PYMNTS

APRIL 29, 2020

The COVID-19 pandemic has prompted traditional banks to take fresh looks at their digital initiatives and has given digital-only banks the opportunity to learn about the advantages and hurdles of serving customers primarily through online and mobile channels. Building Trust Between Banks and Consumers Online.

Digital Banking 263

Digital Banking Cards Trends Online 263

PYMNTS

JUNE 23, 2020

In the great digital leap, roughly $158 billion in brick-and-mortar sales are moving online, according to PYMNTS’ analysis. And with the continued shift from in-person commerce to card-not-present sales, trust is important. Consumers need to know that personal and payments-related data are secure.

Cards 275

Cards Security Fraud Payments 275

PYMNTS

JANUARY 8, 2020

A New York man, 39-year-old Bogdan Rusu, was sentenced to 60 months in prison on charges of using credit card skimming tactics to steal $390,141 from various New Jersey banks, according to a Department of Justice (DOJ) report. From there, they used the information to steal customers’ money from their accounts.

San Diego 130

San Diego Cards New Jersey Massachusetts 130

Bank Innovation

JUNE 23, 2016

Launched in 2014, Ant Financial Read More. Lucy Peng, CEO, Ant Financial Ant’s latest fundraising round – the largest ever anywhere – of $4.5 billion, and its overall valuation of more than $60 billion, have turned the Alibaba spinoff into one of the most valuable private tech companies in the world.

Innovation 284

Innovation Company social media Operations 284

Bank Innovation

JULY 6, 2016

Back in 2014, Stripe confirmed that it was working with Facebook on a “Buy” button for the social media giant. From Recode: Facebook first began testing a “Buy” button within the News Feed in July [2014], and payments startup Stripe has been tasked Read More. Whatever happened to the “Buy with Facebook” button?

social media 240

social media Payments Google Online 240

PYMNTS

MAY 11, 2020

Though the issue has captured a lot of attention lately as the demand for online grocery order for pick-up or delivery has become a critical priority for many consumers, giving food stamp ( SNAP program) recipients the ability to use their EBT cards online to pay for groceries is far from a new effort.

Cards 181

Cards Online Mobile Payments 181

PYMNTS

DECEMBER 21, 2020

Bolt was founded in 2014 in San Francisco and works on tools to streamline web transactions. Kount 's Gary Sevounts told PYMNTS recently that more advanced ways are needed to look at accounts, assessing whether even verified accounts are trustworthy through looking at email addresses, card numbers and more.

San Francisco 245

San Francisco Innovation Fraud Capital 245

PYMNTS

APRIL 24, 2017

A Russian hacker was sentenced to 27 years in federal prison for stealing credit card numbers and selling the data online, according to The New York Times. Seleznev was convicted for running a credit card and identity theft business out of his homes in Indonesia and Russia. “This prosecution is unprecedented.”

Cards 118

Cards US Seattle United States 118

PYMNTS

MAY 13, 2020

The 28 additions add significantly to the 150 token requestor partners that had been included in Visa Token Service through the years since the service launched in 2014. The bad actors are eyeing eCommerce and specifically card not present transactions as promising attack vectors. The Click To Pay Transition.

Security 250

Security Cards Payments Data 250

Bank Innovation

MAY 1, 2016

Robinhood: On Target Launched in December 2014, Robinhood is a zero-fee stock trading app that quickly gained popularity among financially ambitious millennials. Robinhood was paid the enormous compliment of having “cracked the millennial code” by none other than Jay Sidhu, CEO of Customers Bank and founder of BankMobile.

Millennials 240

Millennials social media Operations Cards 240

PYMNTS

MARCH 31, 2016

This week, PYMNTS, in collaboration with Socure , released the March edition of the PYMNTS.com Digital Identity Tracker TM , featuring all new research surrounding the increase in online fraud fueled by the increase in EMV card chip tech adoption. There is a 15% year-over-year increase of money spent online.

Fraud 100

Fraud Online Resources Survey 100

PYMNTS

SEPTEMBER 13, 2017

While virtual cards (v-cards) can offer a secure and efficient way for businesses to pay travel suppliers, some industry players have highlighted a key pain point for the payment rail: For suppliers accepting v-cards , they still have to manually enter payment data. New reports on Tuesday (Sept.

