PYMNTS

NOVEMBER 30, 2020

Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach. Virtual Card Payment Trends. Netspend observed many more of its prepaid card customers activate virtual wallet capabilities during the pandemic.

Cards 151

Cards Security ATM Data 151

PYMNTS

JANUARY 15, 2021

In the inaugural QR Code Payments Tracker® , PYMNTS explores the latest in the world of QR codes, including new implementations at retailers and payment providers, the security concerns facing this payment method, and the pandemic’s effect on the development and rollout of QR code-enabled payment options. Retail Environment.

Retail 207

Retail Security Payments United States 207

PYMNTS

DECEMBER 12, 2017

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. They say gift cards are the gift that always fits. I feel like I could’ve found a way around any rule they make,” Ashlee Smith, 24, told CNBC.

Retail 105

Retail Fraud Cards Florida 105

PYMNTS

DECEMBER 13, 2016

With headquarters in King Of Prussia, Pennsylvania, Radial provides major brands and merchants with fraud, payments and tax solutions, as well as a host of other commerce technology solutions. “We We’ve settled into providing services as a payments and fraud business.”. Radial knows a thing or two about fighting fraud. “We’ve

Fraud 100

Fraud Virgin Islands Pennsylvania Taxes 100

PYMNTS

MAY 12, 2016

Online merchants know very well that fraud costs them in many ways – in chargebacks, in false positives, in the friction that’s introduced at checkout that can cost a sale. But there’s nothing like putting the cost of fraud into the parlance that merchants know really well: units sold. Kount: Calculating The 9 Deadly Costs Of Fraud.

Fraud 100

Fraud Taxes Online Report 100

PYMNTS

SEPTEMBER 18, 2018

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. Simmons was ordered to pay $15,000.

Taxes 134

Taxes Fraud Operations Security 134

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Gift Cards’ New Unfavorable Fans. As of September 2018, losses from gift-card fraud have hit $53 million.

Data 134

Data Fraud Cards Regulation 134

PYMNTS

MAY 8, 2018

The decision is intended to both prevent fraud and reduce errors, the retailer said. The news comes as major retailers like Target , Home Depot , Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend.

Tennessee 101

Tennessee Policies Retail Fraud 101

Tomorrow's Transactions

OCTOBER 5, 2016

So we can see that in the US, as in the UK and many other countries, the rise of contactless and mobile payments means that the use of cash for retail transactions is falling steadily. Is card fraud really a barrier to cashlessness? Contactless transactions have now reached £2 billion per month in the UK.) But I digress.

Fraud 54

Fraud Cards America US 54

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. Luckily for Johnson, he’d discovered tax fraud by then.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

NOVEMBER 4, 2019

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes.

Fraud 101

Fraud Pennsylvania Data Cards 101

PYMNTS

JUNE 13, 2019

The tokenization helps sidestep the vulnerabilities to fraud that exist when sending checks, ACH and wire transfers. As noted in Retail Dive, the two companies said in a press release that Visa banking and FinTech partners will have the option to use Currencycloud’s cloud-based payments platform. Separately, and beyond the U.S.,

Charlotte 189

Charlotte Payments Taxes Compliance 189

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Fraud prevention tools. Virtual card issuance. Business lending and corporate cards. Broadly enabling online commerce. rate per transaction.

Online 98

Online Company Retail Payments 98

South State Correspondent

OCTOBER 4, 2023

Maybe technology and maybe fraud, but other than that, it is hard to duplicate that success rate. Build a campaign to acquire new customers or, at a minimum, remind your current customers to save for taxes, incentive compensation, emergencies, or any number of other items. The same is true after getting a tax refund or estate windfall.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

JUNE 29, 2020

With the Wealthfront mobile app, customers with direct deposit can get paid up to two days early, as well as set up direct deposit for other payments like a tax refund or company expenses. A debit card can now be added to the Wealthfront Cash Account to make purchases and get cash from a nationwide network of fee-free ATMs.

Fintech 151

Fintech California New York ATM 151

MyBankTracker

DECEMBER 29, 2020

Charging everyday purchases to a credit card could be rewarding if you’re earning points on what you spend. The Citi Premier Card is designed for spenders who want to earn ThankYou points on groceries, dining, gas and everything in between. While the annual fee is low you may prefer a card with no annual fee at all.

Cards 52

Cards Capital Comparison Examples 52

MyBankTracker

JUNE 12, 2020

A prepaid debit card is an excellent way to teach your children how to manage money. Kids as young as 12 can get a card in their own name, funded by you – or even by their own part-time job – then spend within certain limits determined by you. Best Prepaid Debit Cards for Teenagers. Monthly Fee: $0.

Cards 52

Cards ATM Online Mobile 52

PYMNTS

NOVEMBER 16, 2017

These retail products are sourced from around the world to help customers discover new items they haven’t seen before. And the team got another crash course in tax compliance after the first year, when a lack of planning left them scrambling at tax season to hunt down information and vendors — some of whom had since gone out of business.

Taxes 115

Taxes Compliance Course Payments 115

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

PYMNTS

OCTOBER 7, 2020

Online retail has exploded in popularity over the past 20 years, with online giants like Amazon, eBay and big-box retailers’ marketplaces becoming consumers’ go-to alternatives to brick-and-mortar merchants. The eCommerce industry is expected to generate $4.5 The eCommerce industry is expected to generate $4.5

Payments 171

Payments Analytics Online Retail 171

PYMNTS

DECEMBER 27, 2016

Snapdeal, the online retailer in India, has the answer to the cash crisis going on in the country: door-to-door delivery of cash. As reported by the BBC, taking those notes out of the financial system represented an effort to stymie fraud efforts, corruption and what the BBC noted as “illegal cash holdings.”

