PYMNTS

SEPTEMBER 6, 2019

The sharing economy is a two-way street that operates on trust between suppliers and customers, and that trust is even more important for high-value exchanges like home shares. No one wants to answer a call or have to physically submit ID documents, but how much friction is tolerable for security’s sake? What About Friction?

Security 125

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PYMNTS

AUGUST 20, 2019

“There will be accidents, especially in the cloud,” Korbinian Ibel, a director general at the ECB’s supervisory operations, said in the report. The warning comes as banks have been enlisting the aid of tech giants like Microsoft and Amazon, while bringing operations and data to the cloud.

Data 176

Data Security Capital United States 176

PYMNTS

MAY 21, 2020

To help businesses safely resume their operations, IntraEdge has rolled out its Janus “privacy-first” self-check temperature kiosks, according to an announcement. That data, it says, is “immediately encrypted then transmitted to Truyo’s highly secure cloud environment,” and information is not kept on the device.

Study 213

Study Security Report Technology 213

PYMNTS

DECEMBER 18, 2020

This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future. Social distancing guidelines, stay-at-home orders and mandated dining room closures around the U.S. The Fraud Threats Of 2020.

Fraud 229

Fraud Trends Security social media 229

PYMNTS

JULY 20, 2017

million cardholder details are on sale for an average of $6 each, with prices varying dependent on the level of security associated with the card and cardholder. And these criminals are going after a potentially lucrative market. In just two of the most popular ‘carding’ forums, 1.2

Study 124

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PYMNTS

SEPTEMBER 27, 2020

Sezzle , the installments payments platform, will be working on buy now, pay later (BNPL) services with Target , a press release says, which will test how the popular payment trend works with the retail giant's operations.

Leadership 302

Leadership Millennials Retail Study 302

PYMNTS

OCTOBER 21, 2020

To meet these shifting demands, companies must develop stronger and more efficient cross-border and digital commerce operations. These complexities can generate many points of friction, including the varying operating hours of foreign banks, the challenge of working through multiple payment intermediaries and heavy fees.

Payments 159

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PYMNTS

FEBRUARY 27, 2018

These solutions could shift the way national security agencies in several countries operate, or force employers to change how they authenticate and identify their employees. Several nations around the world are reconsidering their approach to security and national identity systems. Social Security number as an identifier.

Security 110

Security Report National Millennials 110

CFPB Monitor

AUGUST 1, 2016

Together with its release of the outline, the CFPB issued a report , “Study of Third-Party Debt Collection Operations.” The study concluded that, industry wide, “most debt collection firms are small” and that 75% of collection firms employ fewer than 20 people each.

Study 60

Study Industry Survey Sacramento 60

PYMNTS

NOVEMBER 17, 2020

Under COVID, one study finds that 22 percent of Americans had been targeted by pandemic-related fraud attempts as of April. PYMNTS’ latest Digital Fraud Tracker® , done in collaboration with Simility , is a study in the forces impacting fraud and security in a year when cyberthieves have been having a field day.

Fraud 182

Fraud Study Analytics Tools 182

PYMNTS

FEBRUARY 17, 2020

In the February Intelligence of Things Tracker , PYMNTS examines how connecting devices can promote efficiency, optimized operations and streamlined organizational structures — but doing so can also create favorable data breach conditions for fraudsters. One study reported that 7,098 breaches exposed 15.1 About The Tracker .

blockchain 249

blockchain Maine Security Data 249

Perficient

APRIL 14, 2022

With the rise in vaccination rates and a hopeful return to a “new normal,” it won’t be possible to put the genie back in the bottle and return to legacy operations. A broad study indicates that 60% of global customers are willing to share data in return for perceived value from their insurance carrier. Understanding Our People .

Strategy 332

Strategy Tools Industry Customer Experience 332

PYMNTS

JANUARY 27, 2020

Cybercriminals’ accomplishments come at the expense of targeted businesses, with a recent study finding that individual data breaches cost firms around the globe an average of $3.92 Another recent study found that phishing accounts for 90 percent of all data breaches and that such schemes increased 65 percent over the past year.

