PYMNTS

FEBRUARY 26, 2020

Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015. A value card gives VIP guests immediate access to winnings. The card is reloadable and can be used on any service (gaming, hospitality, entertainment and ATMs) at the resort, in brick and mortar retail worldwide, and online. .

Oregon 232

Oregon Pennsylvania Innovation Operations 232

PYMNTS

APRIL 2, 2020

consumers, who made almost 73 billion non-prepaid debit card transactions in 2018 – and the final 2019 number is bound to be bigger. Card networks attract merchants with promises of faster, more accurate debit routing, and merchants pay handsomely to transact across these networks. Debit has never been more popular with U.S.

Cards 130

Cards Comparison Fraud Retail 130

PYMNTS

APRIL 8, 2019

Tim Murphy, general counsel for Mastercard , has become the 22nd chairman of the civil rights and urban advocacy group, according to a statement from the payment card network. His job includes oversight of the payment card network’s legal affairs, public policy, corporate governance and compliance. “He Mastercard hired Murphy in 2000.

National 122

National New York City New York Leadership 122

PYMNTS

JANUARY 14, 2021

What Upgrade is instead offering is a debit product that rewards consumers for everyday spend — actually quite generously — something almost unheard of since the passage of the Durbin Act in 2010, which more or less shuttered the notion of debit rewards. Laplanche also said he has short-term goals for the next few months.

Mobile 178

Mobile Cards Security Lending 178

CFPB Monitor

FEBRUARY 4, 2015

Tasca Today, the CFPB entered a consent order that requires subprime credit card company, Continental Finance Company, LLC (“Continental”), to refund an estimated $2.7 million to consumers who were charged alleged illegal credit card fees. CFPB Enforcement CARD Act CFPB credit cards deceptive'

Cards 60

Cards FDIC Company Security 60

PYMNTS

JUNE 22, 2016

In what is being considered the country’s biggest class-action lawsuit to date, the watchdog claims DNB charged customers roughly six times more to manage their funds over the course of 2010–2014, the Financial Supervisory Authority and the Norwegian School of Economics and Business Administration stated. District Court in Atlanta.

Atlanta 101

Atlanta Security New York Cards 101

PYMNTS

APRIL 19, 2017

A biometric security startup with a fast growing membership-based secure identification program just recently scored a considerable amount of additional funding. CLEAR , the popular security line-busting experience that can be found at some 21 airports and six baseball stadiums around the U.S.,

Security 100

Security Customer Experience Cards Fraud 100

PYMNTS

AUGUST 23, 2019

FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. WEX and Phillips 66 have partnered since 2010, the release said, to develop a sales and marketing program that depends on new payment technologies for fleet customers.

United States 100

United States Cards Branding Payments 100

PYMNTS

SEPTEMBER 18, 2018

Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. Mortgages and Credit Cards and Student Debt…. At the peak of the crisis, the delinquency rate was 10 percent in 2010, as underwater mortgages and foreclosures hit the headlines.

Lending 148

Lending Innovation Fintech Cards 148

Chris Skinner

MARCH 15, 2017

Building on my challenger bank discussions, there’s some interesting points coming out of a new report by Price Waterhouse Coopers (or Playing the Wrong Cards as they’re now called, after the Oscars) on challenger banking. It’s well worth a read, especially as they found that having branches is more important than mobile apps.

Regulation 291

Regulation Retail Survey Mobile 291

PYMNTS

MARCH 25, 2020

Henry was the CEO of prepaid debit card firm Netspend from 2008 to 2014. He navigated its initial public offering (IPO) in 2010, and in 2013 he led the company in a $1.4 In 2017, he was appointed director of security firm The Brink’s Company and was elected chairman of the financial services company Paysign in 2018. million.

Fintech 139

Fintech Operations Innovation Company 139

PYMNTS

MAY 2, 2019

NatWest Tyl will help institutions with online credit card payment logistics, both online and in store. RBS sold Worldpay to Advent International and Bain Capital for £2 billion in 2010, in a deal that proved fortuitous for the buyers, as the payments industry has flourished in the past few years.

