PYMNTS

MAY 8, 2020

For companies like Fiserv, Fidelity National Information Services (FIS), PayPal and others, selling terminals, offering payments platforms and designing checkout buttons, top and bottom lines were poised to move up and to the right. Earnings reports from those companies show just how abruptly things have shifted. Setting The Stage.

Report 245

Report Online New Jersey Conference 245

PYMNTS

JULY 31, 2020

the San Francisco-based online bank, had the last laugh. On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. Varo is the first consumer FinTech to receive a new national bank charter from the U.S. Varo Bank N.A. Varo Bank N.A.

National 172

National Fintech San Francisco Connecticut 172

PYMNTS

DECEMBER 26, 2018

A 2017 Annual Cybersecurity Report (ACR) from Cisco found companies that suffer a data breach could have customer, opportunity and revenue losses exceeding 20 percent. According to Robert Ackerman, Jr., ” Those cyberattacks cost companies in all areas. Ransomware attacks come in waves, and the next one is due.” ”

National 192

National Washington Data Security 192

PYMNTS

DECEMBER 9, 2020

In today’s top news, cybersecurity firm FireEye announced that it had been hacked by a suspected nation-state, and PayPal’s iZettle added QR code payments to its POS app in the U.K. Cybersecurity Firm FireEye Hacked By Suspected Nation-State. NEW REPORT: The Banks’ How To Guide To Using AI To Manage Credit Risk.

National 204

National Payments Tools Resources 204

PYMNTS

DECEMBER 14, 2020

Consumers across the nation have instead hunkered down at home, working, socializing, shopping and paying online. So-called “office workers” no longer commute to offices or work traditional 9-to-5 jobs, and most Americans no longer spend their weekends shopping, gathering or attending leisure events as they once did.

Millennials 278

Millennials Report Examples Groups 278

PYMNTS

SEPTEMBER 13, 2020

Europe's biggest banks have called on the European Commission to implement tough regulations for cryptocurrencies, such as stablecoins, that would protect consumers and preserve state sovereignty in monetary policy, Reuters reported. The association declined to comment, Reuters reported. In a joint statement Friday (Sept.

cryptocurrency 363

cryptocurrency Regulation Policies Conference 363

PYMNTS

NOVEMBER 13, 2020

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

Online 214

Online San Francisco Trends Marketing Strategies 214

PYMNTS

SEPTEMBER 28, 2020

The Centers for Disease Control and Prevention ( CDC ) has some advice for holiday shoppers who prefer brick-and-mortar stores to online shopping: avoid crowds. The CDC suggested shopping online rather than in person on Black Friday or the days that follow. On the same days, Target is offering its own Deal Days, CNBC reported.

Online 168

Online Guidelines National Examples 168

PYMNTS

NOVEMBER 25, 2020

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Plus, N26 is launching a subscription-based online banking suite.

National 161

National Fintech US United States 161

Bank Innovation

SEPTEMBER 1, 2017

India may overtake China as the world’s leader in fintech service adoption, according to a report released by Ernst & young, entitled EY FinTech Adoption Index 2017.

Fintech 319

Fintech National Report Payments 319

PYMNTS

JULY 21, 2020

Many nations in the region are thus examining their open banking proposals to ensure they address this behavior. The report also analyzes how such rules are likely to change in the next several years as the health crisis alters the region’s online banking adoption and digital payments volumes. Around The Data Protection World.

Mobile 229

Mobile Report America Regulation 229

PYMNTS

AUGUST 13, 2020

The Philippines government has confirmed that Christopher Bauer, a former executive of the bankrupt German payments company Wirecard AG , has died, Reuters reported. . He was part of an ongoing probe by the National Bureau of Investigation and the Anti-Money Laundering Council. .

Report 157

Report Operations Online Fraud 157

PYMNTS

SEPTEMBER 25, 2020

And as PYMNTS has previously reported , the Boston Federal Reserve has been working with the Massachusetts Institute of Technology to explore tech infrastructure. Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation.

