February 24, 2016
Western Union Under Watch As EU Eyes Money Transfer Market
Western Union is being questioned by the European Union’s antitrust regulators in relation to allegations that it conspired with banks to push its rivals out of the money-transfer market. Get the...
February 24, 2016
When Retail Fraud Is An Inside Job
The traditional view of cybercrime is that it is conducted by shadowy figures far removed from the businesses they attack. But, as a number of recent surveys show, that’s not...
February 24, 2016
Retail Payments Task Force: 2016 Not ‘Year Of Mobile Pay’
At the end of 2015, the Retail Payments Risk Forum, which is part of the Federal Reserve, promised the payments community it would provide its projections for the year 2016....
February 24, 2016
Who’s Your Perfect Payments Match?
From eCommerce fraud to faster payments, checkout abandonment to consumer engagement – narrowing down the hottest topics in payments can be as easy as swiping left or right. The PYMNTS Matchmaker...
February 23, 2016
EMV’s Slow Crawl Into Retail
Last year, starting in about August, the big EMV countdown was underway — though the question as to whether they were going to “make it” was already answered. They weren’t....
February 23, 2016
The Payments Legislation No One Is Talking About
In one blog post this month, Finextra called it “the mother of all European Union banking regulations.” In another, the publication highlighted all of the confusion and misinformation surrounding the...
February 23, 2016
MasterCard’s ‘Selfie Pay’ Coming To The UK
MasterCard’s facial recognition payment option, commonly referred to as “selfie pay,” is expanding beyond tests in the U.S. and Netherlands. Get the Full Story Complete the form to unlock this...
February 23, 2016
The Smart Cities Playbook
City living is set to skyrocket — with unprecedented growth expected by the year 2050 — placing a huge amount of stress on the infrastructures that keep cities running. But...
February 22, 2016
MWC 2016 Day 1 Recap: Payments Networks Take Center Stage
Mobile World Congress 2016 in Barcelona kicked off today (Feb. 22) and, as expected, the event brought about a slew of major announcements from mobile payments players, payments networks, startups...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
Companies think their identity systems are working—until the numbers prove otherwise. “The Hidden Costs of ‘Good Enough’: Identity Verification in the Age of Bots and Agents,” a PYMNTS Intelligence and Trulioo collaboration, reveals how “good enough” identity verification quietly drains $95 billion in revenue due to fraud and missed opportunities each year. In the age of bots and agents, complacency isn’t just risky—it’s expensive.