PYMNTS

AUGUST 15, 2018

Square Makes EMV Transactions Faster In The US. Ripple Eyes China’s Cross-Border Payments Market. Today’s coverage includes news about faster chip card transactions, along with brightening prospects for retail and technology in the U.S. The company said sellers in the U.S.

EMV

PYMNTS

NOVEMBER 18, 2016

We’re heading into our second holiday season with more retailers EMV ready, which means CNP fraud becomes a lot more attractive to organized and tech-savvy criminals. While some cross-border countries present a greater fraud risk, others offer increased sales potential.

Cross-Border

PYMNTS

DECEMBER 13, 2016

Since EMV launched and chip technology has made it harder to defraud card-present transactions, fraudsters are moving over into card-not-present transactions. Graff noted that increased cross-border trends have also led to the increase in digital fraud. Venezuela has the highest cross-border eCommerce attack rate at 17.04

Cross-Border

The Payments Association

OCTOBER 4, 2024

While technologies like EMV chip cards (chip & pin), tokenisation, and biometrics have been developed to enhance security, fraudsters continue to adapt. Globalisation and cross-border payments As commerce becomes increasingly global, the demand for seamless cross-border payments is growing.

Online and Mobile Banking

Clearly Payments

MARCH 22, 2024

Adhering to standards set by organizations such as the Payment Card Industry Data Security Standard (PCI DSS), the General Data Protection Regulation (GDPR), and Europay, MasterCard and Visa (EMV) helps to ensure that mobile payment systems meet stringent security and privacy requirements.

Contactless Payments

Clearly Payments

NOVEMBER 17, 2023

Try to Make Transactions EMV Compatible Businesses can strategically focus on encouraging and facilitating EMV transactions as a means of enhancing security and concurrently reducing interchange rates. As a result, interchange rates are lower for transactions processed through EMV technology.

Credit Cards

PYMNTS

JULY 28, 2020

The company estimates that by 2025 almost half of businesses will use digital payment systems to help with speed, reducing terms, financing and cross-border services. The new tool, called Payment Solutions for SYSPRO, aims to offer real-time credit card processing for sales order entry and invoicing within SYSPRO.

Cross-Border

PYMNTS

APRIL 22, 2016

Visa posted earnings last night that beat on the top line and the bottom line, but investors remained skittish on the news that cross-border spending is weak and that macrotrends are not really progressing. payments volume was up 11 percent, a salve against cross-border. The cross-border volume was a subpar 5 percent.

Volume

PYMNTS

MAY 5, 2016

Doug Schwegman, Director of Market Intelligence at CyberSource, told MPD CEO Karen Webster that “what’s interesting is that trends are positive,” though Schwegman acknowledged that the study of 307 businesses was done last fall before the EMV liability shift occurred. Fraud Is Even Lower In Cross-Border Commerce?

Cross-Border

PYMNTS

JULY 25, 2017

We think EMV is directly responsible for the increase in fraud, but it’s not the only reason,” Heron said, directly addressing the rise of CNP fraud in developed nations. If EMV didn’t happen, we would still see an increase in fraud, but it’s making it worse.”. Card not present fraud’s growth is] a combination of two things,” he said.

EMV

PYMNTS

FEBRUARY 20, 2019

After making their selections at a kiosk, diners can swipe their credit card (EMV/chip or contactless). The offering works along with the Amazon PayCode cross-border payment option. About the same share – or 57.9 percent – of customers were extremely satisfied paying with an employee or kiosk.

Consumer

PYMNTS

FEBRUARY 26, 2020

An incredibly short and incomplete list includes the EMV changeover in the U.S., Broader payment flows is putting it mildly, of course. The decade that started with economic upheaval shifted nearly immediately into one marked by an explosion of changes.

Visa

PYMNTS

JULY 22, 2016

Of interest to the international scope the company has set in its sights: cross-border transactions grew by 5 percent year over year as measured on a constant dollar basis. Scharf also said that EMV, after the initial rollout last year, has spurred more than 325 million Visa chip cards out in the field as of June of this year.

PayPal

PYMNTS

MARCH 29, 2016

“As soon as EMV started to really get pushed down into the [physical] stores, a lot more fraud moved online,” Dangelmaier explained. Currency mismatches from cross-border buyers or dollar threshold triggers intra-country or cross-border are common triggers, Dangelmaier said.

Cross-Border

PYMNTS

OCTOBER 1, 2019

However, the banks that have been and will be successful are the ones that see faster payments as the “new normal” for payments, clearing and settlement — and with the “new normal” comes new ways to do everything, from account-to-account payments to transfers across borders.

ISO 20022

PYMNTS

FEBRUARY 2, 2018

Cross border volumes were up nine percent, and whole revenue growth was up 12 percent, with Europe performing better than the company expected even amid Brexit concerns. We actually think we need to encourage the adoption of EMV for security reasons,” he added.

EMV

Fintech Labs Insights

OCTOBER 16, 2016

It’s been one year since EMV regulation in the United States was placed into effect. Mobile POS company CardFlight ( F13 ) released data on EMV usage in the U.S. over the course of the year and found: 78% of cards now contain EMV chips, up from 46% in October 2015. Check out CardFlight’s full EMV report here.

