Sections
Fraud Prevention
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644Digital PaymentsAs Medical Billing Goes Digital, New Benefits — And Challenges — Arise
As the benefits of bringing more digital power to medical billing become clearer, there are other issues and concerns rising that underscore...
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1.6KMastercardMastercard On Why It Supports EMV Secure Remote Commerce Specification
Mastercard, the digital payments company, made the case in a blog post Monday (Oct. 22) on why it supports EMVCo’s release of...
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1.3KToday In DataToday In Data: Driving A Digitally Determined World
In an average week, the average consumer spends about 24 hours online – exactly 1/7 of their time. They use their phones...
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2.8KSecurity & FraudIn UK, Name Checks To Accompany Bank Payments
With an eye on fraud prevention, banks in the United Kingdom are slated to debut name checks to accompany bank transfers. The...
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5.2KFraud PreventionTo Fight Fake IDs And Online Fraud, Know Thy Enemy Better
To really beat someone, or something, one must respect and understand that person or organization, even if they dislike or loathe them....
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2.5KDigital BankingHow FIs Are Combating Increasingly Sophisticated Attacks
As cybercriminals ramp up their attacks, a growing number of FIs are turning to AI and machine learning to protect customers and...
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3.0KDigital BankingTRENDING: Is Sharing Cybercrime Data Key To Fighting Fraud?
In search of added convenience and simplicity, banking customers are migrating to online and mobile banking interfaces, leaving in-person visits to brick-and-mortar...
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1.7KFraud PreventionNATO Cybersecurity Push Promises Lessons For Payments And Commerce
The business of payments and commerce is not war — despite all that tough motivational talk that insists otherwise, almost always from...
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4.7KDigital PaymentsVisa Adds 20 Partners To Fast Track ‘Credentials On File’ Tokenization
Visa announced today the commercial expansion of its Visa Token Service for “credential-on-file token requestors.” This expansion involves adding 20 acquirer gateway...
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2.0KSecurity & FraudSEC Warns Cos To Prioritize Cybersecurity
The U.S. Securities and Exchange Commission (SEC) has issued a stern warning to public companies: tighten cybersecurity controls or risk being in...
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2.1KStartup Check-InTaking On Card Declines With Interoperability
Merchants are facing a sizable number of card declines, which are stubbornly averaging at around 15 percent. That challenge is not lost...
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2.0KFraud PreventionWhy Digital ID Is A Sports-Gambling Sure Bet
Few things make a sporting event more interesting than wagering a few bucks (or more) — whether it be a football game...
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2.9KSecurity & FraudWhy Faster Payments Don’t Have To Mean Faster Fraud
For all the buzz about the advent of real-time payments, and the various opportunities it can reportedly unlock, the lingering uneasiness is that speed also brings the potential...
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2.3KCredit UnionsPSCU CEO: The Quiet Power Of Credit Unions’ 100M-Member Network
Credit unions can be easy to overlook and underestimate — individually, they generally don’t have a massive amount of assets, their membership...
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1.3KData DiveData Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller
Today is Columbus Day, a celebration of Christopher Columbus’ “discovery” of Americas 526 years ago. The “discovery” is in quotes for three...
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4.4KFraud AttackHow An HSBC Teller Stopped A $500 Million Bank Heist
What did you do for your employer and/or coworkers today? Arrive an hour or two early to get a jump on a...
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1.9KToday In DataToday In Data: New Faster Payments Normal
Faster payments in the U.S. and around the world are increasingly becoming the norm. Consumers and business want it and there is money to...
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4.4KFraud PreventionLook-Alike Domains Emerge As Huge Holiday Fraud Threat
Look-alike domains are increasingly finding favor with criminals eager to rip off online shoppers, according to a new report from Venafi, a...
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2.7KEconomyChina Tariffs Add To Retailer Holiday Worries
It’s beginning to look a lot like Christmas (well, if you squint and aim your gaze past the Halloween decorations). And from...
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2.0KB2B PaymentsProfitStars Targets Online Bill Pay Fraud For Banks
ProfitStars, the Jack Henry & Associates division that provides risk management solutions for financial institutions, announced its latest fraud tool on Wednesday...
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1.6KToday In DataToday In Data: Fighting Fraud Without Frustrating Merchants
For all the time, energy and effort spent fighting fraudsters, they are persistent in looking for ways to fight back. The costs are myriad,...
