PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

DECEMBER 9, 2020

This includes building a governance framework to evolve technical, policy, compliance, security and operational standards for the issuing and use of fiat digital currencies and stablecoins.” . Cuy Sheffield , head of the crypto at Visa, said this is the first business card that will make the balance of USDC available for spending.

blockchain 258

blockchain cryptocurrency Analytics Policies 258

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

FICO

MAY 27, 2021

A Dozen Top Achievers in 2021. Earlier this year we provided a list of the winning companies in our 2021 FICO® Decisions Awards. Many of our award winners rose to the task with new solutions and capabilities built on analytic decisioning investments that helped them to pivot to new operating models and constraints.

Analytics 52

Analytics Fraud Management America 52

FICO

NOVEMBER 11, 2020

FICO has announced its panel of independent judges for the 2021 FICO® Decisions Awards which honor clients achieving outstanding results using analytics and decision management technology to grow their business, manage risk and reduce costs. Ignazio Provinzano, Head of Risk Operations at Swisscard (previous winner). by Nikhil Behl.

Meeting 52

Meeting Analytics Big Data Management 52

PYMNTS

JANUARY 21, 2021

The healthcare industry continues to be on high alert and many hospitals are operating increasingly close to maximum capacity. That said, even through the winter surge and rise in COVID-19 cases, Colabella said practices are still open, and have learned how to operate safely under these circumstances.

System 250

System Payments Cards Industry 250

PYMNTS

DECEMBER 23, 2020

The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. 2021 And Beyond.

Fintech 322

Fintech Cards FDIC Lending 322

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. billion in 2021. Massive financial losses can destabilize their operations, impact profitability, and harm their reputation. billion loss in 2022.

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

OCTOBER 9, 2020

billion consumers will be shopping primarily through digital channels by 2021 — representing a $6.5 This includes upgrading digital security measures, but the resurgence of brick-and-mortar commerce has required upgraded technologies to accept contactless payments and mobile wallets. trillion opportunity for eCommerce retailers.

Fraud 188

Fraud Retail Report Online 188

PYMNTS

SEPTEMBER 22, 2020

million in 2021 as dining spaces reopen but is eventually expected to rebound to 53.9 Some dishonest customers request refunds even though they have received and consumed their meals or realized that family members have purposefully or accidentally used their cards to make food purchases. percent to 45.6 million this year.

Fraud 255

Fraud Mobile Tools Study 255

PYMNTS

JANUARY 9, 2020

After raising $1b last November, the Noida-headquartered firm confirmed its business app now features a comprehensive QR code system operating on multiple platforms, accepting payments from diverse sources, including mobile wallets as well as any powered by UPI, a systems infrastructure widely utilized in the industry.

System 136

System Payments Conference Operations 136

FICO

APRIL 7, 2022

This blog discusses another crucial aspect of financial services, which is secure digital banking and the fundamental duty of banks to make customers feel that their assets are safe. Customers expect financial institutions to provide an ample amount of security and protection. Give customers more control. Bank of America [Example]. "We

Digital Banking 52

Digital Banking Security Fraud America 52

PYMNTS

FEBRUARY 13, 2020

Card issuers are fielding new technologies and utilizing next-gen identity verification technology to expose the fakers and make social media — and the wider digital domain — safe for kitten vids and funny memes again. federal government doesn’t issue a national identity card, so a number of states have taken it upon themselves.

social media 150

social media Louisiana Colorado Samsung 150

PYMNTS

APRIL 10, 2019

certification: They must, for instance, resolve issues when a payment reader’s too-powerful field strength results in damaged smartphones and cards. From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

DECEMBER 16, 2020

The industry as a whole lost $165 billion in revenue between March and July, and it is on track to lose $240 billion by 2021 — with the decline expected to continue until the pandemic abates. Mobile ordering apps are largely responsible for keeping the industry above water, but fraud still plagues the sector.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

OCTOBER 1, 2020

There is a working capital benefit a card gives that supports both the buyer and supplier. Noted Disque: “We had businesses that were doing digitized ACH and digitized card payments, but they were still printing and mailing checks separately.”. The reduction is going to last well into 2021,” Patel predicted.

Capital 193

Capital Payments Cards Groups 193

PYMNTS

DECEMBER 30, 2019

Keychain is developing an innovative data security framework targeting the financial, industrial and enterprise spaces. JCB said it will use Keychain’s platform to build out cybersecurity features and “operational integrity in next-generation payments systems,” according to the release. .

blockchain 102

blockchain Payments Security Cards 102

PYMNTS

FEBRUARY 27, 2019

billion people worldwide will carry digital IDs with embedded biometrics by 2021. Even though biometrics offer notable security advantages, they do come with risks. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. .

Security 159

Security National Wyoming Idaho 159

PYMNTS

JANUARY 26, 2021

Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic. Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

JANUARY 25, 2021

Shoppers in the United States have long turned to credit cards to let them get the products now while delaying payments until they have a chance to save up. Consumers who do not qualify for credit cards or become reluctant to use those tools may see BNPL plans as a convenient alternative method for deferring payments.

Payments 185

Payments Tools Retail Cards 185

Bobsguide

JUNE 3, 2022

The new Banca Carige smart branches operate in parallel with the traditional network and utilise greater automation and innovative digital banking capabilities enabled by Auriga’s #NextGenBranch solutions. The latter allows customers to carry out all the operations of traditional branches and to receive assistance from remote operators.

