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This document discusses six common myths that are preventing the migration to EMV chip cards in the US. It analyzes each myth, separating fact from fiction. The key facts are that US card fraud costs $6.8 billion annually and would be significantly reduced by adopting EMV, offsetting the $8.6 billion cost of migration. Migration is inevitable as pressure grows from global trends and threats of liability shifts driving other countries to EMV.
This document provides a stock analysis report on Visa by Birkey Investment Group. It summarizes the payment card industry, analyzes Visa's financial performance and position within the industry, and recommends purchasing Visa stock. Visa dominates the global payment processing market with over 50% of transactions. It has strong financial trends in revenue, earnings, and margins that distinguish it from competitors like MasterCard. Visa's recent acquisition of Visa Europe will help it grow further in the European market. Based on this analysis, the report recommends Visa as a solid investment opportunity.
Rising Above Uncertainty: Opportunities and Challenges for Credit Unions in P...NAFCU Services Corporation
Credit unions face opportunities and challenges from evolving payments markets. Regulatory changes are reshaping retail financial services, increasing pressure on legacy models. Emerging technologies and new entrants threaten traditional revenue streams. Credit unions have opportunities for growth but must continue innovating. EMV implementation in the US faces delays from dual debit network requirements. Prepaid cards and mobile devices are gaining traction, changing how consumers interact with financial institutions. To compete, credit unions must enhance digital capabilities and appeal to younger demographics through offerings like mobile payments and banking. Trusted brands position credit unions well to lead developments.
1) Merchants and credit unions have been slow to fully adopt EMV chip cards due to costs of upgrading systems and potential issues with longer transaction times.
2) However, the liability shift for fraudulent transactions moved to any non-EMV compliant merchants after the October 2015 deadline. During the busy holiday season, some merchants realized the risks of this and are now more motivated to upgrade.
3) As we move into 2016, credit unions and merchants will focus more on fully implementing EMV with a renewed emphasis on security, though adoption challenges around costs, technology, and consumer acceptance remain.
Visa Inc. is a leading global payments technology company that processes over $7 trillion in transactions annually. The document analyzes Visa's business, industry, and financials. It recommends a bull call spread strategy for Visa due to its strong fundamentals and leadership position, though notes increasing regulation, technology changes, and macroeconomic uncertainty could impact performance. Visa is expected to grow revenues and earnings in the coming years driven by its global network expansion and new payment solutions.
This document provides information on MCodeOne, a proposed mobile payment platform. It discusses the growing mobile payments market and trends away from cash usage. MCodeOne aims to enable secure payments, deposits, and money transfers using only a mobile device. It would work by generating unique transaction codes through an encryption algorithm synchronized between a user's device and issuer servers. This would allow contactless transactions without transmitting sensitive financial data.
This document is the July 2011 issue of The Nilson Report, which provides news and analysis on the global payments industry. It includes the following:
- Charts ranking the largest issuers of consumer credit and debit cards in the US, as well as purchase transactions and card usage in the Middle East/Africa region.
- News briefs announcing new partnerships, products, and leadership appointments in the payments industry.
- Advertisements for upcoming reports and industry events.
Commercial Bank PowerPoint Presentations Slides SlideTeam
Presenting this set of slides with name - Commercial Bank Powerpoint Presentation Slides. This complete deck is oriented to make sure you do not lag in your presentations. Our creatively crafted slides come with apt research and planning. This exclusive deck with fourty four slides is here to help you to strategize, plan, analyse, or segment the topic with clear understanding and apprehension. Utilize ready to use presentation slides on Commercial Bank Powerpoint Presentation Slides with all sorts of editable templates, charts and graphs, overviews, analysis templates. It is usable for marking important decisions and covering critical issues. Display and present all possible kinds of underlying nuances, progress factors for an all inclusive presentation for the teams. This presentation deck can be used by all professionals, managers, individuals, internal external teams involved in any company organization.
This document discusses six common myths that are preventing the migration to EMV chip cards in the US. It analyzes each myth, separating fact from fiction. The key facts are that US card fraud costs $6.8 billion annually and would be significantly reduced by adopting EMV, offsetting the $8.6 billion cost of migration. Migration is inevitable as pressure grows from global trends and threats of liability shifts driving other countries to EMV.
This document provides a stock analysis report on Visa by Birkey Investment Group. It summarizes the payment card industry, analyzes Visa's financial performance and position within the industry, and recommends purchasing Visa stock. Visa dominates the global payment processing market with over 50% of transactions. It has strong financial trends in revenue, earnings, and margins that distinguish it from competitors like MasterCard. Visa's recent acquisition of Visa Europe will help it grow further in the European market. Based on this analysis, the report recommends Visa as a solid investment opportunity.
Rising Above Uncertainty: Opportunities and Challenges for Credit Unions in P...NAFCU Services Corporation
Credit unions face opportunities and challenges from evolving payments markets. Regulatory changes are reshaping retail financial services, increasing pressure on legacy models. Emerging technologies and new entrants threaten traditional revenue streams. Credit unions have opportunities for growth but must continue innovating. EMV implementation in the US faces delays from dual debit network requirements. Prepaid cards and mobile devices are gaining traction, changing how consumers interact with financial institutions. To compete, credit unions must enhance digital capabilities and appeal to younger demographics through offerings like mobile payments and banking. Trusted brands position credit unions well to lead developments.
1) Merchants and credit unions have been slow to fully adopt EMV chip cards due to costs of upgrading systems and potential issues with longer transaction times.
2) However, the liability shift for fraudulent transactions moved to any non-EMV compliant merchants after the October 2015 deadline. During the busy holiday season, some merchants realized the risks of this and are now more motivated to upgrade.
