PYMNTS

SEPTEMBER 30, 2019

American Express has announced a new incentive for small businesses to sign up for its Amazon Business Prime American Express Card. That $100 credit is offered to small businesses regardless of whether they are Prime members, though non-Prime members are only eligible for a $100 Amazon gift card in addition to the $100 statement.

Cards 186

Cards Analytics Security Data 186

PYMNTS

JANUARY 12, 2021

In a discussion with Karen Webster, Barker and Pettican explored the rise of consumerization of B2B payments and how virtual cards are supporting this evolution without forcing finance chiefs to give up the control and security that is so vital to successful corporate payments. Expanding The Virtual Card Value Prop.

Cards 228

Cards Payments Technology Analytics 228

PYMNTS

JANUARY 14, 2021

Researchers found that shoppers’ mistrust led to 54 percent choosing one-time guest checkouts, while 37 percent said they are less likely to keep card information on file and 21 percent reported reluctance to purchase more products. Consumers may lack trust in the identity verification process during onboarding, according to one study.

Analytics 170

Analytics Data Study Millennials 170

PYMNTS

MARCH 23, 2018

In financial services today, security and innovation can work with each other, and against each other. But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens. Passwords remain commonplace, despite the evolution of security technology.

Innovation 186

Innovation Security Customer Experience Technology 186

PYMNTS

APRIL 15, 2020

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself in a position to support SMBs and their cash flow needs, too. Boost Finds A Surge In Corporate Card Interest. Visa Fuels Supplier Card Acceptance.

Cards 156

Cards Analytics Payments Management 156

PYMNTS

APRIL 1, 2020

One bank exploring data analytics is ATB Financial , which has 173 branches and 142 agencies throughout the Canadian province of Alberta and assets totaling more than $54.3 One of the early tools of ATB’s data analytics program was its customer service robot, Pepper , which was developed in partnership with SoftBank Robotics America.

Analytics 130

Analytics Data Fraud System 130

PYMNTS

OCTOBER 6, 2020

“We know that fraudsters would like to hack the platform either for money laundering or to use stolen cards, looking for a way to swipe them virtually and get this money and then run away.”. Their end goal is largely the same, primarily targeting payments providers to test or use their stolen credit cards.

Analytics 163

Analytics Data Analysis Payments 163

PYMNTS

OCTOBER 19, 2020

Gone are the days of diners handing waiters a stack of credit cards to split a bill, and instead seamless money transfers occur in a matter of seconds. Securing both of these risk avenues is a difficult undertaking that Zelle does not conduct alone. Leveraging AI To Fight Cybercrime.

Fraud 171

Fraud Analytics System Examples 171

PYMNTS

OCTOBER 5, 2020

Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,

Security 202

Security Bitcoin Capital Analytics 202

PYMNTS

FEBRUARY 26, 2020

As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Below, PYMNTS takes a look at the latest in commercial card innovation.

Cards 150

Cards Google Fraud Management 150

PYMNTS

MAY 20, 2020

With corporate card products offering an opportunity for businesses to manage their working capital, service providers have explored new opportunities to promote adoption of the payment tool. Some FinTechs are targeting small businesses directly with technology to ease card payment and acceptance capabilities.

Capital 172

Capital Cards Fintech Management 172

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. The startup uses data analytics technologies to connect small businesses to a range of business loan products via bank partners. TripActions.

Security 204

Security Fintech Capital Management 204

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

Security 189

Security Capital Analytics Software 189

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

JUNE 19, 2018

Get a toehold in a consumer’s account with a card and whammo, here comes EMV. By now, it’s widely known that chip-enabled cards have been pushing fraud to digital conduits. The reality is, online I can go from store to store to store and can test the limits of that credit card in a very aggressive manner,” Mills said.

Fraud 138

Fraud Analytics Online Cards 138

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. Our team worked in close coordination with the Lumin Digital team to execute a well-orchestrated conversion for our members.

Security 130

Security Illinois User Experience Digital Banking 130

PYMNTS

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

Security 131

Security Fraud Analytics Tools 131

PYMNTS

MAY 11, 2018

With more than $175 million raised for B2B startups this week, the undoubted winner was a California-based artificial intelligence data analytics company – a sign, the firm noted, of the enterprise’s increasing reliance on AI. based Divvy announced $10.5 Divvy noted it would use the investment to focus on growth. Cybersecurity.

Analytics 109

Analytics blockchain California Lending 109

PYMNTS

NOVEMBER 14, 2019

percent this year, and Punchh, a company that started in loyalty cards, is aiming to help those companies see continued growth by providing the types of customer personalization services normally afforded to online customers, according to a report. That data is then fed into Punchh’s AI models to help improve its analytics engine.

Analytics 100

Analytics Retail Cards Data 100

PYMNTS

MAY 1, 2020

Many CUs are doubling down on their efforts to digitize their services in a secure manner. Establishing methods that replace face-to-face banking transactions with secure alternatives is an important need during these changing times, Vas Nunes noted. This turned out to be a win-win for our members and our staff.”

