PYMNTS

FEBRUARY 15, 2019

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards.

Cards 224

Cards Course Security Fraud 224

Insights on Business

NOVEMBER 22, 2017

The changes we see in the global payments landscape, driven by innovative technologies, are fundamentally changing the industry, but they come with a brand new set of challenges. On the other hand, technology capabilities are supporting increasingly complex, sophisticated and global fraud and cybercrime patterns. bn ($5.3Bn).

Fraud 125

Fraud Payments Innovation Industry 125

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. 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

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

Cards 131

Cards Technology social media Meeting 131

Cisco

JULY 12, 2021

Here are three ways in which banking providers can do this: Identify & reduce account takeover fraud. Account Takeover Fraud is on the rise, and the banking industry has turned to technology to combat the growing threat. Regulations around authentication processes are constantly changing, and often differ from country to country.

Fraud 167

Fraud Mobile Security Customer Experience 167

PYMNTS

MAY 6, 2020

Financial fraud costs businesses an estimated $1.45 trillion, and it resulted in almost half of global organizations noting they were victims of fraud in 2018. This includes exploring emerging anti-fraud solutions and the challenges arising in this space as fraud grows more complex. One recent breach at U.S.

Data 181

Data Fraud Tools Technology 181

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. Fighting Fraud Visibly and Invisibly. So, how can consumers be persuaded to take a chance on these new companies?

Security 113

Security Fraud Mobile Cards 113

PYMNTS

JANUARY 10, 2019

Very few of the participants in the payment ecosystem are remotely ready,” he said, “and that goes for the card brands and the payment service providers.”. To get there, he said, PSPs and the card schemes can help guide merchants through new compliance territory. Delving into SCA. Looking for Exemptions.

Guidelines 173

Guidelines Compliance Fraud Cards 173

PYMNTS

OCTOBER 20, 2016

Get individual and industry perspectives on: – Payment authentication, its importance to fraud prevention and to ecommerce security. James is a recognized security and fraud expert covering topics such as mobility, cryptography, e-commerce, and network and infrastructure security. – Successful 3DS 2.0 Karen Webster.

Security 100

Security CA Cards Strategy 100

PYMNTS

NOVEMBER 12, 2018

The Changing Face of Omnichannel Fraud . As retailers and companies in all industries have begun to look at cybersecurity as a larger priority, those in the space have passed new legislation and regulations to protect customers, the companies they do business with and the money exchanged. Combatting Card-Not-Present Fraud.

Fraud 148

Fraud Retail Cards System 148

PYMNTS

NOVEMBER 17, 2020

Mastercard’s $825 million move to acquire Finicity, which provides access to financial data in real time, is inching ahead after the deal gained the approval of federal regulators. Customers can also split purchases with other users on PayPal and Venmo and receive the credit directly back to their card. million) in a new funding round.

Payments 130

Payments Michigan Fraud Digital Strategies 130

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. The branding will reflect the financial institutions and not Google. Google Dives Into DDAs.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

JUNE 1, 2020

In a roundtable discussion, the last in the “Powering the Digital Shift” series with Karen Webster, six experts in money movement, fraud prevention, banking and financial technology discussed one sure bet: “Digital optional” is no option as we move toward contactless commerce. So, there is a balance that needs to be struck.”.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

AUGUST 11, 2016

A proposition back in 2011 to close a loophole that enables drug cartels to move large sums of money across boarders using prepaid cards has been delayed but is not dead. The proposed rule called for money stored on prepaid cards to count toward the requirement on the part of the U.S. According to a report by Reuters , the U.S.

Cards 100

Cards Millennials Industry Tools 100

PYMNTS

SEPTEMBER 2, 2019

percent) express satisfaction with using virtual cards to settle invoices. Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. Elevating the Commercial Card.

Payments 186

Payments Cards Tools Technology 186

PYMNTS

JANUARY 19, 2021

COVID has put pressure on brands to find solutions for their direct-to-consumer [D2C] strategy,” he said. As more brands embrace eCommerce, he added, joining online platforms solves only some of the challenges of international, cross-border efforts — namely, setting up digital storefronts and reaching consumers.

Branding 322

Branding Taxes Fraud Regulation 322

PYMNTS

MAY 7, 2020

Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. the vast majority of other payouts are handled by ACH or prepaid cards, which are relatively faster but do not support instant funds access. in the next year.

Online 142

Online New Jersey Pennsylvania Regulation 142

FICO

JANUARY 25, 2017

FICO is the longest established and most respected defence against credit card fraud, with more than two-thirds of the world’s credit card payments protected by FICO ® Falcon® Fraud Manager , which evaluates every card transaction in speeds faster than the blink of an eye.

Fraud 40

Fraud Cards Regulation US 40

PYMNTS

JANUARY 22, 2019

Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google , which was accused of not doing enough to gain the consent of users when collecting data meant for targeted advertising. 70 percent.

Payments 195

Payments Regulation Security Data 195

PYMNTS

APRIL 20, 2018

A perfect storm of regulatory changes and card brand rule changes has left many merchants wondering to whom, exactly, they are beholden and what, exactly, they must do to comply. Regulations can feel a bit abstract and overwhelming on paper, especially when so many changes are happening at once. The Bottom Line.

Regulation 105

Regulation Data Security Regional 105

PYMNTS

JANUARY 29, 2019

Which brands will blow it? Will Tom Brady turn in his jersey after the game for an AARP card and hit the celebrity golf circuit? It all comes down to security, authentication and fraud prevention. There is always talk about getting ahead of the regulators, and that actually happens sometimes. Which team will win?

