PYMNTS

MAY 25, 2016

Radial , an omnichannel and fraud solutions provider, is promising to take away merchant woes with a suite of solutions, which it says improves order conversion rates and helps eliminate fraud. 2015, online fraud is forecast to explode from an estimated $3.1 With the introduction of EMV chip technology in Oct.

Fraud 109

Fraud Taxes Retail Tools 109

PYMNTS

FEBRUARY 26, 2020

Software developer and Ukrainian native Volodymyr Kvashuk, 25, from Renton, Washington, worked for Microsoft from 2016 to 2018, and was tasked with testing Microsoft’s online retail sales platform. On fake tax returns, he said the bitcoin was gifted to him from a relative. dripping fraud and deceit every step of the way….

Fraud 207

Fraud Bitcoin Washington Taxes 207

PYMNTS

AUGUST 20, 2019

Instagram is inviting a group of security researchers known as white hat hackers to stress-test its Checkout feature before it launches outside the United States. Checkout by Instagram includes participation by PayPal and its retail partnership program.

Security 116

Security social media United States Taxes 116

PYMNTS

SEPTEMBER 18, 2018

The federal agency said it shut down websites where consumers could buy “fake financial and other documents – such as pay stubs, income tax forms, and medical statements – which can be used to facilitate identity theft, tax fraud, and other crimes,” according to an FTC statement. He was ordered to pay $133,777.

Taxes 134

Taxes Fraud Operations Security 134

PYMNTS

SEPTEMBER 14, 2018

Amazon’s B2B Biz : Amazon is everywhere — and while retail is the name of the game, B2B is growing by leaps and bounds. In fact, Amazon’s B2B is growing faster than retail, as Amazon Business is on track to hit $10 billion in sales this year, just four years after launch — it took the unit only one year to reach $1 billion in sales.

Fraud 139

Fraud cryptocurrency Bitcoin America 139

PYMNTS

MAY 12, 2016

Online merchants know very well that fraud costs them in many ways – in chargebacks, in false positives, in the friction that’s introduced at checkout that can cost a sale. But there’s nothing like putting the cost of fraud into the parlance that merchants know really well: units sold. Kount: Calculating The 9 Deadly Costs Of Fraud.

Fraud 100

Fraud Taxes Online Report 100

PYMNTS

JANUARY 24, 2020

Government disbursements can range from child support payments and annual tax returns to pension and retirement fund payouts. The IRS has accepted digitally filed tax documents and issued digital refunds for years, and it received approximately 29 million electronic returns via direct deposit between February 2018 and February 2019.

Payments 130

Payments US Fraud Innovation 130

PYMNTS

APRIL 26, 2017

In an increasingly complex consumer landscape, creating a coherent retail strategy requires synthesizing hundreds of data points on industry, consumer and competitor trends. Other days, I spend looking at partners that, when combined with our services, could add something to the retail ecosystem that the world doesn’t even know it needs yet.

Strategy 100

Strategy Retail Online Data 100

PYMNTS

NOVEMBER 22, 2017

Account takeover fraud , card-not-present (CNP) fraud, tax fraud, selling stolen financials, selling fake bank accounts, the Dark Web: If security experts are fighting it today, chances are that Brett Johnson was there when it started. Luckily for Johnson, he’d discovered tax fraud by then.

Fraud 120

Fraud Taxes Community Cards 120

PYMNTS

SEPTEMBER 8, 2020

Should I leverage the online capabilities?’ — taxes that budget,” Gauthier said. 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. Should I send my kids to school or not? Gauthier said.

Innovation 223

Innovation Retail Millennials Tools 223

PYMNTS

NOVEMBER 4, 2019

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. The ETA warns that cyber fraud threats are hampering small businesses’ growth opportunities. The ETA warns that cyber fraud threats are hampering small businesses’ growth opportunities.

Fraud 101

Fraud Pennsylvania Data Cards 101

PYMNTS

MAY 22, 2019

In a press release , Wirecard said retail agents in India will collect the data needed for the cards – also known as PAN (permanent account number) cards – digitize that data and forward it to UTIITSL, which will then issue the cards and send them directly to customers. The cards can also be used as proof of identity.

