PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. Fortunately, Cadore quickly pivoted her business to focus on online sales and partnerships with online retailers.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

OCTOBER 15, 2019

Data from more than 26 million credit and debit cards was stolen from BriansClub, an underground marketplace for stolen credit card information, KrebsOnSecurity reported Tuesday (Oct. The hacked records were lifted from online portals as well as brick-and-mortar retailers over the past four years. million card records for sale.

Cards 122

Cards New York City New York Data 122

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. Now, a new legislative battle is waging in the state of Georgia. The debate involves virtual cards and their use by insurers to pay healthcare providers. The rules become effective Jan.

Cards 100

Cards Georgia Alabama New York 100

PYMNTS

SEPTEMBER 29, 2020

The giant eCommerce website can now connect a stored credit card with a palm print. But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. The service is designed to be highly secure and uses custom-built algorithms and hardware to create a person’s unique palm signature.”.

San Francisco 349

San Francisco Seattle Missouri Chicago 349

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While fraud detection software and robust security measures are essential, educating clients on fraud prevention is equally important.

Fraud 195

Fraud Resources social media Software 195

PYMNTS

SEPTEMBER 26, 2019

The attorney general of New York has filed a lawsuit against Dunkin’ Brands over a cyberattack that saw the theft of tens of thousands of dollars from customer value cards. The hacks started early in 2015, and money stored on almost 20,000 customers’ value cards was compromised.

Data 109

Data New York Cards Security 109

PYMNTS

JANUARY 14, 2020

As reported last year, the major networks – including American Express, Visa, Mastercard and Discover – said they would implement the EMV Secure Remote Commerce standard, with click-to-pay technology, with wide availability beginning in 2020. Click-to-pay is interoperable with the EMVCo tokenization and the 3-D Secure specifications.

New York 170

New York Security Cards Retail 170

PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. Security researchers Noam Rotem and Ran Locar discovered the database and reported their findings to TechCrunch.

Regulation 108

Regulation Bitcoin New York Online 108

PYMNTS

APRIL 18, 2019

The New York District Attorney’s (DA’s) office has shut down one of the largest drug vendors on the dark web, sinmed, as well as arrested the three men who allegedly ran it. ” The three men allegedly used a system to streamline their revenue as well, funding prepaid debit cards with bitcoin and withdrawing it as cash.

ATM 100

ATM Online New York Bitcoin 100

PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. The truce stands to benefit merchants most of all, as it will expand their ability to use their PayPal funds to support business expenses and unlock new possibilities at the point of sale. customers already have access to PayPal debit cards.

Cards 125

Cards Retail New York Innovation 125

CB Insights

APRIL 21, 2021

Global payments giant Mastercard has acquired Ekata , a digital identity and security platform provider, in a $850M deal. Mastercard: Headquartered in New York, Mastercard is a major multinational payments processor company that acts as a link between banks of merchants and the banks of the purchasers. Want the full post?

Security 63

Security Seattle New York Software 63

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

Cards 118

Cards US Seattle United States 118

PYMNTS

SEPTEMBER 29, 2017

The EU’s PI licensing requirements are especially stringent, with strict requirements on PI infrastructure, shareholder qualifications, Know Your Customer (KYC) and AML policies and information security programs. To date, only 10 companies have obtained the license in Luxembourg.

Security 129

Security Payments Fintech United States 129

PYMNTS

JULY 30, 2019

Software engineer Paige Thompson, 33, allegedly boasted about the hack and left crumbs for investigators to follow, The New York Times reported. Online, she used the name “erratic.”. A former Amazon systems engineer working for Capital One is said to be the woman behind a breach that accessed the data of over 100 million people.

Capital 219

Capital Seattle United States New York 219

PYMNTS

JUNE 2, 2020

Zip Co Ltd, the Australian buy now, pay later (BNPL) company, is acquiring rival QuadPay , the New York-based payment installment platform, the firms announced on Tuesday (June 2). It comes as younger shoppers seek easy alternatives to interest-charging credit cards. million customers and 26,000 merchant partners.

Marketing 130

Marketing US New York Cards 130

PYMNTS

MAY 3, 2019

Co-Founder and CEO Eran Shust told PYMNTS in an interview that the aim is to bring more options to the table and enable travelers to “choose something not out of the specific package[s] that most of the OTAs [online travel agencies] are offering.”. Travelers visit the company’s website and search for a destination, such as New York.

Online 100

Online Innovation New York Marketing 100

PYMNTS

JULY 11, 2018

There is also news about a major chain’s data breach, why U.S. card firms are breathing easier about India and a fresh estimate about security costs for the Internet of Things. Walmart Bringing Same-Day Delivery t o New York City. Macy’s Data Breach Includes Online Card Data.

New York City 100

New York City Houston New York Data 100

PYMNTS

NOVEMBER 11, 2016

First, the bank’s fraud system detected suspicious activity , which led to thousands of customer cards being blocked from usage. The bank had to suspend online transactions but quickly resumed full service after the theft. The bank had to suspend online transactions but quickly resumed full service after the theft. 8) that £2.5

Las Vegas 173

Las Vegas Fraud Honolulu Cards 173

PYMNTS

JUNE 3, 2019

Quest revealed the information in a securities filing. It stated that the American Medical Collection Agency (AMCA), which is based in Elmsford, New York, informed Quest on May 14 about the eight-month breach. It has also relocated online payments to a third party and hired security experts.

blockchain 134

blockchain New York Security Data 134

PYMNTS

SEPTEMBER 11, 2017

Equifax, the credit scoring company that suffered a data breach that impacted as many as 143 million Americans, is blaming a vendor software flaw in its online databases. consumers and potentially compromised the credit card numbers of approximately 209,000 people. Large-scale security breaches are becoming all too common.”.

