February 25, 2020 Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances. The country’s recent cybersecurity and ...
February 24, 2020PSCU, the credit union service organization (CUSO), announced on Monday (Feb. 24) that it is finishing up a proof of concept (POC) with CULedger and Baxter Credit Union (BCU) for ...
February 21, 2020 B2C trends are bleeding into the B2B space and forcing corporate sellers to become digitally savvy — and fast.
Corporate buyers are also consumers, meaning they are accustomed to eCommerce’s ease ...
February 21, 2020The European Union’s (EU’s) privacy body has voiced skepticism over the acquisition of Fitbit by Google, saying it could lead to privacy risks, Reuters reported. The deal was announced last ...
February 21, 2020To advance the digital economy, smooth commerce and boost financial inclusion, billions of individuals across the globe need digital IDs.
To that end, Mastercard said earlier this month that it would ...
February 21, 2020A cyberattack at NRC Health has prompted questions about the security of its data and overall patient privacy, CNBC reported.
On Feb. 11, the attack hit the publicly traded health company, ...
February 20, 2020Google users in the U.K. will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction, according to officials, according to ...
February 20, 2020In a boon for small business (SMB) banking, Redwood Bank has teamed up with Insignis Cash Solutions to offer savings accounts to Insignis’ SMBs through the Insignis Cash Platform, according ...
February 18, 2020Technology tends come with much advanced promotion — for the good reason that the more novel an idea, the more time needs to be spent building excitement for something that ...
February 17, 2020Bad actors are increasingly targeting transit companies’ loyalty programs and relying on stolen payment credentials, but tighter online authentication measures and artificial intelligence (AI)-powered solutions can put the brakes on ...
February 14, 2020It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.
We have deep dives ...
February 14, 2020The United Nations wants every individual digitally verified by 2030, in a bid to promote financial inclusion and reduce fraud. Trulioo Chief Operating Officer Zac Cohen tells Karen Webster the ...
February 14, 2020 The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep data safe and secure. Participants ...
February 13, 2020Controversial new rules by the Indian government could force Facebook, Twitter, TikTok and YouTube to reveal users’ identities, shattering anonymity for over 400 million people, according to Bloomberg.
The rules are ...
February 13, 2020For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA. Though not quite ...
February 11, 2020Apple has joined the Fast Identity Online (FIDO) Alliance, an organization that wants to get rid of passwords for logging in, according to reports.
The news broke when French website MacG ...
February 11, 2020 Digital driver’s licenses (DDLs) are gaining popularity in the U.S., where 12 states are working to develop and implement them.
Many nongovernmental groups and organizations are working to make them ubiquitous ...
February 11, 2020The future of eCommerce, and fraud prevention, is flipping the script from just stopping bad transactions to enabling personalized customer experiences. Consumers have less tolerance than ever for unnecessary friction ...
February 10, 2020 Biometric digital identity verification solutions are becoming more and more commonplace thanks to their implementation in everyday devices like smartphones and fitness wearables. Approximately 800 million facial recognition-equipped mobile devices ...
February 7, 2020At the dawn of a new decade, healthcare stands poised to embrace digital payments, and finally kill the check.
Instant disbursements are fast cementing their place as a favored payout method ...
February 5, 2020Looks like the digital advertising and marketing sectors are in for a reckoning. How that will affect merchants’ online promotional activity hangs in the balance.
That’s the scoop as 2020 opens, ...
February 5, 2020RELX will acquire Arizona-based Emailage for $480 million in the former’s push to establish a footprint in the fraud prevention market, according to Financial Times (FT). Using machine learning, its ...
February 4, 2020The Data Protection Commission (DPC) in Ireland is launching an official inquiry into how Google processes its users’ location data.
The DPC announced on Tuesday (Feb. 4) that following a number ...
February 4, 2020 Open Banking’s European success has kicked off interest in similar regulations worldwide, most notably in China, India and Singapore, where digital banking’s popularity among general consumers is rapidly rising. These ...
January 31, 2020 Brick-and-mortar financial institutions (FIs) compete with digital-only competitors that often take advantage of lower — or nonexistent — physical buildout costs. The former are thus being forced to prove that ...
January 31, 2020Debit payments have a $960 million fraud problem — and reliance on analyzing customers’ behaviors doesn’t go far enough. Modern security measures must examine the behavioral patterns of all transactional ...
January 30, 2020Widely publicized data breaches and hacks have made today’s consumers especially concerned about fraud. Cautious shoppers may find comfort in debit, with fraud losses associated with the payment method declining ...
