Card declines, disputes and chargebacks are sprouting like weeds in a commerce environment dominated by card-not-present (CNP) transactions that are more prone to fraud. Each rejected charge is harmful in its own way, so companies are partnering to get ahead of the problem. Get the...
Feedzai‘s Senior Vice President of Product Pedro Barata describes the pandemic era as “the perfect storm for payments fraud.” He describes to PYMNTS how Feedzai has helped its customers adjust and implement effective defenses against financial crime and react appropriately in a digital age. Get...
As has historically been the case with commerce security upgrades that roll in by government mandate, the path to European Union adoption of 3D Secure 2.0 (also known as “3DS 2.0” or “EMV 3DS”) has been a rocky road. It’s been replete with stumbles and...
There’s no soft version, no smoothing it over. Companies charged with protecting people’s data lost ground in 2020, after an abysmal 2019 of breathtaking data breaches. Yes, the pandemic explains a great deal of the new action. Preparedness (or lack thereof) explains the rest. Get...
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Brazilian bank accounts are being hit by a new malware, called Vizom by IBM, that makes use of familiar overlay attack tactics to hijack devices in real time, according to a report by ZDNet. Get the Full Story Complete the form to unlock this article and...
Entrust, an identities, payments and data protection firm based in Minneapolis, on Monday (Oct. 19) announced that its Sigma Instant Desktop Issuance product will set “the standard for simple, secure and smart instant-ID solutions across enterprise, healthcare, government, higher education and financial institutions (FIs).” According...
Fraudsters are deploying tactics ranging from impersonating tax officials to selling fake PPE on peer-to-peer (P2P) payment apps amid the COVID-19 pandemic. Fighting these threats requires an equally wide-ranging defense, says Jamie Armistead, vice president of Zelle. In this month’s Preventing Financial Crime Playbook, Armistead...
British Airways (BA) must pay a $25.8 million fine for lacking the proper security measures that might have prevented a hacker in 2018 from exposing the financial details of more than 400,000 customers, the U.K.’s Information Commissioner’s Office (ICO) said on Friday (Oct. 16). Get...