Cards 100

Cards Taxes Mobile Payments 100

PYMNTS

JUNE 10, 2020

In investments, retail dispute management firm Chargeback closed a funding round to speed up growth and to help retailers reduce credit card disputes. Data: 2014: The year Lumen was founded. 42%: Share of consumers who are engaging in even the most routine activities online. All this, Today in Data.

Retail 150

Retail Technology Innovation Data 150

PYMNTS

AUGUST 31, 2018

That arguably describes the recent acquisition of Seattle-based Blueprint Registry , an online universal gift registry, by David’s Bridal , the privately held wedding retail chain that traces its roots back to the first years after World War II. Online Advantages. When in doubt, bet on digital. The Amazon pitch?

Online 100

Online Retail Seattle Industry 100

PYMNTS

OCTOBER 13, 2016

While making a purchase online may feel like a granted convenience to most modern-day consumers, finding the right method of payment isn’t always as simple as it may seem, especially outside of the U.S. In fact, in certain parts of the world, the online ordering process isn’t always quite so predictable or smooth.

Cards 100

Cards Regional San Francisco Online 100

Abrigo

JANUARY 22, 2015

Over the first half of 2014, these banks, with an approval rate of just under 60 percent, beat out large national banks (31 percent), large regional banks (45 percent) and online lenders (38 percent). In fact, its 2014 Survey of Credit Underwriting Practices noted that 2014 marked a third consecutive year of eased standards.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

JANUARY 14, 2020

14) that participants in its Visa Token Service have processed eCommerce volumes of $1 trillion since the service’s debut in 2014, and that its transition of Visa Checkout merchants to click-to-pay will begin on Jan. We want those things to be just as secure,” she said, as remote commerce moves beyond the online/in-app realm.

New York 170

New York Security Cards Retail 170

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Stripe really did come about because we were really appalled by how hard it was to charge for things online.” — John Collison.

Online 98

Online Company Retail Payments 98

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

Cards 109

Cards Fraud Regional Training 109

PYMNTS

AUGUST 12, 2016

In 2014 alone, about $4 trillion in merchandise was simply abandoned and never purchased in online shopping carts by consumers. Breaking that number down even further, the online shopping cart abandonment rate is 61 percent on desktop, 71 percent on tablets and 81 percent on mobile. What’s going on here? cart abandonments.”.

Online 100

Online Apple Mobile Retail 100

PYMNTS

FEBRUARY 13, 2020

The platform will have the ability to manage transactions across multiple payment types — online, mobile, point-of-sale, digital wallets, debit and credit cards, and real-time payments — and countries. “As The new company will be headquartered in Singapore, with plans to expand globally, and will offer a digital payment platform.

Payments 197

Payments Fintech Tools Management 197

PYMNTS

DECEMBER 5, 2018

That’s what led him to Goodworld, an online platform that removes the friction from digital donations, making them possible (and secure) by using hashtags. In fact, the company, which launched in 2014 and is based in Washington, D.C., Such a process can lead to online amplification for the charitable cause. Portable Hashtag.

social media 187

social media Online Maine Payments 187

PYMNTS

SEPTEMBER 3, 2019

The most transformative innovations in payments and commerce over the last decade are mostly the result of innovators making what was once visible, invisible: payments, stores, merchants, brands, issuers, even card networks. But in 2014, Starbucks piloted something that would change the in-store payments experience altogether.

Innovation 223

Innovation Payments Branding Cards 223

PYMNTS

JUNE 17, 2019

Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant it couldn’t process cards or other forms of payment. In 2014, the company dealt with something similar with its payment processing systems. The Saturday outage was called an “internal technology issue” that didn’t let customers in the U.S.

Payments 174

Payments Security Retail Data 174

PYMNTS

DECEMBER 1, 2020

It’s not that the Japanese don’t have credit cards. The opportunity is ripe to introduce innovative payment solutions that combine access to credit without the stigma attached to cards. After launching its first “buy-now-pay-later” product in 2014, the Japanese FinTech has followed up with Paidy 3-Pay. Enter Paidy.

