PYMNTS

JANUARY 30, 2020

An employee’s accidental use of her corporate card to pay for groceries isn’t a crime, but it does fall under the heading of “ friendly fraud ,” which creates friction for the accounting department. Weddings and events are another sector experimenting with card-based spend management efforts. Disrupting Paper-Based Systems.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat scan intuitively mimic fraudulent behavior and can be used in conjunction with tools already in place.

Boston 177

Boston Security System Cards 177

PYMNTS

OCTOBER 22, 2018

fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time — sweaters, as this week will be an excellent opportunity to enjoy New England’s crisp fall weather. Gift Cards’ New Unfavorable Fans. As of September 2018, losses from gift-card fraud have hit $53 million.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

SEPTEMBER 23, 2019

This is a market that Boston-based ButcherBox is catering to by delivering grass-fed, grass-finished meat and other humanely raised, sustainably sourced meat and seafood directly to customers’ doors on a monthly basis. The firm’s growth in customers and revenue did come with an increased risk of fraud. will reach 56.8

Fraud 108

Fraud Analytics Oklahoma Security 108

PYMNTS

OCTOBER 3, 2019

Brex Co-Founder and Co-CEO Henrique Dubugras said in a press release , “Even before customers think about credit cards, they need a place to store their business capital. Mastercard: Fraud-Fighting’s New Mantra — Test, Protect, Prevent . And Gerber noted that the attacks are going to keep on coming. .

Management 108

Management Fraud Payments Boston 108

PYMNTS

MARCH 25, 2019

Loading funds onto a prepaid card that opens the turnstile once scanned, swiped or inserted works terrifically well – until the customer forgets to check the balance on his transit pass, and finds himself locked out at the turnstile. What better to get top-of-wallet relevance than embedding a contactless chip in your card?”

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

NOVEMBER 15, 2019

Goldman Denies Discriminatory Apple Card Practices, Says It Will Reassess Limits. Goldman Sachs has promised to reevaluate how credit limits are determined for Apple Card users after being accused of gender discrimination. Amazon To Build $40M Robotics Innovation Hub Near Boston. Google Dives Into DDAs. Deutsche Bank told U.K.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

OCTOBER 31, 2016

To find out how companies can choose the best solutions for their needs, PYMNTS recent caught up with Perry Kramer, vice president of Boston Retail Partners, to talk about the state of the full-service payments industry, the method his team uses when helping retailers find and adopt new payments solutions and what he sees coming down the pike.

Payments 100

Payments Boston Retail System 100

PYMNTS

APRIL 26, 2019

Customers can take advantage of the program in a variety of ways, including via the Tim Hortons app, a physical loyalty card and a digital card available for Apple and Android phones. The QSR industry is particularly appealing to bad actors, as many related apps store credit card information and other highly desirable data.

Mobile 139

Mobile CA Boston Cards 139

PYMNTS

FEBRUARY 18, 2019

We had roughly 340 execs register to listen live to the two of us banter about the people, processes and tech necessary to do more than simply rebrand what’s typically described as the fraud and risk departments of digital platforms. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

Celent Banking

JANUARY 23, 2017

Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity. Payments Replatforming – for the most impressive project to improve payments back office, e.g. payment services hub implementation or cards replatforming.

Risk Management 100

Risk Management Innovation Case Study Boston 100

PYMNTS

NOVEMBER 29, 2019

The Greater Boston Food Bank (GBFB) is among the nonprofits working to feed local communities this holiday season is the which provides food services to 190 towns as well as cities in the eastern Massachusetts region. How Ticketmaster Uses AI To Sort Fans From Fraudsters (DataVisor Digital Fraud Tracker). Of the 94 million U.S.

