PYMNTS

NOVEMBER 16, 2020

In an interview with PYMNTS, Ragan said technology developments have enhanced the industry’s fraud-fighting strategies, but customer awareness is still a critical component of preventing bad actors from succeeding. Leveraging Advanced Technologies. Bancorp, which is the parent company of U.S. At The Consumer Level.

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Fraud Strategy social media United States 295

PYMNTS

JANUARY 22, 2021

As with any payment method, fraud attacks and human errors can upend customer experiences unless companies have strong security strategies in place. Alvarez explained in a recent PYMNTS interview how effectively securing real-time transactions requires thorough contingency planning and advanced customer verification methods.

Security 141

Security Fraud Tools Customer Experience 141

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133

PYMNTS

NOVEMBER 8, 2016

Given the staggering volume that comes through in the banking industry, it would follow that securing those accounts would be imperative, especially in the wake of the seemingly innumerable data breaches worldwide. There is, of course, no global standard on identity verification. Europe’s adoption of the 4.1

Security 186

Security Mobile Course Data 186

PYMNTS

SEPTEMBER 14, 2016

Virtual cards have a dirty, little secret , and the B2B payments space is beginning to catch on: For a technology that’s touted as an all-electronic way for corporates to pay, virtual cards sure do involve a lot of paper. Finally, email has caught up with greater security needs.

Cards 100

Cards Security Payments Technology 100

PYMNTS

JUNE 24, 2020

Those less tech-savvy individuals represent juicy targets for fraudsters, who have been fine-tuning card-not-present (CNP) schemes to work across all manner of channels during the pandemic as we wield smartphones to make transactions or bank over the phone. All is not lost, of course, for the banks that want to protect their customers.

Fraud 262

Fraud Security Cards Course 262

PYMNTS

FEBRUARY 21, 2018

Beware the credit card test. There may be no escaping credit card fraud, as it comes in one form or another. Overall, one subset of card fraud is on the rise: Last year, Radial’s eCommerce Fraud Technology Lab said credit card testing was up triple-digit percentage points on an annualized basis.

Cards 156

Cards Fraud Data System 156

Bussman Advisory

OCTOBER 7, 2023

Gain insights into disruptive technologies, industry updates, and success stories from our portfolio companies. Source Samsung’s IoT-Trackable Credit Card: Samsung unveils revolutionary card that can be physically tracked Samsung has unveiled a unique credit card in South Korea that can be tracked using its SmartThings Find service.

Metro 52

Metro blockchain Cards Samsung 52

PYMNTS

JANUARY 14, 2020

As reported last year, the major networks – including American Express, Visa, Mastercard and Discover – said they would implement the EMV Secure Remote Commerce standard, with click-to-pay technology, with wide availability beginning in 2020. Click-to-pay is interoperable with the EMVCo tokenization and the 3-D Secure specifications.

New York 170

New York Security Cards Retail 170

PYMNTS

DECEMBER 7, 2017

Equifax , of course, is among only the latest of the headline-grabbers. And though the web may offer convenience, it offers not much in the way of security. The insanity element is that we keep adding a security product here and a security product there, and the hackers overcome that as well,” Volmar said of online banking. “You

Security 101

Security Online blockchain Fraud 101

PYMNTS

JANUARY 28, 2021

It also represents a chance for convenience stores to embrace advanced payments technology and contactless payments, which have been accelerated by the pandemic. Data matter, of course, and Koscheski stated that offering rewards in a contextual way in real time is happening one step at a time. They just want convenience.

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Course Data Mobile Cards 311

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption. Sophisticated Threats.

Security 100

Security CA Payments Big Data 100

PYMNTS

MARCH 28, 2017

Adoption of virtual cards in B2B payments is gradually increasing as companies take to the greater security and convenience of the tool. But as with any payment technology, gaining traction can be an uphill battle. Among the biggest hurdle is suppliers that don’t accept cards as payment. The reason?

Cards 100

Cards Payments Training Security 100

PYMNTS

AUGUST 24, 2017

3D-Secure 2.0 In this case, though, that upgrade comes to a security protocol designed to strengthen security around online credit card transactions, but which has seen little change since its inception 17 years ago. and CA Technologies to give it an overhaul. Frictionless/Dynamic Customer Challenge Technologies.

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Security CA User Experience Mobile 102

PYMNTS

JUNE 19, 2020

Universality is, well, universally, desired in business — particularly when it comes to technology and especially when it comes to person-to-person (P2P) payments. The Open Payments Coalition has said the IDs would be operational across networks and would eschew common staples of payments such as credit cards and bank routing numbers.

Payments 265

Payments ATM Course cryptocurrency 265

PYMNTS

DECEMBER 23, 2020

The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. Creating A Balance.

Fintech 322

Fintech Cards FDIC Lending 322

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. It was never meant to be shorthand for, well, you – proving that you are who you say you are, serving as a gateway to all manner of sensitive data and, of course, financial accounts. That is what happens when politicians create rules,” Madhu said.

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Security Data Fraud Regulation 109

South State Correspondent

FEBRUARY 22, 2024

Of course, the situation gets worse as most banks, other than real estate, don’t invest with a ten-year or longer horizon. After adjusting for risk and cost, individual securities and loans perform approximately the same. Securities add no long-term value while loans contribute about 10% ( HERE ) to value.

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PYMNTS

AUGUST 14, 2020

It looks like a race is shaping up to determine the future management of General Motors ’ credit card business. However, the Journal cited unnamed sources as saying that the London-based Barclays is also bidding for GM’s card business, while current issuer Capital One is unlikely to let the account go without a fight.

