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.

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Cards Security United States Technology 187

PYMNTS

MAY 13, 2019

Their portability and low price points enable SMBs to participate in the commercial scene while presenting various payment options to consumers. . Commonplace operations such as food trucks and nonprofits are using these products, as are furniture restoration merchants and even buskers. Security risks and defenses .

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Security Cards Branding Payments 123

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.

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PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

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PYMNTS

MARCH 12, 2020

And according to Jennifer Schroeder, executive vice president of product management at PULSE, prepaid and payroll cards are proving increasingly popular among forward-thinking employers. The Security Angle. As has been reported, the platform can help issuers manage, or restrict, transactions across groups of compromised cards.

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PYMNTS

AUGUST 16, 2019

A new Bluetooth security flaw was discovered that could leave users’ data unprotected and open to hackers, The Verge reported on Friday (Aug. The weakness was discovered by researchers who presented their findings at the USENIX Security Symposium. But the technology also makes it easier to counteract attacks.

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PYMNTS

SEPTEMBER 11, 2019

Such caution presents a high bar that app-based startups must overcome. Financial services providers must run tight ships when offering mobile services, and various techniques can help keep them secure. Virtual cards are also beneficial because they can be reissued faster than plastic cards in the event of a merchant’s data breach.

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PYMNTS

FEBRUARY 4, 2020

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest of businesses, and data from those systems is the new currency of operational efficiency. Leavitt said in a recent interview with Karen Webster.

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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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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. The need to secure open banking has only grown as financial criminals have stepped up to exploit disruptions caused by the COVID-19 pandemic, he added.

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Security Fintech Data Fraud 174

PYMNTS

DECEMBER 20, 2018

has lowered its security deposits that go to Visa and Mastercard, reported RT.com. The report noted security deposits are often used to show lenders a bank can meet its debt obligations. “We Security deposits are still presented in the payment systems, so we deliver on our commitments.”. percent from 17.5

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PYMNTS

AUGUST 21, 2019

One way to cut the paper chase is for companies to embrace commercial card products, which can speed payments and aggregate information alongside those payments, while reducing errors and eliminating security risks typically associated with ACH transactions. avoids cross-border and FX fees , as payments are settled in GBP, euros, U.S.

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PYMNTS

SEPTEMBER 18, 2019

and divisions in the Netherlands, Singapore and South Korea — have embraced offerings like virtual and purchasing cards that expedite the payment workflow. . Virtual cards move payments quickly,” Phoenix said. “We Making Virtual Cards A Reality . In addition, virtual card numbers can be used only once before they expire. .

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Cards Phoenix Fraud Payments 116

PYMNTS

FEBRUARY 18, 2019

Securities and Exchange Commission has sued financier Joshua Sason for fraud. Sason ran a company called Magna Group, and according to the SEC, raked in more than $25 million via what the federal agency in its complaint described as an operation that involved the quick dumping of penny-stock shares that had been illegally gained.

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PYMNTS

JUNE 1, 2020

Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. Part of that includes reminding consumers to use their contactless cards when they check out in their stores (if they have one) or their mobile wallets (if they choose). Uber and Starbucks pioneered it.

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Cards Study Maine Payments 147

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. And, I didn’t have to pay interest, so I’d say Afterpay worked out for me well in this instance.

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PYMNTS

OCTOBER 9, 2020

This includes upgrading digital security measures, but the resurgence of brick-and-mortar commerce has required upgraded technologies to accept contactless payments and mobile wallets. These wallets are connected to familiar debit or credit cards, the details of which must also be kept safe from enterprising fraudsters.

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Fraud Retail Report Online 188

CFPB Monitor

DECEMBER 26, 2019

The FTC has filed a lawsuit in an Atlanta federal district court against a company that markets fuel cards to operators of vehicle fleets in which the FTC alleges that the company violated the FTC Act’s prohibitions on unfair and deceptive acts and practices. Not providing advertised per-gallon savings to card users.

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Cards Marketing Atlanta Exercises 78

PYMNTS

JANUARY 9, 2020

The shift from magnetic stripe to EMV chip cards marked one of the 21 st century’s most widespread payment developments. Chip cards have been heralded for their improved functionality and security, but they have still failed to address critical authentication problems, leaving retailers to bear the brunt of these vulnerabilities.

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Fraud Cards Retail Security 131

PYMNTS

JUNE 1, 2016

The company, founded within Paris-based startup studio eFounders, allows corporate managers to create physical or virtual commercial cards for employee spend; the tool then provides a platform for professionals to manage the activity on those cards and assess expenses.

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Software Cards Management Maine 100

PYMNTS

JULY 28, 2020

The new tool, called Payment Solutions for SYSPRO, aims to offer real-time credit card processing for sales order entry and invoicing within SYSPRO. SYSPRO customers will now have access to seamless deposit collections for open invoices made with credit cards, which will help improve cash flow and reduce debt, the release stated.

