PYMNTS

JANUARY 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.

User Experience 253

User Experience Security Payments Compliance 253

PYMNTS

DECEMBER 16, 2019

In the mobile order-ahead space, consumers are not getting what they ordered – and that doesn’t mean burgers or salads. What consumers really want from mobile ordering is … more mobile ordering. Credit/debit card pilferage is their core trade, so naturally, they’ve latched onto gift cards in a big way.

Mobile 134

Mobile Fraud Cards Survey 134

PYMNTS

JULY 24, 2018

linking the platform to fleet cards, according to reports in FleetPoint. ’s first mobile fleet payment app to connect to a fleet card, supporting drivers with mobile payment capabilities and allowing them to pay for fuel without having their physical fleet card in hand. .’s

Cards 100

Cards Mobile Payments Analysis 100

Independent Banker

FEBRUARY 28, 2023

BankOnBuffalo president Michael Noah says the bank’s mobile branch will provide service to those who don’t have easy access to banks. Photos by Luke Copping Photography BankOnBuffalo has hit the road with its new mobile bank, BankOnWheels, to meet the needs of underserved communities. By William Atkinson Name: BankOnBuffalo Assets: $1.1

Mobile 91

Mobile Community Community Bank ATM 91

PYMNTS

NOVEMBER 16, 2020

Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Such security methods can be critical to preventing fraud that targets mobile users, of which one of the most prevalent types is SIM swap fraud.

Fraud 178

Fraud US Mobile Las Vegas 178

PYMNTS

JUNE 15, 2020

SoftBank mobile phone owners can now pay for everything from movies to membership fees on Amazon.com with help from mobile commerce firm Bango , according to an announcement. Japan, in turn, is market primed for mobile payments, with mobile phone subscriptions, at 177 million, far outnumbering the country’s population of 130 million.

Mobile 150

Mobile Marketing Payments Cards 150

PYMNTS

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. consumers now count themselves as “ debit-centric ” users, a sizable jump over the 33 percent who said the same about credit cards.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

FEBRUARY 23, 2020

Revolution Payments is streamlining the process of commercial cards and interchange fees with its new NetSuite Level III Credit Card Processing Solution, the company announced on Friday (Feb. The NetSuite card processing solution simplifies payments and reduces the interchange cost of accepting commercial cards by up to 43 percent.

Cards 224

Cards Payments Maryland Data 224

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

SEPTEMBER 5, 2019

Commercial and consumer cards issued in the U.S. Commercial card spending is up 11.7 percent, compared to consumer card spending, which grew by 10.1 Commercial card spending was $1.39 Consumer card spending was $4.74 Consumer card spending was $4.74 Visa ’s commercial card was 43.2 generated $6.13

Cards 188

Cards Report Marketing Payments 188

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

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 8, 2021

To do that, and to clear the next hurdle, Whisler said many financial institutions (FIs) still need to “modernize internally to be a 24/7 operation shop.”. As far as fees are concerned, she explained that existing competition from other providers, card networks and same-day ACH will likely keep fees in line. “To RTP Outlook.

Operations 349

Operations Payments Industry Management 349

PYMNTS

APRIL 5, 2017

Paygilant, the frictionless mobile payments fraud detection company, announced Tuesday (April 4) it was able to show how Citi was able to reduce operational costs associated with mobile wallet transactions. With mobile wallet transactions worldwide expected to exceed $1.5

Fraud 101

Fraud Operations Tools Mobile 101

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022.

Industry 471

Industry Trends social media Payments 471

PYMNTS

SEPTEMBER 10, 2019

The September AML/KYC Tracker examines the latest fraud challenges and efforts to ensure tight security and compliance. . How Mobile Financial Startups Can Bridge the Security Gap. This is especially true given rising rates of mobile fraud attempts that put customers especially on guard. Around the AML/KYC Worl d.

Security 185

Security Fintech Fraud Compliance 185

PYMNTS

FEBRUARY 1, 2017

The inevitable end of the mobile payment company acquired by Fitbit last May is finally here. Coin, which was founded as a mobile payment company initially in late 2013, has seen its fair share of ups and downs over the years. It wanted to turn the entire credit card industry on its head. What does this mean for Coin users?

Cards 100

Cards Operations Mobile Security 100

PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Hak added Shell is bringing to India “our most relevant mobility solutions from across the globe” and the company will continue to enhance product offerings in India. . percent by 2025.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

DECEMBER 20, 2019

That famous literary opener could apply to the mobile order-ahead (MOA) space in 2019. Others are getting into the act, and quickly too, including New York City-based mobile store Bandit, various pop-ups and so-called “phantom kitchens” without seating from quick-service restaurants (QSRs) including Wendy’s and Chick-Fil-A.

