FICO

APRIL 24, 2017

Financial Fraud Action UK (FFA UK) recently released their 2016 UK fraud performance report. Whilst there were some logical changes between 2015 and 2016, I was surprised at the fluctuation and significant shifts fraudsters have made in order to circumvent existing controls.

Mobile Banking 68

Mobile Banking Scams Mitigation Risk 68

Payments Source

JANUARY 18, 2017

Mastercard's deal for a controlling stake in VocaLink represented the largest transaction value in payments in 2016 for an industry that saw an 18% increase in acquisition volume.

Visa 60

Visa Volume Payments Transactions 60

Payments Source

NOVEMBER 29, 2017

customers was taken in a 2016 security breach that hit 57 million riders and drivers globally and that the company kept secret from the public and authorities until recently. Uber Technologies Inc. said information from 2.7 million U.K.

Breach 64

Breach Data Breach Accounts Authorization 64

PYMNTS

DECEMBER 30, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The “Ecosystem,” Redefined.

Multifactor Authentication 56

Multifactor Authentication Point-of-Sale (POS) Payments Authentication 56

Payments Source

JUNE 16, 2016

Payments company Ingenico and POS manufacturer Bleep are collaborating on payments services for pop-up stores this summer at the 2016 European Football Championship in France.

Payments 62

Payments Technology 62

PYMNTS

APRIL 27, 2017

million complaints in the second half of 2016 concerning financial products. In its figures, the FCA noted that total complaints were higher in the second half of 2016 compared to the first — when 2.05 In its figures, the FCA noted that total complaints were higher in the second half of 2016 compared to the first — when 2.05

Authorization 60

Authorization Credit Cards Business Day Product 60

PYMNTS

SEPTEMBER 29, 2019

Consumer bank Marcus , launched by Goldman Sachs in 2016, has lost $1.3 In 2016, Marcus launched consumer savings accounts with an opening balance of just $1. billion despite buying startups and building call centers in Utah and Texas, The Wall Street Journal reported Saturday (Sept. It also offered loans for a “few thousand dollars.”.

Consumer 46

Consumer Credit Cards Accounts Transactions 46

PYMNTS

NOVEMBER 27, 2018

27) for the data breach in 2016 that impacted millions of users. The fines stem from a data breach in 2016 in which the names, mobile phone numbers and email addresses of 57 million users around the globe were compromised. We’re pleased to close this chapter on the data incident from 2016,” Uber said in a statement to Reuters. “As

Data Breach 53

Data Breach Breach Regulations NOV 53

Payments Source

JUNE 20, 2017

North America remains a favorite target for hackers, with incidents at the point of sale rising dramatically in 2016 and payment card data again proving to be the most at risk, according to new research from Trustwave.

Research 60

Research Risk Payments Security 60

Payments Source

APRIL 12, 2017

In the first half of 2016, the payments industry had its most active six months of merger-and-acquisition activity since the second half of 2014.

Payments 60

Payments ISOs Process Retail Payments 60

PYMNTS

FEBRUARY 2, 2017

The number of identity fraud victims rose 16 percent in 2016, marking the highest level since Javelin Strategy & Research began tracking the trend in 2003. According to the research, during 2016 there was a resurgence in existing card fraud, which saw an increase of 40 percent in card-not-present fraud.

Account Takeovers 50

Account Takeovers Research EMV Data Breach 50

PYMNTS

DECEMBER 27, 2016

While some say it’s looking up to be a solid year with consumer confidence up and Americans optimistic about their future credit journey , others see concern as the 2016 year comes to a close. percent over the past three months of the year, while the Federal Reserve says 2016 will have a total of 1.9 percent growth and 2.1

Federal Reserve 40

Federal Reserve Economy Consumer Research 40

Payments Dive

OCTOBER 6, 2016

Michelle Evans, the digital consumer manager for Euromonitor International, shares some findings from the company's latest global research.

