Business E-mail Compromise (BEC) fraud scams are on the rise, and the latest data shows a boost in the number of incidents and the value of the fraudulent transactions overall, according to a new report. Separately, in the states, the Inspector General has found that...
Today (June 17) Visa is announcing that their sensory branding suite is in over two dozen countries care of a dozen new partnerships. Visa’s sensory branding suite of products includes a sound, animation and haptic cues for consumers and merchants when a Visa transaction is...
Megadeals everywhere in payments? Global Payments has inked a deal to acquire Total System Services (TSYS) in a $21.5 billion deal. Bloomberg, citing to people with knowledge of the matter, reported the all-stock deal will be announced later Tuesday (May 28). It marks the payment...
The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to anti-money laundering (AML) controls. According to the FTC, the company violated the settlement struck in 2012 that stemmed from charges that...
October 20, 2020
Consumers love how easy it is to use credit cards to make purchases, but hate how hard it can be to dispute a transaction. In the Credit Card Frictions Report, PYMNTS surveyed over 2,000 consumers to examine how frictions such as card disputes and declines affect users’ perceptions of merchants, issuers and networks — in ways both good and bad.
June 17, 2019
Today (June 17) Visa is announcing that their sensory branding suite is in over two dozen countries care of a dozen new partnerships. Visa’s sensory branding suite of products includes a sound, animation and haptic cues for consumers and merchants when a Visa transaction is completed. The tools were designed to provide customers with a […]
May 28, 2019
Megadeals everywhere in payments? Global Payments has inked a deal to acquire Total System Services (TSYS) in a $21.5 billion deal. Bloomberg, citing to people with knowledge of the matter, ...
November 08, 2018
The Federal Trade Commission (FTC) said on Thursday (Nov. 8) that MoneyGram will pay $125 million in penalties after having violated a six-year-old settlement tied to anti-money laundering (AML) controls. According...
July 04, 2017
Whether it’s waiting for a paycheck to show up in the bank or accidentally making a charge on a company card rather than a personal one, payment method and online...
