PYMNTS

JUNE 19, 2017

The company believes that exposure of cardholder data that could be used to create counterfeit cards – including names, addresses, emails and Social Security numbers – was limited, but some credit card numbers may have been compromised. 28, 2016, and April 14, 2017. There is no evidence that online guests were affected.

Cards 158

Cards Data Fraud System 158

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.”.

Fraud 100

Fraud Strategy Cards Security 100

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.

Security 100

Security CA Cards Strategy 100

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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San Diego Cards New Jersey Massachusetts 130

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.

Cards 131

Cards New York Lending Strategy 131

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.

Payments 100

Payments eBook Fraud Cards 100

PYMNTS

OCTOBER 17, 2018

A new report from the Federal Trade Commission (FTC) says that fraudsters are increasingly requesting to be paid with gift cards, with some even asking for certain brands such as Google Play and iTunes gift cards. Google Play cards were not reported in significant numbers until this year.

Cards 174

Cards Payments Fraud Google 174

PYMNTS

DECEMBER 26, 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 James Jenkins, director of payment security at CA Technologies …. Payments 2016: The Year Of Clarity For The Payments Sector.

Payments 123

Payments eBook Analytics CA 123

PYMNTS

JUNE 21, 2019

Southwest Airlines is introducing a credit card for small business owners aimed at enhanced travel rewards. Business Insider reported Thursday (June 20) that Southwest announced the Southwest Rapid Rewards Performance Business Card, offering small business users 80,000 Rapid Rewards points when they spend $5,000 in the first three months.

Cards 120

Cards social media Examples Innovation 120

PYMNTS

OCTOBER 1, 2018

in a settlement with the Financial Conduct Authority (FCA) due to a cyberattack at the lender in 2016. Our priority is always the safety and security of our customers’ accounts, and we fully accept the FCA’s notice,” Tesco Bank Chief Executive Gerry Mallon said. “We Tesco Bank agreed on Monday (Oct. 1) to pay £16.4m

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Fraud Security Resources Operations 134

PYMNTS

FEBRUARY 26, 2020

percent in 2016. Credit unions, like any FI, are sitting on a trove of valuable personal information, such as credit card data and Social Security numbers, that hackers would do anything to get their hands on. percent in 2019, compared to 10.5 million CU members. Deep Dive: Credit Unions Face Data Breach Challenges.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

FEBRUARY 22, 2018

Hackers who used to amuse themselves stealing credit cards have raised the level of their identity theft game such that 2017 was a record year — 16.7 million Americans were victimized last year, a jump of eight percent from 2016. There isn’t no good news — EMV cards seem to have been effective at tackling a lot of PoS fraud.

Cards 140

Cards Fraud Security Data 140

PYMNTS

FEBRUARY 25, 2020

The prepaid card gives fleet owners transparent operations through “extensive control over fuel spend, ease of operations, enhanced convenience and security to prevent and detect fraud in reduced TCO,” Kohli said. billion in 2016 and is projected to grow at a rate of 7.6 percent by 2025.

Cards 159

Cards Fraud Operations Management 159

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.

Security 100

Security Payments Fraud Cards 100

PYMNTS

APRIL 28, 2016

Visa has secured the spot as the exclusive payment provider for the 2016 Olympic Games in Rio for the 30th year running. As we prepare for the Rio 2016 Olympic Games, Visa is transforming the way fans pay, giving them choice in how they want to pay for anything, anytime and everywhere.”.

Cards 100

Cards ATM Security Innovation 100

PYMNTS

DECEMBER 16, 2020

By harnessing the power of cloud-based architecture, financial institutions will be able to “safely and securely handle significant payment processing volume in near-real time.” . Founded in 2016, Form3’s cloud-native, API platform powers FIs to securely and efficiently run and scale their payments infrastructure. .

Payments 332

Payments Security Cards Strategy 332

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.

Cards 100

Cards Georgia Alabama New York 100

PYMNTS

JUNE 26, 2017

After a much delayed time period after its initial announcement two years ago, Discover card shoppers can rejoice. Samsung Pay has officially brought Discover card into its services, and consumers with accounts can now pay for items through the mobile app’s contactless payment option.

Samsung 108

Samsung Cards Mobile Payments 108

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. Security strategies. in 2015 and were used in most of the country’s banks by 2016.

