PYMNTS

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said. That’s never going to stop.

Security 131

Security Fraud Analytics Tools 131

PYMNTS

JULY 12, 2020

While it said users’ credit card numbers were not accessed, the company has not provided how many customers could have been impacted. Dunzo said it has taken steps to secure the gaps in its system and added additional layers of security protocols.

Google 200

Google Data Security Course 200

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. For more on these and other digital-first banking news items, download this month’s Tracker. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

APRIL 9, 2020

The cybercriminals demanded $6 million in ransom with a promise that they would not release the sensitive information of Travelex customers, including birthdates and credit card numbers. They claimed to have birthdates, credit card information and national insurance numbers and demanded the $6 million payment.

Report 279

Report Groups Data Cards 279

PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

Cards 147

Cards Study Maine Payments 147

PYMNTS

FEBRUARY 27, 2020

The United States federal government issues Social Security benefits to recipients’ reloadable debit cards, for example, thus giving unbanked residents a faster, more secure alternative to receiving payments via paper checks. Not all SMBs have the funds to develop software that would let them accept debit card payments, however.

Cards 142

Cards United States Security Payments 142

PYMNTS

OCTOBER 19, 2016

18) that it and Verifone, a player in payments and commerce solutions, have developed a solution to enable merchants using Verifone Commander Site Controller to offer their customers an electronic punch card loyalty program. Excentus said it will host a portal for merchants to join and create a digital punch card program.

Cards 100

Cards Retail Mobile Apple 100

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. Do not download or use suspicious-looking apps as a tool for investing unless you can verify the app’s legitimacy. billion in fraud losses in 2022.

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Fraud cryptocurrency Training social media 195

Abrigo

APRIL 25, 2024

At the same time, 59% pursued credit to meet operating expenses. It is essential for banks and credit unions to adjust lending and underwriting strategies to secure profitable new or expanded business loans with acceptable risk. You might also like this guide for smarter, faster small business lending.

Lending 221

Lending Trends Capital Strategy 221

PYMNTS

JUNE 30, 2017

Cybercrime isn’t always about stealing credit card data. While few computer users opt for a Linux operating system, almost every consumer has an Internet of Things (IoT)-enabled device (or 10) that runs on it, from webcams and DVRs in the home to point-of-sale terminals and ATMs in businesses. “If Linux Malware Threats.

Security 137

Security Report Software System 137

PYMNTS

JANUARY 27, 2017

As if Yahoo didn’t have enough on its plate, the tech company is now facing a probe from the Securities and Exchange Commission as to whether or not it could have acted more promptly in response to two massive data breaches that left over a billion customers’ information compromised. may actually be putting users’ security at risk.

Security 100

Security Data US Trends 100

FICO

APRIL 7, 2022

This blog discusses another crucial aspect of financial services, which is secure digital banking and the fundamental duty of banks to make customers feel that their assets are safe. Customers expect financial institutions to provide an ample amount of security and protection. Give customers more control. Bank of America [Example]. "We

Digital Banking 52

Digital Banking Security Fraud America 52

PYMNTS

JANUARY 8, 2019

As fraudsters grow bolder, these brands are racing to implement new fraud protection services, as more instances of identity theft, digital payments fraud and gift card fraud emerge. credit card losses will exceed $12 billion. Any measure of security introduces friction. By 2020, it’s estimated that U.S. About The Tracker.

Fraud 166

Fraud Retail Security Branding 166

PYMNTS

JANUARY 13, 2021

percent had falsely claimed a charge on their credit card was fraudulent to score a refund. eCommerce consumers said security is important when shopping, and 83 percent said that transparent fraud protection information plays a large role in deciding which eTailer to do business with. A survey found that 92 percent of U.S.

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

DECEMBER 16, 2020

For more on these and other mobile order-ahead news items, download this month’s Tracker. In this month’s Feature Story, Eric Jaffe , co-founder and chief operating officer of ChowNow , explains how independent restaurants can improve their security capabilities and protect their bottom lines by avoiding hefty commission fees. .

Fraud 310

Fraud social media Mobile Trends 310

Abrigo

JANUARY 24, 2024

DOWNLOAD Takeaway 1 Preventing fraud is a top concern of credit unions considering adopting FedNow, the new instant payments infrastructure from the Federal Reserve. A second fraud management and prevention consideration for credit unions is that FedNow will operate around the clock every day of the year.

Fraud 221

Fraud Payments Software Policies 221

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. For more on these and other credit union news items, download this month’s Tracker. Deep Dive: CU-issued Credit Cards Face an Uphill Battle.

Analytics 131

Analytics Video blockchain Training 131

PYMNTS

NOVEMBER 11, 2019

The November AML/KYC Tracker® details the latest security regulation changes, as well as how companies are leveraging new technologies to remain compliant and strengthen their fraud protections. System integration provider NEC XON is also looking into biometric KYC for mobile network operators and financial institutions (FIs).

Video 161

Video Fraud Compliance Security 161

PYMNTS

SEPTEMBER 24, 2020

Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. The digital methods suit remote purchasing environments and offer security features that can make it difficult for fraudsters to use stolen card details.

Report 269

Report Payments Tools Video 269

PYMNTS

JULY 24, 2016

Businesses of all kinds are racing to reward customers for their loyalty with gift cards, sales and other offers. But, while they often may seem like sweet and simple purchases, there’s a lot that can go into turning gift cards, rewards, and other promotions into profitable and meaningful transactions. Accepted by (almost) everyone.

