PYMNTS

AUGUST 14, 2020

But Co-Founder and CEO Yitz Mendlowitz told Karen Webster in a recent conversation on 3-D Secure 2.0 Prior to COVID-19, we were telling people that over the next five years, remote-commerce, card-not-present transactions will exceed in-store, card-present transactions,” Mendlowitz said. that’s not the case much anymore.

Cards 293

Cards Fraud Retail Security 293

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 The company didn’t reveal how many people were affected, but it said financial information like credit cards and Social Security numbers were not affected. “We

Mobile 263

Mobile Data Fraud Security 263

PYMNTS

MAY 27, 2020

To that end, said Matt Good , senior vice president and general manager of Elan Advisory Services , the shift to contactless payments is well underway — and the stage is being set for mobile wallets to gain a much wider embrace. Merchants, he said, “need to make sure they not only accept credit cards but also contactless payments.”.

Mobile 280

Mobile Community Bank Cards Community 280

Perficient

SEPTEMBER 23, 2020

I think these technologies have a way to dramatically improve the mobile experience if you can take advantage of them. I find it frustrating when mobile apps aren’t nicely connected and they force me to spend extra effort to get things done. Have you heard about Mini Apps or Apple’s new App Clips feature?

Mobile 322

Mobile Apple Examples Technology 322

PYMNTS

JANUARY 18, 2021

Infineon Technologies , which works as a semiconductor manufacturer, is doing away with employee identification cards at its Germany headquarters and instead implementing a new smart card solution that combines office building access and Mastercard contactless payments capabilities, according to a FinTech Intel report.

Cards 270

Cards Payments Technology Compliance 270

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. Visa and Conferma Pay said Monday (Nov. Three Components .

Cards 287

Cards Payments Mobile Management 287

PYMNTS

JULY 14, 2020

Convincing consumers to designate precious space on their mobile phones to download yet another app can be a tough sell these days. Interest in mobile card apps is especially high among two key groups: those who primarily use debit cards for purchases and those who primarily use credit cards while carrying balances every month.

Cards 197

Cards Mobile Groups Survey 197

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. Your company can] easily send a one-time verification code via SMS or voice message or through your mobile app to authenticate a known user or verify a transaction.

Security 269

Security Study Mobile Data 269

PYMNTS

JANUARY 22, 2020

The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. Two major Austrian card issuers are also using the technology.

Security 214

Security Payments Cards Fraud 214

PYMNTS

JANUARY 14, 2020

In financial services, demand for ease of use and security are sky-high, even for business customers. But cloud migrations are often complex, particularly when it comes to remaining compliant with the mounting regulatory initiatives designed to address growing security risks in the financial services arena.

User Experience 253

User Experience Security Payments Compliance 253

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. The breech occurred in December, the site reported, and appeared to affect about 200,000 T-Mobile customers.

Mobile 213

Mobile Data Taxes Security 213

PYMNTS

APRIL 17, 2020

To reportedly help it compete with Apple Pay and the Apple Card, Google is creating its own tangible and virtual debit cards. The tech company’s debit card will have the brand of Google along with its partnered financial institution; however, it is not known what the offering’s name will be.

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Google Cards Apple Branding 229

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.”.

Mobile 248

Mobile US FDIC Survey 248

PYMNTS

SEPTEMBER 24, 2019

Legacy banks are similarly at work, with one major FI seeking to beat out FinTech competition by offering same-day access to credit card deposits. Airlines are also seeking to enable speedy mobile payments. Southwest customers can use the mobile wallet to buy ticke ts and pay for other services. Around the Faster Payments World.

Mobile 246

Mobile Payments Apple Millennials 246

PYMNTS

APRIL 27, 2020

As consumers shop amid ongoing public health restrictions, they almost invariably reach for their credit cards — whether the physical varieties in their wallets or the digital versions stored on their browsers and mobile devices. More than ever, credit cards are becoming the coin of the realm in the global connected economy.

Cards 226

Cards Fintech United States Case Study 226

PYMNTS

MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Samsung introduced its payments tool in 2015 with MST (Magnetic Secure Transmission) technology as well as Near Field Communication (NFC), a newer technology. has seen slow adoption compared to other regions.

Samsung 230

Samsung Management Cards Regional 230

Bank Innovation

MARCH 22, 2018

UK-based fintech Revolut’s newest product is a “disposable” virtual card, a product that was designed with fraud protection in mind, the fintech announced today. The card, which sits inside Revolut’s mobile app, wipes a user’s details and resets them after every payment.

Fraud 277

Fraud Cards Payments Fintech 277

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 .

