Fraud, money laundering and other financial crimes are a thorn in the side of every financial institution. These activities can cut into profits, damage public trust and expose banks to massive regulatory penalties if found to be out of compliance with governmental regulations. Many organizations simply accept financial crime as an inevitable cost of doing business. But today, armed with advanced identity resolution and new kinds of analytics, financial institutions have powerful tools at their disposal to reduce fraud and money laundering.Read this white paper for a solution that offers rich analytics that help banks gain a clearer view of entities, relationships and hidden patterns as they deal with financial crimes including anti–money laundering (AML), anti-terrorist financing and various types of fraud.
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Frank Abagnale says security tech isn't enough; First Data scores a naming rights deal with the Mets; Payments data fights human trafficking; Phishing attacks spike.
More everyday products are becoming connected devices, including refrigerators, washing machines and even mirrors. As each household item evolves, companies are eager to transform them into channels for shopping.
As chat technology advances, making a purchase could be as easy as typing "Buy, Robot." Several banks and fintech companies are developing ways to advance chatbots for commerce and customer service.
After its agent issuer left the credit card business, SAC Federal Credit Union found itself managing a credit card program that had been virtually untouched for seven years. Find out how a few small tweaks led to 75 percent growth in portfolio value and quadrupled penetration.
After the holiday sales rush, retailers are looking to upgrade their point of sale technology. This month's issue looks at the trends shaping these investments. To get the magazine, please contact Customer Service at email@example.com or 212-803-8500