PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Security 192

Security System Fraud Tools 192

PYMNTS

JULY 25, 2017

Stemming from AI, machine learning is helping technology move at a swifter rate, and as more people bring their shopping needs into the online world, it’s likely that machine learning will play a larger role moving forward. In 2016, online financial fraud hit 15.4 million Americans, a 16 percent increase to $16 billion in stolen money.

Fraud 196

Fraud Online Retail Maine 196

Bank Innovation

DECEMBER 10, 2016

“The use of Artificial Intelligence to anticipate the customer’s needs will be an area of growth not only in 2017 but throughout the foreseeable future. AI Anticipates Customer Needs Andy Hernandez, Head of eBusiness, Regions Financial Corp. Simply put, we want to break down barriers for customers by consistently Read More.

Regional 236

Regional Fintech Online Security 236

PYMNTS

MAY 9, 2017

Mobile payments using biometrics to authenticate the user is forecasted to reach close to $2 billion in 2017, up from $600 million last year, according to new data from Juniper Research. What’s more, 90 percent said they think they would use biometrics for online payments in the future because they see it as a more secure method.

Mobile 137

Mobile Payments New York City Samsung 137

PYMNTS

APRIL 11, 2019

Securing alcohol is one of the grand adventures of life, especially if a person is younger than the legal age to buy. First, he wants people to know what the growth of online alcohol sales really means, so no one carries around misconceptions. Online food delivery is in the midst of what might one day be called a golden age.

Online 169

Online Retail Regulation Maine 169

PYMNTS

FEBRUARY 14, 2020

An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. This incident comes as the island is still recovering — and facing financial scrutiny — from 2017’s Hurricane Maria and a series of earthquakes. Authorities have frozen at least $2.9

Puerto Rico 169

Puerto Rico Online Fraud Policies 169

PYMNTS

JANUARY 10, 2020

According to its Securities and Exchange Commission stock registration statement, as cited by CNBC , the online mattress retailer said it lost $73.4 million in 2017 and $92.1 Privately held Casper Sleep filed regulatory paperwork on Friday (Jan. 10) to take the company public on the New York Stock Exchange. million in 2018.

Retail 130

Retail Online New York America 130

PYMNTS

APRIL 18, 2019

Big news is in the offing for Walmart , Amazon and other chains that offer grocery ordering online – they have gotten a formal “green light” from the USDA to offer that service to recipients of the Supplemental Nutrition Assistance Program (SNAP). About $52 billion of food stamps were spent in those locations in 2017, or about 82 percent.

Online 126

Online North Carolina New York New York City 126

PYMNTS

FEBRUARY 14, 2017

Roxane Dibol, EVP and GM of Website Security at Symantec, said in a press release, “Through its support for Encryption Everywhere, BigCommerce is ensuring its merchant base can compete effectively and provide a world-class shopping experience that is both trusted and secure.”.

Security 108

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PYMNTS

SEPTEMBER 19, 2019

Illicit and counterfeit goods make up a multibillion dollar fraudulent industry, with merchants suffering $323 billion in total losses from counterfeit products in 2017. Online sales of such products are projected to reach $1.8 Fast Speeds, Smaller Packages and Online Counterfeiting. Kimberly Gianopoulos , director at the U.S.

Online 133

Online Fraud Report Payments 133

PYMNTS

APRIL 3, 2018

According to KrebsOnSecurity, the data, which includes names, email and physical addresses, birthdays, loyalty card numbers and the last four digits of credit card numbers, was visible in plain text on the Panerabread.com website for anyone that was signing up to place online food orders from the website for pickup or delivery.

Data 127

Data Online Security Cards 127

PYMNTS

NOVEMBER 4, 2019

From counterfeiting to identity theft to phishing attacks, digital fraud takes many forms — and online shopping continues to make consumers and merchants vulnerable to such attacks. According to a new LexisNexis study , overall retail fraud attempts doubled year-over-year and tripled since 2017. By its measures, merchants pay $3.13

Fraud 124

Fraud Retail Online Study 124

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. The study outlines several contributing factors driving this surge in eCommerce transaction popularity, including the rise in consumer confidence in online security measures.

