PYMNTS

MAY 23, 2017

In the latest Data Drivers, Uri Rivner, head of Cyber Strategy and vice president of Business Development at BioCatch , stated that as countries around the world embrace faster payments, they may do well to heed some sobering statistics on fraud gleaned from the United Kingdom’s own experience. Data Point One: 300 Percent.

Fraud 101

Fraud Payments Data Cards 101

Perficient

JANUARY 16, 2023

The risk is that the software must be maintained going forward. . This may require a data transfer to a bank that will underwrite the credit or credit card or payment, leaving the non-financial firm with increased sales, but no credit, fraud, or payment risk. . Embedded Finance and Blockchain .

blockchain 275

blockchain Customer Experience Software Strategy 275

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The fraud-fighting infrastructure uses an innovative scoring engine to analyze risks in real time for all payments.

Payments 130

Payments Compliance Fraud User Experience 130

PYMNTS

NOVEMBER 24, 2020

A Kaspersky survey indicated that 47% of banking customers in the META region (Middle East, Turkey and Africa) were victims of some type of bank fraud in the first six months of this year. The two companies are collaborating to integrate Entersekt’s mobile software development kit with Cellulant’s product stack. .

Digital Banking 145

Digital Banking Security User Experience Fraud 145

PYMNTS

SEPTEMBER 15, 2020

They must reassure customers they are safe from viral contagion in sharing economy spaces while ensuring their personal data is secure from rising incidents of fraud. Payments providers are seeking more secure and compliant ways of onboarding and authenticating customers to help deter online fraud.

Report 206

Report Los Angeles Fraud Utah 206

FICO

DECEMBER 20, 2022

5 Ways Digital Payments Will Change FIs and Fraud in 2023. Financial institutions (FIs) are not letting fraud trends like scams fade into background noise, but fraud awareness is rising among customers and both the banks and customers are eager to mitigate as much as possible. FICO Admin. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Payments South Carolina Compliance 52

PYMNTS

OCTOBER 19, 2020

Entrust said in the release that “the connection and data sent between software and the printer are secure and encrypted. Entrust noted that Sigma’s products “deliver a seamless user experience across the issuance process for desktop and mobile printing needs.” including the data stored on physical credentials.”

Security 245

Security System Cards Minneapolis 245

PYMNTS

OCTOBER 29, 2020

It allows providers to pivot quickly to meet varying demands without needing to undergo extensive software refits for each new development. Automating fraud detection, meanwhile, can help provide a seamless yet secure B2B payments experience. The promise of [the] cloud is really about flexibility and scale,” she explained.

Payments 213

Payments Fraud Meeting Security 213

PYMNTS

JANUARY 30, 2018

One of them is QualiTest , a company that provides software testing solutions and has just announced the deployment of a blockchain-testing service. When it comes to blockchain technology, where there is a crowded field of competitors, a bad user experience could permanently damage a company’s brand.”.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

JULY 1, 2020

In a PYMNTS interview , NICE Actimize Head of Fraud Strategy Rob Tharle shed light on a nasty downside to the proliferation of open banking around the globe. Moving to open banking with APIs [application programming interfaces] has impacts on fraud systems. Allica Bank Launches on Profile Technology. In the U.K.,

Fintech 141

Fintech Strategy Fraud User Experience 141

PYMNTS

NOVEMBER 3, 2020

While FinTech innovation has opened up the doors for small- to medium-sized businesses ( SMBs ) to access more sophisticated solutions to manage money, software fatigue has business owners overwhelmed by a barrage of siloed systems. And according to Ronny Yakov , CEO of The OLB Group , QuickBooks is often an ideal place to start.

Online 150

Online Groups Fintech User Experience 150

PYMNTS

JANUARY 9, 2018

According to Reuters , the investigation will be led by French consumer fraud watchdog DGCCRF, part of the Economy Ministry. Last month, the founder of software company Primate Labs found that iPhone 6s models running iOS versions 10.2 A French prosecutor has launched a preliminary investigation of Apple over BatteryGate , the U.S.