Cards 122

Cards Taxes Fraud Technology 122

PYMNTS

NOVEMBER 10, 2017

Security camera or no security camera. ” For the much larger set who said, “no thanks,” privacy and security topped the list of concerns. ” For the much larger set who said, “no thanks,” privacy and security topped the list of concerns. No respondents have seen a boost in fraud.

Retail 100

Retail New Jersey Taxes Virginia 100

PYMNTS

JUNE 15, 2018

This comes as the newswire reports that retailers take as long as five to seven months to pay suppliers, as estimated by the ministry of trade. In the Middle East , RAK Bank has said it will offer Sage accounting software to business banking customers, in an agreement that helps those firms manage value-added tax (VAT) compliance mandates.

Fintech 115

Fintech Compliance Software Taxes 115

PYMNTS

DECEMBER 28, 2018

. “The big change in regard to KYC and customer onboarding for business banking came in 2018, when FinCEN created much more stringent requirements for banks to identify the ownership of businesses before they open bank accounts, in order to prevent criminal activity like money laundering, tax evasion and terrorist financing,” he said.

Compliance 186

Compliance Regulation blockchain Taxes 186

PYMNTS

MARCH 14, 2017

The Canadian government was forced to pull the plug on its website for filing federal taxes after it became clear that cybercriminals had broken into the statistics bureau last week. The bad news is this is the first major hack attributable to a bug in Apache Struts 2 — software that is often used on government, bank and retail websites.

Software 113

Software Security Taxes Strategy 113

CB Insights

FEBRUARY 13, 2020

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Fraud prevention tools. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items. Funding, valuation, and investors. Leadership and board members.

Online 98

Online Company Retail Payments 98

PYMNTS

FEBRUARY 18, 2019

Indeed, what will drive crypto adoption, Chell told PYMNTS, is in the technology’s ability to reduce payments friction, and integrate compliance and security. However, the company first rolled onto the scene as a partner of GunBroker , allowing the firearms retailer to offer its own digital coin as a more secure form of payment.

cryptocurrency 175

cryptocurrency Payments blockchain Compliance 175

Tomorrow's Transactions

OCTOBER 5, 2016

The use of cash has fallen more than 50% in the last four years and is projected to continue to fall as consumers look for faster and secure means of paying options. Is card fraud really a barrier to cashlessness? From Americans Are Using Less Cash but Mobile Payments Are Not The Ones Replacing It | Let’s Talk Payments.

Fraud 54

Fraud Cards America US 54

PYMNTS

APRIL 6, 2017

Combatting counterfeiting and piracy is not simply about protecting corporate profits; it has direct implications on global health, safety and security, as well as economic growth.”. Food counterfeiting, also known as food fraud or food crime, is more prevalent than consumers would believe, impacting both their pocketbooks and their health.

Taxes 116

Taxes Industry US National 116

PYMNTS

JULY 5, 2018

However, according to reports, retailers and other organizations have been reluctant to respond to those app-based inquiries. Technology companies, media groups, retailers and banks are among those most targeted because of the vast amounts of information they hold on customers,” said the Financial Times earlier this week.

Regulation 102

Regulation Data Exercises Online 102

PYMNTS

JANUARY 24, 2020

Despite Papyrus’ Closing, Stationery Retail Is Not All Doom-And-Gloom. Visa’s Chief Risk Officer On Securing Commerce In The 2020s. Never underestimate the value of the “ Contact Us ” form that every merchant and service provider places somewhere on its website — because no one knows who is going to end up on the other side of it.

Payments 150

Payments New York Mobile United States 150

Gonzobanker

AUGUST 17, 2022

Engagement platform Personetics also secured $85M from Thoma Bravo Digital banking provider Apiture announced a fundraising round led by Live Oak Bank, Pinnacle Bank, and BHG Financial Digital banking provider Backbase raised $128.6M

Fintech 182

Fintech Lending Software Compliance 182

CB Insights

OCTOBER 10, 2018

Startups targeting retail and commercial banking have been emerging globally, spurred by favorable tech regulations, an uptick in mobile adoption, and shifting customer demographics. This year in the US, JP Morgan launched mobile banking app Finn and Goldman Sachs’ retail banking arm Marcus crossed 1.5M Incumbents Play Catch-Up.

Retail 78

Retail Cards Millennials Mobile 78

Independent Banker

JULY 30, 2015

In Texas, data security, debit card surcharges and compensation for records searches become legislative issues. Some of the most pressing issues this year involved data security breaches, patent trolls, debit card surcharges and reimbursements for litigation records search requests. Data security breaches. Property tax lenders.

