PYMNTS

DECEMBER 11, 2020

to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions. Report: Millennials, Buy Now Pay Later And The Shifting Dynamics Of Online Credit. Nearly 90 percent of millennials have credit cards, yet still seek new ways to finance their online purchases. million in consumer losses.

Trends 175

Trends Fraud Millennials Community Bank 175

PYMNTS

FEBRUARY 17, 2020

The travel industry may have seen exceptional growth in recent years, but the space has also toted the heavy baggage of rising fraud costs. Fraud could cost the market more than $25 billion this year, and approximately 20 percent of attempted travel-related transactions are confirmed to be fraudulent.

Security 141

Security Tools Fraud System 141

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

Retail 137

Retail Millennials New York City social media 137

PYMNTS

FEBRUARY 14, 2020

We have deep dives into unattended retail, rapid settlements and cybersecurity, as well as news on Mastercard receiving the go-ahead from China’s central bank to set up a bank clearing business. Is No-Factor Authentication Digital Security’s Future? NEW DATA: Consumers Like Cashier-less Retail But Retailers Aren’t Hitting The Mark.

Retail 141

Retail Cards Millennials Fraud 141

PYMNTS

NOVEMBER 8, 2019

It’s no easy task, as the recent Fraud Decisioning Playbook shows. Data: 1.4M: Number of fraud reports the FTC received in 2018. 400: Average amount lost by millennial consumers per fraud incident. 81%: Share of fraud victims who said they interacted with a “false ad” last year. .

Fraud 101

Fraud Millennials Data Report 101

PYMNTS

APRIL 16, 2019

From fuel pumps to convenience stores (C-stores), many consumers worry about the security of their personal financial information. adults are concerned about the security of their financial data when making payments at these venues. Mobile wallets , however, have advantages that span from convenience to security.

Security 140

Security Mobile Retail Survey 140

PYMNTS

JANUARY 18, 2017

While personalization can bring in customers, it turns out many retailers don’t venture into that personalization realm at all. However, 64 percent say they do use marketing technology to support the retailers’ personalization efforts.

Retail 100

Retail Millennials Study Technology 100

PYMNTS

JUNE 12, 2019

And, in retail, firms from automakers to merchants are tapping into connected commerce technology. 48 percent: Share of millennial parents who would rather not eat at all than wait in long QSR lines. All this, Today In Data. 59 billion: Estimated value of the global biometrics market by 2025.

Security 148

Security Millennials Data Retail 148

PYMNTS

OCTOBER 20, 2016

According to the 2016 American Express Digital Payments Security Survey , 70 percent of U.S. Those sales could be higher if payments fraud weren’t quite so prevalent a concern. Nearly half — 48 percent — of consumers who shopped online in the past year have experienced payment fraud. The not-so-good news?

Security 100

Security Online Fraud Survey 100

PYMNTS

JUNE 16, 2016

It’s no wonder why retailers love gift cards – they are known to drive foot traffic, increase revenue, boost their customer base and complement retention efforts. But as consumers continue to move toward a digital option for their gift card needs, could a retailer’s dream turn into an actual nightmare?

Retail 100

Retail Cards Fraud Data 100

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. How Grocery Retail Will Evolve In 2020 . Priceline Uses AI To Help Fight Fraud. Millennials Make Big Push For B2B Personalization.

Fraud 100

Fraud Trends Payments Retail 100

FICO

DECEMBER 5, 2022

Top 5 Surprises from FICO’s Fraud and Digital Banking Survey. Our survey found that good fraud protection is paramount for customers - even though they themselves may exaggerate income or claims. A report released by the FTC in February 2022 indicates a 71% increase in fraud in 2021, which cost consumers roughly $5.8 FICO Admin.