3) As we move into 2016, credit unions and merchants will focus more on fully implementing EMV with a renewed emphasis on security, though adoption challenges around costs, technology, and consumer acceptance remain.
Visa Inc. is a leading global payments technology company that processes over $7 trillion in transactions annually. The document analyzes Visa's business, industry, and financials. It recommends a bull call spread strategy for Visa due to its strong fundamentals and leadership position, though notes increasing regulation, technology changes, and macroeconomic uncertainty could impact performance. Visa is expected to grow revenues and earnings in the coming years driven by its global network expansion and new payment solutions.
This document provides information on MCodeOne, a proposed mobile payment platform. It discusses the growing mobile payments market and trends away from cash usage. MCodeOne aims to enable secure payments, deposits, and money transfers using only a mobile device. It would work by generating unique transaction codes through an encryption algorithm synchronized between a user's device and issuer servers. This would allow contactless transactions without transmitting sensitive financial data.
This document is the July 2011 issue of The Nilson Report, which provides news and analysis on the global payments industry. It includes the following:
- Charts ranking the largest issuers of consumer credit and debit cards in the US, as well as purchase transactions and card usage in the Middle East/Africa region.
- News briefs announcing new partnerships, products, and leadership appointments in the payments industry.
- Advertisements for upcoming reports and industry events.
Commercial Bank PowerPoint Presentations Slides SlideTeam
Presenting this set of slides with name - Commercial Bank Powerpoint Presentation Slides. This complete deck is oriented to make sure you do not lag in your presentations. Our creatively crafted slides come with apt research and planning. This exclusive deck with fourty four slides is here to help you to strategize, plan, analyse, or segment the topic with clear understanding and apprehension. Utilize ready to use presentation slides on Commercial Bank Powerpoint Presentation Slides with all sorts of editable templates, charts and graphs, overviews, analysis templates. It is usable for marking important decisions and covering critical issues. Display and present all possible kinds of underlying nuances, progress factors for an all inclusive presentation for the teams. This presentation deck can be used by all professionals, managers, individuals, internal external teams involved in any company organization.
FleetCor Technologies will acquire Comdata for an undisclosed sum. Comdata is a provider of commercial card programs and payment processing services to businesses in over 40 countries. The acquisition will expand FleetCor's existing portfolio of fuel, lodging, and other commercial card programs and services.
Commercial Bank Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
With our content-ready 44 slides Commercial Bank PowerPoint Presentation Slides, you can easily showcase different topics related to commercial banking. This will save you money, time and business resources as you will not require to make the PPT from scratch. You can take advantage of these financial institution's PPT slides to understand various topics such as banking organizational hierarchy with designations, banking structure, major trends in banking Industry, key growth drivers banking industry, various services provided by banks to its customers, etc. Here we have comprehensively covered each and every aspect of community banking. Download our readymade cash management PowerPoint presentation slideshow to easily sail through the tough task of planning everything on your own. What are you waiting for just click download and increase the extent of your accomplishments by using our financial bank PowerPoint presentation deck? Give their aspirations a fresh boost. Our Commercial Bank Powerpoint Presentation Slides will convince them to go one better. https://bit.ly/3pUOQjh
This document discusses security risks in EMV chip credit card transactions and proposed solutions. It begins by explaining the need to transition from magnetic stripe cards to EMV chip cards due to high fraud rates with magnetic stripe cards. Some key reasons discussed are that magnetic stripe card data is unencrypted and vulnerable to skimming and cloning attacks. EMV chip cards address these issues through technologies like static data authentication, dynamic data authentication, and cryptograms that are unique to each transaction. However, the document also notes that EMV chip technology still has some vulnerabilities and the final sections propose solutions to issues like relay attacks in EMV and security problems with near field communication based payments.
This document provides an overview of prepaid cards and the prepaid card industry. It discusses the growth of prepaid cards and how they are becoming a larger part of the financial services industry. It describes the different types of prepaid cards, including closed loop cards that can only be used at certain merchants versus open loop cards that can be used more widely. It also outlines the different participants in prepaid card programs, such as cardholders, distributors, issuers, and processors, and how they interact.
This document summarizes trends in the prepaid card industry, focusing on Green Dot and NetSpend as leaders. While both companies' stocks have struggled, they have continued growing revenue significantly through 2011. Green Dot relies on retail partnerships like Walmart for distribution, while NetSpend partners with check cashers and payday lenders. Both companies face challenges from increased competition from retail banks entering prepaid cards, as well as from American Express and partnerships like Kroger/U.S. Bank. Overall regulation is also increasing for the prepaid industry.
This document provides an overview of technology spending by U.S. bankers in 2012. It discusses key themes in the banking industry like channel shift, disintermediation, customer engagement, and improving customer experience. The document also summarizes the state of the banking industry in 2011, noting continued challenges from the mortgage crisis but signs of recovery. Technology spending growth is projected to be modest at 1.8% in 2012 due to uncertainties. The rest of the document breaks down projected spending areas and provides expert opinions on trends in mobile banking, analytics, compliance, security and other technologies.
3pay is a leading payment service provider in Turkey and the MENA region, processing over 1 million transactions per month. It has 65% market share in mobile payments in Turkey. Founded in 2008, 3pay now has offices in Turkey, the US, and UAE and over 12 million unique users. 3pay focuses on providing prepaid card, credit card, and direct carrier billing payment services to over 650 merchants through its omni-channel prepaid card platform.
The Fintech industry which is the backbone of all economies has also been impacted because of Covid. What are the implications of Covid to an important sector?
The document discusses the Smart Payment Association's (SPA) role in shaping the future of payment technology. Some key points:
1. The SPA represents 85% of the global smart payment card market and works to support standards and market growth.
2. In 2012, SPA members shipped over 975 million smart payment cards globally, with contactless cards representing 23% of shipments.
