PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job.

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Cards Security United States Technology 187

Perficient

FEBRUARY 1, 2021

In today’s blog, we’ll discuss some of the latest and greatest features around Teams collaboration, meetings, calling, and security/compliance! Security and Compliance Updates. Adaptive Card Compliance Capabilities. According to Microsoft, more than 70% of the apps today generate card content in Teams conversations.

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PYMNTS

MAY 16, 2019

These mobile controls, however, also offer consumers a powerful tool for dealing with arguably higher stakes: the risk of credit card fraud. Location controls can be used to prevent merchants from charging consumers’ credit cards if their smartphones aren’t close by, and restrict purchases to a particular geographic area or country.

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Fraud Cards Mobile Tools 193

PYMNTS

MAY 22, 2020

Moreover, all demographic groups are far more likely to use phone than email or chat to reach card service departments — and this method is associated with higher satisfaction and resolution rates. Billing issues and payments is the most common reason, cited by 29 percent of cardholders, followed by fraud and data security, cited by 23.8

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Cards Data Millennials Report 216

PYMNTS

JUNE 8, 2020

Low interest rates, he said, were the main enticement for people to come and join a new bank — but they would be obsolete in competition against an official digital currency, which could easily process a digital payment the same way.

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PYMNTS

JANUARY 15, 2021

In the inaugural QR Code Payments Tracker® , PYMNTS explores the latest in the world of QR codes, including new implementations at retailers and payment providers, the security concerns facing this payment method, and the pandemic’s effect on the development and rollout of QR code-enabled payment options.

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Retail Security Payments United States 207

PYMNTS

SEPTEMBER 10, 2019

The September AML/KYC Tracker examines the latest fraud challenges and efforts to ensure tight security and compliance. . How Mobile Financial Startups Can Bridge the Security Gap. However, the business costs of not ensuring robust defenses and identity verifications far outweigh these pains. Around the AML/KYC Worl d.

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Security Fintech Fraud Compliance 185

PYMNTS

DECEMBER 23, 2020

The teenager with a Fortnite habit who manages to clean out Dad’s checking account via the debit card linked to the gaming account. The company offers FDIC-insured bank accounts and a Visa -branded payment cards for teens (aged 13-18) with budgeting features and other financial education tools built in. Creating A Balance.

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Fintech Cards FDIC Lending 322

PYMNTS

MAY 2, 2019

The main challenge of designing a holistic solution for the small business (SMB) community is that it’s a diverse segment, making it particularly hard to create one-size-fits-all solutions. For example, security and protecting against identity theft are top of mind for SMB owners , almost regardless of size or vertical.

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Cards Online Examples Taxes 179

PYMNTS

JULY 17, 2020

Mobile card apps went from nifty to necessary when the darkest imaginings of last March had people picturing COVID-19 on every surface, suspended in every breath. Consumers are interested in applying mobile card management tools in different ways, however,” the report states. Meet the 2021 Cardholder.

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Cards Mobile Groups Tools 151

PYMNTS

JANUARY 22, 2020

All four of Greece’s main banking institutions enacted security protocols after a data breach, and consequently cancelled 15,000 consumer cards, according to reports. As a result, any banking card used on the travel portal was cancelled, and to be replaced. It is anticipated to be completed at the end of March.

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Cards Data Maine Security 130

PYMNTS

MAY 7, 2020

All eyes may be trained on Wall Street now, and Main Street too as the latest tranche of business lending gets underway. The company also launched a gift card portal in order to help buyers search for and support Square sellers. Card-present volumes were down by 60 percent year over year. Customers stored more than $1.3

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Bank Innovation

MAY 30, 2019

is close to securing new funding at a valuation north of $2 billion, according to people familiar with the matter. The San Francisco-based startup — whose main business is providing corporate credit cards to tech companies, startups and their employees — had previously raised money at […].

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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

JANUARY 20, 2020

Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Regardless of the product or initiative, every conversation starts and ends with a single overriding question: “Is it secure?”. And there’s the fact that consumers still love and use their physical cards.

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PYMNTS

SEPTEMBER 17, 2020

retailers instantaneously get funds for card transactions with actual fund availability depending on receiving bank and geographic area, according to a Thursday (Sept. Firms registered for the offering with a qualified debit card can start setting a time to receive funds from their card receivables payments and reshape their cash collection.

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PYMNTS

MAY 9, 2019

The digital ID card would replace an actual ID card but would work the same way, as Google wants it to be used in all “physical world transactions.” It would also be a key component of a digital wallet , which can replace plane tickets, loyalty cards and credit cards, but still can’t work as an ID card.

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Google Security Cards Conference 190

PYMNTS

JUNE 6, 2019

In the latest Disbursements Tracker , PYMNTS explores how banks and card providers are approaching payment innovations to keep pace with consumer demand, and to better protect against fraudsters. Why Cash Security Deposits Should Be the Exception to the Rule. Around the Disbursements World. Though regulators and banks in the U.S.

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PYMNTS

FEBRUARY 25, 2020

These three main segments of the Fleet Solution are said to provide better control over operations and increased protection against fraud. Hak added Shell is bringing to India “our most relevant mobility solutions from across the globe” and the company will continue to enhance product offerings in India. .

Cards 159

Cards Fraud Operations Management 159

PYMNTS

MARCH 10, 2020

A recent study found 32 percent of security incidents in 2019 involved phishing and 29 percent involved stolen credentials, both of which would have been much more difficult had secure digital ID systems been in place. Businesses and organizations are already taking steps to close this security gap. But the U.S.

