PYMNTS

JUNE 25, 2020

Plus, California seeks a court order to make Uber and Lyft classify drivers as employees. California Seeks Court Order To Make Uber, Lyft Drivers Employees. In response, Uber has said more than 158,000 Uber drivers in California would lose work if the reclassification happens. Samsung Electronics Co.

New York 248

New York cryptocurrency Regulation Samsung 248

PYMNTS

DECEMBER 10, 2019

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. Our team worked in close coordination with the Lumin Digital team to execute a well-orchestrated conversion for our members.

Security 130

Security Illinois User Experience Digital Banking 130

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches. Nium Uses Cards For Credit.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

APRIL 28, 2020

Financial institutions (FIs) are now working to extend services into customers’ homes, for example, and consumers are making fewer credit card payments amid uncertainty over what their employment statuses and budgets might be when the bills come due. The Paytm cards can be used both in-store and online.

Digital Banking 238

Digital Banking Los Angeles Cards California 238

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

DECEMBER 4, 2020

Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online. and EEA consumer cards and a 2.8 percent fee for all other cards. banking license in California. The product will feature a 1.3

San Francisco 184

San Francisco California Cards Online 184

PYMNTS

JANUARY 19, 2021

Studies showed that many consumers in the United States have begun tapping their debit cards more often for payments, for example, with one report finding that debit use rose about 6 percent year over year. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards.

Fraud 155

Fraud Tools Mobile North Carolina 155

CFPB Monitor

JULY 2, 2021

Phil Yannella, Ballard Spahr litigation partner and Practice Leader of Ballard’s Privacy & Data Security Group, recently authored a treatise on data breach and privacy litigation. Ballard Privacy & Data Security Partners Kim Phan and Greg Szewczyk are contributing authors. Despite renewed focus by the U.S.

Data 148

Data Illinois Security California 148

PYMNTS

JULY 27, 2016

Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,

Fraud 100

Fraud Cards South Dakota West Virginia 100

PYMNTS

APRIL 15, 2020

The FTC says the top categories of these scams entail travel and vacation-related items, online shopping and bogus text messaging, along with “all kinds of imposters.” According to the FTC, there have been 18,235 reports of fraudulent activity or fraud attempts related to the coronavirus since Jan. In total, people have lost $13.44

Fraud 217

Fraud Report Nevada Florida 217

PYMNTS

NOVEMBER 16, 2020

Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones.

Fraud 178

Fraud US Mobile Las Vegas 178

PYMNTS

DECEMBER 22, 2020

It also examines what tools companies can tap to make these payments swiftly and securely. Virtual cards are seeing growing interest from B2B companies during the ongoing pandemic because they allow businesses to make and receive payments digitally with an additional layer of security. Around The Global B2B Payments World.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

MARCH 7, 2019

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. The hearing took place at a time of increasing scrutiny for online privacy and security. firms were falling victim to online attacks, noting that there were 1,200 data breaches in the U.S.

Data 177

Data Security National Online 177

PYMNTS

NOVEMBER 6, 2019

Regulators, as well as merchants, are also looking for ways to break the news to end customers, who may be less aware of SCA’s potential effects on their online purchases than their financial institutions. The European Commission recently determined that SCA will still apply to EU customers who make online purchases from U.K.

Compliance 111

Compliance Regulation California Online 111

PYMNTS

JUNE 27, 2019

For better authentication, financial institutions (FIs) are experimenting with artificial intelligence (AI) and biometrics, attempting to create security measures that don’t frustrate consumers. In the latest Digital Banking Tracker™ , PYMNTS examines how banks are innovating to address these security vulnerabilities.

Customer Experience 109

Customer Experience Digital Banking Innovation Security 109

PYMNTS

JULY 15, 2020

Medical records command a high value on the dark web and can be listed for 10 times more than the average credit card data breach record. There is a practice to solve this issue — a Know Your Patient strategy, which starts at the account opening stage,” Philipp Pointner , chief product officer at Jumio, told PYMNTS.

Data 146

Data Compliance Regulation Meeting 146

PYMNTS

JANUARY 13, 2020

And beginning earlier in the month, new laws seek to tackle “rogue traders and online tricksters,” as denounced in a statement by Vera Jourova, the EU’s commissioner for values and transparency. That applies, too, to online ticket sales. A California CFPB? million payment card details found their way into the hackers’ hands.

Data 131

Data social media Regulation California 131

PYMNTS

JUNE 19, 2019

To stay competitive, many CUs are turning to data analytics to improve their operations in a number of areas, such as faster transactions and improved security. To counter this, AARP recently launched BankSafe, an online training platform, to help FI employees more effectively assist elderly customers. percent from the year prior.

Analytics 131

Analytics Video blockchain Training 131

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment.

Capital 174

Capital Lending Cards cryptocurrency 174

PYMNTS

MARCH 25, 2019

Unfortunately, Apple didn’t announce a lot of details other than the name and that it will be available in the fall with online and offline viewing,” according to one on-scene round-up of the Apple event. “It Online Gaming. Magazine Subscriptions. According to the Global Games Market Report from Newzoo , “2.3

Apple 100

Apple Retail California social media 100

PYMNTS

MARCH 30, 2020

To that end, Chief Information Officer Dave Stafford and Chief Information Security Officer David Bryant of PSCU , a credit union service organization, told PYMTNS that trust and collaboration are key among the efforts to protect consumers. They are likely living life, now more than ever, online. “As

Tools 143

Tools Fraud Data Security 143

PYMNTS

NOVEMBER 7, 2019

PSPs face complexities when building secure, satisfactory payment experiences for European customers, as countries’ approaches to implementing SCA requirements differ. Merchants in California, for example, are bracing as the state prepares to launch its California Consumer Privacy Act (CCPA), due to debut in January.

