PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. But put the same consumer online and the story is very different.

Security 267

Security Fraud Data Online 267

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Getting the European Union on the path to 3D Secure 2.0 also known as 3DS 2.0

Security 233

Security New York Atlanta Fraud 233

PYMNTS

NOVEMBER 27, 2020

Remote onboarding has overtaken (some might say overwhelmed) banks and merchants all year long as a deluge of faceless applicants opened accounts and cards. Financial institutions (FIs) and other issuers need more assurance than they’ve been getting, however, as cyber scams founded on false identities and bogus accounts are through the roof.

Security 269

Security Study Mobile Data 269

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

SEPTEMBER 22, 2020

But if the man called his card issuer and pretended the order was never his and that his card had been misused fraudulently, he wouldn’t owe the fee. The first are brick-and-mortar players that have made a big shift to either go online for the first time or have upgraded their digital services.

Fraud 216

Fraud Security Cards System 216

PYMNTS

JANUARY 15, 2021

Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. The 2020 holiday season has been vastly different from seasons past, however. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 159

Retail Online Fraud Cards 159

PYMNTS

OCTOBER 8, 2020

Risk management platform Feedzai announced a 44 percent increase in growth for the first half of the fiscal year for 2020, which a press release says was one of the company’s most successful so far. Comparing it favorably to the first half of 2019, Feedzai says it closed deals in the U.S., EMEA, Asia and the Pacific and Latin America.

Report 247

Report Fraud Risk Management America 247

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: The portion of consumers shopping and paying for retail goods online increased 34.9 percent use debit cards and 42.1 percent to 11.5

Data 277

Data Innovation Payments Millennials 277

Gonzobanker

DECEMBER 22, 2020

This Year was brought to you by the number 2020 and the letters W, T and F” – Big Bird (more or less). Sit back and enjoy our take on the best and worst of banking in 2020 as you celebrate the holidays. Most Oft-Heard Statements of 2020. Kudos to blazing new trails that many institutions are taking on in 2020.

Idaho 172

Idaho Community Industry Strategy 172

Bank Innovation

MARCH 28, 2018

The Internet of Things is notoriously insecure — unsecured, or poorly secured IoT devices have contributed to a number of cyberattacks, and these are on the rise as the number of devices increases. There are more than 8 billion connected devices today, with over 20 billion estimated for 2020.

Security 268

Security Video Bitcoin blockchain 268

PYMNTS

DECEMBER 4, 2020

This week, Stripe introduced banking services, we get a glimpse of the EU's upcoming Digital Services Act and PYMNTS' data reveals online purchases ruled Black Friday. Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The Weekender can catch you up. Top Trackers And Reports.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

DECEMBER 24, 2020

market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. billion during 2020’s first nine months. Considered an online version of a dollar store, ContextLogic looked in many ways like the next Amazon. percent during 2020’s first nine months to $1.75

US 230

US Company Report Payments 230

PYMNTS

NOVEMBER 12, 2020

There are significant segments of the American consumer base that appreciate the pay-as-you-go aspect, convenience and trusted security of debit,” he said. And security and safety is particularly top of mind with consumers today in the pandemic.”. The Shift To Safety.

Cards 161

Cards Study Exercises Meeting 161

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P. Following The Consumer Trend.

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. PYMNTS’ July 2020 Building a Better App Playbook , done in collaboration with Ondot , focuses on the rise of credit and debit usage amid the pandemic’s backdrop.

Cards 151

Cards Mobile Groups Tools 151

PYMNTS

DECEMBER 29, 2019

As online banking continues rapidly evolving , ahead of another anticipated round of funding next year, digital challenger bank Monzo remains in discussions to secure as much as £100m in upcoming weeks. million customers in 2019, offering those users a mobile app bank account and a distinctively-colored coral credit card.

Capital 143

Capital United States Digital Banking Online 143

PYMNTS

FEBRUARY 21, 2019

Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, the Wall Street Journal reported on Thursday (Feb. The new card is aimed at helping consumers with money management, and bringing the companies into new areas of business.

Apple 172

Apple Cards Report Lending 172

PYMNTS

DECEMBER 26, 2019

Shorten the timeframe a bit, and it gets (just a bit) easier to see what may be rushing toward us – or what we may be rushing toward — in terms of innovation in-store, online and across all manner of channels. In fact, a time capsule sealed today, with a prediction of what Dec.

eBook 137

eBook Payments Course Trends 137

PYMNTS

DECEMBER 10, 2019

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. Expected to go live in the spring of 2020, UICCU will have more than 21,000 active users on the platform.

Security 130

Security Illinois User Experience Digital Banking 130

Bank Innovation

MARCH 30, 2017

The global Internet of Things needs to have great cybersecurity—that’s why leading card provider Mastercard just acquired financial cybersecurity firm NuData Security.

Security 150

Security Video Cards Online 150

Gonzobanker

JANUARY 17, 2020

Well GonzoBankers, the gang is back to work and we are all headed face-first into 2020 – a year with more uncertainty than most about how things will turn out. So, to get your Gonzo executive brains warmed up for a new year, I offer you 20 important banking realities for 2020 to guide your strategic execution efforts: 1.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

PYMNTS

OCTOBER 18, 2018

17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making online transactions speedier and more secure. The company is also working with issuers, including Citi and Fifth Third Bank, to convert cards on file into tokens.

