FICO

AUGUST 11, 2016

The following is a guest post from Kendrick Sands, Senior Analyst - Consumer Finance at Euromonitor , on the trends shown for European card fraud in 2015. As a share of total card payments for the researched markets in Europe, total value lost to fraud declined from.08%

Risk

PYMNTS

SEPTEMBER 13, 2018

According to Bank of America, mobile wallets can enhance payment security by tokenizing account numbers, effectively using a physical commercial card to generate a virtual card for a particular purchase. In 2015, American Express became the first major credit card issuer to link its commercial cards to Apple Pay.

Commercial Card

PYMNTS

MARCH 16, 2018

The profiles serve as educational materials outlining the lifecycles, security characteristics and relevant laws and regulations for the most common payment types, the Federal Reserve said in a press release. “We payment system and keeping pace with the rapidly evolving and expanding threat environment.”.

FedPayments Improvement

PYMNTS

AUGUST 31, 2017

Payment System , published in early 2015, which highlights priorities that range from payments security to the adoption of the ISO 20022 messaging standard for cross-border payments. It’s a position that sees Sapenaro putting into action the words of the Fed’s Strategies for Improving the U.S.

Federal Reserve

PYMNTS

JANUARY 12, 2017

That is a 183 percent rise from 2015. Fifth Third noted it has seen the popularity of mobile payments grow among its customers during the past few years. Since Fifth Third launched Apple Pay in 2015 , mobile payments have risen 133 percent among its customers. billion in purchases on mobile devices.

Mobile Payments

PYMNTS

SEPTEMBER 7, 2017

Within the text the Fed highlights some of the progress that has been made in each of the categories upon which the Fed is focusing its payments improvement efforts and outlines next steps for industry stakeholders to take in order to continue making progress. Our 2015 paper laid out ambitious goals for the U.S. Efficiency.

Fed

PYMNTS

AUGUST 25, 2017

Payment System published in early 2015. Three years ago, Dave led the development of the strategies paper and our initial plans for pursuing the desired outcomes for payment system improvement,” George said. Louis as well, the Federal Reserve said in its official statement.

Federal Reserve

PYMNTS

JULY 8, 2016

Wearable technology has been a notable trend since the launch of the Apple Watch in April of 2015, but does donning the trendy tech also put the user at risk of getting their ATM PIN hacked? And when it comes to payments security, those percentages are ones that few would like to take a gamble with. The researchers say yes.

ATM

PYMNTS

MARCH 6, 2017

In 2016, there were 1,093 data breaches according to the Identity Theft Resource Center – a 40% increase over the 2015 data breach number of 781. Specifically the webinar will explore: The State of Payment Security. Malware and its Role in Data Breaches. The Introduction of PCI-Validated P2PE in 2011.

Data Breach

FICO

MAY 1, 2020

The Journal article also quotes a Square study that found, in January through March of 2019, consumers used cash in 37% of transactions under $20, compared with 46% in 2015. Simply put, rising P2P payment volumes make traditional account types (checking accounts) vulnerable for increased fraud. Setting up Safeguards.

P2P

PYMNTS

AUGUST 7, 2019

2015: The year the Fed launched its 500-person Faster Payments Task Force. And, in retail, malls are looking for innovations with new uses for old commerce spaces. All this, Today In Data. Data: 250,000: Estimated number of data records lost or stolen every hour.

Fed

PYMNTS

FEBRUARY 28, 2019

Co-founder and CEO Pravin Agarwala of BetterPlace asserted that more than 60,000 workers have been onboarded since its 2015 launch, and more than 1,000 large employers are using the service. A job marketplace platform in India is looking to connect trained trade workers with employers.

Economy

PYMNTS

JUNE 13, 2016

According to researchers, the data suggests corporate treasurers need to take a multi-layered approach to cybersecurity, and that includes across all payment processes. Researchers examined instances of questionable — not illegal — behavior from CEOs based on news media reports between 2000 and 2015.

Research

Stax

NOVEMBER 6, 2023

Request Quote Upgrade Your Legacy Equipment for Mobile Payments The world’s foremost mobile phone manufacturers, Apple and Samsung started to foster the use of mobile payments as early as 2014 and 2015, respectively. Why Is Adding Mobile Payments Important to Businesses Today? Q: Are mobile payments secure?

