PYMNTS

JANUARY 25, 2019

More than 3,200 GDPR breaches were logged within the first seven months after the regulation went into effect, which means the open data flow it supports may need to come with better fraud protections sooner rather than late. That’s no longer an option with PSD2 — now, retailers need to provide both. About The Tracker.

Operations 195

Operations Regulation Data Trends 195

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. The GSA is estimated to spend around $6 billion per year on open market credit card purchases.

Online 149

Online Retail Washington Fraud 149

PYMNTS

JULY 10, 2019

These platforms promise fast, seamless transactions, which most deliver – but when platforms focus on reducing friction for users, it can backfire and create new vulnerabilities to fraud. An unexpected consequence of the retailer race to offer same-day and one-day delivery is increased fraud exposure. Nearly one-third (30.4

Fraud 140

Fraud Strategy Study Comparison 140

PYMNTS

AUGUST 26, 2019

The phenomenon of payments fraud is not a modern one — far from it. But as RL Prasad, SVP of payment system risk at Visa , told Karen Webster in a recent conversation, what is new today is the who and the how of fraud, particularly in a digital world.

Tools 207

Tools Fraud ATM Cards 207

PYMNTS

MARCH 12, 2020

Payment processors expanding their operations into new industries and markets have their work cut out for them, however. Each sector and country encounters different fraud types that providers must be ready to detect and thwart. Understanding The Merchant Sector. The card industry’s 3D Secure 2.0

Fraud 130

Fraud Analysis Regional Examples 130

PYMNTS

SEPTEMBER 19, 2019

As well, successful criminals know that their targets are often complex systems — and complex systems offer many opportunities for financial fraud and massive theft. Welcome to the world of advertising fraud. The problem, Xie told Webster, stems from the inherent nature of online advertising for retailers and service providers.

Fraud 132

Fraud Payments Online Mobile 132

Independent Banker

FEBRUARY 28, 2022

Kathy Strasser of IncredibleBank is evaluating marketing campaign management platforms. We asked several banking leaders how they’ve employed fintech to ramp up their marketing campaigns, hone their analytic strategies and gain new patrons in the process. Their ability to market and add banking functionality … is a natural fit.”.

Fintech 136

Fintech Marketing Community Bank Community 136

FICO

MAY 18, 2023

The innovative pay-as-you-go solution allows Dock’s clients, including banks, fintechs, and retailers, to intercept fraudulent transactions and protect their operations, while also improving the user experience. The fraud prevention solution is based on FICO® Falcon® Fraud Manager and FICO® Customer Communication Services (CCS).

Fraud 52

Fraud Technology social media Innovation 52

PYMNTS

OCTOBER 6, 2020

A fact of our new reality that has snapped sharply into focus over the last half year as restaurants of all sizes and descriptions have had to rapidly reset their operations for a world where restaurants were first closed down entirely and, even when they reopened, customers have remained reticent about dining out. Dining has gone digital.

Fraud 195

Fraud Data Mobile Cards 195

PYMNTS

JUNE 21, 2019

In the latest edition of the PYMNTS weekender, coverage includes the latest about PayPal and Google’s views about bank charters, a deep, analytical dive into Facebook’s new payments idea, a look at the new rise of pet retail and other stories you might have missed or simply want to review. Why Pets Are Pulling Retail Innovation’s Leash.

Fraud 101

Fraud social media cryptocurrency National 101

PYMNTS

JUNE 17, 2019

However, digital platforms face a major barrier in delivering these experiences: poor fraud detection. For digital platforms, fraud represents a two-headed beast. As largely online operations, they are tempting targets for fraudsters and hackers — therefore, robust anti-fraud systems are vital. About the Playbook.

Fraud 117

Fraud How To Payments Survey 117

PYMNTS

MARCH 9, 2018

The ai Corporation said in a press release that it’s rolling out EazyFuel, a fuel card solution that targets card issuers and fuel retailers with its fraud management, processing and settlement solutions. The company has also added its fraud prevention technology for fuel retailers.

Retail 100

Retail Fraud Cards Analytics 100

PYMNTS

APRIL 26, 2017

While the fraud-fighting technology available six years ago didn’t stand a chance of protecting HiGear, the current car-sharing market , which is projected to be worth $16.5 billion by 2024, continues to experience similar fraud attacks. Cracking the code on digital identity in luxury retail.

