Payments laws apply to online games, CFPB says
Payments Dive
JANUARY 13, 2025
Video game companies that operate online gaming platforms must comply with the Electronic Fund Transfer Act, the agency said.
This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Payments Dive
JANUARY 13, 2025
Video game companies that operate online gaming platforms must comply with the Electronic Fund Transfer Act, the agency said.
Perficient
DECEMBER 30, 2020
Other companies who were late to creating digital customer experiences suffered as people stayed away from traditional stores and shopped online. But even the best companies struggled to keep customer satisfaction levels high during 2020. The largest online retailer – Amazon – had a 7% decline in satisfaction.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Perficient
NOVEMBER 5, 2020
I recently had the pleasure to host a virtual roundtable with a couple dozen senior executives from Global 2000 B2B manufacturing companies. Most manufacturers had it in their ‘near-term’ plan, but COVID-19 has accelerated companies to prioritize it now. Is COVID-19 a wake-up call to ignite change in slower adoption companies?
PYMNTS
SEPTEMBER 18, 2020
Online marketplaces are the digital storefronts helping small to mid-sized businesses survive — but adding real-time settlement into the mix can help them thrive. And 60 percent of surveyed firms selling across online marketplaces would take their business to one that offers real-time settlement.
Advertiser: ZoomInfo
The fight to find new customers and retain existing ones is the biggest business challenge for many companies. In 2022, as companies continue to move more functions online, employees will take a more virtual -- and flexible -- mindset and lifestyle in parallel to the digitization of businesses.
PYMNTS
JANUARY 25, 2021
And those three years have given rise to a slew of new companies capitalizing on that initiative all over the world, as well as established companies making their mark. PayDirect is higher-converting, primarily because it just has a much better UX (user experience) than online card payments or bank transfers,” he explained.
PYMNTS
DECEMBER 4, 2020
The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. Because of the pandemic, shoppers shifted to online shopping for both discretionary goods and everyday spending. Morgan, said in a blog post on Friday (Dec.
PYMNTS
JANUARY 12, 2021
Salesforce is rolling out a new product to let B2C and B2B companies easily add loyalty programs at a time when the company says online holiday retail sales grew 50 percent to top $1 trillion. 12) in unveiling the company’s new Loyalty Management product. 12) in unveiling the company’s new Loyalty Management product.
PYMNTS
JANUARY 6, 2021
Soon, you might be able to bet on it…literally, online and through mobile means. (OK, According to reports, Cuomo is set to unveil the proposal to legalize online gambling (he also seeks to legalize marijuana) in his state of the state address that is scheduled for next week. Bet on New York emerging a bit more flush from the pandemic.
PYMNTS
OCTOBER 15, 2020
Even online merchants who offer customers extended warranties at the time of sale traditionally see about a 4 percent or 5 percent conversion rate. PYMNTS’ Retail Product Insurance Study found just such growing interest in extended warranties among some 2,700 online shoppers surveyed. Simplicity Sells.
PYMNTS
DECEMBER 9, 2020
The app-based tool gives salon customers the ability to book their appointments online and also issues reminders. Square just teamed up with DoorDash to give online merchants the ability to fulfill orders with on-demand deliveries.
PYMNTS
JANUARY 19, 2021
Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. But this migration wasn't merely about digitizing what had previously been analog and manual sales and purchasing tactics for distributors, manufacturers and other B2B companies.
PYMNTS
DECEMBER 23, 2020
We’re all consumers of media, of content, of subscriptions — and we do it all online, which means we pay for it all online. Merchants can change on a dime, really, and go out and make an adjustment to how they're going to conduct eCommerce and accept payments either online or in the physical space," said Evans.
Perficient
JULY 8, 2020
Recently, Built In Boston , a well-known online tech community, profiled our own Vice President of People, Andrea Lampert, SPHR, to get her take on how companies can continue to build a culture while working remote that will last for the long-term. Don’t let proximity keep you apart. ” Hats off to this crew!
Perficient
JANUARY 5, 2021
Over this past year, we have seen a great amount of customer influence introduced and reinforced with our online commerce experiences. Digitalization of online shopping experiences is at the greatest it has ever been, especially the emphasis on creating a safe and exceptional space for customers to shop.
PYMNTS
NOVEMBER 24, 2020
Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. California-based automaker Tesla is one company that has witnessed the merits of offering 2FA for its car owners.
Payments Dive
JANUARY 4, 2021
He founded and led AccountNow, the first online D2C prepaid debit card company in the U.S., Matt Montes is U.S. general manager at Paysend and has nearly 30 years of financial services experiences, most recently serving as president of Catalina Card Services. which was acquired by Green Dot Corporation.
PYMNTS
JANUARY 20, 2021
Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues Wednesday, led by a 50 percent increase in its online sales. In particular, the company is linking its continued growth with what it calls “constructive disruption.”. “We
Perficient
JANUARY 12, 2021
Consumers are looking for online buying processes that are easy and can provide opportunities to search, learn, and purchase products without and roadblocks, especially during COVID-19. Take MTailor , a company that created a mobile app experience to be your digital tailor. So, is this the year of AR breakthrough?
Payments Dive
JUNE 26, 2023
The fee, paid by guests making orders of $10 or higher, will help fund Toast’s product investments and innovation, the company said.
Perficient
FEBRUARY 10, 2021
B2B online ecommerce sales have already surpassed B2C online ecommerce sales , and although B2B is still a less adopted and established market compared to B2C business models, it doesn’t change buyer expectations. However, B2B online sales are going to continue to increase in years to come. PIM is the foundation.
