In financial services, in the eternal war to keep customers (and themselves) safe from online fraudsters, banks may lift a mantra from the real estate sector: It’s all about location, location, location. Geolocation services are proving to be a powerful weapon against phishing attempts, account...
With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen their compliance to mitigate the risk of running afoul of the law. Whether it’s simple online purchases or banking, or...
Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level of theft is on the rise, too. “I think bad actors and fraudsters always follow the money,” Elizabeth Cronan, vice...
The idea remains as simple as ever: Put down money on a team or athlete because of fandom, a hunch or a considered view, and then hope to turn a profit. But since the U.S. Supreme Court ruled earlier this year that states can allow...
November 25, 2024
The holiday shopping season is retailers’ peak period. “Holiday shopping puts tremendous pressure on eCommerce platforms,” Radar CEO and Co-founder Nick Patrick told PYMNTS. In the chaotic countdown to the holidays, it’s not just Santa’s sleigh that needs to run on time. Customers are armed with wish lists, demanding schedules and a relentless drive for […]
December 29, 2020
With digital transactions and eCommerce soaring during the pandemic, the rate of increasingly sophisticated fraud has also risen. With it, financial institutions need to strengthen their compliance to mitigate the...
November 13, 2020
Government-benefits fraud runs at about 10 percent even during normal times, but now that the pandemic has exponentially increased U.S. federal stimulus spending, the level of theft is on the...
July 05, 2018
The idea remains as simple as ever: Put down money on a team or athlete because of fandom, a hunch or a considered view, and then hope to turn a...
July 10, 2015
CU Wallet is opening up its mobile wallet to some promotions. The credit union services organization, it was announced yesterday (July 9), has teamed up with mobile in-store shopping content provider Relevant Solutions to integrate merchant offers and promotions into CU Wallet’s mobile wallet. Said integration, a press release notes, will bring the participation of […]
March 24, 2015
Twitter has cut a deal with Foursquare to let users tag their tweets with much more specific location information, Twitter announced in a blog post on Monday (March 23). Users...
March 17, 2015
Mobile devices have finally dethroned PCs as consumers’ preferred way to search for information on local products and services, a new study by the Local Search Association (LSA) has found....
December 05, 2014
Beacons have become pervasive as the holiday selling season arrives — and that’s mostly because the numbers show they’re working, the Associated Press reported on Thursday (Dec. 4). Between July...