PYMNTS

JANUARY 23, 2019

3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels — federal authorities have brought a new level of uncertainty into the prospect of those legal bets. Now the operators of sports betting websites are wondering if the U.S. As the Feb. Gambling Progress.

Online 143

Online New Jersey Las Vegas Risk Management 143

Abrigo

MARCH 18, 2025

However, retail and wholesale payment systems are operated by public and private sector entities, which are responsible for communicating information about individual payment transactions and settling transactions. It is integrated directly into many financial institutions online banking systems. bank accounts.

System 195

System Payments Fraud Regulation 195

Abrigo

DECEMBER 17, 2019

The types of compromised accounts that are commonly available and most popular on account markets are financial (bank, investments, brokerage), e-commerce, online payments, dating sites, mobile / telecommunications, social media, and email. There are many operators of mule networks offering their services on the Dark Web. Learn More.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

MARCH 19, 2019

March Madness has a new flavor this year: legal online betting. billion – on their favored teams via sportbooks, either in person or online, with other bookies or just with friends. billion – on their favored teams via sportbooks, either in person or online, with other bookies or just with friends. And about 4.1

Online 125

Online New Jersey Las Vegas Risk Management 125

Insights on Business

NOVEMBER 28, 2018

For example, online banking and customer portals allow clients to access services without visiting a physical location or even talking to a person. IBM is pioneering the development of cloud-based micro services for financial risk. The financial risk APIs have been designed and engineered specifically for the IBM Cloud.

Risk Management 102

Risk Management Innovation Management Resources 102

Jeff For Banks

APRIL 16, 2011

So often I hear commentary on ERM by advocates that think it is the next best thing to, say, online banking. But managing risk across organizational silos is highly fragmented in FIs. I think your Board of Directors (Trustees for CUs) would appreciate reducing the size of monthly Board reports for monitoring risk.

Risk Management 78

Risk Management Management Fraud Resources 78

Abrigo

OCTOBER 10, 2023

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. You might also like this webinar series, "Tackling common credit risk questions during challenging times." Get more credit risk best practices.

Analysis 195

Analysis Industry Risk Management Lending 195

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

Online 112

Online Payments Fraud Cards 112

PYMNTS

JULY 20, 2017

Digital Shadows , the industry leader in digital risk management, revealed its findings on the changing habits and tactics of organized credit card fraud gangs, discovering a new trend in the form of remote learning “schools.”.

Study 124

Study Online Course Cards 124

PYMNTS

OCTOBER 14, 2016

The same premise holds true today and poses a knotty question in online commerce and FinTech: How do you know the person on the other end of a transaction is really who they say they are? Trust would be the operative word in the relationship between individuals and the firms with which they seek to do business.

Fraud 100

Fraud Online social media Risk Management 100

PYMNTS

DECEMBER 29, 2020

With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. However, Wingert said the fact remains that many financial institutions, merchant acquirers and online stores are missing important risk signals by overlooking a proven approach to fraud and risk management.

Fraud 270

Fraud Compliance cryptocurrency Security 270

Abrigo

JULY 20, 2024

Drive growth The big C&I lending wave is coming If opportunities to drive bank or credit union performance are like the waves surfers seek constantly, C&I lending will be the next “bomb,” according to Joel Pruis , Senior Director and Lending & Operations Practice Lead at Cornerstone Advisors. Engaging digitally.

Lending 195

Lending Risk Management Management Capital 195

Abrigo

APRIL 19, 2016

In the paper, the OCC defined responsible innovation as: The use of new or improved financial products, services, and processes to meet the evolving needs of consumers, businesses, and communities in a manner that is consistent with sound risk management and is aligned with the bank’s overall business strategy.

Innovation 150

Innovation Fintech Risk Management Community Bank 150

PYMNTS

JUNE 21, 2018

PayPal announced Thursday (June 21) that, following on the heels of its acquisition of Hyperwallet earlier this week, it is acquiring Simility , which is a fraud prevention and risk management platform. The deal will give PayPal greater strength in eCommerce and online marketplaces.

Risk Management 131

Risk Management Fraud Tools Management 131

Banking Exchange

FEBRUARY 26, 2020

Online payment fraud could cost companies more than $200 billion over four years, finds Juniper Research Risk Management Technology AML & Fraud Cyberfraud/ID Theft Compliance/Regulatory Operational Risk Big Data Security Online Cards BSA/AML Feature3 Feature Financial Research Payments.

Fraud 97

Fraud Big Data Risk Management Compliance 97

PYMNTS

JULY 8, 2020

The two executives said acquirers need to have better fraud management solutions than ever before, because the pandemic has prompted consumers to use credit cards for more online and app-based transactions. “We You want to be able to manage credit for the lifecycle of the user,” Jha said. Fighting Fraud in a Post-Pandemic World.

Fraud 274

Fraud Management Risk Management Company 274

CFPB Monitor

SEPTEMBER 8, 2022

Mr. Hsu also raised concerns about unknown risks or “nasty surprises” arising out of bank-fintech arrangements. This approach is expected to enable a clearer focus by the OCC on risks and risk management expectations.

