PYMNTS

SEPTEMBER 17, 2018

But sometimes, innovators get the process backwards, and find they have a great solution, but not a problem to go with it. as consumers struggle to find a reason to use them, as online and omnichannel purchases are growing worldwide. 14 percent: Share of global retail sales expected to be powered by online payments by 2021. .

Innovation 133

Innovation Data cryptocurrency Google 133

PYMNTS

JANUARY 21, 2021

We can provide them these services regardless of the channel that the member wants to interact with,” across brick-and-mortar, online or contactless payments, she added. On the pivot to contactless payments, she said, consumers in the midst of a public health crisis are still unsure about touching terminals.

Analytics 240

Analytics Fraud Trends Mobile 240

PYMNTS

JANUARY 8, 2021

"As digital migration accelerates, managing authentication and online fraud while optimizing the consumer's experience has become one of our customers' top challenges,” Equifax CEO Mark W. The deal, which is anticipated to close in Q1 of 2021, is subject to “customary closing conditions and regulatory review,” the announcement stated.

Idaho 295

Idaho Fraud United States Customer Experience 295

PYMNTS

JANUARY 18, 2021

The 2013 holiday season then began to show signs of the shift to online and digital, and away from brick-and-mortar retail. But those same shoppers didn’t shift their spend to those stores online. A far less desirable option for consumers is to pick up items ordered online in the store. The gap between the department store’s 3.3

Retail 309

Retail Online Maine Branding 309

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 We need to be ever mindful of constituents facing different struggles or seeking new opportunities.

Payments 178

Payments Innovation Tools Cards 178

PYMNTS

SEPTEMBER 30, 2020

But Johan Gerber , Mastercard ’s executive vice president of security and cyber innovation, told Karen Webster in a recent conversation that too often consumers are dealing with merchants they did shop with, but whose names showed up funny on credit card statements and weren’t immediately recognizable.

Cards 220

Cards Online Fraud US 220

PYMNTS

DECEMBER 14, 2020

POWDR chose to partner with Square because they help elevate the guest experience from enabling fast, secure, contactless payments to integrated online-ordering solutions,” Justin Sibley , co-president of POWDR, said in the release. She said that many retailers are continuing to innovate, with some posting QR codes in shop windows.

Vermont 257

Vermont Nevada Oregon Utah 257

PYMNTS

FEBRUARY 4, 2020

GDPR and PSD2 have significantly shifted how EU banks and businesses exchange online funds and consumer data. These questions and concerns caused certain European markets to temper their financial and privacy innovations, which could hamper Open Banking’s worldwide growth. SCA Questions Stall Innovation. France, the U.K.

Fraud 144

Fraud Regulation Compliance Innovation 144

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. This year the 12 winners have demonstrated extraordinary innovation in very different industries and markets. . Decision Management Innovation. Fraud & Security.

Analytics 52

Analytics Fraud Management America 52

PYMNTS

DECEMBER 29, 2020

Many CUs struggled to achieve such quick pivots, but those that had already invested in the necessary technologies and security infrastructures were able to make the shift. The CU tapped its security and technology divisions to receive the guidance and equipment to make this a reality. “We Digital Banking's Rise In The CU Space.

Capital 190

Capital Operations Mobile Innovation 190

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. CU members who reported shopping online at least several times a week increased by nearly 50 percent since the pandemic began last spring. Around The Credit Union Landscape .

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

DECEMBER 30, 2020

Whether through the use of online marketplaces or proprietary supplier portals, B2B sellers embraced the opportunity to connect with business customers online, while buyers reciprocated by sourcing, procuring and paying for goods the way they do in their personal lives. Embedded Finance.

Online 302

Online Meeting Payments Fintech 302

PYMNTS

OCTOBER 1, 2020

23), it is offering foundational digital guidelines to help several partners – including payment processors FIS, CoreCard, i2c, TSYS (owned by Global Payments) and others – to access card data in a speedy, secure manner. The plastic cards, she noted, do not display the six-digit PAN, CVC2 or expiration dates (which boosts security, too).