Mobile Payments 167

Mobile Payments Research Payments Consumer 167

PYMNTS

DECEMBER 23, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Here is the response from Steven Cole, Senior Product Manager, EMV, Vantiv … Payments 2016: The Year Of The Chip.

CHIPS 53

CHIPS EMV Payments Contactless Payments 53

Payments Source

AUGUST 1, 2016

In the first half of 2016, the payments industry had its most active six months of merger-and-acquisition activity since the second half of 2014.

Payments 60

Payments Acquirers Process 60

PYMNTS

DECEMBER 22, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The Gazelle. Some observers might remember 2016 as the year that new, faster payment technologies truly began to take hold.

Same Day ACH 49

Same Day ACH Payments On-Demand Economy 49

PYMNTS

SEPTEMBER 23, 2016

There’s been a dearth of IPOs this year — so much so that 2016 will go down as a banner year of less than plenty for investment bankers who rely on fees from this corner of the market, depressed as it is to a multi-decade low. The Wall Street Journal reported on Thursday (Sept.

Adjustments 69

Adjustments Volume 69

PYMNTS

FEBRUARY 2, 2017

It’s well known that Amazon has dominated the eCommerce market for years, but a new report shows just how much: Slice Intelligence found that Amazon accounted for 43 percent of all online sales in 2016. percent in 2012. What’s more, sales of the Amazon Echo family of devices were up nine times compared to the holiday season last year.

Accounts 60

Accounts Product Consumer 60

PYMNTS

JULY 11, 2016

Still, analysts are taking 2016’s midpoint to assess the financial health of businesses outside the public realm — namely, SMEs. At the end of Q2 2016, small businesses are still waiting a long time to get paid, though there have been some improvements in B2B payment speeds. Overall, the second quarter of 2016 saw a 0.07

Small Business 41

Small Business B2B Research Assessments 41

PYMNTS

DECEMBER 28, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Capitulation . The year 2016 was the year of capitulation by FinTechs to the traditional banking industry.

Payments 51

Payments FinTech Regulations B2C 51

PYMNTS

JANUARY 31, 2017

Whereas the latter half of 2016 saw a downward spiral in retail stocks, Ulta was the ray of light shining through with a 38 percent stock surge. The unexpected beauty queen reigning supreme is none other than cosmetic superstore Ulta , where anyone can walk in off the street for countless hair and makeup options.

Research 63

Research Innovation Accounts Product 63

PYMNTS

JANUARY 3, 2017

“There’s [still] an app for that,” as they say, and there were even more in 2016. mobile subscribers by the end of September 2016 (up 2 percent from the beginning of the year), with 53 percent of users on Android devices and 45 percent on iOS devices. In a recent study, the research firm took a look at the top trends.

Research 44

Research Technology 44

PYMNTS

DECEMBER 30, 2016

2016 started off with a bang in the retail world when MPD and PYMNTS uncovered a few discrepancies in the retail data that many major retailers and reporting institutions were using to underestimate the impact of digital sales on brick-and-mortar sales. “In A Retail Data Reporting Error Was Uncovered.

EMV 49

EMV Visa Alternative Payment Methods Multifactor Authentication 49

PYMNTS

DECEMBER 29, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Major Shifts in Payments. Here are three key shifts we’ve seen in 2016. We’ve Got The Technology. Where’s The Value?

Payments 50

Payments Cryptocurrency Bitcoin Innovation 50

PYMNTS

JANUARY 27, 2017

PayPal met analyst expectations as it reported its Q4 2016 earnings yesterday (Jan 26) — while adding active uses and increasing payments volume. PayPal reported adjusted net income of $512 million, or 42 cents per share during Q4 2016, vs asjusted net profit of $443 million, or 36 cents a share, in the same period last year.

PayPal 40

PayPal Venmo Volume Adjustments 40

CB Insights

SEPTEMBER 13, 2016

With 74 deals this year-to-date, beauty startups may have the momentum to hit a record annual deal high in 2016. The category has recently garnered a lot of attention from corporates and VCs; this year alone, Sephora launched a beauty … Continued.

