PYMNTS

DECEMBER 13, 2018

CUs are also actively communicating with law enforcement agencies, keeping regulators informed about suspicious activity, while receiving tips on noticeable trends that these same agencies are eyeing. Many members first engage with their CU through its website or other online portal. Add it all up, and that can be a lot to handle.

Regulation 135

Regulation South Dakota ATM New York City 135

PYMNTS

JANUARY 31, 2018

In online banking, 40 percent abandonment is … intolerable. As many as four in 10 consumers have at some point in their journey into online banking found the process frustrating enough to give up, as estimated by Signicat. And this has a significant impact to the user base as well, as more information is needed.”.

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Online Security Mobile Course 153

PYMNTS

MAY 7, 2020

Many are instead flocking to online gambling sites after the closure of all 989 commercial and tribal casino properties in the U.S. However, it can take a long time for online players to collect funds, unlike at casinos, where consumers can instantly collect winnings in cash. Enabling faster disbursement options in the U.S.

Online 142

Online New Jersey Pennsylvania Regulation 142

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. Both banks and regulators are re-examining how exactly SCA will affect the financial ecosystem.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

JULY 17, 2019

The deadline is looming for merchants and payments providers to comply with new requirements for authenticating online payments in Europe. Firms must soon put more stringent fraud decisioning processes in place, and strong customer authentication (SCA) protocols must be built into checkout flows for online transactions that begin in Europe.

Retail 162

Retail User Experience Compliance Regulation 162

PYMNTS

SEPTEMBER 29, 2020

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no exception. The true change merchants are facing is not in trying to stay on top of a spike in online users. Online Payments Drive Privacy Concerns.

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Payments Online Regulation Retail 172

Perficient

OCTOBER 1, 2024

However, rather than the same sign to be put online, the December 2023 rule established a new black and navy blue official digital sign shown below: Beginning on New Year’s Day 2025, banks will be required to display the FDIC official digital sign near the name of the bank on all bank websites and mobile applications.

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FDIC User Experience Mobile Meeting 193

PYMNTS

MAY 22, 2017

That depends, says counterterrorism and cybersecurity expert Richard Clarke, on what companies, banks and regulators are willing to learn from the incident. The good news is that roughly half (52 percent) of adults who conduct activities online use two-step authentication to protect their online information and accounts.

Regulation 116

Regulation National Online System 116

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. Boni added that the solution was integrated in SIA's infrastructures and will launch quickly to “ensure PSD2 compliance.” . billion.

Payments 165

Payments Compliance Fraud User Experience 165

PYMNTS

DECEMBER 29, 2020

Whether it’s simple online purchases or banking, or more complex areas like cryptocurrency or money laundering, Trevor Wingert , a senior know your customer (KYC) and anti-fraud solutions consultant for GeoGuard , told PYMNTS that rapidly changing use cases and technology highlight gaps in the current security approaches being used.

Fraud 270

Fraud Compliance cryptocurrency Security 270

PYMNTS

AUGUST 12, 2020

For online fantasy sports betting provider DraftKings — which went public in April even as world economies cratered — lockdown boredom and the absence of actual live sports to watch have created a perfect storm of opportunity. “We’re One of the things that we’ve focused on as an organization is a seamless user experience.

User Experience 225

User Experience New Hampshire San Francisco Oakland 225

PYMNTS

FEBRUARY 28, 2019

This means localizing their services and not taking a one-size-fits-all approach when it comes to payment methods and user experiences. Renting a room or home online — or through a mobile app — is familiar to consumers, who are used to browsing and booking listings with a few taps on their touchscreens.

Payments 183

Payments User Experience Training Case Study 183

PYMNTS

FEBRUARY 26, 2019

In the latest Mobile Order-Ahead Tracker , PYMNTS examines developments in the mobile order-ahead world, as well as how consumers are responding to new features and tools designed to augment users’ experiences for the better. The Tracker also looks at the security challenges that QSRs are tackling as they work to keep fraudsters away.