System 130

System Online Technology Payments 130

PYMNTS

MAY 19, 2020

The FTC alleged the Utah-based company operated deceptive trial memberships and bogus government grant and money-making schemes in 2010. I Works asked consumers to provide their credit or debit card information to pay a $1.99 shipping, handling or processing fee.

Online 179

Online Utah Cards Operations 179

PYMNTS

NOVEMBER 23, 2016

22) that it is working to modify its debit routing policies, saying that it has “modified and clarified” its rules to boost EMV chip card adoption in the United States. Those modifications, the card giant said, come on the heels of guidance that has been issued by the Federal Reserve. Visa said Tuesday (Nov.

Policies 100

Policies United States Cards Retail 100

PYMNTS

MARCH 2, 2020

The fraud reportedly started in 2010, according to the FTC, when the company falsely implied it was affiliated with the U.S. Many of those customers had been trying to reach the actual government website in order to renew a green card or apply for naturalization. government in order to sell immigration paper prep services to customers.

Payments 165

Payments Fraud Analytics Cards 165

PYMNTS

APRIL 10, 2018

In payments security, the key is the key. Think of it as management by “other duties as assigned,” which is hardly an effective endeavor, as the most important security asset in a firm used to protect information (arguably the most important asset overall) is handled by people who, in some cases, have volunteered to take on the task.

Management 144

Management Security United States Data 144

Abrigo

JULY 1, 2021

Perhaps this is likely if the business caters but probably not valid, especially during a pandemic. Merchant card transactions While we are moving toward a 100% digital currency world, most businesses, especially restaurants with high customer engagement, must continue to receive cash to meet the needs of their customers.

Training 370

Training Conference Community Video 370

PYMNTS

JANUARY 12, 2017

Sweden-based iZettle secured new funding from investors, reports said Wednesday (Jan. IZettle has expanded its presence across Europe and Latin America since its 2010 launch and has similarly introduced new services for its SME clients. 11), as the company looks to strengthen its position in the SME financial services space.

America 100

America Lending Cards Capital 100

PYMNTS

JULY 29, 2019

The infractions occurred from 2010 to 2017 and involved 10,400 employees. In other Citi news , the company recently announced it is teaming up with Grab, the ride-hailing startup out of Singapore, to roll out co-branded credit cards. The Financial Industry Regulatory Authority (FINRA) has fined Citigroup’s global markets business $1.25

Branding 108

Branding Cards Regulation Report 108

PYMNTS

SEPTEMBER 15, 2016

14), Concur secured a deal to purchase Hipmunk. While financial details of the transaction weren’t made public, reports said Hipmunk has raised about $55 million in investment since 2010, with its last valuation in 2014 landing at around $96 million. According to TechCrunch on Wednesday (Sept.

Management 100

Management Innovation Security Cards 100

PYMNTS

MARCH 5, 2019

Meal kit service Munchery has filed for bankruptcy and still owes $3 million in unfulfilled customer gift cards and another $3 million to its vendors and suppliers. million in senior secured debt, as well as convertible debt of approximately $23 million. That came after it shut down service in Seattle, Los Angels, and New York.

San Francisco 117

San Francisco Los Angeles Capital Seattle 117

PYMNTS

FEBRUARY 23, 2016

The latest iteration comes more than 10 years after the JPMorgan and Starbucks collaborated on a cobranded card, known as Duetto, a rewards card, which launched in 2003 and which folded in 2010. Transactions utilize tokenization, for security, JPMorgan said in its October announcement.

United States 100

United States Mobile Cards Apple 100

PYMNTS

JANUARY 12, 2018

From paying for groceries through Apple Pay to paying for a ride on Lyft, many popular services today require nothing but a phone – no need to pull out a credit card or sign a receipt. Passwords, security questions, and even biometrics can’t protect users from that sort of attack — because it’s coming from inside the app itself.

Payments 118

Payments Software Mobile Security 118

PYMNTS

NOVEMBER 30, 2017

Through its business-targeted solutions, Bottomline Technologies is supporting the electronification of B2B payments — improving efficiencies, increasing savings and enhancing security. It is through solutions like Bottomline Technologies Paymode-X that B2B payments can begin to keep pace with the rapidly evolving payments landscape.”.

