PYMNTS

DECEMBER 4, 2020

Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The virtual card offers a strong value proposition for corporates in the form of enhanced security and control over spend. But without support for mobile wallets, v-card adoption can lag.

Cards 151

Cards Data Mobile Survey 151

PYMNTS

FEBRUARY 10, 2020

In retailing it’s usually a good thing when you’re the first to do something. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 15 that hackers stole customer names, credit card numbers and other personal information. Security Boulevard research shows that as of Dec.

California 156

California Retail Compliance Data 156

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. Paul Baker.

Security 100

Security CA Cards Strategy 100

PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Companies also have made more than $6.5

Retail 154

Retail Colorado Regulation Compliance 154

PYMNTS

FEBRUARY 10, 2020

In retailing it’s usually a good thing when you’re the first to do something. And except when you’re the first retailer to get rung up under the new California Consumer Privacy Act (CCPA). 15 that hackers stole customer names, credit card numbers and other personal information. Security Boulevard research shows that as of Dec.

California 130

California Retail Compliance Data 130

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

JULY 17, 2019

While regulatory and governmental bodies are still debating PSD2’s full reach, the latest PSD2 Tracker looks at how retailers are approaching SCA as they face potential losses under the rule. Regulations like GDPR , which give customers a greater say over how their data is used, have already been changing the customer relationship.

Retail 162

Retail User Experience Compliance Regulation 162

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Security 174

Security Fintech Data Fraud 174

PYMNTS

MARCH 8, 2018

Retailers have requested that the House Financial Services Committee take a closer look at draft data breach notification legislation, saying it doesn’t do enough to ensure appropriate data security standards.

Retail 100

Retail District of Columbia Data National 100

Perficient

JULY 11, 2022

Buy now, pay later (BNPL) is a type of point-of-sale installment loan that partners with retailers to allow consumers to pay for their purchases in multiple equal payments. When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout.

Fintech 474

Fintech Trends South Dakota Apple 474

PYMNTS

FEBRUARY 15, 2019

The costs of using some cards is going on the incline, as news is breaking that the nation’s two largest card networks, Visa and Mastercard, are preparing to up the fees charged to merchants to accept network-branded cards. The change will go into effect in early April, according to reports from The Wall Street Journal.

Cards 224

Cards Course Security Fraud 224

PYMNTS

NOVEMBER 13, 2020

Managing inventory, B2B payments and a plethora of food and beverage vendors can be a headache for any kind of restaurant, bar or retailer. But in the alcohol beverage arena, unique regulations — many of which date back to the era of prohibition — have added an extra layer of complexity to the supply chain.

Industry 219

Industry Payments Retail Regulation 219

PYMNTS

MARCH 15, 2019

Connected commerce is among the hottest trends in retail, and not just for streaming or ridesharing or online gaming services, but for subscription purchases, too. For those online transactions that rely on cards on file to complete recurring payments, however, that figure tends to drop to the 60 percent range on average, he said.

Retail 146

Retail Payments Cards United States 146

PYMNTS

MARCH 15, 2018

Amazon Japan revealed news on Thursday (March 15) that its offices were raided by Japan’s fair trade regulator. Reuters noted this isn’t the first time Amazon Japan has supposedly run afoul of regulators in the country. Bango technology ensured reliability, security and customer success when paying with carrier billing.

Regulation 117

Regulation Mobile Report Security 117

PYMNTS

OCTOBER 1, 2020

In regions where open banking and other electronic payments pilots are becoming common, such as the Middle East-North Africa (MENA) region, pandemic-era payments are all about privacy, security and trust, particularly in B2B transactions. Merchants, their payment providers and their regulators must keep up,” per the new Guide.

Regional 130

Regional Regulation social media Security 130

PYMNTS

JUNE 8, 2020

Retailers have had to swiftly adapt to markets where online transactions have ballooned exponentially. Even customers still shopping in stores are desiring digital payment methods such as contactless cards that allow them to pay without using cash or checks that may carry traces of the virus. Regulators Jump to Tailor SCA for COVID-19.

Payments 150

Payments Regulation Retail Online 150

PYMNTS

MARCH 22, 2019

In such scenarios, the convenience offered by eCommerce sites falls short while on-the-ground retail wins the day. Unattended retail solutions are well-suited to providing items like convenience goods, over-the-counter healthcare products or consumer electronics to passersby in high-traffic areas, Smith said. Drawing In Data .

Retail 116

Retail Branding System Data 116

PYMNTS

OCTOBER 20, 2020

Grocery stores and other retailers looking to process SNAP EBT payments online just got another tech option as the pandemic reshapes shopping habits. In order to process SNAP EBT card payments online, grocery stores and other retailers, per USDA regulations, must build a digital PIN pad into their online storefront, Cardknox noted.

Online 130

Online Payments Retail Security 130

CFPB Monitor

JULY 29, 2022

and related entities (collectively, “Harris Jewelry”), a national jewelry retailer that markets and sells military-themed gifts, to resolve their lawsuit which alleged that Harris Jewelry had engaged in unlawful sales and credit practices targeting servicemembers.

National 78

National Retail Regulation New York 78

PYMNTS

SEPTEMBER 20, 2016

19) the availability of a fully electronic PIN code distribution for its cards. debit cards from Hello Bank!, According to the release, the customer gets the PIN for the card in the restricted area of the Hello Bank! site using the security codes generated from the Hello! BNL, BNP Paribas Group announced on Monday (Sept.

