Examining ingredients of a successful mobile payments solution
Payments Dive
FEBRUARY 9, 2021
With a robust and secure mobile payment solution, consumers are more likely to get on board and embrace mobile payment technology.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
Payments Dive
FEBRUARY 9, 2021
With a robust and secure mobile payment solution, consumers are more likely to get on board and embrace mobile payment technology.
PYMNTS
DECEMBER 10, 2020
But for B2B payment solution providers, the need for speed was coupled with another challenge: Technologies had to be built to address new and emerging use cases as payment scenarios were rapidly altered, perhaps permanently. Balancing Consumerization With Security. Second, they need transaction security and control.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Payments Dive
MARCH 5, 2019
The increased use of mobile apps in e-commerce, banking and corporate payments is forcing cyber experts to shift tactics and technologies to protect vulnerable endpoints from malicioius attacks.
PYMNTS
NOVEMBER 23, 2020
And even before then, as evidenced by an earlier conversation between Karen Webster and Drew Edwards , CEO of Ingo Money , mobile deposit fraud was increasingly becoming a favorite vector for criminals. Back then, Edwards noted that mobile check fraud was escalating so much that some banks were shutting off the feature entirely.
PYMNTS
APRIL 10, 2020
The uptick in smartphone use and availability, however, has prompted many insurance providers to enable customers to file claims from their phones, but few have implemented mobile disbursements. “I Developing that claim flow can be difficult, though, especially when it entails enabling access to mobile disbursements.
Tomorrow's Transactions
JANUARY 27, 2022
Insecure technology is regularly cited as barrier to the use of online voting systems, in particular when casting your vote through your mobile phone, rather than putting your cross on a piece of paper and putting in a box at the polling station or mail box.
Payments Source
SEPTEMBER 17, 2020
Even before the COVID-19 pandemic forced retailers and consumers alike to consider the benefits of shopping via a mobile app, providers of shopping and loyalty apps were seeking partnerships with security vendors to deploy fraud prevention technology.
Payments Dive
AUGUST 17, 2017
Across the globe, financial institutions are under mounting pressure to meet high consumer expectations, capture and retain market share, and secure mobile transactions – all at the same time. Some are lagging, while others are upgrading technologies and investing in innovation and testing departments. So, how did we get here?
PYMNTS
MAY 28, 2020
To prevent this, a new category is emerging around the area of online reputation management , with a luxury automaker among the latest brands to embrace the technology. In payment methods, a shift to contactless is underway, and the stage is set for consumers to embrace mobile wallets more widely. All this, Today in Data.
Payments Dive
MAY 23, 2017
App developers need to build better & more usable mobile apps AND keep up with the latest security techniques & technologies.
Payments Dive
JANUARY 5, 2018
But for the technology to gain traction, it must, first and foremost, provide a secure customer experience. Cardless ATM transactions can offer unparalleled convenience for consumers, not to mention cost-savings and enhanced efficiency for FIs.
Abrigo
JULY 27, 2023
Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. Talk to a specialist to learn more.
Abrigo
JULY 27, 2023
Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. Talk to a specialist to learn more.
PYMNTS
JUNE 10, 2020
The need to stay at home and minimize person-to-person contact during the COVID-19 pandemic has pushed mobile banking use into overdrive. Customers are unable or unwilling to visit bank branches, instead using apps to conduct their financial activities and generating an 85 percent rise in mobile banking activity in April.
Perficient
SEPTEMBER 23, 2020
I think these technologies have a way to dramatically improve the mobile experience if you can take advantage of them. Before jumping into why these new technologies will become important, let’s discuss the current state. As an example, take a look at the mobile experience provided by the iPhone’s Map application.
PYMNTS
AUGUST 8, 2018
Department of Homeland Security researchers have reportedly found many security vulnerabilities in mobile devices sold by U.S.-based The researchers told Fifth Domain that it’s not clear whether hackers have taken advantage of the security holes yet. based cellphone carriers, reported Fifth Domain.
PYMNTS
OCTOBER 25, 2020
Touting 5G data speeds that are already 25 times faster than current 4G technology (and will eventually be 100 times faster), the two companies said the security, reliability and ultra-low lag times will bring increased efficiency and reduced costs. And this is just the beginning.”. Making 5G a Reality.
PYMNTS
JULY 29, 2020
Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific (APAC) regions, hoping to enhance clients’ experiences through faster and more secure business transactions, according to a press release. and Canada. and Canada.
PYMNTS
JANUARY 22, 2020
FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release. The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks.
PYMNTS
OCTOBER 21, 2020
As T-Mobile races ahead with its rollout of 5G, the wireless giant is now on the hunt for startups to develop the additional bells and whistles that will make its new, high-powered network stand out from its competitors. To that end, T-Mobile on Wednesday (Oct.
PYMNTS
NOVEMBER 13, 2020
has secured a $25 million venture loan facility from Horizon Technology Finance Corp., a specialty finance company that provides secured loans to venture capital-backed companies. . We are excited to support Getaround as they progress toward becoming a global leader in mobility.". It currently operates in some 300 U.S.
PYMNTS
JANUARY 20, 2021
FIs must be prepared to support the pandemic-driven shift in consumers’ payment and spending behaviors while also keeping up with new security needs, Chris Tremont , executive vice president of virtual banking for Radius Bank , said in a recent PYMNTS interview. “As Security And The Consumer Element . is huge,” Tremont said.
PYMNTS
APRIL 10, 2020
Intimidated by the scale and cost of a massive technological overhaul, large financial institutions (FIs) may approach their digital transformation (DX) journeys gradually, targeting various areas of operations to modernize one-by-one. “Banks are technology companies,” Rio Tinto recently told PYMNTS.
