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

DECEMBER 24, 2020

Or maybe that cryptocurrencies have yet to go mainstream beyond the headlines because fraud still lurks. Jeremy Allaire , CEO of financial technology firm Circle , told PYMNTS that digital currencies are ready to transition from speculation to become more broadly adopted in everyday commerce. . Keeping An Eye On Fraud.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

AUGUST 7, 2020

For the Federal Reserve, real-time payments will take time — three or four years’ time, to be specific. Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States.

America 189

America Kansas City Payments Kansas 189

PYMNTS

MARCH 16, 2018

Through the collaborative efforts of those with backgrounds in payments and security, the Federal Reserve’s Secure Payments Task Force has published “Payment Lifecycles and Security Profiles.” The profiles provide a perspective on the most common payment types, covering enrollment, transaction flow and reconciliation.

Security 100

Security Payments Boston Fraud 100

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

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 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

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. One thing’s for certain: Corporate banks everywhere need to embrace technology. Fraud Prevention Remains Paramount.

Security 181

Security Fintech Boston Fraud 181

Independent Banker

JANUARY 31, 2022

The Federal Reserve’s new payments rail launches in one year. Here’s how community bankers, payments experts and fintech vendors suggest using the time to prepare. payment system.”. Photo by Traveler1116/iStock. The FedNow Service is launching in early 2023, giving community banks about a year to plan. By Colleen Morrison.

Community Bank 91

Community Bank Community Resources Fraud 91

PYMNTS

JANUARY 30, 2020

Talk of “friction” in the payments industry is mostly about removing obstacles to consumer transactions, and how easily (or not) those payments get processed on the backend by merchants and banks. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example.

Management 130

Management Las Vegas Cards Taxes 130

PYMNTS

JUNE 20, 2019

In an era of restaurant technology that provides diners with many choices, mobile order-ahead is more popular than ever with consumers. From Chipotle Mexican Grill to Square , QSRs and payment firms alike are enabling a world of ordering innovation. The number of mobile device attacks over the past year increased by 117 percent.

Mobile 116

Mobile Jacksonville New York City New York 116

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

Independent Banker

NOVEMBER 24, 2015

Current best practices in fighting wire fraud. With wire fraud on the rise, community banks have to step up precautions to protect themselves and their customers. Wire fraud incidents nearly doubled to 27 percent in 2014, from 14 percent a year earlier, according to the 2015 AFP Payments Fraud and Control Survey.

Community Bank 70

Community Bank Fraud Atlanta Community 70

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

APRIL 11, 2016

Lauded by the company as a technology visionary, Zander joins a team who will work with IdentityMind Global president and CEO, Garrett Gafke, with the goals of guiding the company’s mobile business strategy and overall direction. IdentityMind Global, a digital identities platform for eCommerce, today announced Edward J.

Boston 100

Boston Leadership Software Online 100

Insights on Business

FEBRUARY 6, 2018

According to Boston Consulting Group, banks across the world have paid nearly USD 321 billion in fines since the financial crisis of 2007 and 2008, as the regulators are more focused than ever on compliance. Safer Payments: Improve transaction integrity within all-cashless payment channels with rapid fraud prevention capabilities.

Compliance 87

Compliance Analytics Boston Regulation 87

Celent Banking

FEBRUARY 28, 2017

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. The Products category submissions were impressive indeed: Payments: The submissions in this area focused on modernizing existing banking and payments infrastructure.

Innovation 100

Innovation Lending Boston Trends 100

Celent Banking

FEBRUARY 28, 2017

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. The Products category submissions were impressive indeed: Payments: The submissions in this area focused on modernizing existing banking and payments infrastructure.

Innovation 100

Innovation Lending Boston Trends 100

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. Contactless technology in the U.S., cities in the next few years.

New York City 179

New York City Los Angeles New York Training 179

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

Abrigo

AUGUST 6, 2019

Financial criminals are working hard, using technology and innovation to their advantage, to stay one step ahead of FinCEN and financial institutions. As the industry evolves and adopts these new technologies, financial crime evolves right along with it, creating new opportunities for criminals, terrorists, and bad actors.

System 264

System Las Vegas San Antonio San Diego 264

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

Independent Banker

OCTOBER 29, 2014

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. s entry into the payments business with Apple Pay. Ed Bachelder, payments consultant.

Mobile 105

Mobile Community Bank Community Technology 105

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

PYMNTS

MAY 27, 2016

The weather in Boston – and it’s about darn time. As for payments, here are this week’s picks and pans. Overall, according to the Global Fraud Attack Index that we do with Forter every quarter, fraud attempts are up 217 percent, putting nearly $5 of every online sale at risk. Angela Ahrendts. And now we are living it.

Bitcoin 109

Bitcoin Fraud Mobile Apple 109

Gonzobanker

DECEMBER 17, 2021

Digital and payments plans were developed, investments are being made, and transformation projects are being executed. Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships.

Fintech 143

Fintech Strategy Leadership Lending 143

William Mills

AUGUST 17, 2016

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. Alternative lenders are learning more about fraud to their dismay and access to capital.

Conference 40

Conference Innovation Las Vegas Colorado 40

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

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

Celent Banking

APRIL 7, 2017

Many of us at Celent just came back from a busy and exciting week in Boston. The rain and clouds couldn't obscure spectacular views from the State Room overlooking the Boston harbour. Emerging Technology for Consumers. Emerging Technology for Businesses. Payments Replatforming. Payments Product.

Case Study 189

Case Study Boston Risk Management Study 189

NCR

FEBRUARY 23, 2018

The growth of mobile banking over the last few years is a trend that should put the technology at the heart of every financial institution’s strategy. 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.

Mobile 72

Mobile US Payments Study 72

Celent Banking

JANUARY 23, 2017

Payments Product – for launching the best consumer or business payments product. Fraud Management and Cybersecurity – for the most creative and effective approach to fraud management or cybersecurity. Process Automation – for the most effective deployment of technology to automate business processes or decision-making.

Risk Management 100

Risk Management Innovation Case Study Boston 100

PYMNTS

JANUARY 20, 2020

In today’s top payments news, U.K. Google and Alphabet CEO Sundar Pichai wrote about the importance of government oversight of artificial intelligence (AI) technology in a Sunday opinion column in the Financial Times. open banking startup Tink raises €90 million in a funding round. UK Regulators’ Data Violations Fines Top $126.5M.

Google 130

Google Regulation Data Boston 130

Fintech Labs Insights

MARCH 28, 2016

HQ: Boston, Massachusetts. Payment collection services from groups . Mobile business scheduling, invoicing & payments platform. Tags: SMB, invoicing, payments, accounts receivables, accounting bookkeeping. Source: Crunchbase. Maxwell Health. Payroll & beneifts platform. Latest round: $22 million Series C.

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. Race Data brought bank client on stage who is thrilled with the product, he also states that the technology gives context to bank call center employees as well. ^KT. They help you focus and prioritize Accounts Receivable, based on payment histories and risk.

Video 40

Video Mobile social media Analytics 40