PYMNTS

JUNE 29, 2020

SMBs and merchants operating in the EU must comply with strong customer authentication (SCA), which mandates stricter authentication requirements for online and contactless purchases above a certain value. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

How To 239

How To Payments Management social media 239

PYMNTS

JULY 25, 2019

New account fraud has become the most expensive form of identity fraud for businesses and consumers alike,” Kyle Marchini, senior analyst, fraud management at Javelin Strategy & Research, said in an emailed press release. million consumers in 2018. In fact, NAF hit its second highest level ever, affecting 3.2

Fraud 148

Fraud Report Mobile Strategy 148

PYMNTS

JULY 9, 2019

Soldo, a company offering corporate spend management solutions, has announced a Series B funding round, according to a Monday (July 8) report in Yahoo! Operating in the U.K., Ireland and Italy, Soldo said it secured the latest funding, to the tune of $61 million, from U.S.-based

Management 100

Management Strategy Capital Payments 100

PYMNTS

JULY 11, 2018

According to the researcher, smart home IoT security spending will be less than 17 percent of the consumer market in 2023. In contrast, IoT smart energy security spending is predicted to reach $1 billion annually in 2023.

Security 116

Security Survey Industry Study 116

PYMNTS

FEBRUARY 17, 2020

In the February Intelligence of Things Tracker , PYMNTS examines how connecting devices can promote efficiency, optimized operations and streamlined organizational structures — but doing so can also create favorable data breach conditions for fraudsters. Cisco Uses IoT Security To Build Smart Cities. About The Tracker .

blockchain 249

blockchain Maine Security Data 249

PYMNTS

JUNE 10, 2020

FIs that already provided mobile options were well-positioned to manage consumers’ and businesses’ finances during the pandemic, but others have had to look beyond their existing relationships to offer digital services. A 2018 study found that more than 50 percent of U.K. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. As that happens, retail operators — including some of the biggest and most famous — are turning to AI and putting more faith in the technology to help secure the future. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept. As hybrid cloud strategies become more popular, this vulnerability is further exacerbated.

Data 232

Data Security ATM Tools 232

PYMNTS

NOVEMBER 15, 2017

Together, SAP and EY said they are pushing for corporate adoption of blockchain in the area of supply chain management, a common target of open-source blockchain projects. Their partnership deploys EY’s Ops Chain supply chain management solution built on distributed ledger technology.

blockchain 130

blockchain Analysis Tools Technology 130

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. STACK’s mobile app provides budget management and spending accounts, among other services. Partnering With Established Players.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

AUGUST 24, 2017

FitPay is working to enable and secure contactless payments made on any connected device. Earlier this year, FitPay joined forces with security technology company NXT-ID in an effort to build out a more comprehensive Internet of Things (IoT) platform. Security throughout the IoT arena is a topic that’s continually being refined.

Security 103

Security Samsung Payments Apple 103

Insights on Business

FEBRUARY 7, 2018

Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. If you look for a common theme among the financial and banking sessions, speakers, demos and client stories at Think 2018, it is disruption through agility. Digital wealth management.

Las Vegas 111

Las Vegas blockchain NV Conference 111

PYMNTS

JANUARY 30, 2018

In corporate finance, the tool could upend the status quo of supply chain management, cross-border payments, invoicing and document sharing and more. Because so many developers are deploying blockchain for the purpose of enhanced security, the executive added, “ensuring the technology is glitch-free is critical.”.

blockchain 144

blockchain Security Software Tools 144

PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. Three board members are on track to be replaced by April and a fourth by the end of 2018.

Risk Management 100

Risk Management Management Compliance Groups 100

PYMNTS

AUGUST 23, 2018

Residential real estate startup Bungalow announced it has secured $64 million in funding: a $14 million Series A led by Khosla Ventures, Atomic, Founders Fund, Cherubic Ventures and Wing Ventures, as well as a $50 million debt facility. Since its launch, the company has operated in the Bay Area, Los Angeles, New York, San Diego and Seattle.

San Diego 100

San Diego Los Angeles Security Portland 100

PYMNTS

JANUARY 8, 2020

New York-listed Rockwell Automation is acquiring Israeli-based Avnet Data Security to deliver advanced cybersecurity services, Rockwell announced on Wednesday (Jan. The move also aims to expand Rockwell’s expertise in information technology and operational technology (IT/OT) cybersecurity services. billion in revenue in 2018.

Las Vegas 132

Las Vegas Milwaukee Security New York 132

PYMNTS

MAY 18, 2020

JCB, one of the biggest credit card operator in Japan, has also worked with blockchain before, partnering with U.S.-based The bank is now also working with Singapore-based Keychain, on a project intended to boost security for next-generation payment systems by using enterprise blockchain. billion in fiscal year 2018.

blockchain 287

blockchain System Payments cryptocurrency 287

PYMNTS

JANUARY 6, 2020

Australia challenger bank Judo Bank has announced a collaboration with credit management Software-as-a-Service (SaaS) provider InfraRisk to bolster its small business lending operations. The company has secured a full banking license in 2018, enabling it to accept deposits. A press release issued on Sunday (Jan.

Lending 131

Lending Analytics Compliance Fintech 131

CB Insights

MARCH 20, 2019

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). Meituan Dianping.

