PYMNTS

APRIL 23, 2020

Stripe , the San Francisco digital payment platform popular with Shopify, Instacart and other major online retailers, announced major updates to its software on Thursday (April 23) that will connect users directly with Mastercard, Visa and the world’s other top credit card networks. billion this year.

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PYMNTS

APRIL 26, 2017

After its launch in 2011, HiGear, a San Francisco, Calif.–based The company’s successful start caught the attention of fraudsters who made off with $400,000 worth of luxury cars with stolen identities and credit cards. billion by 2024, continues to experience similar fraud attacks. Then suddenly, it hit a wall.

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PYMNTS

JULY 24, 2020

In a post on its website, Instacart said its investigation concluded the San Francisco-based company was not compromised. This information was not uniformly pulled for every impacted customer, and no credit card data was compromised as Instacart does not store full credit card information.”. Instacart , the U.S.

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PYMNTS

APRIL 22, 2016

Regardless of the company, its industry, its customers or location, online fraud remains top of mind. The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year.

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Fraud Idaho Innovation San Francisco 100

PYMNTS

JANUARY 28, 2020

The company is up against competitors like San Francisco-based Stripe. The company launched a new payment service last February, an open banking service that will provide an alternative to card-based payments. Adyen had an initial public offering (IPO) in June 2018, and since then has increased its shares by threefold.

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PYMNTS

JANUARY 28, 2020

The company is up against competitors like San Francisco-based Stripe. The company launched a new payment service last February, an open banking service that will provide an alternative to card-based payments. Adyen had an initial public offering (IPO) in June 2018, and since then has increased its shares by threefold.

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PYMNTS

MARCH 18, 2020

The group injected malicious credit card-skimming malware on the blender maker’s payment pages and swiped personal details like card numbers, names, billing addresses, expiration dates and card verification numbers. The San Francisco-based startup said it detects multiple Magecart breaches every 60 minutes.

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San Francisco Groups Cards Security 140

PYMNTS

AUGUST 5, 2019

We’ve checked all the accounts that have been affected by this bug thoroughly, and confirmed the information hasn’t been used to commit fraud,” Monzo said on its blog. You can do this by putting your Monzo card into the cash machine, entering your old PIN and choosing ‘PIN services.’ “No one outside Monzo had access to these PINs.

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PYMNTS

SEPTEMBER 13, 2017

The startup is not in the business of tracking down fraudsters who may be using stolen or synthetic IDs to open new credit card accounts. It aims to flesh out operations in the areas where it already has a presence — that is, London; San Paolo, Brazil; Mexico City; Colombia; San Francisco and Greece. First, on Oct.

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Las Vegas Fintech San Francisco Arizona 118

PYMNTS

FEBRUARY 19, 2019

Further proof of that came recently from a young company based in San Francisco called Castle , which helps eCommerce operators such as Touch of Modern and Rue La La to defend against that type of fraud. Fraud Prevention Innovation. Fraud Case Study. Castle, founded in 2015, said it has raised $9.2

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Retail Fraud Case Study San Francisco 118

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. Stripe has announced that Stripe Terminal , a set of SDKs, APIs, and pre-certified card readers that lets users accept in-person payments, is now available all over the United States.

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San Francisco Fraud United States Google 100

PYMNTS

JUNE 14, 2019

Coverage includes Visa’s new B2B push, new trackers and research on fraud and digital ID, Uber financial services and Mastercard’s biometric vision. Stripe has announced that Stripe Terminal , a set of SDKs, APIs, and pre-certified card readers that lets users accept in-person payments, is now available all over the United States.

San Francisco 100

San Francisco Fraud United States Google 100

PYMNTS

MARCH 19, 2019

Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation. Violations after that would be subject to the New Jersey Consumer Fraud Act and fines could be as high as $20,000.

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PYMNTS

JUNE 11, 2020

payment industry processes, in any given year, 25 million card disputes, and there are tens of billions of card transactions a year, and you get a sense of magnitude. The pivots toward work from home and card not present transactions also introduce new avenues of opportunity for fraudsters. Consider the fact that the U.S.

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San Francisco Cards Industry US 132

PYMNTS

JULY 16, 2019

Aavgo , a hospitality tech company based in San Francisco, secured a server it had left online without a password after TechCrunch reached out to the firm. Fortunately, there was no financial information in the database aside from the credit card issuer. million bookings a year.

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Data San Francisco Texas Security 115

PYMNTS

JUNE 13, 2019

Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. San Francisco took this rule a step further last month and banned all government use of facial recognition cameras. More than 4.5 Such systems have run into regulatory trouble in the U.S., with the U.S.

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PYMNTS

JUNE 6, 2017

From some guy’s garage in San Francisco, a group of math nerds has grown into one of the world’s finest-tuned machine learning operations. SigOpt now helps optimize fraud detection and investments like beer brewing and even the manufacturing of synthetic rhino horns. PYMNTS: Can you explain the business?

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PYMNTS

MAY 17, 2017

According to a report in KrebsOnSecurity , the San Francisco–based company said the data that was stolen was only user email addresses. A complete forensic analysis has confirmed that only email addresses were accessed; no names, physical addresses, passwords, Social Security numbers, credit card data or other information was accessed.

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San Francisco Security Data Analysis 101

PYMNTS

APRIL 15, 2019

To help build customer loyalty, eCommerce and brick-and-mortar retailers have a myriad of tools on hand: Cashiers can sign customers up for loyalty cards at brick-and-mortar stores, and eCommerce sites can send customers special offers and coupons by email. The machine also has a 21-inch screen that allows consumers to interact.

