PYMNTS

JUNE 5, 2020

It has often been said during the last several weeks that the world has seen several years’ worth of eCommerce innovations advance in about three months, due to the pressure and pivots created by the global health pandemic. Consumers are buying online products that they didn’t buy online before. Meeting The Rising Challenges .

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PYMNTS

JANUARY 30, 2020

Widely publicized data breaches and hacks have made today’s consumers especially concerned about fraud. Cautious shoppers may find comfort in debit, with fraud losses associated with the payment method declining over the past several years. Card fraud is an ever-present threat. A Big-Picture Approach To Thwarting Debit Fraud.

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Security Fraud ATM Cards 182

PYMNTS

DECEMBER 28, 2020

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

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PYMNTS

SEPTEMBER 6, 2019

Why Invisible Will Make 2020’s Payments Innovation Roar. Two hundred and seventy-four years later, those words are the perfect framework for understanding what will define the next decade of innovation in payments and any ecosystem that touches it. Visa: Chip Cards Reduce Counterfeit Fraud By 87 Pct. Trackers and Reports.

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PYMNTS

JULY 22, 2019

Brazil is an advanced market — so advanced, according to Atassi, that one could argue it’s ahead of the United States in terms of the level of digital service consumers can routinely expect. The Latin American market isn’t going to slow down — not from an innovation standpoint, and not from a regulatory standpoint.

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Innovation Payments Regional America 161

PYMNTS

JANUARY 1, 2021

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The proposal also mandates more disclosure on "online advertising and on the algorithms used to recommend content to users.". The watchdog would be known as the Digital Markets Unit. which of course is Brexit-ing the EU).

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Regulation social media Course Apple 352

Abrigo

APRIL 2, 2020

Key Takeaways Elderly persons are more susceptible to fraud during crises like the coronavirus pandemic. As the coronavirus pandemic takes a powerful hold on the United States, illicit activity such as cybercrime, check fraud, and other scams are rapidly increasing and is expected to continue throughout this difficult period.

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Fraud Resources Software Training 335

PYMNTS

APRIL 22, 2016

Regardless of the company, its industry, its customers or location, online fraud remains top of mind. The urgency of robust and multilayered fraud detection systems becomes especially clear against a backdrop where card-not-present fraud is likely to grow by leaps and bounds in the wake of the EMV liability shift from last year.

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PYMNTS

APRIL 2, 2020

Competition for customers — especially millennials — from larger banks and FIs has long required credit unions to keep pace with their more innovative counterparts. This often means providing digital solutions and convenient banking options despite smaller technology and innovation budgets, however.

United States 174

United States Security Innovation Mobile 174

PYMNTS

OCTOBER 10, 2019

Consumers have noticed the rising levels of fraud in digital banking, and they are not pleased. Financial institutions (FIs) need to keep watch for newer schemes as they seek to prevent different forms of fraud, such as money laundering, on their online platforms. Synchrony Financial Upgrades Its AML Strategy As Fraud Grows.

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Fraud Digital Banking Strategy Security 126

PYMNTS

JULY 25, 2019

Banks need to innovate faster and further when it comes to the technology they use on their online platforms, as to stay one step ahead of bad actors with access to the same technology. Challenger banks like Monzo are making their way across the pond to set up shop in the United States, offering their banking services against U.S.

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Digital Banking Innovation Fraud United States 176

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. The pandemic has sped up the digital roadmap for everyone in financial services, providing for more innovation in the last few months than had been seen during several years. Innovating The ATM Beyond Cash. The Flaw In Demonizing Big Tech.

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Maine ATM Innovation Millennials 130

PYMNTS

DECEMBER 8, 2020

Many of these processes had begun to shift to digital channels within the past several years, however, and the health crisis has caused the online shift to pick up steam at an incredible pace. The company said its technology prevented one fraud attempt every 51 seconds during the month, totaling 22,000 thwarted attacks.