Taxes 108

Taxes Maine Online Retail 108

Gonzobanker

JUNE 16, 2022

In 2020, Aspiration initiated two new programs: Plant Your Change , which plants a tree for every purchase by rounding up to the nearest dollar, and Planet Protection , which makes Aspiration customers’ driving carbon neutral by calculating off their debit card gas purchases. African Americans. LGBTQ+ consumers.

Fintech 146

Fintech Apple Cards Data 146

PYMNTS

FEBRUARY 18, 2019

We had roughly 340 execs register to listen live to the two of us banter about the people, processes and tech necessary to do more than simply rebrand what’s typically described as the fraud and risk departments of digital platforms. percent of all retail sales to 6.4 percent of retail sales and 50 percent of all eCommerce sales.

Cards 169

Cards Course Study New York 169

Independent Banker

JULY 30, 2015

In Texas, data security, debit card surcharges and compensation for records searches become legislative issues. Some of the most pressing issues this year involved data security breaches, patent trolls, debit card surcharges and reimbursements for litigation records search requests. A $50 civil penalty, per card, is also included.

Data 70

Data Texas Community Bank Taxes 70

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. Card giant Mastercard has estimated that just 25 percent of those in Europe are actually fully aware of SCA. Retail Sales: Rally 1.6

social media 125

social media Online Regulation Taxes 125

PYMNTS

FEBRUARY 7, 2020

Patrons must be assured that creators will use their funding for additional projects, and that transactions will be protected from rising fraud threats impacting platforms worldwide. They set up creator pages and add a slew of illegitimate patrons, who then pay the false creator with stolen credit card data.

San Francisco 141

San Francisco Video Taxes Software 141

PYMNTS

FEBRUARY 15, 2019

Stuart Appelbaum, president of the Retail, Wholesale, and Department Store Union, said he believed that they had exited the meeting with a framework in place for creating just such a process. Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register.

New York 115

New York New York City Virginia Nashville 115

PYMNTS

MARCH 29, 2018

Emailage stopped almost twice as much potential fraud in 2017 as in the previous year. billion in potential fraud was prevented, compared to last year’s $1 billion. Every retail process can be automated — yes, including chargeback mitigation. With $180 billion in transactions running through the system, $1.8 To improve, the No.

cryptocurrency 109

cryptocurrency Regional Bitcoin Cards 109

Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. First, there was the drama leading up to the breakup with the rich hottie. Thankfully, there was still a smartphone and social media to commiserate.

Fintech 184

Fintech Lending Software Compliance 184

PYMNTS

JANUARY 25, 2019

Picture an HVAC maintenance firm that needs to buy equipment before installing it into a building, or the retailer that wants to buy a truckload of sweaters, anticipating the coming season’s “must have” offering. Credit can bridge the gap as companies run their day-to-day operations, and help them capture top- and bottom-line growth.

Retail 159

Retail Capital Data Payments 159

PYMNTS

OCTOBER 14, 2016

With the holiday shopping season nearly in swing, retail shoppers in the U.S. Shipments need to arrive well in advance of the peak rush so that retailers can display their products and warehouses can have access to the shipments for distribution in local markets, he said. Untapped X-Border Opportunities.

Operations 100

Operations Payments Retail Fraud 100

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”.

Branding 322

Branding Taxes Fraud Regulation 322

Fintech Labs Insights

APRIL 12, 2022

We’ve been on both sides of the table, 25 years running a small business, 5 years working in a bank, and 25 years advising banks on their digital retail banking and lending services. Bullet-proof fraud protection (no cap in maximum dollars*). Fraud transaction scans. Debit card. Card processing*. Bill payment*.

Digital Banking 15

Digital Banking Lending Fraud Cards 15

Celent Banking

JUNE 5, 2015

Another case arises when consumers have high interest rate credit card debt. Anchoring on credit card disclosures is very powerful. Initial experiences with the new credit card disclosures shows that borrowers are anchoring on the minimum payment figure, and on occasion paying less each month than they otherwise would.

Conference 100

Conference Taxes User Experience Nebraska 100

PYMNTS

AUGUST 3, 2017

Turns out Everlast, perhaps the marquee name in boxing equipment, was punching above its weight … at least when it came to the fight against online fraud. Picture an 107-year-old retail juggernaut, iconic in name but perhaps a bit dated in business processes, battling against online scammers, chargebacks and general inefficiencies.

Fraud 129

Fraud Online Retail Taxes 129

NCR

DECEMBER 19, 2016

From the gradual adjustment to EMV chip card technology in the US to the ongoing growth of fintechs and challenger banks, 2016 has been a big year for the financial services sector. EMV chip technology for credit and debit cards was rolled out in the US in October 2015. Getting onboard with EMV. Unpredictability in payments.

blockchain 40

blockchain Fraud Fintech Cards 40

PYMNTS

JANUARY 31, 2020

For Chinese consumers, the partnership will allow any UnionPay consumer to link their card credentials to a PayPal wallet — and start transactions with PayPal’s 24 million merchants worldwide. That is a lot more than the card networks have right now.”. But in the long term, that isn’t going to disrupt the banks.

Bitcoin 100

Bitcoin Payments Los Angeles blockchain 100