Cleveland 330

Cleveland Massachusetts Boston Survey 330

PYMNTS

DECEMBER 16, 2020

Amid the commission caps, and amid the pandemic’s tailwind that has spurred a great digital shift toward food delivery through online channels – might eateries and aggregators be partnering to navigate a post-COVID future? To that end, as reported on Wednesday (Dec. To that end, as reported on Wednesday (Dec. percent and 37.6

National 160

National New York City Policies New Jersey 160

PYMNTS

SEPTEMBER 23, 2020

Senior citizens are the demographic group most vulnerable to identity fraud, as they are often not as digitally savvy as their younger counterparts nor as adept in online security best practices. British banks spend upward of £6.7 billion ($8.9 For more on these and other financial crime news items, download this month’s Playbook.

Technology 208

Technology Report Fraud Study 208

Perficient

FEBRUARY 10, 2021

Make scheduling COVID-19 vaccination appointments an easier experience online and offline. The idea is that, if they were using your online scheduling functionality on your website before or during COVID, they will be using it to schedule their vaccinations. There’s still a bit of mythology around digital usage by older consumers.

New York City 484

New York City social media Community System 484

PYMNTS

JANUARY 1, 2021

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The proposal also mandates more disclosure on "online advertising and on the algorithms used to recommend content to users.". The acts had been widely anticipated and give new frameworks for commerce and content.

Regulation 352

Regulation social media Course Apple 352

PYMNTS

JULY 1, 2020

A group of big European banks is planning to challenge Visa ’s and Mastercard ’s positions as the world’s two largest payment processing networks, Electronic Payments International reported. . The launch, first reported by Les Échos, is expected to be revealed by the 24 banks as early as Thursday (July 2). .

System 327

System Payments Cards Groups 327

PYMNTS

DECEMBER 17, 2020

Salon division was among the first Citi customers to go online with the offering, according to a Thursday (Dec. For businesses, the card provides centralized reporting that brings different data sources together into one management dashboard. Kao EMEA's U.K. 17) announcement.

Cards 181

Cards Report Mobile Resources 181

PYMNTS

JULY 26, 2020

Since its debut four years ago, India’s Unified Payments Interface (UPI), the instant payment system developed by the National Payments Corp. of India (NPCI) that facilitates inter-bank transactions, has propelled the growth of online payments, the Financial Times (FT) reported.

Payments 309

Payments Mobile Analysis Google 309

PYMNTS

OCTOBER 15, 2020

The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or other participants in the sale process and providing false instructions that dupe purchasers into wiring funds to the criminals’ accounts, CNBC reported Thursday (Oct.

Fraud 162

Fraud Report America California 162

PYMNTS

SEPTEMBER 16, 2019

This report — the third in our annual series — shows the results of a national study of 5,000 U.S. In 2019, 31 percent of all consumers reported that they owned at least one voice-activated device, up from 14 percent in 2017. Download the free How We Will Pay 2019 report, a PYMNTS and Visa collaboration, here.

Report 188

Report Study Meeting National 188

PYMNTS

APRIL 27, 2020

As the coronavirus shows no signs of abating, customers are opting to make their purchases without setting foot in stores, CNBC reported. The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported.

Dallas 258

Dallas US Retail Texas 258

PYMNTS

NOVEMBER 25, 2020

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. Old Navy continued to experience meaningful acceleration in its online business as strong customer response to product was further bolstered by compelling and relevant digital marketing investment,” management said. said Tuesday (Nov.

Online 170

Online Branding Retail Management 170

Bank Innovation

OCTOBER 12, 2017

The People’s Republic of China will likely re-legalize cryptocurrency trading, ending its nation-wide ban on crypto exchanges from early September, as reported by cnLedger, a well-known source on cryptocurrency news in China.

cryptocurrency 268

cryptocurrency National Report Bitcoin 268

PYMNTS

DECEMBER 11, 2020

The physical stores still lead, but as the latest PYMNTS latest Omnichannel Grocery Report demonstrates, a growing majority of consumers buy at least some of their groceries online. consumers who buy groceries report purchasing them in-store, but 63.9 percent make at least one of their routine grocery purchases online.

