PYMNTS

OCTOBER 12, 2020

And online shopping and digital fraud are increasing simultaneously, but merchants can take steps to ensure that debit-based card-not-present (CNP) transactions are kept safe. Data: $5.5M : Amount of funding recently secured by social impact commerce platform ShoppingGives. All this, Today in Data. 92%: Portion of U.S.

Retail 146

Retail Innovation Technology Security 146

American Banker

NOVEMBER 17, 2020

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

Security 48

Security Cards Fraud Online 48

PYMNTS

DECEMBER 26, 2019

Deutsche Bank, Mastercard and IDEMIA are teaming up to introduce what they said is the first card in Spain to tap motion code technology, FinTech Futures reported on Thursday (Dec. On the back of the card, a small screen will display the CVC, also known as the dynamic security code.

Cards 131

Cards Fraud Security Study 131

PYMNTS

OCTOBER 19, 2018

To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. is expected to define interfaces for the secure exchange of payment data and accommodate the use of dynamic data, such as cryptograms.

Security 176

Security User Experience Cards Industry 176

PYMNTS

SEPTEMBER 5, 2019

FPL Technologies, an Indian startup that is less than a year old, has raised $4.5 The company, which is based in Pune, aims to modernize the credit card industry and improve consumers’ experiences with credit in the country. Another problem is the lack of security when shopping online with a credit card.

Technology 128

Technology Cards Capital Security 128

PYMNTS

NOVEMBER 8, 2018

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. 7) that it is piloting Dynamic CVV2 technology for commercial card customers. The company said in a press release Wednesday (Nov. “Almost all U.S. “Almost all U.S. ” .

Fraud 116

Fraud Cards United States Online 116

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.

Cards 187

Cards Security United States Technology 187

PYMNTS

JUNE 27, 2019

Payment Software-as-a-Service firm CardFlight is introducing Level 2 card processing data into its software SwipeSimple, aimed at lowering transactions fees for B2B vendors. In a press release on Wednesday (June 26), CardFlight said sellers will have the capability to collect Level 2 data when accepting commercial cards.

Cards 122

Cards Data Software Fraud 122

PYMNTS

OCTOBER 20, 2016

3D Secure 2.0 ’s Built around the increasing popularity of mobile commerce, 3D Secure 2.0 On Wednesday, November 2nd at 1:00 PM (EST) join ecommerce advisors James Rendell, CA Technologies ; Paul Baker, Mastercard ; and Karen Webster, Market Platform Dynamics for a live digital discussion surrounding 3D Secure 2.0.

Security 100

Security CA Cards Strategy 100

PYMNTS

SEPTEMBER 5, 2019

Commercial and consumer cards issued in the U.S. Commercial card spending is up 11.7 percent, compared to consumer card spending, which grew by 10.1 Commercial card spending was $1.39 Consumer card spending was $4.74 Consumer card spending was $4.74 Visa ’s commercial card was 43.2 generated $6.13

Cards 188

Cards Report Marketing Payments 188

PYMNTS

JANUARY 31, 2020

We have deep dives into virtual card adoption and self-service technology, as well as a report on Kobe Bryant’s legacy. Bank Is Doing to Drive Virtual Card Adoption. Accounts payable (AP) professionals and vendors still have reservations about adopting virtual cards despite their many benefits.

Cards 131

Cards Technology social media Meeting 131

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.

Fraud 131

Fraud Cards Tools ATM 131

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. Security challenges are mounting, too.

Fraud 273

Fraud Strategy Security Cards 273

PYMNTS

AUGUST 10, 2017

It’s been a little over a year since our Digital Banking Tracker heralded the “ Dawn of Banking Voice Technology.” Now it’s more like the high noon of banking voice technology, with most major banks hosting their own incarnation — all with slightly different capabilities and adoption rates. Santander U.K. Santander U.K.

Security 156

Security Technology Fraud User Experience 156

PYMNTS

JULY 8, 2019

In a move that extends payroll card portfolios to serve small and medium-sized businesses (SMBs), global business payments company FLEETCOR Technologies, Inc. has acquired payroll card provider SOLE Financial. Nomura Securities International, Inc.

Cards 139

Cards America Leadership Resources 139

PYMNTS

APRIL 19, 2018

percent of all cards issued globally by the end of 2017 were EMV-enabled. In addition, the number of EMV payment cards in circulation around the world increased by 1 billion over the previous 12 months — to a total of 7.1 Regionally, the EMV chip card adoption rate is highest in Canada, Latin America and the Caribbean (85.7

Cards 112

Cards United States Regional Technology 112

PYMNTS

NOVEMBER 9, 2016

A revamp, a redo, a new and improved model — from technology to your latest spouse. Enter 3-D Secure 2.0. Specification, a messaging protocol that allows consumers to be authenticated to card issuers during card-not-present transactions. It could mean anything. Late last month, EMVCo published the EMV 3-DS 2.0

Security 190

Security Payments CA Technology 190

PYMNTS

DECEMBER 16, 2019

Mastercard is partnering with CleverCards and Appreciate Group to offer gift cards directly to mobile wallets, Mastercard announced in a press release on Monday (Dec. The Select Digital Gift Card can be sent immediately by email, text or messaging app, and is available now as a last-minute Christmas present. billion in 2019.

