PYMNTS

FEBRUARY 23, 2017

A board of appeals in New York state has revoked earlier regulations surrounding payroll cards developed by the New York State Labor Department after determining that the NYSDOL exceeded its rulemaking authority under the New York State Commissioner. Reports in the National Law Review Tuesday (Feb. ”

Regulation 108

Regulation Cards New York ATM 108

PYMNTS

SEPTEMBER 23, 2016

Americans are carrying more debt than ever before and paying some of the highest credit card rates every recorded, according to new data. The national average annual percentage rate (APR) for credit card debt is 15.22 percent, according to CreditCards.com’s weekly Credit Card Rate Report. Credit card balances rose 3.4

Cards 100

Cards Report National Millennials 100

PYMNTS

SEPTEMBER 7, 2016

Payroll cards have been hit with a new controversy. Filed last week, the suit accuses Dave & Buster’s of forcing employees to be paid via payroll card for their first and last month’s paychecks. He also pointed to increasing national awareness of these issues. Some of them even get a kickback,” said Egan.

Cards 100

Cards Oregon Policies Pennsylvania 100

CFPB Monitor

DECEMBER 23, 2015

The CFPB has issued its December 2015 complaint report which highlights money transfer complaints and complaints from consumers in Georgia and the Atlanta metro area. For November 2015, debt collection continued to be the most complained-about financial product or service, representing about 30 percent of complaints submitted.

Georgia 60

Georgia Report Vermont South Dakota 60

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” On April 13, 2017, from 12:00 p.m.

Massachusetts 89

Massachusetts Cards Report West Virginia 89

CFPB Monitor

SEPTEMBER 9, 2015

The CFPB has published a notice indicating that it is seeking approval from the Office of Management and Budget to conduct “a national web survey of 8,000 individuals as part of its study of ATM/debit card overdraft disclosure forms.” Comments are due by November 3, 2015.

Survey 60

Survey National Study ATM 60

CFPB Monitor

MARCH 2, 2016

The CFPB has issued its February 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in Texas and the Houston metro area. The CFPB began taking complaints about prepaid cards in July 2014. Nationally, debt collection complaints averaged 26 percent of all complaints received by the CFPB.).

Houston 60

Houston Metro Texas North Carolina 60

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” On April 13, 2017, from 12:00 p.m.

Massachusetts 74

Massachusetts Cards Report West Virginia 74

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

APRIL 9, 2020

By that time the nation had accepted the COVID-19 pandemic’s inevitability, triggering a wave of stock-up buying of household supplies as face masks were suddenly everywhere, and major coronavirus-induced lockdowns commenced. “The percent in 2015 and 89.8 Between March 10 and March 18 PYMNTS surveyed 5,557 U.S. up from 39.3

Mobile 140

Mobile Apple Cards Millennials 140

NCR

AUGUST 29, 2016

The number of EMV payment cards in global circulation had rocketed more than 40 per cent year on year by the end of 2015, new statistics from EMVCo have revealed. billion ‘chip-and-pin’ cards when the data was collected, and 35.8 The region’s chip card adoption rate jumped to 52.3 There were 4.8

Cards 75

Cards Regional National America 75

CFPB Monitor

OCTOBER 27, 2016

The CFPB has issued its October 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in North Carolina and the Charlotte metro area. The CFPB began taking prepaid card complaints in July 2014. ET, Ballard Spahr attorneys will hold a webinar, “The CFPB’s Final Prepaid Cards Rule.”

North Carolina 60

North Carolina Cards Rhode Island Report 60

BankBazaar

JULY 9, 2019

Has the advent of the Aadhaar Card brought in a lot of positive changes? Ever since Aadhaar Cards became a mandatory proof of identity, they’ve introduced a host of benefits. The Aadhaar Card, dubbed as the largest national identification number project globally, has enabled the government to leverage the power of the digital era.

