PYMNTS

OCTOBER 5, 2020

Cybercriminals deploy a variety of tactics to process their ill-gotten gains, ranging from techniques as basic as exchanging gift cards to ones as advanced as setting up fake eCommerce storefronts. Deep Dive: Leveraging AI And ML To Prevent Money Laundering. Developments Around The AML/KYC Space. About The Tracker.

Compliance 56

Compliance eCommerce Prioritization Leverage 56

PYMNTS

NOVEMBER 10, 2020

Against that backdrop, he said, using Visa and Mastercard as access points and leveraging the range of wallets on offer to store the digital currencies can be a powerful agent of payments change. We leverage that information before you get onboarded to get a card. Back in May, i2c Inc. The Demographics — And Digital Fiat .

Currencies 129

Currencies Leverage Securities Banking 129

PYMNTS

FEBRUARY 18, 2020

The platform can be used by eCommerce merchants, gig economy platforms, financial institutions (FIs) and technology providers that aim to provide a customized experience. Visa and Rapyd are working together in European markets that are ready for cross-border eCommerce expansion.

Reconciliations 82

Reconciliations B2B eCommerce Compliance 82

PYMNTS

OCTOBER 28, 2020

This growth is not expected to slow down anytime soon, with eCommerce and its associated digital payments expected to hit $4.5 This growth is in part being driven by new investments in payments automation, particularly those that reduce the impact of compliance-related barriers. trillion in 2020. trillion in transaction value by 2023.

B2B 87

B2B Prioritization Compliance Budgeting 87

PYMNTS

OCTOBER 12, 2020

Leveraging an online platform and marketplace streamlines the process to make it easier for buyers and sellers to find each other in a highly fragmented industry. Compliance Is Key. In many cases, complying with this array of industry IT standards is not optional.

B2B 83

B2B Securities eCommerce Healthcare 83

Global Finance

OCTOBER 16, 2024

Already 70-80% of its 670 million population are active internet users, and there is tremendous opportunity to capture – Asia Pacific’s ecommerce market value is projected to grow to over US$28.9 Instead of building payment networks from the ground up, forward-looking institutions are leveraging partnerships for innovative solutions.

Currencies 105

Currencies Economics Leadership Compliance 105

PYMNTS

OCTOBER 21, 2020

At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. Then came the COVID-19 pandemic, triggering a massive shift online as stores closed and consumers grew wary about venturing out.

eCommerce 63

eCommerce Healthcare Compliance Currencies 63

PYMNTS

SEPTEMBER 24, 2020

Companies also need to satisfy the requisite anti-money laundering (AML) and know your customer (KYC) compliance checks, which can vary from market to market. This means heavy advertising promotions and less emphasis on additional identity verification beyond KYC or AML compliance checks.

Compliance 98

Compliance Accounting Advertising Sales 98

PYMNTS

NOVEMBER 22, 2018

New rules mean new compliance activities, which, of course, mean additional compliance costs for these stakeholders — as much as $489 million. Now comes the tipping point, said the industry group, where the ATMs may simply shuttered, ostensibly as the aforementioned compliance costs are too great to bear. “

Compliance 75

Compliance Banking Investments Marketing 75

PYMNTS

DECEMBER 30, 2019

Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. The new jumble of state-level and municipal taxation has further obscured already confusing Internet sales tax compliance.

Math 52

Math eCommerce Sales Compliance 52

PYMNTS

JUNE 15, 2017

An estimated 94 million online shoppers are expected to spend $1 trillion on cross-border eCommerce by 2020. It also provides users with access to the company’s wide-reaching global payments network and access to global compliance programs to ensure overseas commerce transactions are in line with existing local legal requirements.

B2B 70

B2B Foreign Exchange Compliance Leverage 70

PYMNTS

MARCH 29, 2019

The marketplace economy — name a vertical within that space, whether it’s ride-hailing, project design or eCommerce — is growing by leaps and bounds, crossing borders and (at times) regulatory jurisdictions. However, the two sides of any given transaction may never see one another, so trust is crucial.

