PYMNTS

JUNE 9, 2020

Those integrated solutions, in turn, allow users to conduct their financial lives with speed, ease and security. He added that there remains heightened sensitivity around security as fraudsters have trained their sights on card-not-present (CNP) fraud, although security concerns have not derailed any projects.

Data 151

Data Security Online User Experience 151

PYMNTS

JANUARY 31, 2018

The survey from that identity assurance provider, conducted across 2,000 individuals, found that when it comes to applying for financial products at a financial institution (FI) — from checking accounts to credit cards — 40 percent of those online applications are never finished. And the frustration level has grown.

Online 153

Online Security Course Mobile 153

PYMNTS

NOVEMBER 26, 2019

In recent years, the market has gone from one struggling with high financial illiteracy and limited card acceptance, to a bright spot in Europe for FinTech innovation. Barybin noted that while SatchelPay “completely” understood the bank’s decision, “it was unexpected at the time and, of course, inconvenient.”. The Downside of Success.

Compliance 182

Compliance Regulation Fintech Resources 182

PYMNTS

OCTOBER 2, 2018

Squeezed out of tried-and-true methods of card fraud (thanks in no small part to EMV), the fraudsters are eyeing how to interfere with the money that firms legitimately send in the course of normal, daily business life. Optimizing The User Experience. Too few, and the system lets fraud into the mix, of course.

Fraud 149

Fraud Course System Big Data 149

PYMNTS

JUNE 21, 2017

Yesterday, PayPal announced news that soon, Venmo and PayPal users will be able to send money transfers via its mobile app in a heartbeat to anyone they want — and have the receiver access and use those funds — in a heartbeat — anywhere that Visa and Mastercard debit cards are accepted. So, anywhere. The Power of Ubiquity.

Mobile 134

Mobile Cards Digital Banking User Experience 134

PYMNTS

JULY 15, 2019

Adam Goldman, founder and president of Canadian trading platform Bitbuy, explained how the company has focused on security as it helps its user base purchase, sell and trade cryptocurrencies. “A Traditionally, AML/KYC was a very slow, manual process involving checking potential customers across government watch lists while onboarding.

cryptocurrency 129

cryptocurrency Regulation Guidelines User Experience 129

PYMNTS

JUNE 25, 2019

Banks still currently receive the bulk of such data, however, which puts them in a good position to start experimenting with new revenue models that are more similar to those of technology companies. These firms will then make money by competing on information and user experience rather than through pricing and interest rates, he added.

Fintech 122

Fintech Customer Experience Data User Experience 122

PYMNTS

APRIL 3, 2018

Banking is, of course, about more than account balances. Ideally, those actions should run the gamut of transactions and financial services, across payments and cards. We have to be able to balance delivering clients’ needs on a scale that is convenient for them, while at the same time balancing security.”.

Mobile 124

Mobile Fraud New Mexico Examples 124

PYMNTS

APRIL 30, 2018

trillion; on security-related hardware, software and services at 10 percent a year from a 2018 base of $91.4 Blockchain, of course, isn’t only to blame. They’re also using software and cryptographic techniques and permissioned-based networks to digitize and move assets around the world faster and in a secure, compliant manner.

Fintech 183

Fintech blockchain Lending Digital Banking 183

PYMNTS

JANUARY 28, 2019

And last week in payments and commerce was particularly drizzly — between real money launderers making use of fake video game funds, regulatory fines and earning fumbles, all kinds of players were reaching for their umbrellas over the course of the week. Capital One ’s further reprots domestic card loans increased 8 percent or $5.8

Video 128

Video Data Google Cards 128

PYMNTS

MAY 20, 2020

A vast majority of us, of course, are working from home — perhaps not even our homes, but via shelter-in-place locations with family and friends. The pandemic has paved the way for fraudsters to try new avenues of attack, and is laying bare the limitations of the fraud prevention tools currently deployed. Permanently.

