| OCC fines CapOne $100M, Tim Cook wants EU-type privacy laws, Samsung and HSBC get âphygitalâ | | | Samsung And HSBC Get âPhygitalâ With Wearables Samsung and HSBCâs newly launched pilot program is putting customized Gear S3 watches onto the wrists of employees at the bank's Fifth Avenue flagship location in New York. HSBC Bank USA Head of Innovation Jeremy Balkin says the partnership is the beginning of a longer collaboration, using technology to make banking a physical-digital experience. |
| Solving Digital ID Verificationâs 'Existential Crisis' There's a tug of war when it comes to digital identity verification â between the consumer experience and reducing fraud. Socure Co-founder Johnny Ayers tells PYMNTS that AI-based identity risk scoring can balance those demands by improving acceptance rates, cutting down on manual processes, slashing fraud and reducing false-positives. |
| Why Using Rules Of Thumb To Predict Fraud Is A Fail When it comes to account takeover (ATO) fraud, history matters â as in knowing where the bad guys lurk, how much theyâve made off with and where they may strike again. Itâs about going deeper than just chargeback ratio. Sift Science VP Geoff Huang tells PYMNTS that real-time analytics and reporting can help firms move beyond myths about online fraud and make better decisions in the battle against ATO. |
| | Intelligence of Things Tracker™ | | TRENDING: Tracking Customers Without Giving Them The Creeps Using overhead cameras, scanners and weight sensors to track customers in-store may be the future of physical retail, but what starts as a way to collect data and sell more via seamless checkout can turn creepy for customers. In this monthâs Intelligence of Things Tracker, Krishna Motukuri, CEO of Zippin, discusses how retailers can pair in-store IoT tech to offer easy, checkout-free experiences, while giving customers enough privacy to avoid the creep factor. |
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