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Video Report Meeting United States 211

PYMNTS

DECEMBER 27, 2019

In today’s top news in payments, Amazon applied for a patent for hand recognition software, and retail sales reached new heights thanks to record online spending. Retail sales hit record highs this holiday season, thanks to massive growth in online spending, which was up 18.8 Amazon Seeks Patent For Hand Recognition.

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Retail Payments blockchain United States 130

PYMNTS

OCTOBER 14, 2019

As the digital economy grows, you can bet that crowdsourcing will become an even bigger part of innovation and disruption, along with hiring and investment — all of which will serve to help build only new companies but vital digital infrastructure. It’s not a fantasy, but a reality for a growing number of drivers in the United States.

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Training United States Innovation California 187

Fintech Labs Insights

APRIL 12, 2024

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. The last one, published in Jan 2014, featured 50 innovations (see below).

Innovation 15

Innovation Fintech Online Mobile 15

Gonzobanker

SEPTEMBER 14, 2023

We’re gearing up for Smarter Bank LIVE , and your 325+ RSVP responses to our upcoming online event make one thing clear: You want your bank to become more than the branch next door. It’s sort of like asking Taylor Swift to give up singing to take a job handling financial fraud instead. But that gap must shift. THAT IS WILD.

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PYMNTS

DECEMBER 24, 2020

And that shift has persisted throughout a year where mobile and digital expansion and innovations have been a rare bit of bright spot in an otherwise incredibly challenging environment. Digital Innovations Will Outlast the Pandemic That Inspired Them. We’ve seen a massive increase in demand for eCommerce for our business.

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Study Industry United States Innovation 206

PYMNTS

MARCH 10, 2020

Will this be the year that real-time payments — and, especially, peer-to-peer (P2P) — reach critical mass in the United States? Looking out at the evolution of real-time payments, Wilcox said that as P2P continues to drive usage among mobile and online activities, FIs are seeing growth in the use of other digital applications.

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United States Payments Fraud Risk Management 230

PYMNTS

SEPTEMBER 2, 2019

As noted in the Credit Union Innovation Playbook, CUs are examining what they need to do to foster loyalty in the digital age. We found that 30 percent of loyalty-focused CUs are innovating to meet potential members’ needs, and 54 percent were focused on digital wallet innovations through the past few years … with more to come.

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Fraud Survey Payments Examples 123

PYMNTS

JULY 25, 2018

A recent decision by the Supreme Court of the United States ended a ban on legalized sports gambling, and has the potential to change how sports fans from coast to coast experience games. The court’s decision allows individual states to open online gambling to residents. It’s quite tricky in the U.S., com must clear.

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Online Regulation Fraud New Jersey 100

PYMNTS

SEPTEMBER 4, 2018

The product combines chip technology with a fingerprint scanner to verify the cardholder’s identity when making purchases in-store or online. Meanwhile, Visa recently released data showing that counterfeit fraud ticked down at U.S. Meanwhile, Visa recently released data showing that counterfeit fraud ticked down at U.S.

Cards 110

Cards Payments United States Maine 110

PYMNTS

APRIL 29, 2019

The estimated value of the QSR industry in the United States is $199 billion. At the same time, QSR brands in the United States are expanding their digital reach. Brands unit Pizza Hut , for instance, announced in December that it would acquire online ordering software and service provider QuikOrder.

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United States Mobile Branding Fraud 109

PYMNTS

JUNE 26, 2019

The SCA mandate could cost them more than $75 billion in sales, especially as fraud protection becomes more critical than ever and PSD2 creates more transparency in the banking world. SCA is intended to make online transactions safer for consumers. But some worry it could add friction and possibly result in fewer online sales.

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California Regulation Fintech Data 109

PYMNTS

FEBRUARY 17, 2020

Governments and institutions in Europe, India and the United States are experimenting with IoT solutions to enhance city life, and the technology is expected to create between $4 trillion to $11 trillion in value over the next several years. IoT technology has rapidly expanded beyond in-home devices into cities worldwide.