Survey 52

Survey Fraud Digital Banking social media 52

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Security 100

Security Payments Data System 100

PYMNTS

SEPTEMBER 8, 2020

He said retailers and service providers need to address such anxieties as they sketch out their digital and omnicommerce strategies and think about what new tech to put in place. As long as retailers focus on creating such safe spaces, he said, “the future is bright.”. And that is where a lot of stress is created.”. Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

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

PYMNTS

AUGUST 23, 2019

Amazon continues its commitment to expanding into India with the purchase of a 49 percent stake in Future Coupons, which is owned by India’s second largest retail chain, Future Retail. Trending: Meeting The Millennial Need For AI-Powered Visual Shopping. SWIFT: Real-Time Payments Demands Real-Time Security And Compliance.

Marketing 116

Marketing Millennials Payments Compliance 116

PYMNTS

OCTOBER 2, 2019

In digital fraud news, new global regulations and solutions are being deployed to keep consumers, merchants and banks safe as fraudsters become more aggressive. And in retail, pizza’s popularity constitutes a driving force for ongoing innovation in the sector, while EMV’s delay has been the convenience store’s gain.

Mobile 108

Mobile Millennials Fraud Data 108

PYMNTS

MARCH 30, 2020

Debit cardholders often choose this payment method because it is more secure than carrying cash — which cannot be recovered if lost — and may safeguard them against spending more than they have, which is not the case with credit cards. customers can use to leverage funds stored in their crypto wallets for in-person retail payments.

Cards 165

Cards Security cryptocurrency Payments 165

PYMNTS

JANUARY 26, 2021

Along with the new Alexa capabilities, Amazon is also rolling out its Guard Plus home security subscription service. per month, Guard Plus will turn Alexa into a security guard of sorts, which will alert its owner if it picks up on certain types of sounds in the home. percent said they’d made a voice-assisted purchase in the past day.

Millennials 175

Millennials Data Trends Security 175

PYMNTS

SEPTEMBER 24, 2019

The firm’s digital payments and collection service enables merchants to offer unstructured supplementary service data (USSD) and QR code-based mobile retail payment acceptance and immediately receive the revenue. Millennials no longer rule the mobile services space. Ecobank announced recently that 1 billion NGN ($2.75

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

MAY 27, 2016

Omnicommerce usually refers to where and how retailers sell their products, not necessarily who they choose to sell them with. From office supplies and communal workspaces to new ways to pay for concert tickets, more barriers to siloed retail activity are falling every day to the onslaught of retail partnerships.

Retail 100

Retail Las Vegas Millennials Conference 100

PYMNTS

JANUARY 24, 2020

However, government bodies are unable to innovate at the same breakneck pace as retailers or other consumer service industries, as they must adhere to complex regulations, and ensure that their software is not leaving partners behind. Fraud Issues Stemming From Paper Check Use. Check fraud affected 70 percent of U.S.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

OCTOBER 31, 2019

Smartphones and connected technologies are becoming increasingly symbiotic in many consumers’ retail experiences. However, as connected technologies offer new linking opportunities for consumers and retailers, online merchants are facing new adversaries in the fight against fraud.

Fraud 100

Fraud Retail Online Meeting 100

Accenture

OCTOBER 3, 2017

Based on this survey of over 2,000 consumers, it’s clear that online retailers, tech firms and social-media players face an uphill battle to convince consumers to allow them access to their financial data. Fear of fraud is the primary factor. Data protection risks and increased potential for cyberattacks also feature highly.

social media 151

social media Millennials Online Fraud 151

PYMNTS

FEBRUARY 19, 2020

The B2B eCommerce Report , a PYMNTS and American Express collaboration, digs into the advantages of online business purchasing, as well as efforts to overcome the difficulties involved in designing and securing these shopping experiences. This month’s Deep Dive examines what it takes to ensure convenient, secure online shopping experiences.

Mobile 197

Mobile Online Payments Tools 197

PYMNTS

DECEMBER 3, 2019

The drive toward frictionless but secure consumer experiences in other parts of the economy is also leading consumers to expect more from their financial institutions. percent of consumers want authentication controls for added security, and 39.9 Banks are starting to recognize that,” Ali said. It found that 70.2 That’s not all.

