PYMNTS

DECEMBER 21, 2020

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp.

Cards 175

Cards Payments Tools Examples 175

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. One example of this effort, which we expect to see more of in 2023, is biometric payments.

Industry 471

Industry Trends social media Payments 471

PYMNTS

DECEMBER 9, 2020

As corporate card innovation accelerates, new paths to adoption emerge. Visa To Support USDC Card Payments. Visa To Support USDC Card Payments. Dollar Coin (USDC), Visa is reportedly planning to support USDC payments via its corporate card products. Adflex Drives Card Adoption Within Supply Chains.

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Cards Innovation Management Payments 191

PYMNTS

DECEMBER 3, 2020

Might mobile payments help revolutionize corporate cards? As a result, he said, many firms pivoted quickly toward card payments. “It Cards, of course, are also inherently vulnerable to fraudsters’ attacks. Cards, of course, are also inherently vulnerable to fraudsters’ attacks. It’s low touch, it’s auditable and quick.

Cards 213

Cards Mobile Payments Course 213

PYMNTS

NOVEMBER 23, 2020

Speaking with PYMNTS, Innes described how the virtual card is sometimes an optimal payment method to optimize payment flows and support the cash flow of both ends of the B2B transaction. The Virtual Card Value Prop. Providing Choice. As such, Innes emphasized the importance of optionality.

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Cards Company Payments Industry 193

PYMNTS

SEPTEMBER 9, 2020

Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. Almost 65 percent of FIs said in a recent survey that their customers are now making more CNP payments, for example.

Cards 162

Cards Fraud Retail Security 162

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Onboarding , for example, can take weeks.” Traditionally, the benefits of card and check payments have resided on the buyer side of the equation at the expense of suppliers.

Cards 234

Cards Payments Management Security 234

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P. Following The Consumer Trend.

Mobile 211

Mobile Cards Samsung America 211

Bank Innovation

JUNE 26, 2019

For customers who lose their debit cards, a visit to a nearby branch is often the quickest way to resolve the situation. The challenge is banks are less likely to do this anymore (JPMorgan Chase, for example, stopped issuing debit cards in branches two years ago, citing a fraud risk), and customers often have to […].

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Cards Fraud Examples America 199

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

APRIL 1, 2020

billion non-prepaid debit card transactions in 2018, solidifying debit as a staple payment type. They insert or swipe their debit cards at stores’ point-of-sale (POS) devices — or key in details online — and maybe enter PINs, but the behind-the-scenes processes through which transactions are routed are kept invisible. shoppers made 72.7

Cards 141

Cards Payments Security Fraud 141

PYMNTS

JANUARY 22, 2020

billion chip-enabled consumer cards — credit and debit — are now in use across the world, according to EMVCo , the industry standard organization. Globally, more than 75 percent of all cards are now enabled with EMV chip technology. A multi-layered security approach is critical to thwarting crime and fraud in the digital space.

Cards 131

Cards Fraud Payments ATM 131

PYMNTS

APRIL 15, 2020

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself in a position to support SMBs and their cash flow needs, too. Boost Finds A Surge In Corporate Card Interest. Visa Fuels Supplier Card Acceptance.

Cards 156

Cards Analytics Payments Management 156

PYMNTS

MAY 16, 2019

These mobile controls, however, also offer consumers a powerful tool for dealing with arguably higher stakes: the risk of credit card fraud. Location controls can be used to prevent merchants from charging consumers’ credit cards if their smartphones aren’t close by, and restrict purchases to a particular geographic area or country.

Fraud 193

Fraud Cards Mobile Tools 193

PYMNTS

DECEMBER 9, 2020

Bringing Virtual Cards To A Virtual B2B World. Businesses have long relied on traditional tools, such as credit cards, to manage business expenses. Credit cards may seem convenient, but using them often results in challenges when reconciling transactions and fixing errors. Such details can also be tracked faster.

Cards 155

Cards Management Tools Payments 155

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Meet the 2021 Cardholder.

Cards 151

Cards Mobile Groups Tools 151

PYMNTS

DECEMBER 11, 2019

adults to possess a credit card , so the warp-speed adoption of mobile card apps has been a comparative blur. In surveying mobile card app usage for the December 2019 Bridging the Gap: Mobile Card App Adoption Report , PYMNTS found a vibrant, growing payments ecosystem. Mobile card app adopters are an enthusiastic bunch.

Mobile 132

Mobile Cards Survey Millennials 132

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Security 174

Security Fintech Data Fraud 174

PYMNTS

MARCH 30, 2020

Customer loyalty and FinTech Paytronix wrote a blog post about the benefits of gift cards for restaurants, which can help ease the burden many are facing during the ongoing coronavirus crisis. The answer for many has been simple: Promote gift cards.”.

Cards 141

Cards social media Guidelines Fintech 141

PYMNTS

JULY 14, 2020

PYMNTS research has shown that approximately 40 percent of consumers would be very interested in downloading highly functional mobile card apps that can be used to manage multiple cards, track spending and issue transaction alerts, among many other features. There is an important underlying dimension to these findings, however.

