Want to know how to triple the flow of commerce cross-border over the next ten years? Just remove the friction from how small businesses conduct commerce globally. That, cross-border payments company Currency Cloud says, is payments and commerce’s biggest opportunity and toughest challenge. A new...
There’s only one thing that you can really count on when it comes to online fraud: as soon as a better lock comes along, a better lock pick does too. That’s at least the perspective of Drew Luca, Partner and Co-lead of PWC’s U.S. Payments...
News about recent cyber attacks, especially on some of the biggest FIs boasting “rock-solid” security, has been nothing short of unsettling. Revathi Subramanian, Senior Vice President, Data Science at CA Technologies, recently sat down with MPD CEO Karen Webster to talk about why these attacks...
Retailers are dealing with a “tripod” situation, says Rahul Mutha, CEO of Aurus Inc. The challenges of addressing EMV, breaches and the changing demands of their customers create a complex environment for retailers to both understand and navigate. But this is something that Mutha and...
“Breaches are pretty much a daily occurrence now,” says Jonathan Hancock, Director of Fraud Management Solutions for TSYS, “and consumers who haven’t been hit personally are numb to the news.” But here’s the great irony: When something does happen, consumers blame the retailer, but expect...
Online crooks are getting more sophisticated by the second. Nowadays, fraudsters have the ability to conduct “clean fraud,” obtaining legitimate identities of users from the black market or data breaches to compromise a victim’s card account. Malware, too, is becoming more sophisticated both in the...
How consumers interact with computers while online says a lot about them. So much so that a British company believes it can use individuals’ so-called eDNA to market products that can alleviate the need for sites to require usernames and passwords. But what will consumers...
Let’s face it. 3-D Secure hasn’t exactly won the eCommerce popularity contest over the last several years. Customers got confused when they saw pop-up windows, struggled with remembering passwords and then just said “never mind” at checkout. But 3-D Secure has come a long way....
Fifty-seven percent of MasterCard cardholders in the U.S. said they want EMV chip cards pretty much right away. The question of “What is EMV?” is being replaced by “When will I get my card?” In a recent podcast interview, MPD CEO Karen Webster asked MasterCard’s...