Mobile 137

Mobile social media Millennials Exercises 137

FICO

DECEMBER 19, 2017

Just as the Wild Card Round is followed by the Divisional Round in the NFL playoffs , fraud and payments predictions are always followed by New Year’s resolutions. Sure enough, wallets among fraud and payments professionals had already dropped some poundage. Retailers that don’t offer modern, secure payment choices will lose sales.

Fraud 55

Fraud Payments Cards social media 55

PYMNTS

FEBRUARY 4, 2020

A bit younger than their millennial siblings and cousins, they’ve grown up totally mobile, and have idiosyncrasies that make them unique. Perhaps more than millennial cohorts, Gen Z is having a hot love affair with eCommerce and sharing platforms that specialize in and cater to their digital lifestyles.

Millennials 130

Millennials Fraud Groups Payments 130

PYMNTS

NOVEMBER 28, 2016

For many consumers, it looks as though the convenience of online shopping can offset the security risks that may come with of online shopping. TransUnion’s survey also highlighted another interesting trend when it comes to holiday hacks: Millennials remain a prime target for hackers. Cyberthreats Keep Rolling In.

Millennials 100

Millennials Security Online Survey 100

PYMNTS

OCTOBER 1, 2019

where at least one vital and robust sector of commerce has yet to adopt the global security standard en masse. Before getting into that, though, it pays to understand what’s going on with the EMV deadline in this specific area of retail to get a good sense of context. 1, 2020 — at one point, the deadline was in 2017. LISNR Offering.

Innovation 167

Innovation Customer Experience Retail Operations 167

PYMNTS

NOVEMBER 15, 2017

Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. With the opening of this new store, which already has 13 locations at GGP malls, the retailer will have the opportunity to experiment and focus more on social media-friendly millennials.

Los Angeles 151

Los Angeles social media Millennials Retail 151

PYMNTS

NOVEMBER 7, 2019

Fraudsters are constantly reinventing their approach to schemes, putting businesses and eCommerce merchants in a precarious position of responding to constantly-evolving fraud threats. In other words, it is no longer enough to respond to a fraud attack after it occurs. Across the Fraud Decisioning Landscape.

Data 101

Data Fraud Big Data Analytics 101

PYMNTS

MARCH 9, 2018

Today in PYMNTS data, Verifone’s first-quarter earnings largely met expectations, B2B FinTech firms are targeting millennials and small- and medium-sized businesses (SMBs) with digital financial services and blockchain appears to have real potential for market disruption. 206 million | Value of U.K.-based

blockchain 101

blockchain Data Millennials cryptocurrency 101

PYMNTS

MAY 29, 2020

How are CUs utilizing videoconferencing capabilities on interactive teller machines (ITMs) to maintain their branch operations during the pandemic, and how is biometric technology helping them offer more secure, quicker and touchless ATM services? Consumers expect secure and fast access to digital tools.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

MAY 28, 2019

The company recently filed paperwork with the Securities & Exchange Commission (SEC) to go public on the New York Stock Exchange. billion – of funds were lost to card fraud in 2018, up from $1.4 The FBI’s Internet Crime Complaint Center (IC3) said in a report, for instance, that online fraud, theft and exploitation led to $2.7

Apple 159

Apple Mobile Fraud Branding 159

PYMNTS

AUGUST 9, 2019

The world’s largest retailer by sales quietly filed an application with the U.S. The App Store and Google Play collectively offer more than five million mobile apps offering every type of service imaginable – ridesharing, music and video streaming, aggregators, banking, quick-service restaurants (QSR), retail merchants and countless others.

Apple 115

Apple Virginia Regulation Millennials 115

PYMNTS

JULY 17, 2018

Businesses and other organizations hoping to profit from the expanding digital economy find ways to maintain and even deepen consumer trust in their security efforts. The key is to ensure that all devices are secure,” Emery said. Having a complete and ongoing end-to-end security solution is critical.”. Financial Services.

Security 102

Security eBook Millennials Industry 102