Online 131

Online Cards Study Mobile 131

PYMNTS

JULY 9, 2018

However, Macy’s said the accounts don’t include Social Security numbers or CVV numbers. The news comes a few months after Orbitz , a subsidiary of online travel agency Expedia, had announced that it was hit with a data breach in 2016. The company also revealed that the Social Security numbers of U.S.

Online 134

Online Data Detroit Retail 134

Bank Innovation

JULY 3, 2018

million) in 2017, up from £7.9 PREMIUM - U.K. challenger bank Monzo has made headlines recently for massive losses that quadrupled year-over-year. Loses were recorded at £33.1 million ($43.6 million ($10.4 million) the previous year, according to the Financial Times.

Security 199

Security Online Data 199

Bank Innovation

FEBRUARY 6, 2017

Companies from a wide range of fintech are finalists in the demo contest at Bank Innovation 2017, the event announced today. The finalists were chosen from applicants from around the world. A total of 12 companies will demo at Bank Innovation. The winning startup will be named Best in Show. Read More.

Innovation 150

Innovation Meeting Technology Fintech 150

Javelin Strategy & Research

DECEMBER 14, 2021

Javelin Online Banking Awards kinjal Tue, 12/14/2021 - 15:02 Sections Home Rss.xml Javelin Online Banking Awards Javelin Online Banking Awards In this mobile-first era, online banking is still the workhorse channel and the dominant digital touch-point. This will continue for the foreseeable future.

Online 40

Online National Trends Report 40

PYMNTS

OCTOBER 19, 2018

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. million fraud crimes in 2017, Trilli said, and $22.1 We have to accept some part of that [friction] for the online world. We are trying to take our offline ID and use it online.”.

Fraud 189

Fraud Online social media Software 189

Bank Innovation

NOVEMBER 28, 2016

will participate in a fireside chat at Bank Innovation 2017. Bank Innovation 2017, March 6-7 in San Jose, Calif., Adam Carson, managing director, global technology strategy & partnerships at JPMorgan Chase & Co., will feature dozens of speakers on investing in innovation, chatbots, blockchain and more.

San Jose 150

San Jose Innovation blockchain Strategy 150

PYMNTS

JUNE 16, 2019

A report from the Government Accountability Office ( GAO ) said several government departments still rely on the three major credit agencies — Equifax, Experian and TransUnion — to verify a person’s identity before they can access their services online. Agencies like the U.S.

Knowledge Base 108

Knowledge Base Online United States Fraud 108

Bank Innovation

FEBRUARY 8, 2017

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Yabuki joined Fiserv in 2005. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Fiserv also supports this site’s Read More.

San Jose 150

San Jose Innovation Leadership Company 150

PYMNTS

OCTOBER 11, 2016

Ant Financial’s potential investors should mark their calendars for late 2017. Ant Financial, the $60 billion online financial extension from Alibaba, says it’s putting growth first by expanding its number of users from the current 450 million, by adding merchants and more customers into the mix.

Lending 100

Lending Online Regulation Security 100

PYMNTS

FEBRUARY 23, 2018

Entersekt , the push-based authentication and mobile app security company, announced news on Thursday (Feb. In a press release , Entersekt said Equifax has licensed its Transakt product to add an additional level of security to its online and mobile services. “We

Security 100

Security Mobile Innovation America 100

PYMNTS

JUNE 11, 2018

In news that might please frat boys, fans of European beer and owners of man caves, Heineken has started online sales of its home tap machines and the two-liter kegs that work with it. But this is not Heineken’s first foray into online beer sales. Online alcohol sales in the United States reached $1.7

Online 115

Online United States New York City Georgia 115

PYMNTS

OCTOBER 30, 2017

What’s more, the report quoted Ji as saying that China is aiming to enhance its regulations for all online financing businesses, and that all of the financing activity should at the very least be subjected to a basic amount of oversight.

