Abrigo

NOVEMBER 10, 2020

Key Takeaways FinCEN has issued a new advisory in identifying and reporting human trafficking, supplementing its 2014 guidance. In addition to the original 10 red flags in the 2014 guidance, FinCEN identified 10 more indicators FinCEN noted ten behavioral indicators FIs should be aware of. learn more.

Lending 329

Lending Risk Management Report Management 329

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. Online Advantages. When in doubt, bet on digital. The Amazon pitch?

Online 100

Online Retail Seattle Industry 100

PYMNTS

SEPTEMBER 15, 2020

With the increasingly high numbers of online shoppers in the wake of COVID-19 , we are committed to providing solutions that lay the groundwork for the next generation of simple, secure and better ways to pay,” Stacey Madge , president and country manager of Visa Canada, said in the announcement. 15) announcement. 21 in the United States.

United States 291

United States Security Retail Cards 291

PYMNTS

SEPTEMBER 13, 2017

While virtual cards (v-cards) can offer a secure and efficient way for businesses to pay travel suppliers, some industry players have highlighted a key pain point for the payment rail: For suppliers accepting v-cards , they still have to manually enter payment data. New reports on Tuesday (Sept.

Cards 100

Cards Taxes Mobile Payments 100

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

Cards 118

Cards US Seattle United States 118

PYMNTS

MAY 11, 2020

Though the issue has captured a lot of attention lately as the demand for online grocery order for pick-up or delivery has become a critical priority for many consumers, giving food stamp ( SNAP program) recipients the ability to use their EBT cards online to pay for groceries is far from a new effort.

Cards 181

Cards Online Mobile Payments 181

PYMNTS

MARCH 31, 2016

This week, PYMNTS, in collaboration with Socure , released the March edition of the PYMNTS.com Digital Identity Tracker TM , featuring all new research surrounding the increase in online fraud fueled by the increase in EMV card chip tech adoption. There is a 15% year-over-year increase of money spent online.

Fraud 100

Fraud Online Resources Survey 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 10, 2020

In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. Data: 2014: The year Lumen was founded. 42%: Share of consumers who are engaging in even the most routine activities online. All this, Today in Data.

Retail 150

Retail Technology Innovation Data 150

PYMNTS

OCTOBER 13, 2016

While making a purchase online may feel like a granted convenience to most modern-day consumers, finding the right method of payment isn’t always as simple as it may seem, especially outside of the U.S. In fact, in certain parts of the world, the online ordering process isn’t always quite so predictable or smooth.

Cards 100

Cards Regional San Francisco Online 100

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

Cards 109

Cards Fraud Regional Training 109

PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Digital Banking 263

Digital Banking Cards Trends Online 263

PYMNTS

JUNE 23, 2020

In the great digital leap, roughly $158 billion in brick-and-mortar sales are moving online, according to PYMNTS’ analysis. And with the continued shift from in-person commerce to card-not-present sales, trust is important. Consumers need to know that personal and payments-related data are secure.

Cards 275

Cards Security Fraud Payments 275

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. Using Afterpay, however, made it Future Me’s problem and let me have everything I needed and wanted at that moment and avoid racking up my credit card balance.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

DECEMBER 21, 2020

Bolt was founded in 2014 in San Francisco and works on tools to streamline web transactions. Kount 's Gary Sevounts told PYMNTS recently that more advanced ways are needed to look at accounts, assessing whether even verified accounts are trustworthy through looking at email addresses, card numbers and more.

San Francisco 245

San Francisco Innovation Fraud Capital 245

PYMNTS

JANUARY 14, 2020

14) that participants in its Visa Token Service have processed eCommerce volumes of $1 trillion since the service’s debut in 2014, and that its transition of Visa Checkout merchants to click-to-pay will begin on Jan. We want those things to be just as secure,” she said, as remote commerce moves beyond the online/in-app realm.

New York 170

New York Security Cards Retail 170

PYMNTS

AUGUST 12, 2016

In 2014 alone, about $4 trillion in merchandise was simply abandoned and never purchased in online shopping carts by consumers. Breaking that number down even further, the online shopping cart abandonment rate is 61 percent on desktop, 71 percent on tablets and 81 percent on mobile. What’s going on here? cart abandonments.”.

Online 100

Online Apple Retail Mobile 100

Chris Skinner

FEBRUARY 14, 2017

Some were more visual – a marketing magazine online – but none were interactive. Jim Maxey, who ran Event Horizons, employed ten people simply to scan photographs, format them, and put them online for download. Wired, Bloomberg and IMDB launched websites in 1993, and more followed. But these websites were mainly providing information.

Online 211

Online Maine Google Retail 211

PYMNTS

MAY 28, 2020

As of this week, customers with SNAP in the states of Colorado, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New Mexico, Vermont, Virginia, West Virginia, and Wisconsin can now use their cards to buy groceries from the website’s services and have them delivered to the customers’ doors.

DC 133

DC West Virginia Virginia Vermont 133

Gonzobanker

NOVEMBER 18, 2014

Pointing to creating sales opportunities with branch traffic declines, Verba talked about the power of instant issue/replacement debit cards and 1 million gift cards issued a year. Visa had a quiet presence that was a large part of focus on anything related to credit cards. Online delivery? Two jumped out.

