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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PYMNTS

NOVEMBER 19, 2020

19) unveiled a major upgrade to Xoom , enabling customers across the United States to use the mobile payments app to send money straight to the bank account of a family member, friend or another recipient. PayPal is upping its mobile payments game. PayPal on Thursday (Nov. More than a third of Xoom users across the U.S.

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PYMNTS

JANUARY 24, 2020

In today’s top news, The Clearing House (TCH) is increasing the value limit for general transactions on the TCH-operated real-time payments (RTP) network, Verizon is working with financial firm Synchrony to put out its own consumer card and the United States is moving to get tough on the sale of counterfeit merchandise through eCommerce.

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Cards United States Payments Innovation 130

Bank Innovation

MARCH 27, 2017

What if, instead of cards, consumers just had to put in a code—and then another code—to get access to their money at the ATM? Wells Fargo announced today that its customers now have full access to about 13,000 card-free ATMs, installed across the United States.

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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

JULY 20, 2023

Fraud, including check fraud, is the largest source of illicit proceeds in the United States and represents one of the most significant money laundering threats to the United States.” Companies are seeking payment providers that offer enhanced security measures to counter the persistent threat of fraud.

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Strategy Payments Fraud United States 221

PYMNTS

FEBRUARY 5, 2019

5), AEVI and Secure Trading/acquiring.com said they have teamed up to offer a POS solution that focuses on white-labeled, standalone and semi-integrated hardware and services. On Tuesday (Feb. The AEVI payment app is vendor-agnostic.

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Security United States blockchain Innovation 122

PYMNTS

MARCH 12, 2020

And according to Jennifer Schroeder, executive vice president of product management at PULSE, prepaid and payroll cards are proving increasingly popular among forward-thinking employers. The Security Angle. As has been reported, the platform can help issuers manage, or restrict, transactions across groups of compromised cards.

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Cards Fraud United States Payments 154

PYMNTS

MARCH 2, 2020

The United States’ tight labor market exacerbates competitive tensions for such agencies, though. This month’s Deep Dive digs into the data that guides staffing agencies’ payroll disbursement decisions, including payroll cards ’ pros and cons. Employees’ Payroll Card Opinions. rose from 3.1 million in 2010 to 5.9

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PYMNTS

SEPTEMBER 4, 2018

What does the future hold for the plastic payment card? Or will cards with cutting-edge technology win more loyalty from shoppers? Such questions are addressed in a new PYMNTS story that features an interview with Sebastien Clamagirand, general manager of secure payment and identity at NXP Semiconductors.

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Cards Payments United States Maine 110

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. Our state and local partners are working tirelessly with the administration to flatten the curve and, therefore, we want to remove any impediments to response and recovery efforts.”.

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United States Security Maine Cards 173

PYMNTS

NOVEMBER 8, 2018

PNC Bank’s Treasury Management unit is testing a new solution to address card-not-present (CNP) fraud for commercial clients. 7) that it is piloting Dynamic CVV2 technology for commercial card customers. The company said in a press release Wednesday (Nov. “Almost all U.S. “Almost all U.S. Christopher Ward.

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Fraud Cards United States Online 116

PYMNTS

SEPTEMBER 18, 2017

According to a recent survey by Transaction Network Services (TNS), 85 percent of adults in the United States, United Kingdom and Australia believe fraud attempts on debit and credit cards are on the upswing. 70 percent | Percentage of respondents over age 45 who reported concerns about data security.

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Survey Security Data United States 117

PYMNTS

JULY 6, 2018

billion payment chip cards were shipped worldwide in 2017. While shipment volumes in China and the United States “continue to normalize,” contactless payment cards are more than 70 percent of shipments in “a growing number of territories,” the association said in an announcement.

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Cards United States America Payments 110

PYMNTS

JANUARY 28, 2021

Resolved: The highest priorities for banks and credit card companies in today’s payments landscape are cross-border payments, relationships with FinTechs and cloud-based technology. 27) that they have formed a global partnership that will deploy and expand TransferWise’s multi-currency debit cards and mark the first use of Visa Cloud Connect.

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Cards Marketing United States Fintech 180

PYMNTS

JUNE 13, 2019

billion digital records in the United States were compromised during the first half of 2018 – 291 records every second – with only six social media breaches accounting for more than half of all at-risk data. The Drawbacks of Complex Security. AI Solutions for Balancing Security and Convenience. More than 4.5

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PYMNTS

FEBRUARY 23, 2018

Citigroup disclosed in a filing with the Securities and Exchange Commission (SEC) on Friday (Feb. 23) that it uncovered “methodological issues” with how it calculates credit card interest rates and will offer “remediation” to those customers impacted by such calculations.

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Cards United States Regulation Taxes 109

PYMNTS

FEBRUARY 6, 2017

In one of the latest payment card data breaches reported affecting the hotel industry, InterContinental Hotels Group said that 12 hotels in the United States were compromised. Those cards had been used at food establishments, including restaurants and bars, and did not include cards used at front desks.