Cards 100

Cards Groups Security Innovation 100

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. FICO’s Take on Debit Security.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

JUNE 18, 2020

The London-based trade group for Europe’s ePayments community is waiting for the European Banking Authority , the European Union (EU) banking regulator, to provide the 27-nation bloc with an update on Strong Customer Authentication (SCA). Credit cards typically contain a chip or require a PIN. banking and financial services sector.

Groups 131

Groups Regulation Fraud Security 131

PYMNTS

AUGUST 23, 2019

Belgian and German data protection regulators were notified by Mastercard of a possible data breach, Bloomberg reported on Friday (Aug. The leak involved 90,000 customers’ names, addresses and credit card numbers. A survey by EHI Retail Institute showed that last year, card payments made up 48.6

Data 154

Data Cards Maine Survey 154

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

NOVEMBER 12, 2018

As the holiday shopping season approaches, retailers large and small are preparing for the coming rush of consumers looking to cross items off of their wish lists. Cybercriminals tend to ramp up their attacks against retailers around the holiday season, when revenues are highest and opportunity is ripe.

Fraud 148

Fraud Retail Cards System 148

Chris Skinner

MARCH 15, 2017

Building on my challenger bank discussions, there’s some interesting points coming out of a new report by Price Waterhouse Coopers (or Playing the Wrong Cards as they’re now called, after the Oscars) on challenger banking. It’s well worth a read, especially as they found that having branches is more important than mobile apps.

Regulation 291

Regulation Retail Survey Mobile 291

PYMNTS

MAY 24, 2017

Google has long claimed that the ads it shows users actually prompt them to make purchases online and in real life – and now they have the credit card data to prove it. “To accomplish this, we developed a new, custom encryption technology that ensures users’ data remains private, secure, and anonymous.”

Google 102

Google Cards Data United States 102

PYMNTS

SEPTEMBER 17, 2018

Companies have been forced to get by with a mix of in-house and third-party providers, cobbling together point-of-sale hardware and software, dealing with security and EMV certification processes and navigating regulations and hardware requirements that varied by country. said John Collison, co-founder and president of Stripe. “As

Payments 189

Payments Online Software Retail 189

PYMNTS

NOVEMBER 30, 2020

Plus, the United Kingdom government is making a new Digital Markets Unit to enforce regulations that apply to Big Tech. The government of the United Kingdom is creating a new Digital Markets Unit assigned to enforce regulations that apply to Big Tech firms. Most eWallets can only be funded with a debit card or credit card.

Payments 139

Payments Regulation Video Cards 139

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Telcos and retailers weren’t far down the list.

Security 100

Security CA Payments Big Data 100

CFPB Monitor

MAY 12, 2021

The Fed’s final rule implementing the Durbin Amendment (Regulation II) went into effect in October 2011. It also limited the restrictions that issuers and payment card networks can place on the processing of an electronic debit card transaction. . Proposed Amendment to Regulation II. New Lawsuit.

North Dakota 78

North Dakota Cards Regulation Fraud 78

PYMNTS

FEBRUARY 21, 2020

regulators to secure a national bank charter, in turn clearing the runway for the entity to accept consumer deposits. Double-digit growth in eCommerce is expected to continue, as the retailer sees 30 percent gains in the current fiscal year. The cut comes after the retailer announced a $1.5 Home sales: In a sign that U.S.

Digital Banking 224

Digital Banking Conference Samsung Fintech 224

PYMNTS

MARCH 28, 2016

Merchants are preparing a new battle in the seemingly never-ending debit-card interchange fee wars. The amendment was passed following lobbying by the merchants and, of course, counter lobbying by the card networks and banks. Pre-2011, debit card interchange fees averaged in the 44 cent range. That resulted in a big decline.

Retail 100

Retail Fraud Cards Regulation 100

Chris Skinner

MARCH 23, 2017

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now. We may describe Turkish banking sector as strong, innovative, modern and well-regulated. million credit cards, 118.3 debit cards and 1.7 As of January 2017, there are 58.8 million POS terminals in the market.

Innovation 196

Innovation Cards Trends System 196

PYMNTS

DECEMBER 17, 2020

The British FinTech will harness the infusion to speed up the firm’s open banking roadmap, letting retailers transparently and expediently handle instant payments. In addition, GoCardless will grow into eCommerce and roll out bank-to-bank payments as a less costly alternative to cards. BNPL Provider Openpay Launches In US.

Fintech 142

Fintech US Payments United States 142

PYMNTS

FEBRUARY 16, 2018

As a result, our eCommerce business is now approximately $1 billion in annualized retail sales, and we are well-positioned to capitalize on what is sure to be a dynamic future in this space,” Nooyi told investors. And the numbers in this regard don’t lie: Physical retail is growing at a rate of about 3.6

Retail 124

Retail Branding Mobile Strategy 124

PYMNTS

OCTOBER 9, 2019

Typical use could look like a customer making an online purchase and then being asked to enter a secure code that was texted to his or her mobile phone. Many in the payments industry are turning to SMS and other forms of mobile notifications for authentication under SCA.

Mobile 124

Mobile Retail Online Fraud 124