PYMNTS

AUGUST 6, 2019

It is common to receive instant payments for ad hoc employment and other work-related reimbursements, but real-time Social Security and retirement payouts have yet to gain traction. Several retirement solution providers are looking to mobile apps and online tools in countries where auto-enrollment is prevalent.

Instant Payments 43

Instant Payments Online and Mobile Banking Enrollments Payments 43

PYMNTS

SEPTEMBER 28, 2017

The fact remains that the very data that is readily available across all conduits of transactions – from phone numbers to Social Security numbers – are there for the taking, across all manner of firms, and can be used as building blocks to create sophisticated ways to defraud the innocent.

Enrollments 43

Enrollments Breach Fraud Detection Social Security 43

PYMNTS

DECEMBER 13, 2017

The Social Security number won’t help. While it’s too soon to say what will replace it, there does seem to be a growing consensus that Social Security numbers have got to go — and experts say that one day, inevitably, they will. Moreover, there must be some sort of gold standard for identity truth and how to confirm it.

Verification 62

Verification Social Security Enrollments Security 62

PYMNTS

AUGUST 24, 2017

According to Barnhardt, that puts pressure on beefing up the customer enrollment process. Many wrongly emphasize transactional monitoring over enrollment monitoring, because the transaction is the point of compromise. But Barnhardt emphasized a strong enrollment process can mitigate fraudulent transactions. Leave Legacy Behind.

Same Day ACH 46

Same Day ACH ACH Enrollments Verification 46

PYMNTS

FEBRUARY 20, 2019

Look at the enrollment group, tasked with protecting the front door. Too often, according to his telling, that breaks down the job of ID security and management into discrete operations with relatively little communication or joint effort once that responsibility is passed off. Silo Problems.

Fraud Prevention 67

Fraud Prevention Enrollments Security Authentication 67

PYMNTS

FEBRUARY 6, 2018

Thus the value of a practice such as those deployed by GIACT, where identity is ascertained before the charge-off takes place, and companies find out if they approved a fraudulent enrollment to begin with. In other signs of synthetic identity, said the executive, the date of birth was issued many years after the Social Security number.

Identity Theft 48

Identity Theft Social Security Addressing Consumer 48

PYMNTS

OCTOBER 12, 2018

If businesses understand the customer they have enrolled, and they know who they are consistently, there are a lot fewer issues with running payments in real time or same day. The problem may be visible with the payment, but it started at the enrollment process when the criminal was allowed access into the system. What’s Next.

Faster Payments 73

Faster Payments Authentication Payments Enrollments 73

PYMNTS

AUGUST 10, 2016

The data that is at risk of being compromised includes member names, addresses, the types of plans they have, both member and group ID numbers, the names of dependents enrolled in the insurance plan and the names of their primary care doctors.

Compromise 40

Compromise Risk Payer Enrollments 40

PYMNTS

NOVEMBER 15, 2017

With no face to match to the name and no data beyond the traditional Social Security numbers, dates of birth and passwords, is it any wonder that account security is a tough battle to fight — especially against foes who have leveraged data breaches into literal gold mines?

Verification 40

Verification Authentication Online and Mobile Banking Enrollments 40

PYMNTS

JULY 9, 2018

The ‘customer’ in question used all the right real data: real address, right name, right social security number, right password. Companies have siloed enrollments away from payment and identification — they treat them as separate entities.

Fraud Detection 44

Fraud Detection Enrollments Addressing Verification 44

PYMNTS

JUNE 5, 2020

FinTechs seeking to showcase their security measures and win banks over must also demonstrate strong onboarding procedures — including KYC processes that can prevent criminals from enrolling.

Money Laundering 69

Money Laundering Security Payment APIs and Integration FinTech 69

PYMNTS

MAY 29, 2018

In Australia, for instance, the government has nailed down an extensive framework around who can participate in the network and is launching a new enrollment process in the fall, in which private companies can take part – this has been piloted with the postal service and transportation industry.

Interoperability 43

Interoperability Government Governance Authentication 43

PYMNTS

MAY 28, 2018

In Australia, for instance, the government has nailed down an extensive framework around who can participate in the network and is launching a new enrollment process in the fall, in which private companies can take part – this has been piloted with the postal service and transportation industry.

Interoperability 40

Interoperability Government Governance Authentication 40

Stax

NOVEMBER 6, 2023

You get to benefit from our long-standing relationship with the world’s leading sponsor bank and our built-in enrollment engine that takes care of all your risk and compliance requirements. If possible, it is best to use both tokenization and encryption in tandem to maximize data privacy and security.

Encryption 88

Encryption PCI DSS Data Security Origination 88

Nanonets

APRIL 14, 2023

Healthcare: Document processing solutions can be used to handle various documents, such as patient intake forms, enrollment documents, and health insurance claim forms. IDP can reduce the manual effort required to verify the claim against policy documents for coverage and eligibility, and improve the accuracy of their claims processing.

Process 98

Process Automation Database Legal 98

PYMNTS

AUGUST 23, 2019

social security number. Flywire said the companies have integrated their offerings, connecting the application, enrollment, cross-border payment and receivables processes to provide schools, international agencies and student families increased transparency and convenience. Verma says the company has received $2.5

Enrollments 46

Enrollments Debit Card Cross-Border Payments Cross-Border 46

PYMNTS

JULY 23, 2018

Everything’s fair game, it seems, from names and Social Security numbers (SSNs) to account data, and even info gleaned off social profiles (more on this in a minute). All too often, companies rely on limited data for enrollments and payments, Barnhardt told Webster. Relying on limited data points is a dangerous game.

Social Security 41

Social Security Breach Data Breach Debit Card 41

CB Insights

AUGUST 25, 2017

LenderBot, which allows people to enroll in customized micro-insurance by chatting through Facebook Messenger, enables blockchain to serve as the third-party in the contract between individuals as they exchange high-value items through the sharing economy. Social Security Office, to verify that a person did in fact pass.

Blockchain 78

Blockchain Law Enforcement Bitcoin Transactions 78