Billion dollar companies lose 3 percent or more of their revenues a year to mobile fraud. Many have resorted to frequent, impractical creation of complicated passwords to stop these losses – but that just isn’t cutting it. Biometrics, however, introduce “a new paradigm in user...
Chip makers Qualcomm and Intel are looking for better ways of authenticating users for payments and other smartphone functions, and they’re talking up what they hope will be the next wave of user recognition this week at the Mobile World Congress in Barcelona, The Wall...
Criminals in the U.S. have found a way to use Apple Pay to push fraud, and they are doing so in increasing numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Uber announced last week (Feb. 27) that the data of roughly 50,000 drivers may have been impacted in a security breach, but the car-hailing service company failed to report the information to drivers for five months after learning of the incident. Get the Full Story...
The biggest global banks, including HSBC, RBS and JPMorgan Chase, are taking drastic measures to reduce their costs — and in most cases their size — in the face of regulators’ efforts to make sure they can be unwound in case of another financial crisis,...
Citigroup’s Banamex USA subsidiary is the subject of two more investigations for possible money laundering, the bank reported in an annual regulatory filing the SEC on Wednesday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Now that the iPhone’s Touch ID fingerprint recognition has given a big boost to mobile biometric authentication, there’s just one problem for mCommerce merchants: Apple is Apple, Android is Android, and there’s no sign that they’ll converge on a standard way to do mobile online...
Visa has lined up a string of banks to roll out its new set of mobile payment services for Android phones next week at Mobile World Congress 2015, the card brand announced on Thursday (Feb. 26). Get the Full Story Complete the form to unlock...
Banks still haven’t sent new EMV credit and debit cards to more than two-thirds of their customers despite a looming Oct. 1 deadline, according to a new poll from CreditCards.com. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