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PYMNTS

JULY 26, 2019

Uber is testing various discounts in different cities, including San Francisco and Chicago. Nevada Marijuana Dispensary Uses Food Trucks to Sidestep Cards Regs. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards.

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PYMNTS

AUGUST 31, 2018

But it’s only a prototype — one invented by high school seniors in the San Francisco Bay area — that could one day change how blind consumers handle payments and commerce, along with other daily tasks. The general idea behind putting payment capabilities on the device is to make sure armband wearers “can use payment cards safely.”.

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Payments San Francisco California Technology 171

PYMNTS

JUNE 28, 2019

The $5 million Series A investment for San Francisco-based Car IQ will be used to help the company accelerate development of its payment gateway that enables vehicles to autonomously connect with bank payment networks.

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Capital Analytics San Francisco Lending 108

PYMNTS

MAY 4, 2016

Sometimes, the card gets declined, the consumer gets frustrated, moves on and the merchant misses the sale. Now, if there was legitimately something amiss with the card — it happened to be stolen, for example — then that rejection is a good thing, because, by rejecting the transaction, the merchant avoids the dreaded chargeback.

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San Francisco Cards Maine Fraud 100

PYMNTS

FEBRUARY 7, 2020

The San Francisco-based company recently announced it has paid out more than$1 billion to creators via 4 million patrons. “On 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.

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San Francisco Video Taxes Software 141

PYMNTS

MARCH 1, 2019

Socure provides cloud-based fraud prevention and identity verification functionality to its business customers, and said in its announcement it plans to use the funding to focus on sales, marketing, research and customer support team expansion. growth trajectory, particularly in the healthcare and public sectors.

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Security Capital Analytics Software 189

FICO

JANUARY 30, 2017

I talked about using the FICO fraud data consortium to determine when data shifts can invalidate the models and, more menacing, when these shifts reveal subtle new fraud patterns that can indicate the work of fraudsters and cyber criminals, who know how to go “low and slow” to evade detection.

Analytics 40

Analytics San Francisco Cyber Security Fraud 40

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

PYMNTS

APRIL 7, 2017

The world’s largest card network showed up again in the news cycle earlier this week with another big pair-up play: jointly announcing with PayPal their plans for extending their strategic partnership in the Asia-Pacific market. Last week, Visa and Samsung announced a joint partnership that will allow Samsung Pay users in the U.S.

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Samsung San Francisco Alaska Mobile 100

PYMNTS

OCTOBER 1, 2018

The SEC found LCA, LendingClub and Laplanche guilty of fraud for improperly using LCA assets to benefit LendingClub Corporation, LCA’s parent company for which Laplanche was both founder and CEO. The SEC Finding. LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. The Aftershocks.

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Lending Fraud Management San Francisco 135

Fintech Labs Insights

AUGUST 4, 2015

The improvements to its credit card rewards maximization service give users a more complete view of their daily finances. Spend Monitor provides a quick view of their credit card spending, making it easy to track finances and identify changes in spending behavior. Depicts where and how users could have earned more rewards.

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Cards San Francisco California Video 12

Fintech Labs Insights

OCTOBER 4, 2015

Join Markit in San Francisco for FinDEVr 2015 this week. WorldPay investigates using facial recognition technology to combat card fraud. See WorldPay at FinDEVr 2015 in San Francisco. Markit completes its acquisition of CoreOne.

San Francisco 12

San Francisco Fraud Digital Banking Cards 12

Gonzobanker

DECEMBER 14, 2023

In addition, it has has opened more than 400,000 debit cards and is opening as many as 75,000 per month, creating a whole other disruption risk we need to discuss. Venmo and Cash App have moved to add merchant adoption as the big revenue opportunity for their growth and the potential for alternative payments displacing cards is real.

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Fintech Labs Insights

APRIL 13, 2016

The company made its FinDEVr debut at FinDEVr San Francisco 2015. Meanwhile, Finovate alum Signifyd said that the fraud prevention app it released on Monday will be the “first and only fraud prevention app” available via Magento’s platform.

Taxes 12

Taxes Fraud San Jose San Francisco 12

PYMNTS

JANUARY 6, 2020

ISOs sold terminals and card processing, mostly to brick-and-mortar merchants. Square was a newbie, largely written off as a wrought-with-fraud business model that would never survive and scale. Uber was a San Francisco-based on-demand black car service. Chip cards didn’t exist in the U.S.

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Innovation Mobile Software San Francisco 176

PYMNTS

AUGUST 23, 2017

Recent research by San Francisco-based cyber security company RiskIQ , aggregated in the company’s 2017 State of Enterprise Digital Defense Report , shows 68 percent of corporate decision-makers have little to no confidence in this area. Those sites are then duped into shipping out merchandise purchased using stolen credit card data.

Mobile 102

Mobile San Francisco Tools Security 102

Fintech Labs Insights

FEBRUARY 17, 2016

The latest from FinDEVr San Francisco 2015 presenters: Aerospike unveils version 3.7 Mitek to combine its Mobile Verify solution with fraud prevention and risk management technology from IdentityMind Global. Provides Access To Credit Card Advice in the Browser. Developer news: The Personal Finance Operating System.

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San Francisco New York Risk Management Fraud 12

FICO

OCTOBER 7, 2022

Buy Now, Pay Later: BNPL Fraud and Regulatory Update. Buy now, pay later or BNPL financing is experiencing tremendous growth, but that growth can bring potential growing pains like fraud and regulatory scrutiny. As payments professionals well know, change creates opportunities for fraud. Meanwhile … BNPL Fraud Is on the Rise.

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Fraud South Carolina San Francisco Regulation 52