PYMNTS

JUNE 10, 2020

This has increased the need for FIs to develop convenient mobile onboarding experiences, but those that lack confidence in their ability to secure such channels appear to be reluctant to offer them. A 2018 study found that more than 50 percent of U.K. These users had to restart the process from the beginning if they switched channels.

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Mobile Security Examples Study 130

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

Payments Case Study Meeting Trends 159

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.

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Fraud Trends Security social media 229

PYMNTS

MARCH 22, 2019

The adoption of IoT technology to support business use cases is particularly impressive. 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. Developments from Around the IoT World.

Regulation 189

Regulation Security Data Industry 189

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

JULY 5, 2020

the Chinese multinational technology company specializing in eCommerce, retail, Internet, and technology, led a $1.1 the multinational internet technology company headquartered in Beijing. s Google and Temasek would be major scores for one of Southeast Asia’s biggest eCommerce operators. and Europe. Bloomberg reported.

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Google Regional Retail Groups 264

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

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. Advanced analytics technologies could help FIs tackle such issues, however, by making it easier for FIs to detect potential red flags.

Fraud 231

Fraud Security Payments United States 231

PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. cardholders more than $14 billion annually, or $213 each, according to one study.

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Security Fraud blockchain Cards 130

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

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.

Digital Banking 248

Digital Banking Tools social media Mobile 248

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. Still, it is prompting a reexamination of how FIs are using the technology to store data. EU and U.K.

Compliance 151

Compliance Fraud Regulation Security 151

PYMNTS

JULY 1, 2020

Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? AI is poised to make a profound impact on the banking sector,” Ariff Kassam , chief technology officer at NuoDB, told PYMNTS. It’s true, but not for long.

System 268

System Digital Banking Tools User Experience 268

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. The Atlanta-based retailer responded by implementing technology using machine learning to foresee where criminals would go next. “We stores, said. “We

Atlanta 201

Atlanta Retail Study New York 201

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. To better understand midsize IT needs and strategies, IDG and Cisco conducted global research on midsize companies and their changing approaches to technology.

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Study Security Operations Meeting 129

PYMNTS

FEBRUARY 6, 2020

technology by “any means necessary” and that there are about 1,000 related investigations currently ongoing in the country, through its 56 regional offices, according to a report by Reuters. . based technology in all 56 of our field offices and spanning just about every industry sector,” Wray said. William Evanina, a senior U.S.

United States 151

United States US National Fraud 151

PYMNTS

NOVEMBER 29, 2018

Investment in Intelligence of Things (IoT) is expected to surge in the coming years, with companies projected to increase spending on the design, creation and operation of IoT solutions from $186.1 Recently, the National Institute of Standards and Technology drafted a report advising federal agencies on IoT security.

Trends 173

Trends Security Study California 173

PYMNTS

APRIL 21, 2020

In the April The Next-Gen AP Automation Tracker ®, a PYMNTS and Bottomline Technologies collaboration, we discover how accounts payable (AP) developments like invoice automation and spend tracking save and earn money, while AP automation hardens systems against COVID-era fraud. Next-Level Payments Security.

Fraud 159

Fraud Security United States System 159

PYMNTS

DECEMBER 2, 2020

That technology lets drivers have a smooth digital payment experience from mobile preorder to pay at the pump to contextual marketing and beyond, keeping touchpoints to a minimum at each stop. A win-win for fuel operators and consumers alike.”.

Payments 205

Payments Risk Management Fraud Mobile 205

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

JANUARY 18, 2021

PYMNTS January 2021 Digital Fraud Tracker® done in collaboration with Simility , looks at the matter through the lens of technologies proving out at fraud intervention. New threats are evolving all the time,” KP Brendel, director of marketplace operations at online thrift and consignment storefront Swap.com, told PYMNTS.

