PYMNTS

MARCH 23, 2020

The operators of the website were accused of “engaging in a wire fraud scheme seeking to profit from the confusion and widespread fear surrounding COVID-19.”. for shipping, and also requested credit card information. Bash from the Western District of Texas said they moved quickly against the site. Attorney John F.

Fraud 154

Fraud Austin Texas Resources 154

PYMNTS

AUGUST 23, 2018

Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed. The company said payment card information — including card numbers — from visitors who went to the restaurants from Nov. 3, 2017, through Jan. 2 2018 may have been affected.

Cards 112

Cards South Carolina North Carolina Nebraska 112

PYMNTS

SEPTEMBER 20, 2018

According to Reuters , the men — Kevin Merrill of Maryland, 53, Jay Ledford of Texas and Nevada, 54, and Cameron Jezierski of Texas, 28 — falsely claimed to be investment professionals and used a fake portfolio to defraud hundreds of investors. Federal prosecutors have charged three men who allegedly ran a $364 million Ponzi scheme.

Baltimore 167

Baltimore Maryland Texas Nevada 167

Payments Source

AUGUST 27, 2018

The Texas bank, which partners with the U.S. Treasury to dispense federal benefits via prepaid cards, is alleged to have dropped the ball as hundreds of cardholders say their money was forwarded to fraudsters posing as them.

Texas 63

Texas Fraud Cards Payments 63

PYMNTS

SEPTEMBER 22, 2020

Plus, Onyx CenterSource has launched a virtual card designed for hospitality and travel clients. TPG of Texas offers payment solutions to over 600 utility firms and governments. Onyx Rolls Out Virtual Card For Hospitality Clients. Onyx CenterSource has rolled out a virtual card meant for travel and hospitality customers.

Groups 156

Groups Payments Texas Community 156

PYMNTS

JUNE 9, 2020

A Texas operator of several payment processing centers has agreed to be permanently banned from the industry in order to settle charges by the Federal Trade Commission (FTC) and the state of Ohio that they unlawfully participated in scams, according to a press release. District Court for the Western District of Texas.

Ohio 130

Ohio Payments Texas Fraud 130

PYMNTS

OCTOBER 7, 2020

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. So, use your credit card to buy cryptocurrency that you give a scammer and you might be stuck.

Bitcoin 233

Bitcoin cryptocurrency Fraud Cards 233

American Banker

MAY 27, 2020

The JPMorgan CEO says the recovery has to start first, and future buybacks won’t be as big as before; Texas Capital Bancshares and Independent Bank blame the coronanvirus market impact.

Texas 51

Texas Capital Marketing Cards 51

PYMNTS

JANUARY 19, 2021

But as GeoGuard CEO David Briggs and People’s United Bank VP of Financial Crimes and Fraud Intelligence Karen Boyer told Karen Webster, realizing the full benefits of using geolocation will take a bit of education – for consumers, yes, but also for banks. Not all data are created equal, of course. percent,” he said. “I

Data 227

Data Fraud Los Angeles Compliance 227

Payments Source

AUGUST 22, 2019

An inspector general’s findings suggest that the Texas bank could face more consequences over how it handled fraud cases last year tied to the Direct Express program.

Texas 68

Texas Fraud Cards Payments 68

PYMNTS

JANUARY 27, 2020

Texas shares that view, with Comptroller of Public Accounts spokesman Kevin Lyons saying Texas will stick to checks and ACH for the time being. Advocates argue that digital funds deposited on debit cards are less prone to fraud and error, with speed and convenience for recipients. Not all states feel the same.

Payments 130

Payments Illinois Texas Tennessee 130

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. CPO Amador Testa will be sitting on a fraud and identity panel during the event. Founded in 2012, Emailage it is now hitting its major growth area and has entered expansion mode. First, on Oct.

Las Vegas 118

Las Vegas Fintech San Francisco Arizona 118

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. The family lived in eastern Kentucky, an area Johnson describes as “fraud central.”

Fraud 120

Fraud Taxes Community Cards 120

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. Debit card surcharge enforcement.

Data 70

Data Texas Community Bank Taxes 70

PYMNTS

FEBRUARY 4, 2019

Former Israeli intelligence agents or military members have taken the knowledge they gained during their service and contributed to artificial intelligence (AI), fraud prevention and other efforts that do make — or can end up making — a difference in the daily lives of consumers. Department of Defense (DOD) or NATO , for instance.

Fraud 161

Fraud Illinois Retail Security 161

CFPB Monitor

MARCH 12, 2019

Credit card fraud was the most common type of identity theft report. Florida, Georgia, Nevada, Delaware, and Tennessee had the highest fraud reports per capita. Georgia, Nevada, California, Florida, and Texas had the highest identity theft reports per capita. declined by 24% from 2017.

Nevada 74

Nevada Georgia Florida Delaware 74

PYMNTS

NOVEMBER 1, 2017

billion Mastercard and Maestro-branded cards worldwide. He noted that Mastercard’s push payment’s solution, Mastercard Send , is now capable of reaching “pretty much all debit cards in the U.S.” directly to their debit cards. directly to their debit cards. Earnings per share came in at $1.34 per share, up from $1.08

Retail 112

Retail Cards Security Branding 112

PYMNTS

JULY 16, 2019

Fortunately, there was no financial information in the database aside from the credit card issuer. TechCrunch was also contacted by the company’s outside counsel, a Texas-based law firm, which threatened “immediate legal action” before the report was published. million bookings a year.

