PYMNTS

SEPTEMBER 30, 2019

Our customers increasingly rely on us to provide solutions that help make their systems safer and more secure,” said Johan Gerber, executive vice president, security and cyber innovation, Mastercard. 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

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. He offered an example in which a U.S. in such adoption.

Cards 146

Cards Payments United States Examples 146

NCR

MARCH 4, 2016

EMV cards are spreading and now account for one in three card-present transactions globally, according to latest data from EMVCo. Between July 2014 and June 2015, 97 percent of all card-present payments used EMV technology. Its ‘Emerging Asia’ region recorded growth in non-cash payments of 21.6

Cards 40

Cards Technology Payments US 40

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.

Software 100

Software Cards Management Maine 100

PYMNTS

MAY 22, 2018

Visa announced that the growing number of chip cards and chip-enabled merchants has helped bring counterfeit fraud in the U.S. payments industry to begin the shift to EMV chip cards in 2011,” the company wrote in a press release. payment volume in March was on EMV cards. down by 76 percent. Visa set the path for the U.S.

Fraud 133

Fraud Cards United States Regional 133

PYMNTS

JUNE 27, 2017

Cross-border payments platform Currencycloud and Hyundai Card, South Korea’s digital pioneer company, recently announced an exclusive partnership to enable the launch of Korea’s first mobile remittance service provided by a credit company. The service launches soon and will be available through Hyundai Card’s Global Remittance application.

Cards 100

Cards Mobile Digital Strategies Fintech 100

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.

Fraud 131

Fraud Cards Retail Security 131

PYMNTS

MAY 10, 2016

But, of course, no two consumers are exactly alike – especially when comparing consumers across different regions of the world. The study looked at 500 consumers (18+) in each country who had at least a credit or debit card. “The pie for card issuers in Europe is significant. ” The Highlights.

Regional 100

Regional Payments Study Cards 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. Businesses worldwide cited insufficient ROI, security concerns, lack of budget and lack of knowledge as the top barriers to adopting AR. The global security concern figure is 87 percent.

Security 100

Security Regional Data Examples 100

PYMNTS

MARCH 8, 2017

Through the partnership , Bluefin’s PCI-validated point-to-point encryption (P2PE) solution will be used to help expand the data security for companies utilizing FAC’s payment gateway. PYMNTS: How will the partnership help to expand data security in the market? Here is an excerpt of the conversation. but unlike the U.S.,

Marketing 101

Marketing Payments Regional Security 101

PYMNTS

DECEMBER 28, 2016

Payments 2016: The Year Of EMV-Enabled Cards. At the transaction level, consumers began to feel like they were more protected from fraud with the introduction of the EMV chip card. Throughout 2016, financial institutions continued to roll out new EMV-enabled cards to their consumers. Worst of Times.

Cards 116

Cards Payments eBook Fraud 116

Payments Source

AUGUST 4, 2016

Overall card fraud losses in Europe have declined slightly over the last five years, but that trend is starting to reverse course, based on new data from FICO and Euromonitor International that points to sharp regional upticks in card-not-present fraud.

Fraud 60

Fraud Cards Regional Course 60

NCR

AUGUST 29, 2016

The number of EMV payment cards in global circulation had rocketed more than 40 per cent year on year by the end of 2015, new statistics from EMVCo have revealed. billion ‘chip-and-pin’ cards when the data was collected, and 35.8 The region’s chip card adoption rate jumped to 52.3 There were 4.8

Cards 75

Cards Regional National America 75

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. Trucking is a major American job sector, as 3.5

Cards 163

Cards Tools Operations Payments 163

PYMNTS

JUNE 27, 2019

While large chains are developing their own in-house apps to capture revenue, regional chains and independent restaurants can partner with third-party platforms, as they often do not have the resources to support their own systems. This move follows the 2018 launch of the Starbucks Delivers program in the region.

Analytics 122

Analytics Data Los Angeles Mobile 122

PYMNTS

JUNE 17, 2019

Visa is presently the only card brand providing a multiple sensory experience as part of their transactions mechanics. “As Studies done on San Francisco’s consumers indicated that consumers who experienced sensory branding were 12 percent more likely to say that the merchant cares for their security.

Branding 116

Branding Customer Experience Regional America 116

PYMNTS

DECEMBER 11, 2019

That hub connects around 180 million mobile wallets across the continent, and going forward, the new partnership between the entities will allow mobile wallet users on the platform to generate an instant Visa virtual card with a 16-digit number and link it to their mobile money accounts to use for remittances and eCommerce transactions. “In

Mobile 143

Mobile Cards Payments Regional 143

PYMNTS

NOVEMBER 19, 2020

This represents 59 percent growth over the past 10 years, much of it buoyed by a surge in sign-ups across the Oceania region. CU members stand to benefit greatly from such solutions, as the study reported that 51 percent them of them have had their identities stolen and 68 percent have been targeted by debit or credit card fraud.

Alabama 228

Alabama Meeting Fraud Trends 228

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. A September to Remember. Those under €30 ($33.93

Fraud 148

Fraud Regulation Compliance Online 148

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

Fintech 194

Fintech Community Regional Technology 194

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

APRIL 20, 2018

A perfect storm of regulatory changes and card brand rule changes has left many merchants wondering to whom, exactly, they are beholden and what, exactly, they must do to comply. It doesn’t help that many merchants lack confidence in how 3D Secure 2.0 will be rolled out due to how the first 3D Secure protocol was handled.

