PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Most online merchants rely solely on SSL/TLS to encrypt the data being sent from their websites. Cyberattacks have jumped 273 percent in the first quarter of this year over the same period in 2019.

Security 233

Security New York Atlanta Fraud 233

PYMNTS

JANUARY 25, 2021

Building on top of the open banking infrastructure, PayDirect is a new payment method that enables companies to take online payments in a highly secure way, and also pay out to customers through the same rails. I mean, how does a piece of plastic have anything to do with online?

Online 300

Online Meeting Payments Cards 300

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.

Data 189

Data New York Bitcoin Security 189

CFPB Monitor

FEBRUARY 26, 2020

On February 25th, the Federal Trade Commission (FTC) released its annual Privacy and Data Security Update , which highlights the FTC’s activities during the past year.

Security 78

Security Data Resources Groups 78

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

Online 176

Online Industry New Jersey Pennsylvania 176

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.

Retail 159

Retail Online Fraud Cards 159

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.

Online 222

Online System Fraud Video 222

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.

National 192

National Washington Data Security 192

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.

Security 182

Security Fraud ATM Cards 182

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.

Retail 218

Retail Online Cards Data 218

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.

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

DECEMBER 11, 2018

Give a deep and welcoming hello to the newest form of window shopping — a consumer behavior that will help to shape retail in 2019 and beyond, and a trend that stands as an increasing part of shopping, one that promises to impact brick-and-mortar merchants as they decide how to innovate. That’s not to say physical retail is dying.

blockchain 170

blockchain Retail Trends Mobile 170

Bank Innovation

JANUARY 24, 2018

Payments provider Mastercard has issued a deadline for the availability of biometric authentication across its cards, stating that all customers will be able to use fingerprints or facial recognition for verification by April 2019.

Cards 342

Cards Branding Payments Online 342

PYMNTS

APRIL 30, 2020

The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company told TechCrunch that its newly launched product, called Flutterwave Store, is not a shift away from the company’s core online payments business.

Online 141

Online San Francisco Payments Capital 141

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.

Security 213

Security Innovation Fraud Study 213

PYMNTS

MARCH 13, 2019

Digital banking customers are looking for an institution that can keep their data safe, with security mishaps creating the possibility that they can move to other apps. beat analysts’ revenue and earnings estimates for the second quarter of its fiscal year 2019 amid a focus on data science. In addition, Stitch Fix Inc. Data: $370.3

Digital Banking 128

Digital Banking Security Data Branding 128

PYMNTS

SEPTEMBER 9, 2019

Tide, which targets small and medium-sized business (SMB) customers, announced it will now allow SMBs to sign up for accounts online, according to AltFi reports Friday (Sept. The online account opening tool will go live Monday (Sept. Construction of this portal is underway and on track for launch in September 2019.”.

Online 108

Online Mobile Security Meeting 108

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

Fraud 140

Fraud Security Mobile Tools 140

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

NOVEMBER 11, 2019

For online merchants, knowing that the person on the other side of the transaction is who they say there are is of critical importance. Synthetic ID fraud remains a billion-dollar problem, and online commerce must walk the fine line between data privacy and data security.

Online 100

Online Fraud Data Software 100

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

FEBRUARY 3, 2020

The sharing economy’s business model is straightforward: Individuals list goods and services on curated online platforms that foster pain-free connections to renters or buyers. Such transparency between buyers and sellers allows the economy to quickly grow — but also presents fraud and security challenges.

Security 132

Security Fraud Tools Online 132

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.

Online 176

Online Video Fraud Analytics 176

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.

Security 179

Security Analysis Google Data 179

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.

Nevada 192

Nevada Security Innovation Data 192

PYMNTS

MAY 31, 2017

Visa announced Tuesday (May 30) that it is rolling out enhancements to its Verified by Visa service, a global solution designed to make online purchases more secure by helping ensure payments are made by the rightful owner of the Visa account. As part of the upgrade, Visa said it was enhancing its systems to support 3-D Secure 2.0,

Security 192

Security System Fraud Tools 192

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?

Payments 223

Payments social media Analytics Capital 223

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.

Online 214

Online San Francisco Trends Marketing Strategies 214

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. .

Security 174

Security social media Retail Fraud 174

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.

Cards 207

Cards Payments Mobile Millennials 207

PYMNTS

DECEMBER 30, 2019

In 2019, some online marketplaces took a page out of the sharing economy playbook for clothing. We want to be a peer-to-peer marketplace,” she said, adding that she wants to make it easy and secure to share clothes. In 2019, a clothing subscription service also bought a brick-and-mortar retailer.

Retail 133

Retail Branding Company Washington 133

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.

Online 151

Online Report Payments Regulation 151

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 6, 2020

InnoVen also reported that early-stage startups saw a 22 percent jump in 2019 in the deals they attracted. And in terms of individual deal activity, within the last two weeks, SoftBank’s Vision Fund invested $275 million in online-to-offline eyewear firm Lenskart. And the $6.9 billion, followed by logistics at $1.2

Fintech 132

Fintech Capital Strategy Report 132

PYMNTS

JUNE 12, 2019

Phone numbers, email addresses, usernames and other online signifiers have become essential to verification as the world becomes more connected. Data: 64 million: Number of cars equipped with some form of connected technology that will be shipped worldwide in 2019. $59 All this, Today In Data.

Security 148

Security Millennials Data Retail 148

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

FEBRUARY 14, 2017

Roxane Dibol, EVP and GM of Website Security at Symantec, said in a press release, “Through its support for Encryption Everywhere, BigCommerce is ensuring its merchant base can compete effectively and provide a world-class shopping experience that is both trusted and secure.”.

Security 108

Security Online Data US 108