3. The SPA advocates for interoperability and security standards to facilitate continued market growth and adoption of new payment methods like mobile and online payments.
Technology-driven change has become a constant for merchants,
financial institutions, and processors. That reality has created a shifting
landscape of new capabilities, new competitors, new rules, and new
customer expectations. It can all be complicated and confusing, but an
assessment of that landscape indicates several clear trends affecting
the industry. For more info: www.nafcu.org/vantiv
This document provides an industry report on payments trends in Q1 2018. It discusses recent developments including the gradual adoption of open banking APIs by large US banks, continued growth in POS volume driving credit card delinquency rates higher, and plans by large retailers like Amazon to potentially offer checking accounts. It also provides updates on various industry predictions for 2018 and quarterly stock performance for major payments companies. Neobanks expanding from Europe to the US and cryptocurrency firms forming a self-regulatory group are highlighted as interesting news items.
The State of EMV Payment Solutions: Countdown to 2015Harland Clarke
Less than 18 months remain until the October 2015 liability shift to Europay®, MasterCard® and Visa® (EMV). Are financial institutions prepared and what are their projected implementation deadlines? Have recent data breaches affected the speed of implementation?
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...MarketResearch.com
In the last few years, open loop prepaid cards have transformed the global payments landscape in more ways than ever imagined. Use of the card category has evolved from a tool promoting financial inclusion among the unbanked and underbanked population to a payment method delivering convenience and security to consumers across various segments. Consumers continue to demand greater functionality in their open loop prepaid cards which is resulting in innovations across the card category globally. This report discusses market drivers and innovations of major open loop prepaid card categories – general purpose reloadable cards, travel cards, payroll cards, government benefit cards, and gift cards.
ACI Cross-Border & Global Payments and Technologies: Prepaid Card Master ClassJonathan Wegner
This document summarizes various laws and regulations related to prepaid cards, including:
1. The CARD Act, which imposes restrictions on prepaid card fees and expiration dates. It prohibits certain fees unless a card has been inactive for 12 months and requires a minimum 5-year expiration period.
2. State consumer protection laws regarding prepaid card expiration dates, fees, and disclosures. Many states ban or restrict expiration dates and fees.
3. Requirements for payroll cards, including prohibiting mandatory programs and requiring certain fee disclosures.
4. State money transmitter licensing requirements that may apply to open loop prepaid card issuers and sellers in over 30 jurisdictions.
5. An
Bank innovation - PwC Study on When the Growing Gets Tough: How Retail Banks ...Jeff Grill
As the United States emerges from the financial crisis, retail banks are striving to outperform their competitors while grappling with unprecedented regulatory challenges and shifts in consumer behavior. For more information see http://www.pwc.com/us/en/financial-services/publications/viewpoints/viewpoint-when-the-growing-gets-tough.jhtml
Mobile banking is driving significant changes in the retail banking industry as customers increasingly conduct transactions through smartphones and online, which allows banks to dramatically reduce operating costs compared to branch transactions; however, branches still play an important role in attracting new customers and Spanish banks have been most successful at leveraging technology to gain efficiencies while maintaining large branch networks. Emerging fintech companies are also disrupting traditional banking through new offerings in payments, money transfers, and investment management.
The document summarizes M&A activity and valuations in the payments industry from 2008-2011 based on data from Berkery, Noyes & Co. It finds that the number and value of M&A transactions increased substantially after 2009 and median revenue and EBITDA multiples also increased sharply. The top 10 deals by value in 2011 accounted for 79% of total transaction value that year. It also identifies factors that drive higher valuations for payments companies, such as controlling infrastructure, satisfying demands of consumers and merchants, extending products to new markets, and leveraging existing infrastructure. Finally, it discusses trends in the industry like growth in mobile payments, opportunities in emerging markets, new strategic partnerships, and effects of regulations.
The analyst recommends exiting the position in Visa due to concerns about overvaluation and slowing future growth. Specifically, the analyst cites high government oversight limiting growth compared to competitors, risks associated with Visa's acquisition of Visa Europe, and difficulties expanding as the market matures. While the payments processing industry has strong long-term prospects due to declining cash usage, Visa's premium valuation assumes growth rates that may not be realistic.
Presenting this set of slides with name - Credit Unions Powerpoint Presentation Slides. This PPT deck displays fourty two slides with in depth research. Our topic oriented Credit Unions Powerpoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographs for an inclusive and comprehensive Credit Unions Powerpoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement.
Online merchants today can realize immense value from the rising tide of international opportunities. Many private businesses and government entities are rallying to create a globally accessible marketplace. E-commerce platforms are pushing multi-lingual and regional payments support. The EU Commission and related agencies established a roadmap to a borderless online marketplace. Adding alternative payments is now only a few clicks away for online merchants.
Ask a merchant today "Why do you take credit cards?" They would have a hard time answering because the answer seems so obvious. If you could ask one of Alternative Payments' clients, "Why do you offer alternative payments?" they would feel the same way, it's obvious, more sales. A merchant who provides trusted payment methods to prospective buyers is adding trust and a sense of ease through the buying process. These two factors will translate into increased sales.
Merchants should be aware that, by adding local payment types, they will access new markets. There are several countries with populations clamoring for goods from outside their borders. Growing internet penetration and young populations accelerate this trend. Banks and traditional payments take time to get established in these new markets. Connecting to these new consumers means merchants need to adopt payment options familiar to the consumer. Don't reinvent the wheel, grease it.
