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Affinity Federal Credit Union On The Importance Of Accelerating Digital Transformations

PYMNTS

The CU, which has 20 branch locations within the tri-state area that includes New York and Connecticut, has upgraded its automated services to incorporate integrated cloud-based technologies and environments that involve artificial intelligence (AI). Embarking On A Digital Transformation.

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Banks Fight Back Against ‘Fake Grandchild’ Scammers Who Target Seniors

PYMNTS

Get ready for even more fake grandchildren when it comes to payments fraud. Sure, younger consumers justifiably get a lot of attention in the worlds of payments and commerce, given their earnings and earning potential, and their willingness to adopt new retail and financial technology. Fresh statistics from the U.S. But the U.S.

Fraud 187
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Dr. Alexa? How Voice Assistants Can Cure Patient Billing’s Ills

PYMNTS

Global technology market advisory company ABI Research recently asserted that cities may not be sufficiently investing in IoT security even as they deploy more and more of the technology. The September IoT Tracker explores recent 5G explorations and IoT applications and limitations. Around The IoT World. Two Democratic U.S.

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Do Consumers Own Digital ID Algorithms? Look To Illinois.

PYMNTS

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Six Flags Case.

Illinois 161
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Mobile Payments Fraud: How Strong Is Your Defensive Line?

FICO

Seeing the flutter of sawbucks gave me a flashback to one of my first payments memories, from the early 1980s, when the Connecticut Bank and Trust Co. However, as a payments professional in the business of preventing fraud, I’m not just impressed at how easy this new ATM technology is to use. appeared first on FICO.

Fraud 64
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College Pays Off Hackers With $28K In Bitcoin

PYMNTS

Joseph Moreau, vice chancellor of technology at Foothill-De Anza Community College District in Silicon Valley, was quoted as saying : “Ransomware has rapidly risen, from my perspective, to be one of the foremost threats we’re facing in information technology, anywhere, let alone in higher ed.”.

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Connecticut orders fintech to repay $843K to defrauded investors

American Banker

The state's banking commissioner said the married founders of Valuex Research and Valuex Fintech used investor money for rent, plastic surgery and shopping instead of funding a promised investing tool.