PYMNTS

MAY 8, 2020

And the challenges — particularly the security challenges — existed both for the digitally native firms that suddenly found their services in-demand and rapidly scaling, as well as the Main Street SMBs that were forced to make the great digital leap forward.

Security 186

Security Fraud Tools Maine 186

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.

Fraud 157

Fraud Security Regulation cryptocurrency 157

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.

Maine 130

Maine ATM Innovation Millennials 130

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?”. Going on the Offense. As Fabara told Webster, it’s a “when,” not an “if.”. “If

Security 168

Security Fraud Risk Management Payments 168

PYMNTS

JULY 25, 2017

Within the retail industry specifically, artificial intelligence (AI) is moving the ball for a lot of merchants looking to not only streamline their business operations but provide a more personalized experience for consumers. Technological advances are pushing the boundaries for what’s possible in a variety of industries.

Fraud 196

Fraud Online Retail Maine 196

PYMNTS

DECEMBER 7, 2018

Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019 is being called to account by government officials, regulators or media about a failure to secure their organizations from cyberattacks. and other places.

Payments 240

Payments Tools Security Regulation 240

PYMNTS

JULY 30, 2019

He will also be the main contact person for the regulatory agencies tasked with oversight of Visa in the more than 200 countries in which it operates. Fabara will also be a big part of Visa ’s payment security initiatives moving forward, and will work on strategies to ensure the security of the future of payments for the company.

Strategy 174

Strategy Operations System Security 174

PYMNTS

SEPTEMBER 23, 2020

He explained that the cloud can help FIs swiftly respond to compliance and security challenges during the pandemic. With regulations governing open banking, [like] PSD2, and storage of data, [like] GDPR, we now have an even stronger case to securely open our systems to external partners,” Schmidt said. Security Takes Center Stage.

Compliance 225

Compliance Regulation Guidelines Security 225

PYMNTS

JULY 1, 2020

Or that, on average, 15 percent of an FI’s annual operating costs go toward maintaining core banking systems that are outmoded? Is it surprising to know that 55 percent of legacy financial institutions (FIs) report lacking maturity in core systems? It’s true, but not for long.

System 268

System Digital Banking Tools User Experience 268

Perficient

DECEMBER 28, 2020

So below are the Criteria for Selecting Mobile Application Testing Tools For Your Business: Supported Platforms : Selecting a tool that supports your target operative systems, their completely different versions, and its hardware configurations may be a must. Don’t select a tool that supports only 1 platform like iOS.

Tools 309

Tools Mobile Resources Management 309

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.

Analytics 266

Analytics Fraud ATM Report 266

PYMNTS

NOVEMBER 3, 2020

Critics have charged that the company’s main purpose is to sue big companies for infringing on patents that it owns. national security.”. "On 1), the tech giant referred to the possible effects of legal proceedings and global regulations and how those could impact its operations and financial conditions.

Apple 226

Apple Nevada Texas Maine 226

PYMNTS

MAY 1, 2020

have passed laws or implemented programs over the past two years to put more focus on digital banking and data security, fundamentally changing how online transactions work. with ease, control and security.”. This also makes data security critical, though, because banks must protect growing volumes of personal information.

Innovation 245

Innovation Regulation Digital Banking Security 245

PYMNTS

AUGUST 10, 2020

Meanwhile, several cryptocurrency exchanges are in hot water over reported failures to make sure their user funds are totally secure, according to a report from exchange security firm Taurus Group , CoinDesk reported. Crypto exchanges usually operate through multiple security keys so that no one entity has total control.

Bitcoin 190

Bitcoin cryptocurrency blockchain Security 190

PYMNTS

SEPTEMBER 29, 2020

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. The company is also evaluating secured credit card concepts, too, as an adjacent ancillary offering.

United States 286

United States Regional America Trends 286

South State Correspondent

JANUARY 17, 2024

Not All Bank Products Are the Same One of the main findings of the study is that the liability side drives most of the cross-sectional variation of bank value. One tactic is to utilize other products to support the main value drivers. The answer is – most likely. While some banks do, many do not. The same goes for transaction accounts.

Study 195

Study Maine Analytics Capital 195

PYMNTS

AUGUST 21, 2020

Plus, Amazon has put some hiring on hold for its Alexa operation. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. Jim Cunha, senior vice president of secure payments and FinTech at the Federal Reserve Bank of Boston, tells Karen Webster why the Fed is working with MIT to explore digital dollars.

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

PYMNTS

NOVEMBER 2, 2020

APS Payments , which works in omnichannel B2B payments, is integrating tech with enterprise resource planning (ERP) product Sage X3 to allow for quick and secure payments, according to a press release. And with APSPays Vault, companies can store information securely and access reporting tools for reconciliation.

Payments 186

Payments Tools Maine Resources 186

PYMNTS

OCTOBER 30, 2018

A consumer’s sense of security and trust can be a funny, even unpredictable thing, especially when it comes to payments, banking and commerce. Good UX vs. Security. They don’t necessarily have a [deep] security background. They might want to innovate, but take shortcuts on security.” Trust Advantage.

