PYMNTS

MARCH 4, 2020

The value of the technology is evidenced by the vast number of APIs that businesses use and consume. APIs can become major targets for hackers and fraudsters, however, and businesses need to step up their API security in response. Deep Dive: Confronting APIs’ Authentication, DDoS Security Threats. About the Tracker.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

OCTOBER 5, 2020

Cybercriminals deploy a variety of tactics to process their ill-gotten gains, ranging from techniques as basic as exchanging gift cards to ones as advanced as setting up fake eCommerce storefronts. Two-thirds of customers also felt that companies’ account security measures were subpar. Developments Around The AML/KYC Space.

Compliance 56

Compliance Prioritization eCommerce Leverage 56

PYMNTS

OCTOBER 6, 2020

In the age of eCommerce, chargebacks are on the rise. Jankowski noted that the pandemic had played havoc with a significant number of merchants. Leveraging advanced technologies like 3-D Secure and tokenization add more levels of protection amid the eCommerce boom. The Fraud Factor.

Communication 82

Communication eCommerce Education Forecasting 82

PYMNTS

JANUARY 15, 2021

The shift to eCommerce has unfortunately come with an uptick in fraud, with bad actors turning to item-not-received schemes, false chargebacks and other abuses that scam retailers without the means to verify such claims.

Retail 63

Retail Leverage eCommerce Securities 63

PYMNTS

OCTOBER 30, 2020

Land recently spoke with PYMNTS about the growing threat eSkimming presents, and detailed how payments tokenization and phishing awareness campaigns can keep consumers safe from these and other fraud tactics targeting eCommerce. Anytime you limit the number of times your card information is out there, it helps to reduce your risk.”.

Leverage 77

Leverage eCommerce Advertising Retail 77

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. It also details how open banking’s expansion can help businesses build trust with new or existing customers seeking more secure ways to shop. The Pandemic And The Privacy Question .

Banking 77

Banking eCommerce Securities Leverage 77

PYMNTS

JULY 16, 2020

This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8 The surge in eCommerce is making efficient di gital payment options an important part of maintaining a healthy cash flow.

Leverage 72

Leverage Valuation eCommerce Securities 72

PYMNTS

APRIL 9, 2020

Building a secure customer journey is always a bit of a balancing act. It has to be secure first and foremost, particularly when payments data is on the line. Brands are typically aware of the potential for fraud to show up at the end of an anonymous transaction with a new user, stolen card number at the ready.

Securities 94

Securities Accounting eCommerce Leverage 94

PYMNTS

AUGUST 24, 2017

3D-Secure 2.0 In this case, though, that upgrade comes to a security protocol designed to strengthen security around online credit card transactions, but which has seen little change since its inception 17 years ago. based transactions leverage it today. Like Web 2.0, Mobile 2.0, and Vegetables 2.0 (And, In-App Purchases.

Securities 41

Securities Technology Currencies Leverage 41

PYMNTS

OCTOBER 8, 2018

The headlines come fast and furious — the numbers are staggering. That’s the number of transactions done online that are fraudulent. As it turns out, firms across the payments and eCommerce landscape are falling prey to some wily techniques. The drill is well-known now, with a litany of familiar names amid data breaches.

eCommerce 71

eCommerce Securities Leverage Numbers 71

PYMNTS

NOVEMBER 17, 2020

It’s largely a function of the COVID-era eCommerce explosion, and efforts to reduce fraud become more difficult during heavy buying periods like the year-end gifting holidays. Over 60 percent of banks say fraud volumes are rising, with over 40 percent reporting that average fraud hit value is going up. They Can Get to Anyone.

Benchmarking 72

Benchmarking eCommerce Leverage Accounting 72

PYMNTS

OCTOBER 8, 2020

“They will need to leverage customer data from all channels to put the customer at the center of the experience, and to listen for buying signals as customers traverse from one channel to the next. Embracing ‘Headless’ eCommerce. . recommends merchants consider adopting a “headless eCommerce approach.”. . she said. .

