PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash.

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Maine ATM Innovation Millennials 130

PYMNTS

JANUARY 19, 2021

Fraudsters have unfortunately also carefully followed this payment trend, with skimming, prepaid card and ATM fraud all seeing upticks recently — especially in regard to debit transactions. Another study indicated that debit-related fraud is on the rise across the U.S. Around The Next-Gen Debit World. The report noted that U.S.

Fraud 155

Fraud Tools Mobile North Carolina 155

NCR

APRIL 26, 2017

Developments in technology and business practices have helped banks to protect their ATMs more effectively than ever before. The ATM Industry Association’s (ATMIA) 2016 annual fraud survey found that the proportion of respondents revealing a general increase in ATM crime dropped to 42 percent , from 51 percent in 2015.

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ATM Security Fraud Cards 81

Abrigo

DECEMBER 10, 2019

Elder financial exploitation and elder fraud are rising at an alarming rate as they continue to be serious crimes in the United States. An increase in financial crime and fraud against the elderly is expected to continue to climb as the baby boom population (those born before 1964) age. The under-reported and growing crime.

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Fraud Study United States Training 284

PYMNTS

JUNE 13, 2017

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience.

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Samsung ATM Austin Security 119

PYMNTS

JANUARY 28, 2020

In the January Credit Union Tracker , PYMNTS explores the latest in the world of CUs, including a retrospective look at the CU industry in the 2010s, an examination of hybrid cloud technology and a new synthetic identity security threat that could steal hundreds of thousands of dollars. Around The Credit Union World. billion in 2009 to $1.54

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Innovation St. Louis Fraud United States 155

FICO

NOVEMBER 26, 2019

With new scams on the increase, FICO’s fraud experts have added new tips for staying safe and avoiding fraud, taking the total to 16. Take Care at ATMs. If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash. Never approach an ATM if anyone is lingering nearby.

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Fraud ATM Cards Online 59

Insights on Business

NOVEMBER 22, 2017

The changes we see in the global payments landscape, driven by innovative technologies, are fundamentally changing the industry, but they come with a brand new set of challenges. On the other hand, technology capabilities are supporting increasingly complex, sophisticated and global fraud and cybercrime patterns. bn ($5.3Bn).

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Fraud Payments Innovation Industry 125

PYMNTS

MARCH 1, 2017

Creating innovation that’s both meaningful and lasting requires more than just coming up with a great idea. PYMNTS: How would you define your company’s approach to innovation? TC: Traditionally, we’ve relied on our partners and client advisory committees to help direct our innovation, which in a way made us a fast follower.

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PYMNTS

MARCH 3, 2020

Digital-first transformations can improve personalization and operating efficiencies, but they also bring challenges, including adoption-related costs and new avenues for fraud. Other digital-first banks are leaning heavily on ATMs to reduce their overall footprints. Digital-First Banking’s Advantages. million.

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ATM Fraud Study Regional 151

NCR

FEBRUARY 17, 2017

That includes growth areas like mobile banking, of course, but also covers traditional cornerstones of retail banking like the ATM. Why the ATM is key to omnichannel. According to Retail Banking Research , the number of ATMs worldwide rose by five percent to 3.2 million in 2015. Image: iStock/Piranka.

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ATM Mobile Strategy Fraud 85

PYMNTS

DECEMBER 20, 2016

Once the purview of soda machines and candy dispensers, the unattended environment now includes everything from non-bank ATMs to parking kiosks to coffee machines to fancy vending machines that dispense electronics and even cars. Here are the three data points they dug into. Data Point Number One: 61 percent.

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Security Retail Payments Data 100

PYMNTS

JANUARY 22, 2020

The company determined that its sophisticated chip engineering, embedded within cards, would best combat fraud and stolen data. Consumer fraud is a consistently challenging crime with evolving threats of all kinds, and biometric security measures are just one way that companies are responding.

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Cards Fraud Payments ATM 131

PYMNTS

DECEMBER 26, 2019

One can almost feel it in the bones: the excitement to come in the world of payments in 2020, as innovation sparks new business models and disruption. The heart of the embrace and appeal of open-source technology is the need for speed, and to evolve use cases for end users (consumers and enterprises) in a more robust and secure fashion.

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Software Payments ATM Course 132

PYMNTS

JANUARY 22, 2021

Were it not for a flurry of digital transformation all through 2020 the frightful fraud scene might’ve been worse. retailers have online system vulnerabilities that could leave them open to fraud. retailers have online system vulnerabilities that could leave them open to fraud. Sensible Debit Needs To Be More Secure .

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Fraud Study Cards Security 130

Abrigo

APRIL 2, 2020

Key Takeaways Elderly persons are more susceptible to fraud during crises like the coronavirus pandemic. As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue throughout this difficult period.

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Fraud Resources Software Training 335

PYMNTS

NOVEMBER 15, 2019

S urvey found that banking customers are increasingly placing a higher value on convenience, personal data security and appealing products. It has thus become imperative for banks to have the most recent technological innovations. ATMs Get Smarter. ATMs are another key facet of the digital-first banking experience.

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PYMNTS

JANUARY 20, 2017

And that, John Buzzard, fraud executive expert of CO-OP Financial Services told PYMNTS, means that the financial services industry must continue to deal with the challenges and security risks associated with magstripe payments as well. New year, new payments technology, same old mag stripes. The Machine-Learning Hype.

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Fraud Cards Security Tools 100

PYMNTS

JULY 29, 2019

These FIs are increasingly relying on AI and automation not only to secure platforms and streamline their back-office operations, but also to improve their customer-facing services. The following Deep Dive explores AI’s fraud-fighting uses and how the technology can offer more personalized services. million customer queries each month.