Mobile Payments

PYMNTS

SEPTEMBER 26, 2018

percent seen in 2015. The headline numbers: 52.5 percent of the organizations surveyed were in full compliance, according to data gleaned from 2,400 reports stretching back to 2012. That latest tally is down from 55.4 percent seen in 2016, yet compares favorably against the 48.4 The study noted that there are some regional differences, as 77.8

PCI DSS

PYMNTS

APRIL 12, 2018

The transition to the EMV chip in North America has been both a boon and a bit of a headache when it comes to payments security. chip-enabled merchants was down 66 percent in June of 2017 compared to June of 2015. According to Visa, counterfeit fraud at U.S.

Point-of-Sale (POS)

PYMNTS

SEPTEMBER 30, 2016

merchants facing those kinds of time constraints is that there were a lot of stakeholders upstream that were not, for a variety of reasons, able to get us a lot of what we need, like technical specifications, to be ready to roll by 10/1/2015. Nor did anyone expect the tidal wave of chargebacks that would crop up after 10/1/2015.

EMV

PYMNTS

MAY 4, 2016

According to researchers, small businesses lost an average of more than $12,000 in 2015 due to back-office fraud. That can mean fraudulent payments made using a business credit card, a compromise of payroll systems or unauthorized ACH and wire transfers. Small businesses are increasingly targeted by cyberthieves looking for easy prey.

Security

PYMNTS

JANUARY 26, 2017

Transparency and security in government procurement processes is a challenge across the globe. In 2015, researchers at Forrester Consulting found that digital solutions support stronger federal procurement practices.

Visa

Fintech Labs Insights

AUGUST 14, 2015

Source: FinovateFall 2015. Mobile & payment security . Tags: Mobile, security, payments, insurance. Total raised: $12 million. Source: Finovate. Online cash-back services for restaurants. HQ: San Diego, California. Latest round: $7.9 Total raised: $45.2 OneAssist Consumer Solutions. HQ: Mumbai, India.

FinTech

PYMNTS

JULY 13, 2016

deployed software to make their internet and mobile sites more secure in 2015 than they did in 2014. Jaffer explained that, while SMEs may be ignorant to this threat, a lack of financial resources and other tools makes protecting themselves in this regard that much more difficult.

Risk

PYMNTS

JULY 10, 2017

That’s a question the Federal Reserve Faster Payments Task Force is considering as it looks at ways to make U.S. faster payments safer and more efficient. The value of the faster payments market is immense, as outlined by the first of two reports issued by the Task Force earlier this year. ACH payments were valued at $145.3

Faster Payments

Stax

AUGUST 20, 2024

In 2015, Version 2 of 3D Secure was released as an improvement on the above system. The merchant completes the payment process, and the customer’s purchase is finalized. Benefits of 3D Secure Authentication for Cardholders The primary benefit of 3D Secure Authentication for cardholders is improved payment security.

Authentication

Stax

MARCH 14, 2024

EMV (Europay, Mastercard, and Visa) chip card use has continued to expand in use since its tumultuous rollout in 2015. Yet, while time has provided customers and businesses with more education on the security benefits of EMV card chips, many businesses and consumers are still confused about key components.

Chip Cards

PYMNTS

OCTOBER 6, 2017

In the past, retailers had been focused on each individual role within their organization and the nuts and bolts of each part of their operation — elements like inventory management across whole networks, domestic and international shipping or payments security, to name a few. The answer, surprisingly, might be by doing less.

Fraud Prevention

Fintech Labs Insights

AUGUST 28, 2015

Socure , a social biometrics provider and FinovateFall 2015 presenter, raised $2.5 Tags: Payments, security, ID verification. Three Finovate alums received large checks this week: FutureAdvisor , one of the early robo-advisors which had raised $24 million, was acquired by Blackrock for an undisclosed sum. Source: Crunchbase.

FinTech

PYMNTS

OCTOBER 19, 2018

One month after Etsy’s flubbed IPO in April 2015, Amazon started directly contacting the platform’s top sellers, asking if they were interested in selling on its upcoming Handmade platform. They would then book Uber employees into Lyft cabs to talk up how great it is to work for Uber.

