PYMNTS

MAY 19, 2020

BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”. dollars and Ukrainian hryvnias.

Data 212

Data Bitcoin cryptocurrency Taxes 212

PYMNTS

AUGUST 9, 2017

Green Dot Corp released earnings on Tuesday that topped analyst expectations, with 55 cents a share reported, versus estimates of 40 cents a share, as organic growth and card counts both showed momentum in the period. Active cards grew by 20 percent, to 5.15 Top line was $222.5 million versus the Street at $208.6 million, from $135.1

Cards 100

Cards Apple Taxes Millennials 100

PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

MAY 19, 2020

The Security Service of Ukraine is reportedly holding a hacker for allegedly selling a database with 773 million email addresses and 21 million unique passwords, CoinDesk reported. Multiple crypto operations serving the country, however, are legally based in other nations. dollars and Ukrainian hryvnias.

Bitcoin 148

Bitcoin cryptocurrency Taxes Security 148

PYMNTS

SEPTEMBER 18, 2018

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. Simmons was ordered to pay $15,000.

Taxes 134

Taxes Fraud Operations Security 134

PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The company said partial credit card info “may have been browsed,” but that there is “no possibility of leakage” in credit card security codes.

Retail 218

Retail Online Cards Data 218

PYMNTS

DECEMBER 9, 2019

Carrying enough cash to cover those many needs is often a security risk, though, and drivers who lack the appropriate spending tools could see their delivery schedules veer off track if they have to search for specific retailers that will accept their payment methods. She still prefers cash, but EMV cards provide her with additional options.

Cards 163

Cards Tools Operations Payments 163

PYMNTS

OCTOBER 13, 2019

According to The Financial Times , a source familiar with the matter revealed that the company has hired JPMorgan to raise $500 million in new equity from investors, as well as secure a $1 billion convertible loan. As part of the newly expanded partnership, Revolut will primarily issue Visa-branded cards in the global expansion.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

FEBRUARY 27, 2019

Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 billion people worldwide will carry digital IDs with embedded biometrics by 2021.

Security 159

Security National Wyoming Idaho 159

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. He would buy a system at Best Buy for $99, reprogram the card inside and resell it for $500.

Fraud 120

Fraud Taxes Community Cards 120

Bobsguide

JUNE 3, 2022

The new Banca Carige smart branches operate in parallel with the traditional network and utilise greater automation and innovative digital banking capabilities enabled by Auriga’s #NextGenBranch solutions. The latter allows customers to carry out all the operations of traditional branches and to receive assistance from remote operators.

Video 78

Video Customer Experience Operations Digital Banking 78

Bobsguide

SEPTEMBER 5, 2022

So how can financial services operators build trust in this digital age? This means they can make payments, such as pay a utility bill or tax, using these workstations. Customers are also able to purchase new products – like new cards or open a new account – through these ‘self-service’ workstations.

Video 97

Video Digital Strategies Digital Banking Security 97

PYMNTS

DECEMBER 20, 2019

As city councils all over the nation get a hankering for MOA tax revenue, the category just keeps growing and evolving. Uber Co-Founder Travis Kalanick has even secured $400 million to develop his new CloudKitchens concept, which rents fully equipped cooking spaces to delivery-only restaurants in major metros. Not ideal, but not theft.

Mobile 131

Mobile Fraud New York City Metro 131

PYMNTS

NOVEMBER 19, 2018

According to reports from last week, it seems Western Union and FLEETCOR are rapidly approaching an agreement to sell WU’s business payments operations to the fleet payments firm. FLEETCOR, for its part, has affirmed its continuing interest in using M&A to grow its operations. “I Chase is the largest card issuer in the U.S.,

Data 122

Data Cards Taxes Payments 122

PYMNTS

SEPTEMBER 7, 2016

So goes the recent heated discourse on Go-Ahead , which owns Southern rail operator Govia Thameslink Railway and which has reported a 27 percent increase in profits, reaching £100 million. The pilot will run in 2017 with an aim to secure a nationwide rollout of the technology in 2018. rail system?

Training 100

Training Operations System Mobile 100

PYMNTS

JUNE 26, 2020

The government has since turned to prepaid debit cards to reach some of the millions of citizens who fell through the cracks in the early phase of the program. Large and small firms’ operations have been thoroughly disrupted by the past months’ events.

Tools 130

Tools Cards United States Innovation 130

PYMNTS

DECEMBER 12, 2019

One of the largest disruptors in this area is the virtual card. Virtual cards can offer businesses a way to securely enable employees to book and pay for travel without compromising security on physical corporate cards, and without forcing employees to front the bills then expense those transactions later.

Payments 136

Payments Cards Industry Marketing 136

PYMNTS

JANUARY 31, 2019

BASF Global Head Commercial Operations Digital Farming Andre-Georg Girg said in the announcement, “The digital transformation of agriculture has opened up a number of opportunities for us to expand our digital service offering.”. As of the moment, the wallet only accepts BPP-issued cards.

Cards 108

Cards Operations Payments Taxes 108

PYMNTS

NOVEMBER 23, 2018

Another term to know is “carding” — that’s the catch-all world criminals use for crimes that involve stolen payment card data , Rogers explained. By monitoring the Dark Web, technology and experts can determine, for instance, that a batch of stolen card numbers came from a particular issuer. Early Warning Value.