Online 100

Online Bitcoin Regulation cryptocurrency 100

Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations. SEC Regulation.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

Security 131

Security Fraud Analytics Tools 131

PYMNTS

NOVEMBER 28, 2018

According to a report in The Hacker News , the fake clicks were used to trick online advertisers for years and make tens of millions of dollars as a result. According to the report, 3ve (pronounced “Eve”), which is what the group called its online ad fraud campaign, was active since 2014 but could have been around for longer.

Google 128

Google Fraud Online Operations 128

PYMNTS

JUNE 10, 2020

This has increased the need for FIs to develop convenient mobile onboarding experiences, but those that lack confidence in their ability to secure such channels appear to be reluctant to offer them. They need to thoroughly vet new customers and comply with security obligations to prevent crime from proliferating. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

PYMNTS

JANUARY 10, 2017

It’s early in 2017, but fraud looms like Nosferatu chancing upon the sleeping maiden. As an analogy, he said, think of an airport security setup, where the clear majority of users are not terrorists, yet the current system demands an unpleasant and inefficient process. That’s only a tongue-in-cheek statement, as proffered by Webster.

Fraud 100

Fraud US Data System 100

Bank Innovation

JANUARY 10, 2017

Avin Arumugam, senior vice president of the Internet of Things at Visa, has joined the speaker faculty for Bank Innovation 2017, which takes place March 6-7 in San Jose. Arumugam was at JPMorgan Chase for four years prior to his starting at Visa in May 2016. Recent video footage also Read More.

San Jose 150

San Jose Innovation Video social media 150

PYMNTS

AUGUST 22, 2018

The online marketplace has disrupted any number of verticals, changing the way we shop and spend, and where we grab must-have items — from books to rugs to lamps, and sometimes from across international borders. Securities and Exchange Commission (SEC). Within that, how much is online? That was $74 million in 2017.

Online 101

Online Retail Branding Data 101

PYMNTS

JANUARY 24, 2017

As more Americans reach for their mobile devices when making purchases, providers are looking for new ways to secure smartphones. And, over the course of the past month, several security providers rolled out new mobile phone protections, designed to help provide security in the booming mobile economy. Delivering safe sales.

Security 100

Security Mobile Las Vegas Report 100

PYMNTS

MAY 30, 2018

Small businesses (SMBs) seeking loans decreased at the end of 2017, and companies felt the sting of financial challenges more acutely. That finding comes care of data gathered by 12 regional Federal Reserve banks in a survey conducted over the third and fourth quarter of 2017.

Lending 115

Lending Community Bank Survey Community 115

PYMNTS

MARCH 1, 2019

According to a 2017 YouGov survey, 65 percent of SMBs in the U.S. The value of online banking fraud loss nearly tripled from 2007 to 2009 after the U.K. Security strategies. The result was a 24 percent decrease in fraud from 2016 to 2017. would consider switching to banks that offer real-time payments capabilities.

Security 134

Security Payments Fraud Cards 134

PYMNTS

SEPTEMBER 20, 2019

Online personal shopping service Lookiero revealed it has closed a $19 million funding round led by London-based MMC Ventures, as reported on Friday (Sept. Founded in 2015 by Spanish entrepreneur Oier Urrutia, the company uses algorithms to provide users with a personalized online shopping experience.

Security 122

Security Branding Maine Online 122

PYMNTS

JANUARY 8, 2019

The company received $3 million in Series A funding in June 2017, bringing the total raised to $10.5 The company also partnered with online marketplace Aha in 2017 to debut an on-demand delivery service in Iceland’s capital, Reykjavik.

North Carolina 111

North Carolina Company Security Course 111