PYMNTS

JANUARY 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. The case was prosecuted by Homeland Security Investigations, along with agents of the U.S.

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PYMNTS

FEBRUARY 2, 2017

The number of identity fraud victims rose 16 percent in 2016, marking the highest level since Javelin Strategy & Research began tracking the trend in 2003. To successfully fight fraudsters, the industry needs to close security gaps and continue to improve, and consumers must be proactive, too.”.

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Fraud Strategy Cards Security 100

PYMNTS

OCTOBER 26, 2016

It’s been a busy 12 months since the last Money20/20, as new technologies and threats have disrupted the security space time and time again. Similarly, the continued steady global increase in the use of mobile devices helped fuel the development and release of new tools to security companies, as well as access to richer, deeper user data.

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PYMNTS

DECEMBER 23, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip.

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Payments eBook Fraud Cards 100

PYMNTS

MAY 13, 2016

A new personal chip card reader will soon hit the market with the goal of protecting consumers while shopping and banking online and ultimately preventing online fraud — at an introductory price of just $20. The assistant can also provide extended authentication and serve as a password manager.

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PYMNTS

OCTOBER 20, 2016

To attend this live digital discussion on Wednesday, November 2, 2016 at 1:00 PM (EST), please complete the registration form shown below: [contact-form-7]. 3D Secure 2.0 ’s Built around the increasing popularity of mobile commerce, 3D Secure 2.0 Vice President, Product Management, Payment Security at CA Technologies.

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PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

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Cards New York Lending Strategy 131

PYMNTS

FEBRUARY 26, 2020

percent in 2016. The onset of digital banking has drastically changed the way CU customers interact with their financial institutions (FIs), placing a much greater emphasis on self-services like mobile and online banking. percent in 2019, compared to 10.5 million CU members. Deep Dive: Credit Unions Face Data Breach Challenges.

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Nevada Security Innovation Data 192

PYMNTS

MAY 19, 2020

I Works asked consumers to provide their credit or debit card information to pay a $1.99 In 2016, I Works owner and CEO Jeremy Johnson and other defendants in the massive online billing scheme, agreed to settle FTC charges that they took more than $280 million from consumers, according to the FTC.

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PYMNTS

FEBRUARY 9, 2017

Eckoh has brought a customer’s ability to pay with ease to the next level with the announcement that it can now take a secure payment directly via live web chat (“Live Chat”). Live Chat is believed to be more secure — and convenient — for consumers.

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NCR

MAY 14, 2018

With more countries investing in faster payments solutions, there are more options than ever for people to complete a purchase online. But the number one option remains online card payments, and new research has highlighted several reasons why this is the case. Where card payments still lag behind.

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Online Cards Payments Study 61

The Paypers

NOVEMBER 9, 2016

(The Paypers) Romanian online payments made by card, via 3D Secure system, have increased 59% in the first 9 months of 2016, compared to the same period in 2015, according to RomCard data.

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Online Cards Payments System 39

PYMNTS

JUNE 13, 2019

The Drawbacks of Complex Security. Digital IDs can be protected with common protocols, such as two-factor authentication (2FA), frequent password changes and detailed security questions. AI Solutions for Balancing Security and Convenience. Blockchain-Based Security Methods. More than 4.5

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Security blockchain San Francisco United States 129

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. The debate involves virtual cards and their use by insurers to pay healthcare providers. But, much like the payroll card debate, the legal questions around virtual cards also focus on fees.

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PYMNTS

MAY 6, 2019

government has now started accepting Apple Pay for certain online payment services. 9to5Mac reported that the government’s website is now accepting Apple Pay for four of its online services, including the Global Entry Services, the disclosure and barring service checks, the Registered Traveler Service, and the Electronic Visa Waiver Service.

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Apple Fraud Cards Online 176

PYMNTS

JANUARY 25, 2019

In 2016, customers took to social media to complain about a similar thing. The activity reported arises from customers using the same usernames and passwords on multiple online accounts and those details being involved in a data breach on another platform, not on Deliveroo,” a Deliveroo spokesperson said.

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Data Security social media Fraud 178

PYMNTS

FEBRUARY 3, 2017

Consumers might have felt a bit safer using their credit card with the introduction of EMV chip technology, but thieves looking to steal your information have managed to find a way to still gain access to PIN numbers, as well as your card’s chip in some cases. The majority of that theft was from credit cards. in 2016. “The

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Cards Fraud ATM Maine 100

PYMNTS

DECEMBER 30, 2016

Consumers flocked to online and mobile commerce , robots rose in food and consumer goods , and brick-and-mortar stayed relevant with retail experimentation — pop – ups , flash sales , store-in-store and showrooms. In 2016, I believe that physical retail may be facing its own ‘Kodak moment,’” wrote Karen Webster. “How

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Retail Online Customer Experience Trends 123

PYMNTS

MARCH 1, 2019

When credit cards first debuted in 1920s America,they brought with them myriad benefits. For instance, prior to a law passed by Congress in the mid-1970s, companies could mail consumers activated credit cards without their consent. The value of online banking fraud loss nearly tripled from 2007 to 2009 after the U.K.