Fraud 208

Fraud Examples Data Tools 208

MyBankTracker

FEBRUARY 23, 2021

This Chime Spending Account review offers a closer look at the features, fees, and overall user experience you can expect when you move your money here. The spending account is a deposit account that comes with: Visa debit card access. With SpotMe, Chime will spot you up to $100 on debit card purchases with no overdraft fees.

ATM 52

ATM Cards Mobile Online 52

PYMNTS

AUGUST 31, 2017

There was, of course, the internet’s go-to solution for unwanted things — Craigslist — but Huzar was looking for a cleaner user experience and a process that was a bit more organized. He thought he could probably build that experience, then spent about five years trying to convince himself not to.

User Experience 127

User Experience Conference Maine Course 127

Banking 2020

AUGUST 27, 2015

According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. Consumers remain largely unaware around the issue of card skimming and even those who are mindful of the risk, don’t believe they are liable for potential losses.

ATM 40

ATM User Experience Fraud UX 40

PYMNTS

SEPTEMBER 12, 2017

MoneyPass, a network of Elan Financial Services , provides ATM and debit card processing solutions for financial institutions, Independent Sales Organizations (ISOs) and retailers. Of course, there are always the unreasonable requests that make compromise impossible and that is just part of business. DM: Two things keep me up at night.

Innovation 122

Innovation ATM Trends Mobile 122

PYMNTS

MARCH 23, 2018

In financial services today, security and innovation can work with each other, and against each other. FinServ cybersecurity is, of course, a prime target for innovation. But customers’ constant demand for cutting-edge products and services is adding to the load of already heavy security burdens.

Innovation 186

Innovation Security Customer Experience Technology 186

PYMNTS

JUNE 27, 2016

Of course, in reality at most of the places in the U.S. People who haven’t tried Apple Pay say they’re satisfied with what they’re using today – which in the day and age of EMV chip cards and dipping and waiting, is, frankly, surprising. Of course, this isn’t how Apple wanted this chapter of the story to be written.

Apple 165

Apple Mobile Cards Payments 165

PYMNTS

OCTOBER 13, 2017

To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. Balance is the only way to boost card revenue. There will be 2.9

Security 108

Security CA Payments Analytics 108

PYMNTS

JUNE 1, 2016

Like most people, I still make the majority of my purchases with credit cards. For the same reasons that it has become one of the most popular mobile payments experiences in the world — it was easy to use, accepted at most Starbucks, and had a rewarding loyalty program. NO, of course not! In the consumer-driven U.S.

Payments 100

Payments Mobile Retail Google 100

Lex Sokolin

SEPTEMBER 3, 2020

Who secures it? And of course, in the spirit of our common interest, how does this impact financial infrastructure? You would not be able to design this user experience, nor this attention platform without a technology footprint that began with cloud computing and the Internet. How does software operate?

blockchain 52

blockchain Software Capital Technology 52

PYMNTS

JUNE 27, 2019

The goal is to create a consistent and ubiquitous user experience across the channels they shop by leveraging the credit and debit relationships already in place with their banks. trillion market in 2017 growing at twice the rate of credit cards. and hopefully expand to the rest of the world from there. “In

Lending 188

Lending User Experience Cards Fintech 188

PYMNTS

DECEMBER 6, 2017

Our generation is a little bit spoiled,” said Bart van Hoek, head of Innovations with UL Transaction Security — and he said that is all the more true with payments tech. The point-of-sale terminal at Walgreens or Kroger must work with a credit card from Chase, a mobile payment, a foreign debit card and more.

Payments 139

Payments User Experience Innovation cryptocurrency 139

PYMNTS

APRIL 2, 2019

Technology, of course, is part of the journey. And it is a very small start … we are in the early days,” Kirsch said, adding that “I don’t think I’ve [ever] seen a case where a PSD2 payment is as convenient to, [say], something like PayPal or credit card. One might know that Open Banking — which launched in the U.K.