Fraud 249

Fraud Policies Security Resources 249

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

JANUARY 21, 2021

Financial institutions (FIs), FinTechs and other businesses that are looking to enable these rapid payments must therefore ensure that their security and fraud-fighting approaches are up to the challenge. Stronger security strategies and solutions could help turn the tide and boost adoption. Recent surveys found that 38 percent of U.S.

Fraud 231

Fraud Security Payments United States 231

PYMNTS

SEPTEMBER 12, 2019

IBM has unveiled the latest addition to its Z mainframe portfolio, a new platform called the z15 designed with data privacy, security and hybrid multi-cloud use in mind, the company said in a release on Thursday (Sept.

Data 232

Data Security ATM Tools 232

PYMNTS

AUGUST 28, 2019

While all financial institutions (FIs) operate on customer relationships, trust and loyalty can play a larger role for credit unions. percent) cited data security and 60.8 percent of members want their CUs to invest more in security and 19.5 Open banking is a solution that can solve security issues and instant payments.

Security 184

Security Fraud Study Innovation 184

PYMNTS

JANUARY 19, 2021

A new year has begun, but the pandemic continues to throw financial and operational curveballs at banks, businesses and their consumers regarding how they conduct daily tasks or routine payments. Another study found that 55 percent of U.S. Another study indicated that debit-related fraud is on the rise across the U.S.

Fraud 155

Fraud Tools Mobile North Carolina 155

PYMNTS

JUNE 30, 2017

While few computer users opt for a Linux operating system, almost every consumer has an Internet of Things (IoT)-enabled device (or 10) that runs on it, from webcams and DVRs in the home to point-of-sale terminals and ATMs in businesses. “If That’s why hackers are targeting Linux systems, and consumers don’t even know they’re using them.

Security 137

Security Report Software System 137

PYMNTS

DECEMBER 12, 2019

The thefts — which retailers call shrink — will result in lower operating profit margins in 2020, Home Depot executives told analysts and investors during a meeting. According to a study, theft accounts for 4 percent of inventory among retailers with self-checkout, more than double the rate for traditional checkout (1.5 stores, said.

Atlanta 201

Atlanta Retail Study New York 201

PYMNTS

DECEMBER 14, 2020

The Federal Trade Commission (FTC) has announced a new operation, Operation Income Illusion, to crack down on fraudsters targeting victims with fake promises of jobs or income, according to a press release. The FTC is working with 19 other federal, state and local law enforcement partners in the effort.

Fraud 192

Fraud Operations Analysis Study 192

PYMNTS

JANUARY 17, 2020

Preventing fraud with seamless and secure onboarding solutions is key. cardholders more than $14 billion annually, or $213 each, according to one study. Others are rolling out blockchain technologies to provide users with even greater personal data security. This can make the space ripe for fraudsters, however. trillion a year.

Security 130

Security Fraud blockchain Cards 130

PYMNTS

MARCH 22, 2019

Thirty-four percent of businesses are using IoT in their operations, according to a recent study, and 70 percent of that group have moved beyond pilot testing to actual adoption. Congress have released rules to help regulate IoT data security. New IoT Security Bill Exposes Rising Concerns Over Data Protection and Safety.

Regulation 189

Regulation Security Data Industry 189

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. Read more about Hostelz.com and its move to a payment-free platform in the Playbook’s case study.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

JANUARY 18, 2021

First, on consumer sentiment, the Tracker says, “A recent study found that 60 percent of online customers expected fraud and scams to become more problematic during the holiday shopping season.”. What we always look for is … trends and patterns. If something happened once, no one usually has that on their radar.

Fraud 144

Fraud Security Study Retail 144

PYMNTS

AUGUST 7, 2020

However, COVID-19 has been an accelerator in this space, with suppliers now shifting their operations to get paid faster, including the acceptance of credit cards for B2B payments.”. Configurable And Secure For Remote Treasury. AP automation is stepping into the void this has created with configurable, secure systems.