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Digital Banking Fraud ATM Mobile 181

PYMNTS

APRIL 11, 2017

Through a new partnership, FIS Mobile and Cardtronics are addressing one of the most vulnerable touch points when it comes to accessing cash — non-bank ATMs. Doug Brown, SVP and group executive for FIS Mobile , announced exclusively to PYMNTS that it will expand its cardless cash ecosystem to now include Cardtronics non-bank ATMs. “We

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ATM Mobile Innovation Security 103

PYMNTS

OCTOBER 9, 2019

7, and it’s in tandem with Mastercard and the digital security company Gemalto. If a customer is at an ATM, then a PIN will still need to be entered. The card has been successful so far and the bank wants to “ test the technology further with credit cards,” according to Georgina Bulkeley, NatWest’s director of strategy and innovation.

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Cards ATM Security Innovation 132

PYMNTS

JANUARY 30, 2020

FICO’s Take on Debit Security. As fraud evolves, old forms of cybersecurity are not enough to keep up criminals’ increasingly innovative attacks. In the inaugural Next-Gen Debit Tracker, FICO VP Doug Clare discusses how FIs must examine the behavioral patterns of all parties engaged in the transactions — even the ATMs.

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social media Payments ATM Fraud 141

PYMNTS

OCTOBER 18, 2019

Pay by Bank app offers a best-in-class digital payment solution that optimizes user experience while making transactions more secure and reducing fraud,” said Suren Nawalkar, senior vice president of consumer applications at Mastercard. PbBa is designed to work with the security of a consumer’s own bank.

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Retail User Experience ATM Security 116

PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

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Cards Online Fraud social media 192

Banking 2020

AUGUST 27, 2015

ATM skimming remains a big business for organized crime rings. 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. But that is just one issue with QR codes.

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ATM User Experience Fraud UX 40

PYMNTS

OCTOBER 30, 2018

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Good UX vs. Security. They don’t necessarily have a [deep] security background. They might want to innovate, but take shortcuts on security.”

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Mobile UX Security Fintech 184

FICO

FEBRUARY 16, 2023

While this alone should give pause, when combined with the fact that there were an average of 185 cards compromised per skimming event, banks and consumer should all be wary when using any ATM, point of sale terminal, or other location where a card skimmer could be potentially located.

Cards 98

Cards US Data Fraud 98

Abrigo

SEPTEMBER 11, 2023

While leaders must learn and stay informed about innovations, it’s helpful to remember in the process that they often result in life-changing improvements for our businesses and our consumers. Take the financial services industry as an example. Let us step back in time and look at the last 50 years.

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Risk Management Data Technology Fintech 195

NCR

DECEMBER 27, 2017

It has certainly been an interesting year, with highlights including the 50 th anniversary of the ATM, brand new real-time payment systems being introduced and ongoing preparation for a regulatory shift that could transform the industry as we know it. 50 years of the ATM. The humble ATM celebrated its 50 th birthday in June 2017.

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ATM Fraud Industry Security 76

PYMNTS

MAY 25, 2016

By later this summer, Wells Fargo customers will have the ability to make mobile payments with their eligible Wells Fargo debit and credit cards via the Wells Fargo mobile app at NFC-enabled payment terminals and Wells Fargo ATMs. Continuous innovation enables Wells Fargo to save customers time and money, reduce fraud and drive loyalty.

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Mobile Innovation Fraud ATM 101

PYMNTS

NOVEMBER 14, 2019

PYMNTS recently spoke with Bradley about how Regions Bank is transforming its 1,456 branch locations and the array of technologies it is leveraging to accomplish its innovative goals. From ATMs to VTMs. Another key facet in Regions Bank’s digital transformation is its ATMs. A ROSIE future.

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Regional ATM Alabama Video 111

Gonzobanker

JUNE 7, 2023

At first glance, the account resembles plenty of others – free ATM access at thousands of locations, no monthly fees and no minimum account balances. Yes, Chime offers advancements on Social Security payments, but make no mistake: The popular neobank’s target audience is young adults. Early Social Security payments.

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Los Angeles Fintech Digital Banking Tools 133

PYMNTS

NOVEMBER 2, 2020

Banks and corporates can use it to help reduce the risk of ATM security breaches, money laundering and fraud. The solutions will aim to bring omnichannel buying experiences to boost revenue and profit potential, the release says, especially as digital commerce continues to accelerate in use and innovation.

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Tools Management America ATM 148

NCR

JANUARY 23, 2017

Human action remains the largest threat to bank security. Encouragingly, the development of cutting-edge technologies like geolocation and biometric authentication could provide increasingly powerful weapons in the fight against fraud over the coming years. The weakest link in mobile banking security?

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Security How To Fraud Mobile 40

Accenture

OCTOBER 9, 2017

They may endure for many more years, but as an innovation of the 1960s, they are inefficient, expensive and fraud-prone, unsuited to the atomized payments landscape. Instead, new business models will emerge, based on the security, resilience and reach of transactions. The implications are far-reaching.

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Payments social media Industry Cards 152

NCR

AUGUST 10, 2017

This tech-driven transformation of the payments and retail sectors is set to continue, so what impact could the most cutting-edge innovations have in the years to come? But first, they must gain consumer trust and demonstrate that these innovations can be delivered with maximum security and no disruption to the overall customer experience.

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Industry Retail Innovation Payments 75

PYMNTS

JUNE 18, 2018

So are mobile and fraud alerts. financial institutions have rolled out some version of card-free cash” — that is, enabling customers to use mobile phones to make ATM withdrawals, which can prevent the delays and frustrations that come from lost or compromised debit cards. Data collection is vital.

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Fraud Cards Mobile ATM 110