EMV chip technology provides greater security than magnetic stripes and has significantly reduced card fraud worldwide. It creates a unique code for each transaction, making it harder for thieves to clone cards. As more merchants upgrade terminals to accept EMV chips, liability for fraudulent transactions shifts from card issuers to merchants if they do not accept chip cards. This encourages US merchants to upgrade and help reduce the country's high rate of counterfeit card fraud, which accounts for 47% of the global total.
FleetCor Technologies will acquire Comdata for an undisclosed sum. Comdata is a provider of commercial card programs and payment processing services to businesses in over 40 countries. The acquisition will expand FleetCor's existing portfolio of fuel, lodging, and other commercial card programs and services.
Commercial Bank Powerpoint Presentation SlidesSlideTeam
"You can download this product from SlideTeam.net"
With our content-ready 44 slides Commercial Bank PowerPoint Presentation Slides, you can easily showcase different topics related to commercial banking. This will save you money, time and business resources as you will not require to make the PPT from scratch. You can take advantage of these financial institution's PPT slides to understand various topics such as banking organizational hierarchy with designations, banking structure, major trends in banking Industry, key growth drivers banking industry, various services provided by banks to its customers, etc. Here we have comprehensively covered each and every aspect of community banking. Download our readymade cash management PowerPoint presentation slideshow to easily sail through the tough task of planning everything on your own. What are you waiting for just click download and increase the extent of your accomplishments by using our financial bank PowerPoint presentation deck? Give their aspirations a fresh boost. Our Commercial Bank Powerpoint Presentation Slides will convince them to go one better. https://bit.ly/3pUOQjh
This document discusses security risks in EMV chip credit card transactions and proposed solutions. It begins by explaining the need to transition from magnetic stripe cards to EMV chip cards due to high fraud rates with magnetic stripe cards. Some key reasons discussed are that magnetic stripe card data is unencrypted and vulnerable to skimming and cloning attacks. EMV chip cards address these issues through technologies like static data authentication, dynamic data authentication, and cryptograms that are unique to each transaction. However, the document also notes that EMV chip technology still has some vulnerabilities and the final sections propose solutions to issues like relay attacks in EMV and security problems with near field communication based payments.
This document provides an overview of prepaid cards and the prepaid card industry. It discusses the growth of prepaid cards and how they are becoming a larger part of the financial services industry. It describes the different types of prepaid cards, including closed loop cards that can only be used at certain merchants versus open loop cards that can be used more widely. It also outlines the different participants in prepaid card programs, such as cardholders, distributors, issuers, and processors, and how they interact.
This document summarizes trends in the prepaid card industry, focusing on Green Dot and NetSpend as leaders. While both companies' stocks have struggled, they have continued growing revenue significantly through 2011. Green Dot relies on retail partnerships like Walmart for distribution, while NetSpend partners with check cashers and payday lenders. Both companies face challenges from increased competition from retail banks entering prepaid cards, as well as from American Express and partnerships like Kroger/U.S. Bank. Overall regulation is also increasing for the prepaid industry.
This document provides an overview of technology spending by U.S. bankers in 2012. It discusses key themes in the banking industry like channel shift, disintermediation, customer engagement, and improving customer experience. The document also summarizes the state of the banking industry in 2011, noting continued challenges from the mortgage crisis but signs of recovery. Technology spending growth is projected to be modest at 1.8% in 2012 due to uncertainties. The rest of the document breaks down projected spending areas and provides expert opinions on trends in mobile banking, analytics, compliance, security and other technologies.
3pay is a leading payment service provider in Turkey and the MENA region, processing over 1 million transactions per month. It has 65% market share in mobile payments in Turkey. Founded in 2008, 3pay now has offices in Turkey, the US, and UAE and over 12 million unique users. 3pay focuses on providing prepaid card, credit card, and direct carrier billing payment services to over 650 merchants through its omni-channel prepaid card platform.
The Fintech industry which is the backbone of all economies has also been impacted because of Covid. What are the implications of Covid to an important sector?
The document discusses the Smart Payment Association's (SPA) role in shaping the future of payment technology. Some key points:
1. The SPA represents 85% of the global smart payment card market and works to support standards and market growth.
2. In 2012, SPA members shipped over 975 million smart payment cards globally, with contactless cards representing 23% of shipments.
3. The SPA advocates for interoperability and security standards to facilitate continued market growth and adoption of new payment methods like mobile and online payments.
Technology-driven change has become a constant for merchants,
financial institutions, and processors. That reality has created a shifting
landscape of new capabilities, new competitors, new rules, and new
customer expectations. It can all be complicated and confusing, but an
assessment of that landscape indicates several clear trends affecting
the industry. For more info: www.nafcu.org/vantiv
This document provides an industry report on payments trends in Q1 2018. It discusses recent developments including the gradual adoption of open banking APIs by large US banks, continued growth in POS volume driving credit card delinquency rates higher, and plans by large retailers like Amazon to potentially offer checking accounts. It also provides updates on various industry predictions for 2018 and quarterly stock performance for major payments companies. Neobanks expanding from Europe to the US and cryptocurrency firms forming a self-regulatory group are highlighted as interesting news items.
The State of EMV Payment Solutions: Countdown to 2015Harland Clarke
Less than 18 months remain until the October 2015 liability shift to Europay®, MasterCard® and Visa® (EMV). Are financial institutions prepared and what are their projected implementation deadlines? Have recent data breaches affected the speed of implementation?
Global Open Loop Prepaid Cards Market Intelligence, Innovation, Strategy, and...MarketResearch.com
In the last few years, open loop prepaid cards have transformed the global payments landscape in more ways than ever imagined. Use of the card category has evolved from a tool promoting financial inclusion among the unbanked and underbanked population to a payment method delivering convenience and security to consumers across various segments. Consumers continue to demand greater functionality in their open loop prepaid cards which is resulting in innovations across the card category globally. This report discusses market drivers and innovations of major open loop prepaid card categories – general purpose reloadable cards, travel cards, payroll cards, government benefit cards, and gift cards.