Apple 108

Apple social media United States User Experience 108

PYMNTS

AUGUST 23, 2019

In the August edition of the Payments And The Platform Economy Playbook , PYMNTS examines how marketplaces are using technologies such as artificial intelligence (AI) and mobile payments to innovate the customer experience. Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses.

Millennials 165

Millennials Trends Meeting social media 165

PYMNTS

JANUARY 16, 2020

A two-headed monster of rising churn and rampant fraud is menacing the growing subscription space, and many companies are spending big bucks to roll out innovative fraud-busting technologies to combat it. Preventing Hiccups in the User Experience. billion in 2019 to $4.1

Customer Experience 131

Customer Experience Fraud Video Security 131

PYMNTS

JANUARY 30, 2019

The Software-as-a-Service (SaaS) tool also looks to streamline client onboarding and improve the accuracy of customer due diligence. “We worked with them to design this new solution, pulling in advanced entity resolution and workflow capabilities into a more modern and intuitive user experience.

Compliance 115

Compliance Risk Management Analysis User Experience 115

Abrigo

FEBRUARY 8, 2022

As the expectations around technology change with each generation and the recent pandemic pushing products and services that do not require an in-person transaction to become more mainstream, the demand for financial services to support a more decentralized experience has reached its peak. keep me informed. Watch Webinar.

Compliance 195

Compliance Training Regulation Fraud 195

PYMNTS

NOVEMBER 2, 2018

That is, a system that is as transparent as it is dynamic so that merchant expectations are always well-attuned to how their businesses will be managed on that platform, based on their business performance, and so that fraud can be spotted and responded to in real time. . Risk And User Experience.

Payments 162

Payments Data Software Fraud 162

PYMNTS

FEBRUARY 12, 2019

That resulted in a quite fractured user experience, and inconsistent user experiences.”. For example: If users of, say, Microsoft Windows could no longer use usernames and passwords to access the software, that would represent a significant step for a stronger form of verification. Face Familiarity.

St. Louis 144

St. Louis Mississippi User Experience Knowledge Base 144

PYMNTS

AUGUST 3, 2016

“You can either be one of the gold miners in the platform gold rush, or you can sell the picks and shovels,” said B ill Clerico, cofounder and CEO of WePay , who shared his firsthand insight into what it means to play the role of enabling software companies and online marketplaces to offer payments to their users.

Fraud 100

Fraud Software Mobile Tools 100

PYMNTS

APRIL 7, 2017

With President Trump’s claim of voter fraud on a massive scale in the 2016 presidential election, it may be time for the country to rethink its voting process. This isn’t the first time that there have been issues with voting in the United States — or wild claims of voter fraud.

blockchain 102

blockchain Technology United States Florida 102

PYMNTS

JANUARY 30, 2020

For software companies and platforms that seek to integrate payments and provide value-added services to merchants, there is the never-ending challenge of balancing trust and risk. Butler noted that aggregators and software companies can also examine ways to improve security by removing cardholders’ PII data from the equation.

Payments 143

Payments Software Management Technology 143

PYMNTS

SEPTEMBER 26, 2016

Earlier this year, cybercriminals stole $81 million from the Bangladeshi central bank, and they also stole the trust that the SWIFT global payments network had built with its 11,000 users. According to a study by PYMNTS in conjunction with fraud detection company Forter, fraud jumped 137 percent in the U.S.

Security 100

Security Fraud System User Experience 100

NCR

AUGUST 30, 2016

However, I believe that the blockchain and a combination of geolocation and advances in biometric technology can be used to better bank customers’ user experience. If you’re like most people, you didn’t notify your bank in advance and you have triggered the automated fraud checks. Go through a fraud check. Imagine this.

Technology 53

Technology blockchain User Experience Fraud 53

PYMNTS

DECEMBER 18, 2019

Second, Sonic app users experience another layer of personalization, one in which the app recognizes and authenticates the user, then personalizes the menu to them. That makes the tech as suitable for drive-thru or drive-in experiences as it is at kiosks inside QSR establishments. “We

Retail 131

Retail Tools User Experience Technology 131

PYMNTS

DECEMBER 7, 2016

Global IT firm Unisys Corporation launched a new software application that enables organization to fight cybercrime with enterprise-wide, micro-segmentation security that can be deployed at the touch of a button.

