PYMNTS

OCTOBER 15, 2018

Recent reports indicate an uptick in fraudsters targeting large FIs, and headlines surrounding security breaches and cyberattacks fill the news on a near-daily basis. Visa and Mastercard designed the 3DS protocols and provide them under the names Verified by Visa and Mastercard Secure Code.

Fraud 165

Fraud Security Mobile User Experience 165

PYMNTS

APRIL 22, 2020

Banks are jostling for space in the market because an expanding number of FinTechs and large-scale technology companies are competing for the same set of consumers. Banks must enable fast and seamless onboarding experiences, but these processes should also be secure.

Security 133

Security Data Fraud Tools 133

PYMNTS

JUNE 10, 2020

According to the report, 82 percent of those between the ages of 18 and 24 bank exclusively through mobile channels, for example. One survey found that 56 percent of FI respondents offered digital account opening, while the rest did not or reported being in the process of enabling such services. Tapping Mobile KYC .

Mobile 130

Mobile Security Examples Study 130

PYMNTS

JULY 22, 2020

The government’s experience in disbursing stimulus funds via paper check and direct deposit offered a chance for those in the digital disbursements technology arena to learn from the government’s successes and mistakes, according to Lisa McFarland , executive vice president and chief product officer at Ingo Money.

User Experience 141

User Experience Security Technology Data 141

PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Although some customers ( millennials : cough, cough) may value convenience above all else, that youthful sense of fiscal invincibility does not extend to their elders, who place a higher premium on transaction security.

UX 116

UX Security User Experience Millennials 116

PYMNTS

MARCH 3, 2020

Clients of the bank will now have the ability to make secure, real-time payments with clear tracking of transactions from beginning to end, according to an announcement. The technology allows the bank to tap into Ripple ’s cross-border network and improve its user experience. PNC was reportedly the first U.S.

Payments 250

Payments blockchain User Experience National 250

PYMNTS

JANUARY 14, 2021

Through the initiatives in the policy, the goal is to foster the advancement of digital technologies and create new financial services and products. Open banking , which is used across numerous countries, facilitates the connections and permissions between users’ banking data and third-party financial platforms.

Innovation 225

Innovation Policies User Experience Security 225

PYMNTS

NOVEMBER 25, 2019

25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. A recent data breach exposed the personal data of over 1 million prepaid T-Mobile customers per reports on Friday (Nov. But the cyber thief got users’ names, phone numbers, billing addresses, account numbers and plan information.

Security 130

Security Payments Google UX 130

CB Insights

MAY 5, 2022

Clients can download the full Fraud Prevention & Compliance for Payments Leaders report at the top left sidebar. The post Why payments leaders are prioritizing data privacy & security appeared first on CB Insights Research. Want the full expert post? Become a CB Insights customer.

Security 36

Security Data Payments User Experience 36

PYMNTS

SEPTEMBER 23, 2019

Banks today recognize that they must embrace innovation to survive in a world being rapidly transformed by digital technology. These digital products must run reliably, securely and fast — and this requires a solid technological foundation. Our research shows that 62.8

Innovation 118

Innovation Report System Resources 118

CB Insights

APRIL 13, 2022

Clients can download the full Fraud Prevention & Compliance for Payments Leaders report at the top left sidebar. The post Why payments leaders are prioritizing secure payment platforms appeared first on CB Insights Research. Want the full expert post? Become a CB Insights customer. If you’re already a customer, log in here.

Security 36

Security Payments User Experience Fraud 36

PYMNTS

OCTOBER 26, 2016

It’s been a busy 12 months since the last Money20/20, as new technologies and threats have disrupted the security space time and time again. McDowell said that he expects these and other new technologies to soon replace more traditional methods of authentication and verification, such as passwords. It’s EMV all over again.

Security 100

Security Mobile Las Vegas User Experience 100

PYMNTS

DECEMBER 14, 2020

That service is offered through Stone Ridge Securities, Stone Ridge's registered broker dealer. PYMNTS reported that GoBankingRates offered a six-question quiz to test the basic knowledge of financial literacy and found that just 49 out of 2,001 respondents answered at least five out of six questions correctly.

