PYMNTS

SEPTEMBER 3, 2018

Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018. It is not an exaggeration to say that 2018 has been the summer of movie subscription service MoviePass ’ discontent.

Branding 100

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Insights on Business

AUGUST 10, 2018

Given IBM’s experiences helping clients accelerate their digital transformation journey with Cloud and AI, we’re particularly excited that “Enabling the digital economy” is the Sibos 2018 conference theme. IBM at Sibos 2018. Stay tuned for more blogs on Sibos 2018! Jim Brill, IBM Financial Services Marketing.

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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.

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Fraud Cards Retail Security 131

PYMNTS

NOVEMBER 14, 2016

The dedicated AR device market is projected to reach just under $660 million by 2018. Some national and regional markets are more willing to accept AR than others. Those numbers look pretty different by region. Ninety-four percent of African businesses are concerned about AR security, for example. Will Devices Drive AR?

Security 100

Security Regional Data Examples 100

PYMNTS

JULY 16, 2019

Banks and credit unions looking for safer and more efficient digital and mobile services for debit and credit cards can now turn to the cloud. One of the challenges regional and community banks and credit unions face is the complexity of physical data integration in their data centers,” said Prasanna Narayan, head of product at Ondot.

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PYMNTS

MARCH 7, 2019

While these regulations are aimed at increasing consumer trust by allowing them more transparency, many consumers in the region are still adjusting. These security concerns are also prompting many payment providers and merchants, such as Mastercard , to rethink their approaches to privacy. How PSD2 is Changing Lending in the U.K.

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Lending Regulation Regional Data 198

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. There were 441 FinTechs operating in Mexico in 2019, a 14 percent increase from 2018. Open Banking And Digital Readiness.

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America Regulation Regional Tools 165

PYMNTS

MAY 22, 2018

Visa announced that the growing number of chip cards and chip-enabled merchants has helped bring counterfeit fraud in the U.S. payments industry to begin the shift to EMV chip cards in 2011,” the company wrote in a press release. As of March 2018, there were 483.6 As of March 2018, there were 483.6 down by 76 percent.

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Fraud Cards United States Regional 133

PYMNTS

OCTOBER 13, 2019

According to The Financial Times , a source familiar with the matter revealed that the company has hired JPMorgan to raise $500 million in new equity from investors, as well as secure a $1 billion convertible loan. As part of the newly expanded partnership, Revolut will primarily issue Visa-branded cards in the global expansion.

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Taxes Fintech Branding Regional 163

PYMNTS

OCTOBER 9, 2019

The company matches freelance writers and translators — he described UReed as a one-stop-shop for linguistic needs — and has a focus on the Middle Eastern and North Africa region (MENA). T here’s more, and it relates more specifically to UReed: In Q4 2018, there was a jump in nonseasonal workers sourcing gigs via digital marketplaces (38.4

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PYMNTS

MARCH 12, 2020

Providers serving a wide array of businesses have access to more card or customer data than individual merchants, meaning they may be more able to flag individuals showing signs of fraudulent or unusual behavior. . Fraudsters can use fake IDs and stolen cards to place orders and quickly make off with items before retailers catch on.

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Fraud Analysis Regional Examples 130

PYMNTS

JULY 22, 2019

Unfortunately, also adding heat this week was the world of fraudsters and hackers – with a few pretty sizable security blips and glitches. Regional banking force KeyCorp disclosed a massive fraud that could potentially cost as much as $90 million – according to reporting out of CNBC last week. Starting with.

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PYMNTS

JUNE 27, 2019

The volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018, while 60 percent of U.S. This move follows the 2018 launch of the Starbucks Delivers program in the region. Card-not-present (CNP) fraud is a particular nemesis, as digital ordering leaves few means for physical verification.

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PYMNTS

AUGUST 29, 2019

Experts estimate that total fraud losses in 2018 totaled $3.9 Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region. The network found that Australia’s 2018 card fraud rate was 72.8 cents per $1,000 AUD of card spending, down from 75 cents the year prior.

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PYMNTS

JULY 26, 2017

And while that is a big goal, Taneja said that it’s all in a day’s work for the global card network that has operations in 200 countries, billions of cards issued across more than 16,000 banks, trillions of dollars in payments processed annually and a processing network — VisaNet — capable of securely processing 65,000 messages per second.

Data 102

Data Security Cards Regional 102

PYMNTS

OCTOBER 8, 2018

For decades, business partners have gathered at in-person meetings, conferences and networking events to do business, with the physical business card hand-off as a vote of confidence in a potential new client, service provider or vendor. “Asian small and medium-sized enterprises [SMEs] are a bit behind their U.S.

Regional 188

Regional Online social media Compliance 188

PYMNTS

MAY 3, 2019

Payments don’t always have to be just about the cards. The airline industry, like so many other businesses, is coming to realize that consumers are setting the pace when it comes new and preferred payment methods — methods that go beyond traditional credit cards. At least that is the message UATP has been sending recently.

Payments 209

Payments Innovation Fintech Cards 209

PYMNTS

MARCH 14, 2018

Banks across the Association of Southeast Asian Nations (ASEAN) region expect real-time payments to come with some major benefits to their businesses, according to new analysis from ACI Worldwide and Ovum. More than three-quarters expect real-time payments to eventually replace the use of payment cards.

Payments 110

Payments Regional Survey Innovation 110

PYMNTS

OCTOBER 15, 2019

Citi’s latest financial report comes as the bank is engaged in various hot areas of payments, not the least of which is dealing with — and trying to get ahead of — ongoing shifts in payments, commerce, security and transparency, and giving corporate cash managers an edge when it comes to real-time and instant payments and other areas.

