PYMNTS

NOVEMBER 2, 2020

“ Membership has its privileges ” was the nine-year ad campaign launched by American Express in 1987 to persuade consumers that it was worth it to pay an annual fee for one of its charge card products. As the slogan implied, being an American Express card member was the only way to unlock those benefits.

Millennials 246

Millennials Retail Online Report 246

PYMNTS

APRIL 16, 2018

At the intersection of data privacy and security and payments innovation lies friction, possibly, for the consumer experience. That may be a knotty issue when, especially for retailers, online orders are coming from all over the world. In the retail environment, one can buy online and return in store,” he emphasized.

Mobile 106

Mobile System Data Course 106

PYMNTS

DECEMBER 10, 2018

It’s the decoupled debit card. Merchants paid less when they accepted those cards. Inspired, retailers set out to develop their own products with those same benefits: debit functionality, rich consumer rewards and a lower interchange fee burden when consumers used them to shop their stores. And what was the product?

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

APRIL 29, 2019

In Amazon’s case, that takes the form of holding 50 percent of all eCommerce spend and more than 6 percent – and growing – of all retail consumer spend. And it’s why plastic cards still rule at the physical point of sale, even though there are more contactless POS terminals than ever before. Certainty as Retail’s Disruptor.

Online 162

Online Retail Study Cards 162

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

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. Despite the misleading “secure” designator “https,” Darrin Edelman, Token of Trust CEO, says this is a fake. Just don’t.

social media 130

social media Security Taxes Operations 130

Banking 2020

NOVEMBER 25, 2015

This has posed problems, not least the fact it’s the only country in the world where counterfeit card fraud losses are rising. Counterfeit card fraud to drop. In the UK, losses from domestic counterfeit card fraud fell straight away. Fraud from counterfeit cards in the UK declined 56 per cent from 2005 to 2013.

US 40

US Marketing Fraud Cards 40

Fintech Labs Insights

APRIL 12, 2024

I’m taking suggestions here (so far: crypto, BNPL, earned-wage access, chatbots, deposit networks).

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

APRIL 22, 2016

The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year. They’ve done it by making money transfer faster, more reliable, and more secure. They’re a company to watch.

Fraud 100

Fraud Idaho Innovation San Francisco 100

PYMNTS

JULY 11, 2016

Thirteen years later, in 2016, American consumers now spend 46 minutes a day shopping, with women dedicating about 35 percent more of their day to retail pursuits than their male counterparts. Fifty percent of retail spend happened there. Thirteen years later, smartphones make shopping an on the go/anytime/anywhere experience.

Google 100

Google Mobile Apple Online 100

Fintech Labs Insights

JANUARY 12, 2016

Card-not-present (CNP) fraud and chargebacks cost retailers and issuing banks billions of dollars and lost time. Founded: 2005. Network contains: 44 global, direct card issuers. The process: Card issuers have three methods to upload customer dispute data and confirmed fraud: Upload manually (pictured below).

Fraud 12

Fraud America Cards Retail 12

PYMNTS

MARCH 14, 2016

It’s secure, it’s cheap, it’s faster than a speeding bullet. They provide physical or virtual platforms (like a shopping mall) for multiple groups (like retailers and shoppers) to get together. Put yourselves in the shoes of the Revolution Money team back in 2007, pitching its platform to retailers and consumers.

Bitcoin 100

Bitcoin blockchain Video Apple 100

South State Correspondent

OCTOBER 25, 2023

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash.

Fraud 195

Fraud ATM Payments Management 195

CB Insights

JANUARY 6, 2019

The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Get the 54-page retail report. Founded: 2012.

Innovation 77

Innovation Retail Branding Technology 77

MyBankTracker

MAY 20, 2020

Your bank or credit union can certify or guarantee your signature on FS Form 1522 – and then send that form and the bonds and any other documents to Treasury Retail Securities Services. They were sold before EE bonds came about in May 2005.). Lost Your Debit Card? Cash In Your Bonds Online Via the Treasury.

Taxes 52

Taxes How To Report Course 52

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. That’s the bad news. What does that mean in real terms?

Fraud 160

Fraud Innovation Cards Payments 160

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. A top retailer said that its counterfeit fraud rates declined by 90 percent the first 30 days after flipping the switch.

Fraud 100

Fraud Cards United States Payments 100

Fintech Labs Insights

OCTOBER 16, 2016

In a new partnership , Jack Henry & Associates has integrated with Visa to allow customers to send P2P payments directly to a recipient’s Visa debit card. Jack Henry began offering P2P payment capability in 2005 and expects the new method to boost usage. Mastercard is the runner-up: 71% of cards issued contain an EMV chip.

Trends 12

Trends Fintech blockchain America 12

CB Insights

JUNE 6, 2019

Founded: 2005. The marketplace blended crowdsourcing and social media to create hype around new inventions; help inventors find partners, funding, and manufacturing resources; and sell their gadgets to major nationwide retailers such as Home Depot and Target. Dart Music. Earth Class Mail. Declared Bankruptcy: 2011. Total Funding: $60M.

Apple 78

Apple Branding Google Company 78

CB Insights

MAY 23, 2019

WrkRiot’s short-lived house of cards falls down. After a comprehensive investigation by the Securities and Exchange Commission, Holmes was banned from the laboratory testing industry for two years and was ultimately charged with wire fraud by the Department of Justice in summer 2018. Bouxtie’s broken promises. The Outcome.

Fraud 78

Fraud Las Vegas Company Video 78

CB Insights

MARCH 20, 2018

China’s nation-wide surveillance project, named Skynet, began as early as 2005. The government’s ambitious plans hinge on three legs: support from big tech giants like Alibaba and Tencent, strong startup partnerships, and elaborately crafted government policies favoring national security over privacy. Megvii already has access to 1.3

United States 67

United States Video National US 67

PYMNTS

AUGUST 28, 2017

Virgin Islands cards and its cards offered in the 50 U.S. With the hacked phone number secured, they can then use it to reset the consumer’s digital accounts on any online portal where the phone is used as a back-up. “My states, as well as differences with respect to certain consumers with a Spanish language preference.

Puerto Rico 116

Puerto Rico Virgin Islands cryptocurrency Arizona 116

PYMNTS

FEBRUARY 24, 2017

This week’s big story is a bit schizophrenic and focused on consumer debt, which may eventually be a fizzle, while the battle rages on in eCommerce amid retail giants, to the chagrin of department stores everywhere. SMB Retail Squares With Economic Data. You know that economic data that shows things humming along in the U.S.,

Lending 101

Lending New York Retail CA 101

CB Insights

NOVEMBER 9, 2017

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. via Business Insider. via Forbes.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

MAY 15, 2019

Founded: 1999 and 2005. Notable projects: Card Free Access is a program developed out of the lab that allows Wells Fargo Banking customers to access ATMs through a variety of methods without their cards. This brainchild from the Lab offers a way to modernize the traditional retail banking experience. Founded: 2016.

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. Leave Mobile Payments, Embrace Ambient Commerce. I’m glad I got your attention. Consider this.

Mobile 205

Mobile Innovation Apple Study 205