PYMNTS

FEBRUARY 10, 2020

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Deep Dive: How Fake Profiles Endanger Social Media Networks.

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Perficient

APRIL 3, 2024

Perficient insurance experts were interviewed for Forrester’s report, “ The Top Emerging Technologies In Insurance, 2024 ,” and discussed technologies expected to emerge in the insurance industry over the next five years, considering them now, and in the short-term, medium-term, and long-term future.

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Technology Report social media Industry 221

Perficient

JANUARY 28, 2021

As we mostly are working remotely these days, securing your space when you’re not in the safeguards of the office walls are critical. Perficient places a high value on data security and has several processes and tools in place to protect colleague and client information, but what about the everyday person?

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Abrigo

FEBRUARY 6, 2025

Fraudsters create fake profiles on dating apps and social media platforms, using stolen images and fabricated stories to build relationships with their targets. Scammers can use details shared on dating sites and social media platforms to better target victims.

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Bank Innovation

FEBRUARY 23, 2018

customers of TD Bank was down for over a week after the bank updated to its digital services, prompting multiple customers to flock to social media to express outrage, frustration, or calls to leave the bank. The bank, which noted that it has experienced “technology challenges” as a result.Read More.

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PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

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Bank Innovation

OCTOBER 24, 2017

Continuing its development of financial technologies on its platform, social media firm Facebook has joined a Visa program that enables the network to access its Token Service for payments, Visa announced today.

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PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

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PYMNTS

APRIL 24, 2020

Some have added support for in-branch digital technologies such as video banking screens and upgraded ATMs to minimize in-person contact while making sure customers’ needs are met, for example. Digital Technologies Under COVID-19. British FI Nationwide U.K.

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PYMNTS

OCTOBER 4, 2020

It offers a glimpse into how the Menlo Park, California-based social media conglomerate will defend itself against federal antitrust prosecutors and members of Congress about its power and competitive behavior. Other technology giants including Google , Amazon and Apple are also facing probes.

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PYMNTS

SEPTEMBER 25, 2018

Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. In a press release , Emergent Technology said T Stamp, which is known as Trust Stamp, makes artificial intelligence and biometric hashing technology for the purpose of verifying identities.

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Bank Innovation

APRIL 17, 2017

According to a report by DataVisor– a big data security analytics provider– fraudsters are most active on social media platforms (no surprise there), and have to launch thousands of attacks on the platform in order to make a […].

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social media Big Data Fraud Analytics 191

Abrigo

DECEMBER 10, 2024

Older adults are frequently targeted by various scams that exploit their trust, unfamiliarity with technology, and, sometimes, their social isolation. Romance scams: These scams involve fraudsters building online relationships with elderly victims, often through social media or dating apps.

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PYMNTS

JUNE 13, 2019

Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims.

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Security Tools social media cryptocurrency 139

Bank Innovation

JULY 8, 2016

Facebook Messenger is increasing its security in a bid to be your primary messaging app — and maybe your primary banking app, too.

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Abrigo

MARCH 8, 2024

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks. The best defense is a good offense.

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PYMNTS

FEBRUARY 13, 2020

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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Abrigo

OCTOBER 19, 2023

It’s the time of the year when we celebrate Cybersecurity Awareness Month, a global initiative to raise awareness and educate people about the importance of staying safe and secure online. The campaign has also evolved to reflect the changing nature of cyber threats and the emerging technologies that enable them.

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PYMNTS

JANUARY 3, 2019

You can be sure that one area of regression involves social media. New research, in fact, supports that idea — specifically, the high value that consumers attach to Facebook , and the high cost it would take to make them leave the social media platform. But that doesn’t mean consumers plan to leave Facebook anytime soon.

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PYMNTS

NOVEMBER 16, 2020

In an interview with PYMNTS, Ragan said technology developments have enhanced the industry’s fraud-fighting strategies, but customer awareness is still a critical component of preventing bad actors from succeeding. Leveraging Advanced Technologies. Bancorp, which is the parent company of U.S. At The Consumer Level.

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PYMNTS

JUNE 14, 2019

And the idea is to take advantage of the ongoing rise of mobile commerce and social media to create, in essence, digital communities centered around pets — and not just ones that spark to life when little Fido goes missing, or plots an escape from a dog park or a particular section of the beach in the summer. Social Media Aspect.

