PYMNTS

DECEMBER 11, 2019

Get ready for the contactless card surge. The folks ahead of you, fiddling with cards and inserting them at the terminal, perhaps forgetting PINs — the delays can add up. His comments came in the wake of findings by credit union service organizations that a rush to adopt contactless cards is likely to come in 2020 and beyond.

Cards 132

Cards Security Study Payments 132

FICO

APRIL 20, 2023

According to FICO’s latest survey of consumers from 14 countries around the globe, 90% of all consumers have sent a real-time payment, and at least 95% of consumers have used real-time payments in India , Indonesia , the Philippines , and Brazil. Throughout the countries we surveyed, RTP usage shows no signs of slowing.

Survey 52

Survey Payments Fraud Management 52

PYMNTS

SEPTEMBER 13, 2018

Discover is adding to its suite of commercial card products. Its newest offering, the Discover It Business credit card, was announced in a press release Wednesday (Sept. The Discover It Business card does not charge foreign transaction fees or a late fee on the first payment.

Cards 117

Cards Customer Experience Security Management 117

PYMNTS

APRIL 3, 2018

More than two-thirds of small businesses surveyed by Insureon and Manta said Amazon has positively impacted their sales. Most SMBs surveyed that sell online said this has led to at least a moderate increase in revenue, and 43 percent said the decision to do so led to “significant revenue growth.”

Survey 119

Survey Online Retail Cards 119

PYMNTS

FEBRUARY 26, 2020

Though still strong, this industry growth has slowed in recent years, with another survey finding that total loans only increased by 6.6 The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. percent in 2019, compared to 10.5 percent in 2016.

Nevada 192

Nevada Security Innovation Data 192

FICO

DECEMBER 13, 2022

Biometric Security Crucial for Fraud Protection and CX. FICO’s 2022 Fraud and Customer Experience survey uncovered important insights about what FIs’ customers value most, particularly when opening new financial accounts or applying for loans. Customers Prefer Biometric Security. FICO Admin. Tue, 07/02/2019 - 02:45.

Fraud 52

Fraud Security Survey Customer Experience 52

PYMNTS

NOVEMBER 5, 2020

Many companies are becoming interested in replacing paper check payments with those conducted via virtual cards or other means, according to Meitra Aycock , senior vice president of corporate payment operations at B2B payments solutions provider Comdata. How Virtual Cards Help Build Better Construction Pr ocurement.

Cards 160

Cards Payments Groups Tools 160

PYMNTS

MAY 1, 2020

Many CUs are doubling down on their efforts to digitize their services in a secure manner. Establishing methods that replace face-to-face banking transactions with secure alternatives is an important need during these changing times, Vas Nunes noted. This turned out to be a win-win for our members and our staff.”

Arizona 159

Arizona Security Cards Phoenix 159

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . Survey Findings: Digital Dominates, But Customer Experience Remains Important. Some Consumers Lack Confidence in Bank Security, Dissatisfied.

Survey 52

Survey Fraud US Customer Experience 52

FICO

FEBRUARY 16, 2022

FICO published our 2021 Digital Consumer Banking and Fraud Survey today that emphasizes consumer perspectives on customer experience and fraud prevention management. . Survey Findings: Digital Dominates, But Customer Experience Remains Important. Some Consumers Lack Confidence in Bank Security, Dissatisfied.

Survey 52

Survey Fraud US Customer Experience 52

PYMNTS

MAY 31, 2017

Card processor TSYS is looking to heighten the security of mobile corporate payments. The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. To do this across all of our U.S.

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Mobile Cards Payments Samsung 113

PYMNTS

AUGUST 18, 2017

Retailers are retailers, not security experts. Too often, their best efforts can create friction at the point of sale for consumers, which leads to shopping cart abandonment and lost revenue, all while feeding the illusion of “too much security.”. There’s never ‘too much’ security,” Grant said.

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Security Fraud Analytics Tools 131

PYMNTS

DECEMBER 11, 2017

It appears the ever-inventive thieves of the world have found a new way to make gift card fraud work for them this holiday season, according to the Better Business Bureau (BBB). This year the scam relies on thieves grabbing cards off the rack, scratching the film that covers the card PIN underneath and copying the relevant numbers.

Cards 129

Cards Fraud Retail National 129

PYMNTS

DECEMBER 20, 2016

Which Mike Keegan, CEO of Transaction Network Services , said can only spell trouble for consumer adoption unless consumers are convinced that interacting with them digitally is totally secure. To gain some insight into the unattended space, TNS surveyed consumers across the U.S., Here are the three data points they dug into.

Security 100

Security Retail Payments Data 100

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. But the commercial card is hardly the most preferred method of payment for suppliers, and that fact could mean adoption challenges for MineralTree and Visa’s new tool. Buyer Control.

Cards 183

Cards Payments Tools Risk Management 183

MyBankTracker

MARCH 24, 2021

According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. Here are the other highlights of the survey: Highlights. So, we recommend putting the tax refund for tax year 2020 toward increased financial security. Invest Safely.

Taxes 52

Taxes Survey Study United States 52

PYMNTS

MAY 4, 2016

That can mean fraudulent payments made using a business credit card, a compromise of payroll systems or unauthorized ACH and wire transfers. According to researchers, just one in four of the businesses surveyed said they use anti-fraud alerts, a tactic the company said was one of the most effective ways of preventing fraud.

Security 100

Security Fraud Tools Analytics 100

South State Correspondent

MAY 13, 2024

timeshare companies, crypto firms, multi-level marketing, credit repair, dating services, telemarketing, tech support companies, etc.). More states require greater disclosure and control over what banks and card processors can charge. The law firm of Sidley Austin held a session on the CFPB’s uniqueness.