Fraud 186

Fraud Mobile Branding User Experience 186

PYMNTS

JUNE 17, 2019

Open Banking regulations and enable trusted third parties to access a customer’s data based on the account holder’s consent — a key step toward more digital payments innovation. You need incentives to swallow up the slightly clunky user experience,” she said. The discussion took place as more attention shifts to open banking.

User Experience 196

User Experience Examples Innovation Cards 196

PYMNTS

NOVEMBER 12, 2020

European tech firm SIA is forming a technological partnership with German software innovator INFORM to launch a digital service to speed up the authentication process for online payments across Europe. Boni added that the solution was integrated in SIA's infrastructures and will launch quickly to “ensure PSD2 compliance.” . billion.

Payments 130

Payments Compliance Fraud User Experience 130

PYMNTS

FEBRUARY 27, 2020

Such data sharing and partnerships enable service providers to augment their products for better user experiences, and increasingly, small businesses aren’t keeping quiet about their demands for richer banking services. Centsoft Integrates With QuickBooks Online.

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Fintech Fraud Data Lending 192

PYMNTS

FEBRUARY 2, 2021

And even before the coronavirus sent us all indoors and online, the advent of mobile handsets — ever cheaper and more affordable for large swaths of the population — and mobile networks becoming widely available in emerging markets represented such an event.

Mobile 235

Mobile Payments System Marketing 235

PYMNTS

OCTOBER 2, 2018

What would one say about a computer geek who said he could protect their online identity , and while doing do would make a bold move against the likes of Facebook and Google ? Technology that enables consumers to control their data as they shop, pay and perform other tasks online. As consumers become more cautious — cynical?

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Data Online Google social media 189

Insights on Business

APRIL 28, 2017

At the same time, regulators in many countries also have relaxed regulations to encourage innovation in the banking industry. Digital bank subsidiaries: Many banking innovators intend to create not only differentiated digital user experiences, but also a true end-to-end business model.

Digital Banking 171

Digital Banking User Experience Branding social media 171

PYMNTS

DECEMBER 10, 2020

KYC regulations require companies to prevent money laundering and protect themselves from being linked to criminal enterprises by accurately verifying their customers? Online account openings increased by as much as 15 percent when social distancing mandates were implemented. identities. . One study revealed that 73 percent of U.S.

Video 201

Video Digital Banking User Experience Tools 201

PYMNTS

NOVEMBER 17, 2020

and Republic of Ireland receivables finance programs can now be accessed online, hosted securely by HPD LendScape. With that migration, AIB's whole U.K. The new development comes from a management buyout by Souter Investments , a private equity-focused family investment office, and Manfield Partners Limited.

Payments 144

Payments User Experience Software Risk Management 144

Insights on Business

MARCH 26, 2018

A digital reinvention is underway in financial services, driven by the need for fraud prevention, personalized customer service, and the ability to keep pace with massive amounts of new regulations. Diamond pointed out that along with security and best-in-class user experience, a bank must play by the rules and maintain compliance.

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User Experience Compliance Maine Regulation 135

PYMNTS

JUNE 8, 2016

. “As financial institutions are required to open their accounts through new regulation, such as PSD2, it also shows how they can offer their customers new value-added services.”. For businesses, the solution enables regulated businesses to attract more customers online and provide great user experiences for customers.”.

User Experience 100

User Experience Regulation Software Online 100

Abrigo

JUNE 4, 2024

With the changing political landscape, new regulations, shifting demographics, and economic uncertainty, getting the most up-to-date information from bank and credit union industry experts and peers has never been more important. We are looking at everything from online account opening to our banking platform's user experience.

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Compliance Community Community Bank Conference 221

PYMNTS

APRIL 2, 2019

He pointed to his own firm — which, late last month, announced a deal with Tandem Bank to comply with PSD2 and enhance end users’ experiences, allowing developers to write to single APIs and access all banks. The user experience today, in authorizing online payments, crosses anywhere from five to 15 screens.

Software 165

Software User Experience Security Compliance 165

PYMNTS

JANUARY 7, 2021

Diego Tavecchia, a representative of the EU Federation for the Factoring and Commercial Finance Industry , told the outlet that the new regulations might categorize 15 percent to 20 percent of invoices for which factoring firms are responsible as defaulted, tantamount to as high as €25.5 billion ($31.3 billion) in soured debts.

