The Payments Association

OCTOBER 28, 2024

This has led to a noticeable uptick in card-related fraud, especially in remote purchases, where criminals use stolen card details for online transactions. While banks and payment providers are making strides in fraud detection and prevention, the report stresses the need for more robust collaboration with technology and telecom sectors.

Scams 88

Scams Push-to-Card Fraud Detection Online and Mobile Banking 88

Stax

APRIL 10, 2025

TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies. They let buyers initiate payments by placing their mobile phone near a compatible payment terminal.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

PYMNTS

DECEMBER 16, 2019

The Wall Street Journal reported this weekend that FinTech firms have been accusing banks of blocking access to end users’ financial data. In one example, PNC Bank clients stated that they were unable to connect accounts to Venmo , the payment service owned by PayPal. Banks hold the data. FinTechs need the data.

Venmo 69

Venmo Zelle Blocks End User 69

PYMNTS

MARCH 26, 2020

To regain some of that ground, Connie Davis, senior vice president at FIS , told PYMNTS in a recent interview, FIs — particularly credit unions (CUs) and community banks — must transform the way they think about digital offerings and connected experiences. That means they can compete more effectively against digital-only competitors.

Payment APIs and Integration 99

Payment APIs and Integration Online and Mobile Banking Credit Union Community Banks 99

CB Insights

JANUARY 5, 2021

High fees, poor customer experiences, and archaic technology have historically blocked many from accessing financial services. . get the state of challenger banks report. Download the free report to find out what it will take for challenger banks to develop a meaningful share of the banking market. First name.

Online and Mobile Banking 98

Online and Mobile Banking Financial Inclusion Checks Federal Reserve 98

Payment Savvy

DECEMBER 2, 2022

Let’s dive into the subtleties of the smoothest payment process and find out everything about NFC mobile payments, including what they are, how they work, and how to use them. What are NFC Mobile Payments? How Do NFC Mobile Payments Work? How to Accept NFC Mobile Payments? Leading NFC Mobile Applications.

Mobile Payments 98

Mobile Payments Contactless Payments Online and Mobile Banking CHIPS 98

PYMNTS

MAY 27, 2020

More consumers are turning to the omnichannel offerings of banks and credit unions (CUs) as they follow stay-at-home mandates, and cybercriminals are eager to launch attacks that make use of these channels. Deep Dive: Why Banks Must Examine Customer Behaviors Across Channels. Around The FI Fraud Decisioning World.

Scams 98

Scams Account Takeovers Online and Mobile Banking Credit Union 98

PYMNTS

OCTOBER 8, 2020

The growing cost of online fraud – and finding ways to detect it – has long been a costly concern of financial institutions (FIs). He said banks and payment processors already have this technology on hand – they’re just not using it correctly. . Why doesn’t my banking app?'". The VPN Problem .

Checks 106

Checks Addressing Online and Mobile Banking Crime 106

PYMNTS

DECEMBER 23, 2019

Digital banking and payments firm i2c is introducing a banking website and mobile app designed to assist those with colorblindness, the company announced Monday (Dec. Whether a person is partially or totally colorblind, the company’s simple interface can help with the navigation of digital banking and payments.

Mobile Banking 52

Mobile Banking Online and Mobile Banking Blocks Payments Strategy 52

PYMNTS

DECEMBER 7, 2020

At a time when 80 percent of apps ask for (and are usually given) users’ geolocation data, the fact that most mobile banking applications still don’t is unacceptable, GeoGuard CEO David Briggs told Karen Webster in an interview. Two-thirds of all banking apps don't ask for location at all,” Briggs said.

Risk 93

Risk Online and Mobile Banking Security Social Security 93

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. It’s been 20 months, and we tried to get a debit card from some of the largest banks. The world doesn’t need another bank,” Poovala told Webster. Widening Debit’s Acceptance.

Debit Card 103

Debit Card FinTech Online and Mobile Banking Account Takeovers 103

Stax

JANUARY 28, 2025

Completing online payments via manual card entry can be time-consuming and off-putting for customers. Click to Pay completely removes the need to enter credit card information during online purchases, making it more convenient and faster than manual card entry. Learn More What is Click to Pay?

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

PYMNTS

DECEMBER 16, 2020

And then, after the transaction is made, there’s the task of understanding the byzantine codes and data that are tied to online statements. The “language” of the statements may represent a Rosetta Stone of sorts for the 110 million consumers who have pivoted online in the wake of the pandemic.