Google 129

Google Mobile Data Capital 129

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. I was reminded yesterday in my digital discussion with the CEO of Forter, Michael Reitblat, that 83 percent of the fraud attacks last year were the result of botnets, besting some of the more “tried and true” tactics like account takeovers and phishing. Angela Ahrendts.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

OCTOBER 20, 2018

The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). and was followed by the great cybercriminal migration to the web and card-not-present transactions. I’ve watched the credit card industry almost from the beginning, and we got in early. True in 2009.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

MARCH 17, 2017

The business cards have all been exhausted, and the hearty salutations give way to weary nods of (yet again) recognition. With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. Til next year — perhaps by then spring will finally come to Boston.

Innovation 103

Innovation Lending Boston Security 103

Fintech Labs Insights

JANUARY 3, 2017

LTP: Trulioo CEO Stephen Ufford writes about the problem of gift card fraud. Quantopian recognized by Boston Globe as a “Company to Watch in 2017.” Around the web. New York-based BizFi reaches $2 billion in originations. Boku extends partnership with Microsoft to support carrier billing to France.

Boston 18

Boston New York Fraud Fintech 18

PYMNTS

OCTOBER 3, 2019

The competition between cybercriminals and the fraud and security teams at banks, tasked with stopping their attacks, is incredibly lopsided. The fraud and security teams have to get it right 100 percent of the time to maintain their position of trust across the financial services ecosystem. And it all moves very quickly.”.

Fraud 156

Fraud Security System Cards 156

PYMNTS

SEPTEMBER 3, 2018

In June, CNBC reported that Holmes was indicted on criminal wire fraud charges— though she remains chairman of the Theranos board, despite the charges. All of this was coincident with reports of widespread app outages, with MoviePass running out of money and taking a short-term, high-interest loan just to fund member purchasing cards.

Branding 100

Branding Cards Fraud Marketing 100

Independent Banker

OCTOBER 29, 2014

Community banks will continue to have representation in the mobile payments field through the Visa and MasterCard networks, and ICBA Bancard, ICBA’s electronic payments services program for community banks, is working closely with the card networks on the launch of Apply Pay as well as on other digital developments. Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

NCR

FEBRUARY 23, 2018

This is a message that US banks appear to be hearing loud and clear, at least according to the findings of a recent study by the Federal Reserve Bank of Boston. Indeed, 60 percent of respondents that do not currently offer mobile payments cited security concerns as being highly important to their decision.

Mobile 72

Mobile US Payments Study 72

PYMNTS

JUNE 10, 2016

Currently, Passport accepts all major card types, including Visa and MasterCard, as well as PayPal. It’s not called the Passport app; it’s called the Boston app, so allowing the businesses to push their own brand has been a big deal in the past three years. “We do have parking lots out there that are mobile-only.

Mobile 100

Mobile Payments Training Wisconsin 100

Gonzobanker

DECEMBER 17, 2021

Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry.

Fintech 147

Fintech Strategy Leadership Lending 147

Independent Banker

SEPTEMBER 30, 2021

Once, before a holiday weekend, a customer messaged the bank to say that her ATM card wasn’t working. People used to say, ‘It’s not the crime; it’s the cover-up,’” says Seth Berman, a partner at Nutter, McClennen & Fish LLP in Boston. Hill arranged for a banker to call the customer after hours. “I

Community 139

Community Community Bank social media Security 139

Fintech Labs Insights

SEPTEMBER 19, 2016

Company COO Todd Shollenbarger said, “We’re going to replace what you know (passwords) with what you are (biometrics) to safeguard enterprises from fraud and data breaches.” Oxford and London), as well as in Boston, Massachusetts; and Timisoara, Romania. The company also has offices in the U.K.

New York City 12

New York City Massachusetts Boston New York 12

PYMNTS

JUNE 1, 2017

Angel Grant, director of product marketing and global marketing for RSA’s fraud prevention solutions, said that people have a pretty good sense of which information is most at risk and where it’s most likely to be stolen, but they’re not taking any extra steps to protect it.

