FICO

JUNE 26, 2020

Analysis of FICO® Resilience Index data by Tom Parrent, former chief risk officer for Genworth Financial, shows that from 2010 to 2015, nearly 600,000 additional mortgages could have been originated to consumers with FICO® Scores between 680 and 699, had the FICO® Resilience Index been available to lenders at the time. by Sally Taylor.

Credit Risk 98

Credit Risk Risk Assessments Origination 98

PYMNTS

OCTOBER 16, 2019

It’s a whitepaper. Membership was originally made up of 28 founding members, but the total dwindled amid widespread scrutiny from regulators worldwide. He added that he understands that firms have to placate skeptical shareholders. It’s kind of odd that all of this is happening at the stage of this project, because it’s a project.

Stablecoins 49

Stablecoins Cryptocurrency Regulations Origination 49

PYMNTS

SEPTEMBER 14, 2016

ACI Worldwide advises that, as the world moves toward immediate payment ecosystems, a holistic view of the transaction, with layered controls from origination to the application of real-time rules, is the only way to push the pedal to the metal on faster payments and put the brakes on fraud. million in 2007 to £52.5 contact-form-7].

Fraud Prevention 77

Fraud Prevention Faster Payments Push-to-Card Payments 77

PYMNTS

OCTOBER 14, 2016

In a recent whitepaper by the firm, IdentityMind Global also noted that additional data points may come from internet-enabled devices, which can, for instance, help bring location into consideration when determining good actors from bad and in screening across sanctioned individuals or nations.

Money Laundering 75

Money Laundering Credit Cards Fraud Prevention Transactions 75

FICO

FEBRUARY 23, 2022

While the original v2.0 For more insights about global consumer sentiments on fraud prevention, download our recent whitepaper: FICO® Consumer Fraud Survey: 2021. Review the FICO Consumer Fraud Survey: 2021 whitepaper for insights about global customer sentiment on fraud detection/prevention measures and customer experience.

Scams 52

Scams Consumer Fraud Detection Smishing 52

FICO

MAY 27, 2022

Unless fraud checks are made systemic and a vital part of the originations process, the issue will never be resolved for this sector. Fraud checks, however, require much of the same personal information as is needed to make an application, so they can, and should, be tightly integrated within the whole origination process.

Identity Theft 52

Identity Theft Origination Use Case Checks 52

FICO

DECEMBER 13, 2022

Our survey data shows, that even a little too much friction in the process, especially relating to identity checks, dissuades many customers from completing an originations process. Customers Resist Friction. How FICO Can Help You Fight Application Fraud. Download the white paper on this survey.

Security 52

Security Account Takeovers Authentication Payee 52

FICO

SEPTEMBER 15, 2022

SIMAH worked closely with lenders to show the importance of incorporating credit scoring in originations, account management and collections. Learn more in this whitepaper about FICO’s research in the use of artificial intelligence and machine learning for credit scoring models in the financial services industry. Nikhil Behl.

Financial Inclusion 52

Financial Inclusion Risk Assessment Assessments Risk 52

PYMNTS

DECEMBER 2, 2016

Each model is validated by comparing predictive performance on both originations and existing-account management applications against the CRCs’ in-house models for the bankcard, auto and mortgage industries,” VantageScore wrote in a whitepaper , highlighting its findings, while reflecting on trends that have emerged over the years. “You

Risk 52

Risk Assessments Origination Consumer 52

FICO

AUGUST 12, 2021

Sanctions screening is also difficult to conduct without visibility into funds origins or final destinations. To learn more about Open Banking, its AML compliance risks, and how Open Banking regulations are developing worldwide, please read our whitepaper: Open Banking Impacts for AML/CTF Regulatory Compliance. . by Erik Stretz.

Financial Crimes 52

Financial Crimes Compliance Crime Risk 52

Fintech News

MAY 14, 2024

As deepfakes become increasingly realistic, they have the potential to pose the single biggest threat to personal identity and e-commerce security, and even more hazardously in the realm of digital banking and remote financial services, a new whitepaper reveals.

Deepfake 114

Deepfake Authentication Verification AI 114

Fintech News

FEBRUARY 27, 2024

Looking ahead to 2024, South Korea is poised to intensify its efforts in curbing cryptocurrency-related crimes, particularly those originating from North Korea. Consequently, a multitude of financial institutions are preparing to launch stablecoins in 2024.

APACS 114

APACS Regulations Stablecoins Cryptocurrency 114

FICO

NOVEMBER 21, 2022

Changing Face of Application Fraud Whitepaper : With new attack vectors, evolving customer expectations and data proliferation, is now the time for a new strategy? Digital-First Originations: Why Friction Counts in Small Amounts. How FICO Can Help You Fight Application Fraud. Download the white paper on this survey . See all Posts.