America 109

America Cards Regional Resources 109

PYMNTS

MAY 23, 2018

A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to fraud last year. And with that, governments and security solution providers are stepping into the fray with the aim of combatting fraudsters. Notable Digital ID News. About the Tracker.

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PYMNTS

JUNE 21, 2018

In the “ 2018 B2B Payments & WCM Strategies ” report, Strategic Treasurer, Bottomline Technologies and Bank of America surveyed about 275 respondents to assess how corporate payment behavior is – or isn’t – changing. Critical to the increased adoption of commercial cards is the increasing acceptance of cards by vendors.

blockchain 111

blockchain Payments Survey America 111

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . The fee is cheaper than that of many current card processors, and the app doesn’t require a merchant to buy a card reader. Founded in 2013, Nubank currently claims 8.5

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blockchain Payments Regional America 147

PYMNTS

MAY 3, 2019

In other news, the New York Police Department (NYPD) has issued a warning about phone scammers pretending to be Social Security Administration officials and requesting payment in bitcoin, prepaid gift cards, and bank wire transfers.

Bitcoin 129

Bitcoin blockchain Texas New York 129

PYMNTS

MAY 3, 2019

Many of these workers travel from rural, low-income regions, hoping that work opportunities in urban areas will enable them to support their families. Services like these, Pai said, will help spur broader adoption among migrant workers who are looking to securely and quickly send funds. . 31, 2018. . 31, 2018. .

Payments 195

Payments System Security ATM 195

PYMNTS

FEBRUARY 4, 2019

Failure to meet AML/KYC requirement challenges can be costly for FIs, too, with regulators issuing heavy fines for lax security practices or failure to devote sufficient resources to oversight. The region has faced 83 separate AML-related fines imposed by 17 regulators in the past decade, with total penalties valued at approximately $1.7

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How To Regulation Compliance Meeting 161

NCR

MARCH 4, 2016

EMV cards are spreading and now account for one in three card-present transactions globally, according to latest data from EMVCo. Between July 2014 and June 2015, 97 percent of all card-present payments used EMV technology. Its ‘Emerging Asia’ region recorded growth in non-cash payments of 21.6 per cent in 2013.

Cards 40

Cards Technology Payments US 40

PYMNTS

MARCH 4, 2019

To use such a machine, a patient must secure a prescription from a doctor, and then scan at the machine a barcode or pharmacy card, according to the report. Employees in the unit reporting to Kabbani include the team at PillPack , which Amazon acquired for more than $800 million in June 2018. Machine Use.

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ATM Mobile System Examples 234

PYMNTS

MAY 30, 2018

Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. PagSeguro, which provides services and devices that enable “micro” merchants to accept debit and credit cards, launched its initial public offering (IPO) in January, raising approximately $2.3

America 109

America Regional Mobile Pennsylvania 109

PYMNTS

FEBRUARY 14, 2018

The news comes as merchants in the region have begun allowing their customers to pay in bitcoin. In news from more traditional cryptocurrency exchanges, the founder of a top crypto exchange predicts that the entire market for digital coins will reach a value of $1 trillion in 2018, CNBC reported. Customers withdrew just over 40.1

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PYMNTS

DECEMBER 8, 2017

In addition to expense management, Happay provides business customers with expense report solutions as well as prepaid and international travel cards for corporate travel payments and expenses. secured $40 million in Series C funding, reports this week said. Artificial Intelligence. California-based H2O.ai

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Bitcoin Analytics Payments Capital 139

PYMNTS

MARCH 2, 2018

And in terms of the data that was taken, hackers accessed driver’s license data but not Social Security numbers. We invested heavily in advancing our data security infrastructure and improving our consumer support and we delivered on our financial commitments.”. Investigations continue, said the company. Revenues were $838.5

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Course Data Illinois United States 103

PYMNTS

OCTOBER 15, 2018

In one example, police departments have said that they will not provide security to the event as a local sheriff’s department has been owed $78,000. But they also had to use systems owned by WCMC to record credit card and bracelet sales, and were supposedly to receive their payments after the festival.

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US Payments Oregon Report 124

PYMNTS

JANUARY 7, 2019

Despite ongoing meetings throughout 2018 between WhatsApp’s chief executive and India’s central bank governor, the two have not been able to come to an agreement. “I Warby Parker reported last week that it was hit by a cybersecurity attack between September and November of 2018 that affected about 198,000 of its customers.

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PYMNTS

OCTOBER 21, 2019

The new SCA Impact Playbook explores how subscription-based merchants can prepare for SCA and manage conversion, churn and card-based risk. The Three Cs: Conversion, Churn and Card-Based Risk. Adobe used the regulation’s onset to ensure its payment integrations were SCA-compliant through 3D Secure 2.0,

Strategy 100

Strategy Compliance Fraud Payments 100

PYMNTS

JULY 30, 2018

It’s why attack simulations have emerged as a critical component of a holistic enterprise security strategy. The firm compiled the results of its tests in its “ Under the Hoodie 2018 ” report, published last week, and the findings are discouraging. ” Still, clients mostly preferred external threats.

Software 106

Software Resources Data System 106

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. These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Virtual card issuance.

Online 98

Online Company Retail Payments 98

CB Insights

DECEMBER 4, 2019

Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay.

Cards 101

Cards Lending Strategy US 101