PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. Fortunately, Cadore quickly pivoted her business to focus on online sales and partnerships with online retailers.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

MARCH 27, 2020

Only a few days into a lockdown to combat the COVID-19 crisis, online shopping firms such as Flipkart and Amazon are encountering disruption in India. District- and state-level limitations are hampering operations, Reuters reported, citing unnamed sources. The firm has noted that local restrictions prevent it from sending the items.

social media 141

social media Guidelines Operations Online 141

Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. A scam usually begins with online contact via social media or dating apps. Would you like other articles like this in your inbox?

Fraud 195

Fraud cryptocurrency Training social media 195

PYMNTS

APRIL 15, 2020

eCommerce operations, operations of IT and IT-enabled services, data and call centers for government activities, and online teaching and distance learning are all permitted activities now,” according to the revised guidelines issued by the Ministry of Home Affairs (MHA).

Guidelines 140

Guidelines Operations Online Technology 140

PYMNTS

JANUARY 31, 2020

Other regulators in Australia, India and Singapore are examining financial innovation rules of their own, using GDPR and PSD2 as guidelines. Around The Data Protection And Security World. The bill proposes several changes to how online data can be used and stored, as well as the level of access end consumers have to this data.

Digital Banking 136

Digital Banking Guidelines Regulation Data 136

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Merchants] that were completely in the Stone Age and had no great way [for consumers to pay] online.

Compliance 178

Compliance Meeting Payments Cards 178

PYMNTS

NOVEMBER 4, 2020

regulators have taken a more hands-off approach by issuing non-binding guidelines, thus allowing industry stakeholders to pave the way forward. This figure includes new users of online banking platforms or money management FinTechs, services that are covered under U.K. the Federal Reserve Bank of Boston said, “To date, U.S.

US 171

US Boston Regulation Data 171

PYMNTS

NOVEMBER 7, 2019

Many expanding technologies raise ethical implementation concerns, and digital ID’s extraordinary potential means coordinating clear and internationally accepted guidelines is increasingly necessary. Balancing the needs for privacy and verification is difficult for any online business lacking a clear-cut solution. as a guideline.

System 131

System Guidelines National Online 131

PYMNTS

AUGUST 28, 2019

In terms of mechanics, the credit scoring software will use data spanning bank and corporate transactions, and Nikkei said the lenders would need to secure borrowers’ consent before accessing and using that data. Blocktrade, according to a release, has a European license in place to trade with tokens and digital coins.

Fintech 172

Fintech Analysis Guidelines Data 172

PYMNTS

OCTOBER 14, 2020

Restaurants are working overtime to ensure their ordering systems are as friction-free and secure as possible, with many deploying advanced technologies to do so. Public spaces are gradually starting to reopen, with limited capacity and other social distancing guidelines set up. Developments From Around the Mobile Order-Ahead World .

Analytics 161

Analytics Fraud Data Mobile 161

PYMNTS

APRIL 30, 2020

The new surge in demand is putting financial institutions’ (FIs’) online and mobile offerings to the test and allowing FIs to show off their digital investments and know-how to assure customers that they are in good hands. These online and mobile experiences must be convenient, seamless and secure, or consumers are likely to abandon them.

Digital Banking 150

Digital Banking Mobile Online Millennials 150

PYMNTS

MARCH 27, 2020

Payments Initiation, which is enabled by PSD2, is driving the adoption of Open Banking” in the business banking and payments space, she told PYMNTS, pointing to the benefits of lower transaction fees, speed and elevated security as key drivers of adoption. Each one of these factors provides tangible benefits to businesses.”.

Payments 151

Payments Innovation Security Guidelines 151

PYMNTS

AUGUST 27, 2019

Under the guidelines, which cover exchanges, trading platforms and wallet providers, the regulators state businesses are not exempt from standards that tie in anti-money laundering (AML) rules, among other mandates. Securities Exchange and DLT. The integration will let wallet users pay merchants across online options, including mobile.

blockchain 145

blockchain Regulation Payments Bitcoin 145

PYMNTS

APRIL 16, 2020

That firm recently secured funding from Visa, which is also in the process of acquiring Plaid as part of its own wide-ranging open banking initiatives. Open banking startup Railsbank, founded by Currencycloud Founder Nigel Verdon, secured some high-profile funding with the recent investment by Visa, according to recent reports.

