PYMNTS

OCTOBER 5, 2020

Cybercriminals deploy a variety of tactics to process their ill-gotten gains, ranging from techniques as basic as exchanging gift cards to ones as advanced as setting up fake eCommerce storefronts. For more on these and other AML/KYC news items, download this month’s Tracker. Streamlining AML And KYC Procedures Via AI.

Online 141

Online Compliance Report Study 141

PYMNTS

OCTOBER 24, 2018

24) a partnership to issue prepaid cards tailored to the Southeast Asian market. To overcome that, Grab, along with Mastercard, will issue virtual and physical prepaid cards directly from the Grab app. Customers can add cash to the card to spend at any merchant, online and offline, where Mastercard is accepted around the world.

Cards 126

Cards Regional Mobile Payments 126

PYMNTS

OCTOBER 26, 2016

Ingenico ePayments, the online and mobile commerce division of Ingenico Group, and Ingenico Labs, its innovation department, announced Tuesday (Oct. 25) they have jointly developed a completely new way to make secure online payments on a mobile device , simply by tapping a payment card against it.

Mobile 100

Mobile Online Payments Cards 100

PYMNTS

OCTOBER 4, 2019

Technology providers are exploring a range of solutions to seamlessly verify customers’ identities, with the biometrics market projected to reach more than $59 billion by 2025. Hitachi first demonstrated the technology in London in September, and plans to officially launch the product in Europe next year. billion by 2024.

Online 144

Online Ohio Knowledge Base Regional 144

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

PYMNTS

JULY 1, 2020

Despite the surge in mobile payments and online banking , no one is predicting the disappearance of traditional banks and their brick-and-mortar branches. . consumers who have at least one credit or debit card and mobile device revealed that 24 percent would be “very” or “extremely” likely to switch to the new generation of banking.

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Survey Cards Millennials ATM 183

Abrigo

SEPTEMBER 20, 2023

And those same economic factors might lead financial institutions to curtail vital investments like anti-fraud technologies, making themselves more vulnerable. Often, perpetrators of this type of fraud are younger males with a strong understanding of technology, residing in cities and usually not financially well-off.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

OCTOBER 15, 2018

A recent string of attacks in the state has seen criminals seeking payment via prepaid card solution Green Dot , urging small business owners and professionals to load money onto the Green Dot card and sent it to them. Researchers advised small business owners to not download any email attachments from an unnamed address.

Maryland 192

Maryland Online Cards Data 192

PYMNTS

JANUARY 26, 2021

CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

MARCH 6, 2019

Minute Suites is encouraging travelers to download the app, which lets them reserve a suite online. The app asks consumers where they are going, what time and day they would like to stay and, when consumers register, the app puts the card on file, much like the app of a big hotel chain.

Mobile 109

Mobile Technology Fort Worth Dallas 109

PYMNTS

JUNE 19, 2019

For financial institutions (FIs) and merchants, the opportunity is there to harness technology and mobile card services to drive sales up, drive fraud down and cement long-lasting relationships with consumers. It’s over 70 percent.”. Beyond The Anti-Fraud Benefits.

Cards 112

Cards Mobile Fraud Data 112

Perficient

JANUARY 27, 2022

The American public has long held and transferred money in digital forms, including bank accounts, online transactions, or payment apps (i.e., The full 40-page paper is available for download here: Money and Payments: The U.S. Venmo and Paypal). Conversely, a CBDC would be a liability of a central bank, like the Federal Reserve.

cryptocurrency 294

cryptocurrency Payments Policies Fraud 294

PYMNTS

DECEMBER 1, 2020

As consumers spend more time at home, they continue to order groceries online in far larger numbers than they ever did before the pandemic. In fact, even more consumers have shifted to ordering their groceries online over time, as 15.7 In fact, even more consumers have shifted to ordering their groceries online over time, as 15.7

US 196

US Data Online Meeting 196

PYMNTS

JANUARY 13, 2021

Experts predicted that up to $190 billion would be spent online this year, a 35.8 The prevalence of online commerce opens new doors for digital fraud, however, both from career fraudsters and opportunistic customers. 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 13, 2016

While making a purchase online may feel like a granted convenience to most modern-day consumers, finding the right method of payment isn’t always as simple as it may seem, especially outside of the U.S. In fact, in certain parts of the world, the online ordering process isn’t always quite so predictable or smooth.

