PYMNTS

DECEMBER 10, 2020

TSYS , a payment processing company, has suffered a ransomware attack and had some data posted online, according to a report from Krebs on Security. based TSYS, the third-largest third-party payment processor for financial institutions in the U.S., The company was acquired by Global Payments Inc. Columbus, Ga.-based

Online 226

Online Data Columbus Cards 226

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.

Technology 195

Technology Fraud Compliance Regulation 195

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.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

MARCH 15, 2022

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195

Online Lending Survey Digital Banking 195

PYMNTS

DECEMBER 9, 2020

Square is offering merchants in the beauty and wellness industry a point of sale (POS) tool that integrates appointments, payments and checkout for a streamlined, secure process. . Square Appointments is a front desk solution that works with the business payments processing tool Square Register.

Tools 283

Tools Online Wyoming Software 283

PYMNTS

SEPTEMBER 29, 2020

A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. This can lead to consumers contacting their banks, which could incur costs and waste time with unnecessary chargebacks.

Online 243

Online Guidelines Study Fraud 243

PYMNTS

AUGUST 13, 2020

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. Gluck, a 25-year veteran in the emerging payments space, led teams at Mastercard before joining PAAY.

Technology 248

Technology User Experience Fraud Comparison 248

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.

Michigan 163

Michigan Security Cards Fraud 163

Perficient

FEBRUARY 27, 2024

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221

Trends Industry Operations Customer Experience 221

PYMNTS

OCTOBER 12, 2020

Online marketplaces are connecting retailers, consumers and nonprofits amid the pandemic. And online shopping and digital fraud are increasing simultaneously, but merchants can take steps to ensure that debit-based card-not-present (CNP) transactions are kept safe. consumers stating that security is important when shopping online.

Retail 146

Retail Innovation Technology Security 146

PYMNTS

OCTOBER 7, 2020

Higher volumes of consumers are continuing to shop online even as brick-and-mortar stores reopen. The expansion of digital banking and payments has also contributed to a rise in cybercrime — 32 percent of consumers noted in one study that they had been the targets of COVID-19-related fraud, for example.

Online 223

Online Report Tools Fraud 223

The Paypers

MARCH 7, 2023

Global payments and financial platform Airwallex has secured a payment business licence in China following the acquisition of Guangzhou Shang Wu Tong Network Technology.

Security 36

Security Online Payments Technology 36

PYMNTS

SEPTEMBER 18, 2020

Nacha , the nonprofit that manages the movement of trillions of dollars in electronic payments, announced the debut of voice payments and cybersecurity resources on Thursday (Sept. She noted that verifications can also utilize information tied to payment history.

Payments 220

Payments Exercises Resources Fraud 220

PYMNTS

NOVEMBER 6, 2020

COVID-19 has shifted consumers away from card-based payments experiences, while P2P has accelerated a change enabling merchants to own the payments experience itself, Debbie Guerra , executive vice president of merchant and payments intelligence solutions at ACI , told PYMNTS in a recent interview. Payments Flexibility .

Payments 274

Payments Cards Fraud Retail 274

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.

Technology 62

Technology Mobile Security System 62

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Why Pandemic-Driven Online Payment Spikes Are Pushing Middle Eastern Regulators To Confront Privacy Questions.

Online 151

Online Report Payments Regulation 151

PYMNTS

JANUARY 19, 2020

Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. billion in technology startup funding last year, a new record for the market, and almost $4 billion higher than it saw in 2018.

Online 172

Online Fintech Strategy Branding 172

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. and India, alternative small business lending technology company CreditEnable has revealed a $2 million seed round, according to Inc42 reports. With headquarters in both the U.K.

Security 204

Security Fintech Capital Management 204

PYMNTS

FEBRUARY 17, 2020

Dallas-based busing line Greyhound is all too familiar with such problems, prompting it to implement advanced learning technologies to secure ticketing. Our number one goal was making sure that process was as frictionless as possible while making sure that we [offered] a fully secure process.”. Overcoming legacy systems.