Cards 90

Cards Security How To National 90

CFPB Monitor

OCTOBER 28, 2015

The CFPB has issued its October 2015 complaint report , the fourth in its new series of monthly complaint reports. The new report highlights credit card complaints and complaints from consumers in the Chicago, Illinois metro area. Complaints during those periods decreased from 607 complaints in 2014 to 460 complaints in 2015.

Cards 60

Cards Report Chicago Idaho 60

CFPB Monitor

JULY 28, 2016

CFPB has issued its July 2016 complaint report which highlights complaints about credit cards and complaints from consumers in Washington and the Seattle metro area. The CFPB began taking credit card complaints on July 21, 2011, the day on which the CFPB officially opened its doors for business. 31, and 30 percent.

Washington 60

Washington Cards Report Seattle 60

PYMNTS

AUGUST 15, 2018

Visa and Mastercard have been replaced on Russia ‘s Crimean peninsula, as its largest bank has completed the process of switching all credit cards to Russia’s MIR payment system. On August 14, the process of replacing Visa and Mastercard plastic cards in favor of the Mir payment system has ended.

System 101

System blockchain Cards ATM 101

PYMNTS

FEBRUARY 27, 2019

A wide range of biometric solutions are being used to develop national identification systems around the world. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . A reported 3.6 Digitizing government services .

Security 159

Security National Wyoming Idaho 159

PYMNTS

NOVEMBER 13, 2020

million) since 2015, with 483 incidents being reported in June alone. One study found that these apps will outnumber phy sical identity cards by 2023, with this trend being driven largely by national ID programs in emerging markets. More than 6.2

Fraud 242

Fraud US Mobile Study 242

PYMNTS

OCTOBER 7, 2016

Customers visiting OXXO’s 14,000 locations can receive their funds by completing their payout information independently via one of three options — calling a national hotline in advance or using dedicated in-store phones and digital devices. billion was received in Mexico in 2015, an 8.7 percent increase versus 2014.

Branding 164

Branding Strategy Maine America 164

Abrigo

FEBRUARY 9, 2024

billion laundered between 2015 and 2020 through the U.S. real estate between 2015 and 2020, and the actual number is almost certainly higher. residential real estate sector but safeguarding our economic and national security.” Know the red flags for money laundering. real estate market alone. billion through U.S.

Training 195

Training Fraud Trends Report 195

CFPB Monitor

JULY 6, 2015

In its new report containing its findings from a survey of prepaid card users, The Pew Charitable Trusts urges the CFPB’s “speedy adoption” of its proposed prepaid card rule. In its Spring 2015 agenda , the CFPB indicated that it expects to issue a final rule in January 2016.

Cards 60

Cards FDIC Survey National 60

PYMNTS

MAY 14, 2019

The company said partial credit card info “may have been browsed,” but that there is “no possibility of leakage” in credit card security codes. The company grew even more suspicious after the Chinese government asked eight companies to help it build a national credit reporting system.

Retail 164

Retail Data Resources Cards 164

PYMNTS

NOVEMBER 20, 2018

In an organized retail crime (ORC) survey, the National Retail Federation found that 92 percent of respondents were victims of the practice in the past year. According to retailers, the shift could come through a variety of factors such as gift card fraud and the online sale of stolen items as well as a shortage of staff in stores.

Retail 110

Retail National Survey Fraud 110

Chris Skinner

APRIL 24, 2017

Although other statistics do not corroborate this number, putting the levels around 40% banked and 60% unbanked, with 79% unable to get credit cards. According to the Colombia Banking Association 65% of the Colombian adult population had access to financial services in 2013, rising to 72% in 2016 and a target of 80% banked by 2018.

National 316

National Strategy Case Study Mobile 316

PYMNTS

MAY 19, 2017

Even as some countries move away from physical currency in favor of more modern payment methods, demand in larger nations means the Asia-Pacific region is still clinging to cash. trillion in cash payments in 2015. trillion in cash in 2015. trillion in cash in 2020, marking a 7.5 percent compound annual growth rate.

