Trump Blasts Libra And Crypto | Mastercard Talks What’s Next For Transfast | AI That Thinks Like A Fraud Analyst

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Trump blasts Libra and crypto, Mastercard talks what’s next for Transfast, AI that thinks like a fraud analyst

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 12, 2019

Payments Security

AI That ‘Thinks’ Like A Fraud Analyst

The data there to help separate good transactions from bad, but not all data is equal. Rich Stuppy, chief customer experience officer at Kount, explains to PYMNTS why the company has launched a new solution that uses artificial intelligence (AI) and supervised and unsupervised machine learning to identify threats and protect against fraud — much the way an experienced fraud analyst would.

 

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ATMs

As Banking Evolves, So Does The ATM

ATMs are getting smarter and more interconnected — and becoming a more important part of the financial services’ digital ecosystem. Octavio Marquez, senior vice president and managing director of banking Americas at Diebold Nixdorf, tells PYMNTS how to make ATMs more flexible and agile in this mobile, increasingly contactless world.

 

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Commercial Banking

Commercial Banking Gets Up Close And Digitized

Commercial banking can take some cues from eCommerce, especially when it comes to serving customers with speed and convenience. Bottomline Technologies’ Jessica Cheney, vice president of product management and strategic solutions, weighs in on what makes a bank’s digital strategy a successful one.

 

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 AML/KYC Tracker™

Fighting Crypto’s $1.2B+ Fraud Problem

Crypto thefts, scams and fraud cost more than $1.2 billion in Q1 2019 alone. Securing against these threats requires trading platforms to strategize against all eventualities, says Bitbuy President and Founder Adam Goldman. In this month’s AML/KYC Tracker, Goldman explains how Bitbuy uses new tech and identity screening to protect its more than 50,000 users.

 

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 X-Border Transactions

Mastercard On What’s Next For Transfast

Mastercard’s acquisition of Transfast is a done deal. What’s next? Stephen Grainger, executive vice president of Mastercard, tells Karen Webster that the deal addresses pain points in cross-border transactions for SMBs and consumers — and leverages Transfast’s moorings in the traditional remittance model to new offerings in the digital payments age. Here’s why.

 

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What's Hot

Trump Speaks Out Against Crypto, Calls It ‘Based On Thin Air’

Mastercard, OpenText Team To Streamline Supplier Onboarding

SafeCharge Taps Visa Direct To Speed Insurance Claim Payouts

Airbnb Rival Sonder Reaches Unicorn Status

Germany’s N26 Neo-Bank Rolls Out US Mobile Banking

Cannabis Law Reform Gains Momentum In Congress

Voice Data Leak Prompts Google To Refresh User Policies

Docs Show Walmart Lobbied US Gov About India eCom Rules

Fed Chairman Calls For Libra Freeze; Bitcoin Slumps

Bitcoin Daily: Canada Eases Crypto Rules, Bitcoin ATMs Elude AML Efforts

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Subscription Commerce’s 'Fear Of Commitment' Moment

 

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