Cards 197

Cards Mobile Groups Survey 197

PYMNTS

NOVEMBER 9, 2016

Enter 3-D Secure 2.0. Specification, a messaging protocol that allows consumers to be authenticated to card issuers during card-not-present transactions. That authentication can also extend to activities that are decidedly non-payment in nature, such as when an individual adds a payment card to his or her digital wallet.

Security 190

Security Payments CA Technology 190

PYMNTS

NOVEMBER 20, 2020

Firms recognize that not all employees can receive payments into bank accounts, and these companies must therefore provide secure, convenient alternatives. percent of American households were unbanked, for example. It found that just 2 percent of respondents offered payroll cards in 2014, but that this figure had risen to 28.5

Cards 197

Cards Tools Survey Payments 197

PYMNTS

SEPTEMBER 11, 2019

Nicolas Dinh , chief operating officer of year-old Canadian financial startup STACK , recently spoke with PYMNTS about the key forms of fraud that nascent mobile financial services firms face and how companies can leverage security technologies and partnerships to gain customers’ trust. Partnering With Established Players.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

JUNE 6, 2019

In the latest Disbursements Tracker , PYMNTS explores how banks and card providers are approaching payment innovations to keep pace with consumer demand, and to better protect against fraudsters. Why Cash Security Deposits Should Be the Exception to the Rule. Around the Disbursements World. Though regulators and banks in the U.S.

Security 162

Security social media Innovation Regional 162

PYMNTS

SEPTEMBER 10, 2019

The September AML/KYC Tracker examines the latest fraud challenges and efforts to ensure tight security and compliance. . How Mobile Financial Startups Can Bridge the Security Gap. Strong AML procedures, for example, require analyzing and detecting meaningful patterns in vast collections of data. Around the AML/KYC Worl d.

Security 185

Security Fintech Fraud Compliance 185

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. Security challenges are mounting, too.

Fraud 273

Fraud Strategy Security Cards 273

PYMNTS

JUNE 21, 2019

Southwest Airlines is introducing a credit card for small business owners aimed at enhanced travel rewards. Business Insider reported Thursday (June 20) that Southwest announced the Southwest Rapid Rewards Performance Business Card, offering small business users 80,000 Rapid Rewards points when they spend $5,000 in the first three months.

Cards 120

Cards social media Examples Innovation 120

BankBazaar

MAY 4, 2023

Choosing the right Credit Card can be overwhelming with the sheer number of options currently available. Not only do they provide convenience and security, but they also offer rewards and perks that can save you money in the long run. However, selecting the right Credit Card can be a daunting task.

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Cards US Examples Security 78

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.

Security 131

Security Fraud Analytics Tools 131

PYMNTS

MAY 1, 2020

Many CUs are doubling down on their efforts to digitize their services in a secure manner. Establishing methods that replace face-to-face banking transactions with secure alternatives is an important need during these changing times, Vas Nunes noted. This turned out to be a win-win for our members and our staff.”

Arizona 159

Arizona Security Cards Phoenix 159

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

AUGUST 1, 2019

Stitch Fix Kids , for example, sends out a selection of kids’ clothing each month, while GiftLit focuses on curated children’s books. Such boxes represent a small segment of the broader subscription market, but they face the same challenges, including fraud attempts like card-and-wallet tests and account takeovers (ATOs).

Security 108

Security Cards Fraud Survey 108

PYMNTS

OCTOBER 19, 2018

And the farmer who uses drones to help monitor operations – yet may not be able (or might not know how) to take steps needed to secure his or her server – is rendered vulnerable. Despite the advent of chip technology in credit cards, which has improved security, bad actors continually look to circumvent systems in place.

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Study Security Survey Data 191

PYMNTS

AUGUST 21, 2019

One way to cut the paper chase is for companies to embrace commercial card products, which can speed payments and aggregate information alongside those payments, while reducing errors and eliminating security risks typically associated with ACH transactions. He offered an example in which a U.S. in such adoption.

Cards 146

Cards Payments United States America 146

PYMNTS

NOVEMBER 5, 2020

Many companies are becoming interested in replacing paper check payments with those conducted via virtual cards or other means, according to Meitra Aycock , senior vice president of corporate payment operations at B2B payments solutions provider Comdata. How Virtual Cards Help Build Better Construction Pr ocurement.

Cards 160

Cards Payments Groups Tools 160

PYMNTS

MARCH 11, 2020

B2B FinTechs are once again showing off the versatility of the corporate card. While QuickBooks is piloting card payments on invoices powered by PayPal , Airwallex is readying the launch of its own corporate card — both physical and virtual — designed to enable cross-border payments. QuickBooks Adds Card Payment Support.

Cards 130

Cards Capital Fintech Tools 130

PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. Clicking can initiate malicious attacks and spyware that can steal passwords, credit card numbers and other data from browsers.

Analytics 141

Analytics Data Security San Diego 141