PYMNTS

OCTOBER 26, 2020

BPCL has teamed with Fino Payments Bank in order to provide digitized card refills for fleet drivers in India, according to a report from The Hindu BusinessLine. Before this, truck drivers had difficulty refilling their BCPL Smartfleet cards in and around Erode. 1,800+ crore since the start of the 2020-2021 fiscal year.

Cards 184

Cards Payments Regional Management 184

PYMNTS

JANUARY 26, 2021

Nearly a year of trial-by-fire, pandemic-era learning within the payments business has not only provided some great lessons but has also set the stage for some major advances in 2021 that have been in the cards for years. To further enhance the RfP, TCH is also piloting a secure document repository for bills and invoices.

Payments 274

Payments Fraud Taxes Tools 274

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

Fraud 131

Fraud Cards Tools ATM 131

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

Security 204

Security Fintech Capital Management 204

PYMNTS

JANUARY 21, 2021

They’ve been receptive to digital issuance options where they can (digitally) get their cards on their mobile devices to begin transacting before the physical plastic ever arrives. So that way, we can customize the program specifically for the credit union based on a target demographic or based on how their members use their cards.”.

Analytics 240

Analytics Fraud Trends Mobile 240

PYMNTS

DECEMBER 30, 2020

Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Reuters quoted unnamed sources as saying the offering would occur in early 2021, valuing the company at about $30 billion. Connected-economy companies led 2020’s surprisingly successful roster of U.S.

Marketing 198

Marketing Company Online Management 198

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Meet the 2021 Cardholder.

Cards 151

Cards Mobile Groups Tools 151

Payments Source

NOVEMBER 2, 2020

In a major break from the Payment Card Industry security standards playbook, merchants and service providers using newer technologies would have the opportunity to rewrite network operation and testing procedures when achieving compliance.

Compliance 115

Compliance Security Cards Operations 115

FICO

DECEMBER 10, 2020

In 2021 I believe AI will cross the chasm, becoming a reliable and safe, mainstream business technology — but maybe not how, or for reasons why, you might expect. In 2021, organizations will stop their handwringing over AI and get down to brass tacks. COVID Is the Mother of AI Maturity. Prediction #2: AI as a Service Will Take Off.

Analytics 98

Analytics Fraud Data Software 98

PYMNTS

JANUARY 5, 2017

percent from 2017 to 2021, according to research firm Research and Markets. In a press release highlighting the launch of new research, dubbed “Global Mobile Wallet Market 2017–2021,” Research and Markets said the use of 3G and 2G mobile data and broadband around the globe is a big contributor to the growth of the mobile wallet market.

Mobile 155

Mobile Marketing Retail Strategy 155

PYMNTS

SEPTEMBER 30, 2020

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. By 2021, we’re looking already at a cost of $8.6 billion related to chargebacks and disputes for the U.S.

Cards 220

Cards Online Fraud US 220

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. And the data from January 2023 is already trending at nearly 10x increase over 2022.

Cards 98

Cards US Data Fraud 98

PYMNTS

DECEMBER 2, 2020

Visa has partnered with BlockFi to launch a credit card that offers bitcoin rewards rather than travel points or cash back, according to an announcement. The BlockFi Bitcoin Rewards Credit Card , which will be available in the spring of 2021, will give 1.5 The card carries a $200 annual fee.

Bitcoin 151

Bitcoin Cards blockchain Nevada 151

PYMNTS

JANUARY 21, 2021

Merchants, card issuers and banks are no strangers to facing off against evolving fraud threats. The pandemic has driven consumers to make the bulk of their purchases online, leading many businesses and retailers to struggle with securing their digital infrastructures and payments processes while managing floods of orders.

Fraud 148

Fraud Strategy Study Cards 148

PYMNTS

JANUARY 15, 2021

A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. As 2020 is becoming 2021, on the other hand — not so much and for good reason. How do you put the card in the hands of one’s customers faster digitally?

Cards 235

Cards Payments Mobile Data 235

PYMNTS

FEBRUARY 22, 2017

British Gas parent company Centrica has chosen its own provider of fleet card services. 21) said Centrica will use fleet card solutions provided by Barclaycard Fuel+ and TMC, which include mileage auditing and fleet management services. percent CAGR through 2021. Reports Tuesday (Feb. The industry is also expected to see a $27.9

Cards 100

Cards Tools Management Security 100

PYMNTS

OCTOBER 12, 2020

And online shopping and digital fraud are increasing simultaneously, but merchants can take steps to ensure that debit-based card-not-present (CNP) transactions are kept safe. Data: $5.5M : Amount of funding recently secured by social impact commerce platform ShoppingGives. All this, Today in Data. 92%: Portion of U.S.

Retail 146

Retail Innovation Technology Security 146

PopularBank

OCTOBER 4, 2022

An unauthorized debit card transaction can be an early signal that you’re the victim of debit card fraud. In 2021, The Federal Trade Commission reported nearly 69,000 cases of consumer-reported debit card fraud in the U.S. You should ignore anyone calling you or mailing you to “verify” your missing debit card information.

