Perficient

NOVEMBER 30, 2022

Among its attendees were representatives from The Clearing House (TCH), The Federal Reserve Bank of Boston, and SWIFT, along with some of the largest financial institutions in the U.S. . It’s easy to reach the conclusion that real-time payments are better for several reasons and understand that legacy payment systems have not been perfect.

Fraud 275

Fraud Management Payments New York City 275

PYMNTS

NOVEMBER 23, 2020

Advanced AI Makes Systems Smarter. As the Mobile Order-Ahead Tracker® states, “AI can be leveraged to analyze and tally credit card transactions similar to how banking transactions are examined. Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors.

Mobile 289

Mobile Boston Fraud Colorado 289

PYMNTS

NOVEMBER 27, 2019

The Greater Boston Food Bank (GBFB) is one such organization fighting community hunger. Headquartered in Boston, the group serves over 500 pantries and programs in 190 cities and towns across eastern Massachusetts and distributes nearly 57 million meals annually. . Putting Fuel Cards on the Road. Putting Fuel Cards on the Road.

Tools 130

Tools Boston Massachusetts Cards 130

PYMNTS

AUGUST 21, 2020

Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency. But a race to a rollout is not in the cards. Central bank digital currencies (or CBDCs) have been gathering steam, at least as a concept.

Boston 269

Boston Massachusetts Knowledge Base Policies 269

Payments Source

NOVEMBER 21, 2017

Boston’s Massachusetts Bay Transportation Authority has approved a $723 million overhaul of its fare system that would eliminate cash payments on buses and trains.

Boston 64

Boston Massachusetts Training System 64

PYMNTS

JUNE 6, 2019

Skirting Cash Shortages at Boston Pride. Boston’s pride celebration is one of the season’s biggest events for Mandy Roberge, the owner and artist behind Wicked Good Henna. The 2018 Boston Pride parade reportedly saw more than 750,000 spectators and over 55,000 marchers. Customers] recognize the reader [I use],” Kim said.

San Diego 137

San Diego Boston Cards New York 137

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. Disrupting Paper-Based Systems. Weddings and events are another sector experimenting with card-based spend management efforts.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

NOVEMBER 4, 2016

PYMNTS recently caught up with Ben Morris, founder and chief pedicab officer at Coaster Pedicab, which owns and operates bicycle taxi companies in more than a dozen cities, including Boston, Chicago and Washington, D.C., We’re obviously moving into a world of plastic, certainly more than we’re using cash,” he said.

Cards 100

Cards Payments Mobile Industry 100

PYMNTS

OCTOBER 12, 2020

The BIS noted of central bank digital currency ( CBDC ) that “a CBDC could provide a complementary central bank money to the public, supporting a more resilient and diverse domestic payment system. Those questions include: How does the Fed get those digital dollars to move throughout the banking system?

Boston 233

Boston System Online Payments 233

PYMNTS

JUNE 25, 2020

The Boston-based FinTech said its education payments platform will now give students the ability to change payment methods from month to month, or to seek a lower payment or a temporary break, depending on their circumstances.

Payments 162

Payments United States Boston Study 162

PYMNTS

JANUARY 28, 2019

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Never mind the people who start rummaging around in their purse or wallet to pull out their cards after stepping up to the checkout counter. The ability for merchants to surcharge in the U.S. is nothing new.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

FEBRUARY 4, 2019

When it comes to completing in-store payments, 36 percent of customers prefer to use credit cards and 33 percent opt for debit cards. Conflicting POS systems could prove costly to integrate or present complications when reconciling payments. Card acceptance has also been key. Card acceptance has also been key.

Massachusetts 100

Massachusetts Boston Cards Operations 100

PYMNTS

DECEMBER 12, 2019

A bit of caution was well warranted, as Visa’s Global Head of Contactless Payments Dan Sanford told Karen Webster in a recent discussion, given the massive size of the New York public transit system. Visa began this project with the idea that New York City could be the “ground zero” for contactless card ignition in the U.S.

New York 167

New York US Payments Training 167

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. That’s not to suggest these closed-loop systems are going the way of the paper ticket anytime soon.

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

OCTOBER 31, 2016

But with so many different solutions and combinations of features out there, finding the right system that can fit each business’ needs is difficult. Even after a retailer does find a suitable option, integrating the system into their operations can be a challenge.

Payments 100

Payments Boston Retail System 100

Independent Banker

NOVEMBER 30, 2021

But the average consumer doesn’t imagine a scam involving a hybrid of social engineering and domain name system impersonation that can result in remote access to one’s entire device.”. These systems, he adds, make sure that the Social Security number, name and birth combination match and that the individual in question is not deceased.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

MARCH 27, 2019

In a press release , MineralTree said the investment round was led by Great Hill Partners, a Boston-based private equity firm. This year it plans to add new capabilities to Invoice-to-Pay, enhancing the user experience and expanding the integration of it into accounting systems. 406 Ventures and Eight Roads Ventures.

Boston 115

Boston User Experience Resources Marketing 115

PYMNTS

NOVEMBER 3, 2016

Pedicab drivers in cities like Boston, Chicago and Washington, D.C., can now accept credit and debit card payments thanks to mPOS systems that allow them to take cards while on-the-go. They are increasingly able to serve more customers than ever before, thanks in large part to mobile payment acceptance technology.

Mobile 100

Mobile Dallas Apple Boston 100

PYMNTS

APRIL 5, 2018

as well as the credit card numbers of approximately 209,000 people. Equifax knew about the vulnerabilities in its system for months, but utterly failed to keep the personal information of nearly three million Massachusetts residents safe from hackers,” said Healey at the time. million more consumers in the U.S.

