PYMNTS

NOVEMBER 30, 2017

The German financial institution (FI) recently released a white paper urging banks and account servicing payment service providers (ASPSPs) to implement PSD2-related changes and reforms within their institution. It acknowledges several hurdles FIs continue to face in that effort. 12, 2018, deadline for implementation passes.

Guidelines 109

Guidelines Regulation Compliance Data 109

Gonzobanker

OCTOBER 16, 2017

JHA had been searching for a processing partner for over a year because its platform was lacking in product innovation. Even though the company had made a significant ($20 million+) investment in its fraud suite, the total package just wasn’t enough to compete. A flurry of fraud related products rolled out in 2017.

Omaha 76

Omaha Cards Fraud Innovation 76

PYMNTS

APRIL 30, 2018

It’s a thought that was triggered recently after reading and reflecting on recent developments across three innovations heralded as FinTech’s poster children — disruptors out to change the world and eat the proverbial lunches of incumbents they say are too big and too unmotivated to change. Blockchain. Marketplace lending. Digital banks.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

OCTOBER 17, 2018

Or, more recently, consider all the digital expertise and innovation brought to the market by entrepreneurial veterans of the Israeli military and spy services. Just look at the logistical lessons learned during World War II that were applied to post-war industry, or even the development of the Internet and how U.S. Prepping the Battlefield.

Payments 100

Payments Maine Case Study System 100

NCR

JULY 12, 2017

When it comes to fraud detection and prevention, for example, big data analytics tools can offer banks much better, real-time insight into potentially fraudulent transactions. A few key use cases for big data have been around for some time. But let’s not underestimate the potential that technology brings forth.

Data 80

Data Analytics Big Data Community Bank 80

FICO

OCTOBER 4, 2017

So it’s not surprising to find machine learning being advocated as the answer for payment service providers looking to manage fraud in the world of PSD2. Why does PSD2 make machine learning more important than ever in the fight against fraud? Actually, the use of machine learning to fight fraud has a long and successful pedigree.

Fraud 49

Fraud Data Management Tools 49

Insights on Business

FEBRUARY 11, 2019

It leverages open source technologies like containers, Kubernetes, Helm and Cloud Foundry to deliver the benefits of public cloud but with the control of private.

Compliance 87

Compliance Security Big Data Analytics 87

Gonzobanker

DECEMBER 14, 2023

Note for you damn haters: yes, it’s down from a frothy high of $66,0000, but look at the normalized return over the past 15 years since Satoshi Nakamoto’s white paper.) Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square.

Fintech 191

Fintech Community Regional Technology 191

FICO

JUNE 22, 2017

JP Morgan’s fine highlights the broader problem that many global banks had been facing, which was ignoring the warning signings of fraud and money laundering. This tool demonstrates AI’s transformative benefits in anti-money laundering (AML) and fraud detection. billion in 2014. This post originally appeared on the SIIA blog.

Tools 55

Tools Compliance Innovation social media 55

FICO

AUGUST 1, 2018

The reduction of onboarding timelines from days to minutes is only the start of the benefits, those additional benefits including: Increased accuracy in detecting merchant fraud and default. FICO Data Orchestrator. Reduced portfolio risk and lower costs. Improved the customer experience, resulting in accelerated business growth.

Management 58

Management DC Examples Customer Experience 58

FICO

AUGUST 15, 2018

FICO machine learning capabilities have been around for more than 25 years, initially in fraud and credit risk, and extending to other operational and customer lifecycle use cases. White Paper: Why a Decision-First Approach Is Critical for Competitive Advantage. White Paper: 12 Secrets of Business Rules Success.

Analytics 53

Analytics Analysis Data Operations 53

FICO

MARCH 18, 2020

With acceptance of biometrics becoming mainstream, and the need for fraud protection ever front of mind, how can banks use biometrics in order to be more effective and efficient? Fraud—do you need to change your approach to thwart a change or increase in attacks. Intelligent Orchestration of Multi-Factor Authentication.