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Security Payments Fraud Cards 134

PYMNTS

JUNE 22, 2018

Due to a recent outage, some Bank of Ireland customers were unable to use their debit cards. The bank reported that approximately one in seven customers were unable to use their Visa cards at point-of-sale (POS) terminals, according to news from Independent.ie. last year, hit a milestone by securing 1 million customer accounts.

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Cards ATM System Security 100

PYMNTS

JULY 3, 2017

Even in the quiet seasons, the online travel market is susceptible to the trade winds, and they don’t always blow in agents’ favor. But what hurts a business (especially a small one) more than an October snowstorm is when online fraudsters use CNP transactions to steal their services. The End of Excessive Card Surcharges.

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Online Payments Fraud Cards 112

PYMNTS

MAY 2, 2017

A business run by self-proclaimed nuns is making a living by selling “healing” pot online. In 2016, Sisters of the Valley generated roughly $750,000 in sales of its line of salves, tinctures and oils derived from hemp, a type of cannabis plant that contains only trace amounts of the psychoactive ingredient in weed. “No

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Online Policies US Security 129

PYMNTS

SEPTEMBER 7, 2016

Going into investor day, Mastercard is ready to talk about its brand’s evolution from card network to digital payments acceptance network, buttressed by the continued growth and acceptance of Masterpass among issuers, acquirers and merchants worldwide. and around the world.

Mobile 100

Mobile Security National Branding 100

Bank Innovation

SEPTEMBER 27, 2016

Consumer card transactions will overtake cash transactions for the first time in 2016, according to global research firm Euromonitor International. Cash is expensive to manage and is extensively used in the underworld.

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Cards Fraud Management Online 150

PYMNTS

MAY 31, 2017

Card processor TSYS is looking to heighten the security of mobile corporate payments. The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. To do this across all of our U.S.

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Mobile Cards Payments Samsung 113

Bank Innovation

FEBRUARY 24, 2016

The panel of judges — Scarlett Sieber of BBVA; Sam Maule of Carlisle & Gallagher; Ryan Falvey of the Center for Financial Services Innovation; Matt Wilcox of Fiserv; and Phil Ryan of Bank Innovation — will decide which company is worthy of the “Best in Show” DEMOvation crown at Bank Innovation 2016.

Innovation 150

Innovation Seattle Fintech Company 150

PYMNTS

JANUARY 2, 2019

Online glasses retailer Warby Parker was hit by a cybersecurity attack that affected about 198,000 of its customers from late September to late November, according to reports. The company said it didn’t have any indication that the attacks were successful in stealing any credit card information.

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Study Cards Security Retail 185

PYMNTS

MARCH 6, 2018

After its point of sale (POS) systems were reportedly affected by malware designed to capture credit card information, RMH Franchise Holdings is warning that its Applebee’s restaurants in 15 states suffered a data breach. The company said all its 167 locations were impacted, Bank Info Security reported. “In

Data 141

Data Security Cards System 141

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.

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Fraud Online Resources Survey 100

PYMNTS

MAY 4, 2017

The payroll card industry is far from immune to controversy. Especially in recent years, regulators have eyed the space amid waves of criticism over high fees associated with the cards or a lack of education given to employees about the payroll tool. million employees receiving wages on payroll cards as of 2016 (compared with just 5.5

Cards 100

Cards Industry Tools Regulation 100

PYMNTS

MAY 30, 2016

And to make sure that everyone starts off 2016, Part II on the same footing, we thought we would bring you a few of the top trending stories, as well as hot data/research topics, that will give you a head start on that all-important planning for 2016 and beyond. Online Checkout Conversion. Get all of the details here.

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Trends Retail Fraud Mobile 100

PYMNTS

NOVEMBER 7, 2018

Its work with Visa Europe will allow Ixaris to provide virtual cards to companies in the online travel industry. “We’re Visa Business Solutions executive director Helen Jones added that Visa is “committed to helping businesses of all sizes to make simple, secure and seamless payments wherever possible.

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Payments Online Cards Industry 140

Bank Innovation

JUNE 23, 2016

Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world. Launched in 2014, Ant Financial Read More.

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PYMNTS

FEBRUARY 27, 2020

Businesses of all kinds suffer from the pervasiveness of fraud, with a recent study finding that 40 percent of retailers, restaurants and insurance companies had their online expansions impeded by cybercrime. Card-not-present (CNP) fraud, for example, rose from $4.5 billion since 2016. billion since 2016. billion to $7.2

Fraud 150

Fraud Examples Online Data 150

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. In a wide-ranging discussion, Socure CEO Sunil Madhu and PYMNTS’ Karen Webster discussed the brave new world of identity security and verification, and what those terms mean when it should be assumed that all of your data has been compromised.

Security 109

Security Data Fraud Regulation 109

PYMNTS

APRIL 18, 2019

The indictment alleges that, since late March 2016, Ronald MacCarty, Chester Anderson and Jarrette Codd ordered large quantities of microcrystalline cellulose (MCC) before incorporating a company called Next Level Research and Development. . “It is definitely a significant arrest.” All three men have pleaded not guilty. “To

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ATM Online New York Bitcoin 100

Bank Innovation

APRIL 28, 2016

The companies selected from applications received from startups around the world are: CrossCues Dyme GoldBean Hermetic Security Spare We Are Briqs The companies, chosen after a Read More.

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Innovation Security Fintech Company 150