PYMNTS

JULY 31, 2017

The 2017 report from FIS surveyed nearly 500 SMEs in the U.S. PYMNTS examines some of the most telling data from the survey below. -14% But it’s not just the difficulty of securing lines of credit or business loans that have SMBs unhappy,” the executive continued. with revenues up to $500 million.

Survey 112

Survey Community Bank Community Regional 112

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

APRIL 27, 2020

Banks do not always have the budgets or resources to craft cutting-edge online and mobile experiences, although they can no longer afford to put off digital transformations. The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

AUGUST 1, 2019

Box-of-the-month services constantly struggle to secure their payment processes and remain a step ahead of bad actors. KiwiCo , a monthly science, technology, engineering, and math (STEM) subscription box for children, is improving its security practices by partnering with third-party providers.

Security 108

Security Cards Fraud Survey 108

PYMNTS

AUGUST 28, 2019

A significant share of Generation Z consumers — those aged 18 to 25 — are turning to buy online, pick up in store ( BOPIS ) purchasing models to meet their speed needs. A 2019 survey of 1,000 Gen Z consumers found that 58 percent had used BOPIS. Rural customers may therefore see diminished online delivery offerings.

Retail 108

Retail Online Study Alaska 108

PYMNTS

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

Security 131

Security Fraud Analytics Tools 131

PYMNTS

AUGUST 7, 2020

To address grievances, the central bank will require payment system operators to introduce an online dispute resolution center. of India (NPCI) uncovered more than three dozen critical security risks last year, according to an internal government document seen by Reuters. In July, the National Payments Corp.

Payments 267

Payments Guidelines National System 267

PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

APRIL 2, 2020

Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. One of the things that we often say is that we always have to be mindful of protection and security,” Anderson said. CUs need to ensure that their operations are secured if they want to maintain member loyalty.

United States 174

United States Security Innovation Mobile 174

Banking Exchange

MAY 13, 2020

Half of IT professionals surveyed said their companies did not have enough staff or budget to adequately support cybersecurity efforts Technology Tech Management Cyberfraud/ID Theft Operational Risk Feature Feature3 Security Online.

Survey 78

Survey Security Operations Online 78

PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. Despite these digital developments, there are still hurdles that banks and other financial firms must overcome. KYC requirements are nothing new.

Video 211

Video Report Meeting United States 211

Perficient

JULY 11, 2022

When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout. But, the reality was, even though I felt more financially secure, I wasn’t technically in any less debt than I would have been had I just bought the shoes outright.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

JANUARY 21, 2021

Financial institutions (FIs), FinTechs and other businesses that are looking to enable these rapid payments must therefore ensure that their security and fraud-fighting approaches are up to the challenge. Recent surveys found that 38 percent of U.S. Stronger security strategies and solutions could help turn the tide and boost adoption.

Fraud 231

Fraud Security Payments United States 231

PYMNTS

JANUARY 18, 2021

First, on consumer sentiment, the Tracker says, “A recent study found that 60 percent of online customers expected fraud and scams to become more problematic during the holiday shopping season.”. What we always look for is … trends and patterns. If something happened once, no one usually has that on their radar.

Fraud 144

Fraud Security Study Retail 144

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used.

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

Security 100

Security CA Payments Big Data 100

PYMNTS

SEPTEMBER 9, 2020

The pandemic has dramatically accelerated the shift to digital all across the world, and this means that online trust and security is now more important than ever," he said, according to the release. Pakistan, according to a survey by GSMA , has goals of becoming a digital society.

Mobile 206

Mobile Survey Fraud Security 206

PYMNTS

DECEMBER 14, 2020

These services offer alternatives to installing and operating applications in-office or at expensive data centers as well, which can be a key consideration for the many businesses with employees who are operating remotely during the health crisis. presidential election and ongoing news about the pandemic.

Software 270

Software New York Trends Operations 270

PYMNTS

DECEMBER 4, 2020

This week, Stripe introduced banking services, we get a glimpse of the EU's upcoming Digital Services Act and PYMNTS' data reveals online purchases ruled Black Friday. Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. A PYMNTS survey of a national sample of 2,147 U.S.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

APRIL 21, 2020

For bigger scores like financial institutions (FIs) and online merchants, scammers are using ransomware, account takeovers (ATO), phishing and other malicious means to shake down companies already reeling from disruptions. Next-Level Payments Security.

Fraud 159

Fraud Security United States System 159

Cisco

APRIL 12, 2022

Branches are a valuable component of your brand, a physical and visible symbol of safety and security of your money. According to PwC’s 2021 Digital Banking Consumer Survey, two in three customers find branches to be meaningful channel to interact with their bank and 35% say that they would not use a bank that doesn’t have a nearby location.

America 109

America Customer Experience Operations Survey 109

PYMNTS

JULY 30, 2019

As part of SCA, consumers who are based in Europe will need to confirm their identities in order for online transactions to proceed. The report, titled “Issuer Declines,” found that 75 percent of issuers surveyed will be ready to comply with the rules, but a smooth operational transition may be a bit tougher.

