Remove Innovation Remove Online Remove Security Remove United States
article thumbnail

The United States May License Bitcoin and Cryptocurrency Exchanges

Bank Innovation

The Acting Comptroller of the Currency of the United States, Keith Noreika, has stated that he is considering imposing a nationwide licensing program for cryptocurrency exchanges, similar to the licensing program recently enacted in Japan.

article thumbnail

RILA On How United States Retailers Are Responding To Changing Privacy Rules

PYMNTS

California Consumer Privacy Act (CCPA), Washington Privacy Act (WPA) and other new privacy and online transaction standards are changing how businesses interact with consumers’ data in the U.S. Modern retail is not just a physical store thing or a mobile thing or an online thing. But, these [proposals] are not plucked from the ether.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FICO’s Take On Debit Security

PYMNTS

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Financial institutions (FIs) cannot simply expect the popularity of debit to persist unaided, however, and must continue to innovate to keep fraud rates at a minimum.

Security 182
article thumbnail

Senate Federal CEO On Protecting Member Trust During Digital Overhauls

PYMNTS

Credit unions (CUs), as much as other financial entities, are seeing a boom in competition as banking moves to online and mobile channels. Customers today expect to be able to access financial services instantly, which can put pressure on CUs that need to stretch restricted technology budgets into innovative new features.

article thumbnail

The Year In Data: Measuring 2020’s Payments Innovation

PYMNTS

This study assessed how restaurants’ customer engagement strategies have evolved since the pandemic's onset, and helped identify the key digital innovations that can help restaurants deliver improved user experiences and boost their average unit volumes (AUVs). percent of consumers bought groceries online in 2020, compared to the 18.6

Data 277
article thumbnail

Equifax Strikes Deal To Buy Kount

PYMNTS

Kount’s staff members will become a part of Equifax’s United States Information Solutions (USIS) business unit and will still be based in Boise, Idaho, according to a Friday (Jan. The deal, which is anticipated to close in Q1 of 2021, is subject to “customary closing conditions and regulatory review,” the announcement stated.

Idaho 295
article thumbnail

EMV’s Online Fraud Attack Push

PYMNTS

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.

Fraud 100