Data 70

Data Texas Community Bank Taxes 70

PYMNTS

FEBRUARY 7, 2020

Patrons must be assured that creators will use their funding for additional projects, and that transactions will be protected from rising fraud threats impacting platforms worldwide. Patreon implements additional security measures at the point of payout, requesting more stringent proof of identity before releasing creators’ incomes.

San Francisco 141

San Francisco Video Taxes Software 141

PYMNTS

JULY 13, 2018

And in retail, the checking yourself is literal and increasing. Corporate spending: May not get the boost that some might have hoped from the Trumpian tax cuts. Self-checkout: Check yourself, as the song says. As many as 70 percent of shoppers have used this option at grocers, per the PYMNTS Self-Service Kiosk report.

CA 100

CA Taxes Analysis Resources 100

PYMNTS

APRIL 19, 2019

As noted in this space this past week, SCA has goals that are laudable by any measure, as the SCA requirement seeks to reduce fraud and make online card-not-present (CNP) transactions more secure. Retail Sales: Rally 1.6 The economy is growing, and tax refunds may have also helped boost spend.

social media 125

social media Online Regulation Taxes 125

PYMNTS

SEPTEMBER 27, 2017

Despite the misleading “secure” designator “https,” Darrin Edelman, Token of Trust CEO, says this is a fake. If a site is demanding a Social Security number to process a donation payment, experts agreed: it’s definitely a scam! Think before you click,” says Steve Durbin, managing director of the London-based Information Security Forum.

social media 130

social media Security Taxes Operations 130

PYMNTS

MARCH 17, 2017

On Monday (March 13), the Canadian government was forced to pull the plug on its website for filing federal taxes after it discovered that hackers broke into the statistics bureau last week. However, this was the first major hack attributable to a bug in Apache Struts 2 — software that is often used on government, bank and retail websites.

Cyber Security 100

Cyber Security National Security Software 100

PYMNTS

SEPTEMBER 15, 2017

It noted that ICO projects are often in early stages of development, exist in an unregulated space, offer no investor protection and suffer from price volatility, fraud potential and inadequate documentation. This week, U.K.’s business plan, technology, people involved) and prepared to lose your entire stake.”.

Bitcoin 177

Bitcoin cryptocurrency blockchain Regulation 177

Fintech Labs Insights

APRIL 12, 2022

We’ve been on both sides of the table, 25 years running a small business, 5 years working in a bank, and 25 years advising banks on their digital retail banking and lending services. Bullet-proof fraud protection (no cap in maximum dollars*). Fraud transaction scans. Enhanced security*. Tax features (basic)*.

Digital Banking 15

Digital Banking Lending Fraud Cards 15

PYMNTS

JANUARY 19, 2021

But reaching a broader range of consumers, accommodating their payment preferences, and satisfying regulatory and tax issues in unfamiliar territory introduces a host of new operational challenges for these companies. With so many retail stores closing, they need to be able to provide a way to sell D2C wherever those consumers are online.”.

Branding 322

Branding Taxes Fraud Regulation 322

FICO

MARCH 31, 2016

At FICO World, two senior FICO leaders, experts in the areas of fraud and financial crime prevention, will engage in a lively discussion of how best to approach some of the top global compliance threats in the areas of anti-money laundering, know your customer (KYC), tax and business due diligence.

Compliance 40

Compliance DC Washington Regulation 40

PYMNTS

AUGUST 5, 2016

Visa also announced that it had extended the real-time, ubiquitous capability to other disbursement types as well including insurance claims, contractor payments, tax refunds and even merchant account real-time funds settlement. So, we all know this – chip cards were not going to fix the problem of fraud at the POS.

Bitcoin 100

Bitcoin Payments Samsung social media 100

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Some companies just push their luck a little too far. Total Funding: $1.1B.

Fraud 78

Fraud Las Vegas Company Video 78

PYMNTS

APRIL 27, 2020

Nothing brings money to top of mind like tax season — and tax refunds and stimulus payments , doled out in the wake of a pandemic known as the coronavirus. The trillions of dollars in stimulus funding and tax refunds being extended to families, individuals and businesses is coming — but slowly. Tax refunds? Very slowly.

blockchain 272

blockchain Taxes Industry Payments 272