Continuity 73

Continuity 73

PYMNTS

DECEMBER 13, 2016

According to DynamicAction’s Retail Index: Holiday 2016 , retailers have increasing their promotions and offers by 52 percent this holiday season. Merchants are capitalizing on the power of deals more than ever before. Whether it’s buy one, get one free or just a 20 percent off coupon, merchants are answering the call for shopping promotions.

Consumer 74

Consumer Product Transactions Process 74

PYMNTS

DECEMBER 28, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of EMV-Enabled Cards. Throughout 2016, financial institutions continued to roll out new EMV-enabled cards to their consumers.

EMV 46

EMV Chip Cards CHIPS Payments 46

CB Insights

MARCH 1, 2017

In 2016 investors continued to ramp up their deals to companies aiming to use digital solutions to remedy pain points in the healthcare system. Global equity funding to private digital health startups grew for the 7th straight year in 2016, … Continued.

Continuity 46

Continuity Finance 46

FICO

MAY 5, 2016

FICO World 2016, The Decisions Conference, came to a close in Washington, DC last week; here is a detailed breakdown of where you can find the best videos, announcements, pictures and session presentations from the event: Announcements. Future of Decision Management Explored as FICO World 2016 Opens. FICO CTO Launch Event 2016.

Cybersecurity 40

Cybersecurity Breach Posting Authorization 40

FICO

APRIL 26, 2016

FICO ® World 2016, The Decisions Conference , kicks off today in Washington, DC. Date: Tuesday, April 26, 2016. Webcast URL: FICO CTO Launch Webcast 2016. The post Watch Live Webcast from FICO World 2016 appeared first on FICO. This afternoon we will be webcasting our launch event live at 4 pm ET (1 pm PT).

Innovation 40

Innovation Technology Posting Product 40

PYMNTS

FEBRUARY 7, 2017

For the fourth quarter of the fiscal year 2016, Gap Inc.’s s comparable sales for Q4 2016 were up 2 percent compared to the previous year’s decline of 7 percent. “We remain focused on actions that will strengthen our brands and recapture market share.”. Net sales for Jan. s net sales increased 1 percent to $4.43 billion, up from $4.39

Adjustments 40

Adjustments 40

PYMNTS

AUGUST 5, 2019

To that end, the Financial Crimes Enforcement Network (FinCEN), part of the US Department of the Treasury, has estimated that fraudsters have tried to scam as much as $9 billion through business e-mail compromise attempts since 2016. Taken on a daily basis, the BEC scams have tried to siphon off $8.7

Business Email Compromise 43

Business Email Compromise Fincen Scams Email Compromise 43

PYMNTS

DECEMBER 26, 2016

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of Clarity For The Payments Sector. 2016 was the year 3-D Secure, specifically 3-D Secure 2.0, Today the vision is clear.

Payments 49

Payments Authentication Issuers Innovation 49

PYMNTS

FEBRUARY 9, 2017

million in revenue during Q4 2016, which is a significant increase of 38 percent from its 2015 Q4 earnings of $100 million. Grubhub CEO Matt Maloney went into why he believes the company saw such success over the last year in this quote from the earnings call : “2016 was an incredibly successful year for Grubhub.

On-Demand 40

On-Demand Adjustments Acquirers Economy 40

CB Insights

MARCH 17, 2017

Startups attacking the legal industry received a record number of deals in 2016, with $155M invested across 67 deals. We dug into the data using the CB Insights platform and examined investment to the legal tech category on a yearly … Continued.

Legal 53

Legal Continuity Finance FinTech 53

PYMNTS

NOVEMBER 11, 2016

According to a release, Vantiv representatives expect that the acquisition will “have an immaterial impact on its 2016 results and be accretive to its pro forma–adjusted net income in 2017.”. The acquisition is slated to be finalized by the end of the year.

Acquirers 59

Acquirers Cross-Border Adjustments Continuity 59