PYMNTS

FEBRUARY 3, 2020

“The city of tomorrow ought to be a community that will never be completed, but will always be introducing and testing and demonstrating new materials and systems,” Page noted at an industry event in 2019. “A New Orleans made the headlines as 2019 drew to a close when a cyberattack shut down all city-owned computers.

Security 237

Security Baltimore Atlanta Portland 237

PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

Google 192

Google Security Washington Risk Management 192

PYMNTS

FEBRUARY 3, 2020

The sharing economy’s business model is straightforward: Individuals list goods and services on curated online platforms that foster pain-free connections to renters or buyers. Such transparency between buyers and sellers allows the economy to quickly grow — but also presents fraud and security challenges.

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Security Fraud Tools Online 132

PYMNTS

AUGUST 20, 2020

online customers have been targeted by COVID-19-related fraud, with phishing scams emerging as the top way these bad actors are attempting to gain access to their victims’ personal data. The jump in online fraud represents a growing problem for both merchants and banks as well as the regulators tasked with monitoring digital transactions.

Data 289

Data Fraud Regulation Online 289

PYMNTS

SEPTEMBER 28, 2020

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. The country’s Data Protection Law was announced in 2019 and officially came into effect in July 2020. For more on these and other stories, visit the Tracker’s News & Trends.

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Online Report Payments Regulation 151

PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . A silver lining exists, however. It also outlines some of the frictions entities face when doing so. .

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Security social media Retail Fraud 174

PYMNTS

JANUARY 1, 2019

But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. Securities and Exchange Commission that sets the stage for it to go public. An IPO reportedly could happen in the second half of 2019. The latest?

Payments 223

Payments social media Analytics Capital 223

PYMNTS

FEBRUARY 14, 2020

The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep data safe and secure. Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation.

Fraud 150

Fraud Security Kentucky Online 150

PYMNTS

JULY 21, 2020

Customers who are at heightened risk of serious health complications might use these tools to repay neighbors who pick up groceries for them, for example. Consumers are more likely to fall victim to fraudulent schemes when they assume there are stricter security measures protecting their P2P app transactions than there are in truth.

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Security Fraud Payments Examples 151

PYMNTS

SEPTEMBER 24, 2020

One 2019 report noted that there were 220 updates to such requirements worldwide each day, equating to roughly 80,000 in one year. These considerations are especially important during the ongoing coronavirus pandemic as the wave of legitimate customers now doing their banking online has prompted a corresponding spike in fraud.

Compliance 151

Compliance Fraud Regulation Security 151

PYMNTS

NOVEMBER 20, 2020

Loadsmart features an online portal designed for those in the shipping business to move freight through ports and across rail lines and highways on land. Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

DECEMBER 31, 2020

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. The Face of Fraud. Not all CP purchases are equally safe, however.

Fraud 273

Fraud Strategy Security Cards 273

PYMNTS

NOVEMBER 30, 2020

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three in four shoppers bought items online and three in 10 shoppers bought items exclusively online. Our research shows that 74.1 It is also 27.1

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Data Online Cards Google 321

PYMNTS

FEBRUARY 25, 2020

The chain partnered with online food ordering platform Olo to handle order processing, and recently added curbside pickup to existing features like delivery and carry-out. For example], a button not being intuitive enough, or [not doing] what it was supposed to. [We The Secret Sauce Of Security. Cooking Up A Fresh App .

Security 140

Security Mobile Chicago Trends 140

PYMNTS

OCTOBER 9, 2020

found that 32 percent of consumers have been targeted by some type of pandemic-related fraud , for example. Digital-first banks, insurance firms and merchants are tasked with protecting against the schemes to keep their customers’ data secure. trillion due to consumers abandoning their platforms per year, for example.

Fraud 208

Fraud Security Mobile Examples 208

PYMNTS

JUNE 10, 2020

FIs have long been aware that many customers consider mobile offerings compelling, with research from 2019 finding that the channel especially appeals to younger consumers. According to the report, 82 percent of those between the ages of 18 and 24 bank exclusively through mobile channels, for example.

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Mobile Security Examples Study 130

PYMNTS

AUGUST 28, 2019

It’s hardly news that consumers (along with regulators and politicians) are becoming increasingly focused on privacy and online security. These worries regarding connected vehicles are, in a broader sense, tied into larger security issues involving the Internet of Things (IoT) — to which all those cars and trucks will connect.

Security 119

Security System Operations Report 119

PYMNTS

JULY 13, 2020

Listings on property marketplace Zillow that offered virtual tours were saved 50 percent more often by users between March 1 and early April than those that did not, for example. Many customers have grown accustomed to virtual tours and online onboarding processes and may not wish to return to paper-based or manual methods.

Data 198

Data New York City New York Fraud 198

PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. Trust is an essential factor for business interactions of any sort, but this is especially true now that most of these interactions happen online. Retail Trust and AI. Reducing network demands, the technology works even if cloud connection is lost.

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Retail Security Fraud Illinois 149

PYMNTS

DECEMBER 26, 2019

But before we shut the door on 2019, it bears taking a moment to note how much the world of retail has changed in the last year, a fitting capstone on a decade that has seen retail as the American consumer commonly knew it taken to the ground and rebuilt nearly from the foundations. A lot of these brands don’t have stores.”. And should be.