Data 167

Data Lending Regional Fintech 167

PYMNTS

JULY 23, 2020

Brazilian lawmakers have been developing open banking plans since 2019, for example, outlining rough guidelines to be enacted late this year. Growing interest in open banking typically coincides with the expanding use of online financial platforms and tools. The creation of open banking initiatives in the E.U.

America 165

America Regulation Regional Tools 165

PYMNTS

OCTOBER 14, 2019

Part of the problem is that money laundering controls are easier for fraudsters to anticipate than security measures for other cybercrimes. security standards from those in markets like Europe. If a bank flags transactions over a certain limit, for example, a bad actor can easily avoid making transactions that surpass it.

Strategy 109

Strategy Fraud Innovation Regulation 109

PYMNTS

MARCH 8, 2018

Every business walks the same tightrope when it comes to processing payments: Convenience versus security. It doesn’t matter if the business is consumer-facing or serving other businesses (B2B); security is top of mind for all of them, yet adding more layers can introduce more friction, and that can scare customers away.

Innovation 112

Innovation Security Industry Fraud 112

PYMNTS

JUNE 6, 2016

Biz2Credit is expanding its small business lending operations into a market without much experience with alternative finance. An announcement on Friday (June 3) said the company will enter India, providing online financing to its SMEs.

Marketing 100

Marketing Lending Guidelines National 100

PYMNTS

OCTOBER 8, 2019

That challenge is undoubtedly a major headache for the companies operating in this sector, which are often small businesses. As Henry explained, though the platform allowed for companies to connect and agree on pricing, it was unable to facilitate transactions between those buyers and suppliers.

Compliance 114

Compliance Guidelines Industry Taxes 114

PYMNTS

NOVEMBER 2, 2020

As PYMNTS noted in the Pandenomics report in early October, “the biggest change of all will likely be the share of consumers shopping for groceries online. percent of consumers who have shifted to grocery shopping online plan to maintain at least some and possibly all of their new digital shopping habits, meaning only 14.7

Study 205

Study Cards Payments Innovation 205

PYMNTS

APRIL 16, 2020

As of the end of 2019, eCommerce was about 15 percent of total commerce, Ekata Vice President of Strategy and Operations Arjun Kakkar told PYMNTS in a recent conversation. Had 2020 been a normal year, it might have risen to about 17 percent by the time we were ringing in the New Year on Dec. They simply don’t have enough historical patterns.

Meeting 170

Meeting Fraud Analysis Data 170

PYMNTS

MARCH 11, 2020

The Reserve Bank of India recently released guidelines outlining an approved method that private companies could use for conducting KYC checks online by using videos. Keeping everything safe when operating globally is challenging because there’s no one-size-fits-all profile for a risky transaction or suspicious company, however.

Fraud 150

Fraud Payments Guidelines Regulation 150

BankBazaar

APRIL 20, 2021

Security is one of the main concerns regarding this payment method. A lack of pin and password places the payment details of the users at the risk of online theft, while leaving the transaction details vulnerable to hacking. Their security might be questionable and that is why, as per RBI guidelines, you can deposit only Rs.

Payments 78

Payments Cards Technology United States 78

PYMNTS

MAY 31, 2018

According to The Wall Street Journal , Google is an early beneficiary of changes in online behavior so far. To be fair, it is hardly surprising that a big operator such as Google would be looking this good this early. PYMNTS intends to monitor the winners, losers and unintended consequences of the GDPR. Take B2B, for instance.

Google 116

Google Regulation Online Data 116

PYMNTS

JANUARY 31, 2019

These bad actors often make off with investment funds for personal benefit or funnel them into illegal operations. Among the platforms facing this challenge is FrontFundr , an online investment portal operating in eight Canadian provinces that focuses on helping established and newer investors connect with early-stage companies.

Tennessee 108

Tennessee social media Fraud Guidelines 108

PYMNTS

JULY 25, 2017

Rolling out mobile order-ahead can involve big operational changes, and the road to innovation — or convenience, as it were — isn’t always clearly marked. Of course, smaller merchants are looking to get in on the action, but can they re-think their operations to accommodate new consumer demands? That figure tripled in 2016 to 180,000.

