PYMNTS

MARCH 1, 2017

Developments in full-service payment solutions are changing the way companies conduct business by offering faster payment tools for both consumers and merchants. In various markets around the world, new solutions like mobile and contactless payments are starting to become more widely available. About The Tracker.

EMV

PYMNTS

APRIL 19, 2016

Genius STX, an iteration of Cayan’s Genius Platform specifically tailored for non-integrated retailers that might not even have a fully fledged POS system, will allow those merchants to join their larger competitors in accepting payments of diverse varieties, including Apple Pay, Android Pay and updated EMV credit and debit cards.

Faster Payments

PYMNTS

NOVEMBER 16, 2016

Yet, with EMV, they have gone online, said the Forter executive, even as law enforcement has not kept pace. More information is available on an account-by-account basis (and can lead to stolen data tied to those accounts), said Reitblat, with faster payments as a selling point. noted Reitblat. and Europe.

Account Takeovers

PYMNTS

FEBRUARY 28, 2020

There is no shortage of pressure points where consumers are pushing for progress – faster payments , mobile wallets, unattended retail , 5G … take your pick. percent: Portion of convenience stores that have not updated to EMV due to costs. Data: $175B: Approximate size of the lending gap for Southeast Asian SMBs.

Security

PYMNTS

DECEMBER 20, 2016

From open APIs to omnichannel, from EMV chip cards to faster payments, it’s hard to put a finger on exactly which happenings in the payments space had the biggest impact in 2016. But picking the most influential is a tough job.

Chip Cards

PYMNTS

AUGUST 9, 2017

Security is going to be consumers’ first concern when they hear about this new payment method — as with any new payment method — and rightly so. Today, the most encrypted way to transact is by Europay, Mastercard and Visa (EMV) chip cards. It’s as encrypted as an EMV chip card, yet can be processed in under two seconds.

Consumer

PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space.

B2B

PYMNTS

SEPTEMBER 21, 2018

In Europe, especially, nations must be on the lookout for payment card fraud. As reports noted, card-not-present (CNP) continues to be a threat as EMV compliance spreads. In addition, said Europol, instant payments reduce the time financial institutions (FIs) have to intervene in a transaction and may challenge detection.

Payroll

PYMNTS

FEBRUARY 26, 2020

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

Visa

PYMNTS

JUNE 6, 2017

And how fast will people get used to fast — as in faster payments? NACHA, with its Same Day ACH offering, is leading the charge for faster payments in the U.S., The network has evolved to offer a set of different payment options; most notably, it “allows next-day payments, value-dated payments and now same-day payments.”.

Same Day ACH

PYMNTS

OCTOBER 2, 2018

Squeezed out of tried-and-true methods of card fraud (thanks in no small part to EMV), the fraudsters are eyeing how to interfere with the money that firms legitimately send in the course of normal, daily business life. So, for Vocalink and others, it is the faster payments systems that should be prioritized.

Money Laundering

PYMNTS

JUNE 3, 2020

The combination of faster payments and more parties tied to a transaction heightens the fraud risk, introducing “gaps” where fraudsters can hide. The rise of FinTechs, also a global phenomenon as Tharle said, brings third parties into the mix.

Business Email Compromise

PYMNTS

MARCH 26, 2020

Driving payment card utilization and promoting the financial institutions’ brand can be made a bit easier by leveraging technologies such as EMV, contactless payments and tokenization, she said, which makes transactions faster and, of course, more secure. Davis told PYMNTS.

Payment APIs and Integration

PYMNTS

SEPTEMBER 5, 2019

Today in the payments news roundup, almost 40 percent of U.S. workers are engaged with the gig economy at some level, and most of them are hoping that instant and faster payments continue to grow in scope. How AI Makes Claims Payouts Faster and Smarter. Almost 40 percent of U.S.

Instant Payments

PYMNTS

JANUARY 25, 2019

And the demand for faster payments is strong in the U.S., Data: $255B: The value of faster payments in the United States at the end of 2018. merchants equipped to accept contactless payments at the point of sale. yet not all financial players agree on how to implement them. All this, Today In Data.

Community Banks

PYMNTS

DECEMBER 30, 2016

Wendrow believes having an efficient EMV chip reader can be an advantage for retailers that want to offer customers seamless payment transactions. But those transactions can sometimes get delayed by EMV chip readers that are delivering an uneasy user experience for many consumers. We were quite pleased by how quick it is.”.

