PYMNTS

DECEMBER 7, 2020

Most are encouraging employees to work from home while also moving their back-office operations online, and payments operations are no exception. RLJ Financial On Managing B2B Spend With Virtual Cards. For more on these and other news items from this space, download this month’s playbook.

Management 268

Management Cards Company Innovation 268

PYMNTS

SEPTEMBER 15, 2020

In an interview with Karen Webster, Vilash Poovala , founder and CEO of FinTech Oyster , said online financial platforms, powered by open banking, can serve as alternatives for business banking in a country where business banking seems an afterthought. As Poovala told Webster: “We had to get a debit card by actually creating our own startup.

System 258

System Operations Fintech Taxes 258

PYMNTS

JANUARY 19, 2021

Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. A great example would be buy online, pick up in-store," noted Bachalli. We're in the golden age of B2B eCommerce," he told PYMNTS in a recent interview.

Online 275

Online Marketing Payments Operations 275

PYMNTS

APRIL 9, 2020

From coordinating a team of newly remote workers to assessing new business models, the coronavirus pandemic is drastically disrupting the way organizations run and it is forcing a complete rethink of almost every aspect of operations — payments included. A Surge In Commercial Card Interest.

Cards 232

Cards Payments Tools Operations 232

PYMNTS

JANUARY 18, 2021

Such touchless payment options are being used alongside traditional ones like credit cards and checks. Such silos prevent treasurers from comprehensively analyzing and gaining insights into companies’ cash flows and expenditures, hindering organizations from operating efficiently and reacting to customers’ needs in an agile manner.

Analytics 319

Analytics Data Risk Management Management 319

PYMNTS

DECEMBER 31, 2020

Key Data Points: Consumers are performing 12 percent more activities at home in 2020 than they did in 2019 and making purchases during 12 percent of those activities, on average. Key Data Points: 46 percent of SMBs experienced an increase in demand for their products or services. Key Data Points: It takes only 78.5

Data 277

Data Innovation Payments Millennials 277

PYMNTS

SEPTEMBER 26, 2019

Indonesia -based Traveloka has partnered with Bank BRI on a credit card for Indonesia’s unbanked. Speaking at a conference in Singapore, Traveloka Group of Operations President Henry Hendrawan said the company is working to solve the “pain points” of Indonesians — most notably that many citizens are unbanked.

Cards 158

Cards Conference Capital Online 158

PYMNTS

NOVEMBER 30, 2020

State mandates have also forced some businesses to close or limit on-premises operations, prompting such merchants to connect with consumers online instead. Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Virtual Card Payment Trends.

Cards 151

Cards Security ATM Data 151

PYMNTS

MAY 27, 2020

Among the numerous ways small businesses have been affected by the global pandemic, the sudden race to launch online operations has been among the most profound — and may ultimately be among the most long-lasting changes to the SMB community. “It does seem absolutely logical, up until the point that you start calculating costs.”

Online 179

Online Payments User Experience How To 179

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. Virtual cards can improve accounts payable (AP) processes, benefiting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows.

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

Fraud 131

Fraud Cards Tools ATM 131

PYMNTS

OCTOBER 22, 2020

That] keeps them from getting in trouble with the card brands, and obviously avoids the significant costs that come along with fighting, investigating and resolving chargebacks. s struggles toward universal adoption in the European Union is reminiscent of EMV chip cards’ rise — a similar journey that aimed to solve a different fraud problem.

Fraud 221

Fraud Online Security Cards 221

PYMNTS

JANUARY 22, 2019

Financial Innovation Now (FIN) submitted a public letter in December, contending that the Fed was best-positioned to operate a ubiquitous, interoperable real-time payments network. Online retailers are forecasted to open hundreds of stores, and Brandless has rolled out a subscription service. All this, Today in Data.