Online 169

Online Las Vegas New Jersey Fraud 169

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. Malaysia Regulators Want To Slap Grab With $20M Fine. Mastercard: Fraud-Fighting’s New Mantra — Test, Protect, Prevent .

Management 108

Management Fraud Payments Boston 108

FICO

SEPTEMBER 18, 2018

It’s a harsh truth that while data and technology in the fraud business abound, true domain expertise is a scarce resource. Meet Andy Procter , one of FICO’s fraud specialists. Today we are excited to pick Andy’s brain on the hot topic of how to fight identity-based application fraud.

Fraud 51

Fraud How To Policies Strategy 51

PYMNTS

JANUARY 28, 2019

It is also, according to reports, a favored new method by thieves, who will access someone else’s credit card information, use it to create a Fortnite account and then buy V-bucks, the game’s currency. Capital One ’s further reprots domestic card loans increased 8 percent or $5.8 Credit card loans increased 5 percent to $116.4

Video 128

Video Data Google Cards 128

PYMNTS

JULY 15, 2016

Brad Fauss, CEO of the National Branded Pre-Paid Card Association and MPD CEO Karen Webster dug into the potential for these rules to create the kind of inconsistencies that could very well disadvantage the very consumers that the CFPB intended to protect. Who Uses Prepaid Anyway? So far, so good.

Cards 100

Cards Millennials Regulation Cyber Security 100

FICO

SEPTEMBER 20, 2018

It’s a harsh truth that while data and technology in the fraud business abound, true domain expertise is a scarce resource. Meet Andy Procter , one of FICO’s fraud specialists. Today we are excited to pick Andy’s brain on the hot topic of how to fight identity fraud, specifically for application fraud.

Fraud 45

Fraud How To Policies Strategy 45

PYMNTS

JANUARY 17, 2019

is to pay federal and state regulators penalties of $11 million for allegedly opening fake store card accounts. Sterling Jewelers, a subsidiary that operates over 1,500 locations across the country with different brands, signed the settlement, The Wall Street Journal reported.

Regulation 116

Regulation Policies Cards Meeting 116

Gonzobanker

JUNE 7, 2023

Mix in the added drama of regulators condemning the banking-as-a-service model, and there’s added risk. Bonus complication: Any brand would struggle to win over the trust of an audience that may have used the same account for decades. In several news articles, Charlie mentioned it wants to embed discounts into the debit cards in time.

Los Angeles 117

Los Angeles Fintech Digital Banking Tools 117

PYMNTS

JANUARY 21, 2019

The letter highlighted that access to the payments systems today is only possible through incumbent intermediaries – the banks and the card networks – which have not kept pace with the needs of consumers and businesses. The card networks enable instant payments today, too. Then there’s Square’s new business debit product, Square Card.

Payments 194

Payments System Innovation Cards 194

Tomorrow's Transactions

JUNE 3, 2016

I’m in Frankfurt for the annual PayComm MEETS Europe, my chance to catch up with practitioners from the continental card markets. It’s really hard to keep up with all of the change in the market, driven primarily because of the regulation rather than new technology. The pace of regulatory change seems relentless.

Cards 30

Cards Marketing Regulation Course 30

PYMNTS

OCTOBER 23, 2017

Consumers are likelier to place their trust in brands they recognize, but Linden said they should not do so blindly. Big brands like Target , Home Depot and Equifax have experienced massive cyberattacks, while less prominent ones may be more watertight. Fraud losses move around and strike in different places, but they never go away.

UX 116

UX Security User Experience Millennials 116

PYMNTS

FEBRUARY 18, 2019

I hosted a digital discussion last week with an executive from Sift with more than 15 years of experience building trust and safety organizations for some of the biggest digital brands in the world – including Google , Facebook and Square. Card Networks Want to Raise Their Prices. Amazon Takes Its Bite Out of the Big Apple.

Cards 169

Cards Course Study New York 169

Accenture

SEPTEMBER 22, 2019

Traditional banks have responded by innovating and creating their own digital banking brands—witness the launches of RBS’s Bó and HSBC’s Connecting Money app. The biggest hurdles are around profitability, UK regulation, customer growth and cybersecurity. Regulation. Profitability. in the year to February 2019.

Innovation 150

Innovation Metro Apple Marketing 150

PYMNTS

DECEMBER 9, 2016

Breaches may seem like a daily part of life in the information age, but as Intel noted in a recent whitepaper titled “Beyond PCI Compliance: Protecting Consumer Data and Brand Reputation,” the data targeted by cyberthieves and at risk is changing. Credit cards fetch $4 to as high as $12. contact-form-7].

Compliance 100

Compliance Data Branding Cards 100

PYMNTS

AUGUST 1, 2018

MGM officials will also reportedly help the league detect fraud and game-fixing. The deal also involves an exclusive branding arrangement: MGM can now use NBA and WNBA logos and team visuals, and craft coordinated marketing efforts. The new venture will have exclusive access to all U.S. Boyd Gaming Partnership.

United States 101

United States Online New York Louisiana 101

PYMNTS

JANUARY 26, 2017

Traditional payments institutions have grown up with strict rules, regulations and standards for processing, said Frechtling. If you don’t have a card network looking over your shoulder, then you don’t go through the same risk procedures,” Frechtling said. G2 found a criminal network operating illegal online pharmacies in Europe.

Bitcoin 100

Bitcoin cryptocurrency Compliance Branding 100

Gonzobanker

DECEMBER 14, 2023

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. The Bank Regulator Working for Merchants Award!

Fintech 194

Fintech Community Regional Technology 194