Study 240

Study Online Cards National 240

PYMNTS

JANUARY 8, 2021

The Cyberspace Administration of China is considering a revamping of internet oversight regulations, rules that have not been updated in more than 20 years, according to a Reuters report on Friday (Jan. It said it is striving to protect people’s rights and interests and safeguard national security.

Online 171

Online Regulation Maine National 171

PYMNTS

MAY 1, 2020

With its walk-in business taking a large negative hit due to the coronavirus pandemic and stay-at-home orders, MoneyGram reported 57 percent digital transaction growth for the first quarter of 2020. All told, MoneyGram reported revenues of $290.9 However, Holmes said the company’s digital business kept performing very well.

Online 249

Online National Marketing Report 249

PYMNTS

MAY 19, 2020

in January accidentally exposed personal information about 250,000 of its customers that could have been accessed by anyone, The Hacker News reported. based in Sao Paulo, inadvertently left hundreds of gigabytes of its customers’ personal and payment-related information publicly available online. Natura & Co.

Data 234

Data Branding National Report 234

PYMNTS

NOVEMBER 30, 2020

Black Friday shoppers stayed home, delivering a feared blow to brick-and-mortar retailers on what usually is one of their biggest days of the year, the Financial Times (FT) reported. About half as many shoppers as usual visited brick-and-mortar retail locations, the report stated. They’re not going to make it up online.”.

Retail 209

Retail Online Video Analysis 209

PYMNTS

SEPTEMBER 21, 2020

To that end, and as reported by BuzzFeed , documents submitted by banks to the U.S. The documents, officially known as suspicious activity reports (SARs for short) show that the banks had filed more than 2,000 reports across the past 17 years. In one example, reported on Monday (Sept. billion in fines.

Fraud 347

Fraud Report System FDIC 347

Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. As reported by the World Bank, in 2021 the GDP of The Bahamas was $9.91 Let’s start with a checklist: Toes in the sand? Drink in the hand?

cryptocurrency 472

cryptocurrency Regulation Conference Taxes 472

Perficient

JULY 11, 2022

When online shopping, if a retailer has a partnership with a BNPL platform, the customer can choose it as their payment method when placing their order at checkout. Affirm says on its website that it sometimes reports users’ payment history to Experian, and it “may report loans with delinquent payments.”

Fintech 474

Fintech Trends Apple South Dakota 474

PYMNTS

JUNE 8, 2020

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. In addition, Buonomo said digital currencies, especially central bank digital currencies (CBDC) may eventually be able to replace all bank accounts.

blockchain 338

blockchain cryptocurrency Maine National 338

PYMNTS

AUGUST 17, 2020

Analysts reported that physical retail sales, seasonally adjusted, were up 2.7 The Census will release its Q2 eCommerce sales results today, but we’ve been using our own methodology to forecast eCommerce sales for some time, given the lag in Census reporting. CPG Goes Online — And To Auto-Refill. percent growth in June.

Retail 335

Retail Branding Online Report 335

Perficient

JANUARY 28, 2021

Creating strong passwords is a great first step to securing your data and maintaining your privacy online. In fact, it has been reported that a staggering 9 out of 10 coronavirus-related domains are scams. (We encourage you to share this blog with family and friends who might be unaware so they can protect themselves, too!).

Data 535

Data Security Software Community 535

PYMNTS

APRIL 9, 2020

The Wall Street Journal reported this week that a quartet of the biggest “iBuyers” within real estate — firms that buy properties, fix them up (if needed) and resell them, typically via platform models — stopped buying homes late last month as the economy hit the proverbial wall. The housing market depends on the sanguine attitude of the U.S.

Online 181

Online Colorado Metro Study 181