Mobile 184

Mobile UX Security Fintech 184

PYMNTS

APRIL 23, 2020

More banks are therefore moving away from legacy core systems to embrace cloud-native architectures to power automation and meet the speed expected by consumers, securely. Making sure customers can access banking services with ease is crucial — but so is keeping those services secure.

Digital Banking 262

Digital Banking Security Innovation Google 262

PYMNTS

JANUARY 26, 2021

In other news, European FinTech SIA is partnering with WizKey to create a platform to allow credit negotiations on blockchain for banks, financial operators and funds, according to a press release.

blockchain 244

blockchain Guidelines cryptocurrency Marketing 244

PYMNTS

APRIL 2, 2020

Security is an ongoing concern as well, with countless fraudsters set on hacking CUs to obtain customers’ data. One of the things that we often say is that we always have to be mindful of protection and security,” Anderson said. CUs need to ensure that their operations are secured if they want to maintain member loyalty.

United States 174

United States Security Innovation Mobile 174

PYMNTS

MAY 24, 2019

It has also raised concerns among privacy advocates and security experts, with many warning against the dangers of weak security protocols and constant vigilance. Currently, Express Logic operating systems are installed in 6.2 As the use of IoT devices grows, security concerns are continuing to plague the industry.

California 188

California San Francisco Charlotte Security 188

PYMNTS

JANUARY 13, 2021

The main story the data is now telling, Phalen said, is that the digital transformation we’ve seen over the last several months isn’t a flash in the pan or a phase. It found top-performing merchants distinguish themselves by offering many digital features while also prioritizing customers’ convenience and security. The Road Ahead .

Tools 215

Tools Data Meeting Maine 215

PYMNTS

JANUARY 21, 2021

Financial institutions (FIs), FinTechs and other businesses that are looking to enable these rapid payments must therefore ensure that their security and fraud-fighting approaches are up to the challenge. Stronger security strategies and solutions could help turn the tide and boost adoption. Recent surveys found that 38 percent of U.S.

Fraud 231

Fraud Security Payments United States 231

PYMNTS

JULY 16, 2019

Banks are innovating their application programming interface (API) platforms to allow for more third parties, while online merchants are prepping for a potential loss in revenue due to the security frictions that SCA might bring. For other companies, GDPR is the main concern as they move to expand operations within Europe.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

DECEMBER 30, 2020

The Singapore-based company will use the investment to expand its operations across Asia as it focused on SMBs with technology to boost transparency and control over employee expenses. Italy's Deliveristo secured a $5.51 In addition to global expansion, the company said it plans to invest in its own infrastructure, reports said.

Capital 211

Capital Management Operations Security 211

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. Comprehensive management systems with advanced telematics are all the more important for optimizing fleet operation expenses for growing businesses. percent by 2025.

Cards 159

Cards Fraud Operations Management 159

PYMNTS

JUNE 29, 2020

While some cryptocurrencies, such as security tokens, are regulated by European law, most stablecoins, are not, CoinDesk reported. Lack of legal certainty is often cited as the main barrier to developing a sound crypto-asset market in the EU,” Dombrovskis said.

cryptocurrency 221

cryptocurrency Regulation Bitcoin Maine 221

PYMNTS

DECEMBER 23, 2020

“I got my first bank account at 14 from Wells Fargo, and it's still my main account today,” MacDonald said. But it also has to be something that parents see as trustworthy, secure, stable and likely to promote financial literacy. More than a half-million users signed on within the first six weeks of operation.

Fintech 322

Fintech Cards FDIC Lending 322

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. A convenient, yet secure solution could be just a few taps away, however.

Online 272

Online Report Customer Experience Analytics 272

PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

Innovation 174

Innovation Retail Maine Security 174

PYMNTS

JUNE 22, 2020

The company’s second product addresses the main concern with cashierless technology, which is shrinkage. By detecting behavioral anomalies, CartWatch provides a strong layer of security for mobile checkout. The goal of the platform is to provide three main things,” Golan told PYMNTS. percent), have shorter lines (34.7

Retail 212

Retail Mobile Technology Maine 212

PYMNTS

MARCH 9, 2020

The CEO of the Securities Industry and Financial Markets Association (SIFMA), Kenneth Bentsen Jr., The regulators involved include the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC) and the Financial Industry Regulatory Authority (FINRA). New York Gov.

New York 154

New York Regulation Meeting Industry 154

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. Around the Payments and the Platform Economy.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

JUNE 27, 2020

Because while all kinds of restaurants have taken this opportunity to reconsider their operations and the role digital will play, things like delivery, contactless payments and app-based orders get absolutely no points for creativity at this stage of the game. Really, really inventive. At H.A.N.D.

Los Angeles 311

Los Angeles North Carolina Innovation Pennsylvania 311

PYMNTS

APRIL 24, 2018

Companies recognize the need for IoT security, but few are acting on those concerns. Despite the security risks, the popularity of IoT seems unlikely to abate. Despite the security risks, the popularity of IoT seems unlikely to abate. You want to change your operations? A Look Around the IoT World.

Trends 199

Trends Security System Technology 199