January 29, 2020 In-branch banking still plays an important role in customers’ financial lives, despite the growing popularity of mobile and online banking. A recent study found that 70 percent of consumers have ...
January 28, 2020The European Union’s Fifth Anti-Money Laundering Directive (5AMLD) went into force on Jan. 10, with new regulations for cryptocurrencies, wallets and exchanges. Some operators said no way, moving to countries ...
January 27, 2020 Payments companies are stepping into increasingly important roles as the global payment processing solutions market is slated to hit $62.3 billion by 2024.
Such firms cannot grow safely without robust security ...
January 24, 2020Anti-fraud efforts can seem like word salad with exotic ingredients being tossed around: strong consumer authentication (SCA), two-factor authentication (2FA), the second Payment Services Directive (PSD2) … you get the ...
January 23, 2020FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release.
The company recently announced that the software company Netcetera implemented the authentication ...
January 22, 2020The rollout of PSD2’s Strong Customer Authentication (SCA) has been a bit bumpy, to say the least. A year ago (when the rollout was still officially on the calendar for ...
January 21, 2020Though many banks may be betting big on advanced technology to help them in the fight against financial fraud, their customers would feel more secure if they were given more ...
January 20, 2020 Fraud protection techniques have advanced rapidly over the past decade to keep pace with fraudsters preying on emerging weak points. Bad actors have taken full advantage of the online world’s ...
January 20, 2020Regulators in the U.K. have levied €114 million ($126 million) in fines for data violations since instituting new stronger privacy mandates in mid-2018, The Financial Times reported on Sunday (Jan. ...
January 16, 2020 Fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. Today’s fraudsters ...
January 15, 2020Capitalizing on a major ideological shift within technology firms, online privacy and security company Trusona has raised $20 million, with contributions from Georgian Partners, Microsoft’s M12, Kleiner Perkins, OurCrowd, Seven ...
January 14, 2020Counterfeiting is a thriving business, and marketplaces that specialize in reselling luxury items have heavily invested in authentication procedures. Mercari, in one case, rolled out its Mercari Authenticate service that lets customers remotely ...
January 13, 2020There is no shortage of online marketplaces for consumers seeking luxury goods, slightly used. The challenge, however, is knowing they are actually getting the real deal. Counterfeiting is a thriving global ...
Chinese banking and business practices’ potential impacts are favored topics for bankers and merchants: Changes in this market often have ripple effects on global finances. The country’s recent cybersecurity and ...
PSCU, the credit union service organization (CUSO), announced on Monday (Feb. 24) that it is finishing up a proof of concept (POC) with CULedger and Baxter Credit Union (BCU) for ...
B2C trends are bleeding into the B2B space and forcing corporate sellers to become digitally savvy — and fast.
Corporate buyers are also consumers, meaning they are accustomed to eCommerce’s ease ...
The European Union’s (EU’s) privacy body has voiced skepticism over the acquisition of Fitbit by Google, saying it could lead to privacy risks, Reuters reported. The deal was announced last ...
To advance the digital economy, smooth commerce and boost financial inclusion, billions of individuals across the globe need digital IDs.
To that end, Mastercard said earlier this month that it would ...
A cyberattack at NRC Health has prompted questions about the security of its data and overall patient privacy, CNBC reported.
On Feb. 11, the attack hit the publicly traded health company, ...
Google users in the U.K. will no longer have access to European Union data security, instead being moved by the tech giant to American jurisdiction, according to officials, according to ...
In a boon for small business (SMB) banking, Redwood Bank has teamed up with Insignis Cash Solutions to offer savings accounts to Insignis’ SMBs through the Insignis Cash Platform, according ...
Technology tends come with much advanced promotion — for the good reason that the more novel an idea, the more time needs to be spent building excitement for something that ...
Bad actors are increasingly targeting transit companies’ loyalty programs and relying on stolen payment credentials, but tighter online authentication measures and artificial intelligence (AI)-powered solutions can put the brakes on ...
It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news.
We have deep dives ...
The United Nations wants every individual digitally verified by 2030, in a bid to promote financial inclusion and reduce fraud. Trulioo Chief Operating Officer Zac Cohen tells Karen Webster the ...
The fraud prevention race is the same as it has always been, with merchants and security companies sprinting to stay ahead of cybercriminals to keep data safe and secure. Participants ...
