by: Nicole Reyes Fraud text alerts are among those tools assisting consumers and financial institutions (FIs) in the identification of fraud and in the reduction of the unnecessary inconvenience generated by false positives. Triggered by [...]
by: Nicole Reyes Last week, several news outlets proclaimed November as the most active month for card fraudsters. As the bad guys step up their games, credit and debit card issuers are advised to do [...]
by: Konrad Christensen Prepaid cardholders are currently among the top mobile payments users in the U.S. With that in mind, the fact that prepaid card transaction value is expected to total $274 billion by [...]
by: Brandon Bogler Big Data has reached a critical stage. The market is poised to grow to more than $50 billion by 2017. Yet, more than 55 percent of Big Data projects continue to fail. [...]
by: Georgann Smith In a recent post, I wrote about the large budget share chief marketing officers (CMOs) expect digital and mobile technology will consume in the coming years. Recent reports suggest global marketing executives [...]
by: Georgann Smith With the growing ubiquity of the smartphone, it’s no surprise consumers are spending more time banking, browsing and buying on their mobile devices. In fact, late last year, mobile banking log-ins [...]
by: Brandon Kuehl For a time, it seemed the U.S. migration to EMV could be stalled by a classic chicken-or-the-egg dilemma. Merchants were reluctant to invest in the required payment system upgrades before card [...]
by: Karen Postma A recent Iowa Credit Union League report found just 53 percent of Iowans regularly monitor their credit report for inaccuracies or suspicious activity. This is troubling findings, as a new identity theft [...]
by: Brandon Kuehl Global EMV card shipments are expected to total more than 3 billion by 2019. Although moves by China are driving much of that total, the U.S. is expected to have a [...]
For as long as most can recall, card fraud has been a thorn in the side of nearly every entity along the payments chain. Today, however, fraudsters have finally gotten under the skin of another, [...]
by: Brian Day Recent data breaches have pushed several large merchants toward EMV. As merchants reterminalize for EMV, many experts believe it creates a wider infrastructure to support mobile payments. That’s because most new [...]
by: Karen Postma I recently had the privilege to participate in the National Cyber Security Alliance’s (NCSA’s) Iowa stop on their “Two Steps Ahead: Protect Your Digital Life” tour. The public event was [...]
by: Brian Day To increase mobile banking adoption and engagement, credit unions and community banks should consider taking a more active role in helping consumers proactively manage their finances in a digital age. One way [...]
by: Brandon Kuehl A recent debit study found a sustained increase in the use of debit cards by both consumers and businesses in 2013. Additionally, debit program performance showed appreciable improvement last year, as consumers [...]
by: Brandon Bogler Financial institutions (FIs) that properly leverage Big Data analytics can benefit in a range of ways. Analytics fuel the insights that are increasingly becoming essential to creating the deep relationships consumers have [...]
