PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. Clicking can initiate malicious attacks and spyware that can steal passwords, credit card numbers and other data from browsers.

Analytics 141

Analytics Data Security San Diego 141

PYMNTS

SEPTEMBER 21, 2018

20) that its Insights Generator is now live, enabling businesses to use the Suplari Intelligence AI platform to develop custom analytics for their finance and procurement processes. The Insights Generator augments that offering by allowing businesses to access insights on specific areas of the organization for more customized analytics.

Analytics 133

Analytics Data System Management 133

PYMNTS

MARCH 27, 2020

.” As investors and startups remain on-edge about exactly how this will play out, only a few B2B technology startups announced their own investments this week. companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption. Arkose Labs.

Cards 181

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PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

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PYMNTS

FEBRUARY 5, 2020

Commercial card technology can ease multiple pain points in B2B payments. But as today’s industry players reveal, the commercial card opportunity is often biggest in areas outside of the payment. Pleo Makes a Commercial Card Shift. We know the importance of cardholders’ preference for rapid self-service.

Cards 134

Cards Payments Analytics Data 134

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

SEPTEMBER 23, 2020

There were 223,163 cases of identity theft that year across all generations, with 42 percent of them consisting of bank and credit card fraud. billion) annually on cybercrime prevention efforts, according to a recent study, with many of these investments devoted to cloud-based systems that harness data analytics. billion ($8.9

Technology 208

Technology Report Fraud Study 208

PYMNTS

NOVEMBER 15, 2019

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. “But in the cross-border space, it’s a different ball game.”

Cards 162

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PYMNTS

MARCH 4, 2020

This is why Paul Davis is turning to new technology, Floyd said. The firm is also deploying data analytics as well as fuel cards to improve its fleet management efforts. Paul Davis is also preparing to issue fuel cards to its employees, granting the company stronger control and additional data concerning employee gasoline usage.

Management 141

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PYMNTS

JANUARY 27, 2021

But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Case in point: as Minna Technologies has noted, the average European consumes has 11 subscriptions in place — and the average household has 21 subscriptions.

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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

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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. The app relies on both in-house analytics systems and its financial institution (FI) partners’ security systems to fight these frauds and scams. Leveraging AI To Fight Cybercrime.

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Fraud Analytics System Examples 171

PYMNTS

JUNE 26, 2019

What is surprising, however, is how relatively anemic a showing data analytics makes in terms of executive enthusiasm, with just over a third (35.7 Financial institutions, he noted, don’t pursue things like data analytics as an end in themselves — it is a tool that is almost always going to be used in service of a broader objective. “If

Analytics 118

Analytics Data Tools Fraud 118

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

JANUARY 29, 2020

Virtual cards have been spreading across the B2B payment space because of their cost-saving benefits for both companies and suppliers. These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud.

Cards 130

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PYMNTS

FEBRUARY 19, 2020

Analysis of contactless card transactions revealed that the volume of commercial card contactless payments, both debit and credit, jumped 24 percent between 2018 and 2019. At the same time, commercial credit cards’ cash advances dropped 14 percent last year. SumUp Wields Cards For Faster Revenue.

Cards 131

Cards Management Report Data 131

FICO

JUNE 28, 2018

Shanghai Pudong Development Bank Issued More Than 9 Million New Credit Cards Last Year Using FICO Originations. Shanghai Pudong Development Bank (SPDB) Credit Card Center, a credit card lending pioneer in China, has increased its customer base using originations powered by technology from analytics software firm FICO.

Analytics 51

Analytics Cards How To Big Data 51

PYMNTS

MARCH 3, 2020

PSCU , a payments credit union service organization (CUSO), announced that Westby Co-Op Credit Union (WCCU) has become a part of the cooperative for credit card processing support and services. The CUSO said it invests in cyberattack prevention tools, such as machine learning (ML) and data analytics, on a regular basis.

Cards 130

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PYMNTS

FEBRUARY 20, 2020

It’s an area of business spend friction that is driving a newfound resurgence in commercial card innovation that the card industry hasn’t seen in decades, with FinTech firms stepping in to take advantage of card transaction data. ” The Biggest Culprits Of Waste. Nixing The Personal Guarantee.

Cards 140

Cards Software Data Management 140

PYMNTS

JUNE 30, 2020

“PSCU has transformed its business model and evolved from a transactional processor and reseller of a platform partner’s products to an integrated, value-add financial technology solution provider, and we look forward to delivering the benefits of this scale to Primax clients,” he said, according to the press release.

