PYMNTS

OCTOBER 2, 2018

Squeezed out of tried-and-true methods of card fraud (thanks in no small part to EMV), the fraudsters are eyeing how to interfere with the money that firms legitimately send in the course of normal, daily business life. Among the more prevalent criminal methods focused on business, according to Divitt: new relationship fraud.

Fraud 149

Fraud Course System Big Data 149

PYMNTS

MARCH 20, 2020

It takes effort to balance seamless-but-fraud-free user experiences. Main Street USA Was Healthy In February, But Coronavirus Is The Wild Card. Apple/Disney: Is Apple About To Make The Happiest Acquisition On Earth? Stopping Fraudsters From Taking The Travel Industry For An $11B Ride.

Technology 181

Technology Apple New York City social media 181

PYMNTS

AUGUST 10, 2017

In the early days, adopters of the new technology mostly used it to check card spend at the end of the week or month. Bank officials touted the innovation as a form of insurance against fraud, and so far, it seems to be just that. At the same time, Santander had also moved beyond simple card spend checks. Santander U.K.

Security 156

Security Technology Fraud User Experience 156

PYMNTS

OCTOBER 26, 2016

But while merchants have now had more than a year to adjust to the new technology, retailers still lag behind when it comes to chip card adoption, causing frustration and confusion for consumers, even with chip-based cards decreasing counterfeit fraud by 60 percent, according to Mastercard. ” Biometrics coming on big.

Security 100

Security Mobile Las Vegas User Experience 100

Banking 2020

AUGUST 27, 2015

According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. One new approach that banks are exploring to mitigate this particular vector of fraud is the notion of using smartphones as a second factor of authentication since most people always have their phone with them.

ATM 40

ATM User Experience Fraud UX 40

MyBankTracker

FEBRUARY 23, 2021

This Chime Spending Account review offers a closer look at the features, fees, and overall user experience you can expect when you move your money here. The spending account is a deposit account that comes with: Visa debit card access. Apple Pay, Google Pay and Samsung Pay support. Secure your card instantly.

ATM 52

ATM Cards Mobile Online 52

Fintech Labs Insights

SEPTEMBER 15, 2015

The number of payment methods is drastically increasing – from debit and credit cards to Apple Pay, Google Wallet, PayPal, and Bitcoin. But fraud is also increasing at alarming rates. A recent study from LexisNexis Risk Solutions reports that while 14% of overall transactions are mobile, they make up 21% of fraud cases.

User Experience 12

User Experience Fraud Bitcoin Customer Experience 12

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. They are introducing CrossCore – First smart plug in play fraud and identity platform. 20% of customer interactions are assisted.

Mobile 40

Mobile Cards Fraud Data 40

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Demoing first with apple watch. Is this the first time we have seen an apple watch as apart of a demo today? Chip card reader for when customers are shopping online to improve security. Plus the 1% rewards. Virtual reality?

Video 40

Video Mobile social media Analytics 40

Fintech Labs Insights

JANUARY 8, 2016

April: Launches Watch Bank for banking transactions on the Apple Watch. March: Wins the Anti-Fraud/Security category at the FinTech Innovation Awards. May: Wins “Top Innovation, Best User Experience” in Citi Mobile Challenge. December: Ciright One Purchases Stratos Card. April: Stratos Card begins shipping.

Innovation 12

Innovation Mobile Fintech Cards 12

PYMNTS

JANUARY 2, 2017

He pointed out that the interest of big companies was driven by a desire from their customers for new security methods and that biometric technology offers businesses the chance to have a strong customer authentication process without sacrificing the user experience. “In In short, biometrics are here to stay,” McDowell told PYMNTS.

Retail 123

Retail Millennials blockchain Mobile 123

PYMNTS

DECEMBER 10, 2020

As he sees it, trying to compete against the likes of Google and Apple to build a rival mobile wallet, app or payments platform “is probably a fool’s errand.” The user experiences [with FinTechs and challenger banks] are better. On the other hand, what they’re very good at is compliance.”. This is not science fiction,” he said.

Compliance 262

Compliance Innovation Apple Fintech 262

PYMNTS

JUNE 4, 2020

Vaduvur Bharghavan , president and CEO of card services platform OnDot , recently talked with Karen Webster about what financial services will look like in the post-pandemic world — and why things will be very different than what came before. That messaging also includes a pitch for apps as a way to better manage a card.”.

Mobile 141

Mobile UX Cards Payments 141

PYMNTS

DECEMBER 5, 2016

The driver of this shift is the mobile device and the competition is the mobile app with the best user experience regardless of whose name is on the app and the depth and breadth of products they offer. If your plastic card wasn’t everywhere that a consumer wanted you to be in a store, you were more or less nowhere.

Retail 100

Retail Payments Mobile Innovation 100

CB Insights

OCTOBER 31, 2017

The Pivot : We came up with a fresh take on the plethora of AR-style apps that create visual effects based on face detection and tracking… [Poor user experience] had a big impact on our retention metrics. Background: Pearl was founded in 2014 by three ex-Apple iPod engineers, and hired dozens of other ex-Apple employees.

Company 78

Company US San Francisco Capital 78