Report 136

Report Regional Analysis Payments 136

PYMNTS

FEBRUARY 23, 2017

In years past, this money was typically spent on things like paying off credit cards, buying new clothes or taking a trip somewhere exotic. That day is when the IRS hands out tax refund checks from the previous year’s tax filing. Not this year. Here’s the breakdown: Everyday expenses. Major purchases (such as televisions, furniture, cars).

Taxes 100

Taxes Survey Analytics National 100

PYMNTS

APRIL 7, 2017

But for the nation of over 90 million, many of whom are underbanked, cash is still king even as eCommerce rates climb. Still, data cited by eMarketer indicates that mobile wallet use among digital buyers in Vietnam declined from 37 to 11 percent between 2014 and 2015. percent of the total retail market share.

Payments 103

Payments National Retail Survey 103

CFPB Monitor

DECEMBER 28, 2016

General findings include the following: As of December 1, 2016, the CFPB handled approximately 1,058,100 complaints nationally, including approximately 23,100 complaints in November 2016. Complaints during those periods decreased from 444 complaints in 2015 to 183 complaints in 2016.

Arizona 103

Arizona Rhode Island Report Phoenix 103

PYMNTS

MARCH 4, 2020

TerraPay was launched in 2015. We believe in our mission to address financial inclusion by making real-time national, regional and global payments accessible to everyone,” said Ambar Sur, founder and CEO of TerraPay. It also aims to enable banks, mobile money operators and other providers to connect with one another at a low cost.

Fintech 168

Fintech Mobile Regional Operations 168

PYMNTS

FEBRUARY 16, 2018

Two Russian nationals have been handed prison sentences for their roles in hacking corporates and financial institutions (FIs) in the U.S., The two pled guilty in September 2015. The two were part of a larger group that stole online credentials, personal information and credit and debit card numbers between 2005 and 2012.

New Jersey 101

New Jersey Fraud Survey Cards 101

CFPB Monitor

OCTOBER 24, 2018

In its blog post about the report, the Bureau highlights that since January 2015: The Bureau has received more complaints from consumers in California than any other state, with Florida, Texas, New York, and Georgia taking the next four spots. The report includes the District of Columbia.

District of Columbia 68

District of Columbia Wyoming Florida Texas 68

PYMNTS

DECEMBER 20, 2018

According to a report in RT.com , the move is being taken by converting domestic banking transactions to Russia’s payment system MIR, which it launched in 2015. He said the bank is setting up with MIR and its operator, Russian National Card Payment System. He said that foreign exchange assets at the bank fell to 6.8

Security 115

Security System Report Cards 115

PYMNTS

JUNE 20, 2017

PNC Bank is linking its corporate clients with a new mobile solution that links users of its Visa commercial cards into mobile wallet solutions Apple Pay, Android Pay and Samsung Pay. Instead, the mobile pay app creates a virtual card number unique to each transaction. labor force. ” U.S. . ” U.S.

Mobile 110

Mobile Samsung Apple Cards 110

PYMNTS

JULY 25, 2017

In recent studies, as noted by EKN Research and Radial, developed nations are seeing an increase in card not present (CNP) fraud, which now accounts for as much as 70 percent of all card fraud and is growing at double-digit percentage rates in some nations. . BI Intelligence reported news that retailers declined $8.6

Fraud 120

Fraud Retail Cards National 120

PYMNTS

AUGUST 22, 2019

Ploof has been with PSCU since 2015; her most recent position was as a regional vice president of account management. Before coming to PSCU , she worked with Covera Card Services, moving up the leadership ladder for 14 years and reaching the title of chief operating officer before the company was acquired.

Management 116

Management Regional Leadership Meeting 116

PYMNTS

AUGUST 29, 2017

He told the publication the MMT MyBusiness offering will incorporate a corporate wallet to promote efficient spending and reduce corporate card abuse. The nation’s second-largest travel operator, Yatra Online, recently acquired Air Travel Bureau, a corporate travel service provider, to strengthen its B2B services.

Marketing 108

Marketing Taxes Online Cards 108

PYMNTS

JULY 21, 2017

Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well. Fraud varies country to country, region to region.

Fraud 116

Fraud United States Regional Cards 116