Data Regulation Apple 221

PYMNTS

MAY 27, 2020

This week’s look at the latest in payments rails innovation finds players including Mastercard, Aflex and Paycor targeting existing card and ACH rails to expand their use for corporates, with a focus on reconciliation, data capture and transparency. Adflex Eyes Card Rails For B2B. Paycor Certified By NACHA.

Payments 231

Payments Cards Resources Compliance 231

PYMNTS

NOVEMBER 19, 2019

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. Do FIs want to navigate card programs through that?”.

Cards 140

Cards Apple Data Innovation 140

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. You want to be able to manage credit for the lifecycle of the user,” Jha said.

Fraud 274

Fraud Management Risk Management Company 274

PYMNTS

APRIL 15, 2020

The advent of COVID-19 , Fiserv ’s Vice President of Risk Analytics and Strategy Kannan Srinivasan and Vice President of Fraud and Financial Crimes Management Gasan Awad told PYMNTS, didn’t introduce these things – but it did create a perfect storm of factors that is now pushing these fraudsters into overdrive. Powering A Fast Pivot.

Fraud 201

Fraud Risk Management Security Cards 201

PYMNTS

SEPTEMBER 24, 2020

New moves from automakers and credit card companies are pushing vehicle commerce — or v-commerce — forward with new data showing it could reach critical mass by the end of the decade. This collaboration represents a new method for payment authentication that will simplify the payment management of any vehicle.

Risk Management 249

Risk Management California Payments Conference 249

PYMNTS

NOVEMBER 20, 2019

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

Cards 117

Cards Risk Management Study Payments 117

PYMNTS

JUNE 26, 2020

Our priority is ensuring people are able to continue to use their cards,” Mastercard said. “We The deal provided global FinTech startups with access to services from banking to software and payment solutions, risk management and card issuing from a single source. billion that may not exist.

Risk Management 254

Risk Management Fraud System Report 254

PYMNTS

OCTOBER 1, 2020

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company. In June, Visa signed an acquisition agreement with Verifi.

Fraud 183

Fraud Los Angeles Idaho Risk Management 183

PYMNTS

OCTOBER 25, 2017

25), TSYS reported earnings results that showed organic revenue growth across its payments processing and card segments. During the call, Troy Woods stated that key technology initiatives in the issuer segment included technology tied to fraud and risk management. Management said both retail and direct channels showed growth.

Cards 137

Cards Fraud Risk Management Conference 137

PYMNTS

MAY 27, 2020

That includes catching when data stolen via one banking channel is being used to enable ATOs in other channels, according to Daniel Cohen, head of anti-fraud products and strategy at risk management solutions provider RSA. Otherwise, the fraud could continue unnoticed. FIs can also help in the fight against CNP fraud.

Fraud 245

Fraud How To Strategy Analysis 245

PYMNTS

NOVEMBER 17, 2017

One area of (overlooked) potential lies with credit cards. Issuing cards and creating a payments strategy, he said, can help community banks innovate in effective and exciting ways. The hesitation of some banks to issue cards is tied, in part, to the acknowledgement that “a credit card is a complex product in itself.

Community Bank 115

Community Bank Community Cards Lending 115

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

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

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. database that includes virtually all new (and past) card applications from Visa issuers. alone topped $10.2 billion last year.

Fraud 193

Fraud Cards Risk Management Customer Experience 193

PYMNTS

NOVEMBER 6, 2020

COVID-19 has shifted consumers away from card-based payments experiences, while P2P has accelerated a change enabling merchants to own the payments experience itself, Debbie Guerra , executive vice president of merchant and payments intelligence solutions at ACI , told PYMNTS in a recent interview. Payments Flexibility .

Payments 274

Payments Cards Fraud Retail 274

PYMNTS

MAY 7, 2020

Risk management and payment technology provider linked2pay has debuted a new service, CustomerConnect, that is intended to cut down on late invoice payments, according to a press release. As such, virtual cards are becoming a critical and strategic B2B payment method for both buyers and suppliers.

Risk Management 150

Risk Management Cards Software Payments 150

PYMNTS

JANUARY 15, 2019

Wells Fargo also reported single-digit gains in credit and debit cards. The bank also reported general purpose credit card point-of-sale (POS) purchase volume of $20.2 Debit card POS purchase volume, meanwhile, reached $89.8 Credit card loans increased $1.2 Credit card loans increased $1.2 percent to $86.4

Cards 115

Cards Conference Risk Management Mobile 115

PYMNTS

SEPTEMBER 11, 2018

Those uncertainties, however, can increase foreign exchange rate volatility, according to Volopa ‘s Managing Director Graham Smith and Director of Business Development Jay Wissema. While businesses of all sizes are perking up to their exposure to FX volatility risk, not everyone is aware of how to address it.

Management 100

Management Cards Tools Survey 100

PYMNTS

SEPTEMBER 11, 2018

According to Jay Wissema, director of business development at cross-border payment solutions provider Volopa, recent events in the global markets have heightened awareness of the importance of foreign exchange volatility risk mitigation.

Tools 100

Tools Management Strategy Survey 100

Payments Source

FEBRUARY 21, 2020

billion cash-and-stock deal for CardWorks, which offers unsecured credit cards among other products, places a high price tag on a traditionally risky product. Ally Financial's recently announced $2.65

Cards 140

Cards Security Risk Management Management 140