Cards 100

Cards Regional San Francisco Online 100

PYMNTS

JUNE 4, 2020

Ondot Systems , a digital services platform for credit and debit card issuers, said it is partnering with Visa in a new program. The agreement enables cardholders to add Visa cards instantly to their digital wallets. Digital card use is one of the key drivers of card choice.

Cards 133

Cards Mobile California System 133

PYMNTS

JULY 2, 2020

Financial institutions (FIs) are therefore expected to offer more contactless cards this year and some are also unveiling services intended to help consumers easily add cards to their digital wallets. consumers to shift as much as $100 billion in annual spending from credit to debit cards. Around the Next-Gen Debit World.

Fraud 222

Fraud Cards Florida Trends 222

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. For more information on these stories and other payments orchestration headlines, download the Playbook.

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Compliance Data Report Meeting 243

PYMNTS

JULY 24, 2016

Businesses of all kinds are racing to reward customers for their loyalty with gift cards, sales and other offers. But, while they often may seem like sweet and simple purchases, there’s a lot that can go into turning gift cards, rewards, and other promotions into profitable and meaningful transactions. Accepted by (almost) everyone.

Cards 100

Cards Mobile System Branding 100

PYMNTS

MARCH 30, 2020

Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. Rising generations show a keen interest in debit cards, according to a new report.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

MAY 4, 2020

Customers and merchants rely on their banks and credit unions (CUs) to ensure they have secure, convenient online transactions, and many FIs work to detect fraud by looking for abnormal purchasing behaviors that could indicate something is amiss. To find more about these and the rest of the latest headlines, download the Playbook.

Fraud 197

Fraud Data Tools Online 197

PYMNTS

MARCH 4, 2019

The app can be downloaded for free on the Google Play App Store or iTunes App Store, according to a post on Square’s website. The service enables customers to make bookings online 24/7 via booking links or a free online booking website.

Trends 150

Trends Cards Google Payments 150

PYMNTS

SEPTEMBER 17, 2020

QuadPay allows shoppers to divide any purchase into four “interest-free installments” paid during six weeks with the debit or credit card that they already have. The company’s app has been downloaded more than 2.3 Vyze utilizes a technology system that can work with companies and lenders to provide more choice in payment methods.

Charlotte 160

Charlotte Video Retail Payments 160

PYMNTS

FEBRUARY 28, 2020

The banking industry is undergoing a sea change in the new decade, with online and mobile banking growing ever more popular among customers, and challenger banks and FinTechs disrupt the market with new technologies. Digital-first technologies are also being used for charitable purposes.

ATM 159

ATM Study Analytics Meeting 159

PYMNTS

OCTOBER 15, 2020

I know Klarna is used by some online shops I shopped from, but I’m 100% sure I've never used it.”. A spokesperson for Klarna told the BBC that anytime anyone uses Klarna checkout technology they are agreeing to the terms and conditions, which includes getting promotional emails. . how & why do you have access to my email address?

Retail 159

Retail Marketing Data Technology 159

PYMNTS

JANUARY 8, 2019

While the holiday retail rush meant big gains for some retailers, it also came with an influx of fraud, both in-store and online, as fraudsters took advantage of a high-pace, high-volume period of transactions. In fact, over 5 percent of online retail revenue is now lost to fraud. credit card losses will exceed $12 billion.

Fraud 166

Fraud Retail Security Branding 166

Abrigo

JULY 13, 2023

A scam usually begins with online contact via social media or dating apps. Scammers build up a victim’s trust and gain access to their online account information, sometimes “fattening the pig” by soliciting more investment in cryptocurrency before “slaughtering the pig” and stealing the cryptocurrency.

