The updated 3D Secure 2.0 protocol and the European Union’s (EU) second Payment Services Directive (PSD2) have delivered a one-two punch for issuers and merchants in order to comply with these new regulatory requirements and network authentication processes. Get the Full Story Complete the form...
Mastercard came out ahead of Wall Street’s forecasts when its Q3 earnings report hit the wires before the markets opened yesterday – notching a beat on both earnings and revenue, with significant growth in transaction volume and global market share. Markets rewarded the good news with a...
In one of the more unfortunate examples of practice making perfect, fraudsters are getting better at what they do. According to the latest edition of the PYMNTS Global Fraud Index – after a short lull post-EMV in the U.S., when fraud briefly went down – they...
McAfee, the security software company, is no longer allowing foreign governments to look over the source code of its products, stopping a practice that security experts have cautioned could enable nations to conduct cyberattacks. Get the Full Story Complete the form to unlock this article...
American International Group (AIG), the causality insurance company, is gearing up to look at all of its commercial policies with an eye toward including coverage against cyberattacks, kicking off in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Just in time for Halloween, the Reaper is coming, and he’s after your internet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Dating apps are particularly vulnerable to as many as three different types of cyberattacks that can track and reveal users’ locations, their identities and their employers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A new malware campaign dubbed “BadRabbit” infected computer systems in Russia and other countries on Tuesday (Oct. 24), reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
There are different levels of fraud management an organization can implement, from completely in-house to completely outsourced. But for a company planning to build an internal team to manage and prevent fraud 24/7, it’s important to understand the value and limitations of this approach. In...