PYMNTS

NOVEMBER 8, 2017

Pundits prophesy a cashless society — and indeed, vast swaths of consumers are migrating to digital and mobile channels for many of their banking needs, as shown by a decline in the number of brick-and-mortar retail bank branches. Since smartphones haven’t learned how to print paper money, people still must turn to ATMs for that.

ATM 126

ATM Strategy Mobile Millennials 126

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. Companies that didn’t have online shopping channels couldn’t sell their products, while eateries that didn’t provide online ordering for delivery or pickup couldn’t serve their diners. Innovating The ATM Beyond Cash.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

DECEMBER 31, 2020

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. 3D Secure 2.0 The Face of Fraud. Not all CP purchases are equally safe, however.

Fraud 273

Fraud Strategy Security Cards 273

PYMNTS

OCTOBER 18, 2019

Mastercard is collaborating with four eCommerce retailers — WHSmith.co.uk, Funky Pigeon, Cult Pens and The Card Gallery — to offer the Pay by Bank app to online shoppers, Mastercard announced in a press release on Friday (Oct. PbBa is designed to work with the security of a consumer’s own bank.

Retail 116

Retail User Experience ATM Security 116

PYMNTS

MARCH 22, 2019

In such scenarios, the convenience offered by eCommerce sites falls short while on-the-ground retail wins the day. Additionally, the online conveniences offered by digitally native brands may not translate as well to storefront expansions. Such sections could look similar to online retail giant Amazon’s Amazon Go locations, he said.

Retail 116

Retail Branding System Data 116

PYMNTS

MARCH 22, 2016

The consumer transaction technology provider said its payment service, which has supported multi-host online/offline payment processing within the retail industry since 1999, offers secure, site-based payment processing and is deployed by both large and small operators. merchant companies who are also clients.

Data 100

Data Security Payments ATM 100

ATM Marketplace

MARCH 1, 2017

Forrester conducted an online global survey of 220 business and IT decision-makers with responsibility for the security and management of ATMs at retail banks.

ATM 48

ATM Management Study Survey 48

PYMNTS

OCTOBER 11, 2017

A century later, Diebold went public and got into the ATM business. That’s because retailers have so far been quick to jump on the connected commerce bandwagon. Kerr explained that fierce competition has forced retailers to move fast when it comes to developing an omnichannel experience. Banks, well, haven’t.

Retail 118

Retail ATM San Francisco Chicago 118

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. A driver of change.

ATM 85

ATM Mobile Strategy Fraud 85

NCR

FEBRUARY 14, 2017

But in industries like retail banking, where technology is at the heart of change, staying still is more likely to be one of the biggest risks a financial institution (FI) could take, such is the anticipated pace of change in the next few years. Some businesses might view investing in modernization and innovation as a risk.

Retail 75

Retail ATM Innovation Security 75

PYMNTS

FEBRUARY 26, 2020

Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others. Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015.

Oregon 232

Oregon Pennsylvania Innovation Operations 232

PYMNTS

FEBRUARY 3, 2020

Fraudsters are increasingly savvy, though, and retailers cannot afford to relax much. . Cybercriminals have more opportunities than ever to swipe debit card numbers and PINs from online consumers, and false websites, large-scale data breaches and skimming tools can compromise account information. Fraud And The Problem Of Convenience.

Fraud 131

Fraud Cards Tools ATM 131

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. FIs are thus rethinking their approaches to online payment security, especially as it relates to debit.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. Retailers that sell alcohol must be able to understand exactly which products they have in stock, and which products are generating the most revenue for the business.

Industry 219

Industry Payments Retail Regulation 219

NCR

NOVEMBER 21, 2017

Falling on the day after Thanksgiving, this perennial retail extravaganza marks the beginning of the traditional Christmas shopping period for consumers. Shoppers all over the world are drawn in by the many special offers advertised by retailers. The role of cash and ATMs. billion will be dispensed from ATM s in just one day.

ATM 51

ATM America US Retail 51

PYMNTS

JANUARY 21, 2021

Recent studies have found that debit issuers lost approximately $1 billion to fraudsters targeting transactions at the physical POS or ATMs in 2019 — and this was before the ongoing pandemic expanded fraudsters’ opportunities to launch their schemes. retailers have digital oversights that leave them vulnerable to attacks.

Fraud 148

Fraud Strategy Study Cards 148

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.

Customer Experience 72

Customer Experience Retail San Diego Study 72

PYMNTS

JANUARY 31, 2020

Consumers appear to be moving their debit payments away from brick-and-mortar stores toward eCommerce channels, meaning FIs and card issuers must work to support them while minimizing online security risks. Holistic Security. FIs have long been aware that relying on knowledge-based authentication (KBA) goes only so far.

Fraud 148

Fraud ATM Cards Security 148

PYMNTS

NOVEMBER 18, 2020

The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. These policies could inform businesses on how they can securely and compliantly leverage DLT to send money internationally, and recent reports anticipate that the EU could adopt DLT legislation by 2024.