Mobile 102

Mobile Training Online Analytics 102

PYMNTS

JULY 5, 2017

The complexity of mobile payments shows up when looking at the entities involved in the entire process, and where these entities will be operating. The regional variations of the payment flow make for a massive amount of complexity in the ecosystem as there are also regulatory and compliance guidelines that will shift depending on the region.

Innovation 121

Innovation Customer Experience Mobile Security 121

Tomorrow's Transactions

JULY 26, 2016

Earlier in the week I blogged about mobile banking security , and I said that in design terms it is best to assume that the internet is in the hands of your enemies. Anyway, the point is that the internet isn’t secure. I saw Charles Brookson, the head of the GSMA security group, make a very interesting point recently.

Security 30

Security Guidelines Samsung Mobile 30

PYMNTS

APRIL 30, 2019

PSD2 will change – indeed is changing – online commerce in Europe and beyond. In a podcast with PYMNTS’ Karen Webster, Rob Eleveld, CEO of Whitepages, took note of how PSD2 and its strong customer identification (SCA) guidelines (which take effect in September) will shift checkout flows for transactions in Europe. a fingerprint).

Fraud 171

Fraud Online Cards Payments 171

PYMNTS

JUNE 27, 2016

2. Online gaming: $36.7 Caldera cites the example of Operation Choke Point — an initiative by the DOJ that investigates U.S. “One significant vehicle for increased scrutiny of high risk merchants and their bankers is Operation Choke Point. The regulations were vague, and were more like guidelines.

Regulation 101

Regulation Guidelines Risk Management Operations 101

PYMNTS

MARCH 19, 2018

That means just putting in place additional security measures is not sufficient to ensure compliance, leading IBM and Mastercard to establish this data trust. For example, a Truata client – in this case, an online merchant – takes a customer list, de-identifying it in a way that can be known only to that client, and passes it to Truata.

Analytics 124

Analytics Data Compliance Tools 124

PYMNTS

AUGUST 29, 2018

When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM Zac Cohen told Karen Webster, to take a step back and look at the general purpose of the European Union. Because, he noted, in the EU – and also in the U.S.

Regulation 164

Regulation Guidelines Trends Online 164

PYMNTS

NOVEMBER 22, 2018

Chalk it up to “unviability of operations” in the wake of new regulatory guidelines, mandating upgrades that focus on the actual management of the physical cash at those machines. Side note: Walmart has come to India in a big way with an ownership stake in online marketplace Flipkart , and thus has its own online payment offerings.

ATM 187

ATM Payments Compliance Google 187

PYMNTS

APRIL 6, 2018

With new and clear guidelines, cyclists, delivery workers and businesses alike will now understand exactly what devices are allowed.”. It also operated dockless pedal-assist bikes in Washington, D.C. Online alcohol delivery as the toast of the town: Booze with a click of the mouse and a knock at the door? and Sacramento.

Apple 100

Apple San Francisco New York Sacramento 100

NCR

MAY 22, 2017

Indeed, some banks are forecasting that it could affect how they operate throughout every part of their business. In the banking sector, there’s an expectation that this technology could fundamentally change how firms make decisions and interact with customers. Putting customers first.

Big Data 85

Big Data Data social media Fraud 85

PYMNTS

APRIL 25, 2016

Fraud is moving en masse online , though, as in-store methods are getting harder and crooks look to find the weakest link. According to the PYMNTS/Forter Global Fraud Attack Index , online fraud attacks have jumped by 11 percent since the shift in the U.S. Overall, year over year, online fraud attacks have spiked 215 percent.

Lending 100

Lending Mobile Cards Fraud 100

PYMNTS

SEPTEMBER 16, 2020

Establishing trust is crucial for all companies that operate in the sharing economy. Homesharing platforms must vet renters or tenants and ensure that their personal and payment data remain secure, for example. Stashbee’s verification process begins by guiding potential hosts during the creation of their online shopfronts.

Taxes 230

Taxes Guidelines Meeting Security 230