Company 70

Company San Francisco Capital Software 70

PYMNTS

JUNE 22, 2020

Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. percent of total revenues) in fiscal 2018, representing a 64.7

North Carolina 150

North Carolina Capital Software Security 150

PYMNTS

MARCH 25, 2020

“Dan is a highly regarded leader and accomplished executive with operational expertise and over two decades of deep experience in the FinTech space. He is also an innovator who has spearheaded, built and operated two publicly-traded payments companies,” said Jacobs. 31, 2019 showed an increase in total operating revenues of $249.3

Fintech 139

Fintech Operations Innovation Company 139

PYMNTS

JULY 5, 2020

In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., We see our mission, to make it easy to do business anywhere, reflected in Tokopedia’s journey,” said Finance Manager Kenny Ho at Alibaba at the time. s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators.

Google 264

Google Regional Retail Groups 264

Jeff For Banks

DECEMBER 13, 2018

The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Thanks to good old growth and balance sheet management which saw their net interest margin expand from 3.49% in 2015 to 3.80% today. The bank operates twelve branches, eleven in California and one in Nevada.

Oregon 101

Oregon Ohio California Community Bank 101

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. Offering streaming media subscriptions or gym memberships to customers for monthly or yearly payments gives companies recurring revenue streams they can bank on to better grow their businesses, manage budgets and plan ahead. trillion a year.

Security 130

Security Fraud blockchain Cards 130

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The partnerships are part of a larger plan by Lloyds Bank to enhance its online banking offerings, an initiative that began in 2018. The bank has designated $3.7

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

JULY 6, 2020

Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). Investors in the Payfazz Series B round are Y Combinator, Tiger Global Management, Quiet Capital, Insignia Venture Partners, BRI Ventures B Capital Group and ACE & Co.,

Capital 211

Capital Groups Report Mobile 211

PYMNTS

MAY 12, 2020

In a filing with the Securities Exchange Commission (SEC), the board said the agency should not rely on the company’s recent financial statements, which are believed to be inaccurate. Cao has served as senior vice president in charge of store operations and customer service since 2018.

Fraud 185

Fraud Chicago Washington Regional 185

PYMNTS

FEBRUARY 6, 2020

Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods. “Our collaboration with Finrails AP gives business owners more choice, flexibility and security when it comes to making payments.”

Illinois 167

Illinois Chicago Cards Payments 167

PYMNTS

FEBRUARY 28, 2019

They must also excel at securely handling payments and personal data, while recommending services at the right moment to enhance transactions along the way. million tourists using the platform in 2018, a 56 percent increase over the prior year. Airbnb on Payments, User Friction and Security Challenges in a Global Market.

Payments 183

Payments User Experience Training Case Study 183

PYMNTS

JANUARY 29, 2020

A significant number of firms — notably small- to medium-sized businesses (SMBs) — still use such systems, as 25 percent of smaller firms stated in 2018 that their payroll involved pen-and-paper methods. A 2018 report found that 21 percent of the fraud SMBs see is expense reimbursement fraud from their own employees.

Taxes 141

Taxes Fraud Tools System 141

CB Insights

OCTOBER 21, 2018

The 2018 Fintech 250 have raised approximately $53B in aggregate funding across 947 deals since 2013, and includes startups at different investment stages of development, from early-stage (seed/Series A) companies to well-funded unicorns. Outside the US: 44% of the 2018 Fintech 250 are based outside the US. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

OCTOBER 18, 2020

The Instant Payments Solution platform from SIBS, launched in 2018 to ensure instant payments processing at a national level, is now also providing these operations between European financial institutions. Larger companies could leverage instant payments for better liquidity management, as they juggle payroll or invoices,” he said.

Payments 167

Payments Boston System Survey 167

PYMNTS

JANUARY 27, 2020

percent increase from 2018. Businesses need employees to build and promote their products, but they cannot afford to have those workers weaken their security, meaning fraud prevention must be among firms’ top priorities. Ensuring Secure Workplace Practices. million in 2019 — a 1.5 Fighting the Phishers.

Fraud 249

Fraud Policies Security Resources 249

PYMNTS

NOVEMBER 2, 2020

In 2018, the Postal Service piloted the FBI partership program at two post offices in Washington, D.C. At the General Services Administration ’s (GSA) Impact Summit Series on identity, Heather Dyer, the director of identity and access management at the U.S. The Postal Service operates 31,000 post offices, and 99 percent of the U.S.

US 191

US Washington Report Policies 191

PYMNTS

NOVEMBER 18, 2020

The company confirmed in the post that while its customer’s assets are secure, personal contact information and encrypted passwords might have been compromised in the attack. “We We can confirm client funds are accounted for, and remain safe and secure,” the post stated.

Bitcoin 151

Bitcoin Report cryptocurrency Security 151

PYMNTS

JANUARY 20, 2020

South African regulators also approved Goldman Sachs for a bank operation license as the firm strives for growth in the most liquid and sophisticated economy on the continent. Africa’s working-age population is anticipated to go up to nearly one billion by 2030, up from 705 million in 2018, according to the African Development Bank.

Capital 131

Capital Groups Apple Operations 131