While payment technologies advance at a rapid pace, the battle to prevent payment fraud continues to be neverending. Participants in the ecosystem need to arm themselves against relentless criminal elements. Identity theft, data breaches and the expansion of remote payments such as ecommerce and mcommerce are all contributing to the uptick of card-not-present (CNP) fraud. […]
About Madeline K. Aufseeser
Maddy K. Aufseeser provides significant domain expertise to Tender Armor, with over 30 years in the financial services and payment industry, she is able to leverage her knowledge, network and leadership skills to build, promote, and inspire the organization.
Prior to starting Tender Armor, Ms. Aufseeser served as a senior analyst with Aite Group (a leading FI research and advisory firm). Her area of coverage included; prepaid, credit and debit card issuing, marketing and processing, as well as loyalty marketing and incentives. She has advised senior leadership teams and staff at a long list of Fortune 500 companies in the financial sector.
In addition to domain expertise, Ms. Aufseeser brings to Tender Armor experience in business strategy, product management and marketing in the payment sector. As an established thought leader in the payments industry, Ms. Aufseeser regularly speaks at numerous industry events which have included: Money 2020, Paythink, Prepaid Expo, Card Forum, and NBPCA’s Power of Prepaid. She has been extensively quoted in the mainstream press, including The Associated Press, Bloomberg, CNN Money, The New York Times, Reuters, and The Wall Street Journal, as well as bank trade publications, such as American Banker and PayBefore.
Prior to joining Aite Group, Ms. Aufseeser served as a lead strategist and product owner for prepaid products at FIS, senior vice president of products at First Data Corporation, vice president of marketing operations at First Union (now a Wells Fargo company), and worked with MasterCard International and the Bank of New York.
Ms. Aufseeser received a B.S. in Business Administration from American University and has completed Northwestern University’s Kellogg School of Management’s Executive Leadership Program.
Entries by Madeline K. Aufseeser
It’s no secret that fraudsters are becoming more aggressive in their tactics with e-commerce shopping channels as EMV has restricted criminals’ ability to carry out fraud at physical point-of-sale (POS) locations. In its 2018 Identity Fraud report, Javelin Strategy & Research found that online shopping presents the greatest fraud risk, with CNP fraud being 81 […]
I recently had the opportunity to speak at Card Forum 2018 where I addressed a number of card and payment executives representing the industry’s leading issuers, networks, retailers and innovators. With my co-presenter, Brian Fisher, Group Product Manager at U.S. Bank, I led a lively discussion on the topic of card-not-present (CNP) fraud. Following […]
During Card Forum last month, I was honored to participate on a panel discussing leadership traits associated with sustaining a successful career as a woman in payments. The panel included long-tenured industry experts and women who I admire. Much like myself, all the ladies on the panel have benefited from encountering many extraordinary female colleagues […]
Shiny new technology tools utilizing big data are making it easier than ever before to shop online. For consumers that means more relevant reward programs and a proliferation of the 1-click buy button. But before you click that buy button be forewarned, fraudsters are out and about looking for the weakest link in the purchasing […]