The Paypers

MARCH 19, 2024

Global financial technology company FIS has announced its collaboration with Stratyfy , aiming to improve its SecurLOCK card fraud management solution.

Fraud 45

Fraud Financial Technology Cards Management 45

PYMNTS

DECEMBER 5, 2019

The creation of credit card infrastructure 60 years ago initially had the consumer in mind, but recent history has shown that investments in card technology are capturing a greater share of the B2B payments market. Leavitt says suppliers are indeed more difficult than buyers to convince of commercial cards’ value proposition.

Cards 132

Cards Payments Technology Tools 132

PYMNTS

JULY 27, 2020

And since 2015, Visa and Mastercard executives have been concerned about issues with Wirecard that included miscoded gambling transactions, high numbers of stolen card purchases and reversed transactions which led to substantial fines, sources told the newspaper. credit card purchases. billion went missing from two Philippines banks.

Report 151

Report Fraud Cards Financial Technology 151

Gonzobanker

SEPTEMBER 21, 2023

Treasury management provider Dragonfly Financial Technologies launched independently from an ACI Worldwide sale. Core: Core-n Mazes and Hayrides FIS acquired embedded finance provider Bond Financial Technologies and announced plans to spin off merchant solutions (to be named Worldpay ).

Fintech 103

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PYMNTS

JUNE 26, 2020

Mastercard and Visa are considering ending their agreements with Wirecard to process payments on their networks as the German financial technology company’s accounting scandal unravels, Bloomberg reported. Our priority is ensuring people are able to continue to use their cards,” Mastercard said. “We

Risk Management 254

Risk Management Fraud System Cards 254

PYMNTS

JUNE 23, 2020

In today’s top news, former Wirecard CEO Markus Braun was arrested Monday night over the firm’s recent accounting fraud scandal, and Airbnb’s CEO is again mulling a potential initial public offering (IPO). Verizon Debuts Visa Credit Card With Rewards. Plus, Amazon’s Big Style Sale runs this week.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

AUGUST 9, 2018

Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. Elan processes credit cards for 1,800 banks in the U.S., providing payment services, credit card issuing, prepaid card and ATM services as well as debit card processing. and more than 13 million ATM and debit cards.

US 113

US Payments ATM Fraud 113

PYMNTS

OCTOBER 4, 2019

That raises several questions for financial institutions (FIs), FinTech firms and payment service providers as they figure out how to best navigate this changing world. With the transaction now complete, Fiserv is one of the world’s largest payment and financial technology providers. Basic Question.

Payments 176

Payments Cards Trends Fintech 176

PYMNTS

JANUARY 26, 2017

This year, disruption by financial technology firms might well be joined by regulatory uncertainty, which could be more disruptive than either regulatory or deregulatory certainty.”. Commercial cards probably won’t see any massive bursts of innovation or adoption, either. B2B Payments Outlook.

Innovation 100

Innovation Payments Regulation Fraud 100

PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. So, there is a balance that needs to be struck.”.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

JUNE 12, 2017

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. But how businesses reshape their payment practices varies.

Fintech 150

Fintech Survey Cards Payments 150

PYMNTS

OCTOBER 28, 2020

But for another, it could mean debt forbearance or modifying rewards programs on card products to more closely match what members want during the pandemic. It is also why CO-OP is purposefully investing in its ecosystem of products and financial technology services that will help CUs close some of those digital and payments gaps he spoke of.

Payments 151

Payments Fraud Innovation Tools 151

PYMNTS

APRIL 3, 2018

Fiserv VP of digital banking Scott Domach says the robust voice banking experience embraces everything from bill payment push alerts to fraud alerts, but one thing rules above all: The principle of natural speech. It’s about juggling bills, planning, investing, saving and, in this day and age, guarding against fraud.

Mobile 124

Mobile Fraud New Mexico Examples 124

PYMNTS

FEBRUARY 25, 2019

As fraudsters get more brazen and inventive in the digital information ecosystem, many companies are realizing they can’t thwart these bad actors on their own, and must instead turn to new partnerships in their fight against fraud.

Wyoming 134

Wyoming Idaho Maryland Colorado 134

PYMNTS

OCTOBER 11, 2019

Money laundering has always troubled financial institutions, but today’s digital banking system creates additional complexities as fraudsters around the world take advantage of financial technologies to launder approximately $2 trillion annually.

Strategy 123

Strategy Innovation Fraud Security 123

PYMNTS

JULY 10, 2020

Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions. Muller explained that the technology augments existing rails like eCheck and ACH to enhance data capture and transmission to complete a transaction.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

MAY 28, 2019

Indonesian ride-hailing and online payment company GO-JEK , for instance, is expanding its financial technology services through partnerships with peer-to-peer (P2P) lending firms Dana Cita, Aktivaku and Findaya. billion – of funds were lost to card fraud in 2018, up from $1.4 Just under $3 billion – or $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

JANUARY 10, 2017

According to a report by The Wall Street Journal , Amitabh Kant, CEO of NITI Aayog, said over the weekend that India was in the process of a “huge disruption” in financial technology and innovation that will lead to citizens moving away from plastic money to mobile payments. “By

ATM 100

ATM Taxes System Cards 100

PYMNTS

AUGUST 12, 2019

Indeed, those general goals stand as a reflection of consumer expectations for seamless, digitally anchored and holistic payment and commerce experiences — one of the main trends in the world of financial services and retail. Financial services and commerce, after all, used to function around those plastic payment cards carried by consumers.