ACI Cross-Border & Global Payments and Technologies: Prepaid Card Master ClassJonathan Wegner
This document summarizes various laws and regulations related to prepaid cards, including:
1. The CARD Act, which imposes restrictions on prepaid card fees and expiration dates. It prohibits certain fees unless a card has been inactive for 12 months and requires a minimum 5-year expiration period.
2. State consumer protection laws regarding prepaid card expiration dates, fees, and disclosures. Many states ban or restrict expiration dates and fees.
3. Requirements for payroll cards, including prohibiting mandatory programs and requiring certain fee disclosures.
4. State money transmitter licensing requirements that may apply to open loop prepaid card issuers and sellers in over 30 jurisdictions.
5. An
Bank innovation - PwC Study on When the Growing Gets Tough: How Retail Banks ...Jeff Grill
As the United States emerges from the financial crisis, retail banks are striving to outperform their competitors while grappling with unprecedented regulatory challenges and shifts in consumer behavior. For more information see http://www.pwc.com/us/en/financial-services/publications/viewpoints/viewpoint-when-the-growing-gets-tough.jhtml
Mobile banking is driving significant changes in the retail banking industry as customers increasingly conduct transactions through smartphones and online, which allows banks to dramatically reduce operating costs compared to branch transactions; however, branches still play an important role in attracting new customers and Spanish banks have been most successful at leveraging technology to gain efficiencies while maintaining large branch networks. Emerging fintech companies are also disrupting traditional banking through new offerings in payments, money transfers, and investment management.
The document summarizes M&A activity and valuations in the payments industry from 2008-2011 based on data from Berkery, Noyes & Co. It finds that the number and value of M&A transactions increased substantially after 2009 and median revenue and EBITDA multiples also increased sharply. The top 10 deals by value in 2011 accounted for 79% of total transaction value that year. It also identifies factors that drive higher valuations for payments companies, such as controlling infrastructure, satisfying demands of consumers and merchants, extending products to new markets, and leveraging existing infrastructure. Finally, it discusses trends in the industry like growth in mobile payments, opportunities in emerging markets, new strategic partnerships, and effects of regulations.
The analyst recommends exiting the position in Visa due to concerns about overvaluation and slowing future growth. Specifically, the analyst cites high government oversight limiting growth compared to competitors, risks associated with Visa's acquisition of Visa Europe, and difficulties expanding as the market matures. While the payments processing industry has strong long-term prospects due to declining cash usage, Visa's premium valuation assumes growth rates that may not be realistic.
Presenting this set of slides with name - Credit Unions Powerpoint Presentation Slides. This PPT deck displays fourty two slides with in depth research. Our topic oriented Credit Unions Powerpoint Presentation Slides presentation deck is a helpful tool to plan, prepare, document and analyse the topic with a clear approach. We provide a ready to use deck with all sorts of relevant topics subtopics templates, charts and graphs, overviews, analysis templates. Outline all the important aspects without any hassle. It showcases of all kind of editable templates infographs for an inclusive and comprehensive Credit Unions Powerpoint Presentation Slides presentation. Professionals, managers, individual and team involved in any company organization from any field can use them as per requirement.
Online merchants today can realize immense value from the rising tide of international opportunities. Many private businesses and government entities are rallying to create a globally accessible marketplace. E-commerce platforms are pushing multi-lingual and regional payments support. The EU Commission and related agencies established a roadmap to a borderless online marketplace. Adding alternative payments is now only a few clicks away for online merchants.
Ask a merchant today "Why do you take credit cards?" They would have a hard time answering because the answer seems so obvious. If you could ask one of Alternative Payments' clients, "Why do you offer alternative payments?" they would feel the same way, it's obvious, more sales. A merchant who provides trusted payment methods to prospective buyers is adding trust and a sense of ease through the buying process. These two factors will translate into increased sales.
Merchants should be aware that, by adding local payment types, they will access new markets. There are several countries with populations clamoring for goods from outside their borders. Growing internet penetration and young populations accelerate this trend. Banks and traditional payments take time to get established in these new markets. Connecting to these new consumers means merchants need to adopt payment options familiar to the consumer. Don't reinvent the wheel, grease it.
EMV chip technology provides greater security than magnetic stripes and has significantly reduced card fraud worldwide. It creates a unique code for each transaction, making it harder for thieves to clone cards. As more merchants upgrade terminals to accept EMV chips, liability for fraudulent transactions shifts from card issuers to merchants if they do not accept chip cards. This encourages US merchants to upgrade and help reduce the country's high rate of counterfeit card fraud, which accounts for 47% of the global total.
The document discusses key trends in merchant security and how a multi-layered approach can dramatically reduce risk. It outlines four major trends impacting payments security: EMV, tokenization, contactless payments, and advanced fraud prevention tools. Adopting technologies that complement each other can provide strong defenses throughout the payment processing chain. Early adopters of new security standards will gain a competitive advantage over those who wait.
Card Not Present (CNP) Fraud in a Post-EMV Environment: Combating the Fraud S...EMC
This Aite Group white paper examines card-not-present (CNP) fraud, which now represents 45% of total U.S. card fraud, and provides an overview of new technologies available to issuers and merchants to blunt the impact of cyber threats.