Best Practices 52

Best Practices Risk Financial Crimes Wire 52

PYMNTS

JUNE 30, 2017

An oft-overlooked step, Ludwin said, in getting up-to-speed about what the power and potential of a blockchain world might be, is the part where one actually learns about the origins of the idea. The best one can do and should do is read and study … the original Satoshi bitcoin whitepaper and master that.

Blockchain 77

Blockchain B2B Payments Correspondent Bank 77

FICO

DECEMBER 5, 2022

Consumer education regarding secure online behavior must become an important part of the architecture; FIs must help consumers understand that no internal control at the institution can prevent security problems that originate at the source. Rather, the best way to address a problem is to prevent it from happening.

Online and Mobile Banking 52

Online and Mobile Banking Authentication Identity Theft Security 52

PYMNTS

OCTOBER 13, 2017

A recent whitepaper by G2 Web Services , titled “Why Reputation Monitoring Matters for Strong KYC,” found that manual searches for consumer complaints and negative news about banking customers has its limits. In banking, you might only be as good as your latest customer’s reputation. Sound far-fetched? Consider Know Your Customer (KYC).

Risk 46

Risk Consumer Financial Protection Bureau (CFPB) Due Diligence Third-Party Sender 46

Fintech News

JANUARY 15, 2024

The POC witnessed major collaborations with five merchant acquirers, a plethora of over twenty payment schemes from both local and international origins, and a widespread network of merchant acceptance points exceeding a thousand, located within the SFF and the Changi district.

Interoperability 111

Interoperability Cross-Border Payments Financial Inclusion 111

FICO

NOVEMBER 8, 2022

It’s also part of the originations process. It can enable high trust, so bringing it together with originations will allow legitimate customers to be fast-tracked through their applications. The key for providers is to understand that identity verification isn’t simply about fraud prevention. Often the two operate in silos.

Scams 52

Scams Authentication Fraud Prevention Push-to-Card 52

Segpay

APRIL 4, 2024

.” It went on to list 11 different option areas, including blog posts or articles, social media posts, videos, podcasts, tutorials and guides, infographics, eBooks and whitepapers, webinars and livestreams, quizzes and assessments, case studies and success stories along with reviews and comparisons.

Legal 52

Legal AI Deepfake Assessments 52

PYMNTS

JULY 5, 2019

The Facebook Libra whitepaper states that Association Members must agree to operate as validators on the network. But as I said in my original piece , they couldn’t have made it any more complicated. Among other things, that will depend on what it means to be an Association Member.

Regulations 82

Regulations Governance Government Cryptocurrency 82

FloQast

JANUARY 15, 2024

The change means that companies must think harder about how they integrate ESG processes and controls into existing compliance infrastructure – while the CSRD was originally imposed on larger businesses, it will expand in 2024 and beyond, to apply to all companies in the EU.

Compliance 86

Compliance Assessments Accounts Audit 86

FICO

SEPTEMBER 25, 2020

For a more global view, read the OMDIA whitepaper: Identity in Digital Banking is a Platform Approach Needed? For more information: Check out the UK consumer survey infographics on account opening and customer authentication. Read the e-book covering the bank and consumer surveys. by Sarah Rutherford.

Authentication 52

Authentication Verification Accounts Credit Cards 52

FICO

SEPTEMBER 25, 2020

For a more global view, read the OMDIA whitepaper: Identity in Digital Banking is a Platform Approach Needed? For more information: Check out the UK consumer survey infographics on account opening and customer authentication. Read the e-book covering the bank and consumer surveys. by Sarah Rutherford.

Authentication 40

Authentication Verification Accounts Credit Cards 40

PYMNTS

JULY 1, 2019

The Facebook Libra whitepaper states that Association Members must agree to operate as validators on the network. But as I said in my original piece , they couldn’t have made it any more complicated. Among other things, that will depend on what it means to be an Association Member.

Bots 62

Bots Online and Mobile Banking Regulations PayPal 62

PYMNTS

OCTOBER 7, 2019

Except that’s not what the Libra whitepaper says. The first two sentence in that whitepaper goes like this: “Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people. So now what?

Regulations 79

Regulations Payment Networks Cross-Border Cryptocurrency 79

CB Insights

NOVEMBER 16, 2017

Whitepaper: Investor Teardowns. From the time of USV’s investment in 2011 to the time of Lending Club’s IPO in 2014, Lending Club scaled up their lending rate from $20M/month in originations to $500M/month. Get the 65-page report on teardowns for Union Square Ventures, Andreessen Horowitz, Sequoia Capital, and more.

Returns 78

Returns Online and Mobile Banking Acquirers On-Demand 78