PYMNTS

MAY 21, 2020

To help businesses safely resume their operations, IntraEdge has rolled out its Janus “privacy-first” self-check temperature kiosks, according to an announcement. Additionally, the check-in process can be connected to HR systems already in place and can support card scanning as well as manual inputs.

Study 213

Study Security Report Technology 213

PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

AUGUST 7, 2020

Legacy payment options like paper are getting nudged out by faster better methods like credit cards, which are more cost-effective for buyers’ accounts payable (AP) teams to send and quicker for suppliers’ accounts receivable (AR) professionals to receive. Configurable And Secure For Remote Treasury. A Case Study In Digital Journeys.

Case Study 182

Case Study Study Survey Cards 182

PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. Social Security number as an identifier.

Security 110

Security Report National Millennials 110

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. cardholders more than $14 billion annually, or $213 each, according to one study. All the consumer needs to do is fill out a survey, at the end of which the page asks for a credit card number to pay for the $1 phone. trillion a year. Data-Rich Defenses.

Security 130

Security Fraud blockchain Cards 130

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.

Fraud 188

Fraud Retail Report Online 188

PYMNTS

NOVEMBER 17, 2020

Under COVID, one study finds that 22 percent of Americans had been targeted by pandemic-related fraud attempts as of April. PYMNTS’ latest Digital Fraud Tracker® , done in collaboration with Simility , is a study in the forces impacting fraud and security in a year when cyberthieves have been having a field day.

Fraud 182

Fraud Study Analytics Tools 182

PYMNTS

DECEMBER 22, 2020

The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. It also examines what tools companies can tap to make these payments swiftly and securely.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

SEPTEMBER 22, 2020

One recent study estimated that roughly 44 million Americans would tap food delivery apps by the end of this year, up from 38 million in 2019, and another survey predicted that the number of smartphone delivery app users will climb 25.2 One recent study reported that chargebacks rose 179 percent in the past two years. percent to 45.6

Fraud 255

Fraud Mobile Tools Study 255

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

NOVEMBER 2, 2020

In years to come, it’ll be hard to find anything as studied and surveyed as COVID-19’s effects on commerce. Payments and banking products were pushed to the head of the digital-first line thanks to the pandemic, leading to the acceleration of contactless and card-not-present commerce.

Study 205

Study Cards Payments Innovation 205

PYMNTS

JUNE 30, 2017

Cybercrime isn’t always about stealing credit card data. While few computer users opt for a Linux operating system, almost every consumer has an Internet of Things (IoT)-enabled device (or 10) that runs on it, from webcams and DVRs in the home to point-of-sale terminals and ATMs in businesses. “If Linux Malware Threats.

Security 137

Security Report Software System 137

South State Correspondent

MARCH 30, 2023

Increasing Deposit Balances and Profit Consider this case study – customer acquisition costs for a company that provides security guards and patrol services are about $8,000. The average security company has about $80,000 in deposit balances, while the average trade association has about $501,000 in balances.

Industry 195

Industry Resources Community Case Study 195

PYMNTS

FEBRUARY 13, 2020

This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study. federal government doesn’t issue a national identity card, so a number of states have taken it upon themselves. Add those to the 4.6

social media 150

social media Louisiana Colorado Samsung 150

PYMNTS

APRIL 4, 2019

According to a recent study by Citibank , 31 percent of consumers use their mobile banking app more than any other — placing mobile banking behind only social media and weather for most frequented mobile destinations. Banks need to expose more of their security aspects to consumers so they can seem them in action.

Mobile 169

Mobile Study Security social media 169

PYMNTS

JANUARY 13, 2021

percent had falsely claimed a charge on their credit card was fraudulent to score a refund. Consumers are taking their own protection more seriously, with a study finding that 60 percent of online customers became more aware of the threat of fraud during the holiday shopping season. A survey found that 92 percent of U.S.

Fraud 189

Fraud Analytics Data Retail 189

PYMNTS

DECEMBER 18, 2020

“Companies are adjusting their AP practices to better suit work-from-home operations, according to recently released results of a survey taken from May to June. financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The poll of 325 U.S. A Digital Stampede.

Payments 160

Payments Cards Report Tools 160

PYMNTS

SEPTEMBER 26, 2018

In the wake of controversy over its Chrome browser that dominated headlines this week, the search giant has said it will change some of the ways the web browser operates. Yet changes highlighted by media and security experts found that login to Chrome took place automatically upon signing into services such as the mail function.

Google 148

Google Study Data Security 148

PYMNTS

DECEMBER 16, 2020

A study found that restaurant revenues declined by 9 percent year over year in October, largely due to decreased in-restaurant traffic due to social distancing regulations. Mobile ordering systems are one of the few tools keeping restaurants afloat as th e pandemic wears on.

Fraud 310

Fraud social media Mobile Trends 310

Abrigo

JANUARY 24, 2024

A second fraud management and prevention consideration for credit unions is that FedNow will operate around the clock every day of the year. For example, an ATM scheme that operated through July 2023 targeted credit unions in six states, stealing nearly $6 million. According to news reports, one credit union alone had more than $1.7

Fraud 221

Fraud Payments Software Policies 221

PYMNTS

JUNE 19, 2019

To stay competitive, many CUs are turning to data analytics to improve their operations in a number of areas, such as faster transactions and improved security. A recent PYMNTS study found that 35 percent of CUs have made data analytics investments over the past three years. Find the rest of the feature story in the Tracker.

