Remove 2006 Remove Management Remove National
article thumbnail

How Facebook Unfriends Ad Fraudsters

PYMNTS

Digital fraud is particularly threatening in Southeast Asia, despite the fact that the Association of Southeast Asian Nations’ (ASEAN) eCommerce market is projected to exceed $200 billion in value by 2025. This is the first year-over-year (YoY) decline in card fraud since AusPayNet first reported this statistic in 2006.

Fraud 158
article thumbnail

OCC cites loosening of underwriting standards as a top supervisory concern

Abrigo

The report, based on data through the end of 2014, discusses risks facing national banks and federal savings associations, and focuses on issues that pose threats to the safety and soundness of those OCC-regulated institutions. On June 30th, the OCC released its Semiannual Risk Perspective for Spring 2015. percent versus a 3.5

Maine 150
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Red Envelopes, Fortnite And The Rise Of Micro Money Laundering

PYMNTS

The country’s holiday tradition of people giving red envelopes stuffed with cash has — as befits a nation where consumers have embraced mobile payments and commerce more than just about anywhere else — turned digital. A demonstration of that truth came around again recently with the observance of the Chinese New Year in early February.

Examples 194
article thumbnail

The Rise Of The Chinese Tourist – And The Power Of Using Payments To Greet Them

PYMNTS

When Los Angeles first began its efforts to market to international tourists in 2006, China wasn’t much of a consideration. With all of the nations that sent tourists to L.A., In 2017, the China National Tourism Administration reported that Chinese tourists made 131 million trips overseas that year, an increase of 7 percent from 2016.

article thumbnail

How eProcurement Puts The Heat On Government Suppliers

PYMNTS

Government procurement is the face of small business support, and the adoption of source-to-pay, spend management and digital invoicing tools can become a catalyst for adoption in the private sector. days available to submit a bid, on average, in 2006, researchers said. That doesn’t mean work as a government supplier is easy, though.

Resources 100
article thumbnail

Is Dollar General Amazon-Proof?

PYMNTS

Though that success was initially buoyed by consumers with a real material incentive to find a bargain when the economy was teetering on the edge of a cliff, the chain has managed to keep customers coming back even as economic conditions have improved. for the first time since 2006 this year. Tobacco sales were on the rise in the U.S.

Retail 100
article thumbnail

Back-To-School: The Most Wonderful Time Of The Year

PYMNTS

But, over the course of 30 seconds, Staples managed to capture the deepest feelings of tens of millions of the nation’s most active and avid consumers: parents. Back in the old days of 2006, the inflation-adjusted cost of supplies for an elementary school student hovered around $375. Monthly Mortgage-Size Expenditures.

Video 102