Arizona 159

Arizona Security Cards Phoenix 159

PYMNTS

FEBRUARY 4, 2020

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.

Cards 153

Cards Data System Payments 153

PYMNTS

MARCH 19, 2019

First Data , a commerce-enabling technology and solutions company, announced Tuesday (March 19) the launch of Authorization Optimization, a digital commerce tool that optimizes card-on-file transactions to boost revenue for merchants. All of this occurs without customer intervention, noted First Data.

Tools 173

Tools Data Cards Analytics 173

PYMNTS

JUNE 27, 2019

In the June Mobile Order-Ahead Tracker™ , PYMNTS explores the latest developments in the world of mobile order-ahead and third-party apps, and how account takeovers (ATOs) and card-not-present fraud continue to plague the mobile ordering industry. Developments from around the Mobile Order-Ahead World.

Analytics 122

Analytics Data Los Angeles Mobile 122

PYMNTS

SEPTEMBER 17, 2019

The all-new Securing B2B Payments Report highlights how these solutions are helping B2B partners to quickly and securely make payments and keep their relationships strong. A recent partnership between consulting firm CGI and invoice payment solution provider Ordo aims to make invoice processing safer and more secure.

Cards 130

Cards Payments Fraud Phoenix 130

PYMNTS

OCTOBER 13, 2017

To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. Balance is the only way to boost card revenue. There will be 2.9

Security 108

Security CA Payments Analytics 108

PYMNTS

FEBRUARY 26, 2020

One recent collaboration came from Texas-based Randolph-Brooks Federal Credit Union (RBFCU), which partnered with Fiserv’s subsidiary Raddon to integrate the FinTech’s Predictive Analytics solution. This makes data security of utmost importance to CUs, but even attacks on unrelated third parties can be devastating to CU members.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

JUNE 30, 2020

Primax has been working with designing and providing services for payment card programs for credit unions for 40 years in the U.S. and the Caribbean, the press release adds. Primax president and CEO Ted Keith Jr.

Cards 130

Cards Financial Technology Analytics Operations 130

PYMNTS

OCTOBER 15, 2018

Recent reports indicate an uptick in fraudsters targeting large FIs, and headlines surrounding security breaches and cyberattacks fill the news on a near-daily basis. Visa and Mastercard designed the 3DS protocols and provide them under the names Verified by Visa and Mastercard Secure Code.

Fraud 165

Fraud Security Mobile User Experience 165

PYMNTS

OCTOBER 20, 2017

Citibank has announced news that customers can now utilize the popular Citi Quick Lock feature on their debit cards, enabling them to quickly temporarily freeze their card in order to protect their bank accounts. Customers can easily lock their debit cards online or via Citibank’s mobile app if a card is misplaced.

Cards 108

Cards User Experience Mobile ATM 108

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133

PYMNTS

NOVEMBER 11, 2019

These solutions use Big Data analytics and machine learning (ML) to help businesses better detect fraud and reduce the risks of financial losses. Data lakes are therefore crucial to enabling comprehensive data and analytics strategies. Such insights can also help firms improve customers’ experiences and lower operational costs. .

Analytics 116

Analytics Data Fraud Tools 116

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Enhance data analytics capabilities : Data is a powerful tool. Banks can leverage data analytics to identify unusual patterns and anomalies.

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

JUNE 30, 2017

Apriva , a leading provider of omnichannel payment solutions and secure mobile communications, and Parlevel Systems, a leader for vending technology solutions, announced the completed integration of the Parlevel Micro Market solution to the Apriva payment gateway platform.

Security 110

Security Payments Apple Operations 110

FICO

MAY 9, 2019

Congratulations to UBS Card Center on winning the Security Innovation of the Year award at the Retail Banker International Awards. UBS Card Center processes roughly 25 percent of all credit cards in Switzerland. The post UBS Card Center Wins Security Innovation Award with FICO AI appeared first on FICO.

Innovation 40

Innovation Cards Security Fraud 40

PYMNTS

DECEMBER 8, 2017

In addition to expense management, Happay provides business customers with expense report solutions as well as prepaid and international travel cards for corporate travel payments and expenses. secured $40 million in Series C funding, reports this week said. Artificial Intelligence. California-based H2O.ai

Bitcoin 139

Bitcoin Analytics Payments Capital 139

PYMNTS

MAY 4, 2016

That can mean fraudulent payments made using a business credit card, a compromise of payroll systems or unauthorized ACH and wire transfers. Banks are beginning to provide biometric and behaviormetric technologies [a breed of behavior analytics solutions] to their business customers,” he said.

Security 100

Security Fraud Tools Analytics 100

PYMNTS

DECEMBER 18, 2020

Most customers bypass restaurants entirely when trying to perpetrate chargeback fraud , with 76 percent of cardholders going directly to their payment card issuers. This gives QSRs no chance to weigh in on customers’ assertions and dispute any illegitimate claims.

Fraud 229

Fraud Trends Security social media 229