Video 78

Video Customer Experience Operations ATM 78

PYMNTS

DECEMBER 16, 2020

Clarity would also help issuers and merchants avoid the hundreds of millions of dollars in chargebacks that add to friction in commerce (and additional operating costs, of course). issuers will grow to $690 million in 2020, and to more than $800 million in 2021. The big question could be: ‘Could that put us over a billion in the U.S.

Retail 228

Retail Management Fraud Omaha 228

PYMNTS

DECEMBER 30, 2020

Only days ago, startup Spryker secured $130 million for its B2B eCommerce technology, while Mirakl landed $300 million in September, pumping the firm's valuation up to $1.5 But looking ahead, it is no longer enough for B2B sellers to merely offer card or ACH payment acceptance at the digital point of sale.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

DECEMBER 28, 2020

Solutions like commercial and virtual card products, for instance, assure buyers the ability to extend capital float while accelerating payment to vendors. In the midst of the pandemic, with cash crunches intensifying, this conflict has only proliferated throughout the supply chain.

Payments 203

Payments Fintech Innovation Cards 203

Perficient

MARCH 7, 2021

Microsoft has also announced that later this month they will be adding markdown support in adaptive cards and the details view. Operator Connect. Looking to connect your current operator to Teams without the need to worry about managing new hardware? For a deeper dive into Operator Connect, check out the official blog here. .

Meeting 508

Meeting Video Compliance Operations 508

PYMNTS

APRIL 16, 2020

The rough mindset is one where, as illustrated in commentary from Goldman Sachs’ CEO David Solomon during the conference call with analysts, a recession could stretch into 2021. Elsewhere in the statement, the firm said that net credit losses on its Citi-branded cards were $795 million, or 3.5 percent a year ago. billion, was 3.25

America 141

America Cards Conference Maine 141

PYMNTS

AUGUST 22, 2019

In a new PYMNTS interview, Ethan Teng, head of growth at payments services provider Recurly , talked about what subscription and recurring payments operations need to do to stay ahead of the game and avoid losing customers from PSD2-induced friction. Each card scheme has public specs about how they do this,” he said. SCA Developments.

Regulation 116

Regulation United States Payments Cards 116

PYMNTS

DECEMBER 26, 2019

31, 2021 might show in terms of the top trends impacting payments and commerce 365 days from now, might prove to be prescient, instructive, erroneous or even amusing. A year from now then, by December 2020, it’ll be interesting to see where we’ve been and where we thought we’d be — and what might come next.

eBook 137

eBook Payments Course Trends 137

PYMNTS

JULY 5, 2018

In Germany, security matters. Much of North America remains anchored to major-brand credit cards. Booth said 50 percent of online shoppers have abandoned a transaction because the eCommerce operator failed to offer a preferred payment option. In China, one must make sure to bring their top mobile game. percent, he said. “I

Retail 108

Retail Payments Cards United States 108

Abrigo

MARCH 4, 2022

The most common method for developing a synthetic identity scheme begins with the theft of a Social Security Number (SSN). A recent example of a bust out scheme was a nationwide operation that resulted in a Great Valley, N.Y., billion in financial institution losses in 2021. The largest ever bust out case to date? Multiplying.

Fraud 195

Fraud Cards Software Trends 195

Independent Banker

MAY 31, 2022

trillion globally by 2025, according to research agency Cybersecurity Ventures, and the Association of Certified Fraud Examiners said that 77% of anti-fraud experts reported they had seen more fraud between May and August 2021. The bank works hard to prevent attacks with many defensive layers of security. Cybercrime could cost $10.5

Community Bank 134

Community Bank Community Fraud Texas 134

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots. as of January 2019.

Payments 201

Payments Cards Operations System 201

PYMNTS

JUNE 8, 2020

The pandemic has thrown daily operations for merchants in the EU and the U.K. Even customers still shopping in stores are desiring digital payment methods such as contactless cards that allow them to pay without using cash or checks that may carry traces of the virus. The FCA announced at the end of April that U.K.

Payments 150

Payments Regulation Retail Online 150

Abrigo

JUNE 4, 2019

PBE that is NOT an SEC filer: December 15, 2020: Similarly, for institutions that have a calendar year fiscal year, the standard is effective January 1, 2021, and the new standard should be applied in financial statements and regulatory reports for the quarter ended March 31, 2021. Non-PBE: December 15, 2021.

Policies 186

Policies Capital Report FDIC 186

PYMNTS

JUNE 26, 2017

These services are not just enabling merchants to offer consumers greater convenience, but are also providing new opportunities to foster customer engagement, beef up payment security and collect data insights. laundromats, manage loyalty cards and help consumers locate a free washer or dryer unit close to them using a mobile app.

Report 150

Report Payments Meeting Tools 150

CFPB Monitor

JUNE 14, 2021

In March 2021, Illinois Governor Pritzker signed into law SB 1792 , which contains the Predatory Loan Prevention Act (the “Act”). The PRA requires pawnbrokers to be licensed by the IDFPR to lawfully operate in Illinois and sets forth the permissible terms and finance charges for pawn transactions.

Illinois 78

Illinois Regulation Report Lending 78

CFPB Monitor

NOVEMBER 10, 2020

LIBOR, which many creditors currently use as the index for calculating the interest rate on credit cards and other variable-rate consumer credit products, is expected to be discontinued sometime after 2021. In July 2020, the Federal Financial Institutions Examination Council issued a “ Joint Statement on Managing the LIBOR Transition.”

Regulation 78

Regulation FDIC New York Lending 78