PYMNTS

NOVEMBER 3, 2020

Most organizations expect a level of fraud, but the numbers are driving so dramatically higher that it's not the same old story anymore,” Cohen noted. Leveraging The Power Of Layers . Unfortunately, those firms are finding that they’re surrounded by fraud sharks eager to take a bite out of their business.

Securities 120

Securities Restructuring Leverage Numbers 120

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems.

Securities 96

Securities Banking Leverage Communication 96

PYMNTS

JULY 13, 2020

This means banks need to carefully consider how to maximize their defense strategies while presenting minimal interruption to customers and enabling secure, smooth engagement. Some of these attacks see bots entering random words and numbers, while others involve entering common usernames and passwords. Detecting And Thwarting Attacks.

Leverage 58

Leverage Accounting Securities Banking 58

PYMNTS

JANUARY 27, 2021

Some schemes that are impractical to wage in person are simpler to perpetrate online because of a decreased security presence, the anonymity of transactions and fraudsters’ abilities to stage hundreds of attacks simultaneously. Biometric-based methods’ effectiveness varies, but all provide better security than simple passwords.

Securities 85

Securities Leverage Construction Banking 85

PYMNTS

APRIL 22, 2020

Approximately 95 percent of such firms leverage anti-fraud technology, Greg Firestone, vice president of data science at Allstate , told PYMNTS in a recent interview. The company leverages an AI-based solution to monitor and flag suspicious claims, but keeping an eye on future fraud trends still requires a human touch.

Leverage 80

Leverage Numbers Technology Investments 80

PYMNTS

NOVEMBER 16, 2020

Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Such security methods can be critical to preventing fraud that targets mobile users, of which one of the most prevalent types is SIM swap fraud. It's that easy.”.

Leverage 71

Leverage Numbers Securities Accounting 71

PYMNTS

APRIL 22, 2020

Jonathan Knudsen , senior security strategist at Synopsys , said in an interview with PYMNTS that a secure, standardized security framework can help various ecosystems move toward 5G with confidence. Some high-level numbers show the appeal of 5G. The Secure Development Cycle.

Securities 78

Securities Manufacturing Leverage Healthcare 78

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

MARCH 6, 2020

Companies also leverage APIs to connect to third parties, either to call up information or allow these entities to use their data. Each API an organization leverages gives hackers a new opportunity through which to exploit or infiltrate its network and systems — unless that API is properly secured. Oversight And Authentication.

Securities 52

Securities Leverage Transportation Communication 52

Nerd's Eye View

APRIL 19, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that CFP Board announced that it has crossed the milestone of 100,000 CFP professionals in the United States, and despite having just celebrated its 50th anniversary last year, just set a record high in the number of advisors sitting (..)

Budgeting 98

Budgeting Leverage Securities Numbers 98

CFO Selections

JULY 22, 2024

A business valuation is a critical component of securing a company’s future. While the specifics of the business will clearly determine its calculated value at the conclusion of the process, one person is instrumental in helping the company to arrive at that final number.

Valuation 52

Valuation CFO Compliance Leverage 52

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Numbers 61

Numbers Accounting CFO Financial Analysis 61

PYMNTS

FEBRUARY 25, 2020

Chang’s developed its mobile app with safety and customer experience in mind, and plans to leverage mobile order-ahead’s popularity to boost purchases at a new takeout-only location in Chicago. Chang’s utilizes numerous security features to protect itself and its customers from account takeovers, brute force attacks and other cybercrimes.

Securities 56

Securities Leverage Accounting Sales 56

PYMNTS

OCTOBER 20, 2016

3D Secure 2.0 ’s Built around the increasing popularity of mobile commerce, 3D Secure 2.0 is predicated on risk-based authentication, leveraging data points for accurate verification, while optimizing the consumer experience. Vice President, Product Management, Payment Security at CA Technologies. Paul Baker.

Securities 76

Securities eCommerce Technology B2B 76

Nerd's Eye View

JUNE 28, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that a recent study found that at a time when the number of SEC-registered broker-dealers and their registered representatives is declining, the number of SEC-registered RIAs, their assets under management, and the number of (..)

Concentration 81

Concentration Prioritization Auditing Compliance 81

PYMNTS

AUGUST 8, 2019

Tighter security and authentication methods for digital IDs are necessary to lessen the magnitude of these breaches, and hopefully stop them entirely. . Selfies in the name of security. AI can also be leveraged for a variety of other security purposes, such as anomaly detection. More than 4.5

Securities 51

Securities Healthcare Manufacturing Leverage 51

PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. These schemes have become all the more common during the COVID-19 pandemic because the number of Americans working remotely has increased.

Securities 56

Securities Risk Management Education Leverage 56

PYMNTS

JANUARY 12, 2017

The last five days have seen numbers bouncing around between $790 and $800. While not quite back up to last October’s highs, these numbers are nothing to scoff at. Another number was on Amazon’s mind of late as well: $20 million. Just a few days ago, Amazon quietly acquired AI security startup harvest.ai The number 11.5

Numbers 40

Numbers Retail Leverage Startups 40

Nerd's Eye View

AUGUST 4, 2023

Treasury securities), some observers suggest that the factors cited by Fitch for the downgrade (from the growing national debt to the recent debt ceiling standoff in Congress) do not necessarily portend a default, at least in the near term. government's creditworthiness from an AAA rating to AA+.