Fraud 121

Fraud San Francisco Retail Branding 121

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 Prevention Innovation. Fraud Case Study. Castle, founded in 2015, said it has raised $9.2

Retail 118

Retail Fraud Case Study San Francisco 118

Abrigo

MAY 24, 2023

This lack of access to financial services hinders these businesses’ abilities to gain a market foothold and contributes to the flourishing of an unregulated, underground marketplace. As such, companies are forced to operate in a cash-only model, which can result in robbery, money laundering, and organized crime.

Lending 195

Lending Fraud Operations Ohio 195

PYMNTS

FEBRUARY 1, 2017

The advent of the digital age has sped transformation of the retail industry from physical stores to digital storefronts. Since eCommerce currently makes up about 9–10 percent of retail sales overall — more in key segments — it is claiming more of that pie, Byrnes added. The pain point varies by the product mix, Byrnes said.

Fraud 100

Fraud Retail Cards Samsung 100

FICO

NOVEMBER 16, 2022

Enterprise Fraud Solution Buyers Want More Agility, More Data. Our recent global survey reveals the investment priorities and functionality requirements for enterprise-level fraud solution buyers. In August 2022, we commissioned a survey of 156 global executives and managers from retail banks and retail financial institutions.

Fraud 52

Fraud Data Survey Regional 52

FICO

JANUARY 12, 2022

The changing global regulatory landscape and ever-shifting fraud vectors are just two of the biggest challenges facing financial institutions. I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Video Discussion : 2:15-7:30).

Fraud 52

Fraud Technology Management Trends 52

PYMNTS

APRIL 1, 2020

In a recent conversation with Karen Webster, he discussed why big-box retailers that have struggled to compete in an eCommerce ecosystem found an unexpected leg-up as they stepped into the B2B business model. The Playbook offers the example of a hotel with several broken television sets. ” Finding Opportunity In Volatility. .

Marketing 160

Marketing Retail Fraud Examples 160

PYMNTS

JUNE 19, 2018

Fraud has no choice but to roll with the punches, and the flurries are enough to daze a boxer as skilled as Ali. By now, it’s widely known that chip-enabled cards have been pushing fraud to digital conduits. This is the estimate of global card fraud losses by 2020. Pity the poor fraudster. Grab a piece of an ID and blam!

Fraud 138

Fraud Analytics Online Cards 138

PYMNTS

AUGUST 12, 2019

News came last week that Facebook is trying to get into the video streaming subscription business and attempt to steal market share from YouTube and Amazon. Subscription commerce is attractive to entertainment platforms as well as retail businesses because it locks in revenue streams, and customer data can help with planning and forecasting.

Retail 118

Retail Video Security Software 118

FICO

JULY 6, 2023

Beyond the pleasure of leading a FICO Falcon Fraud Manager User Forum and moderating a couple of panel breakout sessions, I I was also able to catch up with many of the fraud-focused attendees from around the world. Scams: A Top Fraud Concern Scams are becoming a leading fraud concern, all around the world.

Fraud 52

Fraud Management Customer Experience San Diego 52

PYMNTS

MAY 9, 2016

Though the industry knew it was coming, the sharp migration of fraud from in-store to online channels with the growing adoption of EMV is still enough to keep any online merchant up at night. The data show that since the October 2015 EMV liability shift, United States fraud attacks have jumped by 11 percent. contact-form-7].

Fraud 100

Fraud Online United States Cyber Security 100

PYMNTS

SEPTEMBER 30, 2016

Fraudsters have been causing problems for retailers over the past four quarters, leading to a 137 percent jump in fraud attacks and affecting $7 out of every $100 made in retail sales, according to the latest PYMNTS.com Global Fraud Attack Index. CEO of Market Platform Dynamics. DIGITAL DISCUSSION PRESENTER.

Fraud 100

Fraud Data Cyber Security Study 100

FICO

SEPTEMBER 28, 2020

I’ll be participating in an excellent panel, “ Balancing Fraud Prevention & the Customer Experience ,” at the first virtual edition of CBA LIVE , the must-attend annual event for the retail banking industry. Learn from Fraud-Fighting Superstars. What’s great about virtual conferences is that you can register , today, to attend.

