PYMNTS

JULY 15, 2019

The rapid growth of cryptocurrency has come with closer scrutiny and a call for tighter anti-money-laundering (AML), know-your-customer (KYC) regulations. This push for regulations hasn’t come without controversy. Some think they go too far. Friction is dependent on the use case,” he said.

cryptocurrency 129

cryptocurrency Regulation Guidelines User Experience 129

PYMNTS

NOVEMBER 12, 2020

“Joining forces with INFORM, we help our customers speed up the adoption of strong customer authentication for safer online purchases,” Gabriele Boni, global service line cards director at SIA, said in a statement on Thursday (Nov. The initiative will be powered by INFORM’s RiskShield, an advanced risk evaluation solution. billion.

Payments 130

Payments Compliance Fraud User Experience 130

PYMNTS

AUGUST 9, 2019

-based Emerging Payments Association (EPA) published a report on the impact of SCA on the payments experience, and found that 75 percent of issuers said they would be ready by the Sept. Yet this was compliance-ready, not operationally ready. Merchants were still waiting for answers from card acquirers as to what they needed to do.”.

Compliance 152

Compliance Regulation User Experience Retail 152

PYMNTS

DECEMBER 10, 2019

-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. We’re excited to be a part of bringing a better user experience to an underserved market.”.

Payments 131

Payments User Experience Fintech Compliance 131

PYMNTS

JUNE 17, 2019

Open Banking regulations and enable trusted third parties to access a customer’s data based on the account holder’s consent — a key step toward more digital payments innovation. This means the focus as been more on compliance with PDS2 rather than commercialization. The discussion took place as more attention shifts to open banking.

User Experience 196

User Experience Examples Innovation Cards 196

PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Linden unpacked the findings of a recent whitepaper by Paysafe, “ Lost In Transaction: Volume II ,” which showed what consumers really want from their eCommerce experience. What do consumers want? Trust is not always based on facts.

UX 116

UX Security User Experience Millennials 116

PYMNTS

SEPTEMBER 23, 2020

This could also open up a new customer base for digital financial services like payment cards and eWallets. You can have remittance as a first step and subsequently allow [the issuing of] debit cards for migrant workers and they can use [an app] to do their eCommerce shopping — the possibilities are really amazing.”.

Policies 132

Policies Security User Experience Tools 132

Gonzobanker

JANUARY 17, 2020

Banks are most afraid of big tech, just when these players face regulation. However, between anti-trust regulations, algorithm investigations and states focused on privacy (e.g., Mobile adoption is maturing, but the mobile banking experience is still at ground zero.

Customer Experience 126

Customer Experience Fintech Regional Cards 126

FICO

DECEMBER 20, 2022

Credit cards have seen record growth and near-record balances through 2022, and alternative payment methods are booming, including everything from ACH and real-time money transfers to phone-based systems like Apple Pay and Google Pay. Buy-Now-Pay-Later Will Win on Customer Experience but Needs Enhanced Security.

Fraud 52

Fraud Payments South Carolina Compliance 52

NCR

JANUARY 17, 2017

Nonetheless, alternative mechanisms ranging from corporate virtual or physical prepaid cards to e-wallets are finally ready for prime-time and able to achieve the ambitious goal of instant cross-border payments. All players will look for better ways to manage regulatory and compliance processes.

Fintech 40

Fintech Trends Industry Compliance 40

PYMNTS

NOVEMBER 1, 2017

DraftKings’ service, Haas explained, allows users to make payments using credit cards, PayPal or digital wallets, such as Skrill and NETELLER. The idea is to provide fantasy fans a more seamless, enjoyable user experience when using the platform, he said.

Payments 102

Payments Regional America Marketing 102

PYMNTS

JUNE 10, 2016

Currently, Passport accepts all major card types, including Visa and MasterCard, as well as PayPal. The company also has its own mobile wallet, which Powers said allows users to deposit funds into their accounts and then withdraw from that amount to make payments. Compliance and security are two big things for us,” Powers said. “We

Mobile 100

Mobile Payments Training Wisconsin 100

Gonzobanker

AUGUST 31, 2015

Systems like ChexSystems, Check Order, Credit Reports, Debit Card, Online Banking Enrollment require re-entry. Other examples include CIP requirements that go overboard like requiring a paper social security card or risk rating of consumer accounts in the branches. CAUSE SOLUTION. which then creates manual processes and QC.

