Entersekt

42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
42% of Consumers Say ‘Verify Me’ Whenever They Pay for Goods and Services
May 02, 2023  |  Security & Fraud

Security is top-of-mind for consumers as data breaches swirl across the headlines. To that end, as found in the report “Consumer Behaviors and Perceived Security...

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Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
Millennials, Gen Z Use Mobile Banking 5x More Than Their Parents
April 26, 2023  |  Security & Fraud

Banks are at a critical juncture in an era of increasing digital threats and a smartphone-centric culture. PYMNTS’ latest research shows that smartphones are already...

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What Experts Say It Takes to Stem the $49 Billion Rising Tide of Card-Not-Present Fraud
What Experts Say It Takes to Stem the $49 Billion Rising Tide of Card-Not-Present Fraud
April 25, 2023  |  Security & Fraud

The physicality of face-to-face commerce has put a huge dent in fraud. Or at least some types of fraud. EMV chips have made it hard...

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Multifactor Authentication May Be Bridge Between Biometrics, Passwords
Multifactor Authentication May Be Bridge Between Biometrics, Passwords
April 24, 2023  |  Authentication

Until more advanced security goes mainstream, an already accepted method may fill the gap.  Consumers are more security-savvy than ever, especially when it comes to fraud prevention...

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Open Banking and Machine Learning Aid the Battle Against False Declines
Open Banking and Machine Learning Aid the Battle Against False Declines
April 12, 2023  |  Digital Banking

Elizabeth Graham, product manager at Entersekt, said false declines carry significant risks for banks and merchants, where consumer loyalty is critical. Merchants and issuers are losing...

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Rise of Behavioral Fraud Makes Smart Prevention Critical for Businesses 
Rise of Behavioral Fraud Makes Smart Prevention Critical for Businesses 
April 05, 2023  |  Security & Fraud

Employees are simultaneously a company’s first line of defense and their weakest link. That is because as today’s quick-moving, instant-everything modern world offers more hyperconnected...

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Consumers Willing to Trade Convenience to Better Protect Private Data
Consumers Willing to Trade Convenience to Better Protect Private Data
March 16, 2023  |  Digital Banking

Consumers across age, income and lifestyle demographics are concerned about the safety of their personal information. When it comes to consumer-facing sectors such as retail...

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More Than Half of Bank Consumers Want Better Transaction Security
More Than Half of Bank Consumers Want Better Transaction Security
March 06, 2023  |  Authentication

As authentication technologies evolve and consumer awareness of security measures grows, retail banking customers demand more secure and user-friendly online identity verification. PYMNTS’ latest research...

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Persistent Fraud Has Smart Businesses Switching From Playing Defense to Offense
Persistent Fraud Has Smart Businesses Switching From Playing Defense to Offense
March 03, 2023  |  Fraud Prevention

Fraud is unavoidable, and scams affecting today’s businesses only getting smarter and more sophisticated. With modern advances come corresponding vulnerabilities, and in the challenging macroclimate...

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