Fraud 52

Fraud Analytics Samsung Comparison 52

FICO

JULY 18, 2022

FICO leverages machine learning (ML) in solutions ranging from fraud detection to marketing. To drive greater financial inclusion across underserved communities, FICO has developed innovative new credit scores that incorporate new and robust alternative data sources such as telecom payments. Tue, 07/02/2019 - 02:45. by Can Arkali.

Analytics 52

Analytics Data Lending Industry 52

FICO

MARCH 24, 2021

The key success factor will be to be able to capture the application data in a digitally innovative way and to decision the applications almost instantly with low friction but with an adequate KYC, AML and application fraud control. For more information, see our white paper on “Can Alternative Data Expand Credit Access?”.

Data 59

Data social media Resources Examples 59

William Mills

MAY 11, 2016

Download our latest white paper that discusses what it really takes to develop a successful Fintech startup. This is a very sophisticated fraud detection technology! ^SR. Blake Wood (SVP & Director, Program Innovation). Today, we’ll hear 7-minute lightening demos from some of the most innovative companies.

Video 40

Video Lending social media Analytics 40

Gonzobanker

DECEMBER 22, 2015

Bank Innovation named Jill one of the 10 most innovative CEOs in banking for 2015, and we doubt that Bank Innovation would know who Jill is if not for her presence on Twitter. Take this brief survey (5-7 minutes) and receive: “Insights into 2016,” a free white paper with study results and recommendations for 2016.

Community Bank 60

Community Bank Apple Community Technology 60

William Mills

MAY 11, 2016

Katerina Frolovicheva (MD, Technologies Innovations). This is a leading bank in Russia, with a track record of fintech innovation. David Carr (Innovation Manager). Started talking about the challenge of having to change credit cards all the time (due to fraud). Sberbank – @sberbank – [link].

Video 40

Video Mobile social media Data 40

William Mills

MAY 10, 2016

One use case is to use a bot, via text messaging, to help customers when they have potential credit card fraud. We expect to see innovations in mobile, security, analytics, customer experience, and more. ^SR. Download: 10 Reasons Why Fintech Startups Fail White Paper. Well, it’s almost show time here in San Jose!

San Jose 40

San Jose Customer Experience Mobile social media 40

Bobsguide

JULY 14, 2022

Latest white paper suggests banks should prepare for crypto – or risk falling behind the competition. London, 23rd June 2022 – Innovative tech-led Payments Bank, Banking Circle, has commissioned a report on what banks need to do to prepare for the widespread adoption of digital currencies.

cryptocurrency 88

cryptocurrency Fraud National Strategy 88

PYMNTS

MARCH 10, 2017

In a world where convergence is coming faster than any white paper can articulate, O’Connell said it’s more important than ever for payments players to ensure their payments networks are responsible, safe, secure and fair. When you have that consortium data, fraud becomes much easier to manage and stay ahead of,” O’Connell noted.

Payments 168

Payments Innovation Security Community 168

William Mills

SEPTEMBER 9, 2016

I like the idea but I am a bit concerned about the potential for fraud from both companies and investors. Auto-financing is ripe for innovation. Addresses compliance, fraud experience and customer experience analytics. 10:50 am Moonraft Innovation Labs – [link] – @moonraft. I need to learn more.

social media 40

social media ATM Mobile Customer Experience 40

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities.

Payments 96

Payments Risk Management Innovation Analytics 96

Insights on Business

AUGUST 6, 2019

Time and again, it has proven to be a catalyst for transformation that has fueled innovation. Recently, IDC published a white paper, sponsored by IBM, outlining the ten hard realities that FIs and payments services providers must overcome to benefit from modernization, and how they can turn these perceived threats into opportunities.

Payments 70

Payments Risk Management Innovation Analytics 70

William Mills

SEPTEMBER 7, 2016

03:04 pm Experian Fraud & Identity – https://www.experian.com/decision-analytics/identity-and-fraud/fraud-and-identity.html – @Experian – Adam Fingersh – GM and SVP, Fraud and Identity Solutions & John Sarreal. About to show use case on credit card fraud. Demo: Bank application form.

Mobile 40

Mobile Cards Fraud Data 40

CB Insights

MAY 15, 2019

One popular approach: in-house financial innovation labs. Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Visa — One Market Center. Founded: 2013.

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Innovation blockchain Technology Groups 78