Software 165

Software Chicago User Experience Online 165

PYMNTS

AUGUST 4, 2020

3) that it would work with Google to deliver “smart” digital bank accounts, using Google Pay as an app-driven way to broaden its digital reach and improve users’ experiences with their financial institutions (FIs). To that end, BBVA was one of six banks that said on Monday (Aug.

Google 298

Google Digital Banking Course Branding 298

PYMNTS

AUGUST 14, 2019

14 as part of the Payments Service Directive (PSD2), stands as one of the most comprehensive global efforts to bring more security to online payments and eCommerce – while also, at least ideally, reducing the friction that can alienate consumers from merchants, financial institutions and payment services providers. a password). a password).

Compliance 115

Compliance Tools Regulation Meeting 115

PYMNTS

JANUARY 7, 2021

Diego Tavecchia, a representative of the EU Federation for the Factoring and Commercial Finance Industry , told the outlet that the new regulations might categorize 15 percent to 20 percent of invoices for which factoring firms are responsible as defaulted, tantamount to as high as €25.5 billion ($31.3 billion) in soured debts.

Software 130

Software Chicago User Experience Online 130

PYMNTS

JUNE 29, 2017

Our market environment has become so much more complex because of the evolution of technology, regulation and data security. With the flood of payment processing data entering through a retailers point-of-sale system, whether that be in the store or online, more consumer data is being collected today than in the pre-Internet era.

Payments 143

Payments Retail Branding User Experience 143

PYMNTS

SEPTEMBER 2, 2019

There are a lot of possibilities here, and both Facebook and the Association plan to work with regulators to help address all of their concerns before Libra will be ready to launch. On the other hand, “terrible idea” is just about the nicest descriptor regulators in the U.S. and around the world have had about this project.

Payments 205

Payments Apple New York City Retail 205

PYMNTS

JULY 24, 2019

and less than seamless online presence are at an inherent disadvantage when it comes to catering to the needs and desires of an ever-younger population used to technology. Big Tech is good at promoting, designing and improving the user experience, he said. But legacy FIs, he said, do have a significant weapon at hand.

Digital Banking 160

Digital Banking UX Online Innovation 160

PYMNTS

MARCH 3, 2017

Overview: Join Hannah Preston, Solution Strategist, Payment Security Division, CA Technologies and Karen Webster, CEO, Market Platform Dynamics, on Thursday, March 30th, at 1:00 PM (EST), to learn how authentication is evolving; how it could transform your security and user experience; and how you can tackle the choices and consequences.

Security 100

Security CA Customer Experience User Experience 100

PYMNTS

DECEMBER 6, 2017

Maybe you happen to be carrying cash that day, but even if you’re able to hand over a crisp $20 bill to cover the cost, the experience has certainly created friction. Online, there’s no cash to fall back on. User experience is more than a buzzword, van Hoek said. Without it, how will you pay for your meal?

Payments 139

Payments User Experience Innovation cryptocurrency 139

PYMNTS

JANUARY 28, 2019

Once the account fills up with V-bucks, it is then sold through a legitimate vendor like eBay, or on the dark web, for lower rates than the $10 for 1,000 gamers will get in the game or through an authorized online store. And Mastercard wasn’t the only big brand feeling the sting of European regulators wrath. Alphabet Inc.’s

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Video Data Google Cards 128

PYMNTS

APRIL 11, 2018

At its foundation, he said, KYC deals with regulated use cases, transactions, entities, people or accounts, for the primary purpose of trying to keep the bad guys at bay, keep things like money laundering in check and fight terrorism. I think that was true until this initiative, with the mobile carriers kind of popping up – and now we have 4.5

Mobile 101

Mobile Online Regulation Tools 101

PYMNTS

JANUARY 22, 2020

For others, like NatWest and Sabre , that means collaborating on corporate card products that augment the end-user experience. Below, PYMNTS examines the latest in commercial card innovation, regulation and disruption. Visa, Sabre Pair For Virtual Travel Cards. NY Labor Department Secures Payroll Card Win.

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Cards New York Lending Strategy 131