PYMNTS

OCTOBER 7, 2020

Businesses and financial institutions (FIs) are following suit, reordering their products and services for a new digital normal — but unfortunately, fraudsters are tagging along. The PYMNTS Digital Consumer Onboarding Tracker® , a partnership with Melissa , examines the latest KYC, digital onboarding and online verification news and trends.

Securities 89

Securities Banking Leverage Technology 89

PYMNTS

JANUARY 19, 2017

The latest is global consulting firm McKinsey, whose new report has put a price tag on the potential of blockchain: $110 billion. Nixing paper-based processes, reducing errors, minimizing fees and mitigating costly risk all contribute to cost savings for the financial services space, McKinsey concluded.

Treasury 79

Treasury B2B Education Technology 79

PYMNTS

APRIL 1, 2019

The price tag is enormous, as estimated by SentiLink and some of its partners, reaching as much as $2 billion annually — and that’s just for banks. Flavors Of Fraud. Drilling down on the details, Harris maintained that there are two types of synthetic fraud.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

MAY 15, 2018

Data tagging is how ground truth is established. After all, if the organization has to check the provider’s answers, it might as well do the whole IDV process itself. But in the real world, this process isn’t all about fraud, he said – it’s all about conversions. That, said Patel, is one reason why IDV is so critical.

Auditing 51

Auditing Compliance Securities eCommerce 51