PYMNTS

DECEMBER 29, 2016

A paper published by Boston Consulting Group (BCG) described today as a critical moment in banking history as players face pressure from alternative players and corporate clients that demand newer, better services. “The The time for this radical shift is now,” Boston Consulting Group declared. Fraud Prevention Remains Paramount.

Security 181

Security Fintech Boston Fraud 181

PYMNTS

MAY 5, 2020

“Credit unions across the country are on high alert for scammers looking to take advantage of members during the pandemic and are stepping up fraud prevention efforts as a result,” according to PYMNTS’ April Credit Union Tracker® done in collaboration with PSCU. This, in turn, helps mitigate fraud.”.

Fraud 239

Fraud Analytics Boston New York 239

PYMNTS

AUGUST 21, 2020

New Report: How Behavioral Analytics Help FIs Block Fraud at the ITM. Jim Cunha, senior vice president of secure payments and FinTech at the Federal Reserve Bank of Boston, tells Karen Webster why the Fed is working with MIT to explore digital dollars. The Main Street Rescue That Wasn’t (And Still Isn’t).

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. Along the way, not surprisingly, we’ll transition more fully to digital payments across modernized (and streamlined) rails, flowing domestically and eventually across borders.

Payments 244

Payments Boston System Operations 244

PYMNTS

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Meanwhile, Visa said that crypto-banking platform operator Ternio had joined the payments giant’s Fast Track program as a cryptocurrency-focused enablement partner. Keeping An Eye On Fraud.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

ABA Community Banking

DECEMBER 8, 2017

Boston Fed’s Montgomery to head anti-fraud effort Payments Security.

Security 40

Security Boston Strategy Payments 40

PYMNTS

JANUARY 8, 2020

By using secret card-reading devices and pinhole cameras at various locations, Rusu and others were able to commit a widespread bank fraud conspiracy that targeted various banks in Massachusetts, New York and New Jersey from August 2014 to November 2016, according to law enforcement.

San Diego 130

San Diego Cards New Jersey Massachusetts 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. As cyberattacks grow in scale and sophistication, it is critical that we advance trust in our payments system.”.

Boston 177

Boston Security System Cards 177

PYMNTS

OCTOBER 3, 2019

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. 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

ABA Community Banking

MARCH 29, 2018

Picks Boston Consulting Group to produce research Payments Risk Management Online Security.

Study 40

Study Boston Fraud Risk Management 40

PopularBank

DECEMBER 1, 2021

Which means now might be a good time to explore alternative payment options. Some risks are unavoidable, but there are ways to lower the financial impact and reputational risk of fraud, and to measure and reduce its impact. Fraud can be analyzed two ways. The first is the likelihood of the fraud occurring.

Online 98

Online Mobile Fraud Boston 98

PYMNTS

OCTOBER 31, 2016

From loyalty to inventory management and data to omnicommerce strategy, there’s no shortage of available features and options for retailers looking to upgrade to full-service payments solutions. Around the full-service payments world. To download the October edition of the Payments as a Service Tracker™ , click the button below.

Payments 100

Payments Boston Retail System 100

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. Keeping The Meat Secure. The firm’s growth in customers and revenue did come with an increased risk of fraud.

Fraud 108

Fraud Analytics Oklahoma Security 108

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. Korean consumers see no evil in mobile payments. The statistics get even better as the daily average number of mobile payments increased almost 83 percent to 810,000.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

AUGUST 3, 2016

Phase 1 of the Faster Payments initiative launches on Sept. will be able to accept Same Day payments, with the option to originate them. It’s providing an enhanced service that everybody is already familiar with, it’s not a brand new payments system where people have to figure out, ‘How do I use this? Kenneally explained.

Boston 100

Boston Fraud Strategy Payments 100

PYMNTS

NOVEMBER 29, 2019

And the PYMNTS Weekender is here to make sure you didn’t miss anything — and that you start off December right, with the latest in payments and commerce news. The data did not reportedly include password information, Social Security numbers or financial information. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes?

Google 129

Google Mobile Data Capital 129

PYMNTS

MARCH 25, 2019

The current best-in-class method of payment for a ride on a subway in any American city works just fine – until it doesn’t. As of last week, the card network announced it will be bringing contactless payments to transit turnstiles in more than 20 U.S. cities in the next few years. Riding the Inflection Point.

New York City 179

New York City Los Angeles New York Training 179

PYMNTS

MARCH 17, 2017

But some things are different when it comes to intellectual gatherings — at least if the gathering is peopled with some of the best and brightest and insightful in payments. With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. Pot Shots in Payments. Connectivity and Collaboration.

Innovation 103

Innovation Lending Boston Security 103

Abrigo

AUGUST 6, 2019

Blanco discussed the organization’s active approach toward addressing the top financial threats to our financial system, our national security, and our communities and families. FinCEN is committed to addressing compliance failures that put our financial system and national security at risk. The 12 major U.S.

System 264

System Las Vegas San Antonio San Diego 264

PYMNTS

OCTOBER 20, 2018

On this day in history in the year 2009, the world of payments and commerce was changed forever. The traditional gift for a ninth anniversary is pottery, and our offices are in Boston – but, you know, no pressure.). Which made Warren Buffett, as a long-time payments enthusiast and investor, a pretty good fit for our launch interview.