Data 115

Data San Francisco Texas Security 115

PYMNTS

NOVEMBER 1, 2017

billion Mastercard and Maestro-branded cards worldwide. He noted that Mastercard’s push payment’s solution, Mastercard Send , is now capable of reaching “pretty much all debit cards in the U.S.” directly to their debit cards. directly to their debit cards. Earnings per share came in at $1.34 per share, up from $1.08

Cards 122

Cards Security Branding Florida 122

PYMNTS

FEBRUARY 14, 2020

Most students are from generations that are unlikely to use checks to manage their finances as well, and many pay their tuition or other academic expenses through ACH or debit cards — but only after they receive paper check disbursements from their colleges. Just 5 percent of millennial students paid their tuition with checks.

Mobile 130

Mobile Arkansas Cards Regulation 130

PYMNTS

JUNE 13, 2017

In a press release the companies said they will jointly demonstrate the mobile-based biometric authentication approach at this year’s Digital Banking conference in Austin, Texas from June 12 to 14. “As To ensure speed is achieved, consumers can “stage” a withdrawal via their mobile banking app prior to arrival.

Samsung 119

Samsung ATM Austin Security 119

PYMNTS

OCTOBER 28, 2019

The app was initially available at just six locations in California, Iowa and Texas, but now caters to more than 60 across the United States. Fraud challenges all mobile order-ahead apps, and FanFood is no exception. Hemesath founded FanFood in 2017 with Carson Goodale and William Anderson. We’re currently on Version 1.6

Mobile 101

Mobile San Jose California Iowa 101

PYMNTS

APRIL 10, 2017

Wells Fargo found yet more fraud problems in its organization; Amazon announced some hi-tech staffing expansions and bitcoin finally found a government with the will to recognize it as a currency. Ready to make the leap? Merchant processors earned $18.15 Amazon Adds (Lots of) Staff. Japan Gives Bitcoin a Big Thumbs Up.

Bitcoin 108

Bitcoin Data ATM New Jersey 108

PYMNTS

AUGUST 28, 2017

Hurricane Harvey blew into the coast of Mexico as a “blob of weather systems” and instead snuck up on the Texas shoreline and made landfall as a Category 4 hurricane. Virgin Islands cards and its cards offered in the 50 U.S. Last week’s news cycle was all about surprises.

Puerto Rico 116

Puerto Rico Virgin Islands cryptocurrency Arizona 116

CFPB Monitor

JANUARY 25, 2019

Texas: The Texas Department of Banking issued in January 2019 a revised Supervisory Memorandum , which in part states as follows. Ultimately, in Texas, “it depends.”. However, the statement also declared that “those who transmit money in fiat and cryptocurrency are still required to be licensed.”.

Pennsylvania 60

Pennsylvania Security New Hampshire Texas 60

PYMNTS

DECEMBER 31, 2018

The net cost of a Bitcoin transaction is far more than a credit card transaction.” Also, the transactions have a sticking point, as they remain irreversible and there seems no way to address fraud. The subpoenas are flying, and an academic paper from the University of Texas says that Tether was used to help manipulate bitcoin prices.

Bitcoin 188

Bitcoin cryptocurrency Texas Fraud 188

Fintech Labs Insights

MAY 23, 2016

How about a tip of the hat to Toronto-based collaboration technology specialist, Ethoca which marked the occasion the news that it had integrated its Alerts into fraud detection platform, Kount Complete. Kount’s relationship with Ethoca extends back to the latter’s participation in Kount’s Fraud 360 Tour in 2016.

Fraud 14

Fraud Technology Austin Texas 14

PYMNTS

OCTOBER 13, 2016

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.

Mobile 100

Mobile Payments Apple Samsung 100

PYMNTS

OCTOBER 6, 2017

13, the company will be in Dallas, Texas, for LEND360. Jewel’s third core product is a fraud wall that enables the provider to shut down terminals if a fraud attack is detected. The platform serves Radius’s biometric key fob, which stores up to 20 payment cards and loyalty programs. First, on Oct. 11 through Oct.

Las Vegas 101

Las Vegas America Security Fintech 101

Fintech Labs Insights

APRIL 12, 2024

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

Innovation 15

Innovation Fintech Online Mobile 15

PYMNTS

JULY 30, 2019

Accents also presented a problem for the Texas-based chain, as voice recognition tools have historically had trouble interpreting certain dialects. Bensen processes each request, learns customers’ favorite orders and charges the appropriate card registered with Amazon or Google. Security and Privacy Issues.

Technology 119

Technology Mobile Google Software 119

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

PYMNTS

FEBRUARY 23, 2018

Prime members with the Amazon Prime Rewards Visa Signature credit card will be rewarded with 5 percent cash back at Whole Foods, and the Prime program will also soon be the rewards program for all of Whole Foods. News reports this week indicate that in Texas and the rest of the U.S., to receive their food in an hour. That comes as 16.7

Retail 116

Retail America Course United States 116

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. Chip cards didn’t exist in the U.S. Paytm was a brand-new prepaid mobile card in India. Special Ops.

Innovation 176

Innovation Mobile Software San Francisco 176

Gonzobanker

DECEMBER 20, 2019

Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. In a state that wears autonomy on its chest, it was a bold move for two successful players to collaborate and create a $50 billion powerhouse and the largest independent bank in the great state of Texas! Credit Union Merger of the Year.

Idaho 148

Idaho Conference Data Marketing 148

William Mills

SEPTEMBER 7, 2016

With CRMnext, replacing a lost card or request a new pin is a one button process. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. They are introducing CrossCore – First smart plug in play fraud and identity platform. 20% of customer interactions are assisted.

Mobile 40

Mobile Cards Fraud Data 40

Gonzobanker

NOVEMBER 18, 2014

Pointing to creating sales opportunities with branch traffic declines, Verba talked about the power of instant issue/replacement debit cards and 1 million gift cards issued a year. Visa had a quiet presence that was a large part of focus on anything related to credit cards. Well done, again, Sir Bob!

Chicago 97

Chicago Retail Branch Design Training 97