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PYMNTS

MARCH 18, 2016

The initial push by payments firm Square into Australia hit a rough patch after the security of its mPOS reader was scrutinized, as noted by The Australian. Though the device, designed for use in the United States, accepts chip cards, it was not set up with a PIN pad.

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Security United States Cards Payments 100

PYMNTS

FEBRUARY 10, 2020

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Biometrics are growing increasingly popular among credit card users.

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social media Colorado Louisiana Security 236

PYMNTS

JUNE 24, 2016

Oberthur Technologies (OT), a provider of embedded security software products and services, has rolled out a multi-payment dual interface card. This card, developed on OT’s Global Platform, is the first of its type that includes new features from both Visa and MasterCard. dual debit and prepaid migration.

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Cards Pennsylvania Payments United States 102

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. billion by 2025, with $1.6

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Payments Louisiana Colorado Security 272

PYMNTS

APRIL 10, 2017

An Inspector General (IG) report into the United States Postal Service’s (USPS) use of fleet cards has turned up some questionable practices and millions of dollars of questionable transactions, reports Friday (April 7) said. The report, which explored USPS fleet card use across the eastern area of the U.S.,

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PYMNTS

MARCH 13, 2017

Sift, a free application that ensures credit card customers reap the full benefits of their cards, announced a $1.5 The Sift app has an opportunity to turn the credit card experience upside down,” said Joe Montana, managing partner at Liquid 2 Ventures.

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PYMNTS

APRIL 28, 2020

Financial institutions (FIs) are now working to extend services into customers’ homes, for example, and consumers are making fewer credit card payments amid uncertainty over what their employment statuses and budgets might be when the bills come due. The Paytm cards can be used both in-store and online. Around the Next-Gen Debit World.

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Digital Banking Los Angeles Cards California 238

PYMNTS

APRIL 8, 2020

For all their shortcomings, paper checks provide a measure of comfort and security, especially in dealing with large sums. Yet, this sense of security is in many ways a false one. The Playbook focuses in particular on two types of innovations: virtual cards and eInvoices. Federal Reserve.

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Study United States Innovation Security 224

PYMNTS

JULY 14, 2016

Payments security is usually not a wellspring for belly laughs. In June, the company said that it is launching the next phase of its Security Pays initiative , which traces its genesis to August of last year and, at present, includes more than 1,000 of Vantiv’s partners around the United States.

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PYMNTS

NOVEMBER 16, 2020

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. Bank , one of the largest commercial banks in the United States. 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.

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Fraud Strategy social media United States 295

PYMNTS

JULY 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their bag of bad tricks online.

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Cards Fraud Regional Training 109

PYMNTS

JUNE 24, 2020

The United States economy is steadily reemerging from the COVID-19 pandemic-induced shutdown. 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.

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PYMNTS

OCTOBER 22, 2020

As has historically been the case with commerce security upgrades that roll in by government mandate, the path to European Union adoption of 3D Secure 2.0 That] keeps them from getting in trouble with the card brands, and obviously avoids the significant costs that come along with fighting, investigating and resolving chargebacks.

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Fraud Online Security Cards 221

PYMNTS

JUNE 30, 2017

FIS, the financial services technology, and Cardtronics, the ATM owner/operator, announced Thursday (June 29) plans to integrate FIS Cardless Cash access across Cardtronics’ ATM fleet in the United States. With the technology, consumers can access their funds and authorize how much to withdraw without needing a physical card.

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ATM Technology United States Security 117

PYMNTS

JULY 15, 2019

That fraud spans, among other methods, misuse of government credit cards and procurement payments, reported itnews.com. And when it comes to external fraud, 95 percent of external fraud can be traced to “one large entity” focused on payment card fraud. intentionally caused” the United States a tax loss of more than $1 million.

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Fraud Cards Taxes Payments 109

PYMNTS

SEPTEMBER 29, 2017

The EU’s PI licensing requirements are especially stringent, with strict requirements on PI infrastructure, shareholder qualifications, Know Your Customer (KYC) and AML policies and information security programs. To date, only 10 companies have obtained the license in Luxembourg.

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Security Payments Fintech United States 129

PYMNTS

APRIL 28, 2016

is soaring the global demand for smart payment cards by as much as 34 percent, a new Smart Payment Association (SPA) report has found. billion chip cards were supplied — of which, 570 million were shipped to the U.S., These figures demonstrate how EMV is now a truly global, established, secure and interoperable infrastructure.

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Cards Payments United States America 100

PYMNTS

JUNE 26, 2017

While data security these days is at a much higher scrutiny than possibly any time in the past, thanks to connected devices, some companies are unlocking their secrets. All reviews are being conducted by Russia’s Federal Security Service, which the U.S. claims by the Russia Federal Security Service.

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PYMNTS

DECEMBER 29, 2019

As online banking continues rapidly evolving , ahead of another anticipated round of funding next year, digital challenger bank Monzo remains in discussions to secure as much as £100m in upcoming weeks. million customers in 2019, offering those users a mobile app bank account and a distinctively-colored coral credit card. In the U.K.,

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