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PYMNTS

NOVEMBER 19, 2020

In addition, the Super Bowl Experience, presented by Lowe's, will also be cash-free, and fans that only have cash will be able to access ATMs that accept cash and dispense Visa cards up to $500, available with no fees, the release says. And Visa pre-paid cards dispensed in the stadium will also work outside the stadium.

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ATM America Cards Payments 201

PYMNTS

SEPTEMBER 3, 2020

with cash — and consumers are even starting to ditch plastic cards. Many of these smaller firms, he said, did not have individual, digitized payment experiences woven into their overall operating infrastructures before the pandemic hit. Security Is Top Of Mind . Only 26 percent of all consumer payments are made in the U.S.

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PYMNTS

OCTOBER 17, 2017

Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients. And that’s good news for card issuers, too, which could see greater net-new card payment volume.

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PYMNTS

OCTOBER 16, 2020

Numerous quick-service restaurants (QSRs) have deployed these technologies to support their operations, tailor their customer service approaches and even boost sales, but many players, including several big names, have been reluctant to invest in such innovations. Mobile ordering fraud presents an even greater challenge for QSRs.

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Analytics Data Fraud Tools 273

PYMNTS

APRIL 2, 2020

For payment service providers, this presents an opportunity to guide small and medium-sized businesses (SMBs) that serve both business and consumer customers toward solutions that can not only support customer satisfaction, but also promote efficiencies for the seller as well. Time is of the essence for B2B small businesses,” said Gray. “To

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Payments Cards Customer Experience User Experience 160

PYMNTS

JANUARY 27, 2019

Mastercard , the payments company, said late last week that it is still committed to operating in China. In a press release , Mastercard said that it is making every effort to secure the license to access the domestic Chinese market and confirmed it is in active talks with different solutions.

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Payments Security Operations Cards 195

PYMNTS

DECEMBER 9, 2019

However, transporting shipments from coast to coast presents a host of challenges. Drivers can take out cash advances on their paychecks to make work-related transactions, and they are allowed to have $200 of their weekly wages delivered in advance to business spending cards. Independent Owner-Operators Face Their Own Hurdles.

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Cards Tools Operations Payments 163

South State Correspondent

FEBRUARY 22, 2024

For example, at present, return on equity performance is about 12% for the average community bank. After adjusting for risk and cost, individual securities and loans perform approximately the same. Securities add no long-term value while loans contribute about 10% ( HERE ) to value. Why is that?

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PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. In a wide-ranging discussion, Socure CEO Sunil Madhu and PYMNTS’ Karen Webster discussed the brave new world of identity security and verification, and what those terms mean when it should be assumed that all of your data has been compromised.

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Security Data Fraud Regulation 109

PYMNTS

MAY 2, 2017

Credit card fraud is a fact that will likely continue to plague retailers for the foreseeable future. It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. What happened was exactly what was expected.

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Fraud Data Cards Retail 150

PYMNTS

JANUARY 19, 2021

The payments made with AeroPay will then be funneled through a secure bank-to-bank transfer between customers and the business, the release stated. Because of the cannabis industry’s federal illegal status, taking traditional card payments isn’t possible for most businesses.

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Online Retail Operations Payments 145

PYMNTS

JULY 31, 2019

Mobile technology by payments provider ACI Worldwide is a crucial part of the Co-operative Group’s (Co-op) new pay-in-aisle app, the firm said in a July 31 press release. . retailer to introduce both chip-and-pin and contactless cards in the U.K. One of the U.K.’s The Co-op was the first U.K.

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PYMNTS

NOVEMBER 16, 2020

It will be fully operational starting Monday (Nov. Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. But as far as that migration being a threat to credits cards, Kavakama said he doesn’t see that happening.

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Payments System Cards Fraud 328

PYMNTS

JULY 7, 2020

Digitizing operations tops the list of merchant imperatives, but getting there can be a struggle — especially when it comes to digitizing the checkout experience for a post-pandemic age. Those types of technology initiatives are increasingly being adopted by businesses of all sizes, said Park, across card-not-present (CNP) transactions.

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Video Tools Mobile Online 284

PYMNTS

NOVEMBER 23, 2020

“While technological advancements have revolutionized many aspects of operations, payroll and expense management are not [among] them. Banking as a service makes it far easier for [entities] from startups to multinational corporations to access and create simple, fast, secure and transparent full-fledged financial products,” Athavale said.

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System Management Tools Cards 165

PYMNTS

JANUARY 19, 2021

The payments made with AeroPay will then be funneled into a secure bank-to-bank transfers between patients and the businesses, the release says. Because of the cannabis industry's federal status as an illegal one, taking traditional card payments isn't possible for most businesses.

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