Leverage 64

Leverage eCommerce Communication Sales 64

PYMNTS

JULY 23, 2019

Amid the slew of real estate startups coming to market, with any number of approaches in changing the way real estate transactions are made, there are also new initiatives to change the way homes function. For Amazon, the move represents a deeper push into real estate. For Amazon, the move represents a deeper push into real estate.

Leverage 49

Leverage eCommerce Startups Sales 49

PYMNTS

JULY 27, 2020

Digital banking and eCommerce are making rapid gains in 2020 as consumers turn to online channels to make purchases and avoid potential exposure to COVID-19. Some banks collect standard identification details as well as those gleaned from a broader number of sources. Synthetic ID fraud can be especially hard to spot.

Leverage 58

Leverage Accounting Banking Numbers 58

PYMNTS

SEPTEMBER 17, 2020

In an interview with PYMNTS, Mike Vaughn , senior vice president of operations at eCommerce and financial services platform MerchantE , said merchants must adapt, or risk losing business. It’s not enough that the CX be secure — though that’s critically important, of course.

Invoicing 101

Invoicing Leverage eCommerce Accounting 101

PYMNTS

AUGUST 13, 2020

We also analyze technologies that can be seamlessly leveraged for both customers and the entities looking to form relationships with these users. These tools are now gaining the benefits of newer technologies to strengthen security. The Address Verification Challenge.

Leverage 57

Leverage eCommerce Retail Technology 57

PYMNTS

SEPTEMBER 4, 2019

million merchants, whereas in September of 2015 that number was only 392,000. The number of active Visa chip cards is up significantly: from 159 million in September of 2015 to 521 million in June of this year. Also down were overall card-present fraud rates. Chip cards are now accepted at more than 3.7

Leverage 78

Leverage eCommerce Numbers Retail 78

PYMNTS

NOVEMBER 19, 2020

Mobile apps are proving more important than ever in facilitating domestic sales between businesses and consumers in the nation, according to Karthik Raghupathy , head of business development and strategy at eCommerce payment system and digital wallet provider PhonePe. Merchants are also finding that they need to get online, he added.

eCommerce 63

eCommerce Currencies Leverage Retail 63

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

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. Leveraging Technology And Government Data To Simplify Due Diligence. How The Pandemic Made Remittances Mobile.

Construction 52

Construction Leverage Securities Manufacturing 52

PYMNTS

DECEMBER 4, 2020

Some consumers likely leveraged financial assistance programs to manage through hardship, so it’s important for lenders to keep a close eye on how delinquency rates evolve over the coming quarters,” she said. “As Love to Drive. Surge in Online Sales and Financing. million auto accounts in some form of accommodation at the end of September.”.

Sales 73

Sales Leverage Economics eCommerce 73

PYMNTS

JANUARY 10, 2020

billion people worldwide lack basic ID credentials, according to the World Bank, and that number rises even higher when it includes individuals with poor-quality IDs that cannot be easily verified. Open source systems also tend to be more secure than proprietary systems, as anyone can access and modify the software. An estimated 1.1

Healthcare 58

Healthcare Education Securities Leverage 58

PYMNTS

AUGUST 26, 2019

It’s why, he said, Visa introduced three new tools last week to help merchants and issuers fight back: Visa Vital Signs, Visa Account Attack Intelligence and Visa Payment Threat Lab and eCommerce Threat Disruption. Hackers could try to break into a merchant and steal valid card numbers, but fraud tools are making that harder to do.

eCommerce 82

eCommerce Numbers Accounting Leverage 82

PYMNTS

NOVEMBER 13, 2017

That data is not only leveraged by Emailage to make a risk assessment, but also passed back to the merchant or FI to leverage as well. And, with the holiday shopping season just around the corner, merchants and FIs need any additional layers of security they can get in the fight against fraudsters.

