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.

Cards 191

Cards Innovation Management Payments 191

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities.

Cards 207

Cards Data Compliance Payments 207

Bank Innovation

SEPTEMBER 8, 2017

Data leaked from the hack of credit reporting agency Equifax includes the credit card information of about 209,000 of the agency’s customers, according to the company. The attack exposed data like social security […].

Cards 291

Cards Data Security Report 291

PYMNTS

APRIL 24, 2020

He told PYMNTS in a recent interview that as consumers prioritize cost savings over shoring up rewards and airline miles, citizens are preferring to use ACH to pay their government bills and fees online rather than pay the processing fees often associated with cards. ” Accelerating ACH Innovation.

Innovation 161

Innovation Payments System Data 161

PYMNTS

JANUARY 28, 2021

As solution providers position innovative commercial payment solutions in the market, they're increasingly having to benefit both buyers and suppliers. Tat Capital Eases Card Acceptance For Vendors. WEX, MYOB Team Up On Virtual Cards. However, the firms did not disclose exactly how they can facilitate this.

Innovation 154

Innovation Cards Payments Capital 154

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

FEBRUARY 27, 2020

Mastercard and pan-European FinTech myPOS are teaming up to promote card payment solutions to small and medium-sized businesses (SMBs) across Europe, Mastercard announced on Thursday (Feb. The strategic partnership aims to inform more SMBs about the new tools for card acceptance that can fit their needs and budget.

Cards 150

Cards Payments Tools Innovation 150

PYMNTS

MARCH 26, 2019

The world knows by now that Apple has debuted its credit card — the Apple Card — in conjunction with Goldman Sachs and Mastercard. The card is available in both virtual and tangible, plastic forms. The broad outline is one where the digital version of the card can be used wherever Apple Pay is accepted. Not anymore.

Cards 238

Cards Apple Security Customer Experience 238

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Cards 249

Cards Management Tools Guidelines 249

PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

Cards 192

Cards Online Fraud social media 192

PYMNTS

JULY 10, 2020

Just as in other markets, eChecks, ACH, paper checks, wires and credit cards all come with their various benefits, as well as their pain points, from high processing fees to a lack of security. But current legacy rails can make this difficult. According to Muller, data is often at the heart of this issue.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. PYMNTS: What does a day in a life of a chief information officer (CIO) look like? PYMNTS: What does innovation mean to you? Here is an excerpt of the conversation.

Innovation 108

Innovation Security Payments Mobile 108

PYMNTS

MAY 13, 2019

These small entities are seeking to win trust despite not being established brands, but customers will only feel safe if they’re confident that their payment information will remain secure. . This month’s Deep Dive explores its key security risks and the ongoing efforts to mitigate them. . Security risks and defenses .

Security 123

Security Cards Branding Payments 123

PYMNTS

SEPTEMBER 30, 2020

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. The first thing we can do is ‘enrich’ transaction [information],” Gerber said. “We

Cards 220

Cards Online Fraud US 220

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. How Music Retailers Can Harmonize Security And Seamlessness. Around The Next-Gen Debit World.

Cards 162

Cards Fraud Retail Security 162

BankBazaar

JANUARY 25, 2024

What have your Credit Card ’s ancestors been up to? There’s probably nothing new we can tell you about the Credit Card. Today, we’re aiming at remedying that, so we’re all left with a new-found respect for our spend-friends and who knows, maybe it’ll just inspire us to go find the right Credit Card to fit our finances!

Cards 78

Cards Tools ATM Management 78

PYMNTS

NOVEMBER 14, 2018

14) that it is rolling out tap-to-pay functionality across its Chase Visa card portfolio, an initiative that will begin late this year and extend into 2019. said the rollout will be done on an ongoing basis, spanning when customers open up new accounts or have cards that are renewed. 1 card issuer in the U.S. – Chase – the No.1

Cards 144

Cards Security Innovation Branding 144

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. Traditionally, the benefits of card and check payments have resided on the buyer side of the equation at the expense of suppliers. The buyer uses a unique virtual card that is generated upon purchase approval.

Cards 234

Cards Payments Management Security 234

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133

PYMNTS

SEPTEMBER 17, 2019

A series of payment innovations are promising to put an end to some common B2B payment frictions, including online portals, same-day ACH and automated accounts receivables (AR). A recent partnership between consulting firm CGI and invoice payment solution provider Ordo aims to make invoice processing safer and more secure.

Cards 130

Cards Payments Fraud Phoenix 130

PYMNTS

DECEMBER 30, 2019

This does not mean businesses are disinterested in newer payment innovations, however. percent would like to integrate ePayables with virtual cards into their broader B2B operations. percent would like to integrate ePayables with virtual cards into their broader B2B operations. Recent PYMNTS research finds that 46.4

Innovation 130

Innovation Payments Data Branding 130

PYMNTS

APRIL 23, 2019

Innovations run the gamut from promo codes to coupons and quick-response (QR) scans in addition to other features such as delivery tracking. Overall, merchants in the $1 trillion accommodation and food services market see digital innovation as key for staying competitive in the space. percent — innovated to remain competitive.