EMV chip cards provide more secure credit card transactions than magnetic stripe cards. The small chip embedded in EMV cards generates a unique code for each transaction, making stolen data unusable for additional purchases. By late 2015, most newly issued credit cards in the US will be EMV chip cards, though they will still have magnetic stripes for compatibility. Businesses will need to upgrade their payment terminals to read chip cards to avoid liability for fraud losses if chips are swiped instead of used as chips after October 2015.
This document discusses the transition from magnetic stripe credit cards to EMV chip cards in the United States. It provides background on EMV technology and why the US was late to adopt chip cards. The document outlines that counterfeit credit card fraud in the US accounted for over half of all global fraud, driving the transition to EMV. While the US is implementing "chip and signature" instead of "chip and pin" like other countries, the fraud liability shift in 2015 will incentivize merchants to upgrade their card readers to support EMV chip cards. The document warns consumers may see growth in online "card not present" fraud and provides tips to help protect from threats like keyloggers and malware.
Secure Payments: How Card Issuers and Merchants Can Stay Ahead of FraudstersCognizant
Our latest research reveals that merchants and card issuers should take a layered approach to mitigating risk, by working with consumers to improve fraud detection and prevention.
The document discusses the benefits of merchants migrating to EMV chip technology for credit and debit card transactions. It notes that by October 2015, liability for counterfeit fraud will shift to the party that is not EMV compliant, likely resulting in increased costs for merchants who have not migrated. The document outlines the business case for merchants to migrate to EMV chips, including reducing customer churn by meeting rising customer expectations, decreasing card decline rates, and avoiding increased liability for fraud that may occur if merchants have not migrated by the liability shift date. It also notes additional benefits like being able to accept new payment methods like contactless and mobile payments that use EMV as the underlying standard.
The document summarizes a data breach at Target Corporation in which customer payment card data was stolen. It discusses how the network was compromised through malware installed on point-of-sale registers, and that credentials from an HVAC vendor were used to access Target's system. The breach could have been prevented through better compliance with security standards and use of EMV chip technology, which is more widely used internationally than in the US.
What Businesses Need to Know About Changes to Credit and Debit Cardsbusinessforward
The United States is transitioning to more secure payments. Debit and credit cards are being issued with chips on them, which will increase security and could boost consumer confidence. The new chip cards require everyone in the payment ecosystem to adopt new technology—including point of sale terminals—to protect from fraud.
Is your business prepared for the change?
Stephanie Ericksen, Vice President of Global Risk Products at Visa, talks about the move to EMV cards, the effects the switch will have on businesses large and small, and the upcoming liability shift for in-person transactions.
This event is part of Business Forward’s series that connects you with the latest business practices that you may want to integrate into your own operations.
In this recorded webinar, we shed some light on the myths vs. the truths about EMV. Our payment experts address common misconceptions and provide answers to questions, such as:
- What is EMV?
- How does EMV security work?
- What does it take to become EMV-ready?
- Does EMV ensure PCI compliance?
- When is the migration deadline?
- What happens after the migration deadline?
View the full webinar - at http://info.ingenico.us/emv-myths-recorded-webinar
The Long Road to EMV: An In-Depth Look at EMV and How It Will Impact IADskahunaworld
The card networks have set their EMV liability shift mandates, causing the financial industry to scramble to meet the demands...including IADs. What does your company need to know about EMV? Where does the industry currently stand on moving forward with implementation?
EMV for Merchants is a document that provides an overview of EMV standards and the transition to EMV in the United States. It discusses the history of EMV, what EMV is, types of EMV transactions, fraud trends, global adoption of EMV, and myths about EMV. It also outlines who is participating in the transition to EMV, including payment brands, acquirers, issuers, and merchants. The document is intended to educate merchants on EMV and the impact it will have.
This presentation provides an overview of EMV chip technology, including EMV history, usage statistics surrounding EMV around the world and in the US, myths surrounding EMV, and risks/implementation considerations that face merchants who must update their payment systems to accept EMV cards.
An overview of EMV technology. EMV is a fraud-reducing technology that can help protect against losses from the use of counterfeit and lost or stolen credit cards at the point-of-sale. Card data is stored in a smart chip; rather than the magnetic stripe. (Cards will be equipped with a magnetic stripe as well, but they will eventually be phased out.) This technology is often referred to as chip-cards, or smart-cards, and adds layers of security against counterfeit fraud and theft.
EMV Liability Shift: Why Financial Institutions Should Get Their ATMs in Line...NAFCU Services Corporation
For years the United States payments industry has resisted moves to switch from payment and ATM
cards that rely on the magnetic stripe (mag stripe) containing a card’s account information to “smart
cards” embedded with more secure microprocessor chips, which other countries began using in the
1980s. In the U.S., a strong telecommunications system has enabled credit and debit card issuers to
authorize virtually all transactions electronically. For more info: www.nafcu.org/vantiv
The credit card networks industry represents an attractive investment opportunity. It is a profitable oligopoly with strong brand recognition and high barriers to entry. While cash usage is declining, digital payments are on the rise and often rely on the networks. Technological advances like EMV chips and tokenization are strengthening the networks' position rather than disrupting it. The shift from cash to digital payments will allow the networks to capture more of the large commercial spending market. Risks such as economic slowdowns or new payment methods emerging are possible but unlikely to materialize soon. Overall the trends favor continued growth for the credit card networks.
The document discusses the future of payments in the 21st century and how new technologies and business models are disrupting traditional payment systems. It analyzes trends like real-time payments, use of unique identifiers like phone numbers and emails, push-based systems like PayPal versus pull-based card networks, improved security and fraud controls, lower processing costs, and the transition away from paper checks and plastic cards to digital and mobile-based payments. PayPal is highlighted as an example of a company leveraging these 21st century innovations to build a highly successful new payments platform.