Payments 100

Payments Technology Innovation Security 100

PYMNTS

DECEMBER 10, 2018

It’s the decoupled debit card. Merchants paid less when they accepted those cards. Aside from a handful of special use cases , there wasn’t mass adoption of decoupled debit cards, and merchants didn’t end up issuing many. Just like 2010, with the launch of ISIS, aka Softcard , and its merchant-friendly mobile payments scheme.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

NOVEMBER 2, 2018

The auditors are also examining the shipping fuel firm’s relationship with Oil Tank Engineering and Consulting, a Marshall Islands-based company that had a contract in place stretching back to 2010, focused on building a fuel supply terminal. Of that number, 59 were tied to gift cards, memberships, IT equipment and furniture.

Fraud 168

Fraud Company Massachusetts United States 168

PYMNTS

FEBRUARY 4, 2020

By the end of 2020 four in 10 shoppers worldwide will belong to Gen Z, the consumer group born more or less between 1996 and 2010. Supporting multiple payment types and attendant security features requires the most robust platforms and API environments. Email is the most common means (71.5

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

JUNE 13, 2017

The recent attack on the Ukrainian power grid should serve as a wake-up call for all those responsible for the security of critical systems around the world,” warns ESET Senior Malware Researcher Anton Cherepanov in the release. This report on cybersecurity comes as Ukraine is becoming more of a hotbed for cyber criminals. In February, U.S.

New Jersey 100

New Jersey System Industry Fraud 100

PYMNTS

JUNE 16, 2017

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges that people couldn’t access their money in their NetSpend accounts. The company, which serves those without a bank, specializes in providing prepaid Visa debit cards. reached an agreement.

Cards 109

Cards Marketing Operations Online 109

PYMNTS

FEBRUARY 20, 2017

According to a report by Reuters , Sergey Vovnenko, who went by the aliases “Flycracker” and “Darklife,” was sentenced for taking over more than 13,000 computers to get his hands on logins and credit card information. He also stole debit and credit card numbers.

New Jersey 109

New Jersey Fraud Cards Online 109

PYMNTS

AUGUST 26, 2016

This time, a number of Australian retailers and payments associations are supporting three Australian banks that want Apple to give third-party access to its secure NFC module for Apple Pay. A previous foray into social networking by Apple, Apple Ping, was introduced in 2010 and nixed by Tim Cook in 2012 when iTunes 7 was released.

Apple 100

Apple social media Retail Strategy 100

NCR

SEPTEMBER 15, 2017

Keep in mind, the US market had the most cards to re-issue and the most POS devices to replace, it was a costly initiative, but in the long run, can save substantial costs associated with fraud. Where it is prevalent, EMV has proven to be a highly effective method of preventing card-present/counterfeit card fraud.

Fraud 84

Fraud Cards Security US 84

PYMNTS

NOVEMBER 1, 2016

According to a person familiar with the matter, the company used a strategy of providing cash advances to local businesses in exchange for a portion of their credit card receipts. JLA Asia, the liquidator of GMF, confirmed that the company posted a net loss annually from 2010 to 2014 — with the deficit growing to HK$123 million ($15.8

Strategy 100

Strategy Cards Company Fraud 100

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

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. In 2010, LendingClub added to its war chest with a $24.5 On Friday (Sept.

Lending 135

Lending Fraud Management San Francisco 135

PYMNTS

SEPTEMBER 26, 2016

The driving force behind the growth in non-cash payments, according to Capgemini, is due in part to strong economic growth in key developing countries, as well as increased security measures and government initiatives to engender electronic payments in certain markets. Europe and Brazil are still the top three leaders in the space.

Report 100

Report Payments blockchain Security 100

PYMNTS

FEBRUARY 4, 2019

Failure to meet AML/KYC requirement challenges can be costly for FIs, too, with regulators issuing heavy fines for lax security practices or failure to devote sufficient resources to oversight. Money laundering remains a significant problem in the financial services sector, though, despite the urgency brought about by 2008.

How To 161

How To Regulation Compliance Meeting 161