PYMNTS

SEPTEMBER 23, 2020

As demand increases for digitally-driven money management solutions, Mastercard has expanded its Digital-First Card Program in North America. Consumers also have fast digital access to card information, including the 16-digit number, CVC2, expiration date and customer service information.

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America Cards Guidelines Apple 251

PYMNTS

APRIL 22, 2020

Paay, a startup credit card database storing millions of transactions, has been unsecured for weeks and only now closed again, according to a TechCrunch report. A security researcher, Anurag Sen, accessed the files and estimated around 2.5 According to report, the data contained a trove of information dating back to Sept.

Cards 243

Cards Payments Fraud Data 243

PYMNTS

MARCH 26, 2019

The world knows by now that Apple has debuted its credit card — the Apple Card — in conjunction with Goldman Sachs and Mastercard. The card is available in both virtual and tangible, plastic forms. The broad outline is one where the digital version of the card can be used wherever Apple Pay is accepted. Not anymore.

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Cards Apple Security Customer Experience 238

PYMNTS

JUNE 29, 2020

Apple is launching a “Path to Apple Card” program intended to help declined Apple Card applicants improve their credit worthiness, according to reports. The program will start popping up as an optional method for those who want to get an Apple Card but didn’t have the required credit score.

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PYMNTS

FEBRUARY 23, 2020

Revolution Payments is streamlining the process of commercial cards and interchange fees with its new NetSuite Level III Credit Card Processing Solution, the company announced on Friday (Feb. The NetSuite card processing solution simplifies payments and reduces the interchange cost of accepting commercial cards by up to 43 percent.

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Cards Payments Maryland Data 224

PYMNTS

NOVEMBER 27, 2020

Remote onboarding has overtaken (some might say overwhelmed) banks and merchants all year long as a deluge of faceless applicants opened accounts and cards. Financial institutions (FIs) and other issuers need more assurance than they’ve been getting, however, as cyber scams founded on false identities and bogus accounts are through the roof.

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Security Study Mobile Data 269

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

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Cards Management Tools Guidelines 249

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities.

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Cards Data Compliance Payments 207

PYMNTS

MAY 5, 2020

In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction. Interacting With The Cardmember.

Cards 197

Cards Fraud Guidelines Mobile 197

PYMNTS

JULY 15, 2020

CIBT , which works in global immigration and visa services for both corporations and individuals, has announced an integration with Conferma Pay for virtual cards and streamlined business travel payments, according to a press release. They can charge specific amounts to the virtual cards for payment for visa services.

Cards 188

Cards Fraud Security Payments 188

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Traditionally, the benefits of card and check payments have resided on the buyer side of the equation at the expense of suppliers. The buyer uses a unique virtual card that is generated upon purchase approval.

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Cards Payments Management Security 234

PYMNTS

SEPTEMBER 30, 2020

It’s happened to almost all consumers: They’re idly perusing their credit card statements when they come across completely confusing, seemingly random charges from businesses they don’t recognize in locations they’ve never visited. The first thing we can do is ‘enrich’ transaction [information],” Gerber said. “We

Cards 220

Cards Online Fraud US 220

PYMNTS

OCTOBER 23, 2020

Leavitt , founder and CEO of Boost Payment Systems , told PYMNTS in a recent Masterclass that businesses large and small that have traditionally relied on the manual processes associated with writing checks or wiring funds to pay their suppliers are increasingly using commercial credit cards for payment instead. The Sum Of The PARTS .

Cards 207

Cards Payments Data Examples 207

PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

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Cards Online Fraud social media 192

PYMNTS

MARCH 5, 2020

Telecom giant T-Mobile suffered a data breach that exposed the personal information of employees and customers to unknown hackers, according to reports. “We An investigation was immediately commenced, with assistance from leading cybersecurity forensics experts, to determine what happened and what information was affected.

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Mobile Data Fraud Security 263

PYMNTS

DECEMBER 9, 2020

As corporate card innovation accelerates, new paths to adoption emerge. Visa To Support USDC Card Payments. Visa To Support USDC Card Payments. Dollar Coin (USDC), Visa is reportedly planning to support USDC payments via its corporate card products. Adflex Drives Card Adoption Within Supply Chains.

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Cards Innovation Management Payments 191

Perficient

JUNE 3, 2020

Ransomware has become one of the most common and lucrative forms of malware, recently eclipsing even credit card theft incidents. How Splunk Can Help: Splunk makes it easy to securely collect all Windows data, such as logs, performance monitoring and sysinternals in real-time. Integrate Splunk with other security tools.

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Security Big Data Data Analysis 332

PYMNTS

JANUARY 15, 2021

The use of QR codes is growing more popular in the United States, enabling consumers to instantly access information and easily pay on their smartphones without going through a URL entry. Developments From Around The World Of QR Codes. Developments From Around The World Of QR Codes. QR codes have been slower to catch on in the U.S.

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Retail Security Payments United States 207

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. Security challenges are mounting, too.

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Fraud Strategy Security Cards 273

PYMNTS

SEPTEMBER 21, 2020

And consumers want to pay with their preferred methods, across cards or digital wallets. The rise of eCommerce can give merchants information ahead of transactions, which can be used to route those transactions with speed and security. Merchants, quite logically, want to keep transaction conversion rates high.