Cards 130

Cards Financial Technology Analytics Operations 130

PYMNTS

SEPTEMBER 6, 2019

As noted in the most recent edition of the Innovation Readiness Playbook, the majority of FIs — at 57 percent — say that payments technology remains on their innovation and roadmaps for the next three years. The customers are savvier, and they’re looking for more from their card than just basic features.”.

Technology 110

Technology User Experience Innovation Analytics 110

Bank Innovation

JUNE 28, 2019

As contactless payments gain wide adoption in Europe, there are questions around how quickly the technology will scale to U.S According to a report released today by data analytics firm GlobalData, increased adoption of contactless […].

US 170

US Analytics Cards Examples 170

PYMNTS

SEPTEMBER 24, 2018

based Volopa has unveiled contactless multi-currency prepaid cards and India- based Obopay purchased mobile app company Mubble. London-based Volopa has unveiled contactless multi-currency prepaid cards geared toward businesses and consumers, according to reports. In addition, U.K. In the U.K. In the U.K.

Cards 138

Cards Analytics Mobile ATM 138

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. These businesses’ strategies are often hamstrung by legacy fraud solutions that rely on data warehouse technology. This is a problem that can be easily remedied.

Analytics 116

Analytics Data Fraud Tools 116

FICO

NOVEMBER 10, 2020

I am always glad to see headlines like this one, which ran last summer in The New York Times: “ How to Reduce Credit Card Fraud.” Software does flag some transactions that seem out of place, but technology is often behind crooks who are getting more sophisticated at making their charges look legitimate.” Emphases added.).

Fraud 98

Fraud Cards Analytics Mobile 98

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

Perficient

APRIL 4, 2022

While mobile has long been a part of the carrier offering – pay a bill, get an ID card, file a claim – this survey reflects the evolution of insurers from transactional into personalized servicing. 1) Know Me – Data & Analytics Relevant to the Customer. 2) Learn About Me – Preferences and Interactions.

Mobile 294

Mobile Survey User Experience Analytics 294

FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Fraud and Financial Crime Technology Convergence. Should you centralize or converge fraud and financial crimes operations and technology?

Fraud 52

Fraud Technology Management Trends 52

PYMNTS

NOVEMBER 16, 2018

Financial solutions provider Comdata is teaming up with Computer Guidance Corporation to integrate virtual card payment functionality for the construction industry. 15), the company announced the launch of eCMS Connect for Comdata Virtual Card, enabling Computer Guidance clients to automate vendor payments. On Thursday (Nov.

Cards 122

Cards Payments Analytics Data 122

Perficient

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques, have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

Risk Management 221

Risk Management Compliance Fraud Regulation 221

PYMNTS

JANUARY 9, 2020

Businesses demand actionable insights, and analytics technology must be tailored to users in a way that can guide corporate strategy. The procure-to-pay function is no exception, with businesses continuing to show demand for technologies that can analyze spend and purchasing behavior. ” Collaboration Through Data.

Analytics 154

Analytics Data Trends Technology 154

Celent Banking

JUNE 12, 2017

Eighty years ago a group of major airlines implemented the first commercial cards. Since then, cards have evolved from addressing expenses for travelling employees to eliminating friction across the business-to-business (B2B) financial supply chain.

Cards 100

Cards Payments Capital Analytics 100

PYMNTS

SEPTEMBER 20, 2019

Meanwhile, a new service from legal analytics solution provider Quovant recently launched, that aims to help SMBs manage their legal expenses. Danish engineer and technology firm Danfoss recently launched its own initiative aimed at helping SMBs to address telecom-related expenses. Empowering Solar Technicians With Spend Cards.

Cards 116

Cards Management Analytics Marketing 116

Perficient

JULY 27, 2020

If you’re noticing new customers requesting accounts within your business, or new users on your site, you should look at your commerce site analytics and see what these customer demographics look like. People / Process / Technology. Are you currently able to accept credit cards? Is Your Business Set Up for This?

Analytics 332

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PYMNTS

DECEMBER 8, 2017

It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. 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.

Bitcoin 139

Bitcoin Analytics Payments Capital 139

FICO

OCTOBER 6, 2016

Scott Zoldi, has just been named one of the winners of the first Analytics 50 Awards by Drexel University’s LeBow College of Business and CIO.com. The awards program honors 50 executives who are using analytics at their organizations to solve business challenges. billion payment cards worldwide. Congratulations, Scott!

Analytics 60

Analytics Fraud Leadership Training 60

PYMNTS

JANUARY 6, 2021

The need for integrated data analytics has never been more significant and impactful given our current climate," he said. While there is plenty of sophisticated technology available for fleet managers to operate, connecting these systems (and their data) with each other is a major challenge.

Data 253

Data Analytics Management Operations 253