Mobile 131

Mobile Fraud New York City Metro 131

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. STACK’s mobile app provides budget management and spending accounts, among other services.

Security 113

Security Fraud Mobile Cards 113

PYMNTS

FEBRUARY 3, 2020

Fraudsters have grown adept at finding debit cards’ weak points, and merchants are struggling to keep up. Losses due to false credit and debit card declines — in which merchants reject legitimate orders on the mistaken belief that they are fraudulent — grew to $118 billion last year and are projected to reach $443 billion by 2021.

Fraud 131

Fraud Cards Tools ATM 131

PYMNTS

MAY 13, 2019

Commonplace operations such as food trucks and nonprofits are using these products, as are furniture restoration merchants and even buskers. 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. .

Security 123

Security Cards Branding Payments 123

PYMNTS

JUNE 30, 2020

Primax has been working with designing and providing services for payment card programs for credit unions for 40 years in the U.S. He said it didn’t have to mean that the physical operations are neglected — rather, that the experience be integrated whenever the physical operations are fully safe again.

Cards 130

Cards Financial Technology Analytics Operations 130

PYMNTS

FEBRUARY 8, 2018

ALDI , the grocery store operator, is being targeted by scammers who are installing credit card skimmers on top of point-of-sale terminals in plain sight. They’ve been installing camouflaged skimmers on ALDI credit card terminals right in front of surveillance cameras. According to news from TechCrunch on Thursday (Feb.

Cards 146

Cards Pennsylvania Google Apple 146

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

PYMNTS

JANUARY 23, 2020

The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

Fraud 157

Fraud Security Regulation cryptocurrency 157

PYMNTS

NOVEMBER 19, 2020

Companies must tailor their payments approaches to the norms and preferences of each market in which they intend to operate, and that means researching local habits as well as staying abreast of consumers’ and merchants’ changing transaction tastes. Whenever you have money flow, it’s quite technical,” he said.

Mobile 158

Mobile Payments Tools Trends 158

PYMNTS

JANUARY 8, 2020

Square ‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale ( mPOS ) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere.

Mobile 141

Mobile Payments Data Technology 141

PYMNTS

MARCH 11, 2020

B2B FinTechs are once again showing off the versatility of the corporate card. While QuickBooks is piloting card payments on invoices powered by PayPal , Airwallex is readying the launch of its own corporate card — both physical and virtual — designed to enable cross-border payments. QuickBooks Adds Card Payment Support.

Cards 130

Cards Capital Fintech Tools 130

PYMNTS

JUNE 5, 2020

Providing robust services via mobile channels is especially important now, as the COVID-19 pandemic has caused businesses to operate remotely and consumers to stay at home as much as possible. Open banking-facilitated apps can offer tailored support, reducing the need for in-person services. How To Quickly Fight KYC Fraud.

Security 174

Security Fintech Data Fraud 174

PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

Cards 130

Cards United States Payments Innovation 130

PYMNTS

AUGUST 29, 2018

Air Canada, the Canadian airline operator, confirmed to TechCrunch on Wednesday (August 29) that its mobile app suffered a data breach. According to news from the site, Air Canada said the data breach of its mobile app affected approximately 20,000 people — or about 1 percent of the 1.7 million people who use the app.

Data 101

Data Mobile Cards Operations 101

PYMNTS

DECEMBER 14, 2020

They are using everything from cash to mobile wallets to complete these transactions, requiring retailers to race to accommodate a wide variety of payment methods. Consumers expect checkout to be frictionless, fast and secure,” Gaines explained. “It Contactless Payments And eCommerce.

Payments 349

Payments Online Retail Mobile 349

PYMNTS

FEBRUARY 19, 2020

Corporate buyers can pay more rapidly online with credit cards, benefitting sellers, and enjoy easy access to detailed, searchable information to guide their purchasing decisions. Trade shows, corporate board meetings and business fundraisers are important parts of companies’ operations, but are difficult to pull off.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 18, 2020

This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future. The Fraud Threats Of 2020. This gives QSRs no chance to weigh in on customers’ assertions and dispute any illegitimate claims.

Fraud 229

Fraud Trends Security social media 229

PYMNTS

JUNE 7, 2018

With the growth of contactless payments, Precise Biometrics is teaming up with NXP Semiconductors for a smart card solution. Precise BioMatch® Card software will be integrated into NXP’s contactless biometric smart cards with the collaboration, Precise said in an announcement. “We

Cards 109

Cards Software Security Payments 109