Perficient
FEBRUARY 11, 2021
PIM Companies are Quickly Adopting and Integrating with AI platforms. Detail Online Acquired by inRiver. Our PIM partner inRiver has recently acquired automated intelligence and analytics platform, Detail Online. With the landscape of PIM rapidly changing, this opportunity comes at just the right time.
Payments Dive
JANUARY 12, 2021
Is your company assessing online fraud with a deterministic approach or a probabilistic approach? Beth Shulkin, VP of Global Marketing at Ekata shares her view on the best way to assess fraud risk in the payments landscape today.
Perficient
JANUARY 24, 2023
In this blog, we will look at how a non-banking company can offer bank-like perks to its clients and workers. When a non-financial firm offers embedded banking, they offer a branded checking account to hold funds and make payments for the betterment of the company and its clients or workers. Consider the evolution of eBay.
Perficient
JANUARY 28, 2021
Creating strong passwords is a great first step to securing your data and maintaining your privacy online. Threat actors have been taking advantage of the uncertainty and stress surrounding COVID-19 to trick employees into divulging sensitive information and sending company funds to fraudsters. Let’s get started!
Chris Skinner
MAY 20, 2020
Things we’re reading today include … Coronavirus: World Bank warns 60m at risk of ‘extreme poverty’ Fiserv’s First Data pays $40 million to settle FTC charges it aided merchants’ fraud Boom for payments companies as crisis forces shoppers online Covid-19 a ‘wake-up call’ to build fairer society, says (..)
Perficient
AUGUST 26, 2020
Businesses must adapt to other digital methods to differentiate from the competition and successfully make sales online. Salespeople must now switch their traditional selling methods to digital and help their customers through an online buying journey. Turn Salespeople Digital. Personalize the Customer Experience.
Perficient
FEBRUARY 16, 2021
Adidas went all in with their digital experience because they noticed online sales were increasing. These are just two examples of major companies transforming their digital experiences. The shoe conglomerate invested heavily into data insights and user engagement analytics and created tailored-to-fit messaging for customers.
Perficient
AUGUST 14, 2020
We love to use our CX strategy, design, and development expertise to help companies achieve their goals and engage with their customers. The award-winning microsite features a 3D virtual home that online visitors can explore to learn about opportunities to save money and energy.
PYMNTS
SEPTEMBER 30, 2020
GDP was growing at a healthy clip, and most companies — large and small — saw the trends of top-line and bottom-line growth as set. The great digital shift, to life lived online, was and is seismic in scope. PYMNTS research shows that as many as 144 million individuals have shifted to shopping online, and the change may be permanent.
PYMNTS
DECEMBER 18, 2020
Digital trust-and-safety company Sift said that 2020 has been a “banner year” for online shopping sales, but that scammers have modified their approaches to take advantage of the boom, according to an announcement.
Perficient
OCTOBER 23, 2020
It goes without saying that this year will be different in the midst of the COVID-19 crisis, and you already know the impact the pandemic has had on consumers and how they purchase, with many turning to online channels for items that they typically may have purchased in-store. Transparency, Transparency, Transparency.
PYMNTS
JULY 14, 2020
When consumers fled to online shopping options in Q2, many businesses weren’t set up for digital-first commerce, but quickly figured it out. If you are an offline business that isn’t figuring out how to develop an online offering, you will likely be left behind by competitors.”. This, too, is likely here to stay.
Perficient
FEBRUARY 1, 2021
Even though nearly 70% of consumers prefer to use chatbots, many automotive companies aren’t yet embracing this technology. While there are OEM-to-dealer complexities to consider, this AI advancement can help solve challenges automotive companies and their customers face every day. Online Purchase Completion. Recall Information.
Perficient
AUGUST 10, 2020
But does this get carried over online? We’re talking about Fortune 100 companies with names that everyone would recognize — Home Depot, Comcast, Walgreens, Amazon, Ford — these are household names. That’s the type of company we’re talking about. Large brands usually have a great offline presence. award-winning?Here’s
Bank Innovation
JANUARY 2, 2020
Billionaire Jack Ma’s Ant Financial has applied for a digital banking license in Singapore, as China’s largest online financial platform steps up efforts to expand outside the mainland. We look […].
Perficient
MARCH 1, 2021
Today, Perficient colleagues are excited to welcome 25 new women to the tech industry as the first Perficient Bright Paths training program kicks off at an online pop-up campus in Detroit! See open jobs or join our talent community for career tips, job openings, company updates, and more!
Perficient
AUGUST 19, 2020
That expertise translated easily into his work on the shelter’s website, where he’s been able to streamline the website and move their operations online. Some folks have even expressed interest in our puppies and I think it is great to see that level of support from my co-workers in the company,” he adds.
Perficient
SEPTEMBER 30, 2020
That’s pretty fast, with more than three-quarters of companies able to literally change their business within weeks. ” As you can see, the top two responses are “There will be a Cyber Quarter” at 41%, and “People will do most of their shopping online instead of in-store” at 40%. Check all that apply.”
Perficient
JUNE 25, 2020
Though COVID-19 has moved the program online, the fourteen interns and new hires in the Atlanta-based Sitecore Business Unit are still taking advantage of this opportunity and trying to get the most out of the ten-week, intensive training Corporate Onboarding Boot Camp. New Colleagues Reflect on their First Weeks at Perficient.
PYMNTS
JUNE 26, 2020
Consumers are shopping online more, going to ATMs and using cash less, and showing an increased preference for contactless payments – and McNicoll thinks much of this shift will be permanent. With this [change], we’ll see more competition in the online arena, with larger brands coming in and competing directly,” he said.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content