Bank Innovation

APRIL 20, 2016

The most vulnerable point in a bank’s network today might just be Bill over in marketing — or any employee. Humans are by nature vulnerable to social engineering and may discuss where they work on social media — LinkedIn is a treasure trove for would-be bank hackers.

Fraud 150

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PYMNTS

OCTOBER 15, 2020

A recent hack compromised around 2,000 Robinhood Markets accounts, suggesting the attacks were more widespread than previously realized, Bloomberg reported. Social media saw a deluge of complaints about the attacks, Bloomberg reported.

Report 276

Report social media Fraud Tools 276

PYMNTS

DECEMBER 18, 2020

Pharmaceuticals supply chain security expert Amy Shortman reportedly told the Financial Times: “There will always be a market for people who wouldn't necessarily have access to that medicine and wanted to protect themselves and their families. There will be, certainly globally, a lot of money that can be made by criminals.”.

Report 274

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PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. At the least, it won’t get any better — not according to any anti-fraud expert who is worth their rate. million fraud crimes in 2017, Trilli said, and $22.1 In the U.S., there were 16.7

Fraud 189

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Abrigo

JANUARY 4, 2023

Guidance for banks on the lookout for crypto scams and fraud The turbulent cryptocurrency scene should put bankers on high alert. Takeaway 1 Cryptocurrencies are the newest and most popular field in potential financial gains through fraud. But with increased popularity comes more opportunity for fraud. DOWNLOAD WHITEPAPER.

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PYMNTS

SEPTEMBER 16, 2019

17) will discuss the fraud problem stemming from influencer marketing. The event strives to unite the worlds of communications and marketing to stimulate conversations about digital marketing and influencer campaigns, PR Daily reported on Monday (Sept. He said, “$1.3 billion is a conservative estimate.

social media 150

social media Regulation New York City Baltimore 150

PYMNTS

JULY 30, 2018

India is mulling the idea of requesting eCommerce and social media companies to only store customer data locally, which could impact the likes of Amazon and Facebook and its WhatsApp messaging service in the country. According to a report in Reuters , the plan was laid out in an updated Draft National Policy.

social media 101

social media Data Policies Regulation 101

PYMNTS

OCTOBER 29, 2018

The payment and commerce opportunities of such technology is obvious, and the wearables market is helping to guide the way toward the potential (likely?) mainstreaming of chip implants. Security Vulnerabilities. The main areas of security risk?

Fraud 176

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Abrigo

FEBRUARY 8, 2024

You may not be in the market for a relationship, but you can help protect others from falling for romance scams. WATCH Takeaway 1 Romance scams are one of the most common forms of fraud schemes seen in the U.S. Report any scam or attempted fraud to the FBI and your financial institution. with reported losses of a staggering $1.3

Fraud 221

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South State Correspondent

OCTOBER 4, 2023

If you want to grab a material amount of new deposit balance, offer a 5.05% money market rate, post it all over Instagram, and sit back and watch the money roll in. In this article, we will show you 15 proven deposit marketing campaigns that will rack up deposit-gathering wins while building a high-performing bank in the process.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

SEPTEMBER 3, 2019

The global digital ad market is expected to be valued at $225 billion by 2020, so it is no wonder fraudsters are trying to steal a piece of the pie. Ad fraud’s prevalence is largely due to two factors: The lack of regulation and the sheer complexity and volume of online advertising. Ad fraud can take a variety of forms.

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PYMNTS

DECEMBER 12, 2019

The new division was launched with the aim of integrating advanced technology and the regulation of China’s securities markets, enabling precise data analytics. Cybercriminals that commit payment fraud with banking and money transfer apps like Tikkie can face one to four years in prison.

