PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. In life, 40 percent of anything is a lot. And the frustration level has grown.

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Online Security Course Mobile 153

PYMNTS

NOVEMBER 13, 2020

Multifactor authentication (MFA) and biometric scans are quickly becoming the norm in numerous fields, including online accounts for banks and other businesses. The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. More than 6.2

Fraud 242

Fraud US Mobile Study 242

PYMNTS

APRIL 11, 2019

Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. First, he wants people to know what the growth of online alcohol sales really means, so no one carries around misconceptions. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

AUGUST 3, 2020

Scandal-plagued German FinTech pioneer Wirecard counted among its payments processing clients an online casino that laundered money for an arm of “one of Europe’s most dangerous mafia organizations,” the Financial Times reported on Monday (August 3).

Regional 362

Regional Online Fintech Report 362

PYMNTS

SEPTEMBER 29, 2020

The service is designed to be highly secure and uses custom-built algorithms and hardware to create a person’s unique palm signature.”. Instead, he said, the palm images are encrypted and stored online. The initiative comes as shoppers continue to explore contact-free payment technology.

San Francisco 349

San Francisco Seattle Missouri Chicago 349

Perficient

FEBRUARY 13, 2021

For organizations using Teams Calling, it is recommended to start notifying your users about this new capability and update your training and documentation accordingly. Well, if you’d like to manage this capability you can do so by enabling or disabling this add-in for individual users via PowerShell (documentation coming soon).

Meeting 520

Meeting Policies Groups Training 520

PYMNTS

APRIL 8, 2020

Consumers have the potential to grow impatient if it takes more than a single click or tap on a screen to complete a purchase when they shop online. For all their shortcomings, paper checks provide a measure of comfort and security, especially in dealing with large sums. Yet, this sense of security is in many ways a false one.

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Study United States Innovation Security 224

PYMNTS

JUNE 8, 2020

He made those remarks at an online panel discussing the future of the world beyond the coronavirus pandemic, saying that new digital forms of currency may be able to sidestep the long-held throne of traditional cash and card payments.

blockchain 338

blockchain cryptocurrency Maine National 338

PYMNTS

APRIL 9, 2019

Security researchers at Kaspersky Lab revealed at the Kaspersky Security Analyst Summit in Singapore that a dark net marketplace in which hackers are selling digital fingerprints has emerged. Operators of the marketplace sell the data to cybercriminals who use it for identity theft, online fraud, and other crimes.

Fraud 235

Fraud Security Operations System 235

PYMNTS

SEPTEMBER 6, 2019

Unscrupulous practices can tarnish a brand that acts as an online marketplace facilitator. percent of sharing economy platforms require new users to verify their identities by submitting identification documents online. percent of those asked to present physical identification documents in person at brick-and-mortar locations.

Security 125

Security Data Online Regulation 125

PYMNTS

SEPTEMBER 25, 2019

And it may be the case that in the tradeoff between convenience and security, companies would do well to start looking harder into whether identity verification efforts need to be stepped up a bit, even if that means injecting friction into the equation. But raising the bar higher for fraudsters can be an effective line of defense.

How To 189

How To Security Fraud Mobile 189

PYMNTS

OCTOBER 8, 2018

That’s the number of transactions done online that are fraudulent. In a discussion ahead of the webinar, scheduled for Wednesday with PYMNTS’ Karen Webster, Trilli noted that the one in 60 number is testimony to the fact that “everything is going online” as we conduct business. If it were the lottery, one might play those odds.

Online 178

Online Data Fraud Security 178

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. While the FDA decision shows that the U.S., Authentication Process.

Online 152

Online Retail Regulation Trends 152

Perficient

FEBRUARY 27, 2024

Document Digitization and Data Fabric: Empowering Accessibility Document digitization and the establishment of robust data fabrics empower insurers with comprehensive data records and accessibility. By digitizing documents, insurers can reduce expenses associated with physical storage and streamline information retrieval processes.

Trends 221

Trends Industry Operations Customer Experience 221

PYMNTS

JULY 19, 2020

Plaid, according to the court document, describes itself as an infrastructure company, according to co-founder Zach Perret. This does not capture the full picture of what the company’s “true purpose” is according to the document: “invading consumers’ privacy for profit,” the document reads. billion, PYMNTS reported.

California 207

California Data Software Report 207

PYMNTS

SEPTEMBER 16, 2020

We may be wondering what’s on the other side of commerce, banking, and “normal” life after the pandemic — but rest assured it will be done (at a significant and accelerating pace) online. Online identity verification has many forms,” Laing told PYMNTS. We’re trying to protect both the consumer and the merchants serving them.".

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Online United States Regulation Fraud 263

PYMNTS

JUNE 26, 2020

To that end, Rently , an online platform, helps tenants find properties and allows them to “self-tour” — on premise — without the need for in-person interaction from the owners or agents. “We believe renters and home buyers should be able to easily, instantly access a property in a safe and secure way,” Sanchez told PYMNTS. “And

Operations 278

Operations Tools Security Management 278

Abrigo

AUGUST 29, 2022

Takeaway 3 Minimize institutional risk by digitally tracking and safeguarding critical loan documentation, giving customers peace of mind. In recent years, digital signatures have been widely accepted as the most advanced, secure, and effective way to obtain a signature. Any typos or other issues within the document?

Lending 195

Lending Security Online How To 195

PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

DECEMBER 8, 2020

Traditional bank account opening methods have long involved visits to branches and face-to-face meetings with officials in which physical identification documents are presented. Proponents of these tools say they promote digital onboarding without requiring branch visits or paper documentation. KYC requirements are nothing new.