Mobile Banking

PYMNTS

NOVEMBER 15, 2017

More than two years after the Fed’s Faster Payments Task Force first took shape in 2015, the push toward innovation and improved infrastructure (and why shouldn’t the two be intertwined?) To that end, the Fed held a webinar late last month titled “ Next Steps in the Payments Improvements Journey.”. remains in full force. .

Fed

Fintech Labs Insights

MARCH 16, 2016

Payments security specialist Token will join nine other tech startups as part of Startupbootcamp NY’s incoming cohort. ” Pictured: Token CEO Steve Kirsch demonstrating his company’s technology at FinovateSpring 2015 in San Jose, California. . Also participating in the upcoming cohort are: AlphaPack.

Participant

Fintech Labs Insights

MAY 3, 2021

US-based payments company. US-based payments security provider. Sep 2015 round. May 2015 round. . #87 Current : $2.2B US-based challenger bank. 118 (tie) Alkami : $1.4B US-based bank tech provider. 118 (tie) Chargebee : $1.4B 125 Signifyd $1.3B 140 (tie) Groww : $1.0B India-based investing startup. 1 May 2021.

FinTech

Fintech Labs Insights

MAY 3, 2021

US-based payments company. US-based payments security provider. Sep 2015 round. May 2015 round. . #88 Current : $2.2B US-based challenger bank. 119 (tie) Alkami : $1.4B US-based bank tech provider. 119 (tie) Chargebee : $1.4B 126 Signifyd $1.3B 128 Deel : $1.25B US-based payroll processor. 142 (tie) Groww : $1.0B

FinTech

Fintech Labs Insights

OCTOBER 19, 2021

. $2.7B: Paidy – Japanese payments company acquired by PayPal . 2.0B: Atome – Payments startup from Singapore. 1.5B: Ascend Money – Payments firm from Thailand. 1.4B: Alloy – US identity specialist founded in 2015. 1.3B: Blockdaemon – US crypto payments provider founded in 2017. June 2021 round. 9 Sep 2021.

FinTech

PYMNTS

JUNE 3, 2016

To adapt, let alone thrive, businesses with store locations must embrace EMV, the latest in payments security and authentication, especially considering the retailers themselves have taken on more responsibility for fraud after 2015’s liability shift. The challenge for the last year has just been educating our customer base.

EMV

Fintech Labs Insights

JANUARY 21, 2022

June ’21 round. Checkout.com. Jan ’22 round. July ’21 round. August ’21 exit to Square. Aug ’21 round. Dec ” spinout. Dec ’21 round. Nov ’21 round. Oct ’21 round. Payroll/SMB. Trade Republic. May ’21 round. Aug ’21 exit (PayU). Dec ’21 round. Circle Internet Financial. July ’21 SPAC (proposed). Nov ’21 round. May ’21 round. May ’21 round.

FinTech

Fintech Labs Insights

NOVEMBER 22, 2021

5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. June 2021 round. Oct 2021 round. Payroll/SMB. Dec 2020 spinout. Nov 2021 round. Trade Republic. May 2021 round. Blockchain.com. Mar 2021 round. LendingClub. 5 Nov 2021. Nov 2021 round. 5 Nov 2021. Virtu Financial. 5 Nov 2021. Chainalysis. June 2021 round. May 2021 round. April 2021 round.

NOV

Fintech Labs Insights

NOVEMBER 22, 2021

5 Nov 2021. 5 Nov 2021. July 2021 round. 5 Nov 2021. June 2021 round. Oct 2021 round. Payroll/SMB. Dec 2020 spinout. Nov 2021 round. Trade Republic. May 2021 round. Blockchain.com. Mar 2021 round. LendingClub. 5 Nov 2021. Nov 2021 round. 5 Nov 2021. Virtu Financial. 5 Nov 2021. Chainalysis. June 2021 round. May 2021 round. April 2021 round.

NOV

PYMNTS

MARCH 10, 2016

It’s becoming increasingly evident that biometrics and facial recognition are the future of mobile payments security. With a huge user base backing its growth prospects and a change to the 2015 Small Business, Enterprise and Employment Act, U.K. at Starbucks. Wells Fargo Goes Biometric.

Online and Mobile Banking