Innovation 150

Innovation Payments Apple Meeting 150

FICO

FEBRUARY 16, 2023

For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.

Cards 98

Cards US Data Fraud 98

PYMNTS

SEPTEMBER 12, 2018

Omni Security and Authentication. Consumers expect to do business with their bank online seamlessly, without the hassle of complicated security checks, whether through their mobile phone, smart watch, home speaker or other connected device. Around The Security And Authentication Space. presidential election.

Security 139

Security Report CA Fraud 139

PYMNTS

MARCH 21, 2019

Large providers, drug manufacturers and insurance firms have big innovations that are moving them away from checks. In between the decision to pay and the customer getting paid, there is “a lot of back-and-forth verification of information, and packaging and sending out supplementary data like explanation of claims or documentation.”.

Innovation 152

Innovation Payments Regulation System 152

PYMNTS

MARCH 8, 2018

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is consumer-facing or serving other businesses (B2B); security is top of mind for all of them, yet adding more layers can introduce more friction, and that can scare customers away.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

NOVEMBER 5, 2019

And it might not go so far in payments and commerce in the coming decade, at least going by the results of a new Mastercard collaboration with Harvard Business Review Analytics on what really works when it comes to innovation, companies and executives. 2020 Innovation Sparks. The report, released Tuesday (Nov.

Innovation 102

Innovation Report social media Data 102

PYMNTS

FEBRUARY 11, 2020

To help diners make the best use of their mobile devices to order meals, quick-service restaurants (QSRs) are tapping into mobile innovations. From Dunkin’ Brands to Grubhub , QSRs and ordering platforms are driving innovation with mobile ordering technology.

Mobile 144

Mobile Innovation Fraud Branding 144

PYMNTS

NOVEMBER 20, 2019

Payments credit union PSCU is prepared to handle what they predict will be a rush in 2020 to adopt contactless cards, the company said in a press release on Wednesday (Nov. In 2020, PSCU anticipates distribution of more than three million new contactless cards to 100-plus credit unions.

Cards 117

Cards Risk Management Study Payments 117

PYMNTS

FEBRUARY 14, 2019

14) that they have inked a partnership aiming to bring virtual card payment technology to airlines. According to a press release , the joint solution will make airline payments more secure. Airlines will benefit from the fact that UATP virtual cards are typically less expensive to accept as payment.” ” .

Cards 122

Cards Payments Security Fraud 122

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

DECEMBER 13, 2019

In an interview with PYMNTS, David Phister, director of systems security product management at Diebold Nixdorf , said that when it comes to combatting fraud, “holiday seasons are always tough.” In many cases, the fraudsters’ devices are wireless-enabled, so data is very quickly extracted so they can use it to create fake cards.”. “In

ATM 227

ATM Fraud Security Cards 227

PYMNTS

MAY 5, 2017

Visa , the credit card issuer, announced Thursday (May 4) that it will help its financial institution partners create customized digital card management services for their customers. In a press release, Visa said as the Internet of Things (IoT) grows, consumers put their cards on file and implement recurring payments in more places.

Cards 141

Cards Tools Management Mobile 141

PYMNTS

JUNE 1, 2020

“We do not think in a traditional sense that one bank account equals one user equals one card. This is similar to the card aggregation solutions that fellow FinTech Curve offers. The second] is the added security because obviously, as a bank, security is paramount, and [third], it allows for new technologies to be deployed rapidly.”.

Innovation 132

Innovation Strategy Innovation Strategies Security 132

PYMNTS

JANUARY 25, 2021

Contactless payments are “future-proofed” in that they will let consumers access the security and convenience for long into the future, according to the release. Ecos’s specifications say that any device will be able to be used as a payment device, making it less necessary to carry backup cards or payment methods.

Technology 310

Technology Cards Community Innovation 310

Bank Innovation

JUNE 15, 2016

Bank Innovation today officially launches BankBoost, a new app that fosters information discovery in the fintech industry. Users can post on any fintech topic and seek answers from the Bank Innovation community. BankBoost is an “answerbase,” which means it is an app for getting questions to your fintech questions.

Innovation 150

Innovation Fintech Community Industry 150

FICO

APRIL 9, 2019

The good news is that consumer-permissioned data is providing the industry a platform for further innovation. This unprecedented data access and insight is made possible through connections to financial institutions that provide secure, simple data sharing for use in countless financial applications and products.

Security 66

Security Innovation Data Customer Experience 66