NCR

MAY 14, 2018

With more countries investing in faster payments solutions, there are more options than ever for people to complete a purchase online. But the number one option remains online card payments, and new research has highlighted several reasons why this is the case. Where card payments still lag behind.

Online 61

Online Cards Payments Study 61

PYMNTS

OCTOBER 4, 2019

That does not mean older verification methods are obsolete, however: Many companies still rely on knowledge-based authentication (KBA) methods like passwords or security questions, even in areas like business lending — where stringent verification is crucial. Another form of identity security is biometrics. About The Tracker.

Online 144

Online Ohio Knowledge Base Regional 144

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

Security 189

Security Capital Analytics Software 189

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

Cards 109

Cards Fraud Regional Training 109

PYMNTS

JANUARY 7, 2019

Coverage includes the launch of Wirecard and Ctrip ’s multi-currency Visa cards for customers in China. Digital financial technology company Wirecard and online travel agency Ctrip are rolling out multi-currency Visa cards to Ctrip customers in China, Wirecard said in an announcement. In addition, U.K. ”

Cards 168

Cards Groups Payments Regional 168

PYMNTS

SEPTEMBER 30, 2019

As weaknesses in authorization systems can be exploited by online thieves, financial services firms are more vulnerable to hackers and get hit 300 times more often than other businesses, according to the Boston Consulting Group. Threat Scan is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

Boston 177

Boston Security System Cards 177

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Revolut has launched an acquiring solution for its Revolut Business starter pack, which will allow businesses in 13 European countries to accept credit card payments online.

Fraud 159

Fraud Capital Regional Security 159

PYMNTS

JULY 18, 2017

Rivals Visa and PayPal have shaken hands over a joint plan to issue debit cards in Europe. Expanding our partnership into Europe provides greater consumer choice and benefits merchants,” said Bill Sheedy, CEO for the Europe region at Visa Inc. “By customers already have access to PayPal debit cards.

Cards 125

Cards Retail New York Innovation 125

PYMNTS

MARCH 31, 2020

With the investment, MatchMove, which is also based in Singapore, will be able to extend its “banking-as-a-service” wallet capability to Shopmatic’s ecosystem spanning over 435,000 eCommerce small and medium-sized businesses (SMBs) and individual entrepreneurs across the region.

Fintech 168

Fintech Regional Security Lending 168

PYMNTS

DECEMBER 14, 2020

Payment service provider PayFort , which is based in the Middle East and North Africa (MENA) region, has changed its name to Amazon Payment Services, a letter from Managing Director Omar Soudodi stated, and it will now offer installment payments. In June, PayFort debuted its #StartUpStayUp initiative for Middle Eastern small businesses.

Payments 199

Payments Fraud Video Regional 199

PYMNTS

SEPTEMBER 29, 2020

And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. trillion globally, according to Shoihet.

United States 286

United States Regional America Trends 286

PYMNTS

FEBRUARY 26, 2020

Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others. A value card gives VIP guests immediate access to winnings. There are more than 2.5

Oregon 232

Oregon Pennsylvania Innovation Operations 232

PYMNTS

NOVEMBER 15, 2016

Securities and Exchange Commission Chair Mary Jo White. The report noted SEC Commissioner Michael Piwowar said the regional offices of the SEC could serve as centers for FinTechs to receive guidance on regulations. Marketplace lenders may have to provide more information about borrowers if anything comes from comments from U.S.

Online 100

Online Regulation Regional Lending 100

PYMNTS

MARCH 12, 2020

Providers serving a wide array of businesses have access to more card or customer data than individual merchants, meaning they may be more able to flag individuals showing signs of fraudulent or unusual behavior. . Buy online, pickup in store (BOPIS) purchasing is one example.

Fraud 130

Fraud Analysis Regional Examples 130

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

FEBRUARY 27, 2018

27) at the Mobile World Congress that Flipkart, the Indian online grocer, is the first merchant in the Asia Pacific region to roll out Mastercard Digital Enablement Services for Merchants. The tokens let merchants offer enhanced security and customer experiences, Mastercard said in the press release.

Security 100

Security Cards Customer Experience Regional 100

PYMNTS

NOVEMBER 29, 2018

Rather than entering new payment information – including address and card details – users can easily enter Amazon account login info. “We’re delighted to offer Amazon Pay to our customers, as it is one of the most secure ways to pay for flights, as the user doesn’t have to re-enter their card details,” he said.

United States 168

United States Apple Retail Online 168

PYMNTS

MARCH 7, 2019

While these regulations are aimed at increasing consumer trust by allowing them more transparency, many consumers in the region are still adjusting. These security concerns are also prompting many payment providers and merchants, such as Mastercard , to rethink their approaches to privacy.

Lending 198

Lending Regulation Regional Data 198

PYMNTS

JANUARY 21, 2021

Financial institutions (FIs), FinTechs and other businesses that are looking to enable these rapid payments must therefore ensure that their security and fraud-fighting approaches are up to the challenge. Stronger security strategies and solutions could help turn the tide and boost adoption. Recent surveys found that 38 percent of U.S.

Fraud 231

Fraud Security Payments United States 231

PYMNTS

JULY 23, 2020

Regulators in Mexico passed a law governing FinTechs in March 2018, just two months after PSD2 went into effect in the European Union, and others in the region have since followed suit. the region. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools.