Disputes 91

Disputes Transactions Issuers Online and Mobile Banking 91

The Fintech Times

APRIL 23, 2024

As mobile banking apps continue to accrue a seemingly ever-growing user base, criminals may sense an opportunity to access people’s finances by exploiting weaknesses in some banks’ security, consumer champions Which? They were not able to test banks’ back-end security systems. Security let downs Which?

Addressing 69

Addressing Online and Mobile Banking Security Best Practices 69

Payments Source

SEPTEMBER 1, 2016

As the threat of card not present (CNP) fraud continues to rise, a recent survey suggests many consumers are willing to take extra steps during a transaction to block online card fraud if their bank offered the option.

Consumer 60

Consumer Blocks Security Transactions 60

PYMNTS

MAY 4, 2020

Customers and merchants rely on their banks and credit unions (CUs) to ensure they have secure, convenient online transactions, and many FIs work to detect fraud by looking for abnormal purchasing behaviors that could indicate something is amiss. Financial institutions (FIs) face tough decisions when trying to keep their clients safe.

Online and Mobile Banking 79

Online and Mobile Banking Credit Union Breach Data Breach 79

The Payments Association

NOVEMBER 12, 2024

Quality Engineering is transforming digital banking, enabling seamless innovation, operational continuity, and future-proofing in a rapidly evolving landscape. The global banking industry is currently undergoing widespread change from a regulatory and technology perspective. These large-scale projects are inherently risky.

Online and Mobile Banking 88

Online and Mobile Banking Non-Bank ISO 20022 On-Demand 88

PYMNTS

OCTOBER 7, 2019

When it comes to QSR and mobile innovation, pizza seller Domino’s has earned itself a leading position. Attorneys for Domino’s, backed by a range of business groups, had argued that the ADA does not apply to online platforms that were not envisioned when the law was passed in 1990,” according to CNBC. On Monday (Oct. 7), the U.S.

Online and Mobile Banking 55

Online and Mobile Banking Blocks Innovation Legal 55

The Fintech Times

FEBRUARY 20, 2025

He brings over 30 years experience in financial services with senior roles across global banking, private equity and accounting. He also joins the board of Quantum as director of fintech and banking, helping with its plan to list on the London Stock Exchange in 2026. Radford previously held the CEO role at Revolut UK from 2020 to 2023.

FinTech 64

FinTech Cross-Border Payments Disaster Recovery Online and Mobile Banking 64

PYMNTS

MARCH 30, 2020

As retailers determine the best ways to reach retail customers during the coronavirus pandemic, ICICI Bank launched its banking services on Monday (March 30) on WhatsApp. . Additionally, users can get details of the nearest ICICI Bank ATMs and branches, all from the social platform. .

Online and Mobile Banking 58

Online and Mobile Banking Non-Bank Credit Cards Debit Card 58

PYMNTS

SEPTEMBER 14, 2016

National Australia Bank ’s (NAB) mobile app is adding a few more bells and whistles. You can set limits or even make sure the card knows not to allow online purchases on that card. Customers will also be able to place an immediate and temporary block on the card if it becomes lost or stolen, even on a temporary basis.

Online and Mobile Banking 53

Online and Mobile Banking Credit Cards Blocks Consumer 53

The Fintech Times

JULY 22, 2024

It has also acted as a wake-up call for many incumbents who have noticed they are losing clients to the newcomers on the block. “They are adopting user-friendly web and mobile applications, significantly reducing service delivery costs. So what are incumbents doing to become more accessible?

Adjustments 118

Adjustments Online and Mobile Banking Financial Inclusion FinTech 118

Fi911

DECEMBER 19, 2023

As digital banking services grow in popularity, the unfortunate byproduct is a corresponding rise in fraud. The rapid evolution of technology and the escalating demand for online banking services have made machine learning (ML) an invaluable asset in preemptively tackling fraud risks. The resounding answer is yes.

Fraud Prevention 98

Fraud Prevention Fraud Detection Point-of-Sale (POS) Online and Mobile Banking 98

PYMNTS

MARCH 28, 2019

There are no incumbent banks that are not paying attention to what the challenger banks are doing. Even in the last two years, there has been a big shift in legacy banking to [become] tech companies,” Priestley said. “A That includes, at the most basic level, mobile and digital banking.

AI 78

AI Money Laundering FinTech Online and Mobile Banking 78

PYMNTS

JUNE 9, 2020

To that end, in an interview with PYMNTS, Kevin Hughes , aggregation product manager at Fiserv , said that data — specifically data aggregation tied to open banking — remains key to adding new solutions to banking platforms. Data, of course, is critical in making sure such online activity runs smoothly. The Importance Of Data.