Similar to EMV in the U.S.: Putting It into Perspective for Merchants and Financial Institutions (20)
The document summarizes cyber threat trends in 2018 according to a Symantec report. It saw a rise in formjacking attacks that steal payment card data, though cryptojacking activity declined along with cryptocurrency values. Ransomware infections decreased overall but rose for enterprises. Living off the land attacks using tools like PowerShell increased substantially. Targeted attacks grew more sophisticated with groups targeting operational systems and destructive malware.
The FBI is the lead federal agency for investigating malicious cyber activity by criminals, nation-state adversaries, and terrorists. To fulfill this mission, the FBI often develops resources to enhance operations and collaboration. One such resource is the FBI’s Internet Crime Complaint Center (IC3) which provides the public with a trustworthy and convenient mechanism for reporting information concerning suspected Internet-facilitated criminal activity. At the end of every year, the IC3 collates information collected into an annual report.
Credit is due to all original authors and no financial gain was made from the blog, Simply sharing an interesting story for educational purposes,
This guide aims to help journalists understand their rights at protests and avoid arrest when reporting on these events. It summarizes the legal landscape and provides strategies and tools to help journalists avoid incidents with police and navigate them successfully should they arise. Credit RCFP.Org
Credit is due to all original authors and no financial gain was made from the blog, Simply sharing an interesting story for educational purposes,
Verizon Publishes 2020 Data Breach Investigation Report (DBIR) With Insights From Thousands of Confirmed Breaches. Verizon's 2020 Data Breach Investigations Report (DBIR) is the most extensive yet, with 81 contributing organizations, and more than 32,000 incidents analyzed (of which 3,950 were confirmed breaches). Credit:Verizon
Credit is due to all original authors and no financial gain was made from the report, Simply sharing an interesting story for educational purposes,
A Resource Guide to theU.S. Foreign Corrupt Practices Act
Credit is due to all original authors and no financial gain was made from the report, Simply sharing an interesting story for educational purposes,
The FTC takes in reports from consumers about problems they experience in the marketplace. The reportsare stored in the Consumer Sentinel Network (Sentinel), a secure online database available only to lawenforcement. While the FTC does not intervene in individual consumer disputes, its law enforcementpartners – whether they are down the street, across the nation, or around the world – can use informationin the database to spot trends, identify questionable business practices and targets, and enforce the law.
Credit is due to all original authors and no financial gain was made from the report, Simply sharing an interesting story for educational purposes,
Below is a list of consumer reporting companies updated for 2019.1 Consumer reporting companies collect information and provide reports to other companies about you. These companies use these reports to inform decisions about providing you with credit, employment, residential rental housing, insurance, and in other decision making situations. The list below includes the three nationwide consumer reporting companies and several other reporting companies that focus on certain market areas and consumer segments. The list gives you tips so you can determine which of these companies may be important to you. It also makes it easier for you to take advantage of your legal rights to (1) obtain the information in your consumer reports, and (2) dispute suspected inaccuracies in your reports with companies as needed.
Advisory to Financial Institutions on Illicit Financial Schemes and Methods R...- Mark - Fullbright
Transnational criminal organizations (TCOs), foreign fentanyl suppliers, and Internet purchasers located in the United States engage in the trafficking of fentanyl, fentanyl analogues, and other synthetic opioids and the subsequent laundering of the proceeds from such illegal sales.
The mission of the IC3 is to provide the public with a reliable and convenient reporting mechanism to submit information to the FBI concerning suspected Internet-facilitated criminal activity, and to develop effective alliances with industry partners. Information is analyzed and disseminated for investigative and intelligence purposes, for law enforcement, and for public awareness.
Credit is due to all original authors and no financial gain was made from the report, Simply sharing an interesting story for educational purposes,
This report is built upon analysis of 41,686 security incidents, of which 2,013 were confirmed data breaches. We will take a look at how results are changing (or not) over the years as well as digging into the overall threat landscape and the actors, actions, and assets that are present in breaches. Windows into the most common pairs of threat actions and affected assets also are provided.
The Federal Trade Commission (FTC or Commission) is an independent U.S. law enforcement agency charged with protecting consumers and enhancing competition across broad sectors of the economy. The FTC’s primary legal authority comes from Section 5 of the Federal Trade Commission Act, which prohibits unfair or deceptive practices in the marketplace. The FTC also has authority to enforce a variety of sector specific laws, including the Truth in Lending Act, the CAN-SPAM Act, the Children’s Online Privacy Protection Act, the Equal Credit Opportunity Act, the Fair Credit Reporting Act, the Fair Debt Collection Practices Act, and the Telemarketing and Consumer Fraud and Abuse Prevention Act. This broad authority allows the Commission
to address a wide array of practices affecting consumers, including those that emerge with the development of new technologies and business models.