Startups 40

Startups Leverage eCommerce Securities 40

PYMNTS

OCTOBER 3, 2016

The San Jose Earthquakes, an American professional soccer team, is a surprisingly good example of a borderless business that’s working to provide a frictionless, yet secure way for its fan base to purchase tickets. But there are a number of reality checks that businesses must take into account when operating in this increasingly global world.

Leverage 76

Leverage Securities Accounting Communication 76

PYMNTS

MAY 13, 2016

The credit and debit chip card reader is designed to provide enhanced security for any eCommerce or banking site and works with the Chip Shield Web Assistant to leverage chip technology to safeguard digital activities.

Securities 40

Securities Leverage eCommerce Banking 40

PYMNTS

APRIL 3, 2018

Krebs on Security reported Monday night (April 2) that the fast-casual bakery/café chain had been leaking names, emails, addresses, birthdays and partial credit card numbers (the last four digits) from its website for at least eight months. The company does not believe that its eCommerce or digital platforms were impacted.

Securities 48

Securities Retail Numbers Leverage 48

PYMNTS

NOVEMBER 28, 2016

For many consumers, it looks as though the convenience of online shopping can offset the security risks that may come with of online shopping. She noted that Millennials tend to be more trustworthy online and also more likely to ignore some of the security basics that they should follow when shopping online.

Securities 50

Securities Leverage Retail eCommerce 50

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

SEPTEMBER 10, 2019

In other news, TokenSoft has announced the launch of a security token administrative panel that allows clients to select or partner with a Transfer Agent of their choice to issue and administer their security tokens. Transfer Agents are a foundational element of financial services infrastructure.

Planning 44

Planning Securities Leverage Investments 44

PYMNTS

AUGUST 15, 2019

In the days before eCommerce, before data breaches grabbed everything from Social Security numbers to passwords, before fraudsters began to craft synthetic identities, strong customer authentication was rather simple. Although delayed, the migration will take place. The Need For Machine Learning.

Auditing 53

Auditing eCommerce Numbers Securities 53

PYMNTS

OCTOBER 2, 2017

Even in the relatively short lifespan of eCommerce, the way people shop online has changed, and drastically so. Recognizing and leveraging that could help fledgling companies reach consumers with the products they didn’t know they wanted. Why Every SMB Needs A Major Marketplace Presence. However, there’s another side to this coin.

Leverage 40

Leverage eCommerce Retail Sales 40

PYMNTS

FEBRUARY 24, 2017

Though the technologies still haven’t reached a level of mainstream usage or acceptance, that hasn’t slowed down the number of companies and sectors looking to utilize VR/AR to transform customer experiences. From there, the purchase is completed either via eCommerce or by going to the store and doing a card-present transaction.

eCommerce 68

eCommerce Entertainment Technology Retail 68

PYMNTS

DECEMBER 31, 2020

lockdown in March, Johan Gerber , executive vice president of cyber and security products at Mastercard, was already predicting that a deluge of chargebacks was headed our way. The effects are most immediately felt by the travel and hospitality verticals, along with a number of eCommerce segments. Just a few weeks after the U.S.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

FEBRUARY 6, 2017

Research has found that new-account fraud more than doubled from 2014 to 2015, with nearly 7 million individuals having their Social Security numbers (SSN) compromised in 2015, an increase of more than 63 percent from the previous year. These credit identities are then leveraged to open accounts and “steal” product from lenders.

Numbers 59

Numbers Leverage Accounting eCommerce 59

PYMNTS

AUGUST 29, 2017

Some of the search engine giant’s latest moves are strikingly similar to what competitors are doing: Amazon in eCommerce and Facebook in subscription news. It will be interesting to see how the eCommerce giant responds when Google Assistant shopping rolls out in late September. OK Google, Challenge Amazon. Following Facebook.

Advertising 40

Advertising eCommerce Healthcare Leverage 40