PYMNTS

JULY 3, 2018

As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints. Ahead of its global expansion, Tipalti conducted a study to find out. Here’s all the latest news from startup-land this month.

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National Charlotte Regional Operations 101

South State Correspondent

MARCH 30, 2023

Increasing Deposit Balances and Profit Consider this case study – customer acquisition costs for a company that provides security guards and patrol services are about $8,000. The average security company has about $80,000 in deposit balances, while the average trade association has about $501,000 in balances.

Industry 195

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PYMNTS

JUNE 10, 2019

Reuters noted that around the time Hu was tweeting, China’s state media Xinhua reported the National Development and Reform Commission announced it would create a study to develop a “national technological security management list system.”. Following the initial announcement, the U.S.

US 115

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PYMNTS

DECEMBER 16, 2020

More than 100,000 eateries — or about one in six restaurants nationwide — have closed due to the pandemic, according to National Restaurant Association estimates. A study found that restaurant revenues declined by 9 percent year over year in October, largely due to decreased in-restaurant traffic due to social distancing regulations.

Fraud 310

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PYMNTS

JANUARY 21, 2021

Well-funded and organized fraud operations, meanwhile, continued to amass more capital, manpower and technology. What’s more, businesses have also begun to experience whiplash for not prioritizing the security of their customers. As a nation, we experienced loss and hardship. It’s time to fight back. Businesses across the U.S.

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PYMNTS

NOVEMBER 29, 2018

Investment in Intelligence of Things (IoT) is expected to surge in the coming years, with companies projected to increase spending on the design, creation and operation of IoT solutions from $186.1 Recently, the National Institute of Standards and Technology drafted a report advising federal agencies on IoT security.

Trends 173

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PYMNTS

FEBRUARY 13, 2020

This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study. That upgrade is coming in the form of national digital ID initiatives now underway in a number of countries from Argentina to Ukraine.

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PYMNTS

DECEMBER 21, 2020

The National Restaurant Association estimates that something like 100,000 eateries have closed either for now or forever, as health fears have struck at the heart of dining out. A system that can protect customer information can help businesses avoid brand and operational damage.

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PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. Airbnb on Payments, User Friction and Security Challenges in a Global Market. To read the Case Study, download the Playbook. About the Playbook.

Payments 183

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PYMNTS

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. Thirty-eight percent of consumers who shopped for retail products during the period of study, some 46 million Americans, did that shopping from home, more than twice that of those who did so in 2019.

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PYMNTS

JANUARY 12, 2021

“Retailers are seeing more cases and higher losses as organized crime continues to target stores, warehouses and cargo,” Mark Mathews of the National Retail Federation ( NRF ), which recently released its 16th annual Organized Retail Crime study.

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Retail Florida San Francisco Sacramento 226

PYMNTS

JULY 14, 2017

Two-thirds of German hospitals have suffered cyberattacks, hospital directors and chief executives admitted in a recent Roland Berger study. Kenya, ranked third in the region, provides a good example of co-operation through its National Kenya Computer Incident Response Team Coordination Centre (National KECIRT/CC),” said ITU.

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PYMNTS

FEBRUARY 24, 2020

Financial institutions (FIs) and merchants from other regions have been dipping their toes into the Chinese market, but open banking has compounded the difficulty involved in setting up operations. The major difficulty for FIs and businesses is that some compliance standards are harsher than others, which can lead to security weaknesses.

Regulation 160

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PYMNTS

JULY 12, 2019

The world’s population is expanding and many citizens — particularly those in developing nations — have no means of proving their identities, restricting their access to vital services like education and healthcare. Mobile devices enable fast and secure access to services, many of which are solely available online.

Mobile 108

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PYMNTS

SEPTEMBER 13, 2016

In one recent case study tied to instant issuance, Entrust Datacard stated that Woodforest National Bank, a community bank operating across 17 U.S. The firm has said that, to date, it has instant issuance deployments at more than 30,000 locations globally, with more than 10.6 in the past year.

Case Study 100

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PYMNTS

DECEMBER 21, 2020

Source: PYMNTS.com longitudinal study of over 40,000 consumers (data from the most recent panel on Nov. This digital shift — doing less in the physical world and more in the digital world for the same activity — is based on 16 longitudinal studies that PYMNTS has conducted of a national sample of more than 40,000 U.S.

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PYMNTS

SEPTEMBER 24, 2020

These types of payment flows made up 5 percent or more of the gross domestic product (GDP) for 66 countries in 2019, reaching as high as 20 percent of GDP in nations like Haiti and Nepal. . Another study found that the number of correspondent banking relationships in existence worldwide had dropped 22 percent from 2011 to 2019. .

Compliance 223

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PYMNTS

OCTOBER 22, 2020

Businesses around the world are warming to automations and other digital tools that can simplify these processes as they seek to sustain or grow their operations. Fifty-one percent of SMBs in a recent study reported that they had persuaded business customers to switch over to digital payments, for example. About The Playbook.

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PYMNTS

JULY 21, 2020

Many nations in the region are thus examining their open banking proposals to ensure they address this behavior. Open banking is also growing outside Latin America, with one recent study finding that the pandemic may have accelerated the digital banking shift in many markets.

