MINNEAPOLIS - (07/24/06)Fair Isaac Corp., maker of theubiquitous Falcon anti-fraud payment system, said it has agreed toundertake a study on click fraud and click quality in pay-per-clickadvertising. The study, conducted with the Search Engine MarketingProfessional Organization, will be used to help online businessesto differentiate between Internet advertising clicksthat are genuine expressions of human interest and those that arenot. Fair Isaac scientists believe the neural networks they use todetect fraud for 450 million active payment cards worldwide can beused to differentiate between real and fake clicks.SEMPO members and non-member advertisers will have an opportunityto contribute anonymous click stream data to the study. Inexchange, they will receive meaningful analysis of their searchengine advertising and potential click fraud.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
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Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
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Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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