Payments Dive

SEPTEMBER 15, 2020

Contactless payments offer the same strong security as EMV cards but how do they stack up against the needs of consumers who are now dealing with the aftermath of COVID-19? Jaime Topolski, the director of payment card products at Fiserv gives his insight on contactless cards.

Cards 464

Cards Security Payments 464

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

Payments Dive

APRIL 15, 2024

Card programs can increase purchase authorization rates without taking on undue fraud-liability risk with 3-D Secure (3DS). Here’s what it is and how card issuers can leverage it.

Cards 243

Cards Fraud Security 243

PYMNTS

DECEMBER 31, 2020

Synchrony Bank will be able to offer a combination secured/unsecured credit card under a Consumer Financial Protection Bureau order posted Wednesday (Dec. Like other secured card offerings, the DFCC offers such consumers the opportunity to improve or establish their credit profile.".

Security 246

Security Cards Trends Regulation 246

PYMNTS

NOVEMBER 30, 2020

Virtual cards continue to gain traction in commercial payments, and it's no surprise. As corporate card products grow more popular, virtual cards provide enhanced security and greater control, without compromising the familiarity of making a credit card payment. On Monday (Nov.

Cards 212

Cards Mobile Security Payments 212

Payments Dive

JULY 25, 2017

A new survey has revealed consumers have major concerns about the security of their payment card data. Download our new report which summarizes the key findings, including instore payments vs online, where responsibility lies and rates of fraudulent card use

Security 170

Security Cards Report Data 170

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

DECEMBER 2, 2020

“Consumers are increasingly concerned about protecting their payment details from fraud when shopping online,” according to PYMNTS’ November 2020 Next-Gen Debit Tracker ® done in collaboration with PULSE , a Discover company. Virtual cards are expected to facilitate $1.6 Merchants Align Behind V-Cards.

Cards 150

Cards Security Fraud Online 150

Perficient

FEBRUARY 2, 2023

Here are some of the biggest payment trends we’re forecasting for the new year. 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.

Industry 471

Industry Trends social media Payments 471

Payments Dive

SEPTEMBER 4, 2024

Due to lax authentication practices, a thief or hacker can easily add a stolen credit card to their own digital wallet, the study concluded.

Security 243

Security Study Cards 243

PYMNTS

JANUARY 12, 2021

Historically, corporate travel and expense ( T&E ) management has been viewed as an entirely separate function from other B2B payment workflows. As a result, the lines that once separated T&E from other B2B payment workflows are blurring, according to Conferma Pay CEO Simon Barker and Barclays President of Payments Marc Pettican.

Cards 228

Cards Payments Technology Analytics 228

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

Bank Innovation

JUNE 10, 2019

Amazon has added a secured credit card to its suite of financial services offerings today, the latest effort to entice underbanked and low-income customers to shop with the e-tailing giant.

Cards 210

Cards Security Payments 210

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. The shift to digital payments has been gaining momentum.

Cards 287

Cards Payments Mobile Management 287

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. Orchestrating A Solution.

Cards 207

Cards Data Compliance Payments 207

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. The database works with other payment processors, verifying payments to make sure there is no fraud going on for outside vendors.

Cards 243

Cards Payments Fraud Data 243

Perficient

FEBRUARY 1, 2021

Data is pervasive and security a tough thing to do and even harder to do it right. You can set the application security to align with your enterprise’s security policy. You can set security options for encryption, masking, and tokenization of credit cards and bank accounts. Do I want to encrypt my credit card data?

Data 322

Data Payments Policies Cards 322

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 new integration also marks invoices as paid, automatically posts payments and archives data offsite.

Cards 224

Cards Payments Maryland Data 224

American Banker

JULY 1, 2024

Even as more transactions go fully digital via apps and devices, one card manufacturer is betting that metal payment cards have a long-term future as status symbols — and secure payment devices.