Chicago 97

Chicago Retail Branch Design Training 97

PYMNTS

MAY 13, 2020

The 28 additions add significantly to the 150 token requestor partners that had been included in Visa Token Service through the years since the service launched in 2014. The bad actors are eyeing eCommerce and specifically card not present transactions as promising attack vectors. The Click To Pay Transition.

Security 250

Security Cards Payments Data 250

NCR

MARCH 22, 2016

From the surge in contactless transactions across Europe to booming card payments in Asia, non-cash transactions are rising globally. At the centre of all this lies the humble debit card and credit card. Debit cards. Debit cards are the most common type of cards held, performing a wide variety of functions.

Cards 40

Cards Trends Payments Study 40

PYMNTS

MARCH 2, 2020

The consumer banking shift from physical branches to online services has been quickly accelerating, with customers anticipating and asking for even quicker financial services. The Vault platform offers checking accounts, savings accounts, loans, credit cards and mortgages.

blockchain 141

blockchain Groups America Google 141

PYMNTS

DECEMBER 1, 2020

It’s not that the Japanese don’t have credit cards. The opportunity is ripe to introduce innovative payment solutions that combine access to credit without the stigma attached to cards. After launching its first “buy-now-pay-later” product in 2014, the Japanese FinTech has followed up with Paidy 3-Pay. Enter Paidy.

Cards 168

Cards Online Payments Tools 168

PYMNTS

JANUARY 25, 2021

Other functions include a connected online shopping capability that comprises popular retailers for facilities management, according to the announcement. ClassWallet, which was started in 2014, offers an expense management platform for maintenance workers, parents and educators who make everyday purchases but usually don’t get purchase cards.

Tools 154

Tools Miami Management Resources 154

Bank Innovation

JULY 6, 2016

Back in 2014, Stripe confirmed that it was working with Facebook on a “Buy” button for the social media giant. From Recode: Facebook first began testing a “Buy” button within the News Feed in July [2014], and payments startup Stripe has been tasked Read More. Whatever happened to the “Buy with Facebook” button?

social media 240

social media Payments Google Online 240

PYMNTS

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. Goodenough said that since 2014, more than 30 million “very active” consumers have brought their buying power online.

Payments 132

Payments Cards Online Data 132

PYMNTS

OCTOBER 28, 2019

A security researcher discovered that credit card-stealing malware was inserted into the code of the American Cancer Society’s online store, according to TechCrunch. It was meant to scrape credit card numbers for sale on the dark web or other malicious activities. The code was removed on Friday (Oct.

Groups 101

Groups Cards Security Analytics 101

PYMNTS

OCTOBER 28, 2019

A security researcher discovered that credit card-stealing malware was inserted into the code of the American Cancer Society’s online store, according to TechCrunch. It was meant to scrape credit card numbers for sale on the dark web or other malicious activities. The code was removed on Friday (Oct.

Groups 100

Groups Cards Security Analytics 100

Abrigo

JANUARY 22, 2015

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). In fact, its 2014 Survey of Credit Underwriting Practices noted that 2014 marked a third consecutive year of eased standards.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. Dobbie will be in charge of infrastructure and applications that power the U.K.’s

Retail 116

Retail User Experience ATM Security 116

PYMNTS

NOVEMBER 11, 2016

The chain fell victim to a widespread malware attack that stole customer payment information for more than a year, from May 2014 to June 2015. First, the bank’s fraud system detected suspicious activity , which led to thousands of customer cards being blocked from usage. Just days later, the fraud scare actually became reality.

Las Vegas 173

Las Vegas Fraud Honolulu Cards 173

PYMNTS

FEBRUARY 13, 2020

The platform will have the ability to manage transactions across multiple payment types — online, mobile, point-of-sale, digital wallets, debit and credit cards, and real-time payments — and countries. “As The new company will be headquartered in Singapore, with plans to expand globally, and will offer a digital payment platform.

Payments 197

Payments Fintech Tools Management 197

PYMNTS

SEPTEMBER 17, 2018

Launched in 2014, myPOS aims to make it easier and more affordable for merchants to access the payment methods their customers most want to use. In addition, we got access to free online banking and lots of additional services.”

Cards 128

Cards Payments Online Regulation 128

PYMNTS

MARCH 30, 2016

percent indicated the use of mobile payments — widely considered to be the best defense against fraudsters — as the payment method most often used to pay for purchases, while almost 61 percent and 29 percent said they primarily use debit cards and credit cards, respectively. has been a big rise in online fraud.”

Security 100

Security Fraud Cards Online 100

PYMNTS

JUNE 17, 2019

Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment. In 2014, the company dealt with something similar with its payment processing systems. The Saturday outage was called an “internal technology issue” that didn’t let customers in the U.S.

Payments 174

Payments Security Retail Data 174

CFPB Monitor

MAY 12, 2021

The Durbin Amendment (Section 1075 of Dodd-Frank) authorized the Fed to issue regulations to ensure that the amount of any interchange fee received by a large debit card issuer (one with at least $10 billion of assets, together with its affiliates) is reasonable and proportional to the cost incurred by the issuer. In 2014, in NACS v.

North Dakota 78

North Dakota Cards Regulation Fraud 78