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Video Report Meeting United States 211

PYMNTS

AUGUST 3, 2020

Firms worldwide are getting used to the idea that they might not interact in-person with their customers nearly as often, so they must optimize their digital services and verify online customers’ identities. Laing added that that needs to happen immediately, as scams are multiplying during the pandemic. rose 33 percent in April.

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Fraud Online Data Tools 225

Perficient

JANUARY 9, 2021

In today’s blog, we’ll cover some of the biggest updates around meetings, calling, management, and even security and compliance released in late December/early January! . To add a page, list, or document library as a tab in Teams, check out the steps to do each of these here. . Security and Compliance.

Video 532

Video Meeting Community Management 532

PYMNTS

DECEMBER 3, 2018

Excuse the homespun wisdom, but offering weak authentication defenses in the face of those determined young consumers can bring down heavy fines and unwanted attention, and threaten a growing retail or online business. So, what’s the solution — at least, for online purchases of eCigarettes? Biometric Role.

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Online Training Security Data 177

PYMNTS

SEPTEMBER 18, 2020

While some banks enable voice technology to make payments, check account balances and make transfers, the technology raises concerns regarding security, data privacy and dispute resolution. It was developed by the Cybersecurity Response Project Team. She noted that verifications can also utilize information tied to payment history.

Payments 220

Payments Exercises Resources Fraud 220

Abrigo

MAY 10, 2021

While a financial institution often primarily focuses on securing software to originate business loans, a commercial LOS provides scalability when it offers integrated solutions on one platform to manage all stages of the life of the loan. Without this, staff must engage in back-and-forth emails or phone calls to check the status of a loan.

System 195

System Lending Analysis Software 195

PYMNTS

MAY 19, 2020

based in Sao Paulo, inadvertently left hundreds of gigabytes of its customers’ personal and payment-related information publicly available online. The leaked information also includes online payment account details with access for nearly 40,000 wirecard.com.br to secure the two servers, The Hacker News reported. Natura & Co.

Data 234

Data Branding National Report 234

PYMNTS

APRIL 21, 2020

Financial institutions (FIs) are among the entities that are working to securely meet clients where they are through mobile and online channels to complete tasks that would more often be completed in person. Keeping The System Secure. This is leading companies of all kinds to navigate how to reach them remotely.

Mobile 302

Mobile Security Fraud Technology 302

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Everything happens in an extremely secure environment,” she said.

Payments 246

Payments Compliance Operations Resources 246

PYMNTS

MAY 1, 2020

Many CUs are doubling down on their efforts to digitize their services in a secure manner. billion in assets, is also reviewing some of its processes amid the coronavirus pandemic, such as the requirement for signing documents in person. The 83-year-old CU, which has 16 branches in the metro Phoenix area and holds $1.9

Arizona 159

Arizona Security Cards Phoenix 159

Perficient

APRIL 3, 2024

She underlines the necessity for insurers to establish a solid foundation comprising document digitization and a robust data fabric to ensure success with these technologies stating, “GenAI outcomes will only be as good as the data.”

Technology 221

Technology Report social media Industry 221

Abrigo

NOVEMBER 17, 2023

Frustrating processes tied to credit requests and slow loan decisions are among borrowers’ biggest complaints about banks and credit unions compared to online or alternative lenders. Stop : Manually spreading financials, tracking source documents and spreadsheet versions while ensuring to incorporate all changes.

Lending 221

Lending Software System Taxes 221

Perficient

JULY 15, 2020

Technical – their journey entails supporting shoring up data to the business in a sustainable manner, improving product code, improving product experience, technical blogs/documentation along with platform support. Security Architects. Webinars will have Online Surveys uniquely identifying prospects. Solutions Architects.

Data 497

Data Customer Experience Analytics Industry 497

PYMNTS

AUGUST 7, 2020

To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. of India (NPCI) uncovered more than three dozen critical security risks last year, according to an internal government document seen by Reuters. In July, the National Payments Corp.

Payments 267

Payments Guidelines National System 267

PYMNTS

JUNE 24, 2020

In an interview with Karen Webster, Entersekt CEO Schalk Nolte said that in a world forever transformed by the pandemic, digitally established global identities and trusted endpoints are critical means of achieving genuine account security. The fraudsters, of course, want to take the path of least resistance, just as they always have.

Fraud 262

Fraud Security Cards Course 262

PYMNTS

JULY 13, 2020

Mitek , which works with identity verification and mobile capture software, has brought its Mobile Verify to the KYS-Tech remote online notary platform to help customers meet strict eNotary standards in any industry, the companies said in a press release. With KYS-Tech’s platform, companies can virtually notarize any file online.

Online 142

Online Fraud Mobile Security 142

PYMNTS

AUGUST 11, 2020

The product will also, the company said, protect against identity assumption, bot quotes, and “ghost brokering,” which is when fraudsters use fake documents. Along with the security benefits, Kount’s product will also ensure “marketing campaign efficiency and conversion,” the company added. In a Tuesday (Aug.

Fraud 234

Fraud Industry Idaho Customer Experience 234

PYMNTS

OCTOBER 4, 2019

That does not mean older verification methods are obsolete, however: Many companies still rely on knowledge-based authentication (KBA) methods like passwords or security questions, even in areas like business lending — where stringent verification is crucial. Another form of identity security is biometrics.

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Online Ohio Knowledge Base Regional 144