Bitcoin 131

Bitcoin Fraud Regulation social media 131

Accenture: Banking

OCTOBER 3, 2017

The drive towards open banking gives them a direct line into a potentially lucrative market. And, crucially, it’s a market where they’re well placed to deliver the flexible, personalized experiences consumers demand. Trust in online platforms and social-media companies as providers of payments services is low.

social media 156

social media Millennials Online Fraud 156

PYMNTS

JUNE 17, 2020

Both of these channels are thus perfect targets for fraud, with cybercriminals posing as restaurants on social media and attempting to scam customers of their personal data, and fake reviews driving customers away from restaurants.”. Securing Social for the MOA Future. A Fraudster’s Feast.

Tools 141

Tools social media Fraud Mobile 141

PYMNTS

OCTOBER 5, 2020

million counterfeit respirators that were being falsely marketed as made by 3M. In addition, 3M said it has rolled out hotlines around the world aimed at collecting complaints about suspected price-gouging and fraud by makers and sellers of counterfeit respirators. The Minneapolis-based giant said on Monday (Oct.

Minneapolis 168

Minneapolis social media Fraud Resources 168

PYMNTS

OCTOBER 1, 2018

Facebook’s Vice President of Global Marketing Carolyn Everson told an Advertising Week panel Monday (Oct. She did admit Facebook was to blame for the Cambridge Analytica attack, because the social media network didn’t re-check with Cambridge to ensure that it had deleted the improperly accessed data.

Marketing 121

Marketing social media New York Data 121

PYMNTS

NOVEMBER 27, 2019

Cybercriminals are thus increasingly turning to online platforms to perpetuate card-not-present (CNP) fraud. Customers and retailers are not the only ones being targeted, either: Fraudsters are also using automated bots to trick advertisers into paying money for false marketing impressions. Around The Digital Fraud World.

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PYMNTS

FEBRUARY 20, 2018

When most people hear about online fraud, they tend to think about what Noa Kalechstain, Riskified ’s head of chargeback recovery, calls “classic fraud,” she explained in a recent conversation with PYMNTS. It has attained the status of “classic” because fraud using stolen financials is the most prevalent type.

Fraud 112

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PYMNTS

JANUARY 14, 2021

Nike is suing 589 websites, the owners of 676 social media accounts and more than 100 unidentified companies and individuals for allegedly selling counterfeit versions of its Nike and Converse shoes online. Nike wrote in a lawsuit filed in the U.S.

Los Angeles 309

Los Angeles social media United States New York 309

PYMNTS

AUGUST 23, 2019

The Playbook also examines the increasing threat of fraud as more marketplaces deal with data breaches and their aftermath. In other markets, the rise of marketplaces is giving old organizations new perspective. Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

OCTOBER 6, 2018

Social media channels, particularly the photo-based Instagram, are excellent places for celebrities to connect with their fans — and show off their stuff. But the downside to social media is that it’s also an excellent information channel for the dishonest. The Instagram Problem.

Los Angeles 148

Los Angeles social media Trends Report 148

PYMNTS

APRIL 3, 2018

We allege that Centra sold investors on the promise of new digital technologies by using a sophisticated marketing campaign to spin a web of lies about their supposed partnerships with legitimate businesses,” Stephanie Avakian, co-director of the SEC’s Division of Enforcement, said in a statement. Their firm, Centra Tech Inc.,

social media 101

social media Fraud cryptocurrency Branding 101

PYMNTS

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. At a high level, that means helping crypto companies and FinTechs come to market with crypto payments across the Visa rails. Keeping An Eye On Fraud. It all depends on how you look at it — and where you look, of course.

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PYMNTS

JUNE 21, 2019

MoneyGram has tapped into foreign exchange markets for settlements in the past. How To Build A High Performing Platform Payments Fraud Team. For digital platforms, fraud represents a two-headed beast. Or does it? Karen Webster digs deep into one of the biggest payments developments of the past week. Trackers and Reports.

Fraud 101

Fraud social media cryptocurrency National 101

FICO

MARCH 26, 2018

This is the first in a series of articles in which we tackle some of the most topical fraud issues and decisions facing fraud managers today. Not only is the customer experience diminished, but in these days of social media, the disgruntled customer may take to Twitter or Facebook to vent their frustrations.