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Retail Branding Course Charlotte 135

PYMNTS

NOVEMBER 3, 2020

He was alleged to be an active member of a cybergang that collaborated online to swap trade secrets and tools. He added that this case is an example of “the department’s commitment” to coordinate with domestic and international agencies “to bring cybercriminals to justice no matter where they are located.”. District Judge T.S.

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Virginia United States Fraud Course 260

PYMNTS

JANUARY 21, 2021

Recent studies have found that debit issuers lost approximately $1 billion to fraudsters targeting transactions at the physical POS or ATMs in 2019 — and this was before the ongoing pandemic expanded fraudsters’ opportunities to launch their schemes. Debit And The Fraud Catch . A PYMNTS study on U.S.

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Fraud Strategy Study Cards 148

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Billion in 2019). For example, the Bahamian government is planning on allowing Bahamians to pay their taxes using Sand Dollars.

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

PYMNTS

DECEMBER 10, 2018

A single digital terminal that can be used to create a secure, interoperable experience when consumers check out online — that experience comes by way of Secure Remote Commerce (SRC): an industry effort to extend the EMVCo standard to online checkout. Encrypting card data creates a more secure online shopping experience.

Security 180

Security Cards Online Industry 180

PYMNTS

MAY 8, 2020

Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. By early 2019, Samsung Pay’s international presence grew to six global regions. By year-end 2019, it expanded into several new countries. . smartphone users. .

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Samsung Management Cards Regional 230

PYMNTS

FEBRUARY 21, 2020

Some consumers may wish to travel with their pets or book a room that accommodates their disabilities, for example, while others may want to ensure that the homeshares they are renting are LGBTQ-friendly before finalizing their itineraries. The other key factor is security. The Security Factor . Euros, U.S.

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Security Fraud Examples Payments 225

PYMNTS

MAY 23, 2019

As of 2019, three quarters of customer interactions with credit unions are digital — the remaining 25 percent is split between branch visits, ATM stops and call center calls. To take a simple example, Chambers noted, a customer who wants to start a YouTube account can do that pretty quickly — in a few minutes.

Online 123

Online Millennials Digital Banking Maine 123

PYMNTS

DECEMBER 18, 2020

Consumers redeemed more than $31 billion in eCommerce coupons in 2019, with untold other offers clipped from newspapers and receipts and cashed in stores. Rauch said the key to fighting promotion abuse fraud is to move as many promotions as possible online, where the store can monitor who uses them and reduce fraud opportunities.

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Fraud Retail Online Customer Experience 275

PYMNTS

FEBRUARY 27, 2020

Retail fraud attempts have doubled year over year, for example, while account takeover (ATO) fraud losses recently hit $14.7 Businesses of all kinds suffer from the pervasiveness of fraud, with a recent study finding that 40 percent of retailers, restaurants and insurance companies had their online expansions impeded by cybercrime.

Fraud 150

Fraud Examples Online Data 150

PYMNTS

SEPTEMBER 22, 2020

Many financial institutions (FIs), especially online-only entities, moved their digital banking infrastructure to the cloud years ago to prepare for a rising crop of digital users, but the pandemic’s impact goes deeper. Banks are continuing their ongoing movement to the cloud even as data and security questions continue to grow.

Compliance 191

Compliance Digital Banking Security Online 191

PYMNTS

JANUARY 23, 2020

billion consumer accounts fell victim to data breaches during the first half of 2019 — to the tune of $4 million in lost revenue per breach. Phishing attempts increased approximately 65 percent in 2019, and cost businesses more than $12 billion in stolen funds, victim payouts and opportunity costs. More than 4.1

Fraud 160

Fraud Online Data Regulation 160

PYMNTS

OCTOBER 2, 2020

For example, instead of dealing with the expense and public exposure of flying to Europe, consumers can watch a 60-minute guided virtual tour of Prague for just $99. billion in August 2019. billion in the same 2019 period. Movies Move Online . billion from $13.7 All told, Spain’s foreign-tourist revenues tumbled 73.8

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Study Online Examples Report 150

PYMNTS

SEPTEMBER 9, 2020

Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. Almost 65 percent of FIs said in a recent survey that their customers are now making more CNP payments, for example.

Cards 162

Cards Fraud Retail Security 162

PYMNTS

JULY 23, 2020

Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools. The creation of open banking initiatives in the E.U.

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America Regulation Regional Tools 165

PYMNTS

OCTOBER 13, 2017

To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. trillion by 2019, noted James Rendell. The industry is slated to be at $3.6

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Security CA Payments Analytics 108

PYMNTS

JANUARY 7, 2019

Welcome to the first Monday of 2019. According to the Chinese calendar, 2019 is the “Year of the Pig” – which may not, at first blush, inspire much excitement for the 358 days ahead of us. Paying for things will happen online for pickup in the store later. They’ll have to.

Mobile 205

Mobile Innovation Apple Study 205

PYMNTS

AUGUST 28, 2019

Customers who were once content to wait three to five business days for packages have become accustomed to Amazon Prime ’s free two-day delivery and expect to find such conveniences elsewhere, for example. A 2019 survey of 1,000 Gen Z consumers found that 58 percent had used BOPIS. Quick Access and Impulses. Tractor Supply Co.

Retail 108

Retail Online Study Alaska 108