System 60

System Tools Cards User Experience 60

PYMNTS

JULY 13, 2017

FinTech companies — PayPal, Square, Stripe, WePay — have gravitated toward that model because what they’re innovating on is merchant experience, or user experience,” said Aberman. “In The more seamlessly they can integrate payments into the platform, the better the user experience. Risky Business? Episode Two.

User Experience 108

User Experience Software Compliance Payments 108

PYMNTS

SEPTEMBER 29, 2020

Regulators are also looking more closely at the authentication measures attached to online payments as they continue to jump in volume, meaning merchants must keep pace with new compliance requirements as well as shifting consumer perceptions. Online Payments Drive Privacy Concerns. under the GDPR.

Payments 172

Payments Regulation Online Retail 172

PYMNTS

NOVEMBER 21, 2016

Webster, describing the payments conundrum as the “nasty underbelly of making these payments to any worker in any environment,” suggested it could be summed up in a single word: regulation. Payment regulations, prepaid card regulations, controlled currencies,” Monty began.

Payments 100

Payments New York City Regulation Taxes 100

PYMNTS

JUNE 15, 2018

And you want to combine these traditional forms of payment with new payment technologies like bank cards, and PayPal , and other electronic payments.” ” B2B eCommerce platforms, he continued, “don’t want to only do bank cards, and don’t only want to do bank transfers. They want to combine them.”

Payments 101

Payments User Experience Online Marketing 101

PYMNTS

APRIL 2, 2019

Limited , which offers what is billed as a “turnkey” Open Banking platform that helps banks achieve compliance with the Second Payment Services Directive (PSD2). The March 14 deadline for compliance with PSD2 has, in turn, spurred banks to open up to third parties. That’s according to Steve Kirsch, CEO of Token.io

Software 165

Software User Experience Security Compliance 165

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. The Vanity is Alive Award – Goes to the Chase Sapphire Reserve card that went gangbusters with millennials who were willing to pay a $450 annual fee for a metal travel card. Regulatory “De-Clawing” Award – Goes to the CFPB.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. The Vanity is Alive Award – Goes to the Chase Sapphire Reserve card that went gangbusters with millennials who were willing to pay a $450 annual fee for a metal travel card. Regulatory “De-Clawing” Award – Goes to the CFPB.

Utah 60

Utah System Community Marketing 60

PYMNTS

MARCH 11, 2016

Rao discussed the challenges of regulated global money movement — especially when magnified by a large event like the Olympics. A major challenge Airbnb faces, Rao said – especially in a heavily-regulated country like Brazil – is that the platform uses costly third-party providers for payments.

Regulation 100

Regulation User Experience Payments Compliance 100

PYMNTS

MAY 31, 2018

The European Union’s General Data Protection Regulation (GDPR) went into effect on May 25, and with that, everyone has been worrying about the collection, usage and storage of personal data. End User Experience. Regulations. Kilb described this method as an “ATM approach.”

ATM 109

ATM Data Security Regulation 109

PYMNTS

MAY 4, 2017

Is it a brick they give you to run cards? Wanting to own the end-to-end user experience has required platforms to manage risk in-house, as Shopify and MINDBODY have done. “If you’re a plumber and you’ve gone to the bank to open a merchant account — where do you go from there?” Aberman queried. How are you enabled?

Payments 118

Payments Software Risk Management Operations 118

Fintech Labs Insights

JULY 22, 2015

gives you the ability to extract actionable information from your audio and video to make better decisions, confirm and validate compliance, and understand your media. Why it’s a must-see: Most FinTechs still need banks because of regulation and processing. Fidor Bank provides both regulative support and strong technology.

San Francisco 12

San Francisco Video Fintech Data 12