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Cards Apple Google Technology 245

PYMNTS

JULY 23, 2018

This one may be familiar: Wide receiver and cryptographer walk into a bar and … set the data security landscape on its ear. Neal himself had been hacked while in college and became interested in data security and technology. Keep the key untouchable, then the end result is enhanced security across any number of avenues.

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Dallas Security Data Company 134

PYMNTS

FEBRUARY 21, 2019

Security and technology consulting company Accutive is rolling out a new solution designed to give enterprises an alternative to data encryption to protect sensitive information. In a press release on Wednesday (Feb. 20), Accutive said it is launching its Data Discovery and Data Masking solutions.

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Compliance Data Security Training 128

PYMNTS

MARCH 26, 2020

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. The modernization aspect could be, ‘how do I get my card to all of the digital commerce platforms and stored on file?’” Davis told PYMNTS.

Community 247

Community Community Bank Mobile Cards 247

PYMNTS

NOVEMBER 11, 2020

The flow simplifies virtual card delivery, putting payment information and billing instruction straight into the booking system of a property. With Conferma Pay Connect, payment is securely delivered to a hotel’s existing computer system, excluding the need for email and outdated fax technology.

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Meeting System Cards Course 130

PYMNTS

JUNE 19, 2020

Security Save Of The Week: Blocking The Biggest DDoS Attack Attempt Ever . Incremental additions from Shopify would of course move the needle quite a bit. Walmart this week purchased key assets from Seattle health-technology platform CareZone for a reported $200 million or so. billion in the quarter ended May 1.

Security 141

Security Georgia Branding Course 141

Gonzobanker

SEPTEMBER 14, 2023

Heck, Apple reported in August that it secured more than $10 billion in deposits with its savings product in partnership with Goldman Sachs. The how, of course, is tricky. According to an American Banker article (subscription required), it takes 400 years for a debit card to degrade. It doesn’t end here, of course.

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How To New Hampshire Oklahoma Fintech 109

PYMNTS

AUGUST 21, 2020

And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use cases to get there. Earlier this month, as PYMNTS noted , the Federal Reserve said its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

Boston 269

Boston Massachusetts Knowledge Base Policies 269

PYMNTS

JUNE 22, 2020

Bad actors, are, increasingly, targeting online card applications, using stolen personally identifiable information to apply for credit, leveraging those ill-gotten credit lines to make fraudulent purchases. A poor customer experience can cause FIs and enterprises to lose customers, of course.

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Fraud Cards Risk Management Customer Experience 193

NCR

NOVEMBER 24, 2017

Contactless payments technology has come a long way in the last few years, particularly in markets such as the UK, where strong efforts have been made to embrace the technology and provide the necessary supporting infrastructure. According to the UK Cards Association , there were 108.4 So where next for the technology?

Technology 79

Technology Cards Payments Retail 79

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. There also tend to be many different card processors and different kinds of payment methods. There also tend to be many different card processors and different kinds of payment methods.

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Company Fintech Payments Software 209

PYMNTS

MAY 10, 2018

If the longest journey begins with a simple step, might the streamlined journey begin with a simple tap of the card? Late April saw the debut of the HOLO card, used for Oahu Transit, a project in which the cards are to be used across the system’s busses and a rail system being built out over the next several years.

Hawaii 100

Hawaii Cards Honolulu San Francisco 100

PYMNTS

JULY 17, 2019

China represents what he termed a “world of its own,” marked by mature and advanced technology unseen anywhere else in the world. Beyond the technological advances, of course, China’s push toward a digital economy comes as the government has also digitalized the national ID card, which must be wielded by every citizen over the age of 16.

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Course Regional Policies Data 185

NCR

AUGUST 15, 2017

If minimum security requirements are what financial institutions are aiming for, we as an industry are doing it wrong. The security of our customers’ private information and cash should be our greatest focus. As a result, we need to do much better at what the industry calls its minimum security requirement.

Security 73

Security Innovation Industry blockchain 73

PYMNTS

DECEMBER 6, 2018

Ron Plesco, principal of Cyber Security, and Bob Ruark, principal of Banking and Financial Services Strategy and KPMG’s FinTech leader in the U.S. That doesn’t mean all is hopeless, of course. You need layers of security,” he noted. The antidote? All of our clients are moving toward that.”.

Fraud 133

Fraud Payments Security Cyber Security 133

FICO

JANUARY 22, 2021

But despite the COVID pandemic having effected massive changes in the ways consumers transact, credit card fraud is still a “thing,” and a big, ever-changing thing at that. Exactly how big credit card fraud is depends on where you look. Credit card fraud was the FTC’s second most-reported fraud type in 2019.

Fraud 52

Fraud Cards Trends Report 52

NCR

MARCH 4, 2016

EMV cards are spreading and now account for one in three card-present transactions globally, according to latest data from EMVCo. Between July 2014 and June 2015, 97 percent of all card-present payments used EMV technology. By October, 60 per cent of US cardholders had received an EMV card from their issuer.

Cards 40

Cards Technology Payments US 40

PYMNTS

DECEMBER 4, 2020

In just one of the most recent announcements , Stripe said it is partnering with several large banks to offer financial services via Stripe Treasury to offer debit cards and bank accounts to online merchants and other enterprises. The banks signing on to the new offering include marquee names such as Goldman Sachs, Barclays and Citigroup.

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Lending Meeting User Experience Innovation 224

PYMNTS

JANUARY 24, 2019

Those questions also speak to the seemingly impossible tension in the world of payments and new card accounts: how to onboard and authenticate consumers as quickly and seamlessly as possible, while also protecting them and the institution from fraud. Hint: The criminals know the difference.) Fraud Getting Worse.

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Fraud Cards Data Comparison 174