Fraud prevention platforms are fine-tuning as the dust of the great digital shift settles, and a prime revelation from this activity is that stopping fraud and knowing your customer often go together, helping merchants prevent cyber theft and deepen consumer bonds. Get the Full Story...
Banking services provider LHV UK is fighting authorized push payment (APP) fraud with the integration of the Confirmation of Payee (CoP) service, now live for all its direct clients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Eighty-one percent of consumers believe that data security is “very” or “extremely” important when it comes to sharing personal data online, according to “The Future of Authentication in Financial Services,” a PYMNTS and Entersekt collaboration based on survey responses from 2,719 American consumers. Get the...
Payment information company SurePay has teamed up with Virgin Money to help the company implement its U.K. Confirmation of Payee (CoP) solution to guard consumers against fraud and misdirected payments, the companies said Monday (June 13). Get the Full Story Complete the form to unlock...
No matter what form it takes, risk is inherent in money mobility, since delivering instant or near-instant payments to multiple endpoints in a range of currencies means making your way through red tape of all sorts — including compliance and security issues — as efficiently...
In an effort to combat fraud in advertising, Google has expanded its verification program for financial services advertisers to new countries and markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Department of Justice (DOJ) released a report Monday (June 6) that urged the U.S. to strengthen its coordination with other nations to investigate and combat crimes involving digital assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The circulation of EMV chip cards has increased by 1.1 billion in the past 12 months, hitting 12 billion in circulation at the end of last year, according to an EMVCo press release Wednesday (June 8). Get the Full Story Complete the form to unlock...
If knowledge is power, then data is money. That is, data directs merchants and brands to who’s spending and on what, making it a precious substance in the commercial world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