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Case Study Study Survey Cards 182

Cisco

FEBRUARY 8, 2021

The emphasis on midsize businesses is an important one, as business goals and operational structures differ from those at small businesses and enterprises. You can find the full study here – but below are three takeaways for midsize financial services companies. Legacy hardware poses security threats and can slow operations.

Study 129

Study Security Operations Meeting 129

PYMNTS

DECEMBER 31, 2020

“Almost overnight, many [banks] had to stand up systems and set up processes that would allow them to service small business PPP loans, their digital solutions were pushed to the brink and they had to learn how to operate almost 100 percent remote,” Douglas Brown, senior vice president and general manager NCR Corporation, told PYMNTS.

ATM 307

ATM Massachusetts Study Operations 307

PYMNTS

APRIL 21, 2020

Considering that, “AP operations were the area in which 90 percent of companies saw [fraud] issues the most,” the latest Next-Gen AP Automation Tracker notes. Next-Level Payments Security. Foiling AP fraud may be tricky, but automation systems can bring payments security to the next level.”.

Fraud 159

Fraud Security United States System 159

PYMNTS

APRIL 27, 2020

One study recently determined that the number of digital banking users is expected to exceed 3.6 billion by 2024, and a separate study suggested that many customers were willing to use FinTechs as well as their primary banks to receive the level of technological support they desired. The Cloud and its Role in Banking Transformations.

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

JULY 5, 2020

The country’s eCommerce market is projected to expand from $21 billion in 2019 to $82 billion by 2025, according to a recent study by Google, Temasek and Bain & Co., s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. Its growth potential contrasts the sales slump in the U.S.

Google 264

Google Regional Retail Groups 264

PYMNTS

SEPTEMBER 24, 2020

Staying abreast of these various compliance shifts can be costly and challenging for banks, but doing so is necessary to ensure that financial institutions’ (FIs) operations can run smoothly and ward off cyberattacks. Failing to secure such information could open up FIs to fraud. Compliance, Cybercrime And The Cloud . EU and U.K.

Compliance 151

Compliance Fraud Regulation Security 151

Abrigo

JANUARY 24, 2024

A second fraud management and prevention consideration for credit unions is that FedNow will operate around the clock every day of the year. For example, an ATM scheme that operated through July 2023 targeted credit unions in six states, stealing nearly $6 million. According to news reports, one credit union alone had more than $1.7

Fraud 221

Fraud Payments Software Policies 221

PYMNTS

JANUARY 13, 2021

Considering the circumstances, it’s impressive that so many of them maintain an optimistic attitude in the New Year, which is exactly the story told in Visa ’s new Back to Business Study — 2021 Outlook. A separate study from PYMNTS also syncs with Visa’s finding that SMBs retain an optimistic attitude toward the future.

Tools 215

Tools Data Meeting Maine 215

PYMNTS

SEPTEMBER 22, 2020

One recent study estimated that roughly 44 million Americans would tap food delivery apps by the end of this year, up from 38 million in 2019, and another survey predicted that the number of smartphone delivery app users will climb 25.2 One recent study reported that chargebacks rose 179 percent in the past two years. percent to 45.6

Fraud 255

Fraud Mobile Tools Study 255

South State Correspondent

MARCH 30, 2023

Increasing Deposit Balances and Profit Consider this case study – customer acquisition costs for a company that provides security guards and patrol services are about $8,000. The average security company has about $80,000 in deposit balances, while the average trade association has about $501,000 in balances.

Industry 195

Industry Resources Community Case Study 195

PYMNTS

OCTOBER 9, 2020

This includes upgrading digital security measures, but the resurgence of brick-and-mortar commerce has required upgraded technologies to accept contactless payments and mobile wallets. Why Automated Tools Can Add Security To Online, CNP Transactions. Deep Dive: Why eCommerce Merchants Need To Revisit Their Debit Security Measures.

Fraud 188

Fraud Retail Report Online 188