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

MARCH 6, 2020

Tools that can fill specific business needs and features beyond more than just real-time speeds are beginning to grow more important, propelling development and innovation in this area. The aim of creating this system was both to provide more speed and security to the country’s merchants. Designing Real-Time Payment Rails for Ubiquity.

Payments 304

Payments New York Metro New York City 304

PYMNTS

AUGUST 14, 2020

While the migration of sales workflows from in-store to online hasn’t historically relied on guidance or input from the treasury department for a successful shift, in today’s demanding market, treasurers are in a position to play a far more strategic role in guiding their organizations as they manage new and changing payment flows.

Strategy 295

Strategy Online Payments Management 295

PYMNTS

JANUARY 21, 2021

Globe Telecom’s financial technology division, Globe Fintech Innovations of the Philippines, notched $175 million in additional venture funding in January. The Chinese online commerce services upstart WeTrade Group is aiming to raise approximately $121 million in its transfer from the OTC board to Nasdaq per an S-1 filed with U.S.

Policies 149

Policies Payments Groups Bitcoin 149

PYMNTS

JUNE 13, 2019

But there’s a big problem in this realm — a shortage of cybersecurity experts, the people with the training and expertise to defend retail and payments from increasingly sophisticated online criminals. million cybersecurity jobs will need to be filled by 2021. According to Kaplan, some 3.5 Think about your home,” Kaplan told PYMNTS.

Training 215

Training Online Maine Security 215

PYMNTS

JANUARY 22, 2021

PYMNTS January 2021 Next-Gen Debit Tracker® done in collaboration with PULSE , A Discover Company, notes, “Banks, government agencies and retailers have scrambled to adjust to consumers’ digital spending and payment shifts during the pandemic, but doing so swiftly has presented security challenges.

Fraud 130

Fraud Study Cards Security 130

Abrigo

JANUARY 4, 2023

Of that group of users, the Federal Trade Commission (FTC) reports that since the beginning of 2021 through the first quarter of 2022, more than 46,000 people have reported losing over $1 billion in crypto scams. Consumers are accustomed to upgrades as part of innovative technology.

social media 195

social media Fraud cryptocurrency Trends 195

PYMNTS

OCTOBER 14, 2019

As the digital economy grows, you can bet that crowdsourcing will become an even bigger part of innovation and disruption, along with hiring and investment — all of which will serve to help build only new companies but vital digital infrastructure. One big recent example in favor of such points comes from Goldman Sachs. Hiring Needs.

Training 187

Training United States Innovation California 187

PYMNTS

NOVEMBER 1, 2019

Merchants and disbursements providers need to innovate quickly to stand up against their competitors, many of which are smaller FinTechs or startups that can capitalize on the host of customers that near-exclusively transact and receive money through digital and mobile devices. Instant Loans And The Speed And Security Balancing Act.

Lending 112

Lending Trends Payments Mobile 112

PYMNTS

MARCH 21, 2019

eBay says it expects to manage the majority of payments on its platform by 2021. Google Pay provides users with a fast, simple and secure way to pay online,” said Alyssa Cutright, vice president of global payments, billing and risk at eBay.

Google 194

Google Apple Payments Security 194

Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Since the pandemic started, Crowe says, more customers are opening online or mobile accounts and making remote payments. Online U.S. By Elizabeth Judd. The best defenses against fraud.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

JANUARY 20, 2021

Generally speaking, that data sharing paves the way for a streamlined banking experience, especially over online and mobile conduits, via regulated providers. And though the initiative may have had ground zero in the U.K., Dan Weaver, open banking expert at Equifax U.K.,

Data 188

Data Innovation Fintech Regulation 188

Abrigo

MARCH 11, 2022

Thanks to an increase in mobile payments precipitated by the pandemic and rising security concerns due to the Russian conflict in Ukraine, the world of financial fraud prevention is more dynamic than ever. Recently, the Secure and Fair Enforcement Banking Act of 2021 (SAFE Act) passed the house for the third time.