Software 165

Software User Experience Security Compliance 165

PYMNTS

JUNE 29, 2017

But over the course of the next ten years, almost everyone got an iPhone — or one of the veritable army of other smartphones that look an awful lot like it. But, of course, here at PYMNTS we’re always interested to know what’s next. And on June 29, 2007, we finally got it. Changing the World. That’s the last 10 years.

Apple 150

Apple Mobile Innovation social media 150

PYMNTS

NOVEMBER 2, 2017

The IoT network must sit on a common infrastructure so that all consumer devices can interact safely, securely and easily with others. That will be built on a hybrid foundation, he said, starting with the traditional infrastructure that’s already in place today — i.e., the credit card transaction rails that are scalable, global and compliant.

UX 111

UX blockchain cryptocurrency Technology 111

PYMNTS

JUNE 28, 2019

He said the transition from physical cash, check and card to more digital means is accelerating. Easier said than done, of course, as the executive noted that challenges and barriers exist to such a shift, tied in part to back office functions and systems, which can be outdated and disjointed. “We User Experience.

Payments 107

Payments Fraud System Fintech 107

PYMNTS

JANUARY 2, 2017

The spring brought coverage of mobile advertising and payments on the go at food trucks as small, smart device-powered businesses, and in the fall, we looked at the biggest trends in digital security at the annual Money20/20 Conference in Las Vegas. His advice for big banks? Shift to a consumer-first approach or risk getting left behind. “We

Retail 123

Retail Millennials blockchain Mobile 123

PYMNTS

APRIL 11, 2018

Know Your Customer is the concept, of course, behind that acronym – namely, knowing the person or entity on both sides of the transaction. When it came to KYC, people and businesses transacted over the counter, literally, and drivers’ licenses and Social Security cards were shorthand for “this is me.” Beyond the buzzword.

Mobile 101

Mobile Regulation Online Tools 101

PYMNTS

APRIL 23, 2018

Traditional acquirers are being marginalized by technology players that provide solutions — not just payments processing — to software platforms who want more control over the end-to-end payments experience for the merchants with which they do business. To name but a few. All of these same forces are disrupting banking and lending.

Retail 117

Retail Maine Lending Software 117

CB Insights

OCTOBER 10, 2017

These companies are making it easier to make a budget, invest, and buy stocks, as well as to get loans and credit cards. The secrets of user growth. To build a successful personal finance management tool, it’s important to understand the dynamics of user acquisition and growth. debit & credit cards. bank accounts.

Tools 78

Tools Millennials US Maine 78

Tomorrow's Transactions

MAY 26, 2020

Now, there could be infinite variations of ‘me’ depending on how much personal information I want to give away; and the degree of assurance the organisation needs to conduct business with me (of course, it’s entirely possible there could be no overlap). True, but I think we need to put the average user front and centre.

Apple 60

Apple Google User Experience US 60

PYMNTS

DECEMBER 5, 2016

The driver of this shift is the mobile device, and the competition is the mobile app with the best user experience, regardless of whose name is on the app and the depth and breadth of products they offer. If your plastic card wasn’t everywhere that a consumer wanted you to be in a store, you were more or less nowhere.

Retail 100

Retail Payments Mobile Innovation 100

PYMNTS

DECEMBER 5, 2016

The driver of this shift is the mobile device and the competition is the mobile app with the best user experience regardless of whose name is on the app and the depth and breadth of products they offer. If your plastic card wasn’t everywhere that a consumer wanted you to be in a store, you were more or less nowhere.

Retail 100

Retail Payments Mobile Innovation 100

CB Insights

OCTOBER 31, 2017

The Pivot : We came up with a fresh take on the plethora of AR-style apps that create visual effects based on face detection and tracking… [Poor user experience] had a big impact on our retention metrics. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts.

Company 78

Company US San Francisco Capital 78