EMV

PYMNTS

APRIL 25, 2016

Last October’s mandate was more of a liability shift related to the implementation of EMV at the physical point of sale. Also, with the migration of fraud to online channels as a result of EMV, Ahlawat said cardholders are also turning to alerts to keep them informed about eCommerce purchases. Effective Oct.

Issuers

PYMNTS

JANUARY 2, 2017

Winding down the year, the most recent Trackers examined just what it takes to get all those Christmas presents ordered online to loved ones across borders. From using virtual reality to overhauling the retail industry to shifting trends in cross-border payments, here are some of the highlights from our 2016 Trackers.

ACH

PYMNTS

OCTOBER 27, 2017

This is a sharp reversal from stats that actually showed fraud levels on the decline between Q4 2015 and Q1 2106, thanks to the implementation of EMV at the physical point of sale. Commerce Crossing Borders: Numbers are strong from global payments giant, Visa, where cross-border transactions were up 10 percent.

AI

PYMNTS

MAY 5, 2017

The growth in digital payment fraud comes as activity has moved away from card-present transactions in an ecosystem protected by EMV authentication standards. Fraudsters are getting more determined, and they are no longer deterred by a measured anti-fraud response,” said Michael Graff, Radial’s Risk Analytics Manager.

Breach

PYMNTS

NOVEMBER 19, 2018

Bloomberg had earlier reported that Western Union has been looking for a buyer for its unit that provides cross-border B2B payments services. Citi is reportedly advising on the purchase. FLEETCOR, meanwhile, has been expanding its reach as a B2B payments firm since its acquisition of Cambridge Global Payments last year.

Payroll

Fintech Labs Insights

MARCH 9, 2016

CardFlight integrates with Stripe to encourage developers to build EMV payment functionality within their mobile apps. Xero extends partnership with MidPoint to make cross-border procurement easier. Mitek launches Mobile Deposit in the U.K. with other countries to follow. Personal Capital Exceeds $2 Billion AUM.

Cross-Border

EBizCharge

MAY 15, 2024

Some standard B2B payment options include: Credit Card Check ACH Wire Transfer EMV Credit card Credit cards are a standard and versatile payment method in the B2B landscape. Wire transfers expedite fund transfers between banks with speed and security, making them suitable for time-sensitive deals or cross-border partnerships.

B2B

PYMNTS

MAY 24, 2018

Starting out as a cost-effective EMV-dongle for micro merchants that attached to a smartphone, the solution is now a merchant services platform with a variety of client-facing features and back-office utilities for those SMBs. That bigger perspective has also been key to how the iZettle product itself has been developed.

PayPal

Fintech Labs Insights

OCTOBER 3, 2016

Announced EMV-instant issuance milestone of more than 10 million cards in the U.S. Announced instantaneous cross-border payments. Partnered with Verifone to facilitate EMV payments at restaurants. Enhanced WSO software and services to better integrate trade settlement and cross-border lending. in one year.

Payment APIs and Integration

PYMNTS

MAY 30, 2016

Are SMBs Ready For EMV? EMV, in particular, is very much on their agenda, to the surprise of many who believed that they would be among the last to get on board. EMV, in particular, is very much on their agenda, to the surprise of many who believed that they would be among the last to get on board. Cross-Border Payments.

Online and Mobile Banking

PYMNTS

JUNE 20, 2016

and retailers fear customer satisfaction backlash over the move to EMV and the impact on speedy checkout. In January, Walmart announced that Walmart Pay would be its cross platform/cross channel/cross payment tender mobile payments application using its Walmart.com app to enable checkout in-store.

Online and Mobile Banking

PYMNTS

FEBRUARY 15, 2019

The service is initially being rolled out in 10 countries across Latin America, Africa and India, and comes as cross-border shopping, according to some reports, will comprise 20 percent of eCommerce within three years. Card-present fraud slides, again: Continued traction is evident in the fight against fraud at the register.

Romance Scams

PYMNTS

JANUARY 7, 2019

are now EMV-compliant. That’s despite being first to market with a voice assistant called Siri and a mobile payments platform called Apple Pay, both of which have failed to cross the commerce chasm in any meaningful way. Today, some 59 percent of POS terminals in the U.S.

Online and Mobile Banking

PYMNTS

FEBRUARY 29, 2016

As friction-free as it used to be in the physical store in the good of days before EMV when swiping was easy and fast. Small screens and shoppers on the move require a checkout process that’s efficient and void of friction if a merchant actually wants to convert those shoppers to buyers. . Here’s the evidence. CAN THIS MARRIAGE BE SAVED?

Online and Mobile Banking

Clearly Payments

JANUARY 8, 2025

Cryptocurrencies have seen increasing acceptance by large retailers, payment providers, and cross-border remittance services. Cryptocurrencies, on the other hand, are redefining access in places where traditional banking might be limited, offering an alternative approach to cross-border transactions and financial services.

Credit Cards

EBizCharge

FEBRUARY 19, 2025

International businesses can also benefit from working with a provider that supports multi-currency and cross-border payments to make these transactions easier. Customizable workflows: Customizable workflows in NetSuite can tailor payment collections to meet unique operational requirements and customer preferences.

Payment Gateways