NCR

DECEMBER 8, 2016

The arrival of chip and PIN cards was one of the biggest changes to consumer payments in a generation. Card spend up. New figures from the UK Cards Association show that the last ten years have seen a massive rise in consumers using electronic payments. But was EMV the cause of this rise in card spending?

Fraud 40

Fraud Cards Payments Industry 40

NCR

APRIL 12, 2016

The arrival of chip and PIN cards was one of the biggest changes to consumer payments in a generation. Card spend up. New figures from the UK Cards Association show that the last ten years have seen a massive rise in consumers using electronic payments. But was EMV the cause of this rise in card spending?

Fraud 40

Fraud Cards Payments Industry 40

Javelin Strategy & Research

MARCH 27, 2015

A colleague of mine forwarded me an inbound email for an upcoming conference the other day titled “Chip Cards to Result in Massive Online Fraud”, asking where I stand on this, as if he didn’t know that this was effectively lighting the blue touch paper on a Roman Candle and running for cover.

Fraud 40

Fraud Cards US Online 40

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

DECEMBER 13, 2018

The good news — and there is always good news — is that merchants, card networks, issuers and others in the payments and commerce space have pretty good technology, too (or, at least, theoretical access to it), and that prevention of crime provides ample room for innovation. He described the current era as “Fraud 3.0.”.

Fraud 160

Fraud Innovation Cards Payments 160

PYMNTS

OCTOBER 3, 2019

Paper checks are thriving in the online rebates world, though, despite consumers growing more familiar with options like one-click ordering. Checks are both slow and costly, but they still make up 75 percent of payments sent by online rebate sites. Online Disbursements And Why Checks Are Still Hanging On.

Online 134

Online Payments Branding Cards 134

PYMNTS

SEPTEMBER 27, 2017

Justin Lavelle, communications director of BeenVerified.com and a frequent writer on how to avoid scams, noted that even back in 2005 (practically the dark ages when it comes to the internet), while the U.S. Watch out for fake websites and social media pages. It happens every time. Don’t click links from strangers. Don’t open attachments.

social media 130

social media Security Taxes Operations 130

Fintech Labs Insights

AUGUST 12, 2014

The first class (Summer 2005) included one fintech startup, TextPayMe, among the eight companies. But as YC grew from 2005 to 2009, the number of fintech companies stayed at roughly 1 per year. PayTango [link] PayTango links the cards in your wallet to your fingerprints. You are almost guaranteed a multi-million funding.

Fintech 26

Fintech Bitcoin Cards Online 26

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. WrkRiot’s short-lived house of cards falls down.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

SEPTEMBER 30, 2016

That was the date that lives on in payments history since it was the date that Target announced it had been the victim of a massive POS breach that exposed the card data of some 40 million consumers. Counterfeit fraud has declined by more than 50 percent compared to the same period a year earlier. Those are the more cheerful figures.

Fraud 100

Fraud Cards United States Payments 100

Fintech Labs Insights

JUNE 3, 2021

72 (t) Forter: $3B US ecommerce fraud specialist. #97 Related: Top 15 Online Digital Corporate Credit Cards for Small Businesses (June 2021). Online Digital Banks for Small Businesses (SMB) May 2021. . #55 Kraken : $4+B US crypto exchange (valuation per Fortune, based on 2019 round, and likely MUCH higher now). #60

United States 15

United States Fintech US Technology 15

CB Insights

JUNE 6, 2019

Founded: 2005. Accusations of fraud and mismanagement, and criticisms of the government’s decision to invest in Solyndra, were rampant in the days following news of Solyndra’s impending bankruptcy proceedings — but the core mistake here involved ignorance of a key aspect of Solyndra’s business. Dart Music.

Apple 78

Apple Branding Google Company 78

PYMNTS

AUGUST 28, 2017

Virgin Islands cards and its cards offered in the 50 U.S. Consumers, as it turns out, often use their mobile numbers as their secondary form of identification for many online accounts. Cybercriminals seem to prefer to target cryptocurrency users and traders for this particular form of fraud.

Puerto Rico 116

Puerto Rico Virgin Islands cryptocurrency Arizona 116

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. For millions of consumers accustomed to using credit and debit cards, the proposition of using a fingerprint hasn’t been all that appealing. via MDDI Online. A most-wanted founder. Company: DeNovis, Inc. Company: Aereo.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

MAY 15, 2019

Companies are turning to accelerators, funds, and labs to try to find the next big thing that will reduce fraud, speed up transaction times, and catch on with consumers. Founded: 1999 and 2005. Financial institutions using it can decrease errors, fraud, and processing times while improving workflows.

Innovation 78

Innovation blockchain Technology Groups 78

PYMNTS

JANUARY 7, 2019

And, yes, this likely sounds blasphemous from someone who’s been beating the mobile payments drum since 2005, well before the iPhone and the App Store changed how consumers, retailers and payments players all use mobile devices. Paying for things will happen online for pickup in the store later. I’m glad I got your attention.

Mobile 205

Mobile Innovation Apple Study 205