PYMNTS

FEBRUARY 21, 2018

Larger operators have leverage. Thus, cost control — and visibility on margins — tends to lean toward those operators who have critical mass and scale. One recent announcement puts the spotlight on SME operators in the U.K. In fleet management, when it comes to cost containment, size matters. percent by the end of this year.

Operations 100

Operations Cards Management Taxes 100

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Credit cards typically contain a chip or require a PIN. Vendorcom wants answers.

Groups 131

Groups Regulation Fraud Security 131

PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job. In the U.S.

Cards 187

Cards Security United States Technology 187

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

ATM 100

ATM National New York City New York 100

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

JULY 11, 2016

Late last week, The Register reported that 105 suspects of credit card fraud were arrested in Asia and Europe after a cybercrime ring was busted by authorities. The suspects are accused of using counterfeit credit cards to buy luxury goods, and house searches of the accused resulted in the discovery of 3,000 fraudulent payment cards.

Fraud 100

Fraud Cards ATM Groups 100

PYMNTS

MAY 1, 2017

As of today, Instacart operates in 41 U.S. However, TechCrunch said that there isn’t much likeness in context or operations. “We And with 80 percent national coverage, these current stats wouldn’t come as much of a loss. billion back in March, grocery delivery startup Instacart is eyeing some major U.S. expansion prospects.

National 100

National Las Vegas Texas Columbus 100

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. I’ve had the privilege to study and do research at many amazing universities and national labs around the world throughout my career.

Operations 168

Operations Tools Data San Francisco 168

PYMNTS

JANUARY 29, 2019

As pertains to Egypt banks, e-Cards (and, in tandem, electronic payments) have swelled to more than 30 million cards as of June 2018, as estimated by the country’s central bank. million credit cards, 15.8 million debit cards and 10.8 million prepaid cards. Finxact’s own offerings operate in the cloud. “I

Fintech 145

Fintech Cards System Groups 145

PYMNTS

APRIL 9, 2020

With Visa and Mastercard each having made significant investments to capture more of the SMB segment through an array of payment rails, including card, ACH, and proprietary networks, SWIFT is joining a competitive landscape that aims to overhaul the payment rail status quo. Billhop Eases B2B Card Acceptance. and Sweden, it noted.

Fintech 209

Fintech Payments Oregon Cards 209

Abrigo

MAY 8, 2024

They can more easily consider how to harness genAI's power to enhance their operations, compliance, risk management, and member or customer experience. That’s equivalent to 9% to 15% of operating profits, the report notes. That compares to 39% of global or national banks with more than $10 billion in assets.

Examples 221

Examples Fraud Resources Risk Management 221

PYMNTS

MAY 19, 2020

Multiple crypto operations serving the country, however, are legally based in other nations. And, beyond emails and passcodes, the SSU said per the report that the database had “eWallets of cryptocurrencies” and “PIN codes for bank cards,” among other information. dollars and Ukrainian hryvnias.

Data 212

Data Bitcoin cryptocurrency Taxes 212

PYMNTS

FEBRUARY 10, 2020

The Equifax cyberattack exposed the financial data of almost 150 million Americans and British and Canadian nationals. The breach gave hackers access to customers’ personal information, including Social Security numbers, drivers’ licenses, credit card numbers and birthdates. “There are exceptions, though.”

Atlanta 134

Atlanta National Conference Security 134

PYMNTS

DECEMBER 2, 2019

China has implemented a new policy requiring citizens who want new phone service to scan their faces to verify identities instead of simply presenting ID cards, according to a report in The Wall Street Journal. 1), and it was ostensibly put into place to tamp down on fraud and stop the illegal sales of mobile phone cards.

Policies 130

Policies Mobile Maine Fraud 130

Perficient

NOVEMBER 8, 2021

I eventually got headhunted to work for City National Bank in Los Angeles. MM: So, you started at City National Bank, and was the bank online before you got there? I was one of the 24 first IT people, and when I left, the IT group had no less than 300 people. MM: You played a variety of roles at City National Bank.

Industry 539

Industry cryptocurrency New Mexico Los Angeles 539

Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. And, I didn’t have to pay interest, so I’d say Afterpay worked out for me well in this instance.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

MAY 20, 2020

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

Payments 191

Payments Los Angeles New York City Indiana 191

Abrigo

FEBRUARY 15, 2023

When developing a risk assessment, institutions can treat the AML/CFT priorities as stand-alone risk factors or group them together. Foreign and domestic terrorist financing – Terrorists require financing to recruit and support members, fund logistics, and conduct operations. Many TCOs currently operate in the U.S.,

Fraud 195

Fraud United States Training Policies 195

NCR

OCTOBER 4, 2017

The plan is for the electronic currency to operate via a smartphone app and QR codes that can be scanned in stores. Mizuho Financial Group and Japan Post Bank are among the institutions involved in developing the currency. The post Japan’s plan for a national digital currency appeared first on Banking.com.

National 45

National Groups blockchain Cards 45

PYMNTS

SEPTEMBER 28, 2020

Plus, a new challenger bank in Italy has plans for the nation's largest open banking platform. Enel X , the business unit of Enel Group, Europe's largest utility, recently revealed in a press release a new partnership with open banking technology provider Tink. HighRadius & Commerce Bank. Tink & Enel X.