Payments 188

Payments Fintech US Innovation 188

FICO

JULY 9, 2021

The pandemic and associated economic uncertainty have made the landscape for card lending even more challenging, with the need to shape an effective strategy for engagement with all of their customers.

Regional 52

Regional Software Analytics Resources 52

Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. First, there was the drama leading up to the breakup with the rich hottie. Thankfully, there was still a smartphone and social media to commiserate.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. The SEC Finding. LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns.

Lending 135

Lending Fraud Management San Francisco 135

CFPB Monitor

OCTOBER 11, 2018

earlier this week, the OCC’s recent decision to accept applications from non-depository financial technology firms for a special purpose national bank (SPNB) charter was the focus of considerable discussion. Office, participated in a panel on data, privacy, and fraud prevention policy.

Policies 60

Policies Lending Data Online 60

William Mills

FEBRUARY 7, 2017

Key trends in this year’s report include the continued evolution of payments technology, increased adoption of self-service and innovative branch automation technology, and further enhancements to mobile banking – all converging as part of an overlying strategy to improve the customer experience. Download the full report here.

Report 40

Report social media Customer Experience Industry 40

Gonzobanker

DECEMBER 14, 2023

The John Lovitz “Yeah My Wife Morgan Fairchild Award” – goes to fellow pathological liar and now former OCC Chief Financial Technology Officer Prashant Bhardwaj. In addition, it has has opened more than 400,000 debit cards and is opening as many as 75,000 per month, creating a whole other disruption risk we need to discuss.

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Fintech Community Regional Technology 194

FICO

SEPTEMBER 30, 2022

Neeti Aggarwal manages the financial technology and innovation research at The Asian Banker. With over 19 years’ experience, she specializes in banking, technology and fintech developments across Asia Pacific, Middle East and Africa. Neeti Aggarwal, CFA senior research manager, The Asian Banker. Nikhil Behl.

Meeting 52

Meeting Analytics Management Strategy 52

Independent Banker

OCTOBER 29, 2014

Meanwhile, a number of other financial technology firms received major funding and rolled out new alliances and products. Consumers still overwhelmingly rely on credit and debit cards and cash for payments and will for some time, even if a chip on the smartphone replaces plastic cards. Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

Independent Banker

OCTOBER 31, 2022

For example, a bank may feel comfortable allowing a VA to solve a login problem, while situations like a lost card are solved by an empathetic human. Venu Gopal, chairman of the board of Quinte Financial Technologies, Inc. She says community banks can tailor automation to their own customer service strategies.

Community Bank 91

Community Bank Community Customer Experience Data 91

NCR

FEBRUARY 7, 2017

Being able to choose between cash, card and digital payments – rather than simply having a single electronic payment method – will remain important to consumers. New fraud threats. With new technologies and consumer behaviors come new fraud threats. In summary.

Trends 40

Trends ATM Fraud Course 40

Tech and Finance

JUNE 14, 2018

I publish occasionally at the Articulate Communications blog on issues of financial technology, banking and associated public relations and marketing topics. June 11 Extend’s Millennials Report Shows Only 11% Of Millennials Have A Business Credit Card From Their Employer. May 2018 GlobalData. – 52.3% – 28.3%

Survey 28

Survey Millennials Fraud Mobile 28

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. They are introducing CrossCore – First smart plug in play fraud and identity platform. 20% of customer interactions are assisted.

Mobile 40

Mobile Cards Fraud Data 40

Javelin Strategy & Research

MAY 22, 2015

With the announcement in January that it will support cards from third-party applications, Google Now is no longer just a feed of personalized sports scores, flight schedules, article suggestions, and commute updates. In-app “Tips” and “Challenges” alerts actually look and feel like Google Now cards.

Fintech 40

Fintech Google Cards Fraud 40

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. In December, the founder and CEO of Crypto Exchange company FTX was arrested in the Bahamas (yah, don’t ask) and charged with fraud and conspiracy.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JANUARY 2, 2017

With Phase 2 of the faster payments transition looming, what other technologies could hold promise in the space? In the January issue of the tracker, PYMNTS spoke with Dr. David Evans about the “Kim Kardashian of financial technology” — blockchain — and what to expect from other faster payments technologies.

Retail 123

Retail Millennials blockchain Mobile 123

CFPB Monitor

NOVEMBER 22, 2022

Unlike the CFPB which has often given more emphasis to the potential consumer risks of financial technology-related advancements than the potential consumer benefits, the Treasury report takes a more even-handed approach.

Fintech 78

Fintech Report Data Lending 78

William Mills

MAY 10, 2016

One use case is to use a bot, via text messaging, to help customers when they have potential credit card fraud. Card-linked offers generated a lot of excitement a few years ago. They have a platform to source the merchant offers, and match them with card issuers. Link your card to website or app, select the offer.

San Jose 40

San Jose Customer Experience Mobile social media 40

Fintech Labs Insights

MARCH 2, 2017

These leadership positions included my time at ABN AMRO Investment Bank in London, where I was Director and Head of Financial Technology Investment. macro-economic spending indicator based on credit card transaction data. Card-linking enables companies to link a consumer’s online data with their in-store shopping.

New York 12

New York Cards Analytics Software 12