Fintech 146

Fintech Risk Management Conference Lending 146

Independent Banker

JANUARY 31, 2022

A recent report by Cornerstone Advisors found that bankers are either strongly interested in or already working with fintechs in three main areas: digital account opening (71%), mobile wallets (41%) and fraud/risk management (47%). Fraud and risk management. Digital account opening. Think about it this way,” Potts says.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

Compliance 164

Compliance Software Risk Management Management 164

PYMNTS

AUGUST 5, 2019

This is moneycorp’s second major acquisition this year after it picked up the Brazilian online marketplace Novo Mundo. Providing customers with mobile, telephone and online payment capabilities on a multi-currency platform, moneycorp also enables them to exchange money through 120 currencies. The company said it took care of 5.9

Groups 108

Groups Payments Risk Management Capital 108

PYMNTS

JANUARY 31, 2018

This move marks a significant change in how buyers and sellers will interact and transact across the company’s online marketplace — namely, by letting shoppers complete their purchases within eBay’s website. Cutler remarked that bolstering “risk and trust” is a key part of the operational model that must support the eBay marketplace.

Payments 149

Payments Customer Experience Risk Management Data 149

Abrigo

JULY 27, 2023

From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

From transaction monitoring to detecting unusual activities and facilitating report filing for reviews and audits, regtech solutions for banks can streamline and optimize compliance operations. Consider what compliance and risk functions your organization would use as a starting point when integrating technology.

Technology 195

Technology Fraud Compliance Regulation 195

PYMNTS

APRIL 15, 2020

The coronavirus pandemic has exposed vulnerabilities across doing business as usual, as the nature of commerce and how we pay has changed on a dime, moving online with breathtaking speed. The pandemic has spotlighted the need for businesses, especially smaller ones, to be creative and pivot operations to better serve their targeted audiences.

Software 174

Software Data Resources Operations 174

PYMNTS

OCTOBER 5, 2018

Among recent developments is the addition of PayPal to the sportsbook operated by DraftKings in New Jersey. According to one industry overview , that makes at least four online sports betting providers that accept PayPal in that state, with another “coming soon.”. Payment availability is making progress, but the effort is slow.

New Jersey 148

New Jersey Payments Online Cards 148

PYMNTS

MAY 15, 2019

As he told Webster, “when you combine Earthport and Visa, we now stand in front of virtually 100 percent of the globe in terms of a reach equation,” with what he termed “bank-grade-type compliance and risk management in the operating structure provided by Visa’s network.”. Single Point Of Connection. What’s On Offer.

Cards 187

Cards Operations Payments System 187

PYMNTS

OCTOBER 24, 2018

When it comes to deploying corporate resources in the battle against online fraud and account takeovers (ATOs), all too often, guiding principles fail to spot what’s really happening to a business in real time. It turns out that, for online retail last year, the “fraudliest day” was Dec. To that end, Sift Science said Tuesday (Oct.

Fraud 159

Fraud Risk Management Customer Experience Trends 159

PYMNTS

MAY 20, 2020

For merchants and financial institutions (FIs), the “new normal” of commerce — done increasingly online — means that battling fraud is a bit like feeling an elephant. As Pangam remarked, banks were not caught entirely flat-footed, having already made efforts to bring more services and products online before the pandemic hit.

Fraud 208

Fraud Examples Data Tools 208

PYMNTS

JULY 18, 2017

Which leads to the interesting case of Renaud Laplanche, the co-founder and former CEO of Lending Club and the co-founder and current CEO of online lender Upgrade. It’s reported that Upgrade’s loan volumes are growing and that it intends to add new asset managers to its roster over the next half year. Just ask any entrepreneur.

Lending 122

Lending San Francisco Online Risk Management 122

Perficient

MAY 27, 2022

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. Maintaining a service provider oversight program to address risks to service provider relationships.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JANUARY 3, 2019

Still, even with such “recognition of the systemic risks” posed by “critical infrastructure” (risks that apply to multiple industries and consumer segments), “we as a country still have to figure out how to address those risks and prioritized efforts” at defense, Baich said. Can you really defend against something that large?”

National 169

National Security Risk Management Fraud 169

Banking Exchange

NOVEMBER 29, 2021

Fed flags cybersecurity and operational resilience as priorities for large banks Risk Management Feature3 Feature Financial Research Lines of Business The Economy Cyberfraud/ID Theft Security Online Operational Risk.

System 78

System Risk Management Operations Security 78

Abrigo

FEBRUARY 23, 2022

Indeed, the financial institutions surveyed most frequently identified the following as their top challenges in small business lending: Efficiency Process, operations, and staffing Competition Over half of the survey respondents cited efficiency as a challenge when it comes to small business lending. Lending & Credit Risk.

How To 195

How To Lending Software Survey 195

PYMNTS

SEPTEMBER 13, 2018

Bad weather, infestation, speculation: Such factors can not only mean survival or failure for farmers, but impact food prices and the larger global economy without any effort at hedging or risk management. Corporates tend to be more pragmatic and take risk off the table,” he said. Ahead Of The Game.

Risk Management 100

Risk Management Operations Management Industry 100

Abrigo

AUGUST 26, 2016

In a recent online survey of more than 1,000 bankers using Sageworks’ solutions, bankers indicated that priorities are fairly diverse. Sageworks Senior Risk Management Consultant Rob Ashbaugh said many financial institutions are focusing on portfolio growth in order to offset the profit-pinching effects of low interest rates and thin margins.

Survey 150

Survey Risk Management Leadership Strategy 150

PYMNTS

JULY 23, 2019

“As part of our operating set-up in India, we work with a lot of partners and we are working with them with the proposal right now on how to enable this for the country,” Guru Bhat, vice president and head of engineering of PayPal India, said in the report. . Google also launched a localized payments app for India in 2017.

Data 134

Data Fraud Risk Management Google 134

Banking Exchange

NOVEMBER 3, 2020

COVID-19 has already proved its substantial impact on online-based fraud Feature Feature3 Fintech Security Cyberfraud/ID Theft Operational Risk Risk Management Covid19.

Fintech 78

Fintech Risk Management Fraud Security 78