Fraud 195

Fraud cryptocurrency Training social media 195

Perficient

NOVEMBER 19, 2020

If it’s more than 10 minutes for an online/website process or more than five minutes for a mobile process, the abandonment rate impacts account openings as much as 40%. How many clicks does it take to open an online account? Abandonment rates increase significantly when the time to complete an application exceeds five minutes.

social media 309

social media Customer Experience Knowledge Base Mobile 309

BankBazaar

AUGUST 28, 2019

If you’re looking for a card that’s loaded with rewards, your search ends here! Say hello to the HDFC Bank Freedom Credit Card! We’re happy to announce the launch of the HDFC Bank Freedom Credit Card. The Freedom Credit Card by HDFC Bank is a rewards credit card that comes with a wide range of benefits and features.

Cards 60

Cards How To Online Taxes 60

PYMNTS

NOVEMBER 18, 2020

The November Mobile Order-Ahead Tracker® explores the impact of AI and how eateries are using the technology to ease their operations, personalize customer offers and fight fraud. For more on these stories and other mobile order-ahead headlines download this month’s Tracker. Around The Mobile Order-Ahead World. About The Tracker .

Boston 186

Boston Fraud Marketing Mobile 186

PYMNTS

JUNE 3, 2020

Online account openings have increased 14.5 during the past two months, for example, and mobile banking app downloads saw a 60 percent jump. Digital technologies that can be quickly developed and integrated into banks’ platforms, particularly those that enable faster payments, will therefore be critical.

Digital Banking 131

Digital Banking Mobile Tools Online 131

PYMNTS

JUNE 7, 2019

Yes, that’s painfully obvious, but it’s a lesson reinforced every day in commerce — a lesson that holds true as more shopping goes online and becomes ever more mobile. The specification is available for free public download from the EMVCo website. With SRC, consumer buying experiences online will be easier, faster and more secure.

Security 147

Security Cards Payments Online 147

PYMNTS

AUGUST 12, 2020

These two stressors are prompting some business-to-business (B2B) payers to use virtual cards to give quick settlement times to vendors while buyers themselves do not have to move money from their bank accounts until the card bills are due. Download the Report to get the full story. Around The B2B Payments World.

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Report Strategy Cards Payments 175

PYMNTS

MARCH 8, 2019

The Girl Scouts of Greater Atlanta has announced similar payment acceptance news, enabling customers to pay for its famed cookies using Apple Pay, Google Pay and Samsung Pay, as well as debit and credit cards, through First Data ’s Clover mPOS offerings. For more on the latest mPOS headlines, download the Tracker. About the Tracker.

Samsung 142

Samsung Survey Atlanta Mobile 142

PYMNTS

MARCH 22, 2018

Online and mobile banking interfaces have become must-have features for financial institutions in the digital age. But even as more consumers use mobile and online banking apps than ever before, they are frustrated by the experience when they log on, and still prefer visiting a bank branch for more involved transactions. .

Digital Banking 152

Digital Banking Report Mobile Online 152

PYMNTS

AUGUST 29, 2019

A recent report found that ASEAN nations are projected to lose $260 million to online fraud this year, with eCommerce companies bearing the brunt of these losses. Businesses are turning to a variety of solutions to fight fraud, including leveraging blockchain technology. The network found that Australia’s 2018 card fraud rate was 72.8

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Fraud blockchain System Cards 158

Abrigo

JANUARY 4, 2023

DOWNLOAD WHITEPAPER. According to the FTC, the top ten crypto fraud trends to watch in 2023 are: Investment scams: Investment scams come with "get rich quick" and "no risk" promises, often initiated through social media or online dating apps. Consumers are accustomed to upgrades as part of innovative technology. That's a scam.

social media 195

social media Fraud cryptocurrency Trends 195