Data 167

Data Payments Innovation Study 167

PYMNTS

JANUARY 13, 2021

All eyes are on the small business community in the commercial card world as industry players increasingly explore how card products can help Main Street recovery and stay in business. Small Business Card Use On The Rise. Use of a charge card similarly grew year over year from 23 percent to 31 percent.

Cards 167

Cards Apple FDIC Samsung 167

PYMNTS

JANUARY 13, 2021

Experts predicted that up to $190 billion would be spent online this year, a 35.8 The prevalence of online commerce opens new doors for digital fraud, however, both from career fraudsters and opportunistic customers. Phishing scams were on the rise all year, while a survey of online shoppers found that 40.3

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

JULY 12, 2020

Delivery startup Dunzo , India’s food and grocery delivery service backed Google , has suffered a data breach, The News Minute reported. Dunzo has launched an internal investigation, the online news service reported. The company operates in Bengaluru, Delhi, Gurugram, Pune, Chennai, Jaipur, Mumbai and Hyderabad, Money Control reported.

Google 200

Google Data Security Course 200

PYMNTS

APRIL 23, 2020

In an interview with PYMNTS, RS2 Software Chief Commercial Officer Bjorn Ovick said ISVs and PayFacs can “fast track” value for their merchants by leveraging data in new and proactive ways. And then with payment itself, you’re not handing over a card.”. It’s tough [to] use data off of reactive buying,” said Ovick. “So,

Data 185

Data Software Trends Payments 185

PYMNTS

JULY 6, 2020

According to analysts with Bank of America, even as the market begins to recover and people go out more often, the tendency to buy more online might stick, Bloomberg reported. Recent sector data makes us more confident that Brazilian eCommerce growth could deliver on high expectations,” the June 3 report said, according to Bloomberg.

Online 150

Online America Groups Analysis 150

PYMNTS

JANUARY 11, 2021

That network, in combination with Equifax, will use advanced technologies to connect data “signals” that stem from 32 billion online interactions, five billion annual transactions and 17 billion unique devices across the globe, as the company said in its announcement tied to the acquisition.

Fraud 158

Fraud Online ATM United States 158

PYMNTS

JULY 15, 2020

Medical data theft is perhaps the ugliest kind. PYMNTS’ July 2020 Digital Identity Tracker® done in collaboration with Jumio , offers a variety of useful perspectives on, and solutions for, medical data theft as it mutates post-pandemic. They should. Medical Records = Dark Web Gold. Healthcare providers in the U.S.

Data 146

Data Compliance Regulation Meeting 146

PYMNTS

DECEMBER 22, 2020

Italian consumers are embracing a new government program aimed at boosting retail sales while tamping down on tax evasion that allows buyers to receive a 10% refund on card payments made in stores. At the same time, commercial credit cards’ cash advances dropped 14 percent last year. The program, which began on Dec.

Cards 188

Cards Payments Taxes Study 188

PYMNTS

JUNE 19, 2018

Get a toehold in a consumer’s account with a card and whammo, here comes EMV. As Matt Mills, chief commercial officer at Featurespace , told Karen Webster in the latest Data Drivers, for financial institutions, the efforts to blunt the bad guys is akin to a game of whack-a-mole. Data Point Number One: 81 percent.

Fraud 138

Fraud Analytics Online Cards 138

PYMNTS

SEPTEMBER 19, 2018

Newegg, the electronics retailer, was reportedly the victim of a data breach that lasted a month. According to a news outlet citing RiskIQ Threat Researcher Yonathan Klijnsma, the research found that hackers installed 15 lines of card skimming code on Newegg’s payments page, which stayed on the site from Aug. 14 through Sept.

Data 161

Data Detroit Retail Cards 161

PYMNTS

FEBRUARY 3, 2020

tech firms’ dominance across online platforms, and the collection and use of data. The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. million credit card customers.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

APRIL 9, 2020

In Australia, the commercial card market is one example of how bureaucracy and legacy process have stifled access to important SMB financial services, despite a continued surge in banking innovation and digitization. “People don’t just want a physical credit card to swipe at the shops,” he said.