Cards 41

Cards Security Payments 41

PYMNTS

DECEMBER 3, 2020

Might mobile payments help revolutionize corporate cards? It’s been well documented how reliant on paper checks B2B payments have been right up to and even into the pandemic — with a significant percentage of payments being done through those antiquated means.

Cards 213

Cards Mobile Payments Course 213

PYMNTS

NOVEMBER 16, 2020

Now comes the work of embedding touchless payments anywhere and everywhere people might want them. 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. told PYMNTS.

Cards 239

Cards Payments Innovation Customer Experience 239

Payments Dive

JULY 5, 2023

Just 40% of consumers feel confident in the security and safety of their debit cards, J.D. Power said.

Security 221

Security Survey Cards 221

PYMNTS

NOVEMBER 30, 2020

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

Cards 151

Cards Security ATM Data 151

Payments Source

NOVEMBER 17, 2020

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

Michigan 163

Michigan Security Cards Fraud 163

PYMNTS

OCTOBER 19, 2020

American Express is working with Coupa on a new partnership to use virtual cards for Coupa's B2B solution, a press release says. Coupa Pay, the Coupa B2B solution, will be available for customers of AmEx's virtual cards, in a move meant to streamline the old payment processes which the release calls "outdated, complex, and inefficient.".

Cards 319

Cards Risk Management Tools Policies 319

PYMNTS

AUGUST 7, 2020

Unisys has partnered with PayCargo , which works in electronic invoicing and settlements for shipping companies, to deliver a new payments platform for cargo providers that a press release touts as more secure and faster. The platform lets clients have their cargo released the same day.

Security 256

Security Payments America System 256

The Paypers

AUGUST 4, 2024

Technology provider IDEMIA Secure Transactions reveals detailed customer payment card behavior insights in a newly released global survey.

Security 41

Security Cards Payments Survey 41

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. Those pain points center around cash flow, manual processes (where employees match invoice and payment data), and the management of suppliers. Streamlining Payments For Buyers And Suppliers Too .

Cards 234

Cards Payments Management Security 234

PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Barclaycard Debuts V-Card For Expense Management.

Cards 286

Cards Innovation Management Payments 286

PYMNTS

JANUARY 20, 2021

Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms. More Debit Payments, More Debit Fraud. Security And The Consumer Element . is huge,” Tremont said. “[It

Security 130

Security Cards Mobile Fraud 130

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. They also offer more safeguards against fraud than traditional business credit cards. B2B Virtual Card Purchasing On The Rise. PYMNTS reported that 46.4

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

AUGUST 6, 2020

Goodbye, corporate expense cards and hello, “Zero Card?”. 6) rolled out its new Zero Card , a touchless, pre-paid, digital corporate expense card that the California FinTech is hoping will give the traditional corporate expense card a run for its money. Paystand on Thursday (Aug.

Cards 240

Cards California blockchain Payments 240

PYMNTS

SEPTEMBER 23, 2019

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. Two users said they were trying to update their payment information when another person’s information popped up in the information box.

Apple 193

Apple Security Report Payments 193

PYMNTS

JANUARY 15, 2021

These codes are particularly useful when it comes to contactless payments, as they allow funds to be instantly transferred through a simple printout on restaurant bills or checkout counters. The year 2020 was a game-changer for QR codes, with high demand for safer, more convenient contactless payments fueling their growth.

Retail 207

Retail Security Payments United States 207

PYMNTS

OCTOBER 26, 2020

BPCL has teamed with Fino Payments Bank in order to provide digitized card refills for fleet drivers in India, according to a report from The Hindu BusinessLine. Before this, truck drivers had difficulty refilling their BCPL Smartfleet cards in and around Erode. Repairs factor in, too.

Cards 184

Cards Payments Regional Management 184

Payments Dive

JUNE 19, 2017

Have advances in security provided reassurance to consumers that sensitive payment card data is being protected? This infographic looks at the results of a survey of US, UK and Australian adults which found 67% are concerned about the security of their credit/debit card data.

Survey 186

Survey Security Data Payments 186