Software 165

Software New York Connecticut Security 165

PYMNTS

JANUARY 31, 2020

Travel industry services are catering to the thousands of millennial and Gen Z travelers who are booking big trips by augmenting their platforms with online and mobile support. Travel platforms are enabling more online bookings than ever, and 83 percent of U.S. Security Remains Innovation’s Watchword.

Industry 168

Industry New York City Online Security 168

Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Since the pandemic started, Crowe says, more customers are opening online or mobile accounts and making remote payments. Online U.S. By Elizabeth Judd.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

OCTOBER 24, 2018

Fewer consumers use physical currency when making purchases, and are instead turning to more modern, digital methods of payment, particularly when making purchases online with debit cards. This data is constantly evaluated for behavioral changes, new trends or other emerging factors that could help the company identify fraudsters. .

Fraud 166

Fraud Cards Online Data 166

PYMNTS

JUNE 1, 2017

announced that its quick, safe and secure payment method, Visa Checkout, has launched in the U.K., According to Finextra , Visa Checkout allows consumers to securely store shipping and payment details without having to re-enter information while shopping online. Cards, Barclaycard. “By merchant to get on board.

New York 101

New York Security Cards Online 101

PYMNTS

JANUARY 10, 2017

Those who are unbanked pay to cash their checks, to get money orders to pay their bills and to buy and use prepaid cards. SNAP online . The USDA is in the process of rolling out a pilot program that will allow SNAP program enrollees to buy groceries online. Is there any way out of that?

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Online Chicago New York Mississippi 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Online 98

Online Company Retail Payments 98

PYMNTS

JUNE 29, 2020

Wirecard, focused on online payments, in recent years created Boon, a mobile app payment system tied to Europe, and offered WeChat Pay to European merchants as recently as this year. Rapidly ascending stock prices belie optimism that the horizon (and profits) remain clear for companies. Both firms promised to transform their industries.

New York 178

New York Comparison Fraud Cards 178

PYMNTS

APRIL 3, 2018

Experts say an employee phishing scam is likely to blame for the data breach affecting millions of Saks Fifth Avenue and Lord & Taylor payment cards. Hudson’s Bay disclosed the breach on Sunday and said an estimated 5 million cards were compromised. The Canadian company noted it has commenced an investigation.

New York 129

New York Software Cards Data 129

PYMNTS

NOVEMBER 4, 2016

Identity data is the critical currency for perpetrating online fraud. With access to one compromised bulb, hackers can also easily gain access to all bulbs nearby within minutes, The New York Times reported. These are some grim results. According to Tripwire, they may just be a little too confident.

Data 100

Data Cards Retail Security 100

PYMNTS

AUGUST 15, 2018

On a computer, the software collects data on the rhythm of the keystrokes and how they use the mouse, according to a report in The New York Times. Security, though, is another goal. Observers see a lucrative opening for biometrics within the new PSD2 regime. Some bang on the keyboard.”.

Fraud 112

Fraud Software New York Security 112

PYMNTS

NOVEMBER 7, 2016

One of this year’s favorites so far, according to reports in The New York Times, has been fake retail and product apps popping up in the Apple App Store of late. We’ve set up ways for customers and developers to flag fraudulent or suspicious apps, which we promptly investigate to ensure the App Store is safe and secure.

Retail 204

Retail Apple Branding New York 204

PYMNTS

JANUARY 30, 2017

And chip cards keep eating away at counterfeit fraud — news that might be somewhat more joy-inducing were it not also the case that data breaches hit their all-time high in 2016 as well. He noted the service would only be for shoppers who have a Target REDcard credit or debit card in the beginning (somewhat similar to Kohl’s Pay).

Cards 100

Cards Data Payments Fraud 100

PYMNTS

SEPTEMBER 10, 2019

Superbia Credit Union will offer products such as loans for transgender people in the process of transitioning, said Myles Meyers, founder of New York-based Superbia Services Inc., The charter means that online service could launch in early 2020. And when they do secure financing, they usually pay more for it. “I

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Michigan Oakland Community New York 102

PYMNTS

OCTOBER 7, 2020

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. So, use your credit card to buy cryptocurrency that you give a scammer and you might be stuck.

Bitcoin 233

Bitcoin cryptocurrency Fraud Cards 233

PYMNTS

MARCH 11, 2019

As of February, the payment method was available at 3,000 brick-and-mortar Walgreens stores in places such as San Francisco and New York. Clover lets shoppers use credit cards and debit cards as well as digital payment methods, such as Samsung Pay. And payment companies are rolling out new products.

Retail 213

Retail Technology Atlanta San Francisco 213

PYMNTS

JUNE 10, 2019

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. Communities government purchasing co-op.

New York City 145

New York City New York Nevada Payments 145

PYMNTS

AUGUST 22, 2019

According to a report from Chain Store Age , “7-Eleven is introducing mobile checkout to select locations in New York City. The new frictionless shopping experience is integrated into the 7Rewards loyalty program in the convenience retailer’s mobile app. That technology was originally tested in lawn and garden centers.

Mobile 128

Mobile New York City Retail Austin 128