Customer Experience 59

Customer Experience Fraud Strategy Compliance 59

PYMNTS

FEBRUARY 20, 2018

When most people hear about online fraud, they tend to think about what Noa Kalechstain, Riskified ’s head of chargeback recovery, calls “classic fraud,” she explained in a recent conversation with PYMNTS. It has attained the status of “classic” because fraud using stolen financials is the most prevalent type.

Fraud 112

Fraud Cards social media System 112

PYMNTS

JUNE 23, 2016

Though victims of fraud attacks may never be able to beat cybercriminals at their own game, it’s clear that knowledge is power. As Don Bush, VP of Marketing at Kount , recently told Karen Webster , knowing what’s coming can better prepare you to defend yourself. But the start of any good operation must begin with a good plan.

Fraud 138

Fraud Cards Data Tools 138

PYMNTS

DECEMBER 2, 2020

P97 Networks and Cybersource, Visa ’s international payment and fraud management platform, have unveiled a new multi-year international partnership to provide mobile payment acceptance tools that come with integrated risk management for fuel and convenience merchants, according to a Wednesday (Dec. 2) announcement emailed to PYMNTS.

Payments 205

Payments Risk Management Fraud Mobile 205

PYMNTS

DECEMBER 20, 2016

Unattended retail will be a $275 billion-a-year industry in three years. In this week’s Data Drivers installment, Keegan joined Karen Webster to discuss the data that’s driving both innovation and growth across the unattended space as well as how operators are overcoming the payments security challenges in this fast-changing marketplace.

Security 100

Security Retail Payments Data 100

PYMNTS

OCTOBER 4, 2019

Visa Powers Revolut’s Global Expansion Into 24 New Markets. Chase On Using Machine Learning To Crack Fraud’s Goldilocks Conundrum. The global threat of fraud shows no signs of slowing down. Losses related to fraud are valued at $14.7 billion, according to the most recent DataVisor Fraud Index Report. Top Stories.

Fraud 108

Fraud Google Apple Chicago 108

PYMNTS

MARCH 13, 2017

Emailage, the email risk assessment company, has found that during 2016 $1 billion in fraud was stopped by using technology and a syndicated network of global merchants. We compare the email address to a digital passport, because it’s the true global identifier used by merchants, cloud services and even operating systems.”.

Fraud 101

Fraud Las Vegas Cards Trends 101

PYMNTS

DECEMBER 8, 2020

More and more, retailers and businesses around the world are trying to figure out if potential customers are really who they say they are. The pandemic has nearly shifted everything online overnight,” said Kim Hong, senior vice president of marketing at Trulioo. The videos can be found on the Trulioo Youtube channel.

Video 175

Video Online Fraud Retail 175

PYMNTS

JUNE 22, 2017

There’s another way, though, in which the fear of fraud bears down on the enterprise. A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. to understand how payments fraud is limiting corporates’ path to success. cents per every $100 transacted.

Fraud 108

Fraud Innovation Survey eBook 108

PYMNTS

SEPTEMBER 27, 2019

Coverage this week includes a new Amex financial service, deep looks at real-time payments and the woes at WeWork, advances in voice retail and payments, a potential new opportunity for financial institutions, and original PYMNTS research into use case for artificial intelligence. MyPayrollHR Founder Faces $70M Fraud Charge.

Fraud 116

Fraud Fintech District of Columbia Payments 116

PYMNTS

JUNE 7, 2019

Review our coverage, including stories about Stripe’s chargeback protection plan, the latest on open banking progress, a big investigation into crypto and the latest on the emerging ecosystem of predictive retail. Stripe said the new service is based on Radar, its tool that prevents fraud and protects against future chargebacks.

District of Columbia 170

District of Columbia Oklahoma City Fraud Oklahoma 170

NCR

APRIL 6, 2018

Is it possible that some banks could become ‘wholesalers’, looking after the core regulated banking functions, while others take on the role of ‘retailer’? One of the primary goals of PSD2 and open banking is to facilitate increased competition in financial services, particularly within the payments market.

Retail 69

Retail Marketing Regulation Trends 69

PYMNTS

JANUARY 14, 2021

The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on legacy processes like phone calls, emails and paper check payments, creating the same kinds of bottlenecks and inefficiencies that plague other markets. B2B eCommerce operations, dubbed Jewel Fleet.

Industry 204

Industry Strategy Retail Trends 204