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Recent reports that counterfeit card fraud is markedly down in the U.S. since the introduction of EMV chip cards in 2015 is fantastic news, except for retailers that also sell goods sells online. In that case fraud has merely moved from an in-store payment attempt to a card not present (CNP) one. For e-commerce only stores the rise in payments fraud attempts has been a deluge.
October 2 -
The San Diego-based institution changed its name in attempt to reach wider audience.
October 2 -
Banks need to understand that examiners' job is to call it like they see it.
October 2Office of the Comptroller of the Currency -
The information you need to start your day, from PaymentsSource and around the web. Today: Amazon's supermarket takes shape; Payment companies push India on fraud prevention; NAB boosts digital receipts; Google Pay adds restaurant technology.
October 2 -
As the industry increases its attempts to diversify its ranks, just 81 out of more than 5,000 CUs completed the regulator’s self-assessment last year.
October 2 -
Some bank customers would consider switching banks for the status of having a metal card in their wallet. Others are willing to compromise by converting their cards to metal on their own.
October 2 -
Governments use varying methods for tracking the flow of money in and out of the country in order to deter fraud and money laundering, writes Nvoicepay's Alyssa Callahan.
October 2Nvoicepay -
Linderman helped build Zions Bank into a retail force and shaped the multistate retail strategy of its parent company, but she will best be remembered for opening countless doors for women and minorities.
October 1 -
Dorothy Savarese will remain the Massachusetts bank's chairman and CEO.
October 1 -
Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says.
October 1