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PYMNTS

JUNE 8, 2017

The more connected devices consumers have, the more concerned they are about the security of their financial information. That’s because smart technology device owners recognize that the Internet of Things makes shopping easier. That’s because smart technology device owners recognize that the Internet of Things makes shopping easier.

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Abrigo

DECEMBER 2, 2024

In the past, stolen checks would often range from $1,000 to $3,000, and fraudsters would typically recruit homeless people or people on social media to cash them. Transition to online bill pay or electronic transfers, which are more secure and convenient. The checks being cashed are between $5,000 and $75,000.

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PYMNTS

JUNE 10, 2020

The EU’s investigative unit will form a task force to examine TikTok’s activities across the 27-nation bloc following a request from a lawmaker concerned about its data collection and its security and privacy risks. Faced with compelling evidence that this wildly popular social media platform is blatantly flouting binding U.S.

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PYMNTS

SEPTEMBER 4, 2019

Artificial intelligence (AI) remains one of the most interesting technologies to call centers that are looking to better support and engage customers across their many channels. Call center technology providers are relying on AI-enabled tools to make sure call centers can match changing customer preferences.

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PYMNTS

MARCH 20, 2020

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. Less stringent security steps that are frictionless for consumers may let bad actors in; however, those that require too much work can lead to lost sales.

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PYMNTS

DECEMBER 5, 2018

That’s what led him to Goodworld, an online platform that removes the friction from digital donations, making them possible (and secure) by using hashtags. is the only social fundraising platform with hashtag-to-donate technology on both Facebook and Twitter. Portable Hashtag. percent, plus $.30

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PYMNTS

OCTOBER 11, 2018

In a post on its Toutiao social media account, Reuters reported it said users who linked their accounts via Apple IDs should lower their transaction limits. Reuters noted the breach shines a light on the security challenges payment companies in China face.

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Apple social media blockchain Security 203

PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . It also outlines some of the frictions entities face when doing so. .

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Security social media Retail Fraud 174

Perficient

JULY 31, 2020

This function will also play a key role in regulatory compliance and data security aspects of value of data. Platform companies such as Uber, Amazon, and Airbnb have mastered this art with their technology platform strategy bringing data and digital together in a single platform.

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Data Analytics Strategy social media 354

PYMNTS

APRIL 28, 2020

Some bankers took to social media to express their frustration with the Small Business Administration (SBA) and its inability to process the loan applications. Instead, technology issues persisted, leaving many unable to apply. SBA is actively working to ensure system security and integrity while loan processing continues.

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PYMNTS

JUNE 20, 2017

FindFace started as a futuristic social technology for identifying strangers by scanning their faces with a smartphone camera. Two years later, the facial recognition technology is the best in the world (yep, even better than Google’s) and is being used for public safety, law enforcement and fraud prevention through cybersecurity.

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Technology Retail social media Fraud 173

PYMNTS

JUNE 11, 2019

As consumers are justifiably apprehensive about handing businesses their personal information, providers are implementing technologies, such as biometrics and two-factor authentication (2FA), to counter the threat of ATOs. Corporations must work to retain their trust, lest they lose customers to more secure competitors.

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social media Fraud Analytics Study 151

Insights on Business

FEBRUARY 13, 2019

Gary Meshell, WW Leader Financial Services, IBM Security, opened his IBM Think 2019 talk, How Financial Services Companies Should Respond to Cyber Security Attacks with a bold assertion and truism. IBM and TD Bank jointly developed cyber security incident response solution for the financial services industry.

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PYMNTS

MARCH 1, 2019

The social media giant has even spoken with crypto exchanges about selling the coin to consumers, telling them that it hopes to have a product out in the first half of the year.

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PYMNTS

JUNE 13, 2019

Digital identification technology continues to advance, bringing both benefits and drawbacks. billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. More than 4.5

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PYMNTS

DECEMBER 18, 2020

These scams consist of fraudsters placing ads for discounted food on social media and asking consumers to pay them directly. Studies have suggested that these advanced technologies can improve fraud detection rates by as much as 50 percent and — just as importantly — reduce false positive rates by 60 percent.

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