Cards 100

Cards Mobile System Branding 100

PYMNTS

JANUARY 26, 2021

Looking ahead at 2021, positive signs are on the horizon for the industry despite strains on CU operations due to the pandemic. Los Angeles-based immigrant-focused technology solution provider Welcome Technologies has announced that it has selected PSCU to provide processing and support services for its first credit card offering.

Tools 276

Tools Los Angeles New Jersey Trends 276

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. To find more on these and the rest of the latest headlines, download the Report. However, the transition into eCommerce is not without challenges.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 13, 2017

The emergence of APIs is doing more than just changing the way banks and FinTechs operate. Across the B2B space, several companies recently launched services to help businesses with a wide range of payment-related needs, from securing cash flows to integrating new B2B solutions. To read the story, download the latest Tracker. .

Trends 192

Trends blockchain Fintech Innovation 192

PYMNTS

FEBRUARY 24, 2020

For more on these and other mobile order-ahead news items, download the Tracker. Chang’s Director of Digital Marketing Whitney French about how the chain overcame its security obstacles, and how its mobile ordering offerings are increasingly affecting its in-store operations. . About the Tracker.

Data 214

Data Fraud Mobile Florida 214

PYMNTS

AUGUST 3, 2018

In the latest Mobile Point-of-Sale Tracker , PYMNTS reports on how mPOS solutions are entering new markets around the globe, and how players in the space are working to make sure they also become more secure as they become increasingly popular. Around the mPOS World. Meanwhile, other players in the space are unveiling their first mPOS forays.

Trends 105

Trends Massachusetts United States Boston 105

PYMNTS

DECEMBER 12, 2018

However, with so much sensitive information being transferred with each transaction, the need to keep the data secure has never been greater. In the new Smarter Payments Tracker , PYMNTS explores the latest efforts by banks and businesses to keep payments data secure from fraudsters, cybercriminals and other bad actors. Even the U.S.

Report 165

Report Payments Data Illinois 165

PYMNTS

FEBRUARY 14, 2019

The company said the hackers weren’t able to steal any credit card numbers or passwords, and added that it has hired forensic security experts to determine how the hackers got access. We also recommend avoiding clicking on links or downloading attachments from suspicious emails.”.

Meeting 122

Meeting Data Report Online 122

PYMNTS

NOVEMBER 18, 2020

The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions. The November Mobile Order-Ahead Tracker® explores the impact of AI and how eateries are using the technology to ease their operations, personalize customer offers and fight fraud.

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Boston Fraud Marketing Mobile 186

PYMNTS

MAY 23, 2018

And with that, governments and security solution providers are stepping into the fray with the aim of combatting fraudsters. In the May Digital Identity Tracker , PYMNTS examines how players from around the space are looking to safeguard consumers, from new security software to newly debuted regulations from governments around the world.

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Trends Strategy Minneapolis Fraud 125

PYMNTS

JANUARY 22, 2019

Maybe one day, quick-service restaurant ( QSR ) operators will look back upon 2019 as their cramming experience when it comes to digital security and fraud prevention. For instance, a QSR brand “will promote and market an app,” then take a measure of joy as downloads run into the hundreds, thousands and perhaps tens of thousands.

How To 144

How To Fraud Online Mobile 144

PYMNTS

JUNE 3, 2020

But as Prideaux noted, that sparks privacy issues for many consumers, particularly in democracies where governments can’t simply order citizens to download tracing apps. Security researchers say it could reveal the location of COVID-19 patients — not only to government authorities but also to any hacker clever enough to exploit its flaws.

Mobile 190

Mobile Fraud Data Course 190

PYMNTS

DECEMBER 26, 2019

To that end, we asked 29 executives from the payments space for their top predictions of what would come to fruition one year from the day you downloaded this eBook. In fact, a time capsule sealed today, with a prediction of what Dec. Underpinning it all, according to our seers, is, of course, technology.

eBook 137

eBook Payments Course Trends 137

PYMNTS

FEBRUARY 27, 2019

The February Faster Payments Tracker , powered by Fiserv , examines the latest instant payment solutions around the globe, as well as how companies are tapping them to support supply chains and other operations. Deep Dive: Security in the Time of Faster Payments. To read the Deep Dive, download the Tracker. About the Tracker.

Nebraska 144

Nebraska Risk Management Apple Payments 144

Abrigo

MARCH 4, 2022

The most common method for developing a synthetic identity scheme begins with the theft of a Social Security Number (SSN). A recent example of a bust out scheme was a nationwide operation that resulted in a Great Valley, N.Y., Synthetic identity fraud is also the fastest-growing type of financial crime in the U.S. Multiplying.

Fraud 195

Fraud Cards Software Trends 195

PYMNTS

AUGUST 21, 2018

The pumps are often grimy, card readers might not work, the air might be frigid or hot, and there may be an odor associated with rubber, petroleum or refuse. Buying fuel is not a desirable purchase,” said Rod Tos, manager of customer payments and card services for energy provider Chevron. million more downloads annually.

Payments 116

Payments Millennials Study Mobile 116

PYMNTS

MARCH 27, 2019

For more on the latest in sharing economy market trends, download the Playbook. To maximize the availability of its bikes and scooters throughout the 15 countries in which it operates, Lime accepts a wide variety of different payment methods, ranging from cards to mobile wallets. Around the Payments and Platform Economy World.

Payments 145

Payments Case Study Lending Study 145

PYMNTS

DECEMBER 6, 2018

ePayables currently show a great deal of promise, with many businesses looking to incorporate the virtual cards into their B2B operations. They can also benefit by reducing costs and boosting payment speed and security. 65 percent : share of businesses that still have room to optimize B2B operations. About The Report.

Data 124

Data Survey Leadership Technology 124