Survey 172

Survey User Experience Report Security 172

Perficient

AUGUST 10, 2020

This article will introduce financial planning and analysis and survey four cloud-based solutions. The typical components of an FP&A solution are: Load actual values from operational systems. Typically online analytical processing cubes.). Load prepared forecasts for given events.

Analytics 322

Analytics Analysis Meeting Software 322

PYMNTS

JUNE 25, 2020

Last year, PYMNTS’ How We Will Pay Survey found that while an increasing share of U.S. In a world where physical retail was, by and large, shut down for three months, our consumer surveys have since found that many U.S. households had voice-enabled devices, only 31 percent used the devices for purchases.

Google 141

Google Survey Apple Innovation 141

PYMNTS

JANUARY 13, 2021

Because while Visa still has work to do — particularly when it comes to security and cleaning up the digital backend for SMBs — it has found that SMBs that have embraced the digital shift to expand their efforts have in the process discovered a business model that can move from “survive” to “thrive.”. The Road Ahead .

Tools 215

Tools Data Meeting Maine 215

PYMNTS

JANUARY 26, 2021

Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic. The pandemic has been driving consumer payment choices and purchasing behaviors, influencing how customers transact, which payments they use and why they use them, according to a new survey.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

FEBRUARY 5, 2020

Recent surveys have found that many bankers and small business (SMB) owners are unaware of how to use business-to-business (B2B) APIs securely and optimally. A survey of Hong Kong and Singaporean bankers, for instance, found that 23 percent are wary of adopting APIs because of unclear regulations. About The Tracker.

Payments 195

Payments Charlotte Survey System 195

Independent Banker

FEBRUARY 28, 2022

When customers look up businesses online, reviews are one of the first things they see. Customers do their due diligence to make decisions that are important to them, especially their financial security. In addition, the survey found that 94% of consumers say positive reviews make them more likely to use a business. Quick Stat.

How To 127

How To Community Bank Community Google 127

PYMNTS

NOVEMBER 13, 2020

To that end, DoorDash filed its IPO prospectus – officially known as an S-1 filing – with the Securities and Exchange Commission (SEC) on Friday (Nov. At the same time, the operating loss declined from $479 million to $131 million. At the same time, the operating loss declined from $479 million to $131 million.

Course 244

Course Millennials Operations Survey 244

PYMNTS

APRIL 24, 2018

Companies recognize the need for IoT security, but few are acting on those concerns. According to a recent survey, 97 percent of respondents said an attack on unsecured devices would be devastating to their organizations. Despite the security risks, the popularity of IoT seems unlikely to abate. A Look Around the IoT World.

Trends 199

Trends Security System Technology 199

PYMNTS

SEPTEMBER 22, 2020

One recent study estimated that roughly 44 million Americans would tap food delivery apps by the end of this year, up from 38 million in 2019, and another survey predicted that the number of smartphone delivery app users will climb 25.2 percent to 45.6 million this year. That total is predicted to decline to 44.1 million in 2023.

Fraud 255

Fraud Mobile Tools Study 255

PYMNTS

APRIL 1, 2020

The increase started in February, with online orders up 108 percent year over year, according to Quantum Metric. Melnyk , professor of operations and supply chain management at Michigan State University. GoodFirms surveyed more than 100 of the top eCommerce experts to determine the most effective tactics for small-scale online shops.

social media 216

social media Retail Michigan Strategy 216

PYMNTS

APRIL 11, 2016

RiskRecon is now in operation with $3 million in venture capital, reports by Forbes said on Friday (April 8). The company focuses on mitigating supplier and vendor risk for financial institutions by assessing how secure those suppliers and vendors operate online. RiskRecon automates this process, reports said. “We

Security 100

Security Operations Survey Software 100

PYMNTS

JUNE 3, 2020

said in its filing with the Securities and Exchange Commission (SEC) that there’s “substantial doubt” about its ability to do business, bankruptcy is “probable” without seeking bankruptcy protection, and “it does not have ability to raise additional capital at this time.” The parent company of New York & Co. , RTW Retailwinds Inc.

New York 151

New York Retail Groups Survey 151

PYMNTS

JUNE 9, 2020

In PYMNTS’ most recent Navigating the COVID-19 Pandemic series, based on surveys of thousands of consumers and businesses over the duration, nearly 34 percent of respondents said they are “very” or “extremely” likely to consider a firm’s digital offerings when deciding where to spend their money. ” Securing That Which Is ‘Open’.

Security 131

Security Data Study Survey 131

PYMNTS

SEPTEMBER 11, 2017

manufacturers working with overseas business partners operate with a heightened risk for cybercrime, according to research from Bank of the West. In Australia, Small Business and Family Enterprise Ombudsman Kate Carnell emphasized this warning at the ASIAL Security Conference held in July. For example, small U.S.

Software 192

Software Survey Security Data 192

PYMNTS

APRIL 30, 2020

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them.

Digital Banking 150

Digital Banking Mobile Online Millennials 150