Fraud 144

Fraud Security Study Retail 144

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

AUGUST 15, 2019

That the average experience in a quick-service restaurant (QSR) has been greatly enhanced by the addition of mobile technology is almost inarguable. It is that these attacks are coming in at a speed and in forms that are alien to these operators. And it’s not just more attacks — though that is undoubtedly part of the problem, he noted.

Technology 116

Technology Fraud Mobile Cards 116

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. Talk to technology partners. million stolen.

Fraud 221

Fraud Payments Software Policies 221

PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

FEBRUARY 26, 2020

It comes a day after the Telecom Infra Project (TIP) adopted technologies from Plume and other companies to develop an open-source software platform that will allow Internet of Things (IoT) devices from third parties to co-exist. As TIP explains it, most residential Wi-Fi networks operate independently.

Software 140

Software Study Technology Analytics 140

PYMNTS

SEPTEMBER 18, 2020

Often written off as a technological solution in desperate search of an actual problem, the QR code fell by the wayside development-wise. consumers could have learned to pay with QR codes, but the technology hit two major roadblocks. Second, U.S. consumer interest in adopting mobile payments had been pretty consistently low.

Apple 292

Apple Jacksonville Study Mobile 292

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. According to Visa’s data, 82 percent embraced new forms of digital technology to meet their consumers’ emerging need sets.

Tools 215

Tools Data Meeting Maine 215

PYMNTS

JANUARY 28, 2020

A recent study found that CUs beat banks in eight financial well-being attributes, such as helping consumers reach financial goals, understanding financial well-being and putting consumers’ financial well-being ahead of banks’ interests. New technologies are being developed to continue this market growth. Total CU assets increased 7.4

Innovation 155

Innovation St. Louis Fraud United States 155

PYMNTS

DECEMBER 22, 2020

The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. Many firms are eying new technologies that could accelerate their global B2B transactions amid these shifts.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

NOVEMBER 1, 2018

But there seems to be a hurdle, and it has to do with Apple — a story that shows how the pending political and economic move is having an impact on the technology that helps power payments and commerce. Take blockchain, one of those rising technologies that is promoted as almost a cure-call for every business and use case that comes along.

Apple 189

Apple blockchain Study Policies 189

PYMNTS

JUNE 9, 2017

With eCommerce transactions moving at the speed of light, the ability to have transparency between parties is likely crucial to preventing security breaches. The study, one of many on the blockchain topic, also showed that the technology could potentially assist businesses and governments manage the incoming influx of IoT data.

blockchain 171

blockchain Study Technology Data 171

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

PYMNTS

JUNE 10, 2019

Smart glasses company Vuzix has developed eyewear with artificial intelligence (AI)-powered technology that can recognize faces in a crowd, according to a report by TechCrunch. The company said the peripheral is especially helpful for “law enforcement and security guards on patrol,” and that it can locate 15 faces per frame in under a second.

San Francisco 134

San Francisco Oregon Florida Security 134

PYMNTS

MARCH 3, 2020

A recent study found that 75 percent of this generation’s members visit financial institutions (FIs) at least once per month. Banks looking to make the most out of these rare visits must use the latest technologies. Every customer interaction provides FIs with valuable information about their banking habits and financial lifestyles.

ATM 151

ATM Fraud Study Regional 151

PYMNTS

MAY 26, 2017

From relying on physically walking into a bank to withdraw cash to snapping a photo of a check for deposits, technology has played a great part in the way financial transactions have evolved within the last thirty years. With the various advances in technology, many issues have come to light from the use of blockchain.

blockchain 117

blockchain Bitcoin cryptocurrency System 117

PYMNTS

DECEMBER 11, 2020

Invisible” is the operative word here, as the tsunami of remote onboarding triggered by COVID lockdowns has given fraudsters yet more cover to add to their anonymity. Speedy, secure onboarding is vital at a time when consumers have to use digital banking to prevent health risks,” per the Tracker. But that’s about to end.

Video 204

Video Security National Digital Banking 204