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Conference Payments Fraud Data 195

PYMNTS

JULY 11, 2017

More CFOs are guiding their organizations toward corporate cards in lieu of offering after-the-fact reimbursements via expense reports, The Wall Street Journal recently reported. Research suggests companies are turning to corporate cards for their security as well.

Cards 100

Cards Comparison Groups Report 100

PYMNTS

JUNE 25, 2020

This fear of cybercrime comes at a time when banks are exploring open banking systems en masse, which is only exacerbating security concerns. One popular target for cybercrime is debit and credit cards as the pandemic leaves customers uncertain about their financial futures. Building Consumer Trust With Open Banking Security.

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Fraud Security Cards System 228

PYMNTS

JUNE 30, 2020

Marcello Baricordi , Visa’s general manager for MENA, said “enabling secure, immediate movement of money for gig economy workers, like Careem captains, is especially vital as we support economic recovery efforts.”. He said as the pandemic fuels digitization of payments, convenient and secure cashless solutions are key.

Payments 207

Payments Security Regional Digital Banking 207

PYMNTS

OCTOBER 1, 2020

A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital. Six key elements are examined: business strategy, management and operations, growth and marketing, getting paid, making payments and protecting employees and customers.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

JANUARY 17, 2020

The subscription eCommerce market is a favorite among consumers and businesses, growing more than 100 percent annually for the past five years. Preventing fraud with seamless and secure onboarding solutions is key. Consumers are advised to call billers or card providers directly to stop such charges. Data-Rich Defenses.

Security 130

Security Fraud blockchain Cards 130

PYMNTS

NOVEMBER 13, 2020

The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. One study found that these apps will outnumber phy sical identity cards by 2023, with this trend being driven largely by national ID programs in emerging markets. More than 6.2

Fraud 242

Fraud US Mobile Study 242

PYMNTS

FEBRUARY 2, 2017

Sift Science has just released its latest research on how businesses combat security threats, and its report, published last week, offers insight into how the issue of cybersecurity takes many shapes within the enterprise.

Fraud 100

Fraud Security Payments Survey 100

PYMNTS

DECEMBER 16, 2016

Though many financial institutions recognize the opportunity to help middle-market businesses automate their AP payments, they have not been able to fully capitalize on the opportunity. Here the elusive payments opportunity meets or, in fact, doesn’t meet, the elusive audience: accounts payable automation for middle-market firms.

Marketing Automation 100

Marketing Automation Marketing Cards Payments 100

CFPB Monitor

JULY 19, 2022

On July 13, 2022, the House Committee on Oversight and Reform, Subcommittee on National Security held a hearing entitled “Protecting Military Servicemembers and Veterans from Financial Scams and Fraud.” A recording of the hearing is available here. .

Fraud 78

Fraud National Security social media 78

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. Although this is certainly expensive for merchants, it has proven to be a worthy investment. Looking Ahead in the BNPL Landscape.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

SEPTEMBER 8, 2020

In the filing, Apple describes a secure transaction without direct communication of sensitive data between the user’s device and a retailer’s platform. PayPal introduced QR codes in May to 28 markets worldwide, with transaction fees waived for QR code sales. Patent and Trademark Office granted a patent Tuesday (Sept.

Apple 257

Apple Survey Study Retail 257

PYMNTS

JUNE 16, 2020

The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. . Users who have a Branch Card can update their app settings to add their debit cards onto their mobile wallets.

Digital Banking 199

Digital Banking Mobile Los Angeles San Francisco 199

Independent Banker

FEBRUARY 24, 2016

Security fears about online banking may be impairing your community bank’s ability to grow demand deposit accounts. A 2015 survey from the credit and data reporting firm Experian revealed that more than 70 percent of respondents feared having their identity stolen when using personal banking sites. By Kevin Tynan.

Security 70

Security Community Bank Community Chicago 70

PYMNTS

MAY 17, 2017

Commercial cards are tricky. While they may be instrumental in helping companies manage cash when their employees travel for work, commercial cards aren’t the top payment rail of choice for suppliers, so companies often pay invoices another way. But depending on how the commercial card is used, these figures vary greatly.

Cards 108

Cards Analysis Data Compliance 108

PYMNTS

JUNE 23, 2020

Braun faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers. Verizon Debuts Visa Credit Card With Rewards. Airbnb CEO Sees Potential For 2020 IPO Amid Bookings Rebound.

Payments 159

Payments Survey Innovation Fraud 159

PYMNTS

APRIL 10, 2019

certification: They must, for instance, resolve issues when a payment reader’s too-powerful field strength results in damaged smartphones and cards. From CVS to T-Mobile , retailers and technology providers are catering to the trend of contactless payment acceptance with new solutions and methods of handling cards from customers.

Retail 259

Retail Payments Mobile Apple 259

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption. Sophisticated Threats.

Security 100

Security CA Payments Big Data 100

PYMNTS

JULY 30, 2019

This research has found a distinct lack of market readiness amongst all key stakeholders,” the EPA said in the report. The report, titled “Issuer Declines,” found that 75 percent of issuers surveyed will be ready to comply with the rules, but a smooth operational transition may be a bit tougher. spanning 13 issuers.

Survey 172

Survey User Experience Report Security 172

PYMNTS

OCTOBER 1, 2020

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. 3D Secure 2.0 under the GDPR. percent year over year during the week of Aug.

Regional 130

Regional Regulation social media Security 130