Online and Mobile Banking 60

Online and Mobile Banking Security API Blocks 60

PYMNTS

NOVEMBER 1, 2017

Two years ago, when Samsung Pay entered the mobile payments scene, it did what Apple and Android a year before it had not: It made mobile payment capabilities at the physical point of sale (POS) more or less ubiquitous right out of the gate. But merchants without consumer adoption does not a mobile payments ignition strategy make.

Mobile Payments 56

Mobile Payments Online and Mobile Banking Payments Ubiquitous 56

PYMNTS

MAY 5, 2020

In the age of the coronavirus, everyone is conducting all facets of daily life – commerce, banking, schooling, working – from home. Mobile transactions have become the latest opportunity for fraudsters,” he said. Mobile transactions have become the latest opportunity for fraudsters,” he said.

Fraud Detection 78

Fraud Detection Online and Mobile Banking Scams Issuers 78

PYMNTS

NOVEMBER 18, 2019

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works. The Technology Component.

Online and Mobile Banking 43

Online and Mobile Banking Governance Government Legal 43

PYMNTS

NOVEMBER 27, 2019

The Royal Bank of Scotland (RBS) has created an app called Bó with the intention of helping people save money, as well as to compete with other online banking startups, like Starling or Monzo. Other banks in the region have also been developing newer digital services as well. Bó has been available since Nov.

NOV 52

NOV Blocks Accounts 52

PYMNTS

APRIL 10, 2020

TurboTax , the online tax preparation service, has said it is launching a free stimulus registration system to help people who don’t need to file a tax return. Banks were supposed to start taking in PPP applications on April 3, but only JPMorgan Chase and Bank of America (BoA) had the ability to roll out per a report on April 5.

AI 86

AI Payment APIs and Integration Online and Mobile Banking Payments 86

PYMNTS

OCTOBER 21, 2016

Plus, there was yet another appearance from an alternative SME lender (this time from the Philippines) and new financial backing for an SME banking disruptor and a payroll player. ” SME Banking. ” SME Banking. ” SME Banking. Hailing from France, IbanFirst wants to reinvent small business banking.

B2B 77

B2B Online and Mobile Banking Cross-Border Payments Cross-Border 77

PYMNTS

JANUARY 6, 2020

The European Union’s revised Payment Services Directive (PSD2) is tightening its grip on international finance as open banking initiatives continue to crop up in countries where the legislation. Turkish banks and businesses may be familiar with the broad strokes of PSD2, but its impact may be somewhat different.

Payment APIs and Integration 52

Payment APIs and Integration Regulations API Rules 52

PYMNTS

NOVEMBER 7, 2016

The holiday season has arrived — meaning sales, snowflakes, good cheer, Christmas carols and fraudsters working day and night to break open your bank account through a variety of creative means. Apple mostly focuses on blocking malicious software, but it’s more lax about watching out for other violations within the app store.

Online and Mobile Banking 81

Online and Mobile Banking Blocks Credit Cards Origination 81

Stax

APRIL 30, 2024

Whether you run a small online store or a major brand, accepting electronic payments is a must for all businesses. They will also help you stay compliant with certain rules and regulations, including the various fees applicable to online payment processing. The bank forwards this information to the relevant credit card company.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

Segpay

MARCH 10, 2025

In the rapidly evolving world of online gaming, having a reliable and secure payment gateway is crucial for both gamers and gaming businesses. Understanding the Basics of Gaming Payment Gateways A gaming payment gateway is a technology that facilitates online transactions between players and gaming platforms.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

The Fintech Times

APRIL 22, 2024

Security is failing to keep pace with smartphone utilisation with compromised digital wallets and banking apps leading to growing identity threats, a report has revealed. Its research reveals that 78 per cent use their smartphones for mobile banking, 85 per cent for accessing email, 71 per cent for managing social media and 51 per cent.

Identity Theft 59

Identity Theft Consumer Online and Mobile Banking Monetary Loss 59

PYMNTS

FEBRUARY 14, 2020

Although fraud losses from banks, retailers and online platforms have continued into 2020, so has security innovation. That means protecting both mobile and online purchases as well as finding ways to better identify legitimate customers as fraud becomes more sophisticated.

Online and Mobile Banking 60

Online and Mobile Banking Fraud Prevention Authentication Account Takeovers 60