PYMNTS

JANUARY 1, 2021

Many consumers were still facing pandemic-related financial strains going in to the holidays, making flexible payment options all the more important as they began buying gifts. I think, when you’re spending close to $200, BNPL can make it more palatable and make the items more accessible,” Demsky said. “We Digital-First Banking. Disbursements.

Economy 103

Economy Online and Mobile Banking Credit Union Money Laundering 103

The Fintech Times

JULY 31, 2024

This July, we are on the hunt to find out how the fintech industry is doing ‘good’ for local communities and the world, revealing current and future plans to make change. While many organisations are successfully solving genuine issues , regulators are as keenly focused on these firms as those out to maximise profits.

Compliance 64

Compliance AML Regulations Due Diligence 64

PYMNTS

JANUARY 4, 2018

Another year, another chance for mobile wallet players to convince consumers to give up their plastic cards and utilize the phone as a payments form factor. according to IR Search. More than 40 percent of respondents — as of September 2017 — noted that they liked their cards just fine. It hasn’t been easy. percent to be exact).

Push-to-Card 43

Push-to-Card Online and Mobile Banking Mobile Payments Wire Transfer 43

PYMNTS

MAY 11, 2020

Others believe there’s a paper check coming but find no details on the IRS “Get My Payment” web portal set up to track the progress of funds. The Visa Direct push payments service is likewise an option to disburse PPP funds and other financial relief. People want answers. Here’s one that provides clarity on the matter: “As the U.S.

Online and Mobile Banking 52

Online and Mobile Banking Multi-Currency Digital Currency Federal Reserve 52

PYMNTS

OCTOBER 22, 2018

Fraudsters have found a new favored method for the holidays, the Sears’ bankruptcy filing finally came in and the major card networks found themselves on the wrong side of India’s emerging data privacy efforts. Gift Cards’ New Unfavorable Fans. As of September 2018, losses from gift-card fraud have hit $53 million.

Laws 53

Laws Privacy FTC Push-to-Card 53

PYMNTS

AUGUST 20, 2019

Bigger than credit card debt. The(ir) parents are actually doing the responsible thing,” said Thompson about the decisions to cosign, “but the parents are left in a really hard place particularly if they don’t have savings.”. Bigger than auto debt. Increasingly, companies across the U.S. The Misconceptions. Think again.

Credit Cards 54

Credit Cards Push-to-Card ACH Network IRS 54

PYMNTS

SEPTEMBER 10, 2018

Webster related a story of trying to figure out purchases on a credit card statement that entailed two different authentications by two entities using completely different methods in under five minutes. He noted that he had a friend who tried to sign on for a Netflix subscription with a card that was inexplicably declined.

Authentication 40

Authentication Push-to-Card Use Case Compromise 40

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Like it or not, automation is not only possible – it’s already changing the world in dramatic ways.

Remote Deposit Capture 43

Remote Deposit Capture Automation Cross-Border Compliance 43

PYMNTS

NOVEMBER 29, 2017

In the case of Al Capone, the Justice Department and the IRS went after the Chicago Outfit for tax evasion. Also, in the 1920s, it had recently been ruled unconstitutional to make, transport or sell alcohol (because making a rule against something always stops people from wanting to do it, right?). Spoiler alert: People still wanted to drink.

Money Laundering 46

Money Laundering Acquirers Transactions Crime 46

PYMNTS

MAY 31, 2018

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Like it or not, automation is not only possible – it’s already changing the world in dramatic ways.

Remote Deposit Capture 40

Remote Deposit Capture Automation Cross-Border Compliance 40

PYMNTS

APRIL 7, 2017

billion accounts internationally, Stavridis said that activity encompasses larger nations pushing on smaller ones and on other big nations too. Along with that threat surface, said Stavridis, there are vectors to be concerned about. Kitty Hawk and the Dawn of ‘Figuring All of This Out’. into the age of flight — the U.S.

Cybersecurity 40

Cybersecurity Authentication Security Federal Reserve 40

Segpay

FEBRUARY 28, 2024

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Always verify total processing costs for each card brand at projected volumes. . √ Merchants can implement several best practices to avoid surprise processing costs.

Processors 52

Processors IRS Push-to-Card Non-Bank 52

PYMNTS

MARCH 31, 2020

The attempt to head off those ugly things is what has caused something truly rare in the federal government — bi-partisan, concerted efforts to push disaster relief at a national scale. economy into a recession. There is a bright side to this situation, he said, and one that is important to keep in mind. Probably not. Probably not.

Economy 56

Economy Push-to-Card IRS ACH 56

PYMNTS

JANUARY 11, 2021

And while unions are actively advocating for their members, increasing employers are joining in the push. There’s plenty of data from the consumer side as they have flocked to digital-first options. Less obvious are the changes that have had to be endured by grocery workers. But on Monday (Jan. Vaccine distribution in the U.S.

Economy 61

Economy IRS Push-to-Card Debit Card 61

PYMNTS

DECEMBER 11, 2017

And why do card networks and banks continue to hire actors and spokespeople to blanket the airways with clever ads that tout the merits of using their products? But then again, maybe you think it’s not you; it’s those crazy, cord-cutting, mobile-centric, social network-tethered 18 to 24-year-olds who’ve given television the boot.

Online and Mobile Banking 43

Online and Mobile Banking Product IRS Consumer 43