Mobile 229

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PYMNTS

JUNE 4, 2020

There was already disparity in how patients were receiving funds from providers and the methods they wanted to use, with one pre-outbreak Ingo Money study noting that less than 10 percent of U.S. Thirty-six percent recently reported concerns about affording COVID-19 testing, for example, and a separate study found that 26 million U.S.

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PYMNTS

AUGUST 27, 2019

While the PYMNTS study found loyalty programs are members’ most popular desire at 49.1 percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. percent in the U.K. billion in assets.

Data 122

Data Report Los Angeles California 122

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . the year before. Phishing follows close behind at 66 percent.

Fraud 120

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PYMNTS

DECEMBER 24, 2020

The National Restaurant Association estimated that almost 100,000 eateries — roughly one in six restaurants nationwide — have shuttered either temporarily or permanently due to the health crisis losing $165 billion in revenue between March and July and on track to lose $240 billion by the end of this year. I don’t see that slowing down.”.

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Study Industry United States Innovation 206

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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PYMNTS

FEBRUARY 25, 2020

it’s nearly a total roadblock to such actions as securing a student loan, getting underwritten for a car loan, renting an apartment or getting any kind of credit card. In the case of students studying abroad, for example, they are generally more affluent than average, and have fairly full financial lives before they arrive on U.S.

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PYMNTS

JUNE 1, 2020

And that will become this salon’s standard operating procedure going forward. Although I haven’t asked, it seems likely that the restaurant operator will stick with this protocol for regulars when the establishment reopens for dine-in services. That’s likely why in PYMNTS’ national study of 14,000 consumers, more than half (58.6

Cards 147

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Chris Skinner

MARCH 2, 2017

I was chairing a panel where Romana Kumar, Head of Global Transaction Banking for the National Bank of Abu Dhabi (NBAD), was discussing their trial of Ripple. FLEXIBLE LIQUIDITY PROVISIONING: expand reach to new corridors with Ripple through more efficient liquidity sourcing.

Payments 150

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PYMNTS

JULY 23, 2020

There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018. Understanding the virus’s impacts on both nations’ financial industries is thus key to understanding how it could change their open banking strategies and regulations.

America 165

America Regulation Regional Tools 165

BankUnderground

OCTOBER 26, 2021

History offers policymakers and academics useful case studies that can serve as distant mirrors beyond the study of crises and policy responses to them. Moreover, the national currency belongs to the people, and the state’s role is to regulate it to benefit the people. Moral hazard and monetary policy.

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PYMNTS

JUNE 21, 2019

new reports from The New Yorker this week dove into how the current CFO of the National Rival Association (NRA) allegedly embezzled funds from his last company, employee benefits consulting firm the Wyatt Company. In the B2B space, the latest cases are spread across North America, Australia and the U.K. In the U.S., In The UK, Too.

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PYMNTS

JULY 18, 2017

Earlier this year at the National Retail Federation’s Big Show, the hot topic of debate was how chatbots can be beneficial to consumers if implemented in the correct way. While most people are becoming more concerned about the security of their job, Public Tableau’s data confirms 29 percent of U.S. employment will see a 9.8

Retail 121

Retail Marketing Study Survey 121

PYMNTS

JANUARY 20, 2021

As we continue probing the digital-first trends taking hold online and off, PYMNTS recent Global Digital Shopping Index found that “top-performing merchants distinguish themselves by offering many digital features while also prioritizing customers’ convenience and security. something that consumers feel comfortable with.”.

Payments 130

Payments United States Survey Trends 130

Abrigo

MARCH 4, 2022

The most common method for developing a synthetic identity scheme begins with the theft of a Social Security Number (SSN). A recent example of a bust out scheme was a nationwide operation that resulted in a Great Valley, N.Y., Synthetic identity fraud is also the fastest-growing type of financial crime in the U.S. Multiplying.

Fraud 195

Fraud Cards Software Trends 195

PYMNTS

NOVEMBER 30, 2020

And experts are warning that given the spike in cases nationwide, we should expect to see that national death toll to double over the next 10 days to reach 4,000 daily. Walmart now operates 19 clinics inside its stores to attend to routine, non-emergency health matters. percentage points.

Arizona 160

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PYMNTS

DECEMBER 24, 2019

Voice is the killer app of the connected commerce experience, according to the How We Will Pay: 2019 Edition study. 26, the eCommerce operator — via its Alexa Skills Kit Blog — announced the debut of “two new Alexa capabilities that will help create a more natural and intuitive voice experience for your customers.”. 18 announcement. #3:

Cards 160

Cards Payments Study Examples 160

Abrigo

AUGUST 26, 2019

In response to the nation-wide opioid crisis that has led to unprecedented addiction and death, FinCEN has issued guidance to alert financial institutions to the financial schemes and typologies related to the trafficking of fentanyl and other synthetic opioids. financial system.”

United States 150

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PYMNTS

APRIL 25, 2016

World First found a 75 percent increase in the volatility of the pound should the nation leave the European Union. A few other security companies are slated for their own floats, reports said, including Blue Coat Systems and Optiv Security. The research was based on exchange rate fluctuations and their impact on U.K.

Fraud 100

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