Search results for "security"

April 29, 2024
With $429 Billion At Stake, Anti-Fraud Measures Prove Pro-Customer

How much did payment fraud cost retailers last year? The answer, according to one analysis, is a cool $429 billion.    According to a recently released report from global financial technology provider Adyen, not...


April 29, 2024
Venezuelan Opposition Politician Warns of Crypto Use for Money Laundering

Venezuela is reportedly expected to increase its use of cryptocurrency when the United States reimposes oil sanctions on the country beginning June 1. A Venezuelan opposition politician, Leopoldo Lopez, and a...


April 29, 2024
Microsoft ‘Doubles Down’ on Cybersecurity to Safeguard Connected Economy

The cyberattack on UnitedHealth Group, resulting in a $872 million loss to the health insurer, is just one example of the evolving cyberthreat landscape in today’s connected economy. Beyond mere operational disruptions, such incidents reveal...


April 29, 2024
Mastercard and PrestaShop to Deploy Click to Pay in Europe

ECommerce solution provider PrestaShop has partnered with Mastercard to offer Click to Pay in Europe. The Click to Pay functionality will be integrated into the PrestaShop platform for merchants based...


April 29, 2024
Swift and Veritran Team on Improved Cross-Border Payments

Banking platform Veritran has launched a partnership with financial messaging service Swift. The collaboration, announced Monday (April 29), is designed to help financial institutions to offer customers enhanced and streamlined cross-border payments. “Collaborations such...


April 29, 2024
US-China AI Meeting May Hold Key to Unlocking Global Business...

The upcoming high-level talks between the U.S. and China on artificial intelligence (AI) could have far-reaching implications for the future of global commerce, experts say. U.S. Secretary of State Anthony...


April 29, 2024
‘Killer Robots’ on Agenda as Nations Debate AI Weapons

Austria says the time has come to regulate artificial intelligence (AI) use in weapons systems. Left unchecked, such technology could create “killer robots,” officials in the Alpine country said as they hosted...


April 29, 2024
Conduent Forms Generative AI Partnership With Microsoft

Business solutions and services company Conduent launched an artificial intelligence-focused agreement with Microsoft. The partnership, announced in a Monday (April 29) press release, will begin by exploring generative AI use for healthcare claims management, customer...


April 29, 2024
Only About 60% of Middle-Market Firms Get Paid Using Virtual...

Many middle-market businesses operate in a world of heightened uncertainty, but PYMNTS Intelligence data found that payment solutions such as virtual cards can help mitigate that uncertainty. This is one...


Digital Fraud
Report: Merchants Fight Data Breaches, Payments Fraud with Employee Education, Cybersecurity Insurance Merchants are all too aware of the risks of fraud and data breaches as more business goes online. In the “Digital Fraud Tracker®,” done in collaboration with and supported by PayPal, Corvus Insurance’s Jason Rebholz explains why businesses must emphasize employee education and require partners to obtain cybersecurity insurance to make sure they’re protected and able to bounce back.
The Role of Fraud Screening in Minimizing Failed Payments

Most eCommerce merchants miss a crucial piece of the security puzzle: Just 33% use screening mechanisms that can identify potential fraud as the cause of failed payments. PYMNTS Intelligence’s latest study, “The Role of Fraud Screening in Minimizing Failed Payments,” a collaboration with Nuvei, draws on insights from 300 executives about the efficacy of eCommerce screening mechanisms.