PYMNTS

JANUARY 29, 2018

The 2018 predictions seem more like a laundry list of trends and tactics that’ve emerged over the last several years than a discussion of the profound impact these trends have had on the consumer and business payments experience. Tomorrow, we’ll publish our latest online Checkout Conversion Index (CCI), a study we do every quarter.

Mobile 168

Mobile Online Security Payments 168

PYMNTS

JANUARY 19, 2020

Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. billion in technology startup funding last year, a new record for the market, and almost $4 billion higher than it saw in 2018.

Online 172

Online Fintech Strategy Branding 172

Abrigo

MARCH 15, 2022

Offering Digital Consumer and Commercial Accounts Benefits Financial Institutions Banks and credit unions that enable online/digital account opening win new customers and members and retain existing ones. . Takeaway 1 Many financial institutions are adding or improving online or digital account opening capabilities. .

Online 195

Online Lending Survey Digital Banking 195

PYMNTS

JANUARY 30, 2020

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Debit network PULSE recently sought to boost its security by adopting a FICO fraud detection platform that can help it quickly detect and respond to suspicious activities.

Security 182

Security Fraud ATM Cards 182

PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. Such sites are expecting major growth in the U.S.,

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

DECEMBER 17, 2020

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Other fraudsters are deploying phishing schemes to net their ill-gotten gains, either using the stolen data themselves or selling it online.

Fraud 255

Fraud Online Retail Examples 255

PYMNTS

JANUARY 25, 2019

The General Data Protection Regulation (GDPR), which went into effect May of 2018, has had some serious repercussions on tech companies all over Europe, but especially in the U.K. The latest company to be affected may be food delivery app Deliveroo, according to a report in the Financial Times.

Data 178

Data Security social media Fraud 178

PYMNTS

FEBRUARY 26, 2020

Credit unions (CUs) are performing well as the new decade dawns, with a recent study finding that CUs increased their loan originations by 29 percent from Q4 2018 to Q4 2019. This makes data security of utmost importance to CUs, but even attacks on unrelated third parties can be devastating to CU members. percent in 2016.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

JANUARY 29, 2019

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. First, a review and update about the online sports gambling situation in the U.S. Now, at least eight states have some form of legal online sports betting.

Online 169

Online Las Vegas New Jersey Fraud 169

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. The partnerships are part of a larger plan by Lloyds Bank to enhance its online banking offerings, an initiative that began in 2018.

Digital Banking 262

Digital Banking Security Innovation Google 262

Accenture

JULY 19, 2017

The PSD2 regulatory technical standards for strong customer authentication (SCA) and secure communication (SC) are proving difficult to finalize. However, PSD2 is still slated to become law across the EU in January 2018, and PSPs have to be compliant with it by then.

Security 203

Security Online Compliance Fraud 203

PYMNTS

NOVEMBER 30, 2020

The divide between digital and brick-and-mortar commerce hit a tipping point this holiday season, with more consumers than ever going online to kick off their holiday shopping sprees. Three in four shoppers bought items online and three in 10 shoppers bought items exclusively online. Our research shows that 74.1 It is also 27.1

Data 321

Data Online Cards Google 321

PYMNTS

SEPTEMBER 17, 2020

Securities and Exchange Commission ( SEC ) filed an “emergency action” against former NS8 Inc. which is based in Nevada, purportedly provides online retailers with fraud detection and prevention technology, according to the statement. Its complaint charges Rogas with going against the anti-fraud parts of federal securities regulations.

Nevada 253

Nevada Denver Fraud Security 253

PYMNTS

DECEMBER 18, 2020

Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement. Digital fraud is a longstanding issue for retailers and banks. The pandemic has only made these issues worse.

Report 333

Report Fraud Strategy Retail 333

PYMNTS

JANUARY 4, 2019

Stepping into this world is vital for anyone serious about preparing a proper defense against online fraudsters in 2019. The 2018 holiday season has barely ended and it’s a good bet that retailers and payments players have yet to identify all the fraud that took place. Sure, that’s almost a cliché — know thy enemy. Criminal Rings.

Fraud 190

Fraud Online How To Course 190

PYMNTS

JULY 25, 2019

According to the report, The Evolution of New Account Fraud , produced by Javelin Strategy & Research , NAF tactics have shifted with the growing popularity of online accounts and payments. million consumers in 2018. A new report from GIACT Systems has revealed that $3.4 billion was lost due to New Account Fraud (NAF) last year.

Fraud 148

Fraud Report Mobile Strategy 148

PYMNTS

APRIL 8, 2020

Panera Bread has entered the online grocery business. The company listed its value proposition clearly: secure and clean supply chain, mobile app, contactless delivery, curbside pickup, drive-through and home delivery via Grubhub. For Panera , it provides a revenue stream at a time when restaurant traffic has taken a huge hit.

Online 142

Online Analysis Report Survey 142

PYMNTS

DECEMBER 8, 2020

The surge in automotive online purchasing traffic sparked by the pandemic has led to increased demand for eCommerce. American Honda has worked with Modal, formerly Drive Motors, since late 2018 to create branded online buying tools for Honda and Acura. 8) of a $15 million Series A financing.

Oklahoma 253

Oklahoma Branding Tools Online 253

PYMNTS

MARCH 21, 2019

It might not have been inevitable, perhaps, but it was certainly expected: a regulatory backlash concerning the booming trade (both online and in brick-and-mortar stores) of eCigarettes , with their different flavors attractive to younger consumers — including underaged ones. While the FDA decision shows that the U.S., Authentication Process.