Controversial new rules by the Indian government could force Facebook, Twitter, TikTok and YouTube to reveal users’ identities, shattering anonymity for over 400 million people, according to Bloomberg.
The rules are ...
For a great example of an attempt at security that does much more to annoy legitimate consumers than to actually fend off fraudsters, look no further than CAPTCHA. Though not quite ...
Apple has joined the Fast Identity Online (FIDO) Alliance, an organization that wants to get rid of passwords for logging in, according to reports.
The news broke when French website MacG ...
Digital driver’s licenses (DDLs) are gaining popularity in the U.S., where 12 states are working to develop and implement them.
Many nongovernmental groups and organizations are working to make them ubiquitous ...
The future of eCommerce, and fraud prevention, is flipping the script from just stopping bad transactions to enabling personalized customer experiences. Consumers have less tolerance than ever for unnecessary friction ...
Biometric digital identity verification solutions are becoming more and more commonplace thanks to their implementation in everyday devices like smartphones and fitness wearables. Approximately 800 million facial recognition-equipped mobile devices ...
At the dawn of a new decade, healthcare stands poised to embrace digital payments, and finally kill the check.
Instant disbursements are fast cementing their place as a favored payout method ...
Looks like the digital advertising and marketing sectors are in for a reckoning. How that will affect merchants’ online promotional activity hangs in the balance.
That’s the scoop as 2020 opens, ...
RELX will acquire Arizona-based Emailage for $480 million in the former’s push to establish a footprint in the fraud prevention market, according to Financial Times (FT). Using machine learning, its ...
The Data Protection Commission (DPC) in Ireland is launching an official inquiry into how Google processes its users’ location data.
The DPC announced on Tuesday (Feb. 4) that following a number ...
Open Banking’s European success has kicked off interest in similar regulations worldwide, most notably in China, India and Singapore, where digital banking’s popularity among general consumers is rapidly rising. These ...
Brick-and-mortar financial institutions (FIs) compete with digital-only competitors that often take advantage of lower — or nonexistent — physical buildout costs. The former are thus being forced to prove that ...
Debit payments have a $960 million fraud problem — and reliance on analyzing customers’ behaviors doesn’t go far enough. Modern security measures must examine the behavioral patterns of all transactional ...
Widely publicized data breaches and hacks have made today’s consumers especially concerned about fraud. Cautious shoppers may find comfort in debit, with fraud losses associated with the payment method declining ...
In-branch banking still plays an important role in customers’ financial lives, despite the growing popularity of mobile and online banking. A recent study found that 70 percent of consumers have ...
The European Union’s Fifth Anti-Money Laundering Directive (5AMLD) went into force on Jan. 10, with new regulations for cryptocurrencies, wallets and exchanges. Some operators said no way, moving to countries ...
Payments companies are stepping into increasingly important roles as the global payment processing solutions market is slated to hit $62.3 billion by 2024.
Such firms cannot grow safely without robust security ...
Anti-fraud efforts can seem like word salad with exotic ingredients being tossed around: strong consumer authentication (SCA), two-factor authentication (2FA), the second Payment Services Directive (PSD2) … you get the ...
FinTech solution company Entersekt has upgraded its authentication technology in the DACH region of Europe, according to a release.
The company recently announced that the software company Netcetera implemented the authentication ...
The rollout of PSD2’s Strong Customer Authentication (SCA) has been a bit bumpy, to say the least. A year ago (when the rollout was still officially on the calendar for ...
Though many banks may be betting big on advanced technology to help them in the fight against financial fraud, their customers would feel more secure if they were given more ...
Fraud protection techniques have advanced rapidly over the past decade to keep pace with fraudsters preying on emerging weak points. Bad actors have taken full advantage of the online world’s ...
Regulators in the U.K. have levied €114 million ($126 million) in fines for data violations since instituting new stronger privacy mandates in mid-2018, The Financial Times reported on Sunday (Jan. ...
Fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. Today’s fraudsters ...
Capitalizing on a major ideological shift within technology firms, online privacy and security company Trusona has raised $20 million, with contributions from Georgian Partners, Microsoft’s M12, Kleiner Perkins, OurCrowd, Seven ...
Counterfeiting is a thriving business, and marketplaces that specialize in reselling luxury items have heavily invested in authentication procedures. Mercari, in one case, rolled out its Mercari Authenticate service that lets customers remotely ...
There is no shortage of online marketplaces for consumers seeking luxury goods, slightly used. The challenge, however, is knowing they are actually getting the real deal. Counterfeiting is a thriving global ...