Compliance 68

Compliance Startups Risk Management Leverage 68

PYMNTS

DECEMBER 11, 2020

Peter Hazlehurst, CEO of Synctera, tells Karen Webster that Synctera is a next-gen banking-services platform that facilitates FinTech scale by enabling banks to leverage their current compliance and account-servicing capabilities in new ways. Record eCommerce sales will translate into high rates of returns this holiday season.

eCommerce 70

eCommerce Retail Cash Management Banking 70

PYMNTS

JUNE 2, 2020

Mastercard said the program, dubbed “Fintech Express,” will leverage the power of partnerships and the payment giant’s expertise, technology and global network to allow startups to focus on innovation to drive the digital economy.

Startups 56

Startups Compliance Leverage eCommerce 56

PYMNTS

MARCH 1, 2019

The efforts also include opening the Western Union network to the growing number of third parties with an interest in leveraging a global send/receive network that enables transactions in 200 countries and more than 130 currencies across a variety of payments methods, such as direct-to-bank and cash. What’s Next.

Sales 56

Sales B2C Currencies Leverage 56

PYMNTS

OCTOBER 16, 2020

Nascent firms may need basic payments enablement, or help with automating regulatory and compliance functions. Smart routing can help leverage cost optimization and improve conversion rates, and can result in lower-risk transactions, he said. In many ways, their maturity level dictates their needs.”.

Entertainment 75

Entertainment Compliance Leverage eCommerce 75

PYMNTS

OCTOBER 16, 2020

The demand for managed security services is expected to grow as staffing and skill shortages, an ever-evolving threat landscape, and an increasing compliance burden lead companies of all sizes to offload their security needs to specialist providers like deepwatch,” Morgan Gerlak of Goldman Sachs Growth said in the announcement.

B2B 69

B2B Accounts Payable Management Consulting Startups 69

PYMNTS

OCTOBER 1, 2019

As he noted, banks have depth of knowledge when it comes to compliance, while FinTech firms have strength in innovation. Software development kits (SDKs) can enable these critical components of the commerce equation to connect with real-time schemes, and leverage requests for payments.

B2B 69

B2B Reconciliations eCommerce Banking 69

PYMNTS

SEPTEMBER 6, 2019

Investors include the nation’s largest B2B eCommerce platform IndiaMart, while India Quotient and Axilor also participated. Vyapar, owed by Simply Vyapar Apps, provides invoice, accounting and inventory management solutions for small- and medium-sized businesses, focusing on tax compliance and financial management for end users.

B2B 62

B2B Invoicing Accounts Payable Startups 62

PYMNTS

DECEMBER 31, 2020

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. According to J.P.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

MARCH 6, 2018

America’s eCommerce giant is reportedly playing with blockchain via its cloud computing arm, Amazon Web Services (AWS) , with a focus on health care, financial services, supply chain management, and security and compliance. The Chinese eCommerce giant will reportedly use blockchain technology for its cross-border supply chain.

Currencies 47

Currencies eCommerce Leverage Compliance 47

PYMNTS

MAY 8, 2018

“For the most part, European banks are developing individual API standards, which means that third-party developers will need to integrate with possibly hundreds or thousands of different APIs throughout the EU to be able to fully leverage the opportunities under PSD2.”. Open Banking. “As

B2B 40

B2B Compliance Banking Leverage 40

PYMNTS

APRIL 3, 2019

Cybersecurity is more important than ever for credit unions (CUs), but keeping up with compliance and the latest best practices can be a challenge. This month’s Deep Dive explores how CUs are leveraging new approaches to data — including digital lending platforms — to keep information secure, while streamlining lending processes.

Securities 46

Securities Compliance Leverage Finance 46

PYMNTS

SEPTEMBER 23, 2020

. … You can have remittance as a first step and subsequently allow [the issuing of] debit cards for migrant workers and they can use [an app] to do their eCommerce shopping — the possibilities are really amazing.”. Leveraging Technology And Government Data To Simplify Due Diligence. Providing quick, digital KYC services can help.

Construction 52

Construction Leverage Securities Manufacturing 52

PYMNTS

AUGUST 28, 2020

The eCommerce giant opened its first brick-and-mortar Amazon Fresh grocery store , and it also launched Amazon Halo , a fitness wearable designed to take on the Apple Watch. After all, SPACs’ organizers are experts in the complexities, regulation and compliance issues surrounding going public.

