As 2015 winds down I would like to revisit a few favorite blog topics that I’ve posted from the last year. This year was certainly one of the most robust with the EMV™ deadline, mobile pay and tokenization to name a few topics that were top of mind. What were the some of the developments you think will continue to gain momentum into 2016?
Managing payment card fraud can be challenging for financial institutions. As the October 2015 Liability Shift deadline approaches, many still see EMV™ as a holistic answer to the fraud attacks plaguing many retail companies. Far from a panacea to all instances of fraud, however, it’s important to remember that EMV™ is but one part of the fraud prevention puzzle. Issuers need to equip themselves with a multi-pronged fraud prevention strategy in order to protect their bottom line and keep their cardholders secure.
The payments industry is quickly changing as new technologies become available and security concerns require financial institutions to react. As a result, a ton of new buzzwords and acronyms are making their way into our conversations. It’s easy to get lost in this alphabet soup. Here’s a rundown of what they stand for, what they do and in some instances how they work together to make our payments easier and more secure.
Information Overload: Why Portfolio Managers Need Analytics
Information and how it is used are keys to any company’s success. A recent study from the University of Texas at Austin found that for the median Fortune 1000 company, a 10% increase in the usability of its data translated to an increase of $2.01 billion in annual revenues; while a 10% increase in remote accessibility of data translated to an increase of $65.67 million in net annual income. The solution is analytics.