PYMNTS

DECEMBER 26, 2018

According to one security expert, the answer is, unfortunately, yes. companies should expect to see a rise in breaches in 2019, “as chronically improving malware will be deployed more aggressively on more fronts.” Ackerman also warned that another wave of ransomware is expected to hit in 2019.

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PYMNTS

JANUARY 2, 2019

Below, Pandit sounds off on how increased support for mobile commercial card payments will not only boost convenience for corporate payers, but the added benefits of security that mobile wallets provide (and that corporates demand). We think 2019 will be a crucial year for this sector. ” Enhancing Security.

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PYMNTS

MAY 16, 2019

Death, taxes and data breaches – those are perhaps the only sure things in life, and new evidence is emerging that hackers are finding increasing profit in targeting online retailers. The news comes amid yet another online retail cyberattack, this one targeting Japan’s Fast Retailing, the company that owns the Uniqlo retail chain.

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Retail Online Cards Data 218

PYMNTS

AUGUST 7, 2020

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Recent data shows that thwarted attempts to get one security solution’s users to visit malicious, video game-themed websites rose 54 percent from January to April.

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Online System Fraud Video 222

PYMNTS

FEBRUARY 9, 2020

Ransomware cyber-attacks are up 41 percent over last year, with 205,280 enterprises having lost access to hacked files, according to data from the ransomware security firm Emsisoft. Companies paid an average of $84,116 in the last quarter of 2019 to get their files back from online thieves, according to data from security firm Coveware.

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Data New York Bitcoin Security 189

PYMNTS

JANUARY 1, 2019

But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs. Securities and Exchange Commission that sets the stage for it to go public. An IPO reportedly could happen in the second half of 2019. The latest?

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Payments social media Analytics Capital 223

Accenture: Banking

MAY 30, 2019

Credit card volume and receivables continue to grow amongst the top issuing banks for the first quarter of 2019; however, the growth rate of each has been slowing compared to prior years. Issuer scorecard ($billions)—Q1 2019. The post Q1 2019: US credit card issuer snapshot appeared first on Accenture Banking Blog.

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Cards US Taxes Apple 177

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. .

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Online Lending Survey Digital Banking 195

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. million in March 2019. reaching a value of $102.9

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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

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Data Online Cards Google 321

PYMNTS

JANUARY 30, 2020

Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards. This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Card fraud is an ever-present threat.

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Security Fraud ATM Cards 182

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. 6: With Person-To-Person Mobile Tech. 8: Via PayPal.

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Cards Payments Mobile Millennials 207

PYMNTS

DECEMBER 21, 2018

Microsoft issued an emergency security update for Internet Explorer after hackers were able to exploit a new flaw in several versions of the browser. Unfortunately, the security issue come right before what is expected to be the biggest shopping day of the year: the Saturday before Christmas.

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Security Analysis Google Data 179

PYMNTS

JANUARY 27, 2021

Some schemes that are impractical to wage in person are simpler to perpetrate online because of a decreased security presence, the anonymity of transactions and fraudsters’ abilities to stage hundreds of attacks simultaneously. Biometric-based methods’ effectiveness varies, but all provide better security than simple passwords.

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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.

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Fraud Online Retail Examples 255

PYMNTS

NOVEMBER 13, 2020

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Many buyers who have secured financing digitally had a great experience and won’t go back to the old way of doing things — even when COVID-19 is no longer a factor.”. Consumers and Banks Both Like Online Auto Loans.

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Online San Francisco Trends Marketing Strategies 214

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. retail sales occurred in the last two months of 2019, marking a year-over-year increase of 4.1 A notable $730 billion in U.S.

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Retail Online Fraud Cards 159

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. percent in 2019, compared to 10.5 percent in 2016. Another perennial challenge the industry faces is the ever-looming threat of data breaches.

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Nevada Security Innovation Data 192

PYMNTS

NOVEMBER 22, 2019

It’s been said cybercriminals look for the path of least resistance when they target businesses or online marketplaces to steal data or money. And, increasingly, online gaming platforms — attractive to the bad guys due to their scale and relative anonymity — are in the crosshairs. The tools are there, but mindset matters.