Strategy 93

Strategy Fraud social media Customer Experience 93

PYMNTS

SEPTEMBER 29, 2020

Whale Alert, a transaction tracing social media account, highlighted 18.4 In addition, the company intends to grow in Europe and provide users with equity markets access in 2021, the report stated. The news comes as day traders have put funds into investing in mobile programs such as Robinhood Markets, Bloomberg reported.

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Bitcoin social media National Report 193

PYMNTS

APRIL 27, 2020

It found that 64 percent of consumers across 27 surveyed markets noted that they were using FinTech services. One study recently determined that the number of digital banking users is expected to exceed 3.6 Cloud environments also make it easier to bring alternative sources of information into customer behavioral analytics.

Digital Banking 248

Digital Banking Tools social media Mobile 248

Independent Banker

OCTOBER 1, 2022

Financial fraud and cyber attacks aren’t a one-age-fits-all scenario. Community banks can find ways to mitigate age-related fraud through technology, as well as by educating their customers of their particular risks. Reports about fraud losses: Millennials vs. people 40+. How to minimize age-related fraud.

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Fraud social media Millennials Examples 133

PYMNTS

SEPTEMBER 8, 2020

The result is a slew of unstructured data coming in from a variety of sources; financial service providers must try to make sense of it in order to maintain regulatory compliance and mitigate the risk of fraud. For smaller FinTechs, this is particularly valuable in an increasingly competitive market. On Tuesday (Sept.

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PYMNTS

JANUARY 28, 2019

That stemmed from the recent Davos conference in Switzerland, where the world’s elite talked a lot about trust — more specifically, the decreasing levels of trust that the general public has for public institutions, social media, big tech and companies in general (but, apparently, not individual employers). How to Trust?

social media 186

social media Course Retail Mobile 186

PYMNTS

JANUARY 14, 2021

Businesses also use geocoding surveys as marketing and logistics tools to analyze certain markets or improve shipping processes. Location, Location, Location: How Location Data Can Help Banks Prevent Online Fraud , a study by PYMNTS and GeoGuard , found that 55 percent of U.S.

Analytics 170

Analytics Data Study Millennials 170

PYMNTS

SEPTEMBER 25, 2020

However, in PYMNTS’ own coverage, the twin external forces of market pressures and regulatory scrutiny are making financial institutions (FIs) retool and bolster their anti-money laundering (AML) efforts. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Report: Hanging Up The Phone On Mobile Remittance Fraud.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

SEPTEMBER 2, 2019

But there are privacy concerns with the user agreement, which said people uploading their pictures to ZAO agree to “surrender the intellectual property rights to their face, and permit ZAO to use their images for marketing purposes,” the Reuters article said. ZAO said on Weibo that it would address those concerns. “We

Policies 139

Policies social media Fraud Video 139

PYMNTS

NOVEMBER 19, 2018

Facebook, the leading social media company, is facing pressure after The New York Times issued a damaging report, with the stock falling close to 5 percent during intraday trading Monday (Nov. consulting firm, to create opposition research on critics of the company.

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social media Report New York Washington 115

PYMNTS

AUGUST 23, 2018

This marks yet another executive to announce he or she is leaving the social media giant. Rose had been involved in enterprise partnerships with the likes of Apple, Google and media companies. Rose had been involved in enterprise partnerships with the likes of Apple, Google and media companies.

social media 101

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PYMNTS

OCTOBER 22, 2018

Facebook is reportedly gearing up to acquire a cybersecurity company in an effort to assure users that security is a top priority of the social media company. CNET, citing the Wall Street Journal, reported Facebook thinks it was spammers pretending to be digital marketing companies rather than hackers working for a foreign government.

New York City 187

New York City Company New York social media 187

PYMNTS

SEPTEMBER 5, 2019

Fraud protection has never been taken lightly by call centers, but the need for stricter authentication is reaching new levels in the face of automated bot attacks and near-daily account takeover (ATO) attempts. Fraud is an ever-evolving space, [so] it’s important, with multifactor authentication, to look at it holistically,” she said.

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