March 17, 2014
For Feedzai’s Sebastiao, Space Work Turns To Fraud Detection
In January, Feedzai launched in the U.S. a fraud-prevention solution available for omnichannel commerce. Founded by aerospace engineers and data scientists, the company provides a means by which merchants, processors...
December 30, 2013
Commerce 2014: Return of the Tech
By Dan Rosen Well, it’s time again at the outset of a New Year to take stock of past, present and future. I’d like to think we’re at an important...
December 17, 2013
4 Signs Your Fraud Protection Needs An Omnichannel Upgrade
The payments industry lost more than $11 billion to fraud in 2012, and that figure is only expected to rise as fraud migrates to less secure channels in the wake...
October 02, 2013
WhatsBusy Brings Data To Brick-And-Mortars
By Ben Carsley “Why guess?” That’s the tagline behind The Woodlands, Texas-based WhatsBusy: a startup focused on letting consumers and businesses make smarter decisions with their ultimate form of currency:...
August 14, 2013
AvantCredit Grabs $20M To Use Big Data To Assess Loans
Online lender AvantCredit has raised $20 million in a second round of funding to back its loan-assessing platform, according to VentureBeat. Advent Capital and Victory Park Capital led the round....
July 23, 2013
State of Merger Control in India
K K Sharma, Jul 23, 2013 CPI Asia Column edited by Vanessa Yanhua Zhang (Global Economics Group) presents: State of Merger Control in India – K K Sharma (KK Sharma...
July 08, 2013
Can Personetics Help Banks Balance Convenience And Customer Service?
When it comes to building a better customer experience, banks have heard one answer loud and clear: convenience is king. This mantra has been supported by recent studies, all of...
June 09, 2013
ATM Criminals Resort To “Shoulder Surfing”
The UK’s recent crackdown on chip & Pin and security regulations have forced fraudsters to return to old-fashioned ways to steal cash at ATM machines. According to BBC news, the...
April 21, 2011
Educating the Next Generation of Security Professionals
Editor’s Note In the world today, few topics are more talked about and less understood than “cyber security.” Almost daily, it seems, we hear of another threat to the...
With more than two-thirds of CFOs citing payment delays as a problem for their firms in the last six months, nine in 10 companies wish to expand their investment in AR automation to accelerate order processing, reduce invoicing errors and expedite payments. In the “Working Capital Tracker®,” a collaboration with Billtrust, PYMNTS Intelligence explains why the demand for AR automation is growing and what’s at stake for companies that opt out of this trend.
Although authorized party fraud accounts for only 37% of FIs’ fraud losses in dollars, these types of attacks are the most likely to impact customer satisfaction and retention — something FIs cannot overlook. PYMNTS Intelligence’s latest 29-page report, “Leveraging AI and ML to Thwart Scammers,” a collaboration with Hawk, contains 8 charts of proprietary data examining the role of ML and AI to help keep fraudsters from getting the upper hand