Security 141

Security Tools Fraud System 141

PYMNTS

APRIL 1, 2019

When it comes to online shopping, one of the greatest frustrations for consumers — and friction points for merchants — is having to manually enter credit or debit card information for each purchase. percent of consumers today have account information stored online with at least one or more companies or service providers.

Online 212

Online Cards Mobile Maine 212

PYMNTS

DECEMBER 7, 2017

If the definition of insanity is doing the same thing time and again and expecting different results, then perhaps the way we pay through, and interact with, online banking may have a hint of madness, or at least complacency. Studies abound on the impact of payments fraud, said Volmar. Put another way: What haven’t we learned?

Security 101

Security Online blockchain Fraud 101

PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. Large investments in security measures are necessary for banks to protect themselves and their customers from this menace.

Technology 208

Technology Report Fraud Study 208

PYMNTS

NOVEMBER 5, 2020

Payments technology startup Shift4 Payments has acquired eCommerce firm 3dcart to create a global, “unified commerce ecosystem,” the company announced in a Thursday (Nov. Shift4 Payments services businesses with its suite of multichannel payment products. “We 5) press release. “We

Payments 223

Payments Online Software Industry 223

PYMNTS

APRIL 10, 2020

“I think one of the largest reasons [insurers are still using checks] is because claim payments, the paying out of a claim, is [a] loss of money, and it is really hard for companies to focus or invest resources in a place in which you are losing money already,” Michele Schmitt, senior product manager for B2B insurance technology firm Tr?v

Mobile 198

Mobile Technology social media Customer Experience 198

PYMNTS

NOVEMBER 22, 2019

Payments made through the platform economy, through the online marketplaces that bring together individual buyers and seller – sometimes far-flung – happen in an instant. The latest edition of the Payments and the Platform Economy Playbook shows what’s at stake as P2P gains traction. No easy task, but technology can help.

Online 109

Online Fraud Security Data 109

PYMNTS

OCTOBER 22, 2020

As has historically been the case with commerce security upgrades that roll in by government mandate, the path to European Union adoption of 3D Secure 2.0 At the end of the day, it’s kind of a low-priced piece of technology to fight what can be a very expensive issue for merchants.”. also known as “3DS 2.0” But first, 3DS 2.0

Fraud 221

Fraud Online Security Cards 221

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

APRIL 30, 2020

The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. At the time, Flutterwave said it would use the funding to further build out its technology and continue expanding throughout Africa.

Online 141

Online San Francisco Payments Capital 141

PYMNTS

OCTOBER 19, 2018

To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. The news comes a few months after EMVCo announced the launch of the full EMV 3-D Secure (EMV 3DS) test platform in August.

Security 176

Security User Experience Cards Industry 176

PYMNTS

AUGUST 10, 2018

Business software company Intuit has secured a patent for bitcoin payment processing, according to Coindesk reports on Thursday (Aug. Intuit describes several use cases of the technology, including for business-to-business transactions. The company has also focused on payments via collaboration.

Bitcoin 104

Bitcoin Security Payments cryptocurrency 104

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. According to Visa, the technology behind 3-D Secure 2.0

Security 192

Security System Fraud Tools 192

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. The fraud-fighting infrastructure uses an innovative scoring engine to analyze risks in real time for all payments.

Payments 165

Payments Compliance Fraud User Experience 165

PYMNTS

JULY 31, 2018

Zillow , the online real estate company, announced on Tuesday (July 31) that it has rolled out new tools to help time-strapped renters get a competitive edge in the rental process and to help landlords avoid the time and hassle it takes to screen potential tenants.

Online 101

Online Payments Tools Resources 101

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California. Contrast Security.

Security 189

Security Capital Analytics Software 189

PYMNTS

MARCH 11, 2019

In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. And payment companies are rolling out new products.

Retail 213

Retail Technology Atlanta San Francisco 213

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150

Bank Innovation

NOVEMBER 16, 2018

And for banks, making sure regulatory and security compliance is met on each technology undertaking only makes those costs larger. But innovation is a must for banks, who are not only competing with fintechs like neobanks, PFMs, and payment companies, but also with the likes of Amazon, Google, and even Walmart.

Innovation 150

Innovation Technology Google Compliance 150