PYMNTS

JANUARY 17, 2017

And for that reason, credit bureaus, financial institutions and even eCommerce sites find they must look elsewhere for verifiable data or risk overlooking good but “thin-filed” consumers, including millennials. Is the phone number the future SSN?” People give out their mobile numbers right and left, so everyone knows it.

Numbers 45

Numbers eCommerce Compliance Accounting 45

PYMNTS

NOVEMBER 14, 2019

Customers want speed and security when transacting online or with various FIs and merchants. 2.5M: Number of Americans affected annually by fraudsters using identities belonging to the deceased. 24 percent: Share of Asia-Pacific banks that cite managing KYC compliance as a top challenge.

eCommerce 43

eCommerce Compliance Securities Banking 43

PYMNTS

MARCH 17, 2016

Sage Pay is taking its partnership with a voice services company to a more secure level. “Aeriandi and Sage Pay’s portfolios of secure voice and eCommerce solutions complement each other extremely well, making this partnership a natural fit,” stated Richard Aldred, business development manager for Sage Pay, in the release.

Securities 40

Securities Compliance eCommerce Retail 40

PYMNTS

DECEMBER 19, 2019

The obvious ones are things like language, government and regulation — but there is also a massive number of smaller cultural nuances, so there is no such thing as a simple strategy in terms of dealing with the market. What will that compliance look like in the in the EEA and around the world? Why Bigger is Better in SCA Adoption.

Compliance 40

Compliance Economics Banking Securities 40

PYMNTS

MAY 2, 2017

It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. Credit card testing means that stolen credit card numbers are tested with small purchases to ensure the account is valid prior to a larger purchases.

eCommerce 60

eCommerce Entertainment Auditing Retail 60

PYMNTS

AUGUST 13, 2020

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick.

Technology 99

Technology Compliance Retail eCommerce 99

PYMNTS

FEBRUARY 10, 2020

15 that hackers stole customer names, credit card numbers and other personal information. Salesforce is part of the complaint because it hosted the Hanna Andersson eCommerce site. According to TechCrunch , i360, an advertising and data company, no longer asks for full Social Security numbers, opting instead for the last four digits.

Retail 62

Retail Compliance Advertising Securities 62

PYMNTS

FEBRUARY 10, 2020

15 that hackers stole customer names, credit card numbers and other personal information. Salesforce is part of the complaint because it hosted the Hanna Andersson eCommerce site. According to TechCrunch , i360, an advertising and data company, no longer asks for full Social Security numbers, opting instead for the last four digits.

Retail 52

Retail Compliance Advertising Securities 52

PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

Securities 42

Securities Technology Banking eCommerce 42

PYMNTS

APRIL 24, 2019

As the number of sharing economy participants grows worldwide, governments and regulatory bodies are starting to ask more questions. In the April edition of the Payments And The Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy.

Marketing 71

Marketing Compliance Securities eCommerce 71

PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. But there is a lot more to having a secure and stable issuer processing system.

eCommerce 94

eCommerce Compliance Numbers Currencies 94

PYMNTS

APRIL 2, 2019

Last month, the company secured $2 million in funding from Canopy Rivers, with the option to secure an additional $6 million from the company, while Canopy obtained an 18 percent stake in the firm as well.

B2B 70

B2B Banking Compliance Transportation 70

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2.

Foreign Exchange 52

Foreign Exchange Reconciliations Compliance Banking 52

PYMNTS

JULY 17, 2019

The cost of compliance has also been a potential barrier for many merchants, which has motivated some to partner with third parties to meet compliance regulations. based eCommerce marketplace OnBuy is partnering with players like PayPal. For example, U.K.-based To some degree.

Retail 65

Retail Compliance Education eCommerce 65

PYMNTS

AUGUST 1, 2019

Although the investigation came around at the same time a Seattle woman hacked a database of credit-card issuer Capital One Financial that was stored on the eCommerce giant’s cloud server, examiners were reportedly not aware of the breach when they visited Amazon’s Virginia facility.

Compliance 43

Compliance Securities eCommerce Numbers 43

PYMNTS

OCTOBER 1, 2019

Beyond banks, Ramsey noted, any number of financial services firms will take advantage of overlays and real-time payment systems, as it behooves them to look for the cheapest and most secure ways of conducting transactions. In an eCommerce setting, there are inherent benefits that can lead to a safe and satisfying customer experience.

B2B 69

B2B Reconciliations eCommerce Banking 69

PYMNTS

OCTOBER 8, 2019

In a recent interview with PYMNTS, Henry explored the FinServ compliance conundrum for the cannabis industry, noting that the struggle to get banked has ramifications that spread from the POS up the supply chain — impacting dispensaries, manufacturers, logistics providers, subcontractors, growers and beyond. A Shifting Regulatory Landscape.

Compliance 45

Compliance B2B Banking Manufacturing 45

PYMNTS

OCTOBER 23, 2018

One is including a phone number via which the patient can reach a live person to ask questions. In short, medical billing can take lessons from eCommerce and digital financial services providers to reach consumers in ways to which they are accustomed. The keys to such billing communication? Even seemingly small steps can help.

Healthcare 69

Healthcare Compliance Communication Securities 69

PYMNTS

SEPTEMBER 23, 2020

The latter’s Singapore country head, Ho Chee Wai , joined Tay in discussing Nium’s collaboration on the project and what it takes to securely enable these cross-border payment flows. Achieving these policies and rolling out services requires carefully attending to all potential security concerns, however.

Construction 52

Construction Leverage Securities Manufacturing 52

PYMNTS

NOVEMBER 22, 2018

The number is a significant one, as there were more than 2.2 New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million. It’s a step toward compliance with RBI dictums that payment companies must store that transaction data on local servers.