Security 180

Security Report Fraud social media 180

PopularBank

FEBRUARY 25, 2020

One of my projects focused on Popular’s commercial credit cards. Austin came to the Popular Bank Associate Trainee Program from Boston College, where he majored in finance and accounting and minored in philosophy. We were also tasked with analyzing, researching and recommending solutions to the Popular Bank Commercial Credit Card.

Puerto Rico 52

Puerto Rico Austin Study Meeting 52

William Mills

MAY 9, 2018

HQ: Boston, MA. What if improving security was rewarding for consumers and super simple to do – while the payments ecosystem saw reduced fraud and new revenue opportunities? HQ: Boston, MA. I really like this kind of tech: why use a card with an ATM when you have your mobile banking app on your mobile phone?

Security 40

Security Samsung Strategy San Jose 40

Fintech Labs Insights

MARCH 28, 2016

HQ: Boston, Massachusetts. Debit card with company-driven expense rules. Nigerian online credit card processor. Tags: SMB, merchants, acquiring, credit/debit cards, acquiring, Y Combinator (investor). Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. Latest round: $22 million Series C. CrowdStreet.

Company 12

Company Fintech San Francisco New York City 12

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Chip card reader for when customers are shopping online to improve security. Verifies the card and pushes that information onto the merchant. The software/platform pieces is the ability to use virtual card numbers. Plus the 1% rewards.

Video 40

Video Mobile social media Analytics 40

PYMNTS

SEPTEMBER 17, 2018

This small business is a really small business: a guy working out of a teeny tiny storefront in a little town north of Boston. Like many small businesses (SMBs), he doesn’t accept cards. Innovators are using existing rails, new technologies and new fraud and risk models to push funds into merchant accounts the instant sales are made.

Payments 195

Payments Innovation Boston Branding 195

PYMNTS

DECEMBER 26, 2018

The financial industry has paid $321 billion in fines just through the end of last year, as estimated by Boston Consulting Group. Multi-dimensional smart agents can also be created to monitor, for example, card activity across specific merchants. As a result, anti- money laundering (AML) has been occupying the headlines as of late.

Compliance 191

Compliance System eBook Examples 191

PYMNTS

JULY 20, 2017

Selling not only substances and guns, but also stolen credit card credentials and other illegal goods, the company made an estimated $600,000 to $800,000 per day. Therefore, said Isak Ladegaard, a Boston College sociologist focused on dark web markets, this move by Hansa, while noble, is unlikely to reduce traffic of the drug.

Marketing 101

Marketing cryptocurrency Boston Bitcoin 101

CB Insights

NOVEMBER 9, 2017

And then there were some uncommon and more dramatic causes of failure, including: Financial fraud. via Beta Boston. For millions of consumers accustomed to using credit and debit cards, the proposition of using a fingerprint hasn’t been all that appealing. ” via Boston Globe. via Boston Magazine.

Capital 78

Capital Company San Francisco Operations 78

CB Insights

JULY 23, 2020

As we become more conscious of avoiding frequently touched surfaces, touchless modes of entry will displace traditional card swiping. Cybercriminals are increasingly focused on invoice and payment fraud schemes, which typically have higher dollar values than individual payroll schemes, increasing the stakes.

Meeting 101

Meeting Tools Survey Company 101

PYMNTS

JANUARY 7, 2019

But those concerns haven’t stopped consumers from using voice to access these new experiences, because they trust the primary enabler of those voice-enabled purchasing experiences – today that’s Amazon – as well as the underlying payment methods they use to make those purchases, which are network-branded credit and debit cards.

Mobile 205

Mobile Innovation Apple Study 205

CB Insights

OCTOBER 31, 2017

Note: Less than a month after the closure announcement, Vasupal was arrested for fraud in a bizarre case involving Stayzilla business dealings. Title: Boston startup Besomebody, once featured on ‘Shark Tank,’ shuts down app. Read more here. Title: Social bookmarking pioneer Delicious heads to the dead pool.

Company 78

Company US San Francisco Capital 78