B2B 62

B2B Leverage Compliance Technology 62

PYMNTS

SEPTEMBER 17, 2018

Fraud and compliance are challenges facing all eCommerce marketplaces,” he said. The pair has leveraged insights from its customer data and analytics tools, which have helped the company offer stronger security during the payment experience, without making it cumbersome.

Prioritization 49

Prioritization Currencies Securities Compliance 49

PYMNTS

MARCH 10, 2017

With eCommerce in full swing, many retailers are looking to restructure many facets of their operations. One of the many challenges that typically arises when it comes to cross-border eCommerce payments is potential card-not-present fraud occurrences. PYMNTS: What do you see impacting this space in 2017 and beyond?

Restructuring 43

Restructuring eCommerce Retail Technology 43

PYMNTS

MAY 15, 2018

Their goal is to trick businesses into thinking they are legitimate customers so they can leverage credentials and money that aren’t truly theirs. This method, Patel said, also ensures that organizations are meeting compliance and regulatory requirements. PCI compliance is the one of the highest standards in the industry.

Auditing 51

Auditing Compliance Securities eCommerce 51

PYMNTS

JUNE 14, 2017

But when an eCommerce retailer can’t facilitate a purchase in a simple flow of one or two clicks, consumers become frustrated and may abandon purchases. In cases like this, fraudsters can even “add” a new, stolen payment device and change the “ship to” field to leverage the “good” customer identity for illegal purchases.

Retail 58

Retail Accounting eCommerce Securities 58

PYMNTS

MAY 6, 2019

Between the claims that it will upend eCommerce worldwide, to the reporting that Facebook execs are literally passing the hat to raise money to fund it – from some of the very same players they plan to disrupt – my first thought was to offer my own point of view in the form of a fictional three-act play. You get the point.

Currencies 83

Currencies Leverage Planning Investments 83

PYMNTS

JULY 27, 2020

Leveraging an Ecosystem to Ride Out Uncertainty. And it’s built mostly on top of Zoop’s technology that allows other companies to offer financial services because they do all the compliance, the central bank regulations, and all of the KYC [know your customer] that needs to happen. We’re still building that up.

Construction 61

Construction Education Compliance Technology 61

PYMNTS

FEBRUARY 3, 2017

To really do it right, according to Bilafer, it’s key to look hard at a handful of major areas: onboarding/enabling, payout/settlement, payments processing, risk management, compliance and value adds. When you start looking at risk and compliance, we have people who believe they know their clients and merchants.

Compliance 52

Compliance Invoicing Risk Management Leverage 52

PYMNTS

MAY 29, 2017

The company said that the new capabilities, leveraged across that Connect infrastructure, will let users bring on board three new business models (now for a total of five). Connect, as has been noted, helps Stripe connect eCommerce marketplaces and gig economy workers.

eCommerce 40

eCommerce Compliance Leverage Accounting 40

PYMNTS

MAY 4, 2017

A large part of the value comes from getting paid through software, especially as an eCommerce platform. We’ve taken a different approach and acknowledged the role that these ISVs and platforms play in the ecosystem — that they do have a lot of leverage in the conversation.”. But doing everything comes with additional costs.

Risk Management 47

Risk Management Prioritization Leverage Compliance 47

PYMNTS

FEBRUARY 28, 2018

That includes anti-money laundering (AML) compliance, know your customer (KYC), fraud mitigation, marketing, privacy, document review, Office of Foreign Assets Control (OFAC) compliance, reporting and more. Growth can be a mixed blessing for eCommerce marketplaces. Chargehound. Jewel Paymentech.

Startups 40

Startups Currencies Accounts Payable Invoicing 40

PYMNTS

MAY 5, 2017

Radial found that overall fraud in the eCommerce space showed grew 30 percent year over year in Q1 of 2017. Regular risk and compliance assessments are not enough for today’s clever fraudsters,” Graff said. The greatest growth of fraudulent purchases seen in electronics, entertainment, jewelry and sporting goods. “I

Securities 45

Securities Leverage Retail Entertainment 45

PYMNTS

MAY 22, 2017

To guard against threats and online data breaches, which can have a highly disruptive impact on eCommerce, many cybersecurity experts urge internet users to use two-step authentication to protect their online accounts. The Digital Threat to Commerce. Hacking and cyber threats like ransomware are hardly new phenomena.

Compliance 46

Compliance Banking Transportation Currencies 46