Massachusetts 229

Massachusetts Fintech Survey User Experience 229

PYMNTS

JANUARY 11, 2021

India-based Goldiam International has completed the soft launch of its B2B website after the acquisition of Eco-Friendly Diamonds , a successful CVD diamond growing company, a report from Business-Standard says. On Friday, Goldiam's stocks were trading in the green, an India Infoline report said. retail jewelry industry.

Retail 197

Retail US User Experience Innovation 197

PYMNTS

OCTOBER 4, 2020

A 14-page report Facebook lawyers prepared in advance of a potential antitrust lawsuit from the government found such action would hurt users, be contrary to established law and cost billions of dollars, WSJ reported after seeing the document. Other technology giants including Google , Amazon and Apple are also facing probes.

social media 291

social media Austin Chicago User Experience 291

PYMNTS

OCTOBER 29, 2020

The solution, which secured about 20,000 SMBs to pilot the technology in the last year, provides deposit account and payment solutions that aim to compete with traditional banks that, as CEO and Co-founder Eyal Lifshitz described, "nickel-and-dime" businesses. First Horizon Bank Adopts NCR Technology.

US 203

US Fintech Tennessee Compliance 203

PYMNTS

JULY 1, 2020

Is it surprising to know that 55 percent of legacy financial institutions (FIs) report lacking maturity in core systems? 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 29, 2020

A Toolbox report said Citi has already signed data access agreements to several startups and data aggregators that, through approval of joint customers, can access data of Citi accounts. Citi Builds Open Banking Marketplace. In a statement, Citi U.S. WEX Talks Bank Partnerships To Advance B2B Payments.

Fintech 308

Fintech Data User Experience Innovation 308

PYMNTS

SEPTEMBER 29, 2020

In May, Tata Capital, a division of Tata Group, introduced a mobile app that promised a better user experience for getting loans. It allows users to apply and track application requests, raise draw-down requests and track transactions and repayment schedules. On Monday (Sept. Sources told the news service that Tata Sons Pvt.,

Groups 199

Groups User Experience Capital Retail 199

PYMNTS

MAY 21, 2020

The company said in an announcement that business lending end users are able to have an enhanced customer experience throughout the entire time of securing as well as drawing down on a loan. Ripple had joined forces with Finastra to let banking customers use blockchain payments network RippleNet per a report in October.

Customer Experience 130

Customer Experience Lending User Experience Innovation 130

PYMNTS

NOVEMBER 19, 2020

PYMNTS and PayPal surveyed approximately 2,400 consumers in September, finding that a majority (57 percent) reported that merchants’ digital payment offerings impacted their willingness to shop in certain stores. NFC Forum reported last month that – as found across roughly 2,000 consumers in the U.S., Safety First . That’s up from 4.9

Google 254

Google Mobile Apple Survey 254

PYMNTS

MARCH 14, 2017

A new report by Global Market Insights reveals that the market size for mobile POS terminals will gain significant growth in the coming years, with a compound annual growth rate (CAGR) of more than 19 percent from 2016 to 2023. According to a press release , the POS Terminal Industry is expected to be valued at $103.52

Retail 164

Retail Mobile Marketing Samsung 164

Abrigo

MARCH 15, 2022

It doesn’t grab the attention the way concepts like open banking or cryptocurrency do,” wrote CCG Catalyst Director of Research Kate Drew in a report. trillion in 2018 because of abandoned applications during onboarding, according to a 2019 report. In late February, for example, SoFi Technologies Inc. Defend Relationships.

Online 195

Online Lending Survey Digital Banking 195

PYMNTS

OCTOBER 30, 2019

The company reportedly aims to ship over 200 million handsets next year after putting forward more than four new iPhone models with the possible inclusion of 4G models, 5G models and a successor to the budget iPhone SE device, Bloomberg reported, citing an unnamed source. . expects iPhone sales to return to growth next year. inch screen.

Apple 101

Apple Samsung User Experience Security 101

PYMNTS

DECEMBER 12, 2018

As that mobile technology get closer to mainstream introduction, the potential 5G ecosystem for FinTech and mobile banking is gaining clarity. Banks and credit unions are still wrestling with the best ways to deploy mobile technology, and do so in ways that balance security, and safe authentication, and consumer convenience.