Massachusetts 109

Massachusetts Boston Data Security 109

PYMNTS

AUGUST 3, 2018

The integration is designed to enable personal information to be stored in an isolated environment away from the merchant’s device operating system, keeping sensitive information secure in the event that hackers tap into any weakness in the device’s software. Meanwhile, other players in the space are unveiling their first mPOS forays.

Trends 105

Trends Massachusetts United States Boston 105

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. Cyberattacks hit financial services firms 300 times more often than firms in other industries per the Boston Consulting Group.

Management 108

Management Fraud Payments Boston 108

PopularBank

DECEMBER 1, 2021

Considering some of the most common household bills, such as your mortgage or rent payments; credit card bills; home alarm system and security; auto insurance; auto loans; school loans; school or college tuition; cable and internet; mobile phone; health insurance; dental insurance; life insurance; utilities (e.g.,

Online 98

Online Mobile Fraud Boston 98

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

NOVEMBER 2, 2017

Last week, they officially tasked long-term Mastercard partner Cubic Transportation Systems to implement a new fare payment system across the city’s entire subway (and bus) system. Once that new system is place, riders will be able to pay at the gate using contactless payments.

New York 105

New York New York City System Metro 105

PYMNTS

SEPTEMBER 27, 2019

DD Perks leverages a points-based system to foster return visits, and it is similar to many of its competitors’ offerings. but this growth was stymied because customers were required to preload credit cards into their apps to use the program. How DD Perks Works. Many customers were hesitant to do so, fearing security breaches.

Mobile 117

Mobile New York City Analytics United States 117

PYMNTS

APRIL 22, 2019

Thousands descended upon T-Mobile Park stadium in Seattle on March 28 — the earliest opening day in Major League Baseball (MLB) history — to see their home team, the Mariners, take on last year’s World Series champions, the Boston Red Sox. New users had to stop by a kiosk and provide U.S.

Seattle 122

Seattle social media Boston National 122

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. No system is perfect, however. will reach 56.8 Unfortunately, fraud happens,” Salguero said.

Fraud 108

Fraud Analytics Oklahoma Security 108

NCR

SEPTEMBER 1, 2016

Banks and card providers have been devoting a lot of attention recently to Asian markets, and it’s not hard to see why. Card providers have also been promoting the use of new solutions. With more than 1.3 billion potential customers in China alone, and a similar number in India, the opportunities for banks are immense.

Regional 75

Regional Payments National Boston 75

PYMNTS

SEPTEMBER 20, 2016

The great thing about this service is payment processing can be provided by a processor in Boston to a merchant in Florida,” Taylor noted. There’s new changes to the system every day. “We work with merchants across the nation. Payments are complex. There’s a huge imbalance in information out there.

Meeting 100

Meeting Los Angeles Payments Resources 100

PYMNTS

JUNE 9, 2017

Now they can earn points no matter how they pay, even if they opt to use a credit card or cash. The new app is powered by LevelUp , a mobile payments platform created by Boston startup SCVNGR and the force behind PYMNTS’ mobile order-ahead tracker. That’s the biggest win for our guests,” said Rettker. Because they are special to us.”.

social media 109

social media Mobile Boston Payments 109

NCR

APRIL 26, 2018

At one of the busiest locations, Oxford Circus, TfL noted there are almost half a million contactless journeys a week – the equivalent of 50 cards or smartphones being tapped every minute. For instance, New York, Sydney, Miami and Boston have all announced plans to introduce contactless payments in the coming years.

Payments 53

Payments Miami Boston Capital 53

PYMNTS

NOVEMBER 29, 2019

That was one of the main messages from a recent PYMNTS discussion featuring Karen Webster and Vaduvur Bharghavan (who goes by VB), the president and CEO of Ondot Systems. Financial institutions (FIs) are engaging with tech players in new ways as together; they seek to create ecosystems that offer new value to consumers.

Google 129

Google Mobile Data Capital 129

PYMNTS

AUGUST 4, 2016

Taking a page out of the copy book of the London Tube, where contactless payments have skyrocketed, the Miami-Dade County’s Department of Transportation and Public Works has signed a $33 million contract with Cubic Transportation Systems to install contactless and mobile payments. The rollout will be completed in the next 18 months.

Samsung 100

Samsung Google Mobile Millennials 100

PYMNTS

MARCH 11, 2016

According to its survey of 507 vendors of merchant processing systems, Apple Pay is the most requested mobile digital payments service among retailers. According to the recently released figures, 44 percent of those vendors’ customers are using, or have asked about using, mobile digital payment systems.

Apple 100

Apple Houston Boston Mobile 100

PYMNTS

JANUARY 24, 2017

Jim Harper, CEO of Sonde Health in Boston, which is working on voice tests to monitor for postpartum depression, Parkinson’s and dementia, was quoted as saying: “We’re trying to make this ubiquitous and universal by engineering a technology that allows our software to operate on mobile phones and a range of other voice-enabled devices.”.

Google 100

Google Study Boston New York 100

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

PYMNTS

DECEMBER 21, 2020

The “Pays” — and Apple Pay as the granddaddy of all of the mobile contactless wallets — didn’t solve a problem at the physical point of sale when it launched in 2014, since cards worked just fine. Contactless cards are regarded as decision-drivers for shopping in a physical store 7.5 And the Pays still haven’t. 25-31, 2020.

Apple 227

Apple Study Innovation Survey 227