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Security Payments Fraud Cards 134

PYMNTS

DECEMBER 8, 2016

billion asset-backed securities during 2016 alone, based on data compiled by Bloomberg. What’s more, Bloomberg found they are finding lots of buyers of the Canadian-backed debt largely because Canadian consumers are known to pay off their credit card debt. Canadian banks are increasingly turning to the U.S. market, issuing $6.8

Cards 100

Cards US Security Marketing 100

PYMNTS

DECEMBER 29, 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. Payments 2016: The Year Of “Hesitation”. We are balancing the needs of: Convenience and speed against trust and security. Choice vs. ubiquity.

Payments 108

Payments eBook Industry Cards 108

PYMNTS

DECEMBER 30, 2016

Bank heists and data breaches saw no shortage in 2016, and corporates large and small could no longer avoid the risk of a cyberattack. Half of companies surveyed, however, are depending on outdated technologies and solutions to stay secure. The environment has truly evolved into an equal opportunity hunting expedition for fraudsters.”.

Fraud 145

Fraud Security Survey Technology 145

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

Security 129

Security blockchain San Francisco United States 129

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.

Cards 150

Cards Fraud Management Online 150

PYMNTS

JULY 6, 2018

billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement. marking a twofold increase over 2014.

Cards 110

Cards United States America Payments 110

PYMNTS

FEBRUARY 23, 2018

Citigroup disclosed in a filing with the Securities and Exchange Commission (SEC) on Friday (Feb. 23) that it uncovered “methodological issues” with how it calculates credit card interest rates and will offer “remediation” to those customers impacted by such calculations.

Cards 109

Cards United States Regulation Taxes 109

PYMNTS

JUNE 22, 2018

Visa and Wirecard are collaborating on a digital fleet card program, the companies revealed in an announcement on Thursday (June 21). The fleet card program we have built together with Visa brings everything together into one efficient solution.”. This is costly and time-consuming. The solution is currently in pilot phase.

Cards 109

Cards Industry Regional Management 109

PYMNTS

FEBRUARY 9, 2017

Brokers/dealers were concerned about the potential for consumers to exercise their rights under Regulation E to assert that a transaction was unauthorized up to 60 days after its settlement, despite the fact that securities settlement transactions are exempt from Reg. A Window Of Opportunity. But what about the other concern?

Security 100

Security Risk Management Conference Industry 100

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.

Mobile 113

Mobile Cards Payments Samsung 113

PYMNTS

JANUARY 16, 2020

The business email compromise (BEC) scam is a cybersecurity threat to businesses of all sizes, and the financial and security implications of a successful attack aren’t isolated to its target. According to the FBI, more than $26 billion in losses linked to BEC were reported between July 2016 and September 2019. Beyond The BEC.

Security 111

Security Strategy Payments Examples 111

PYMNTS

DECEMBER 6, 2017

Data from secure payments enabler EMVCo shows that 58.9 percent of card present transactions, measured globally, were EMV chip-enabled, the technical body said Wednesday. billion EMV cards in circulation worldwide as of the end of 2016. billion cards over the previous 12 months. EMVCo said the 58.9 percent rate.

Cards 102

Cards Regional Data America 102

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.

Cards 100

Cards ATM System Security 100

PYMNTS

APRIL 20, 2017

The malware looks to have been designed to steal guests’ payment card information. The investigation has since found that the malware was created to look for track data from the magnetic stripe — information like card numbers, expiration dates, verification codes and occasionally cardholder names. up 40 percent from 2015.

Cards 113

Cards Data US Groups 113

PYMNTS

JULY 15, 2019

That fraud spans, among other methods, misuse of government credit cards and procurement payments, reported itnews.com. The report noted there has been an 86 percent increase in fraud investigations done internally, with confirmation of fraud in as many as 75 percent of the cases investigated between 2016 and 2017, according to the report.

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Fraud Cards Taxes Payments 109

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.

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Innovation Seattle Fintech Company 150

PYMNTS

MAY 4, 2016

That can mean fraudulent payments made using a business credit card, a compromise of payroll systems or unauthorized ACH and wire transfers. billion in losses last year, according to JAVELIN’s 2016 Small Business Fraud Report: Small Businesses are Big Targets for Fraudsters. The situation is improving, the executive added.

Security 100

Security Fraud Tools Analytics 100

PYMNTS

JANUARY 25, 2019

In 2016, customers took to social media to complain about a similar thing. You have allowed nearly £1k of fraudulent transactions on my card. Some customers complained that they’d been charged for orders they didn’t make, including one case in particular worth almost £1,000.

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Data Security social media Fraud 178