Sentinel sorts consumer reports into 29 top categories. Appendices B1 – B3 describe the categories,providing details, and three year figures. To reflect marketplace changes, new categories or subcategories are created or deleted over time.The Consumer Sentinel Network Data Book excludes the National Do Not Call Registry. A separate report about these complaint statistics is available at: https://www.ftc.gov/reports/national-do-not-call-registry-data-book-fiscal-year-2018. The Sentinel Data Book also excludes reports about unsolicited commercial email.Consumers can report as much or as little detail as they wish when they file a report. For the Sentinel Data Book graphics, percentages are based on the total number of Sentinel fraud, identity theft, and other report types in 2018 in which consumers provided the information displayed on each chart.Reports to Sentinel sometimes indicate money was lost, and sometimes indicate no money was lost.Often, people make these reports after they experience something problematic in the marketplace,avoid losing any money, and wish to alert others. Except where otherwise stated, numbers are based on reports both from people who indicated a loss and people who did not.Calculations of dollar amounts lost are based on reports in which consumers indicated they lost between $1 and $999,999. Prior to 2017, reported “amount paid” included values of $0 to $999,999.States and Metropolitan Areas are ranked based on the number of reports per 100,000 population.State rankings are based on 2017 U.S. Census population estimates (Annual Estimates of the Resident Population: April 1, 2010 to July 1, 2017). Metropolitan Area rankings are based on 2016 U.S. Census population estimates (Annual Estimates of the Resident Population: April 1, 2010 to July 1, 2016).This Sentinel Data Book identifies Metropolitan Areas (Metropolitan and Micropolitan Statistical Areas)with a population of 100,000 or more except where otherwise noted. Metropolitan areas are defined by Office of Management and Budget Bulletin No. 15-01, “Revised Delineations of Metropolitan Statistical Areas, Micropolitan Statistical Areas, and Combined Statistical Areas, and Guidance on Uses of the Delineations of These Areas” (July 15, 2015). Numbers change over time. The Sentinel Data Book sorts consumer reports by year, based on the date of the consumer’s report. Some data contributors transfer their complaints to Sentinel after the end of the calendar year, and new data providers often contribute reports from prior years. As a result, the total number of reports for 2018 will likely change during the next few months, and totals from previous years may differ from prior Consumer Sentinel Network Data Books. The most up to date information can be found online at ftc.gov/data
A credit score is a three -digit number that predicts how likely you are to pay back a loan on time, based on information from your credit reports.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only. - Medical identity theft has existed in various forms for decades, but it was in 2006 that World Privacy Forum published the first major report about the crime. The report called for medical data breach notification laws and more research about medical identity theft and its impacts. Since that time, medical data breach notification laws have been enacted, and other progress has been made, particularly in the quality of consumer complaint datasets gathered around identity theft, including medical forms of the crime. This report uses new data arising from consumer medical identity theft complaint reporting and medical data breach reporting to analyze and document the geography of medical identity theft and its growth patterns. The report also discusses new aspects of consumer harm resulting from the crime that the data has brought to light
The FTC takes in reports from consumers about problems they experience in the marketplace. The reports are stored in the Consumer Sentinel Network (Sentinel), a secure online database available only to law enforcement. While the FTC does not intervene in individual consumer disputes, its law enforcement partners – whether they are down the street, across the nation, or around the world – can use information in the database to spot trends, identify questionable business practices and targets, and enforce the law.
Since 1997, Sentinel has collected tens of millions of reports from consumers about fraud, identity theft, and other consumer protection topics. During 2017, Sentinel received nearly 2.7 million consumer reports, which the FTC has sorted into 30 top categories. The 2017 Consumer Sentinel Network Data Book (Sentinel Data Book) has a vibrant new look, and a lot more information about what consumers told us last year. You'll know more about how much money people lost in the aggregate, the median amount they paid, and what frauds were most costly. And you'll know much more about complaints of identity theft, fraud, and other types of problems in each state, too. The Sentinel Data Book is based on unverified reports filed by consumers. The data is not based on a consumer survey. Sentinel has a five-year data retention policy, with reports older than five years purged biannually.
This guide addresses the steps to take once a
breach has occured. For advice on implementing a
plan to protect consumers’ personal information, to
prevent breaches and unauthorized access, check
out the FTC’s Protecting Personal Information: A
Guide for Business and Start with Security: A Guide
for Business.
*Company names mentioned herein are the property of, and may be trademarks of, their respective owners and are for educational purposes only.
Consumer Sentinel Network Data Book for January 2016 - December 2016- Mark - Fullbright
FTC Consumer Sentinel Network Law enforcement's source for consumer complaints.
All information, data, and material contained, presented, or provided on is for educational purposes only.
Company names mentioned herein are the property of, and may be trademarks of, their respective owners.
It is not to be construed or intended as providing legal advice.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
Gender and Mental Health - Counselling and Family Therapy Applications and In...PsychoTech Services
A proprietary approach developed by bringing together the best of learning theories from Psychology, design principles from the world of visualization, and pedagogical methods from over a decade of training experience, that enables you to: Learn better, faster!
Beyond Degrees - Empowering the Workforce in the Context of Skills-First.pptxEduSkills OECD
Iván Bornacelly, Policy Analyst at the OECD Centre for Skills, OECD, presents at the webinar 'Tackling job market gaps with a skills-first approach' on 12 June 2024
How Barcodes Can Be Leveraged Within Odoo 17Celine George
In this presentation, we will explore how barcodes can be leveraged within Odoo 17 to streamline our manufacturing processes. We will cover the configuration steps, how to utilize barcodes in different manufacturing scenarios, and the overall benefits of implementing this technology.
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.pptHenry Hollis
The History of NZ 1870-1900.
Making of a Nation.
From the NZ Wars to Liberals,
Richard Seddon, George Grey,
Social Laboratory, New Zealand,
Confiscations, Kotahitanga, Kingitanga, Parliament, Suffrage, Repudiation, Economic Change, Agriculture, Gold Mining, Timber, Flax, Sheep, Dairying,
This presentation was provided by Racquel Jemison, Ph.D., Christina MacLaughlin, Ph.D., and Paulomi Majumder. Ph.D., all of the American Chemical Society, for the second session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session Two: 'Expanding Pathways to Publishing Careers,' was held June 13, 2024.
Temple of Asclepius in Thrace. Excavation resultsKrassimira Luka
The temple and the sanctuary around were dedicated to Asklepios Zmidrenus. This name has been known since 1875 when an inscription dedicated to him was discovered in Rome. The inscription is dated in 227 AD and was left by soldiers originating from the city of Philippopolis (modern Plovdiv).