Fintech 211

Fintech Mobile Analysis Technology 211

PYMNTS

JULY 30, 2019

The Emerging Payments Association said in a report released Tuesday (July 30) that merchants in the U.K. This research has found a distinct lack of market readiness amongst all key stakeholders,” the EPA said in the report. As has been widely reported, the rules will come into place on Sept. spanning 13 issuers.

Survey 172

Survey User Experience Report Security 172

PYMNTS

SEPTEMBER 25, 2018

The solution automates data collection and analysis, and, according to CEO David Nolan, while customers are already using Fusion technology for third party risk management, the updates “extend their reach and provide significant process and efficiency advantages.”.

Risk Management 182

Risk Management Software Management User Experience 182

Independent Banker

NOVEMBER 30, 2022

Super apps, or apps that aggregate online or mobile user experiences into one central location, have taken off globally. billion users. According to a recent PYMNTS report, 72% of consumers have indicated their interest in a super app offering. What are they, and how can community banks stay on top of this trend?

Community Bank 91

Community Bank Community Maryland Data 91

PYMNTS

JANUARY 23, 2017

According to MacRumors , a newly released reported from noted KGI Securities Analyst Ming-Chi Kuo outlined that the upcoming device may have new biometric identification technology and a design that better supports a flexible OLED display.

Apple 100

Apple User Experience System Security 100

PYMNTS

SEPTEMBER 19, 2019

Digital payments volume is increasing as emerging technologies enable more seamless online transaction experiences for consumers and businesses. Merchants and FIs have been turning to such solutions to help customers quickly and securely transact. Getting AI Security Right . The latter successfully made off with $4.2

Fraud 128

Fraud Security System Data 128

PYMNTS

DECEMBER 10, 2020

Financial laws governing such transactions date back to 1970 when the Bank Secrecy Act (BSA) was enacted , requiring financial institutions (FIs) to report transactions of $10,000 or more. Video-based KYC is an effective digital technology used increasingly to confirm customers? identities while also speeding and simplifying sign-up.

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

FEBRUARY 15, 2017

First rolled out last year, the mobile banking app’s voice technology was limited in its capabilities — able to bring up a list of past transactions, for example. The latest upgrade takes inspiration from other voice-enabled technologies and allows consumers to execute a greater variety of more complex actions via voice.

User Experience 101

User Experience Security Mobile Technology 101

PYMNTS

AUGUST 10, 2017

It’s been a little over a year since our Digital Banking Tracker heralded the “ Dawn of Banking Voice Technology.” Now it’s more like the high noon of banking voice technology, with most major banks hosting their own incarnation — all with slightly different capabilities and adoption rates. Santander U.K. Santander U.K.

Security 156

Security Technology Fraud User Experience 156

PYMNTS

JANUARY 6, 2017

Blockstack, a New York company that develops platforms for secure, server-less apps using blockchain technology, raised $5.3 According to a report , the funding was provided by Union Square Ventures. The idea is for users to store all their data, photos, messages, posts and appointments in their own cloud websites.

blockchain 105

blockchain Data Google Apple 105

PYMNTS

JANUARY 11, 2021

PYMNTS' latest Real-Time Payments Report done in collaboration with The Clearing House looks at the matter through numerous use cases, none more informative than that of New Jersey-based community bank Cross River , with its enthusiastic embrace of real-time payments (RTP). to give them the most control over the user experience as possible.”.

Community 169

Community New Jersey Community Bank User Experience 169

PYMNTS

FEBRUARY 20, 2017

Last month, a report from noted KGI Securities Analyst Ming-Chi Kuo outlined that the upcoming device may have new biometric identification technology and a design that better supports a flexible OLED display.

Apple 110

Apple User Experience Security System 110

PYMNTS

NOVEMBER 26, 2019

Just ask Sergiy Barybin, CEO of Lithuanian cross-border payments technology company SatchelPay. Barybin recently took up the position to head the cross-border payments technology company after the Bank of Lithuania halted SatchelPay operations earlier this year. Resuming Operations. An Opportunity for Collaboration.

Compliance 182

Compliance Regulation Fintech Resources 182