PYMNTS
MAY 28, 2020
Welcome Technologies , which works to aid immigrants as they integrate into life in a new country, is partnering with Green Dot for the PODERCard, which will help U.S. Welcome Technologies is using Green Dot’s Banking-as-a-Service technology to create and optimize the features. Less than half of U.S.
PYMNTS
JULY 30, 2019
Such tools are no longer at the far reaches of the universe, and today’s technologies would make the Enterprise’s crew feel right at home. QSRs and other mobile ordering providers are recognizing these solutions’ growing popularity and are working overtime to bring hungry customers their orders with voice alone.
PYMNTS
FEBRUARY 23, 2018
Entersekt , the push-based authentication and mobile app security company, announced news on Thursday (Feb. 22) that it inked a technology partnership with global information solutions company Equifax. Adding Transakt to our platforms provides us with a secure way to identify, reach out to and interact with our customers.”.
PYMNTS
FEBRUARY 20, 2020
Consumers have somewhat of a fickle relationship with security when it comes to transactions. Most report that they want security, and they are sincere in their reporting. This isn’t so much of a security gap as a convenience gap. The Three Main Challenges .
PYMNTS
JULY 31, 2020
Many are thus turning to gig marketplaces, which can help them connect to programmers and other technology professionals, Dave Messinger , chief technology officer at Topcoder , said in an interview with PYMNTS. . Pandemic-related challenges have forced employers to find new ways to quickly attract and onboard talented workers.
PYMNTS
NOVEMBER 9, 2018
Silver Miller — America’s leading cryptocurrency investor law firm — announced it has filed lawsuits against AT&T and T-Mobile on behalf of crypto asset holders who were allegedly victims of “SIM swapping.” In addition, other Silver Miller clients, who used T-Mobile, were robbed of $400,000 and $250,000.
PYMNTS
OCTOBER 19, 2020
19) announced that its Sigma Instant Desktop Issuance product will set “the standard for simple, secure and smart instant-ID solutions across enterprise, healthcare, government, higher education and financial institutions (FIs)." One challenge for companies is maintaining “a safe and secure flow of data ?
PYMNTS
DECEMBER 28, 2020
Citgo is entering into a new relationship with the cloud-based mobile commerce company P97 to help consumers buy food, fuel or other items via mobile app, according to a press release. The app, the release stated, will integrate Connected Car and Citgo's shopper loyalty program with new mobile commerce technology.
PYMNTS
OCTOBER 22, 2020
A major provider of financial technology to banks, Mitek Systems said its digital identity verification software will now incorporate near-field communication (NFC) technology as well. Mitek, a top developer of digital identity verification and mobile check deposit technology, announced on Thursday (Oct.
Bank Innovation
NOVEMBER 2, 2016
Security provider InAuth just announced a partnership with Zelle—the old clearXchange, for those who are still not used to the rebrand —in order to provide better mobile security on the Zelle app when it’s launched sometime in the first six months of 2017. Knowing what the [mobile] network operators know Read More.
PYMNTS
JANUARY 14, 2020
In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.
PYMNTS
OCTOBER 8, 2020
Charles Twine, spokesman for the Criminal Investigation Department, said the hackers had gotten into the mobile money systems and stolen funds, according to Bloomberg. Mobile money is a big market in Africa for making payments.
PYMNTS
NOVEMBER 10, 2020
Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . also known as 3DS 2.0
PYMNTS
SEPTEMBER 24, 2019
Digital banks , for one, are teaming up with technology providers to accelerate settlement times for payments collected at the point-of-sale (POS). Airlines are also seeking to enable speedy mobile payments. Southwest customers can use the mobile wallet to buy ticke ts and pay for other services. Read more in the Tracker.
Payments Source
NOVEMBER 17, 2020
The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.
PYMNTS
NOVEMBER 19, 2020
Blackhawk Network noted that mobile wallet adoption in the U.S. Google is looking to capitalize on some momentum around mobile wallets. That paves the way toward mobile wallet adoption, as consumers avoid bringing out the plastic at the POS. Mobile wallet transaction value could exceed $1 trillion by 2024.
PYMNTS
AUGUST 10, 2018
Positive Technologies researchers Leigh-Anne Galloway and Tim Yunusov are warning that new lower-cost payment systems could hurt companies because of security flaws that could enable hackers to steal credit card data or change the value of what people are purchasing. The card readers typically attach to a tablet and or smartphone.
PYMNTS
AUGUST 27, 2020
Lightico, using a secure platform, can allow businesses to "collect forms, documents, eSignatures, photos and payments, consent to disclosures and verify identities instantly via text, even while the customer is on the phone," the post stated. It also uses Mitek's Mobile Fill for the same purpose.
PYMNTS
DECEMBER 18, 2018
As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. 5G phones in the first half of 2019, underscoring the near-term approach of increased mobile speeds and other features of 5G.
Independent Banker
FEBRUARY 28, 2023
BankOnBuffalo president Michael Noah says the bank’s mobile branch will provide service to those who don’t have easy access to banks. Photos by Luke Copping Photography BankOnBuffalo has hit the road with its new mobile bank, BankOnWheels, to meet the needs of underserved communities. By William Atkinson Name: BankOnBuffalo Assets: $1.1
PYMNTS
OCTOBER 1, 2020
Global payment solutions provider Castles Technology has acquired Spire Payments , a provider of electronic funds transfer at point of sale (EFTPOS) systems, the company announced in a Thursday (Oct. He said the acquisition would add more choice for customers alongside new technical and security capabilities. 1) press release.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content