Great Britain’s smaller banks are apparently among the largest targets for payment fraud. That’s according to a report issued Tuesday (Oct. 31) by the U.K.’s Payment Systems Regulator (PSR) examining the extent of authorized push payments fraud (APP). “This is the first time we can...
Businesses face uncertain times, with high borrowing costs and late payments igniting an urgent need to reduce operating expenses and improve cash flow. One key solution is upgrading and streamlining costly legacy and manual methods that still comprise the bulk of business-to-business (B2B) payment processes....
The 21st century’s digital landscape is full of enterprise catch-22s and trade-offs. But one of the biggest may be threading the needle between delivering a seamless digital customer experience without sacrificing security or compromising revenue. That’s why PYMNTS sat down with Forter Chief Information Security...
As inflationary pressures continue to impact household budgets, U.S. consumers are taking measures to trim their expenses and prioritize cost-saving shopping features when choosing a merchant. In the “2023 Global Digital Shopping Index: U.S. Edition” playbook, PYMNTS Intelligence draws insights from a survey of more than...
For every trusted resource, there is a bad actor trying to take advantage of it. And that is the catch-22 of call centers. The pivotal role they play across various industries also makes them an attractive target for fraudsters seeking to exploit and capture sensitive...
In the realm of property leasing, Simon Property Group, the largest mall owner and developer in the U.S., is seeing growth in tenant sales, particularly in its tourism-centric properties, including both outlets and malls. While overall foot traffic was reported to be slightly higher compared...
Pinterest’s CEO, Bill Ready, made it clear on Monday (Oct. 30) that the social media platform is prepared to embrace a cookieless future, emphasizing that there’s no need to extensively track users. This statement reflects a fundamental aspect of Pinterest’s design, wherein users convey their...
For merchants looking to enhance customer engagement and maintain a competitive edge in a highly competitive market, loyalty programs are a vital asset. In fact, these programs, many tied to store or co-branded credit cards, can be used as a strategic tool to keep cardholders...
Dwolla, an account-to-account payment services provider, has expanded its Dwolla Connect solution by integrating it with the open finance ecosystem. This integration allows Dwolla Connect clients to securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers,...