Compliance 75

Compliance Banking Investments Marketing 75

PYMNTS

JUNE 6, 2019

When new regulations take effect, especially sweeping ones that impact eCommerce, at least some firms take a “wait-and-see” approach. And a significant number, 24 percent, said they have no plans to support SCA — at least not ahead of the deadline. As McLain pointed out, 3D Secure 1.0 only has, roughly, a dozen data elements.

Education 72

Education eCommerce Compliance Communication 72

PYMNTS

DECEMBER 6, 2016

While momentum may be a relative term, in the eCommerce space, it is clear that there is momentum with more consumers choosing to shop online. We’re starting to see momentum in digital wallets being picked up by merchants,” Bill Cohn, head of eCommerce products at Vantiv, told Karen Webster.

eCommerce 73

eCommerce Compliance Securities Sales 73

PYMNTS

MARCH 29, 2019

The marketplace economy — name a vertical within that space, whether it’s ride-hailing, project design or eCommerce — is growing by leaps and bounds, crossing borders and (at times) regulatory jurisdictions. In reference to security features beyond biometrics, the company has employed public and private key encryptions, as well as blockchain.

Compliance 68

Compliance Startups Risk Management Leverage 68

PYMNTS

OCTOBER 18, 2019

At its most basic level, the key ingredients that are pilfered and then used to construct synthetic identities – where individuals’ personal information is stitched together to fabricate new identities — are tied to data that is given to us at birth: Social Security numbers. Well, it can take years to discover.

Securities 42

Securities Construction Numbers Accounting 42

PYMNTS

MAY 8, 2018

Sweden-based Open Payments has launched its online platform for developers to access and make use of the rising number of bank APIs surfacing as a result of PSD2. Our infrastructure platform will provide the solution, helping to make Open Banking a reality for eCommerce platforms, PFM applications, POS and B2B systems,” he added.

B2B 40

B2B Compliance Leverage Banking 40

PYMNTS

MAY 24, 2019

Entry often involves the use of paper and pencil to log in, sometimes accompanied by the scribbling of one’s driver’s license number or other personal identification information (PII) on a paper log that’s maintained by a total stranger. However, those days could be numbered. Think about it. That’s not the only problem, either. “At

Securities 51

Securities Technology Education Manufacturing 51

PYMNTS

MAY 15, 2018

The Pros and Cons of Standard Security Choices. For instance, knowledge-based authentication is well-understood by users – but the answers to security questions can be socially engineered without too much trouble just by visiting victims’ social profiles. Plus, data breaches have left a lot of those security responses exposed.

Auditing 51

Auditing Compliance Securities eCommerce 51

PYMNTS

DECEMBER 31, 2020

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. There are a number of things that intersect here: data, privacy, consumer protection.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

APRIL 16, 2018

At the intersection of data privacy and security and payments innovation lies friction, possibly, for the consumer experience. In the case of the latter, of course, the EU’s online privacy laws have implications for firms far beyond Europe’s borders – to the tune of hefty fines for non-compliance. Are merchants ready?

Compliance 42

Compliance Securities Retail Numbers 42

PYMNTS

NOVEMBER 27, 2018

Consumers may secure the majority of payments innovation efforts, but when it comes to cross-border payments, the opportunity undoubtedly lies in corporate transactions. Consumer-driven trends, including the continued growth of global eCommerce and remittances, will be big targets for innovators amid these changes.

Foreign Exchange 49

Foreign Exchange B2B Banking Compliance 49

PYMNTS

MARCH 31, 2017

Investors are fueling growth for B2B FinTechs across Asia, with startups in Indonesia, Singapore and India securing most of the more than $125 million raised in recent days. based company that secured $50 in Series A million for its cloud management solution. Newid Capital and angel investors also participated, reports said.

B2B 43

B2B B2C Startups Valuation 43

PYMNTS

MARCH 29, 2018

According to the most recent Global Fraud Index , fraud cost eCommerce merchants an astounding $57.8 Smart Compliance for Stronger Digital Profiles. Companies need smarter compliance solutions to help them address this wide range of identity verification needs, Caldera said. “It As it turns out, these breaches are expensive.

Compliance 43

Compliance Advertising Accounting Technology 43

PYMNTS

OCTOBER 30, 2018

In terms of headline numbers, Mastercard’s revenues of $3.9 The first phase is focused on helping corporations with the cumbersome process of compliance screening of new and existing suppliers.”. 30), as management eyes digital checkout and other high-tech payments initiatives in the U.S. and beyond. billion, up more than 14.7

B2B 71

B2B Currencies Economics Compliance 71

PYMNTS

MARCH 6, 2018

Perhaps it’s not surprising, given the number of consumers who have invited Amazon’s virtual assistant Alexa into their homes, but more than half of Amazon users said they would consider using an Amazon-built cryptocurrency around the site – and Amazon Prime members were even more eager, with 58.27 percent in favor and only 21.9

Currencies 47

Currencies Leverage eCommerce Compliance 47

PYMNTS

MAY 29, 2017

Connect, as has been noted, helps Stripe connect eCommerce marketplaces and gig economy workers. To accomplish this, we developed a new, custom encryption technology that ensures users’ data remains private, secure, and anonymous.”.

eCommerce 40

eCommerce Compliance Leverage Accounting 40

PYMNTS

MAY 24, 2018

Identity theft is out there, in eCommerce and beyond, and GDPR throws light on another avenue for fraud. They may not know whether they can in fact delete that data for regulatory or compliance reasons (especially germane for financial institutions, amid KYC and AML regulations).

Compliance 40

Compliance Leverage Numbers eCommerce 40

PYMNTS

OCTOBER 6, 2020

Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital. But eCommerce, she said, is a different story. and FX Payments in 134 currencies.

eCommerce 94

eCommerce Banking Compliance Currencies 94