Security 100

Security Analytics User Experience Software 100

PYMNTS

JUNE 13, 2019

In tandem with the move, Whitepages Pro is changing the name of its business to Ekata to better differentiate the global B2B application program interfaces (APIs) and Software-as-a-Service ( SaaS ) tools on offer from these now independently operating units. -focused direct-to-consumer (DTC) operations tied to Whitepages.com.

UX 124

UX Fraud Operations Regional 124

PYMNTS

MARCH 20, 2020

In a feature story, Bamboo Asia Founder Anjou Ahlborn Kay, as well as CEO and Owner Sebastiaan van de Rijt, explained creating specialized inventory management software to handle that challenge. . It takes effort to balance seamless-but-fraud-free user experiences.

Technology 181

Technology Apple New York City social media 181

FICO

MARCH 6, 2020

With the acquisition of Tonbeller in 2015, FICO expanded its fraud portfolio and moved into the growing market for financial crime and compliance solutions to bring the benefits of advanced analytics to a field dominated by rule-based systems. Fraud and money-laundering are closely connected. Can you elaborate on that?

Compliance 81

Compliance Technology Fraud Analytics 81

PYMNTS

MAY 26, 2016

That’s the idea behind an up and coming wearable POS solution from stealth startup LibriSpark , which CEO Jeremy Feldman told PYMNTS is designed to bring speed and mobility to both the customer and payment experiences. The POS wearable device will accept a variety of payment methods – NFC, magstripe cards, QR Code, etc. – About The Tracker.

Software 104

Software Analytics Retail Payments 104

PYMNTS

JUNE 27, 2017

So we also added a new focus: applying document and artificial intelligence/machine learning to develop enterprise-class solutions for identity verification in digital channels that meet the market need for a great user experience, risk mitigation and regulatory compliance. PYMNTS: Where do you look for innovative ideas, and why?

Innovation 145

Innovation System Mobile Trends 145

PYMNTS

NOVEMBER 1, 2017

The original 3DS drove down fraud instances while simultaneously optimizing the user experience by only challenging the transaction when absolutely necessary, Rendell said. Second, biometrics reduces fraud risk dramatically. But it also introduced friction for the consumer – and shopping cart abandonment for the merchant.

Security 109

Security Payments CA Data 109

PYMNTS

FEBRUARY 18, 2020

The new capability consists of an image-capture software development kit (SDK) with designated bidirectional, desktop-to-mobile workflows, offering a more flexible, holistic approach to identity verification. 18) for its marketplace of identity and data services, Trulioo GlobalGateway. Building Scale At Speed . “In

Regional 145

Regional Security Mobile Technology 145

PYMNTS

AUGUST 24, 2017

While much of Europe has embraced the use of the original 3DS protocol for the majority of virtual transactions, the protocol’s reputation for a clunky user experience in the online checkout flow has kept it from seeing the same adoption in the U.S. In fact, only 18 percent of U.S.-based based transactions leverage it today.

Security 102

Security CA User Experience Mobile 102

Fintech Labs Insights

AUGUST 22, 2024

Mahalo Banking: Raised $21M for its banking software; successfully launched new features, experiencing strong growth in client base. Autobooks: Raised $98M, small-business accounting software, increasingly integrated by banks, showing strong growth. Debbie: Raised $2.7M

San Francisco 15

San Francisco New York San Jose Tools 15

PYMNTS

APRIL 30, 2018

trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner. billion growing to $120.7 trillion in 2021.

Fintech 183

Fintech blockchain Lending Digital Banking 183

Banking 2020

AUGUST 27, 2015

One new approach that banks are exploring to mitigate this particular vector of fraud is the notion of using smartphones as a second factor of authentication since most people always have their phone with them. According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses.

ATM 40

ATM User Experience Fraud UX 40

Javelin Strategy & Research

MAY 7, 2015

. • Efforts to capitalize on only-in-a-smartphone technology like the camera, in this case to advance photo finance that can improve how consumers deposit checks, pay bills, authenticate digital applicants, and smooth application processes ( Kofax , Mitek , Malauzai Software , and Top Image Systems ).

Trends 40

Trends San Jose User Experience System 40