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Fraud Payments Cards Security 311

PYMNTS

DECEMBER 29, 2020

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt. A recent study even estimates that shoppers could ultimately shift $100 billion worth of annual spending from credit cards to debit cards.

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Fraud Cards Analysis Tools 303

PYMNTS

DECEMBER 13, 2019

In an interview with PYMNTS, David Phister, director of systems security product management at Diebold Nixdorf , said that when it comes to combatting fraud, “holiday seasons are always tough.” In many cases, the fraudsters’ devices are wireless-enabled, so data is very quickly extracted so they can use it to create fake cards.”. “In

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ATM Fraud Security Cards 227

PYMNTS

APRIL 9, 2020

The cybercriminals demanded $6 million in ransom with a promise that they would not release the sensitive information of Travelex customers, including birthdates and credit card numbers. They claimed to have birthdates, credit card information and national insurance numbers and demanded the $6 million payment.

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Report Groups Data Cards 279

PYMNTS

NOVEMBER 20, 2020

Firms recognize that not all employees can receive payments into bank accounts, and these companies must therefore provide secure, convenient alternatives. Employers may also find it easier and cheaper to issue funds via payroll cards rather than checks because the former method spares them from printing and mailing physical documents.

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Cards Tools Survey Payments 197

PYMNTS

APRIL 9, 2019

Security researchers at Kaspersky Lab revealed at the Kaspersky Security Analyst Summit in Singapore that a dark net marketplace in which hackers are selling digital fingerprints has emerged. The profiles include a bevy of information on the consumer, including fingerprints. The information sells for anywhere from $5 to $200.

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Fraud Security Operations System 235

PYMNTS

NOVEMBER 16, 2020

She pointed to Elan Financial Services as leveraging a comprehensive fraud strategy for the benefit of the FI clients for which it provides card-issuing services. Banks won’t ask consumers to share sensitive information such as passwords, one-time codes or PINs where they do not initiate the interaction, Ragan said.

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Fraud Strategy social media United States 295

PYMNTS

SEPTEMBER 22, 2020

No longer is open banking solely for consolidating financial information into a single platform for one end user. Integrated into its ERP solution, the new feature links electronic banking fees to corporate card spend, allowing for automated receipt creation. Cape Wields Open Banking For Corporate Cards.

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Fintech Cards Capital Management 277

PYMNTS

MAY 28, 2020

A survey by Welcome Technologies of 10,000 immigrants found that only 44 percent used credit cards and 54 percent had savings accounts, the release states. We are challenging the status quo to ensure immigrant communities get fair and secure financial options.”.

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Mobile US FDIC Survey 248

PYMNTS

DECEMBER 31, 2018

We have a major security effort at the company that hardens all of our surfaces.”. While the company knows the attack would have given hackers access to control over user accounts, there were no reports on what, if any, user information was accessed. The breach was believed to have seen 5 million cards compromised.

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Data Security Tools Cards 230

PYMNTS

JANUARY 3, 2021

T-Mobile has told some customers of a “security incident” in which a malicious party “may have impacted some of your T-Mobile account information.”. T-Mobile began informing customers of the incident on Dec. 29, according to the tech website bleepingcomputer.com , which was among the first news outlets to report the breech.

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Mobile Data Taxes Security 213

PYMNTS

JANUARY 25, 2021

Contactless payments are “future-proofed” in that they will let consumers access the security and convenience for long into the future, according to the release. Ecos’s specifications say that any device will be able to be used as a payment device, making it less necessary to carry backup cards or payment methods.

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Technology Cards Innovation Community 310

PYMNTS

JUNE 29, 2020

Launched in the Ukraine a decade ago, the internet-based cybercriminal enterprise stole identities, compromised debit and credit cards and personal, financial and banking information and spread computer malware, the Justice Department’s Criminal Division said in a statement. In April, a joint study by the U.S. and the United Kingdom.

Nevada 201

Nevada Cyber Security Study Security 201

PYMNTS

MAY 19, 2020

in January accidentally exposed personal information about 250,000 of its customers that could have been accessed by anyone, The Hacker News reported. based in Sao Paulo, inadvertently left hundreds of gigabytes of its customers’ personal and payment-related information publicly available online. Natura & Co.

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Data Branding National Report 234

PYMNTS

JUNE 24, 2020

Those less tech-savvy individuals represent juicy targets for fraudsters, who have been fine-tuning card-not-present (CNP) schemes to work across all manner of channels during the pandemic as we wield smartphones to make transactions or bank over the phone. It’s the same story, and the same things that we’ve seen, all over again.”.

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Fraud Security Cards Course 262

PYMNTS

MARCH 26, 2020

As reported, those Americans with direct deposit account information stored with the Internal Revenue Service (IRS) — the conduit through which they get refunds — will get those payments within a few weeks after legislation is finalized and signed. Prepaid cards also can allow those without bank accounts (i.e. The Security Aspect.

Cards 252

Cards Course FDIC Payments 252

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

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Compliance Data Report Meeting 243

Abrigo

APRIL 2, 2020

In addition, with the passing of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), fraud has increased with scams offering to rush stimulus checks to individuals for a fee. Be cautious of any charities requesting donations by cash, gift card, or wire transfer Be alert to “investment opportunities” - The U.S.

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