Regulation 195

Regulation cryptocurrency Policies Management 195

PYMNTS

DECEMBER 30, 2016

Mastercard recently released that Brazil and Mexico are the two largest online retail markets in the region, creating more than half of the total sales. Smartphone penetration in Latin America was about 32 percent in 2014 and is expected to grow to nearly 70 percent by 2020. We find ourselves before a milestone in payments’ evolution.

America 113

America Regional Mobile Security 113

Abrigo

OCTOBER 4, 2022

Takeaway 3 Innovation and continued digital transformation are necessary to pull ahead of your competition and take full advantage of rising rates. In October 2021, I wrote about how the management of banks and credit unions could position institutions for growth as they waited for the Fed to begin hiking interest rates. 5 rate hikes.

Strategy 195

Strategy eBook Security Management 195

PYMNTS

DECEMBER 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. In addition to new payment models coming to fruition, B2B FinTech innovation is also driving efficiencies in the post-payment workflow, especially when it comes to reconciliation.

Payments 203

Payments Fintech Innovation Cards 203

PYMNTS

DECEMBER 26, 2019

Shorten the timeframe a bit, and it gets (just a bit) easier to see what may be rushing toward us – or what we may be rushing toward — in terms of innovation in-store, online and across all manner of channels. In fact, a time capsule sealed today, with a prediction of what Dec.

eBook 137

eBook Payments Course Trends 137

PYMNTS

JULY 21, 2019

Companies that do not comply would be fined anywhere from 50,000 to 200,000 rubles ($790-3,170) starting in January 2021. And in the process, they have hurt small businesses and stifled innovation.”. And just last week a draft bill to limit “ Big Tech ’s” entry into finance and crypto was leaked online from the U.S.

Software 122

Software National Innovation System 122

PYMNTS

AUGUST 16, 2019

He bought his album online, The next day, the following headline ran in The New York Times — Attention Shoppers: The Internet Is Open. . In 2018 alone, global online retail sales came out at $2.8 trillion by 2021. In 2018 alone, global online retail sales came out at $2.8 trillion by 2021.

Online 161

Online Innovation Cards New York 161

FICO

FEBRUARY 9, 2021

The winner of the 2021 FICO Decisions Award for Customer Onboarding & Management used FICO® Origination Manager to create a self-serve online ‘instant mortgage’ service. OCBC has a reputation for innovation,” said Dinesh Suresh, head of digital strategy, consumer secured lending at OCBC Bank. by Nikhil Behl.

Digital Strategies 52

Digital Strategies Management Innovation Data 52

PYMNTS

JUNE 8, 2020

Retailers have had to swiftly adapt to markets where online transactions have ballooned exponentially. SCA is one of a number of important tools used by the [financial] industry to protect customers, helping them to keep safe when they shop online,” UK Finance said. financial and payment services UK Finance.

Payments 150

Payments Regulation Retail Online 150

Cisco

AUGUST 9, 2022

This framework is especially relevant given the recent FFIEC Architecture and Operations update and the Executive Order on Cybersecurity from 2021. Online Mobile Products and Technology Services. Derivative Impacts on Infrastructure and Security Teams. Delivery Channels. Organizational Characteristics. External Threats.

Tools 114

Tools Leadership Handbook Security 114

PYMNTS

MAY 24, 2019

million consumers by 2021, sharing economy platforms can’t just meet customers’ needs – they also have to anticipate them. Even though more companies are turning to AI and automation for faster transactions and stronger data security, many are finding that humans still have a critical role in customer service.

Online 130

Online Millennials Payments Customer Experience 130

Independent Banker

JULY 31, 2022

While the $55 million-asset community bank has one brick-and-mortar branch in Fort Lauderdale, Locality Bank will serve customers primarily through its online and mobile applications. In partnership with Nymbus, the bank’s custom digital platform is built on a secure cloud-native core banking system with an open API architecture.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

JANUARY 10, 2020

There will be approximately 25 billion Intelligence of Things (IoT)-enabled devices in use by the end of 2021, and many of these devices will find their way into industries like city planning and transportation. The glasses are also connected to consumers’ online accounts so they can receive notifications and other alerts through the lenses.

Technology 132

Technology Fraud Trends Tools 132