Regulation 105

Regulation Data Security Regional 105

PYMNTS

FEBRUARY 8, 2017

In regions around the world, including Europe and Asia, faster payments are taking a hard look at how tools such as blockchain and Same Day ACH can help improve their business. In terms of opportunity, new data from NACHA puts an impressive dollar figure on the value of Same Day ACH transactions from credit cards.

Payments 100

Payments Report Tools Examples 100

PYMNTS

SEPTEMBER 30, 2019

We imagine if presented with an iPhone, penicillin, an automobile or just a ballpoint pen, even the original scribe would have been forced to concede that exciting innovations might be coming up on humanity’s horizon in the intervening 30 centuries. 30), the card network announced just such a FinTech partnership. So today (Sept.

Marketing 211

Marketing Fintech Cards Branding 211

PYMNTS

AUGUST 29, 2019

Account takeovers (ATOs), identity theft and phishing were found to be the most common methods of attack in this region. The network found that Australia’s 2018 card fraud rate was 72.8 cents per $1,000 AUD of card spending, down from 75 cents the year prior. percent in 2018 from 13.9 percent in 2017.

Fraud 158

Fraud blockchain System Cards 158

FICO

OCTOBER 30, 2017

Depending on factors including region, a bank’s risk appetite, product, channels, target market, maturity of fraud control measures, and portfolio size, first-party fraud comprises between 10-35% of bad debt. As a result, we are seeing fraud migrate from card fraud to paths of least resistance.

Fraud 72

Fraud Regional US Cards 72

PYMNTS

OCTOBER 31, 2016

billion by 2020, companies — particularly eCommerce retailers — are considering mobile and online innovations in payments and IoT security technology to help thwart cyberattacks. According to LexisNexis research, card-not-present fraud losses alone are forecasted to increase by $3.2 With fraud expected to hit $7.2

Fraud 100

Fraud Security Retail Mobile 100

FICO

JUNE 17, 2021

Surely, not all of these mechanisms are as secure as each other, so there is a relationship between payment methods and fraud risk. Let's take a look at the options I was presented with and what that really means to both the consumer and the fraudster. In years gone by, our option was simple – which card do we use? The Options.

Fraud 52

Fraud Payments Retail Cards 52

PYMNTS

OCTOBER 21, 2019

The new SCA Impact Playbook explores how subscription-based merchants can prepare for SCA and manage conversion, churn and card-based risk. The Three Cs: Conversion, Churn and Card-Based Risk. Adobe used the regulation’s onset to ensure its payment integrations were SCA-compliant through 3D Secure 2.0,

Strategy 100

Strategy Compliance Fraud Payments 100

PYMNTS

DECEMBER 11, 2019

It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added. The company emphasized the opportunity open banking presents to promote automation for the SMB community. Cash flow remains the No.

Fintech 132

Fintech Groups Data Strategy 132

PYMNTS

MARCH 10, 2017

Naturally, with ease of market entry into various parts of the world economy also comes security concerns. One of the many challenges that typically arises when it comes to cross-border eCommerce payments is potential card-not-present fraud occurrences. PYMNTS: What do you see impacting this space in 2017 and beyond?

blockchain 108

blockchain Payments Retail Technology 108

Gonzobanker

JUNE 11, 2018

Hundreds of digital banking SVPs wandering through presentations and exhibit halls looking for answers to questions they still don’t know to ask. Lots of presentations on voice banking, Alexa, how we’ll bank when we’re all zipping around in self-driving cards, etc. Is voice banking even a blip on your digital roadmap?

Conference 70

Conference Digital Banking Austin Digital Strategies 70

PYMNTS

JANUARY 18, 2017

But Patel said that there is a growing interest in these developing regions around the usage of smartphones for payments, which presents a challenge to merchants to accept other forms of payment aside from cash. We’re seeing that in the regions that we play in.

Marketing 100

Marketing Regional Mobile Regulation 100

PYMNTS

NOVEMBER 13, 2017

Grab , which started as a two-way marketplace for ride-hailing, is one of many organizations investing in the region to try and break down that barrier. Across the region, other merchants like Muhammed are sharply aware of their cashflow, supply chain and business growth needs. The only thing in the way was the system itself.

Regional 100

Regional System Community Strategy 100

PYMNTS

APRIL 30, 2019

Writ large, said Eleveld, the payments industry will likely see card-not-present fraud shift from Europe to more distant shores, where less strict authentication processes are in order. Geographically speaking, in a post-PSD2/SCA world, eCommerce fraud may shift, he said, to places like Latin America and the Asia Pacific region.

Fraud 171

Fraud Online Cards Payments 171

PYMNTS

NOVEMBER 18, 2020

The conversation came across a backdrop of more than 50 real-time payment systems currently live around the world, although largely domestic and regional in nature. Scaffidi said the security and transparency embedded in ISO 20022 are especially valuable for cross-border B2B payments. “If Awareness of those differences is key.

Payments 245

Payments System Innovation Management 245

PYMNTS

DECEMBER 7, 2016

Long before American Express was a credit card issuer and a closed loop payments network, it was in the business of moving mail (and other things) quickly from one coast to the other. Amex has always been about security — that is our heritage,” Williams told Karen Webster in a recent interview. The changing commerce landscape.

Fraud 100

Fraud Security Mobile Trends 100