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PYMNTS

JUNE 1, 2020

Many Main Street SMBs, local restaurants and designer boutiques are doing it for the first time. Capturing and then enabling card-on-file payments when consumers buy the products or services they consume in the physical world. But given the absence of contactless card penetration in the U.S., Gas stations are encouraging it.

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Cards Study Maine Retail 147

PYMNTS

AUGUST 21, 2020

Mobile banking is under constant attack from fraudsters, however, who are targeting both customers’ funds and personal data, such as account numbers, Social Security numbers, payment card data and login credentials. The Security Threats Facing ITMs And How FIs Can Protect Them. billion by 2024.

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Analytics Fraud ATM Report 266

PYMNTS

JANUARY 23, 2020

The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

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Fraud Security Regulation cryptocurrency 157

PYMNTS

JUNE 26, 2019

In this month’s feature story, Rasmusson explained what it took to secure the 24/7 accessible, automated store against shoplifting, while avoiding the introduction of payment frictions. Mobile payments have yet to displace cash or card payments in the U.S., Get the full story in the Tracker. Read more in the Tracker. About the Tracker.

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Security Retail Houston Mobile 156

PYMNTS

MAY 29, 2020

We have deep dives on Main Street’s digital shift, ATM innovation and PPP loans. NEW DATA: Inside Main Street SMBs’ Digital Shift. Consumers expect secure and fast access to digital tools. FinTechs Help Main Street Find Its Footing. The Flaw In Demonizing Big Tech. SBA reports show that $510.5 Trackers And Reports.

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Maine ATM Innovation Millennials 130

PYMNTS

APRIL 16, 2019

From fuel pumps to convenience stores (C-stores), many consumers worry about the security of their personal financial information. adults are concerned about the security of their financial data when making payments at these venues. Mobile wallets , however, have advantages that span from convenience to security.

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Security Mobile Retail Survey 140

PYMNTS

OCTOBER 28, 2020

It is interesting to observe that cloud technology and digital transformation are now mature enough so there is [no longer any] lack of trust in security or bandwidth on the bank side,” he said. All told, Scaffidi said the modernization process is simply growing up. “It Digital Transactions Up, Data Center Usage Down.

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Payments United States Trends Cards 273

PYMNTS

MARCH 27, 2020

The Department Of Homeland Security ( DHS ) is lengthening the enforcement deadline for REAL ID because of the coronavirus pandemic, according to a statement. It sought to increase security standards for drivers’ licenses made by the states. The REAL ID launch serves as the last part of an act Congress ratified in 2005 following 9/11.

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United States Security Maine Cards 173

PYMNTS

FEBRUARY 20, 2020

Consumers have somewhat of a fickle relationship with security when it comes to transactions. Most report that they want security, and they are sincere in their reporting. This isn’t so much of a security gap as a convenience gap. The Three Main Challenges .

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Mobile Fraud Security Customer Experience 201

PYMNTS

SEPTEMBER 17, 2019

The all-new Securing B2B Payments Report highlights how these solutions are helping B2B partners to quickly and securely make payments and keep their relationships strong. A recent partnership between consulting firm CGI and invoice payment solution provider Ordo aims to make invoice processing safer and more secure.

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Cards Payments Fraud Security 130

PYMNTS

JUNE 25, 2020

This fear of cybercrime comes at a time when banks are exploring open banking systems en masse, which is only exacerbating security concerns. One popular target for cybercrime is debit and credit cards as the pandemic leaves customers uncertain about their financial futures. Building Consumer Trust With Open Banking Security.

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Fraud Security Cards System 228

PYMNTS

JUNE 24, 2020

In the inaugural edition of the Next-Gen Payroll Tracker® , a partnership with ADP® , PYMNTS examines these trends and technologies and the role they can play in improving workers’ financial security and sense of wellbeing. The government turned to a solution that is gaining popularity in the private sector: prepaid pay cards.

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PYMNTS

NOVEMBER 30, 2020

Other major reasons holiday shoppers gave for doing their shopping online this year included being able to access lower prices, it takes too long to get in and out of stores and believing that data security was stronger online. More consumers used debit cards and PayPal to shop on Black Friday this year. This compares to 45.1

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Data Online Cards Google 321

PYMNTS

NOVEMBER 29, 2017

The November edition of the PYMNTS Digital Banking Tracker , a Feedzai collaboration, features an interview about how credit unions can attain AI, a scorecard of industry players and the latest headlines surrounding AIs, digital security and new digital banks. percent cash back on debit card transactions.

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Security Digital Banking Resources Mobile 173

PYMNTS

SEPTEMBER 18, 2018

18), a San Francisco startup launched by sending roughly 60,000 credit cards to consumers living in northern California. This startup was a bank, and its innovation was a single card that could be used by consumers to purchase things on credit from many different merchants. billion cards has included many noteworthy milestones.

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Payments San Francisco Innovation Cards 259

PYMNTS

OCTOBER 22, 2020

Walgreens customers with eligible payment cards, starting this month, will now be able to access rewards programs to help pay for purchases they make in stores. The release says the Walgreens customers will now be able to use the option of paying with “points” from the FIS program after they've dipped, swiped or tapped their card.

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Maine Cards Payments Retail 188

PYMNTS

MARCH 12, 2020

Last year, credit card data was stolen from online stores hosted by eCommerce software, hosting and support company Volusion. Hackers breached Volusion servers and inserted malicious JavaScript code, which made its way onto customer store websites, where it recorded payment card details when they were entered into checkout forms.

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