Cards 52

Cards Management Fraud US 52

PYMNTS

SEPTEMBER 29, 2020

Global chargeback volume, the study showed, will reach 615 million by 2021, largely coming from customers frustrated and disputing transactions, the release said. Johan Gerber , executive vice president of cyber and security products at Mastercard, said the greater digital dependency of the coronavirus era made this new development necessary.

Online 243

Online Guidelines Study Fraud 243

PYMNTS

MAY 31, 2018

In a press release , the payment company said Hunt’s role will increase Mastercard security capabilities for its credit cardholders, customers, merchant and other stakeholders. According to Mastercard , cybercrime is forecasted to double over the next five years reaching $6 trillion by 2021.

Security 123

Security Fraud Industry Technology 123

PYMNTS

DECEMBER 18, 2020

Most customers bypass restaurants entirely when trying to perpetrate chargeback fraud , with 76 percent of cardholders going directly to their payment card issuers. Lessons For 2021 And Beyond. This gives QSRs no chance to weigh in on customers’ assertions and dispute any illegitimate claims.

Fraud 229

Fraud Trends Security social media 229

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

BankBazaar

FEBRUARY 22, 2022

But fret not – the right fuel Credit Card can save the day (and some money)! Fuel Credit Cards. In recent times, having a fuel Credit Card has gained massive popularity owing to its huge savings on fuel transactions through cashbacks, free fuel, accelerated reward points, etc. IndianOil Citi Credit Card. Spend Value.

Cards 78

Cards Online Samsung Retail 78

PYMNTS

JANUARY 20, 2021

"We need to continue to think about how to engage our partners within today’s reality and how to help those partners serve their customers in new ways," he says in " A Look Forward: What Executives Wish for America and the World in 2021. "We Additionally, new and reissued cards are being delivered with contactless technology.

Payments 178

Payments Innovation Tools Cards 178

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” Malini Mithal testified that the FTC received over 200,000 reports of military fraud in 2021, totaling over $267 million in losses.

Fraud 78

Fraud National Security social media 78

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. percent) of a tax refund for the 2021 tax season. So, we recommend putting the tax refund for tax year 2020 toward increased financial security. Study: What Do People Want From a Credit Card?

Taxes 52

Taxes Survey Study United States 52

PYMNTS

DECEMBER 3, 2020

And with that certainty come some hints on how to navigate that landscape during the holiday season and into 2021. COVID-19 has driven people to be a bit more cautious with their spend, and we saw that credit card spend was way down pretty much for most of the year,” he said. “I Are you able to offer zero fraud liability on debit?”.

Cards 210

Cards Online Trends Survey 210

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. Fraud & Security. Again, we would like to thank the 2021 judges for their help in identifying the best nominations. Our 2021 Industry Judges. Read the full Grupo Monge story here.

Analytics 52

Analytics Fraud Management America 52

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

Qudos Bank

JANUARY 7, 2021

In fact, the start of 2021 is a great opportunity to change your money habits, set financial goals and make workable plans to achieve them. Here are a few ideas to get you started and make 2021 your best money year yet. . For some, money is all about having security no matter what happens. Published January 2021.

US 40

US Security Examples Cards 40

PYMNTS

NOVEMBER 30, 2020

The release stated the partnership will let companies pay costs via a credit card, while accessing on-demand liquidity alongside cost management tools. Nets will provide the full-scale solution and offer a corporate credit and debit solution using digital services, enterprise card management and security tools, the release stated.

Payments 219

Payments Tools Cards Management 219

CFPB Monitor

JULY 2, 2021

Phil Yannella, Ballard Spahr litigation partner and Practice Leader of Ballard’s Privacy & Data Security Group, recently authored a treatise on data breach and privacy litigation. Ballard Privacy & Data Security Partners Kim Phan and Greg Szewczyk are contributing authors. Despite renewed focus by the U.S.

Data 148

Data Illinois Security California 148

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. Nominations are due December 4, 2020, and winners will be announced January 22, 2021.

Meeting 52

Meeting Analytics Big Data Management 52

PYMNTS

JANUARY 27, 2021

Even consumers who are feeling more financially secure may want to tap new tools to help them maintain their good financial standings and stay in control of their budgets. Looking Beyond Credit Cards. This financing option could appeal to even financially secure consumers who wish to avoid credit card interest rates.

Tools 131

Tools Payments Millennials Survey 131

PYMNTS

SEPTEMBER 27, 2020

With the more flexible nature of a BNPL payment, users might feel more secure in spending their money, even if they are being cautious due to the volatile economy. customers in a recent study saying they’d used BNPL to buy things, and 56 percent chose such plans to defer costs without gaining interest if they were using a credit card.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

SEPTEMBER 21, 2020

Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation. The transaction should reportedly close in Q1 2021 once regulatory approvals and other conditions are satisfied. Cape Debuts 'Recession Fighting' Credit Card. Plus, Nacha has announced the introduction of cybersecurity and voice payment resources.

Resources 223

Resources Capital Fintech Cards 223

PYMNTS

JUNE 20, 2017

As the popularity of online shopping continues to rise, it comes as no surprise that there has also been an uptick in card-not-present purchases. Worldwide, eCommerce card payments generated $2.7 “The improving convenience and security of the eCommerce channel are key drivers of this growth.” In 2006, 6.7

Online 131

Online Cards Study Mobile 131