Analytics 131

Analytics Video blockchain Training 131

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. Fraud Case Study. Castle, founded in 2015, said it has raised $9.2 Account Takeover Growth.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

OCTOBER 29, 2020

Consumers have received warnings for years about the threat of card skimmers that can steal their debit and credit card data, and many have learned to check for the devices before inserting their cards into ATMs or swiping at self-serve gas station pumps.

Payments 124

Payments Cards Online Software 124

PYMNTS

JUNE 26, 2020

Introducing open banking principles has not been without friction, however, with banks and consumers concerned over how this sea change will affect FIs’ daily operations. Open banking’s nature fortunately provides superior data security to traditional banking models. Open Banking Prevents Data Exposure. In the U.K.,

System 198

System Data Security Examples 198

PYMNTS

APRIL 25, 2016

Of course, we have the quarterly numbers, too, including insight into how American Express’ commercial card business is holding up. billion worth of purchases went through Amex commercial cards in 2016’s Q1, American Express said in its latest quarterly earnings report. It’s all below in our weekly B2B Data Digest. . .

Fraud 100

Fraud Cards Lending Analysis 100

PYMNTS

DECEMBER 17, 2019

One study determined that roughly one-third of consumers have been victimized by fraud, leading them to contact their financial institutions (FIs) to change login credentials, cancel credit cards and guard against suspicious transactions. Bigger Banks And The Problems With Data Security.

Technology 142

Technology Fraud Data Security 142

PYMNTS

DECEMBER 4, 2020

In just one of the most recent announcements , Stripe said it is partnering with several large banks to offer financial services via Stripe Treasury to offer debit cards and bank accounts to online merchants and other enterprises. The banks signing on to the new offering include marquee names such as Goldman Sachs, Barclays and Citigroup.

Lending 224

Lending Meeting User Experience Innovation 224

Chris Skinner

MARCH 23, 2017

Over the last 15 years, Turkey has become one of the top three card markets in Europe in terms of total credit cards, debit cards, and point-of-sale (POS) terminals. million credit cards, 118.3 debit cards and 1.7 We process half of the card transactions while the other half is processed by banks.

Innovation 196

Innovation Cards Trends System 196

PYMNTS

FEBRUARY 24, 2020

A study from Kount and Javelin Research found that more than 40 percent of restaurants and other businesses have had online initiatives stopped due to the potential for cybercrime. Many expansions like these, however, are halted by the encroaching possibility of fraud. Deep Dive: How AI Helps QSRs Stop ATOs And Credential Stuffing.

Data 214

Data Fraud Mobile Florida 214

PYMNTS

JUNE 20, 2019

Retailers focused on combating fraud have credit cards in the cross-hairs of their efforts. But ramping up the war on card fraud can introduce a new risk to companies: false positives. The False Positive Threat. The issue of false positives is quickly becoming the biggest fraud concern for digital platforms.

Fraud 182

Fraud Payments Cards Strategy 182

PYMNTS

FEBRUARY 3, 2020

Amazon Lending traces its roots back to 2011, and the company had $863 million in SMB loans, according to recent filings with the Securities and Exchange Commission. As you likely know, Goldman Sachs has partnered with Apple to bring a new credit card to market. The Challenge. You need money to make money, goes the old saying.

Lending 146

Lending Apple Study Online 146

PYMNTS

SEPTEMBER 18, 2020

The first was that American mobile-wallet providers pretty much avoided it, starting with Apple eschewing QR codes in 2014 in favor of the higher-tech (and more secure) NFC technology. It turned out Americans liked paying by card just fine and weren’t looking for a change. Second, U.S. Or at least they weren’t until COVID-19.

Apple 292

Apple Jacksonville Study Mobile 292

PYMNTS

JANUARY 8, 2020

Indeed, one growing travel fraud trend, according to Xie, involves fraudsters gaining hold of consumers’ payment card data — perhaps via one of those fake travel sites — and then cashing out those cards. Sure, as PYMNTS research has shown, some big, famous travel operators are pushing the frontier of fraud detection and prevention.

Fraud 136

Fraud Online Trends Industry 136

Insights on Business

SEPTEMBER 13, 2018

Because of this misplaced confidence, many banks are delaying necessary operating model transformations. Failure to do so or further delay of operating model transformations…well…better call Darwin. Operating model transformation. Operating model transformation. This is a big problem. End-to-end enterprise digitization.

Operations 184

Operations Case Study Customer Experience Analytics 184

PYMNTS

NOVEMBER 12, 2019

PULSE , the debit/ATM network that operates as a Discover Financial Services company, said in a press release that it has adopted the FICO Falcon Platform to bring new fraud detection services to its network of more than 4,100 debit issuers. billion debit card transactions in 2018. percent in 2017 to 6.7 billion transactions.

Fraud 101

Fraud Study ATM Training 101

PYMNTS

MAY 23, 2018

A February 2018 study from the Federal Reserve Bank of Minneapolis found that 75 percent of American financial institutions incurred losses due to fraud last year. And with that, governments and security solution providers are stepping into the fray with the aim of combatting fraudsters. Notable Digital ID News. About the Tracker.

Trends 125

Trends Strategy Minneapolis Fraud 125