PYMNTS

JUNE 7, 2016

And at the crossroads of the authentication conversations are the challenges financial institutions face when addressing consumer authentication and how to implement the best practices in order to provide merchants and FIs with sufficient protection against potential fraud. Challenges Of Consumer Authentication.

Consumer Authentication 41

Consumer Authentication Authentication Consumer Best Practices 41

PYMNTS

SEPTEMBER 18, 2017

Consumers have been complaining bitterly about credit reporting agency practices for decades. More recently, their complaints have been made more transparent, thanks to the CFPB’s consumer complaint database. Since 2012, the CFPB’s consumer complaint database has collected 1.1 They are not.

Regulations 81

Regulations CFPB Database Consumer Financial Protection Bureau (CFPB) 81

PYMNTS

FEBRUARY 18, 2020

An FI’s application database may not be linked to the transaction database – a linkage that, once established, might give rise to new policy rules to monitor risk. With that mindset governing risk control efforts, he said, FIs can better understand what trends and tales the data conveys.

Fraud Prevention 66

Fraud Prevention Account Takeovers Online and Mobile Banking P2P 66

PYMNTS

FEBRUARY 19, 2020

Bad people love Wawa , too – mostly for its large database of consumer information. Game-changing identity/security edicts like the European Union’s second Payment Services Directive (PSD2) and its strong consumer authentication (SCA) requirement has hit implementation snags , further complicating matters. So very tasty.

Law Enforcement 52

Law Enforcement Fraud Detection Phishing Bots 52

PYMNTS

SEPTEMBER 18, 2019

Against the backdrop of fragmentation, where analog is stubbornly entrenched via paper files in cabinets, where PDFs are the latest and greatest steps in data delivery, it might make sense that progress favors the evolution toward, and creation of, a huge global database of IDs, stitched together from governments.

Verification 63

Verification Cross-Border Online and Mobile Banking Push-to-Card 63

PYMNTS

APRIL 22, 2020

They would need a secure database of all the people they needed to pay, with an identifier such as a Social Security number and the amount of the payments. With a few admittedly difficult caveats, he added.

Bureau of the Fiscal Service 59

Bureau of the Fiscal Service Government Governance IRS 59