Regulation 123

Regulation Survey California Retail 123

PYMNTS

NOVEMBER 18, 2020

to provide its dispute management solutions to the latter’s security platform. Card network Mastercard and California-based AI and speech recognition company SoundHound have partnered to establish a voice-based, drive-thru solution for quick-service restaurants (QSRs).

Boston 186

Boston Fraud Marketing Mobile 186

PYMNTS

JUNE 1, 2020

i2c’s McCarthy noted that looking back over the past 10 years, “I wouldn’t have believed the types of structural changes we’ve seen” where the advent of PayPal, Zelle, contactless cards, and mergers and acquisitions that have created companies with full suites of payment products have made the shift easier.

Payments 172

Payments Fraud Security Technology 172

PYMNTS

MAY 22, 2020

While enabling SMBs to navigate the pandemic’s cash flow constraints through access to funds is key, investors showed interest in a variety of financing options, from invoice financing to trade finance to commercial credit cards. India-based Xtracap secured $1 million in angel funding, YourStory reported. Xtracap Fintech.

Capital 141

Capital Analytics Fintech Report 141

PYMNTS

OCTOBER 23, 2018

Scotland, meanwhile, is looking to distributed ledger technologies (DLTs) to develop secure digital identity credentials. The country’s government recently announced a partnership with California-based firm Everest Technologies. Europe isn’t alone in its pursuit of digitizing identification, though — just ask Indonesia.

Trends 134

Trends blockchain California Security 134

CFPB Monitor

SEPTEMBER 11, 2018

It appears likely that California Governor Jerry Brown will sign a bill passed on August 31 by the state’s Senate, Senate Bill 1235, which would create consumer-style disclosure requirements for certain commercial loans and other finance products, such as merchant cash advances and factoring transactions.

CA 60

CA California Lending Security 60

Banking 2020

JULY 29, 2015

Given the targeted activism of hackers who have seen quick successes in massive hacks, now more than ever, banking security has been questioned. The trust that people have in banks comes in question even when a minor discrepancy is seen in a bank’s standards of security. Train employees and customers.

Security 40

Security Analytics Cards Training 40

PYMNTS

OCTOBER 4, 2019

An Egyptian firm landed the MENA region’s largest-ever seed round, a California company proved U.S.-based million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. See all of the latest B2B fundraises below. Australia’s ANZ Bank led a $1.56

Capital 128

Capital Lending California Regional 128

CFPB Monitor

OCTOBER 31, 2022

A “covered data provider” is (1) a “financial institution” as defined in Regulation E with respect to an “account” as defined in Regulation E, or (2) a Regulation Z “card issuer” with respect to “a credit card account under open-end (not home-secured) consumer credit plan” as that term is defined in Regulation Z.

Data 78

Data Compliance Regulation Policies 78

PYMNTS

JANUARY 18, 2020

More impressive, according to shop owner Aquila Brown, the burglar managed to avoid ever directly looking at the security cameras, and managed to locate the cash register instantly, despite the fact that it had been recently relocated in the shop. And he wasn’t the only thief with a talent issue.

Retail 147

Retail Colorado Cards Resources 147

PYMNTS

JUNE 27, 2016

filed criminal charges against a man accused of hacking into the bank and credit card accounts of celebrities from February 2012 to January 2015. The victim data that was compromised includes Social Security numbers, names and birthdates, but none of the victims were actually identified in the court documents, Reuters said.

Data 101

Data Payments Google California 101

PYMNTS

JULY 20, 2018

While Florida’s Fattmerchant provides consumer payment capabilities, enabling merchants to accept present and not-present card transactions, the company also focuses on back-end services to help these business customers manage and assess the strength of their companies. The rundown of the latest funding rounds is below. Fattmerchant.

Analytics 105

Analytics Capital Tools California 105

PYMNTS

OCTOBER 23, 2017

The Security Love Triangle. Security, Ersell said, is an old business, and it’s still ruled by the same love triangle of warring priorities: security, convenience and resources. saving money) over security. They’re using weak passwords – oftentimes, the same weak password for all of their online accounts.

Fraud 133

Fraud San Jose Security Data 133

PYMNTS

FEBRUARY 13, 2020

The conversation came against a backdrop where NCR has been moving more deeply into mobile and online banking. Among the key focal points for NCR looking ahead lies expanding card management and commerce capabilities. It’s really about extending out the capability of your card to the commerce ecosystem,” he said.

Millennials 231

Millennials Digital Banking Mobile Course 231

PYMNTS

AUGUST 16, 2018

To that end, Home Depot has been installing lockers in many of its locations to allow customers who place online orders to easily pick up their merchandise at the store. Approximately 48 percent of American consumers expect their online orders to be delivered faster in 2018 than they did in 2016, according to the PYMNTS Omni Usage Report.

Dallas 106

Dallas Las Vegas Fort Worth Atlanta 106

PYMNTS

AUGUST 5, 2019

That new industry is growing, and new services, including online ordering and delivery, are rising to meet consumer demands for legal pot. But federal law still views marijuana as an illegal substance, which prevents most financial institutions, payment card networks and other providers from taking part in those sales.

Company 163

Company Payments Fraud Meeting 163