Innovation 177

Innovation Payments Cards Retail 177

PYMNTS

JUNE 10, 2016

Previously, you would have had to find a new spot that could accommodate different payment methods, usually at a premium price, but that’s all changing with parking and transit apps. According to Brad Powers, Passport’s CTO, none of it would be possible without mobile payment technology.

Mobile 100

Mobile Payments Training Wisconsin 100

Independent Banker

OCTOBER 29, 2014

The latest twists came in September, when one of the biggest technology and payments events of the year featured the announcement of Apple Inc.’s s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant. Fees follow.

Mobile 105

Mobile Community Bank Community Technology 105

PYMNTS

MAY 27, 2016

Located in suburbs of Boston in the three cardinal directions that don’t lead to the Atlantic, the workspaces-within-a-store will range between 2,500 and 3,500 square feet and will feature dedicated areas for quiet and communication-heavy work.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

JANUARY 26, 2021

California did not have sufficient security measures in place to prevent this level of fraud, and criminals took advantage of the situation.”. As the largest state, California’s crisis is certainly grabbing a lot of attention, but it is far from alone in the fight against fraud. In a press conference on Monday (Jan.

Fraud 206

Fraud California Washington Boston 206

PYMNTS

MAY 12, 2020

In the journey to improving B2B payment processes, it’s unlikely that any single solution will be the silver bullet to combating friction. In this week’s examination of payment rail innovation, PYMNTS explores the latest efforts to tackle B2B payments pain points. Deluxe Preserves The Check Workflow.

Payments 130

Payments Fraud Community Boston 130

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. The handwritten invoice he left with my cushions included his name, his mobile phone number and the payment methods he accepted: cash or check. He delivered my cushions, as promised, about a month ago.

Payments 195

Payments Innovation Boston Branding 195

PYMNTS

SEPTEMBER 3, 2018

While we would never claim to do a top 10 list with quite the panache of David Letterman, it has been an awfully busy summer in payments and commerce — one where it would have been unusually easy to lose track of the action. million-worth of NPXS tokens that were issued by payment project Pundi X’s ICO. They also stole $13.8

Branding 100

Branding Cards Fraud Marketing 100

PYMNTS

JANUARY 20, 2020

In today’s top payments news, U.K. Lawmakers Eye Alternatives To Renter Security Deposits. lawmakers are considering legislation to replace cash-upfront security deposits with insurance policies. Visa’s Chief Risk Officer On Securing Commerce In The 2020s. open banking startup Tink raises €90 million in a funding round.

Google 130

Google Regulation Data Boston 130

PYMNTS

NOVEMBER 9, 2020

Nearly three years after the introduction of the second Payment Services Directive ( PSD2 ) in the U.K., A paper by the Emerging Payments Association EU found that “In the opinion of all observers, open banking on the one hand and instant payment on the other is the recipe for all tomorrow’s payment solutions.”.

Fintech 285

Fintech Data Regulation Innovation 285

Fintech Labs Insights

MARCH 28, 2016

HQ: Boston, Massachusetts. Payment collection services from groups . Mobile business scheduling, invoicing & payments platform. Tags: SMB, security, authentication, bitcoin, contracts, legal, fraud, cryptocurrency, blockchain. Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. GoCardless.

Company 12

Company Fintech San Francisco New York City 12

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. However, while consumers in the US have been keen to embrace mobile solutions to manage their finances, many have not yet made the transition to mobile payments.

Mobile 72

Mobile US Payments Study 72

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. They help you focus and prioritize Accounts Receivable, based on payment histories and risk. It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security.

Video 40

Video Mobile social media Analytics 40

CB Insights

FEBRUARY 21, 2019

Financing and payment systems. Blockchains operate through decentralized peer-to-peer platforms, building resilience against the spread of corrupted information and boosting resistance to fraud. This solution streamlines the process of transferring property titles while also adding some layers of security. Property management.

blockchain 78

blockchain Fraud Technology Management 78

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. For example, in the context of a wire transfer, first is the transaction layer securing individual transactions such as currency deposits/withdrawals, wire transfers and checks.

Compliance 191

Compliance System eBook Examples 191

CB Insights

OCTOBER 26, 2020

MEMX was founded by 9 financial services institutions including Bank of America Merrill Lynch, Charles Schwab , and Citadel Securities with the goal of simplifying equity trading. However, interest in ICOs cooled after a number of fraud allegations and a crackdown by the SEC. The exchange is the first that is founded by its members.

Management 78

Management Capital Company Marketing 78

William Mills

MAY 9, 2018

HQ: Boston, MA. The company enables clients to achieve best-in-class results driving quality and innovation in Payments, Processing Services, Risk & Compliance, Customer & Channel Management, and Insights & Optimization. Covered Security , coveredsecurity.com @CoveredSecurity. Website: projectfinance.io.

Security 40

Security Samsung Strategy San Jose 40

CB Insights

JULY 23, 2020

Beyond the office: cybersecurity and at-home network security. Biometrics — which measure a person’s physical characteristics, such as fingerprints or voice patterns — are often more secure than other authentication options, more convenient for customers, and more cost-effective for businesses. Bathrooms: autonomous cleaning solutions.

Meeting 101

Meeting Tools Survey Company 101