America 165

America Regulation Regional Tools 165

PYMNTS

JULY 24, 2020

These marketplaces need to have strong security approaches in place, however, to ensure they do not accidentally onboard any fraudulent sellers or let other scams be perpetrated across their platforms. The collaboration is expected to give Visa’s global merchant and card network access to M-Pesa’s financial services network.

Compliance 152

Compliance Report Payments Security 152

PYMNTS

APRIL 29, 2020

All eTailers need to provide convenient digital shopping experiences, but convenience cannot come at the expense of security. Fraudsters are leveling up attacks to take advantage of the rise of online shopping and so businesses must be extra vigilant. Deep Dive: Powering Global eCommerce With Locally Focused Checkout Experiences.

Online 192

Online Payments Report Fraud 192

PYMNTS

MARCH 8, 2017

7), Bluefin Payment Systems announced its new partnership with international online payments and fraud and data management solutions provider First Atlantic Commerce (FAC). PYMNTS: How will the partnership help to expand data security in the market? On Tuesday (Mar. What will it mean for the payments industry as a whole?

Marketing 101

Marketing Payments Regional Security 101

PYMNTS

MARCH 5, 2019

The executive said that among the most important factors in both sides of the relationship – that is, travelers and home owners – are “trust, protection and reliability,” noting that “every traveler should trust that their payment is secure, and every homeowner should feel confident that they receive payments on time.”.

Regional 148

Regional Mobile Security Fraud 148

PYMNTS

MARCH 26, 2020

As Davis noted, larger banks, including regional players, tend to have their own technology platforms — and direct integrations into their own networks — to enable mobile and contactless payments. The modernization aspect could be, ‘how do I get my card to all of the digital commerce platforms and stored on file?’” Davis told PYMNTS.

Community 247

Community Community Bank Mobile Cards 247

PYMNTS

JULY 17, 2020

He said that while small banks, credit unions (CUs) and regional players deeply fear being swept aside by the great digitalization wave that the pandemic has set off, their concerns aren’t actually unique to the financial industry’s smaller end. Rather, providers like Ondot can build a digital layer on top of an FI’s existing card portfolio.

Regional 198

Regional Cards National Trends 198

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. and around the globe. and around the globe. Onboarding Global Consumers.

Fraud 166

Fraud Cards Online Data 166

PYMNTS

SEPTEMBER 18, 2020

That’s especially true when looking at Chime’s model, which, though underpinned by some significant tailwinds wrought by the pandemic, rests on debit and prepaid cards, and on user interfaces … and, for would-be investors anticipating an IPO, an implied bet that challenger banks will dislodge incumbents. billion, as CNBC reported.

Los Angeles 231

Los Angeles UX Cards FDIC 231

PYMNTS

FEBRUARY 2, 2021

That’s the thinking behind Mozper , a debit card and app focused on improving financial literacy in Latin America. As digital options grow in the region and kids’ spending habits move away from cash, Mozper has just closed a funding round in its quest to instill healthy financial habits. The company recently said that it raised $3.5

Cards 157

Cards America Online Video 157

PYMNTS

OCTOBER 8, 2018

For decades, business partners have gathered at in-person meetings, conferences and networking events to do business, with the physical business card hand-off as a vote of confidence in a potential new client, service provider or vendor. “Asian small and medium-sized enterprises [SMEs] are a bit behind their U.S.

Regional 188

Regional Online social media Compliance 188

PYMNTS

AUGUST 14, 2019

For these transactions to run smoothly, however, communication must remain seamless and secure. A group of Nordic banks have selected Mastercard to overhaul its financial services operations for the region. Users will also be able to access international payment services through an online portal. Meanwhile, in the U.K.,

Fintech 168

Fintech Payments Cards Regional 168

PYMNTS

APRIL 30, 2020

Rules like the revised Payment Services Directive (PSD2) and the General Data Protection Regulation (GDPR) have been operating for several years in the European Union, for example, but there are different considerations when it comes to online transactions and privacy during a time when most consumers and businesses are operating indoors.

Regulation 188

Regulation Regional Data United States 188

PYMNTS

JANUARY 14, 2019

“With the development of innovative payment technology and commercial applications, UnionPay International is accelerating building up its innovative payment technology and service capacity, and promoting the digitalization of its card-based business, to support the development of mobile payment,” Jianbo said.

Innovation 128

Innovation Mobile Taxes Regional 128

PYMNTS

JULY 17, 2019

There are billions of individuals online, trillions of dollars in commerce exchanged digitally, and a myriad of approaches to online verification. The most recently-issued cards feature encryption and chips, containing personal information spanning gender, address and ethnicity.

Course 185

Course Regional Policies Data 185

PYMNTS

DECEMBER 12, 2019

Players in the sharing economy must contend with an increasingly complex online payments ecosystem as they move into new regions and attract participants to their platforms. Outdoorsy users looking to rent their RVs list them on the online platform for local renters to book.

Payments 137

Payments Fraud Regulation Innovation 137

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. Those under €30 ($33.93

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

AUGUST 3, 2017

About a year ago, Mastercard and Paypal managed to generate some waves by burying the hatchet and working together to make mobile and digital payments more widely accessible to consumers online and offline. The partnership will also allow consumers to choose Mastercard as their default payment method to allow for quick and easy check-out.

Regional 104

Regional Branding Mobile Cards 104