Mobile 201

Mobile Fraud Security Customer Experience 201

PYMNTS

SEPTEMBER 23, 2020

The virtual card can be a valuable payment solution for the enterprise thanks to the technology's security features and mobility. Yet adoption remains limited, largely thanks to corporates' ongoing use of more traditional payment methods like ACH or even physical cards. Aussie Alt-Lender Execs Team Up For Corporate Card.

Cards 219

Cards Mobile Payments Lending 219

PYMNTS

NOVEMBER 19, 2020

Blackhawk Network noted that mobile wallet adoption in the U.S. Google is looking to capitalize on some momentum around mobile wallets. That paves the way toward mobile wallet adoption, as consumers avoid bringing out the plastic at the POS. Mobile wallet transaction value could exceed $1 trillion by 2024.

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Google Mobile Apple Survey 254

PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. Consumers inject little data into the transaction when they pay in-store with cards.

Security 267

Security Fraud Data Online 267

PYMNTS

NOVEMBER 18, 2020

The November/December Smarter Payments Tracker ® examines how firms are putting payroll apps and prepaid cards to use to resolve frictions for their global workforces. The workers can then use these cards to make retail payments in-stores and online, as well as collect cash at the ATM. Around The World Of Smarter Payments.

Mobile 220

Mobile Payments Cards Retail 220

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

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . also known as 3DS 2.0

Security 233

Security New York Atlanta Fraud 233

PYMNTS

MARCH 18, 2020

That’s because things that seemed like add-ons when it came to digital banking even five years ago — card controls, instant virtual card issuance, self-service security, mobile deposit capture — are now table stakes. “In Cards — debit or credit — they say, are not really their core business.

Cards 217

Cards Tools Mobile Google 217

PYMNTS

JANUARY 23, 2020

The partnership starts with the SoFi Money debit card, an offering that will exist exclusively on the Mastercard network. SoFi’s card will provide an additional way for customers to spend with their SoFi Money cash management accounts. Mastercard will serve as the exclusive card network for SoFi’s soon-to-be-released credit card.

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Los Angeles Cards ATM Payments 228

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.

Cards 249

Cards Management Tools Guidelines 249

Payments Dive

NOVEMBER 16, 2020

More than ever, merchants need an alternative to the card networks to meet the needs of an evolving customer base. Today’s consumers have embraced a “mobile-first” payments philosophy, and are looking to pay in a fast, simple, and secure way.

Payments 307

Payments Meeting Mobile Security 307

PYMNTS

NOVEMBER 13, 2020

The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. One study found that these apps will outnumber phy sical identity cards by 2023, with this trend being driven largely by national ID programs in emerging markets.

Fraud 242

Fraud US Mobile Study 242

PYMNTS

JUNE 16, 2020

The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. .

Digital Banking 199

Digital Banking Mobile Los Angeles San Francisco 199

PYMNTS

DECEMBER 10, 2020

The offering, which is now available to owner CUs, provides continuous and smooth payment experiences and lets cardholders keep transacting online even if they don’t have their tangible cards, according to the announcement.

Mobile 206

Mobile Samsung Cards Apple 206

PYMNTS

NOVEMBER 16, 2020

In Beyond the Card: Toward the Cardless and Contactless Future , a PYMNTS and i2c Inc. Physical cards are changing form, as some NFC-capable mini-cards are being embedded in rings and other wearables. Physical cards are changing form, as some NFC-capable mini-cards are being embedded in rings and other wearables.

Cards 239

Cards Payments Innovation Customer Experience 239

PYMNTS

NOVEMBER 23, 2020

And even before then, as evidenced by an earlier conversation between Karen Webster and Drew Edwards , CEO of Ingo Money , mobile deposit fraud was increasingly becoming a favorite vector for criminals. Back then, Edwards noted that mobile check fraud was escalating so much that some banks were shutting off the feature entirely.

Fraud 252

Fraud Mobile Technology Course 252

PYMNTS

JANUARY 12, 2021

In a discussion with Karen Webster, Barker and Pettican explored the rise of consumerization of B2B payments and how virtual cards are supporting this evolution without forcing finance chiefs to give up the control and security that is so vital to successful corporate payments. Expanding The Virtual Card Value Prop.

Cards 228

Cards Payments Technology Analytics 228

Bank Innovation

MARCH 28, 2018

The Internet of Things is notoriously insecure — unsecured, or poorly secured IoT devices have contributed to a number of cyberattacks, and these are on the rise as the number of devices increases. There are more than 8 billion connected devices today, with over 20 billion estimated for 2020.

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Security Video Bitcoin blockchain 268

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022.

Industry 471

Industry Trends social media Payments 471

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