Cards 131

Cards Mobile Groups Compliance 131

PYMNTS

SEPTEMBER 4, 2019

Visa announced that since their inception, chip cards have reduced counterfeit fraud by 87 percent. . Chip cards are increasingly becoming the norm as usage and acceptance has continued to grow since the EMV standard was first introduced in 2011,” the company said. Also down were overall card-present fraud rates.

Fraud 195

Fraud Cards Tools Data 195

PYMNTS

MARCH 18, 2016

Embedded digital security company Oberthur Technologies released on Thursday (March 17) the results of a survey showing that 80 percent of respondents would be more likely to use a MOTION CODE-enabled card over one that has a static and printed CVV code when shopping online.

Cards 100

Cards Security Fraud Online 100

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.

Security 113

Security Fraud Mobile Cards 113

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.

Security 121

Security San Diego Data Illinois 121

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

Cards 118

Cards Fraud Taxes Data 118

PYMNTS

OCTOBER 26, 2018

The world has a plastic problems — a fact illustrated earlier this week when researchers from the Environment Agency Austria and the Medical University of Vienna jointly presented evidence that there is so much plastic in the environment that we’ve actually begun to inadvertently eat it. 015 percent of the world’s total plastic use.

Cards 187

Cards Industry Study Technology 187

PYMNTS

FEBRUARY 4, 2020

Leavitt, founder and CEO of Boost Payment Solutions , this is among the largest priorities for today’s accounts receivable departments, and commercial cards are stepping up to meet that demand. One of the biggest advantages of the card rails is that you are virtually unlimited as to how much data you can pass with that transaction.”.

Cards 153

Cards Data System Payments 153

PYMNTS

APRIL 20, 2017

Billtrust is integrating its payment cycle management tool, Quantum, into CardConnect’s B2B payments platform to facilitate the collection of invoice payments made via credit and debit cards. In January CardConnect’s encryption tool, Bolt P2PE , emerged from beta to safeguard card-present transactions.

Cards 130

Cards Payments Tools Security 130

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. That’s never going to stop.

Security 131

Security Fraud Analytics Tools 131

PYMNTS

JANUARY 10, 2020

It can’t be technology for technology’s sake. A year later, as CES is about to wrap up, Visa has said that the service enables payments for gas, parking and tolls, uses tokens to secure transactions, and could open the door to even more payment experiences, including purchases from retail stores by commuters.

Las Vegas 170

Las Vegas Software Payments User Experience 170

Abrigo

JANUARY 18, 2017

In addition to developing engagements related to monitoring, predicting and managing cash flow , however, accountants and other business advisors can create new revenue streams by helping business clients learn about and leverage technology that can improve cash flow and the overall performance of the business.

Technology 150

Technology Cards Software Payments 150

PYMNTS

JUNE 5, 2020

Such solutions can “empower people to control their financial well-being,” Andrew Davies, vice president of global market strategy and financial crime risk management at financial services technology company Fiserv , told PYMNTS in a recent interview. The federal entity is charged with monitoring the U.S. How To Quickly Fight KYC Fraud.

Security 174

Security Fintech Data Fraud 174

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. By October, 60 per cent of US cardholders had received an EMV card from their issuer.

Cards 40

Cards Technology Payments US 40

PYMNTS

DECEMBER 29, 2020

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt. A recent study even estimates that shoppers could ultimately shift $100 billion worth of annual spending from credit cards to debit cards.

Fraud 303

Fraud Cards Analysis Tools 303

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

JUNE 13, 2019

Digital identification technology continues to advance, bringing both benefits and drawbacks. Experiencing such gains comes with risks, however, as digital IDs have presented new and underexplored avenues for fraud. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. More than 4.5

Security 129

Security blockchain San Francisco United States 129

PYMNTS

NOVEMBER 13, 2020

This payment method sometimes requires senders to fax paper invoices to recipients, presenting numerous issues during the current business climate, in which more employees are working from home. Speed and security have always been a priority for firms in this space, but the pandemic is placing added weight on these considerations.

Technology 162

Technology Payments blockchain Security 162

PYMNTS

MARCH 10, 2020

A recent study found 32 percent of security incidents in 2019 involved phishing and 29 percent involved stolen credentials, both of which would have been much more difficult had secure digital ID systems been in place. Businesses and organizations are already taking steps to close this security gap.

Payments 272

Payments Louisiana Colorado Security 272

PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. Clicking can initiate malicious attacks and spyware that can steal passwords, credit card numbers and other data from browsers.

Analytics 141

Analytics Data Security San Diego 141