Treasury 88

Treasury Compliance Leverage Securities 88

PYMNTS

MAY 1, 2017

The controversy over SWIFT’s security flaws, especially those tied to its messaging terminals, has been growing since 2016. A number of officials have spoken out against SWIFT’s lack of action in addressing these flaws and broader security concerns. At the time, the central bank was not using two-factor authentication measures.

Leverage 44

Leverage Securities Banking Startups 44

PYMNTS

AUGUST 1, 2019

Box-of-the-month services constantly struggle to secure their payment processes and remain a step ahead of bad actors. KiwiCo , a monthly science, technology, engineering, and math (STEM) subscription box for children, is improving its security practices by partnering with third-party providers. Keeping Fraudsters Out Of The Box.

Securities 43

Securities Math Leverage Numbers 43

PYMNTS

JULY 22, 2019

RHB in Malaysia is introducing fraud protection cards with mini screens on the back that auto-generate new card verification value (CVV) numbers, according to reports. An algorithm will generate the new number for the card. Also, most of it was done when the card wasn’t even present, with either stolen PIN numbers or CVV codes.

Securities 43

Securities Banking Leverage Numbers 43

CFO Talks

OCTOBER 31, 2024

His journey has been marked by a deep commitment to operational efficiency and Lean methodologies, with a strong focus on leveraging technology to drive business transformation. I’ve always had a natural inclination toward numbers; they just made sense to me in a way that’s hard to explain.

CFO 97

CFO Leadership Communication Problem Solving 97

PYMNTS

OCTOBER 22, 2018

Since ordering platforms like ChowNow serve a large number of restaurants, they have a bird’s-eye view into transactions and can leverage those insights to help keep customers and restaurants stay safe from fraud. Smooth Security. Fraud-Fighting Team. including mobile apps, Instagram , Facebook and website ordering.

Securities 40

Securities Budgeting Numbers Leverage 40

Navigator SAP

JULY 15, 2022

And securing these endpoint devices is a must. Modern ERP should leverage artificial intelligence (AI), and provide digital marketing automation to gain insights into the end-to-end customer journey. TCO: Don't Neglect Overall Costs ERP buyers often calculate costs simply by finding out the subscription price for a set number of users.

Budgeting 179

Budgeting Leadership Communication Leverage 179

PYMNTS

APRIL 23, 2019

At the same time, these providers cannot afford to implement security procedures that slow onboarding processes, as that could risk losing customers to competitors that offer the speed and ease they seek. . This means fantasy sports platforms must enact robust anti-money laundering (AML), KYC checks and other fraud monitoring services.

Securities 43

Securities Leverage Accounting Compliance 43

CFO News Room

DECEMBER 10, 2022

Productivity, sustainability, innovation, collaboration, security, customer satisfaction—the promise of digital transformation to deliver any number of game-changing results is driving organizations’ strategies to accelerate growth in an uncertain climate. Strengthening Security.

Securities 130

Securities Technology Banking Leverage 130

PYMNTS

JULY 23, 2018

This one may be familiar: Wide receiver and cryptographer walk into a bar and … set the data security landscape on its ear. Neal himself had been hacked while in college and became interested in data security and technology. Keep the key untouchable, then the end result is enhanced security across any number of avenues.

Securities 53

Securities Accounting Education Numbers 53

PYMNTS

JUNE 12, 2017

Zooz pulls data from all of a merchant’s financial solutions and third-party integrations into one central, easily visible portal, which has a number of benefits. Zooz also offers secure data storage and protection for consumer information. PYMNTS: Can you give me some personnel growth numbers? OL: As data-driven as possible.

Leverage 54

Leverage Startups Retail Currencies 54

PYMNTS

AUGUST 21, 2020

This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6 Windows developer Microsoft has released security patches to fix this security gap, but as many ATMs are in remote areas, their operators do not often upgrade their systems.

Securities 106

Securities Banking Accounting Numbers 106

Global Finance

SEPTEMBER 9, 2024

These advancements have thrust AI into the heart of national security and geopolitical discussions. Yet, this lead isn’t necessarily secure. As the Goldman Sachs Artificial Intelligence blog notes, “While the United States, China, and Russia do not agree on many things, they all acknowledge that AI could reshape the balance of power.”

Economics 111

Economics Construction Leverage Technology 111

PYMNTS

APRIL 18, 2018

In the physical environment, customers can more or less choose between the payment options they want, “expecting the security, consistency and ease of payments they’re used to” when they get to the digital world. SRC creates an encrypted token that outlives the card number and is, therefore, unimpacted by these problems.

Securities 43

Securities Leverage Numbers Accounting 43

PYMNTS

NOVEMBER 13, 2020

The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. Fraudsters are working to exploit this relationship through SIM swap fraud, which involves stealing someone’s phone number to give them unfettered access to many of their online accounts.

Securities 97

Securities Banking Numbers Leverage 97

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

Sales 108

Sales Leverage Securities Banking 108

Nerd's Eye View

FEBRUARY 16, 2024

Read More.

Leverage 93

Leverage Compliance Numbers Securities 93

PYMNTS

JUNE 24, 2020

In an interview with Karen Webster, Entersekt CEO Schalk Nolte said that in a world forever transformed by the pandemic, digitally established global identities and trusted endpoints are critical means of achieving genuine account security. CNP fraud, Nolte said, has become a numbers game.

Leverage 104

Leverage Securities Banking Numbers 104

PYMNTS

NOVEMBER 17, 2020

The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. This number significantly increased during the same period in 2019, with the association identifying 57,549 instances of APP fraud that hit £208 million ($268 million) in losses.

Leverage 89

Leverage Accounting Securities eCommerce 89