PYMNTS

AUGUST 29, 2019

Digital fraud is particularly threatening in Southeast Asia, despite the fact that the Association of Southeast Asian Nations’ (ASEAN) eCommerce market is projected to exceed $200 billion in value by 2025. Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region.

Fraud 158

Fraud blockchain System Cards 158

PYMNTS

JULY 8, 2020

That includes paying for everything from clothes to restaurant deliveries through online and card-not-present transactions. But drill down a bit, and cash usage has varied from country to country and region to region, depending on what phase of the pandemic (and lockdown) these countries are in. “On

ATM 214

ATM Regional Mobile Payments 214

PYMNTS

JULY 21, 2017

Fraud varies country to country, region to region. Just as payment methods are varied, so too are the ways that people pay, and whether, given a certain locale, they prefer paper (cash) over plastic (via mag stripe or chip card), or mobile over interactions with the cashier — these differences color fraud as well.

Fraud 116

Fraud United States Regional Cards 116

Abrigo

AUGUST 31, 2023

Uncommon client situations present themselves more often than they used to, and the circumstances presented may need more procedural guidance. Regions serving these communities must have alternative KYC procedures to benefit members and prevent undue stress and anxiety.

Compliance 195

Compliance Community Training System 195

PYMNTS

AUGUST 7, 2019

For Mastercard, the acquisition furthers the continued strategy to move well beyond cards and deepen its presence in account-to-account activity and extend its position beyond credit and debit cards. The second use case on offer revolves around bill presentment and payment. We [all] have to buy things; we have to pay bills.

Payments 192

Payments Examples System Marketing 192

PYMNTS

OCTOBER 23, 2018

-based merchants sell across borders, but that percentage lags behind other nations such as Germany and the United Kingdom, where half of merchants that sell goods and services online do so across borders. To capitalize on that aforementioned eCommerce growth in emerging markets and log sales in those regions, U.S. Villegas said.

Payments 164

Payments Regional Online America 164

PYMNTS

FEBRUARY 7, 2018

When a customer reaches the checkout counter, he or she presents their phone and the coupons are automatically added to the order. Over a year of research, development and beta testing, Shopkick Grocery was found to increase consumer basket sizes to $59 in grocery, drugstore and retail spend per trip versus the $32 national average.

Texas 116

Texas San Antonio Oklahoma City Oklahoma 116

Gonzobanker

FEBRUARY 8, 2022

Maybe that’s why the special FinXTech presentations running alongside more traditional financial, legal, and risk sessions were jam packed with executives furiously scribbling notes. The grassroots of community and regional banking will no longer be vanilla operations geographically focused.

Fintech 165

Fintech Customer Experience Conference Technology 165

PYMNTS

MARCH 26, 2019

The high usage of voice – which is one of the fastest-growing adopted consumer technologies – “presented a tremendous opportunity” for ordering at restaurants due to “the speed and convenience voice allows to the consumer,” Sandler told PYMNTS in an interview.

Technology 121

Technology Maine Study Google 121

South State Correspondent

JANUARY 4, 2023

For any banker looking for clarity, we present five New Year’s resolutions, no matter your size, that provide a roadmap to accomplish both the short and long-term objectives of a top-performing bank. As a result, national banks are eroding the customer base of the community bank. Why “Growth” is Not on The List. Conclusion.

Community Bank 195

Community Bank Capital Lending Training 195

PYMNTS

DECEMBER 3, 2018

Javier Santamaria, chair of the EPC , provided an update to PYMNTS on the challenges both faced and still present — and what lies ahead. As he stated, the EPC aims to bring SCT Inst to a progressively wider geographical scope of countries, ultimately reaching 34 nations, as laid out in plans disclosed last year. “On 21 of 2017.

Payments 155

Payments National System Regional 155

PYMNTS

JULY 17, 2018

As Bloomberg reported, national banks are exempt from state-level dictates on usury limits. In the past (and the present), some online lenders have sought to help leverage that exemption as a way to avoid relatively lower interest rate limits. By way of example, the rate cap in NY on loans (less than $250,000) stands at 16 percent.

Fintech 100

Fintech Regulation New York Management 100

PYMNTS

APRIL 18, 2016

The companies said in a joint statement Sunday, April 17, that they are launching a new international remittance receiving service in the nation. BRAC Bank, in turn, has been billed as one of the fastest growing banks in Bangladesh, with 175 branches and 450 ATMs across that nation, serving more than 1.7 million customers.

