As we move fast and furiously into a digitally connected economy, payments modernization is essential. After all, how businesses and consumers pay, and get paid, is central to defining the future of both commerce and daily life. That’s why the modernization of payment systems is...
With so much focus placed on mobile banking and digital wallets, online transactions are often lost in the mix. While mobile devices have become ubiquitous, conducting transactions via desktop browsers is still an essential channel. And with the move online comes a different variety of...
Today’s rapidly evolving payments and financial landscape brings with it both challenges and opportunities. And the challenges and opportunities center around effective authentication, as the need for advanced security measures to keep pace with the evolving payment methods and fraud tactics becomes an imperative. That’s what Gerhard...
Payments firm Orum has debuted a tool to help clients prevent failed payments. No Code Verify, announced Thursday (May 2), lets businesses and institutions determine if a bank account is open and valid before initiating payments, Orum said in a news release. It’s an extension of the...
In recent years, the documentation landscape has undergone a significant transformation, propelled by advancements in technology and shifting attitudes toward digitization. This evolution is particularly evident in recent developments domestically and internationally, signaling the acceptance and integration of electronic signatures into public and private sector...
Jason Paguandas, vice president and general manager, merchant security and fraud at Carat from Fiserv , told Karen Webster that while the technologies may be changing, the password is still stubbornly in place, and for a reason. Paguandas also outlined some key principles guiding the...
Argyle has raised $30 million in a funding round to fuel the continued adoption and expansion of its automated income and employment verification platform. The company is embarking on its next phase of growth, in which it plans to implement support services to facilitate continued customer...
Jeff Hallenbeck, head of payments at Forter, noted in a recent conversation with PYMNTS that the authentication method known as three-domain secure (3DS) has had an uneven embrace by merchants across the globe. But it should be more widely used by companies looking to battle fraudsters...
Siddharth Vijayakrishnan, senior vice president of product and financial intelligence at FIS Platform and Enterprise Products, said that online authentication is a work in process — but we may never quite be free of the password. He was quick to differentiate between identification and authentication. As he told...