Online 152

Online Retail Regulation Trends 152

PYMNTS

JANUARY 15, 2021

Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. consumers were expected to spend more than $190 billion online this season, up 36 percent from 2019, while in-store commerce was predicted to fall by 4.7

Retail 159

Retail Online Fraud Cards 159

PYMNTS

MAY 8, 2020

Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. Samsung Pay has increasingly grown in popularity, processing more than one billion transactions , almost double compared to 2018. That number was about 25 percent for U.S.

Samsung 230

Samsung Management Cards Regional 230

PYMNTS

AUGUST 14, 2020

Ahead of an intended initial public offering (IPO), Alibaba Group Holding’s Ant Group has conducted a preliminary filing with the securities watchdog of China, Reuters reported. The firm runs online payment service Alipay that was introduced in 2004 and has reportedly grown into the biggest payment and lifestyle platform in the world.

Groups 262

Groups Security Report Regulation 262

PYMNTS

DECEMBER 26, 2018

A good education on this online retail trend — an education backed by original data — comes from Azita Habibi, business development lead at Braintree , a payments services firm owned by PayPal. And that serves, in turn, to open the door wider for tokenization and data accessibility in a way that remains secure. What does that mean?

blockchain 157

blockchain Payments Online Innovation 157

PYMNTS

MARCH 18, 2019

Additionally, according to the company’s latest figures , its users made 433 million transactions valued at $119 billion during 2018 — up from 247 million transactions valued at $75 billion a year earlier. First, we want the payment to be as secure as possible with risk mitigation. Educating Educators On P2P Security.

Security 148

Security Fraud User Experience California 148

PYMNTS

OCTOBER 21, 2020

Securing P2P apps as well as other financial accounts will require banks to upgrade their security protocols and customers to take their security more seriously,” per the Playbook. The ubiquity of these apps belies serious security concerns,” the Playbook states. It’s a major focus of players in the space. There were 1.4

Fraud 140

Fraud Security Mobile Tools 140

PYMNTS

JANUARY 21, 2019

Once the account fills up with V-bucks, it is then sold through a legitimate vendor like eBay, or on the dark web, for lower rates that the $10 for 1,000 gamers will get in the game or through an authorized online store. And an estimated 86 percent of the scams were shared via social media platforms such as Facebook, Instagram and Twitter.

social media 211

social media Cards Security Fraud 211

PYMNTS

NOVEMBER 3, 2020

He was alleged to be an active member of a cybergang that collaborated online to swap trade secrets and tools. In the March Digital Fraud Tracker, PYMNTS explores how artificial intelligence and machine learning could help stem the surge in security breaches. The sentence was handed down by Senior U.S. District Judge T.S.

Virginia 260

Virginia United States Fraud Course 260

PYMNTS

FEBRUARY 14, 2018

We turned to 39 executives in the space with a simple question: What’s next for 2018? If 2017 was the year of disruption , what will 2018 be? Simply stated, 2018 will be the year of the satisfied customer – because the players that fail to satisfy will also fail to have customers. The winners in 2018?

US 199

US Payments Bitcoin Retail 199

Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

JULY 13, 2020

Many customers have grown accustomed to virtual tours and online onboarding processes and may not wish to return to paper-based or manual methods. One study showed that 44 percent of individuals in 2018 began their house-hunting journeys by looking up potential properties online before contacting real estate professionals.

Data 198

Data New York City New York Fraud 198

PYMNTS

SEPTEMBER 30, 2019

A recent study about how people respond to scammers shows that consumers are more likely to become victims on social media and online marketplaces than over the phone, The Wall Street Journal reported on Sunday (Sept. Researchers found that the majority of consumers fell prey to scammers on legitimate websites and social media. .

Study 145

Study social media Online Fraud 145

PYMNTS

FEBRUARY 25, 2020

Chang’s rolled out its mobile ordering app in August 2018, but its rewards program has been in place since July 2015. The chain partnered with online food ordering platform Olo to handle order processing, and recently added curbside pickup to existing features like delivery and carry-out. The Secret Sauce Of Security.

Security 140

Security Mobile Chicago Trends 140

PYMNTS

AUGUST 25, 2019

The Colorado-based online ID management company Ping Identity is going public and is trying to raise up to $100 million in an IPO on the Nasdaq exchange under the ticker “Ping,” reports said on Friday (Aug. The demand for improved security and authentication is growing in part due to the rise in hackers, the article said.

Colorado 158

Colorado Survey Security Data 158

PYMNTS

OCTOBER 15, 2020

Stripe is acquiring Paystack , a company that says it processes more than half of online payments in Nigeria. More than 60,000 businesses in Nigeria and Ghana use Paystack to securely collect online and offline payments, launch new business models, and deepen customer relationships.

Payments 227

Payments Resources Tools Online 227

PYMNTS

JANUARY 17, 2020

Take the issue of retail security as one example. Trust is an essential factor for business interactions of any sort, but this is especially true now that most of these interactions happen online. Retail Trust and AI. Reducing network demands, the technology works even if cloud connection is lost.

Retail 149

Retail Security Fraud Illinois 149

PYMNTS

JULY 5, 2020

In 2018, SoftBank ’s Vision Fund and Alibaba Group Holding Ltd., The timing coincides with retailers hoping to serve the millions of people in the region making their first online purchases as the COVID-19 lockdowns are eased. The Indonesian eCommerce retailer backed by SoftBank Group Corp. ’s Microsoft Corp. and Amazon.com Inc. ,

Google 264

Google Regional Retail Groups 264

PYMNTS

SEPTEMBER 23, 2020

Banks in the EU have been racing to comply with the General Data Protection Regulation ( GDPR ) and the revised Payment Services Directive ( PSD2 ) since both measures were enacted in 2018. He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225