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Online Video Fraud Analytics 176

PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

Google 192

Google Security Washington Risk Management 192

PYMNTS

DECEMBER 31, 2020

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. 3D Secure 2.0 3D Secure 2.0 The Face of Fraud.

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Fraud Strategy Security Cards 273

PYMNTS

DECEMBER 28, 2018

Yet previous analysis from Avoka has found that less than a quarter of business banking services can be opened online, introducing a major challenge for small businesses that see fewer and fewer bank branches open nearby. In 2019, it is about ensuring the FI has the right? JLL research published last year found that the 2.2

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Fintech Customer Experience Tools Technology 177

PYMNTS

JANUARY 6, 2021

Petco will file its initial public offering (IPO) with a valuation of almost $4 billion, according to a registration statement filed with the Securities and Exchange Commission (SEC) Wednesday (Jan. billion in 2019, with 66 percent of that number used to pay for pet food. In 2019, Petco saw its shares go up 9 percent and hit $3.58

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Training Online Industry Report 256

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. The bank has designated $3.7

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Digital Banking Security Innovation Google 262

PYMNTS

NOVEMBER 20, 2020

Loadsmart features an online portal designed for those in the shipping business to move freight through ports and across rail lines and highways on land. Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”.

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Capital Online Industry Strategy 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.

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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 dominant source of fraud these days is online fraud, Yu said, and the more data a criminal gang can steal, the better the chance at profit. Sure, that’s almost a cliché — know thy enemy. Criminal Rings.

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Fraud Online How To Course 190

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Billion in 2019). Traditionally reliant on tourism, the Bahama economy suffered significantly during Covid.

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cryptocurrency Regulation Conference Taxes 472

PYMNTS

NOVEMBER 26, 2020

Social Security Administration, for example, requires recipients using its website to provide unique eight-digit codes sent via text to their smartphones in addition to their usernames and passwords when they sign up or log in. . A silver lining exists, however. It also outlines some of the frictions entities face when doing so. .

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Security social media Retail Fraud 174

PYMNTS

APRIL 5, 2020

Online tax preparation service TurboTax has announced that it is rolling out a free, stimulus registration solution to assist people who are not required to file a tax return. The IRS will be using federal tax returns from 2018 or 2019 to determine eligibility. There are roughly 10 million people in the U.S.

Tools 227

Tools Taxes Payments Online 227

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

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Payments Tools Security Regulation 240

PYMNTS

OCTOBER 21, 2020

Companies charged with protecting people’s data lost ground in 2020, after an abysmal 2019 of breathtaking data breaches. 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. There were 1.4

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Fraud Security Mobile Tools 140

PYMNTS

APRIL 22, 2020

A security researcher, Anurag Sen, accessed the files and estimated around 2.5 1, 2019, showing the full plaintext credit card number, the expiration date and the amount of money spent, along with a partial showing of the credit card number. Mendlowitz said the company had told around 15 to 20 merchants about the lapse.

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Cards Payments Fraud Data 243

PYMNTS

JANUARY 20, 2020

Fabara officially joined Visa in September of 2019, coming from Amex, where he was president of its global services group. Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Going on the Offense. More and more, we are going after bad actors with a vengeance.

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Security Fraud Risk Management Payments 168

PYMNTS

MARCH 12, 2020

Last year, credit card data was stolen from online stores hosted by eCommerce software, hosting and support company Volusion. Earlier this year , all four of Greece’s main banks were forced to enact security protocols after a data breach, and 15,000 consumer cards were canceled.

Data 155

Data Payments Cards Maine 155

PYMNTS

SEPTEMBER 28, 2020

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. The country’s Data Protection Law was announced in 2019 and officially came into effect in July 2020. For more on these and other stories, visit the Tracker’s News & Trends.

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Online Report Payments Regulation 151

Bank Innovation

MARCH 14, 2019

Customers increasingly expect banks and other financial institutions to meet them where they are with full functionality, said panelists at Bank Innovation Ignite 2019 in Seattle on Tuesday.

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