Fraud 184

Fraud Cards Data Maine 184

PYMNTS

JULY 31, 2017

Wells Fargo takes the security and privacy of our customers’ information very seriously,” the banking firm said in a statement according to the report. “We We have a huge responsibility and fell short of our ideals for managing and providing oversight of the third-party vendor and our own operations,” Franklin R.

Taxes 100

Taxes Data Security Report 100

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots. as of January 2019.

Payments 201

Payments Cards Operations System 201

PYMNTS

NOVEMBER 4, 2019

Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes. The scam reportedly allowed the former executive to use Coca-Cola money to pay for personal purchases like gift cards and luxury goods. .

Fraud 101

Fraud Pennsylvania Data Cards 101

PYMNTS

MARCH 27, 2020

Payments Initiation, which is enabled by PSD2, is driving the adoption of Open Banking” in the business banking and payments space, she told PYMNTS, pointing to the benefits of lower transaction fees, speed and elevated security as key drivers of adoption. Each one of these factors provides tangible benefits to businesses.”.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

MAY 18, 2018

B2B startups in the small business banking, expense management and analytics sectors led this week’s investment roundup, securing more than half of the $108 million raised. But it’s a startup in Africa that not only secured the largest investment round of the week, but set a new record in the process, raising $47.5

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

MAY 11, 2018

UPbit services, such as all transactions and withdrawals, are operating normally. Your assets are kept securely in your account.” Banks have been banning such purchases with cards on the caution that they could be exposed to liabilities, as the currencies continue to show extreme volatility in trading.

Bitcoin 101

Bitcoin cryptocurrency Comparison Taxes 101

PYMNTS

AUGUST 5, 2019

But federal law still views marijuana as an illegal substance, which prevents most financial institutions, payment card networks and other providers from taking part in those sales. According to a new lawsuit, though, one company allegedly found a way around that.

Company 163

Company Payments Fraud Meeting 163

PYMNTS

MAY 23, 2018

The company is also doubling the operating hours of its driver hubs in 15 cities around the country. The company will also offer drivers car and SUV rentals, education on taxes and additional support services. The company will also offer drivers car and SUV rentals, education on taxes and additional support services.

Taxes 102

Taxes Course Marketing National 102

PYMNTS

MARCH 28, 2018

The problem with these solutions is that they’re delivered by foreign mobile operators, which makes them expensive, costing participants around 10 percent of the transaction value. Then there’s the problem of closed-loop systems: To accept money on multiple platforms, Cooke said, sellers are swapping out multiple SIM cards in their phones.

How To 104

How To Taxes Regional Mobile 104

PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. The firm secured $1.8 Yet, without a solid understanding of underlying data, business owners will struggle to move forward. .

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

JULY 6, 2020

Researchers found that furloughed employees are widely reporting that their bosses have asked them to continue to conduct their normal work duties despite being furloughed in order for their employers to secure funding. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

Fraud 148

Fraud Missouri California Report 148

PYMNTS

OCTOBER 8, 2019

That challenge is undoubtedly a major headache for the companies operating in this sector, which are often small businesses. The company is now collaborating with city and municipality officials to introduce a solution that enables industry companies to pay their taxes electronically, too. A Shifting Regulatory Landscape.

Compliance 114

Compliance Guidelines Industry Taxes 114

PYMNTS

SEPTEMBER 27, 2017

Despite the misleading “secure” designator “https,” Darrin Edelman, Token of Trust CEO, says this is a fake. If a site is demanding a Social Security number to process a donation payment, experts agreed: it’s definitely a scam! That’s not how charities operate. Finally, never put personal identifying information on any website.

social media 130

social media Security Taxes Operations 130

PYMNTS

JANUARY 8, 2020

Square ‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale ( mPOS ) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere.

Mobile 141

Mobile Payments Data Technology 141

PYMNTS

SEPTEMBER 6, 2016

Most notably, PayPal will no longer be subjected to the digital wallet tax and will be afforded financial volume incentives. PayPal CEO Dan Schulman is quoted as saying that the partnership underscores PayPal’s broader strategic goals as an enabler of consumer choice and payments ubiquity.

Taxes 100

Taxes Online Payments Branding 100

PYMNTS

MAY 4, 2017

Among the core reasons for this: The perception that the use of cash was more secure. Cards are perhaps proving a sticking point in the move toward electronic payments. But cards alone are not on the cusp of overtaking cash, according to Cardtronics. Another lure, according to Pierce: “Being able to budget their money.”.

ATM 192

ATM Millennials United States Study 192

PYMNTS

NOVEMBER 7, 2019

More than 25 percent of Brazilians lack bank accounts, and only 20 percent carry credit cards that can be used for international purchases. Other consumers’ cards only transact in the domestic currency, requiring overseas businesses to find local partners to enable payment acceptance. Attracting Customers With Boleto Bancário.

Online 100

Online Payments Cards Fraud 100

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. Card giant Mastercard has estimated that just 25 percent of those in Europe are actually fully aware of SCA. Retail Sales: Rally 1.6

social media 125

social media Online Regulation Taxes 125