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Security Data United States Florida 252

PYMNTS

OCTOBER 10, 2019

Take online security as another ongoing example. But there’s a big problem in this realm — a shortage of cybersecurity experts, the people with the training and expertise to defend retail and payments from increasingly sophisticated online criminals. Cybersecurity Push.

United States 175

United States Retail Online Training 175

PYMNTS

FEBRUARY 27, 2020

The United States federal government issues Social Security benefits to recipients’ reloadable debit cards, for example, thus giving unbanked residents a faster, more secure alternative to receiving payments via paper checks. Debit payments are being turned to as one way to thread that needle. Around The Ne xt-Gen Debit World.

Cards 142

Cards United States Security Payments 142

PYMNTS

MAY 3, 2016

Patent 9,294,448 covering digital biometric technology by the United States Patent and Trademark Office. In a press release , Paul Miller, CEO of mSIGNIA, said: “The combination of the data a user amasses and the way their behavior changes that data is a new and innovative way to recognize the user.

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Security User Experience United States Data 100

PYMNTS

APRIL 30, 2020

The COVID-19 pandemic has caused an impact on open banking developments worldwide as regulators, financial institutions (FIs) and businesses set their sights on helping their current customers rather than future innovations.

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Regulation Regional Data United States 188

PYMNTS

DECEMBER 23, 2016

With the EMV liability shift taking effect in October 2015, the part of the merchant community in the United States that hadn’t migrated to EMV saw chargebacks for counterfeit card fraud skyrocket. The year 2016 saw a sea change in the payments landscape. Download the eBook.

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Payments eBook Fraud Cards 100

PYMNTS

MARCH 20, 2020

As the coronavirus got up close and personal during the week of March 2, PYMNTS put a study into the field on March 6 to a census-based panel of approximately 2,128 consumers in the United States. It takes effort to balance seamless-but-fraud-free user experiences. Qdoba’s Upgraded App Leaves No Reward Point Behind .

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Technology Apple New York City social media 181

PYMNTS

JANUARY 31, 2020

Visa ’s fiscal first-quarter results displayed an acceleration of cross-border volumes, while contactless payments continued to gain traction in the United States and beyond. Old forms of cybersecurity are not sufficient to keep pace with fraudsters’ increasingly innovative attacks.

Cards 131

Cards Technology social media Meeting 131

PYMNTS

NOVEMBER 6, 2017

The numbers are sobering, as always: The Federal Trade Commission (FTC) has found that account takeover fraud is on the rise. Synthetic identity fraud – where identities are stitched together from disparate pieces of information, often from a mosaic of individuals – is a burgeoning field. Regulation as Saving Grace?

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Security Data Fraud Regulation 109

PYMNTS

JULY 16, 2018

This week, the lucky winner is Macy’s , which disclosed to the world that hackers had obtained names and passwords of online customers — and might have accessed credit card numbers and expiration dates as well. As Queen famously sang, another one bites the dust — or as modified for the modern era, another one bites the breach.

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Cards Data Digital Banking Retail 100

PYMNTS

JULY 17, 2019

We say defense because it was apparent from early in the hearing that the senators gathered were more than a little suspicious of Facebook’s latest innovation — and less than favorably inclined to letting it move forward. Marcus went on to reaffirm Facebook’s commitment that it would not look to bring Libra online in the U.S.

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cryptocurrency North Carolina Idaho Louisiana 142

PYMNTS

SEPTEMBER 15, 2017

As LendUp CEO Sasha Orloff and Beneficial State Bank Co-CEO Kat Taylor told PYMNTS in a recent interview, banks and FinTechs need each other, and a very large segment of the population living on the margins of financial services in the United States need these two groups to work together as well. “I

Fintech 198

Fintech System Lending Cards 198

Gonzobanker

DECEMBER 14, 2023

Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. Award – goes to CNBC’s Jim Cramer , who lamented that banks should have been innovating offerings like those delivered by PayPal and Square. Smarter Bank – Innovation Award – goes to (can you believe it) the United States government for the on-time delivery of FedNow.

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