National 100

National Mobile United States Maine 100

PYMNTS

NOVEMBER 14, 2016

Some national and regional markets are more willing to accept AR than others. Those numbers look pretty different by region. And every one of those downloads required users to give up email information, search history and even payment card credentials. And users happily did (that’s hype for you).

Security 100

Security Regional Data Examples 100

Gonzobanker

DECEMBER 17, 2021

From nowhere, sizable regional players are being created. Some interesting finalists would be: M&T and People’s United Old National and First Midwest Webster and Sterling Columbia Bank and Umpqua. Performance and multiples continue to be solid, outperforming most regional banks. Bank Merger of the Year.

Fintech 142

Fintech Strategy Leadership Lending 142

Gonzobanker

DECEMBER 19, 2022

As if that wasn’t enough, regulators took a sledgehammer to debit fee income with Reg II changes that will begin reducing card-not-present interchange fees starting in July 2023. Acronym of the Year – CCCA (Credit Card Competition Act). In January, we were discussing crypto and the need to formulate customer crypto strategies.

Community 216

Community Fintech Industry Innovation 216

PYMNTS

JANUARY 17, 2017

No dream, this: Alipay is expanding its efforts and footprint in North America to capture discretionary spending as Chinese tourists flock to the region for culture and entertainment … and spend on everything from food to handbags. Of that, picture 120 million wallets right in your own backyard, flush with cash and credit.

Los Angeles 100

Los Angeles San Francisco America Retail 100

PYMNTS

MARCH 5, 2018

On the upside, this year’s Best Picture presenters, Warren Beatty and Faye Dunaway, managed to make the most of their second chance and got the winner’s name right the first time around. From there, the finalists are invited to their “Shark Tank” presentation, and the top three winners are picked by a mixed panel.

Regulation 108

Regulation Data Regional America 108

FICO

OCTOBER 20, 2020

FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers through its FICO® Benchmark Reporting Service. Spend on UK cards continues to increase. Average spending on UK credit cards increased in August for the third consecutive month, up 6.9 Card usage continues to increase.

Report 52

Report Cards Payments Trends 52

FICO

AUGUST 3, 2022

FICO colleagues Andy Procter and Supriti Singh were on hand with their presentation Application Fraud – Rules, Models and Humans. Criminals are making use of automation to industrialize their fraudulent attacks, including card fraud. Here’s an excerpt of what Adam reported: 1. Synthetic Identities and Application Fraud. Fun, Fun, Fun.

Fraud 52

Fraud Analytics Trends Innovation 52

Fintech Labs Insights

MARCH 23, 2022

Positive Pay (aka Zifi Shield): Allows customers to authorize checks presented for payment (before the money leaves your account). Debit card. Smart, albeit expensive, for a regional bank to create a national digital brand. Invoicing tools. Bid management tools. Customer management tools. rhymes with “jiffy” I presume).

Seattle 15

Seattle United States Tools Branding 15

FICO

OCTOBER 20, 2020

FICO monitors the UK credit market using data reported by the UK’s leading credit card issuers through its FICO® Benchmark Reporting Service. Spend on UK cards continues to increase. Average spending on UK credit cards increased in August for the third consecutive month, up 6.9 Card usage continues to increase.

Report 40

Report Cards Payments Trends 40

FICO

FEBRUARY 25, 2019

Momentum is high in the consumer-contributed data space: consumers are getting more comfortable with sharing their data , provided they are presented with clear benefits for doing so. Put another way, across all FICO Score ranges, the likelihood that a consumer with a newly issued bankcard will pay that card as agreed has decreased.

Trends 63

Trends Fraud Data National 63

Gonzobanker

DECEMBER 20, 2019

Second Curve analyst Zack Maxfield opened a TD Bank checking account on his phone in nine minutes while he waited to speak with a teller at one of the bank’s branches, but waited an hour to fund the account and order a debit card. The 2019 Industry Oh Sh*t Moment Award – Goes to Apple and Goldman Sachs for the Apple Card launch.

