PYMNTS

JANUARY 21, 2019

A new report has revealed that Fortnite’s in-game currency is being used to launder money from stolen credit cards. According to a report by The Independent and cybersecurity firm Sixgill , a hacker will access someone else’s credit card information, and then use it to create a Fortnite account and buy V-bucks, which is the game’s currency.

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social media Cards Security Fraud 211

Abrigo

DECEMBER 17, 2019

Carding shops offer bulk sales on compromised payment card data. Carding shops are underground marketplaces that traffic in compromised payment card data. These marketplaces facilitate the movement of compromised payment card data from hackers to fraudsters, often across faraway geographies. Fraud Prevention.

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Fraud Tools social media Cards 307

PYMNTS

JANUARY 8, 2020

The news was released in a social media post by the official People’s Bank of China (PBOC) account on Wednesday (Jan. In November of 2018, Amex got approval to clear card payments by the PBOC , making it the first company of its kind to get access to what will become the largest card network this year.

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PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

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Cards Technology social media Meeting 131

PYMNTS

JANUARY 25, 2019

The General Data Protection Regulation (GDPR), which went into effect May of 2018, has had some serious repercussions on tech companies all over Europe, but especially in the U.K. In 2016, customers took to social media to complain about a similar thing. You have allowed nearly £1k of fraudulent transactions on my card.

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Data Security social media Fraud 178

PYMNTS

FEBRUARY 13, 2019

In the highly connected digital age, consumers are interacting with a multitude of social media sites as well as apps and connected devices. Simply said, contextual commerce occurs when a consumer sees a product on a smart device or social media feed (and even a recommendation from a friend) and buys the product.

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social media Innovation Google Retail 139

South State Correspondent

MARCH 23, 2022

Nubank started with a credit card offering, followed by deposit accounts, then lending, and then payments, investing, and insurance. While Buy Now Pay Later (BNPL) instant credit models are now commonplace, back in 2018, Nubank had to develop its own. Xpeers are customer support help reachable by phone, chat, social media, or email.

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Branding social media Strategy Data 221

FICO

DECEMBER 19, 2017

Just as the Wild Card Round is followed by the Divisional Round in the NFL playoffs , fraud and payments predictions are always followed by New Year’s resolutions. His wallet was a few cards lighter as a result. She uses SamsungPay to hold all of her debit and credit cards, and is pretty happy with that. My Predictions for 2018.

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Fraud Payments Cards social media 55

PYMNTS

NOVEMBER 16, 2020

This is the first time a company is being legally called out for violating the 2018 data privacy mandate. Schrems has already challenged Facebook in court twice, which resulted in the social media giant having to change the way it transfers data.

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Tools Apple social media Regulation 153

PYMNTS

NOVEMBER 15, 2017

According to news from Fortune , customer payment card information was compromised at certain point of sale devices in stores when the encryption on those devices was not operating. We will open 10 stores in 2017 and follow up with three more in 2018.”. Earlier this year, Forever 21 partnered with mall owner GGP Inc.

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Los Angeles social media Millennials Retail 151

PYMNTS

AUGUST 19, 2019

These criminals are exploiting new technologies to commit fraud, posting adverts on social media to try and recruit money mules,” he said. Separately, a federal grand jury has indicted a Maryland woman for allegedly bilking a Newark, Delaware medical practice of more than $320,000 through the use of a corporate credit card.

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PYMNTS

JANUARY 17, 2020

The move pushes Visa ever further away from cards and toward its goal of becoming, as management has often described it, a “network of networks.”. Credit Card Spend: Bank results show continued spending on credit cards. JPMorgan’s latest quarter showed credit card transactions were up 10 percent in the quarter.

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Bank Innovation

APRIL 18, 2018

EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.” Launched back in 2014, […].

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Fintech Innovation social media Online 170

PYMNTS

NOVEMBER 22, 2019

People don’t know what’s true and what’s not, and what to believe,” he noted, adding that instead of uniting people, technology — like social media — is “splintering” them. Goldman CEO Denies Claims Of Apple Card Credit Biases. Lawyer George Isaacson argued Wayfair’s side in the landmark 2018 South Dakota v.

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South Dakota Apple Taxes Cards 101

PYMNTS

AUGUST 22, 2018

22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers. Fiserv, the global provider of financial services technology solutions, announced on Wednesday (Aug. What’s more, Fiserv said that account takeover losses in the U.S.

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Fraud social media Knowledge Base Cards 101

PYMNTS

SEPTEMBER 11, 2019

Email often gets overlooked in the 2019 digital economy, given the higher levels of excitement attached to social media, video and other, more cutting-edge tools — to say nothing of the use of text as a communication tool. billion in 2018. Actors usually get around 70 percent of the face value of the card in bitcoin.”.

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Fraud social media Cards Bitcoin 163

PYMNTS

DECEMBER 31, 2019

We are also making a distinction between hacks that were announced during the year, such as the gargantuan disclosure by Marriott that hackers accessed 383 million guest records, but the attacks were in 2018. Data compromised included email addresses, Social Security numbers and bank information. Size and Scope. Separately, around 11.9

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Data social media Security Report 145

PYMNTS

OCTOBER 31, 2019

million versus $585 million in Q3 2018, an increase of 63 percent year over year. Kroger Now Accepts Visa Cards (Again) At All Locations . Kroger has begun taking Visa credit cards again at all of its stores after having previously banned the payment method at its Foods Co. The ride-hailing firm reported revenue of $955.6

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Apple Payments social media Cards 100

CB Insights

AUGUST 2, 2018

One of the biggest trends in fintech today is the rise of digital banking products like mobile checking accounts and new debit cards. From Square to Paypal, a host of fintechs are creating products that let consumers spend money directly out of digital accounts using a physical card. turning Digital p2p payments into debit cards.