Cards 168

Cards Online Payments Tools 168

PYMNTS

MAY 28, 2020

As of this week, customers with SNAP in the states of Colorado, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New Mexico, Vermont, Virginia, West Virginia, and Wisconsin can now use their cards to buy groceries from the website’s services and have them delivered to the customers’ doors.

DC 133

DC West Virginia Virginia Vermont 133

Bank Innovation

APRIL 18, 2018

Launched back in 2014, […]. EXCLUSIVE - With over 100,000 signups to date, Ollie Purdue, CEO of digital current accounts Loot will turn his focus on generating revenues this year. “We We spent last year and most of 2016 scaling and on the workings of the product,” Purdue told Bank Innovation. This year, we look at revenues.”

Fintech 170

Fintech Innovation social media Online 170

PYMNTS

MARCH 2, 2020

The consumer banking shift from physical branches to online services has been quickly accelerating, with customers anticipating and asking for even quicker financial services. The Vault platform offers checking accounts, savings accounts, loans, credit cards and mortgages.

blockchain 141

blockchain Groups America Google 141

PYMNTS

SEPTEMBER 17, 2018

Launched in 2014, myPOS aims to make it easier and more affordable for merchants to access the payment methods their customers most want to use. In addition, we got access to free online banking and lots of additional services.”

Cards 128

Cards Payments Online Regulation 128

PYMNTS

JANUARY 25, 2021

Other functions include a connected online shopping capability that comprises popular retailers for facilities management, according to the announcement. ClassWallet, which was started in 2014, offers an expense management platform for maintenance workers, parents and educators who make everyday purchases but usually don’t get purchase cards.

Tools 154

Tools Miami Management Resources 154

PYMNTS

DECEMBER 31, 2018

Retailer Hudson’s Bay got story started in early April with the disclosure that Saks Fifth Avenue and Lord & Taylor stores in North America had their payment cards compromised. The breach was believed to have seen 5 million cards compromised. However, further investigation found that unauthorized access had been ongoing since 2014.

Data 230

Data Security Tools Cards 230

PYMNTS

OCTOBER 15, 2018

Bureau of Labor Statistics data from 2014 to 2017. percent share in 2014 to the 6.4 Most of the time when people talk about the “Amazon Effect,” they talk in terms of the impact on traditional retail economics driven by the shift from offline to online sales and the impact of making free shipping table stakes. Amazon’s 2.1

Retail 198

Retail Online Analysis Data 198

PYMNTS

APRIL 18, 2019

The PSD2 -related regulation counts itself among a raft of those set to become law across the continent, focusing on boosting online commerce security by requiring cardholders to provide two forms of identification to verify their identities when transacting. Those under €30 ($33.93

Fraud 148

Fraud Regulation Compliance Online 148

PYMNTS

DECEMBER 19, 2019

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by double-digit percentages. Goodenough said that since 2014, more than 30 million “very active” consumers have brought their buying power online.

Payments 132

Payments Cards Online Data 132

PYMNTS

FEBRUARY 20, 2017

prosecutors sentenced a Ukrainian man who was charged with running two hacking forums online to 41 months in prison. He also stole debit and credit card numbers. 2015 after being arrested in June 2014. Vovnenko was extradited to the U.S.

New Jersey 109

New Jersey Fraud Cards Online 109

PYMNTS

FEBRUARY 2, 2017

According to the research, during 2016 there was a resurgence in existing card fraud, which saw an increase of 40 percent in card-not-present fraud. What’s more, the increase in EMV cards and terminals was a driver of shifting to fraud by opening new accounts. Among the other findings of the report, in 2016, 6.15

Fraud 100

Fraud Strategy Cards Security 100

PYMNTS

AUGUST 9, 2017

Some question whether the card-payment network operator will be able to overcome the struggle to “remain relevant” in a market that is quickly changing — and where consumers may soon be leaving card-based payments behind entirely. UnionPay is facing an increasingly competitive and complicated world these days. The JD.Com Pair-Up.

Payments 116

Payments Apple Cards Mobile 116