Idaho 148

Idaho Conference Data Marketing 148

MyBankTracker

FEBRUARY 22, 2021

If you are looking for any type of personal insurance and already have a AAA membership, The California State Automobile Association (CSAA) could be the AAA-affiliated insurer that services your region. Coverage and rates vary by state and region; there are restrictions and limitations based on location. Best for more than 90 years.

Groups 52

Groups Policies California South Dakota 52

PYMNTS

SEPTEMBER 3, 2018

All of this was coincident with reports of widespread app outages, with MoviePass running out of money and taking a short-term, high-interest loan just to fund member purchasing cards. Adyen’s IPO comes as other companies in the region have struggled this year to sell shares due to a volatile stock market and political uncertainty.

Branding 100

Branding Cards Fraud Marketing 100

CB Insights

DECEMBER 4, 2019

Swipe fees alone are a $90B-a-year business for banks, card networks like Visa, and payment processors like Stripe. The company announced it would pass on the special card savings Amazon gets from card networks (because of the volume of purchases they can guarantee) to retailers that adopt Amazon Pay. Amazon Cash.

Cards 101

Cards Lending Strategy US 101

Insights on Business

AUGUST 28, 2019

They’ll do odd stuff like take money out of an ATM and put it back in to drive up their apparent activity, or run up a credit balance on a card, or all take out home equity lines of credit (HELOC’s) for the same amount, etc. Say you build a model on well-featured credit card data, then show it a transaction for $10 million. In the U.S.,

Fraud 93

Fraud Training Cards Data 93

Independent Banker

FEBRUARY 24, 2016

New inspirations, fresh experiences await at ICBA’s national convention. ICBA’s national convention offers an educational lineup this year of more than 60 workshops and networking sessions. ICBA’s national convention offers an educational lineup this year of more than 60 workshops and networking sessions. Monday, March 7.

Community Bank 70

Community Bank Community Innovation Customer Experience 70

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed.

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Mergerama Region of the Year – The Midwest: Huntington-First Merit, Chemical-Talmer, Old National-Anchor … the list goes on. Or the need to take market share in a slowest growth region? Hats off to Chase for uncovering something that attracts millennials to the credit card product that most banks missed.

Utah 60

Utah System Community Marketing 60

Insights on Business

AUGUST 28, 2019

They’ll do odd stuff like take money out of an ATM and put it back in to drive up their apparent activity, or run up a credit balance on a card, or all take out home equity lines of credit (HELOC’s) for the same amount, etc. Say you build a model on well-featured credit card data, then show it a transaction for $10 million. In the U.S.,

Fraud 70

Fraud Training Cards Data 70

FICO

JUNE 21, 2021

In a year that presented fraudsters with new opportunities to exploit consumers, UK financial institutions continued to lead the charge to reduce European card fraud. However, other nations did not fare as well. In an incredibly challenging year, only five of the 18 countries analysed by FICO achieved a reduction in card fraud.

Fraud 52

Fraud Cards Study Data 52

Gonzobanker

DECEMBER 22, 2014

And won’t address the biggest area of fraud growth, which is card-not-present. The app is in the private pilot phase now with 10,000 downloads on the Google App Store (albeit with a one-star rating), with plans for regional and national rollouts in 2015. Then … the push to accelerate the timetable to get to EMV.

Los Angeles 101

Los Angeles Apple Risk Management California 101

CB Insights

APRIL 10, 2019

The university was granted a patent around “hallucinating facial features” — a method to help law enforcement agencies identify masked suspects by reconstructing a full face when only the periocular region of the face is captured. Linking facial recognition to personalization for shoppers presents a big opportunity in retail.

Industry 78

Industry Examples Security Technology 78

PYMNTS

DECEMBER 12, 2017

At the dawn of the new millennium, consumers had only a few payment methods to choose from – cash, check or cards – and only a small fraction used them anywhere other than a brick-and-mortar storefront. We are seeing an evolution where it is less about where Visa cards are accepted, but rather how they are accepted,” said Singh.

Payments 151

Payments Cards blockchain Innovation 151

Tomorrow's Transactions

FEBRUARY 15, 2016

National currency and central banks were of their time. As I wrote recently, the Bank of England could provide accounts for all citizens, along with payment cards and Internet access and so on. The six main reasons that are presented in the report are: Overcoming the zero lower bound on interest rates.

Industry 39

Industry Maine System Payments 39