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Cards Fintech UX Strategy 71

PYMNTS

JANUARY 16, 2020

The language is not explicitly tied to recent activities from the Treasury Department (and specifically mandated by the Foreign Investment Risk Review Modernization Act passed by Congress in 2018). billion, and more recently, there has been an investigation launched into TikTok , the social media and streaming app.

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Payments social media Operations Examples 132

PYMNTS

JANUARY 17, 2020

million fraud reports in 2018, resulting in $1.48 All the consumer needs to do is fill out a survey, at the end of which the page asks for a credit card number to pay for the $1 phone. Consumers are advised to call billers or card providers directly to stop such charges. Deceptive and unwanted credit and debit charges cost U.S.

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Security Fraud blockchain Cards 130

CFPB Monitor

APRIL 13, 2020

Earlier this month, the Office of Servicemember Affairs (OSA) released its annual report covering the Office’s activities during fiscal year 2019, which covers the period of October 1, 2018 to September 30, 2019. Notably, only 2 percent of servicemember complaints involved struggling to pay their credit card bills.

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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.

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Regional Online social media Compliance 188

PYMNTS

NOVEMBER 8, 2018

Failures — well, they bring social media infamy and headlines, to say nothing of lost revenue, frustrated investors and, in some cases, the forced vacation known as unemployment. That’s not to suck any cheerful anticipation out of the 2018 holiday shopping season, during which U.S. And there will be failures.

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PYMNTS

DECEMBER 17, 2018

In Q3 2018, merchants used product ratings, product details and messaging in a bid to drive subscription conversions. It also explains how the service works: The company provides customers with a prepaid debit card that gives them access to thousands of gyms when they sign up. Almost the same share – or 92.2

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social media Tools Maine Mobile 134

PYMNTS

JANUARY 22, 2019

As perks for consumers go, cash-back offerings remain the leader of the pack when consumers are choosing credit cards. 13 percent of adults have an airline or hotel credit card, and 12 percent have a general travel rewards credit card, according to surveys by CreditCards.com and YouGov Plc. In the U.S.,

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Cards cryptocurrency Branding Capital 152

PYMNTS

SEPTEMBER 6, 2019

The customer visits the website and creates an account that links their card number to their phone number, then texts their order to the company. More than just an interesting take on an old product, Dirty Lemon distinguished itself early on with a rather unique sales mechanism. Customers must buy a minimum of six drinks for $65.

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social media Branding System Examples 139

PYMNTS

JULY 3, 2017

The End of Excessive Card Surcharges. Good news for consumers: as of January 2018, that’s not going to be a thing anymore. A new law is going into effect that will prohibit agents from charging customers fees for using their credit or debit card. The Rise of CNP Fraud.

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Online Payments Fraud Cards 112

PYMNTS

MARCH 25, 2019

Apple reportedly said that the service will not allow advertisers to track what subscribers are reading, which means no targeted ads based on consumed news stories, as is the case with social media. billion on games in 2018,” a growth in spending of some 13 percent compared to 2017. billion gamers across the globe [spent] $137.9

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Apple Retail California social media 100

PYMNTS

AUGUST 30, 2019

Learn about new approaches to fighting fraud, debit cards for kids, the world that Netflix created and is now in danger of losing, and other topics. Debit Cards For Kids — It’s A Thing. Experts estimate that total fraud losses in 2018 totaled $3.9 Visa: New Cyber Threats Require New Fraud Tools. trillion — an increase of 49.5

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PYMNTS

JANUARY 10, 2020

Standing out in this market can be difficult for the hospitality services looking to claim millennials’ travel dollars, though, as it can be tough to create a reputation as a convenient, quick, digital-first, social media-savvy travel option when every company is looking to do the same.

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Millennials social media Mobile Payments 131

PYMNTS

JANUARY 28, 2019

It is also, according to reports, a favored new method by thieves, who will access someone else’s credit card information, use it to create a Fortnite account and then buy V-bucks, the game’s currency. And an estimated 86 percent of the scams were shared via social media platforms such as Facebook, Instagram and Twitter.

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Video Data Google Cards 128

PYMNTS

OCTOBER 9, 2017

Once a show has been selected, MoviePass credits the user’s linked Movie Pass debit card with the full cost of the ticket. The debit card is then swiped at the theater’s POS to obtain the tickets. As the service experienced the surge of new users, MoviePass was faced with having to quickly issue an enormous number of debit cards.

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social media New York City Cards Google 101

PYMNTS

JUNE 13, 2019

billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud.

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PYMNTS

SEPTEMBER 30, 2019

According to the 2018 Global Brand Counterfeiting Report , luxury fashion brands are a favored target. Social Media. Online marketplaces might be an obvious source of potential fraud, but the growing popularity of social commerce is also creating a rise in sales of counterfeit fashion on platforms like Instagram.

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Online Fraud Branding social media 101

PYMNTS

OCTOBER 11, 2018

Turnarounds in tech — and in social media in particular — are not unheard of, Nathanson wrote, meaning it is not impossible for Snap to snap back from all this. That action, according to a Snap press release , will cause an Amazon card will appear onscreen, surfacing a link for that product or similar ones available on Amazon.

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Apple social media Millennials Report 181

PYMNTS

DECEMBER 22, 2018

Going into the 2018 holiday shopping season, there were worries about a shortage of live Christmas trees — as is the case with all agriculture, farmers who grow trees are under often relentless pressure to sell their land for development — but that does not seem to have materialized. Digital Boost For Old Traditions.

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