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Slow EMV Conversion Invites Fraudsters to Self-Serve at Gas Stations

FICO

With an October 1, 2020 deadline to have EMV chip card readers installed on the nation’s 1 million fuel dispensing pumps, the number that remain to be converted could be as high as 75%, industry experts say. Nevada, Florida and Michigan have the highest unattended gas fraud rates, while the lowest are in New Hampshire, Alaska and Maine. .

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Taking A Data-Driven Approach To Meeting CU Members’ Banking Needs

PYMNTS

CUs that are adapting to an online-only banking reality thus also have to keep an eye out for more fraud schemes and are turning to technologies such as machine learning (ML) and data analytics to keep online data and transactions as secure as possible. Deep Dive: Emerging CU Fraud Threats And How Data Analytics Can Help.

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The Upside Of Hurricommerce

PYMNTS

But, studies done over the last 10 -20 years have found that earthquakes in California and Alaska helped spur economic activity there, and that countries with more hurricanes and storms tend to see higher rates of growth. On Good Friday 1964 Alaska suffered the worst Earthquake in U.S. The rest, as they say, is history.

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Airports Expand Range Of Digital Identity Technology

PYMNTS

Alaska Airlines sold entire three-seat rows for the price of a single seat during a 48-hour sale in August and September. Now you think about adding hotels, now you think about rideshare… You are your credit card when you enroll.”. That is the power of a platform. Or into a retailer, doctors office or stadium.

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Why 9 In 10 Merchants Put Subscription Product Details On A Pedestal

PYMNTS

These are some of the ways that merchants such as American Eagle Outfitters and technology companies such as Apple have implemented subscription features to drive conversions and provide clarity to potential subscribers: More than nine in 10 merchants — or 92.4 percent — had implemented product details in the fourth quarter.

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Data Dive: And The Winner Is Edition — SMBs Worldwide, DoorDash And Gun Regulation

PYMNTS

DoorDash’s technology advantages, exceptional management team and relentless merchant focus are reflected in their stunning growth and impressive unit economics,” Housenbold said in an announcement. Symantec, Teladoc, SimpliSafe and Starkey Hearing Technologies have also announced they have severed ties with the NRA.

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Bank to the Future

Fintech Labs Insights

Text messaging (especially with speech-to-text), Google Maps, Yelp, Uber, Expedia, Alaska Airlines, Siri and more. And tokenization masks your card numbers from dishonest or careless shopkeepers. I just returned from 10 enjoyable days with family and friends in three U.S. cities (1). But one area that still lags is personal finance.

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