This year’s Money20/20 USA featured representatives of 3,500 companies, from too-big-to-fail powerhouses like Wells Fargo to hundreds of startups. Featured speakers included Virgin founder Richard Branson and “Shark Tank” star Barbara Corcoran as well as executives from Google, Amazon Pay, Morgan Stanley, Quicken Loans and Mastercard. The surge in show attendance underscores the massive growth…
Aside from the obvious one (Las Vegas), there are so many reasons to get excited about Money20/20 USA. It’s a great opportunity to learn about innovative new financial products and services, connect with our customers (and meet some new ones!), rub elbows with industry leaders and hear some of fintech’s finest speak on everything from…
Thanks to a steady stream of data breaches, the number of data privacy and data protection regulations is growing and becoming more stringent. Historically, the EU has taken the lead with regulations, as is evident by AML, KYC and GDPR, but the U.S. is starting to take notice—the California Consumer Privacy Act, when it goes…
When was the last time you set foot in an actual bank branch? Traditional brick-and-mortar banking is becoming a thing of the past, with 40 percent of Americans not setting foot in a bank in the last six months. While all generations are increasingly adopting online banking, millennials are taking the lead in mobile banking…
Trust and safety are highly valuable to businesses that need to protect both the reputation and the security of their ecosystems. Businesses need to be able to build quality relationships with complete strangers while also reducing the risk of fraud, criminal behavior and physical harm. Threats to trust and safety can take many forms depending…
Let’s hit rewind for a second. Do you remember the epic Equifax data breach of July 2017? The breach exposed sensitive data about millions of Americans—including thousands of passports and driver’s licenses which were compromised along with the Social Security numbers of nearly all of the more than 146 million affected consumers. With any data…
2018 has been a big year for compliance, with the second iteration of the Payment Services Directive (PSD2) going into effect in January and General Data Protection Regulation (GDPR) launching in May. Still trying to wrap your head around these two regulations and what your business needs to do to properly process the personal data…
Back in December, 4iQ discovered a single file with a database of 1.4 billion clear text credentials — the largest aggregate database found in the dark web to date. The really scary part was that none of the passwords were encrypted, and the ones that have been tested have been verified to be valid. This is bad…
GDPR. AML. KYC. PSD2. CCPA…The acronyms just keep on coming and with them, increasingly stringent and complex requirements for businesses to meet. While delivered with good intention to protect consumers and the global financial system, these mandates and compliance edicts naturally add complexity to business processes. Our latest e-book, Compliance Made Simple, will help you…
The identity fraud detection game is evolving. Fast. Online fraud is now 81% more likely than fraud at the point of sale, and account takeover fraud (ATO) made up a significant and growing chunk of total online fraud in 2017, according to a new report. In its 2018 Identity Fraud Report, Javelin Strategy and Research…