Cards 150

Cards Security Online Branding 150

PYMNTS

JANUARY 15, 2021

A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. As 2020 is becoming 2021, on the other hand — not so much and for good reason. The Five Key Steps To Digitization. Piatt asked. But in the No.

Cards 235

Cards Payments Mobile Data 235

PYMNTS

DECEMBER 24, 2020

Consumers, in short, entered spring 2020 realizing that their old, largely physical habits for feeding themselves were a bad fit in a world where proximity between themselves and strangers was frowned upon as a public health liability. The Secret Sauce For Securing Foods Digital Future Is Forethought. “If

Study 206

Study Industry United States Innovation 206

PYMNTS

SEPTEMBER 3, 2019

The most transformative innovations in payments and commerce over the last decade are mostly the result of innovators making what was once visible, invisible: payments, stores, merchants, brands, issuers, even card networks. Cards on file, credentials stored long before voice assistants became a thing, will likely remain just as they are.

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

DECEMBER 16, 2019

I’ve connected a few of the dots from over the last decade that I believe will shape how the world will evolve in the 2020s, as well as the role of payments in driving that change. 2020 Trendline One: Rapid Acceleration Of Cash To Digital Payments. 2020 Trendline Two: The Rise Of On-Call Commerce.

Payments 180

Payments Innovation Cards Google 180

PYMNTS

JUNE 19, 2018

Get a toehold in a consumer’s account with a card and whammo, here comes EMV. Fraudulent activity is 81 percent more likely to occur online than at the physical point of sale. By now, it’s widely known that chip-enabled cards have been pushing fraud to digital conduits. Pity the poor fraudster. We pity no fraudsters.

Fraud 138

Fraud Analytics Online Cards 138

PYMNTS

DECEMBER 17, 2020

One report found that there was a 54 percent increase in gift card and loyalty fraud in May compared to the previous month, making promotion fraud prevention a top priority for merchants. Other fraudsters are deploying phishing schemes to net their ill-gotten gains, either using the stolen data themselves or selling it online.

Fraud 255

Fraud Online Retail Examples 255

Banking Exchange

FEBRUARY 8, 2021

Pandemic sees increase in amount lost to fraud, according to new data Risk Management Feature3 Feature Security AML & Fraud BSA/AML Big Data Covid19 Online Mobile Cards.

Fraud 78

Fraud Big Data Risk Management Report 78

PYMNTS

FEBRUARY 9, 2017

Eckoh has brought a customer’s ability to pay with ease to the next level with the announcement that it can now take a secure payment directly via live web chat (“Live Chat”). Live Chat is believed to be more secure — and convenient — for consumers.

Security 100

Security Payments Fraud Cards 100

PYMNTS

JANUARY 13, 2021

The 2020 holiday season was one for the history books, drastically different due to the pandemic limiting consumers’ in-person shopping experiences. Experts predicted that up to $190 billion would be spent online this year, a 35.8 Phishing scams were on the rise all year, while a survey of online shoppers found that 40.3

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

OCTOBER 9, 2020

Brick-and-mortar commerce has rebounded in recent months, but consumers are still heading online for many of their purchases, maintaining trends set in the early months of the pandemic. Payment trends are expected to continue to tilt toward eCommerce through the remainder of 2020 as well, with some experts predicting that more than 2.1

Fraud 188

Fraud Retail Report Online 188

PYMNTS

DECEMBER 14, 2020

The 2020 holiday shopping season is picking up, and consumers are heading online or to reopened brick-and-mortar stores to shop and pay for gifts. Consumers expect checkout to be frictionless, fast and secure,” Gaines explained. “It It is when [their payment preferences] are not available, they do not feel comfortable.or

Payments 349

Payments Online Retail Mobile 349

PYMNTS

SEPTEMBER 19, 2019

Online sales of such products are projected to reach $1.8 trillion by 2020, presenting a problem for third-party marketplaces that allow individual sellers onto their platforms. Fast Speeds, Smaller Packages and Online Counterfeiting. It’s the stuff that you and I go online and order and get shipped directly to us at home.

Online 133

Online Fraud Report Payments 133

PYMNTS

OCTOBER 14, 2020

When the chips are down, consumers love and trust their debit cards. Debit cards remain the payment method of choice among U.S. consumers, regardless of whether they are shopping online or in stores, according to recent reports,” notes PYMNTS October Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company. “One

Cards 182

Cards Fraud Study Online 182

FluentBanking

NOVEMBER 15, 2020

First Security Islami Bank Limited , a third generation progressive Islami Shariah Based Private Commercial Bank having remarkable number of branches all over the country with excellent working environment, corporate culture & steady growth in it's business expansion program, desires to recruit Probationary Officers to strengthen the team.

Security 98

Security Leadership Online National 98

PYMNTS

SEPTEMBER 19, 2016

The growth of the mobile commerce (mCommerce) and eCommerce industries is fueling the global smart card industry, which is expected to grow at a compound annual growth rate (CAGR) of 8 percent through 2020, according to a new research report. percent of the total market; payment card manufacturers, which account for 20.25

Cards 100

Cards Marketing Mobile Industry 100