CHIPS

Electronic Transactions Association

JANUARY 21, 2025

Interchange Interchange fees serve as a fundamental mechanism supporting payment system infrastructure, security measures, and consumer benefits. Faster Payments Faster payments create the potential for increased competition, the avoidance of late fees, and allow for better cash flow management.

Fraud Prevention

PYMNTS

JANUARY 2, 2017

During these 12 months, the Trackers followed the biggest developments, news and headlines from around all segments of the payments ecosystem. It was a busy year throughout the world of payments, with plenty of new technology making headlines along the way. FASTER PAYMENTS TRACKER. made its much-anticipated rollout.

ACH

PYMNTS

OCTOBER 18, 2018

Verification through Mastercard Identity Check lets those stakeholders support EMV 3-D Secure standards and increases transaction approval rates, while reducing false-positives. The technology will be rolled out next year, the company said.

Visa

Fintech Labs Insights

AUGUST 15, 2016

CardFlight to Power EMV Mobile Processing for BluePay. Compass Plus earns Faster Payments accreditation. NYMBUS Raises $12 Million in Round Led by Vensure Enterprises. Bento for Business Unveils New Mobile App. Around the web. Investopedia features Zooz and ThetaRay in a look at Israeli fintech startups.

Payments Accreditation

Fintech Labs Insights

AUGUST 22, 2016

The bank said it chose to transition to TranzWare “due to the platform’s strong local support, robust EMV capabilities and security features, flexibility and its cost effectiveness.” The London-based company recently became one of five institutions to earn aggregator accreditation from the Faster Payments initiative in the U.K.

Accreditation

PYMNTS

JULY 9, 2018

But, unless we want the advent of faster payments to also be the advent of faster fraud, companies need to really complete the picture of who their customer really is,” he said. Fraud Proofing The Future. Thieves, Barnhardt added, are persistent and adaptable.

Fraud Detection

Payments Source

MARCH 12, 2019

Merchant terminals—the longtime bedrock technology of the payments industry—are rapidly evolving, and few people have a better view than Jennifer Miles, executive vice president of North America for France-based payment terminal maker Ingenico.

Technology

Payments Source

MARCH 27, 2017

Lots of countries are making big changes to their payment ecosystems, with lots of public fallout. By contrast, Canada's efforts appear much more subdued.

Payments

PYMNTS

MAY 30, 2016

Are SMBs Ready For EMV? We talk to nearly 700 SMBs every quarter to get their views on payments and technology adoption. What we learn is that familiarity does not always breed contempt — checks are still a well-trodden way to make a payment — but that new technologies are starting to make some headway. Faster Payments.

Online and Mobile Banking

Stax

MARCH 19, 2024

It enhances user experience through seamless transactions Incorporating payment processing functionality into your platform means your users no longer have to pay for third-party financial software, and that will drastically increase the value of your product to them, leading to higher customer loyalty.

Payment APIs and Integration

PYMNTS

JUNE 20, 2016

and retailers fear customer satisfaction backlash over the move to EMV and the impact on speedy checkout. Faster Payments Won’t Just Be About Speed. At the start of the year, the narrative around a new set of payments rails in the U.S. was all about the need for speed.

Online and Mobile Banking

PYMNTS

APRIL 8, 2019

The contactless card feature is built on secure EMV chip technology, which is the same security used on EMV cards. Wells Fargo said in the press release that the contactless payment cards are part of the bank’s push to boost convenience for customers by embracing the latest technologies.

Contactless Payments

PYMNTS

MARCH 7, 2016

The POS breaches that colored our world in payments starting at the tail end of 2013 set in motion a whole host of activities designed to protect payments data at the physical point of sale. Big merchants threw their support behind EMV as a way to avoid having counterfeit cards used in their stores. Here in the U.S.,

Online and Mobile Banking

PYMNTS

DECEMBER 22, 2016

Though, there are several payments-related issues that SMEs are watching for the year ahead. Faster payments initiatives and payments security efforts are challenging SMEs to stay ahead of innovation and new rules like EMV compliance.

Regulations

EBizCharge

FEBRUARY 19, 2025

Greater flexibility and customer satisfaction: Multiple payment methods provide greater flexibility, allowing customers to choose their preferred payment option, whether its credit cards, ACH/eChecks, or digital wallets, enhancing their overall experience.

Payment Gateways