Cards 150

Cards System Innovation Analytics 150

PYMNTS

JUNE 9, 2020

To that end, in an interview with PYMNTS, Kevin Hughes , aggregation product manager at Fiserv , said that data — specifically data aggregation tied to open banking — remains key to adding new solutions to banking platforms. The Importance Of Data. Data, of course, is critical in making sure such online activity runs smoothly.

Data 151

Data Security Online User Experience 151

PYMNTS

MAY 19, 2020

The FTC alleged the Utah-based company operated deceptive trial memberships and bogus government grant and money-making schemes in 2010. I Works asked consumers to provide their credit or debit card information to pay a $1.99 The FTC’s new interactive dashboards for refund data provide a state-by-state breakdown of FTC refunds.

Online 179

Online Utah Cards Operations 179

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

AUGUST 15, 2019

Des Moines, Iowa-based supermarket chain Hy-Vee said credit card information for an undisclosed number of customers were exposed in a data breach, according to reports. “Hy-Vee Hy-Vee takes the security of payment card data very seriously,” the company said in a statement on its website. “We

Cards 118

Cards Iowa System Data 118

PYMNTS

DECEMBER 10, 2018

Walmart Makes It Easy to Shop Online While in Store. Consumers looking for a specific product they can’t find in-store can now ask an associate to help them find the item online via an in-store device. In the press release announcing the new feature, Walmart noted that customers can pay via cash, check, credit card or Walmart Pay.

Cards 134

Cards Data Seattle San Francisco 134

Abrigo

DECEMBER 17, 2019

Carding shops offer bulk sales on compromised payment card data. Carding shops are underground marketplaces that traffic in compromised payment card data. These marketplaces facilitate the movement of compromised payment card data from hackers to fraudsters, often across faraway geographies.

Fraud 307

Fraud Tools social media Cards 307

PYMNTS

MAY 2, 2017

Credit card fraud is a fact that will likely continue to plague retailers for the foreseeable future. It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. What happened was exactly what was expected.

Fraud 150

Fraud Data Cards Retail 150

PYMNTS

APRIL 23, 2019

Allied Irish Banks (AIB) and First Data have teamed up to buy a majority stake in card payment company Payzone for 100 million euros ($113 million), according to a news release. In other First Data news , the Department of Justice (DOJ) has requested more information from First Data as well as Fiserv ahead of a proposed merger.

Data 176

Data Payments Company Retail 176

PYMNTS

JANUARY 27, 2020

It’s amazing how much of the industry still operates with fax — it’s expensive, and it’s wasteful.”. As a platform designed to assess and display an SMB borrower’s most appropriate financing options, from cards to loans, Nav positions itself as a facilitator of transparency for SMBs. The Close Ties of Cash Flow and Funding.

Lending 157

Lending Online Capital Data 157

Perficient

APRIL 4, 2022

While mobile has long been a part of the carrier offering – pay a bill, get an ID card, file a claim – this survey reflects the evolution of insurers from transactional into personalized servicing. 1) Know Me – Data & Analytics Relevant to the Customer. We also help them achieve enterprise-wide operational excellence.?

Mobile 294

Mobile Survey User Experience Analytics 294

PYMNTS

APRIL 5, 2018

Sears, the department store operator, and Delta Air Lines, the airline operator, disclosed Wednesday (April 4) that payment information of some of their customers could have been exposed as part of a data breach at [24]7.ai, ai, the software provider. According to a report in Reuters citing the companies, [24]7.ai,

Data 110

Data Cards Security Operations 110

PYMNTS

AUGUST 29, 2018

Air Canada, the Canadian airline operator, confirmed to TechCrunch on Wednesday (August 29) that its mobile app suffered a data breach. According to news from the site, Air Canada said the data breach of its mobile app affected approximately 20,000 people — or about 1 percent of the 1.7 million people who use the app.

Data 101

Data Mobile Cards Operations 101