Fintech 204

Fintech Tools Groups Management 204

PYMNTS

FEBRUARY 13, 2020

Card issuers are fielding new technologies and utilizing next-gen identity verification technology to expose the fakers and make social media — and the wider digital domain — safe for kitten vids and funny memes again. federal government doesn’t issue a national identity card, so a number of states have taken it upon themselves.

social media 150

social media Louisiana Colorado Samsung 150

PYMNTS

FEBRUARY 7, 2018

Separately, CBS MarketWatch reported that those indicted were tied to a group called the Infraud Organization, which operated with the slogan “In Fraud We Trust. ”. In similar news published by ZDNet.com , the group has been charged with nine counts ranging from conspiracy to racketeer to computer crimes.

Las Vegas 115

Las Vegas United States Fraud Cards 115

PYMNTS

DECEMBER 2, 2019

The bots are “largely operated by organized gangs of cybercriminals,” noted the report. Website operators are seeing an uptick in bot activity leading up to Cyber Monday from people trying out their bots,” said Ron Winward, a Radware spokesman.

Retail 130

Retail Operations Online Software 130

PYMNTS

DECEMBER 6, 2018

The system may eventually shorten the lag time between when a shopper pays with a debit card to when the funds arrive at the retailer, The Wall Street Journal reported. Target and Walmart, as well as trade groups like the National Retail Federation, have reportedly long talked to the Fed about faster payments.

Retail 139

Retail Payments Chicago System 139

PYMNTS

MAY 19, 2020

And, beyond emails and passcodes, the SSU said per the report that the database had “eWallets of cryptocurrencies” and “PIN codes for bank cards,” among other information. Multiple crypto operations serving the country, however, are legally based in other nations. dollars and Ukrainian hryvnias.

Bitcoin 148

Bitcoin cryptocurrency Taxes Security 148

PYMNTS

SEPTEMBER 16, 2019

Restaurants are also bolstering their delivery efforts: Panera Bread, for instance, announced national delivery availability for the first time via Grubhub, DoorDash and Uber Eats in August. Postmates , for instance, is joining Caviar and DoorDash in letting diners make group orders. The projected share of U.S.

Innovation 192

Innovation Mobile Groups Indiana 192

PYMNTS

MARCH 13, 2019

A subway operator in Shenzhen, China is testing facial recognition software, powered by a 5G network, to pay for entry, according to reports. Right now the experiment is being limited to one station, and people will be able to scan faces at the same place they enter subway cards or tap their phones.

Metro 158

Metro Payments Kentucky Guidelines 158

PYMNTS

JUNE 17, 2019

In the past few years, several global markets have invested resources into developing payment systems and infrastructure that enables funds to be delivered in real-time and that operate on a 24/7 cycle. Expanding financial access, boost financial competition. Instant payments can be a trigger for increased competition,” he said.

Payments 201

Payments System National Mobile 201

PYMNTS

MARCH 12, 2020

billion in revenue and cost $5 billion to operate. Based on studies we reviewed and interviews with representatives from consumer groups, there may be demand for certain offerings at retail facilities, such as check cashing and payday loan services, particularly if offered at a lower price than competitors,” the report says.

Retail 169

Retail US Survey Examples 169

PYMNTS

JULY 18, 2018

mobile operator Anywhere Sim to allow customers to buy airtime credit through a network of 29,000 retailers, PayPoint said in an announcement. The product comes as the Reserve Bank of India has a deadline of December 31 to convert magnetic strip cards to chip-based cards. In addition, PayPoint has linked up with the U.K.’s

National 100

National Retail Cards Digital Banking 100

PYMNTS

MARCH 27, 2019

The company was acquired by Fidelity National Information Services (FIS) earlier in March, and is valued at $43 billion. Worldpay was also granted a payments license to operate in New Zealand. Worldpay will set its sights on the online gaming, digital content, online retail and travel industries.

Online 172

Online Payments Software National 172

Gonzobanker

DECEMBER 14, 2023

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. and Summit Financial Group, Inc. Expect more deals to be announced in 2024. execute one of the few MOE deals forming an $8.2 But wait, there is more.

Fintech 194

Fintech Community Regional Technology 194

Independent Banker

JUNE 30, 2022

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. the person who led our crop insurance group had previous experience as a lender, and he moved back into that role when we opened the loan production office there.”. Marion, Ky. Mason City.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. as part of a visa waiver program.

Security 110

Security Report National Millennials 110

CFPB Monitor

SEPTEMBER 21, 2015

Agnani, Director of Policy and Civic Engagement, National Coalition for Asian Pacific American Community Development, Washington, D.C. Hall, Executive Vice President, PNC Financial Services Group, Pittsburgh, Pa. Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Dr. Raul A.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

PYMNTS

JULY 9, 2020

With its solution designed to address friction in supplier commercial card acceptance, Nium ‘s InstaReM brand announced the expansion of BizPay into a new market: Australia. It’s a mixing of payment rails that aims to overcome one of the largest barriers to commercial card adoption. European Banks Ready New Payment System.

blockchain 193

blockchain System Payments Innovation 193

PYMNTS

FEBRUARY 10, 2017

In the latest bit of Apple Pay expansion news, Macquarie Group and ING Direct have announced that they will start using Apple Pay in Australia this month. Apple Pay has had something of a bumpy lift off down under — only one major Australian bank, Australia and New Zealand Banking Group, has adopted the Apple Pay system.

Apple 100

Apple National Groups Marketing 100