2016

Jul 25, 2016

Cash: Reports of Its Pending Death are Greatly Exaggerated

Despite many predictions of its demise, cash is here to stay, according to Take On Payments.

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Jul 18, 2016

The 411 on Banning the RCC

A newly amended rule from the Federal Trade Commission makes it harder to commit telemarketing fraud. Take On Payments looks at the remotely created check and one way it has been misused.

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Jul 11, 2016

Surviving the Emerging Payments Providers

New payments companies are keeping financial institutions and traditional remittance providers on their toes. Take On Payments thinks the traditional companies are more than meeting the challenge.

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Jun 27, 2016

Between a Rock and a Hard Place?

In an age of an increasingly complex and interconnected payments ecosystem, who should primarily bear the burden of educating the consumer about safe payments practice? A new Take On Payments post says that financial institutions must play a leading role in the educational effort.

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Jun 20, 2016

There's an App for That!

The number of people who use their mobile phone to conduct some aspect of banking grows every year. Take On Payments offers more highlights from the Federal Reserve Board of Governors recent report on mobile financial services.

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Jun 13, 2016

What Is GPR Feeding On? Part 2 of 2

Each year, card issuers lose about $10.9 billion to card fraud, according to one report. Prepaid cards account for about 4 percent of that fraud. Take On Payments looks at the report and describes how GPR cards in particular could be used in fraud.

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Jun 06, 2016

Mobile Security and Privacy

Many consumers don't believe that the mobile banking channel is safe. That was one of the findings of the Federal Reserve Board of Governors' Consumers and Mobile Financial Services 2016 report. This week, Take On Payments picks up where it previously left off with highlights from the report.

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May 31, 2016

What Is GPR Feeding On? Part 1 of 2

Who uses general purpose reloadable, or prepaid, cards, and why? This week, Take On Payments busts a couple of myths connected to prepaid cards.

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May 23, 2016

What Would Happen If the Lights Went Out for a Long, Long Time?

If a catastrophe were to create a widespread power outage, is there a contingency plan to ensure that cash is available? Take On Payments discusses payment options in the event of a disaster.

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May 16, 2016

Improving Customer Authentication: Is the PIN Past Its Prime?

A new report from the United Kingdom on fraud may be foretelling the future of EMV fraud in the United States, which is about eight months into its EMV journey. Take On Payments looks at the report.

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May 12, 2016

Risks in Faster Payments

As the faster payments movement in the United States gains steam, a new working paper from the Retail Payments Risk Forum discusses some of the risks to faster payments.

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May 09, 2016

Follow the Money!

Cash handling is a well-controlled process, but sometimes inefficient. A panel discussion at a recent conference discussed an initiative that would use supply chain logistics to increase efficiencies. Take On Payments describes Cash Visibility.

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Apr 25, 2016

Be Careful, Be Very Careful

Criminals use many tactics to scam people, some of them crude, some sophisticated. This week's Take On Payments discusses some of the more common tactics and stresses the importance of being vigilant on the Internet.

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Apr 18, 2016

"I want to be alone; I just want to be alone"

Making purchases anonymously does not necessarily mean that the purchaser has something nefarious to hide. Take On Payments discusses some of the pluses and minuses of some of the available options.

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Apr 11, 2016

Combat Gear for Tax Season

It's tax season, and that means it's also tax fraud season. This week's Take On Payments discusses what the Security Summit is doing to help prevent identity theft tax refund fraud.

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Apr 04, 2016

Same-Day ACH: A Call to Action

This fall marks the deadline for moving to same-day payments. Are financial institutions ready? Are their processors ready? Take On Payments warns that time is running out.

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Mar 28, 2016

Continuing Education in Mobile Payments Security

So far, it's mostly been financial institutions (FI) teaching consumers how to use payments products responsibly. But who teaches consumers about payment technologies that don't come from an FI? This week, Take On Payments offers highlights from a new guide to mobile payments.

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Mar 21, 2016

The Insider on the Outside

As organizations outsource more internal-support functions to third-party providers, how do they ensure the security of their data? Take On Payments offers a takeaway from a recent cybersecurity conference.

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Mar 17, 2016

Peering Into the Payment System

3/17/2016 - The U.S. payment system is experiencing rapidly evolving technological and structural changes. In this podcast, two Atlanta Fed experts discuss the Federal Reserve's central role in maintaining a safe and secure system.

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Mar 14, 2016

Same-Day ACH: An NFAQ

This Take On Payments post answers a question that may not necessarily be frequently asked but is an important one.

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Mar 07, 2016

Card Chargebacks: Sorting Out the Facts

Who is harmed more by chargebacks, card issuers or merchants? A Kansas City Fed study finally offers some evidence to answer this question, and Take On Payments reports.

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Feb 29, 2016

Warning! This Vehicle Has Been Immobilized

Two recent consent orders offer some insights into the 'D' in UDAAP— unfair, deceptive, or abusive acts or practices—compliance. This week's Take On Payments takes a look.

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Feb 16, 2016

Changing How We Pay Online in 2016

This week's Take On Payments wonders if this will be the year that digital wallets take off.

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Feb 16, 2016

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Feb 08, 2016

Will Biometrics Breed Virtual Clones?

Payments authentication is almost certain to include fingerprints as well as iris, facial, and voice prints one day. If we don't also focus on data security, could we risk the creation of virtual clones? Take On Payments offers a take on biometrics.

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Feb 01, 2016

Putting All Our Payment Eggs in a Single Basket

As long as people have had things, we have had theft. Computers did not change that. Take On Payments discusses cyberattacks and one way to mitigate risk.

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Jan 25, 2016

Waiting for the Other EMV Shoe to Drop

The second phase of the EMV liability shift is set for October 2016. This week's Take On Payments asks, how will the shift affect independent ATM owners?

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Jan 19, 2016

Mobile Wallets: Is This the Year?

So will this year be the one when mobile wallets finally gain traction? Take On Payments returns to this topic and notes some progress and some anomalies.

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Jan 11, 2016

Prisoner Release Cards: How to Protect the Interests of Recently Released Inmates?

Just-released prisoners receive money to help them reenter the world, money that more and more often comes on prepaid cards.Take On Payments discusses efforts to make sure these newly released inmates have ready access to these funds.

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Jan 04, 2016

The Year In Review

The Federal Reserve will soon begin its triennial payments study, and we'd like your opinion. Review the survey documents and provide your comments. Take On Payments has the details.

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