Mobile 220

Mobile Payments Cards Retail 220

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

PYMNTS

JULY 3, 2020

Banks’ security efforts depend on analyzing consumers’ transaction histories to gain firm understandings of their normal behaviors, enabling financial institutions (FIs) to spot unusual activities that could suggest fraudsters are involved. Defending Agains Fraud During Periods Of Reopening .

Fraud 180

Fraud Cards Tools Florida 180

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

OCTOBER 29, 2020

Consumers have received warnings for years about the threat of card skimmers that can steal their debit and credit card data, and many have learned to check for the devices before inserting their cards into ATMs or swiping at self-serve gas station pumps. Deep Dive: How Online Merchants Confront eSkimm ing Attacks.

Payments 124

Payments Cards Online Software 124

PYMNTS

APRIL 11, 2017

That means enabling people to pay in-store or online via the payment method that is most convenient for them at any given moment. 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. Brown explained. “We Brown explained.

ATM 103

ATM Mobile Innovation Security 103

PYMNTS

FEBRUARY 14, 2017

She comes to Chase Merchant Services with background experience in retail and mortgage business management, consulting, strategy, lean manufacturing, operations, transformation and change management. Prior, Strappa has held positions at GE Capital and McKinsey. Last month, JPMorgan & Chase Co. The firm has assets totaling some $2.5

ATM 168

ATM Strategy America Online 168

NCR

APRIL 8, 2016

With over 3 Million ATMs now installed globally, thankfully most of us don’t have to venture far. The current ratio of ATMs compared to population is 420 per million (source: Retail Banking Research – Global ATM Market and Forecasts to 2020). Wells Fargo operates a pair of NCR ATMs at McMurdo Station near the South Pole.

ATM 40

ATM Alaska Operations US 40

Cisco

MAY 29, 2019

In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.

Customer Experience 48

Customer Experience Retail San Diego Study 48

PYMNTS

AUGUST 3, 2020

DayTek Capital , an Australian challenger bank known for its prepaid “Infinity” card, has been granted a banking license by the country’s Securities and Investments Commission, a report from AltFi says.

Capital 154

Capital ATM Analytics Report 154

PYMNTS

DECEMBER 16, 2019

the FBI recently issued a warning for holiday shoppers of a new scam called eSkimming , in which cyber criminals hack into legitimate online retailer websites to steal shoppers’ credit and debit card details. million was allegedly stolen from a Pennsylvania municipality via an AP and payroll fraud , Delaware Online reported recently.

Fraud 149

Fraud North Carolina Payments Delaware 149

PYMNTS

OCTOBER 20, 2017

Customers can easily lock their debit cards online or via Citibank’s mobile app if a card is misplaced. Since our customers are increasingly active on mobile or online, we’re giving them another tool to directly control their account activity across the bank.”. Credit card members have completed more than 1.6

Cards 108

Cards User Experience Mobile ATM 108

PYMNTS

JULY 6, 2018

Half of all online shoppers have bailed on a shopping experience just because they couldn’t pay how they wanted to. And, of course, how to leverage enough security advances to keep out the cybercriminals who want to follow — and rob — the digitally migrating crowds. $2 remain clear, clean and compliant.

ATM 101

ATM Fraud Course How To 101

PYMNTS

MAY 22, 2017

While the world is busy helping retailers stop cybercrooks from stealing them blind online, every year 75,000 small retailers are being robbed at their physical locations. Over the last year, he said, much of the hardware that runs these sophisticated algorithms have become fast enough to enable real-time image searching.

Retail 119

Retail ATM Security Data 119

PYMNTS

JULY 3, 2019

Airfox has a mission built on the principles of financial inclusion; it also secured partnerships with Cielo and Zurich Insurance to expand an existing agreement with Brazil retail company Via Varejo. ” Users will have access to both digital and physical prepaid cards for online and offline purchases.

Digital Banking 100

Digital Banking ATM America Security 100

PYMNTS

OCTOBER 1, 2018

The loan product follows the launch of Stripe Terminal earlier this month which will enable online businesses and platforms to accept in-person payments with Stripe. The question is: Can we make the offline world as simple as the online world?” A couple of guys drilling holes in an ATM seems anything but inconspicous.

Data 108

Data ATM Apple Payments 108

NCR

DECEMBER 21, 2015

However, a recent survey shows that 58% of people said debit or credit card transactions as payment felt the most secure which shows that there is still a lot of work to be done to prove that paying on a device protects users from fraudulent activity.

Innovation 40

Innovation Mobile Retail Payments 40

Abrigo

JANUARY 24, 2024

For example, an ATM scheme that operated through July 2023 targeted credit unions in six states, stealing nearly $6 million. Involve the right people to create a retail solution tailored to risk tolerance and customers or members. Faster Payments Council, said in a video interview with Information Security Media Group.

Fraud 221

Fraud Payments Software Policies 221

PYMNTS

JULY 11, 2018

Citizens Access safely and securely offers Member FDIC-insured online savings and CD accounts with attractive rates and no fees to customers across the United States. Citizens Financial Group announced the launch of its nationwide, direct-to-consumer digital bank.

Digital Banking 103

Digital Banking United States FDIC ATM 103