Remove Online Remove social media Remove Technology Remove United States
article thumbnail

Luxury Retail Steps Up Its Offline And Online Game

PYMNTS

Meanwhile, luxury brand Burberry has teamed up with Tencent in China to offer a “social retail” store to take advantage of China’s online shopping trend and capture more of the luxury market in the country, according to a report by Reuters. The plan is to create a space that mixes physical with digital.

Retail 131
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

TRENDING: How Credit Unions Give Digital The Personal Touch

PYMNTS

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. Deep Dive: How CUs Leverage Social Media. Credit unions (CUs) are facing an ever-shifting financial services landscape.

article thumbnail

To Fight Fake IDs And Online Fraud, Know Thy Enemy Better

PYMNTS

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. ID theft stands as the fastest-growing crime in the United States, and, globally, one in 60 transactions are fraudulent. OK, enough of the generalities. In the U.S., there were 16.7

Fraud 189
article thumbnail

Banks Reinforce Protections As Cybercriminals’ Tactics Evolve

PYMNTS

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. Bank , one of the largest commercial banks in the United States. Leveraging Advanced Technologies. Bancorp, which is the parent company of U.S. At The Consumer Level.

Fraud 295
article thumbnail

Restaurant Ordering Apps, Cloud Technology, Cash Hoarding Top This Week’s News

PYMNTS

We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis. Tom Brady announced on social media that he won’t sign with the Patriots for the 2020 season after two decades with the team.

article thumbnail

Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

Pig butchering scams originated in Southeast Asia and have escalated significantly in the United States. A scam usually begins with online contact via social media or dating apps. Today’s pig butchering scams usually involve investment schemes and cryptocurrency fraud.

Fraud 195