Survey: Real-time Payments Fraud Up for 4 out of 5 APAC Banks
Additional identity and authentication technologies needed with fraud expected to increase in 2020
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Dan McConaghy
Daniel McConaghy joined FICO in April 2010 as head of the Asia Pacific region. He is responsible for leading the company’s growth in Asia Pacific, overseeing the region’s clients, employees and 14 offices.
Daniel has more than 25 years of experience building and managing technology businesses in Asia Pacific, including senior general management, sales, operations and finance roles with industry leaders Avaya, Lucent Technologies and Digital Equipment Corporation.
Prior to joining FICO, Daniel spent 10 years at Avaya, a global provider of enterprise communications systems, including serving as Regional Sales Vice President and Chief Operating Officer.
Daniel holds an MBA from Babson College (Massachusetts, USA) and bachelor of arts in International Economics from University of Connecticut (USA) and a Certificate of European Studies from the University of Tilburg, Holland. He lives in Singapore with his wife and three kids, where he competes in triathlons, serves as a volunteer athletic coach and is an avid traveler.
Daniel has more than 25 years of experience building and managing technology businesses in Asia Pacific, including senior general management, sales, operations and finance roles with industry leaders Avaya, Lucent Technologies and Digital Equipment Corporation.
Prior to joining FICO, Daniel spent 10 years at Avaya, a global provider of enterprise communications systems, including serving as Regional Sales Vice President and Chief Operating Officer.
Daniel holds an MBA from Babson College (Massachusetts, USA) and bachelor of arts in International Economics from University of Connecticut (USA) and a Certificate of European Studies from the University of Tilburg, Holland. He lives in Singapore with his wife and three kids, where he competes in triathlons, serves as a volunteer athletic coach and is an avid traveler.
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APAC Banks Take A Cautious Approach To Stopping Fraud
Almost three in four banks in Asia Pacific anticipate that fraud in their country will increase in 2019, according to a recent poll by FICO. Of specific concern are transactions co…
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APAC Banks Say Fraudulent Synthetic Identities on the Rise
Synthetic identities fraud is where new identities are made by blending elements from multiple individuals, making the uncovering of fraudulent transactions more complicated. Scamm…
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Do 'Digital-Only Banks' Have a Future in Asia?
Imagine a scenario where banks offer their services digitally; not as an ad hoc feature but as a fully integrated mobile experience. A digital-only bank that allows customers to do…
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FICO Survey: APAC Consumers Taking Longer To Pay Bills
It's Christmas time again and apart from the jingling of bells it’s also a time for the juggling of bills. And apparently, that’s getting harder than ever in Asia Pacific. That wa…
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APAC Banks Say 2016 Brings “Monkey Business” - Data Breaches
In two weeks, the Chinese New Year brings us the Year of the Monkey. Why is this important? Well, according to Chinese Five Elements Horoscopes, Monkey contains metal and water. Me…
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Customer-Centric Collections: Q&A with Japanese Firm Aiful
I recently sat down with Shinichiro Okuyama, executive officer at Aiful (one of Japan’s largest consumer finance companies), to talk about its new customer-centric approach to…
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Asia’s Love of E-Shopping Draws Unhealthy Suitors — Criminals
Consumers in China, Indonesia and South-East Asia are creating a boom in online shopping and ecommerce transactions. A rising middle class, improved internet and logistics and wide…
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Westpac Daily Credit Card Scores Improve View of Customer Risk
Beauty really does lie in the detail. We have all gazed at the splendor a professional high-resolution image and understood, after snapping away for years on a compact camera or ph…
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What’s Keeping APAC CROs Up at Night?
Profit, risk and tailored customer solutions. These were the main themes debated at last month’s APAC chief risk officer (CRO) forum in Bali. This year I was joined by 28 of the re…
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Debating “Big Data or Big Hype?” at the World Economic Forum
Innovation, technology and big data were hot topics this month at the World Economic Forum’s Annual Meeting of the New Champions, where over 1,500 business leaders, government offi…
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Big Data, Customer Management Are Top Concerns for APAC Chief Risk Officers
Last week, FICO and industry analyst IDC Financial Insights gathered 30+ senior risk officers from banks across the region for the third annual FICO APAC Chief Risk Officer Forum,…
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