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2.1KFraud PreventionWhy Strong Authentication Fights Fraud, But Consumers Prefer Convenience
Doppelgängers are real — but they’re not phantom twins in pre-modern German fairy tales: they are online, and they can be used...
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1.1KToday In DataToday In Data: The Challenge Of Speeding Up Payments While Slowing Down Fraud
An awful lot of dark money moves round the world each year – between 2 and 5 percent of global GDP by UN estimates....
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1.8KAuthenticationDigital ID Takes Center Stage Amid Facebook Woes
Digital ID and authentication are always vital topics for payments and commerce — but now, given recent developments, including in social media,...
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2.8KToday In DataToday In Data: Firing Up Faster Payments While Fighting Faster Fraud
Faster payments pack a lot of potential – technologically speaking and in terms of usefulness. And they are clearly providing for a need wanted...
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2.7KB2B PaymentsIn Payments Fraud, Impersonation Gets Personal
In the U.K., it’s well known that late payments bedevil firms – but what of payments fraud? Impersonation fraud, also known as...
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4.3KDataNew Data-Trust Relationship Forms In The Digital Economy
Call it the Great Trade-Off, perhaps: Consumers give up data to online merchants and marketers in exchange for free services, targeted offers,...
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2.0KB2B PaymentsTime Tracking Is Ditching The Desktop, Says OnTheClock
Employee time tracking can be riddled with errors – and even fraud – when workers have the responsibility of calculating their own...
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2.1KB2B PaymentsTackling Payroll Fraud Begins With The Timecard, Says OnTheClock
Payroll is facing risk exposure from all angles. Cyberattackers are increasingly targeting payroll payouts, while manual data entry introduces the risk of...
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2.1KToday In DataToday In Data: Picking Between David And Goliath
In a David vs. Goliath story, usually the smart money is better on Goliath being bigger, stronger and better armed. The grocery...
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2.5KB2B PaymentsExpense Account Fraud Hits Wells Fargo
Fraud hits firms large and small. Wells Fargo is the latest industry behemoth to make headlines. And yes, the beleaguered bank is again...
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4.1KSecurity & FraudHow A Reformed Fraudster Now Fights Fraud
Most people’s first job was babysitting, or delivering the paper, or perhaps working at a local shop. But none of those jobs...
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4.3KVISAVisa: Chip Cards Reduce Counterfeit Fraud At U.S. Merchants By 75 Percent
Data released by Visa on Wednesday (Aug. 29) showed that counterfeit fraud ticked down at U.S. merchants by 75 percent from September...
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3.8KEuropeHow A Single Digital ID Will Become EU’s Commerce Passport
When trying to understand the new eIDAS regulations set to go officially online in the EU in September, it helps, Trulioo GM...
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2.7KPlatform PaymentsNPP CEO On Australia’s Real-Time Payments Platform
The half-year mark. It’s a good place to take stock and reflect on a manner of things: Romance. Job performance. New payments platforms. It’s...
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3.8KSecurity & FraudExperian Rolls Out Scan To Detect Child Identity Theft
To help parents protect against child identity theft, Experian is rolling out a Child ID scan. The service comes as 1 million...
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2.7KDataNavigating The New World Of Digital Trust
It is often a flexible, rarely precise concept, around which centuries of philosophical, political and artistic debates have revolved: trust. In business...
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2.0KGlobal PaymentsSilk Way Bank Unveils SWPay; Alipay Takes Steps To Prevent Fraud
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Silk Way Bank’s launch of a new...
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1.4KFraud PreventionCan QSRs Keep Up With Fraud Prevention?
Let’s give it up for the lowly fast food restaurant and its QSR cousins. Often confined to the bottom levels of culture...
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2.4KFraud PreventionHow Fraud Takes A Bite Out Of QSRs’ Mobile Margins
Quick-service restaurants (QSRs) are pushing ahead with their digital efforts, with mobile-ahead ordering among the hottest areas for that. But that also...
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2.9KSecurity & FraudTurning To Biometrics To “Change The Face Of Air Travel”
U.S. airports see 124M international travelers annually, who suffer long lines while waiting to pass through customs. U.S. Customs and Border Protection...
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3.1KSecurity & FraudFiserv Rolls Out Enhanced Consumer Authentication Solutions
Fiserv, the global provider of financial services technology solutions, announced on Wednesday (Aug. 22) that it has rolled out two enhanced consumer authentication...
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3.1KSecurity & Fraud150 Billion Consumer Records At Risk
Despite the implementation of stricter cybersecurity and privacy-focused regulations such as GDPR and PSD2, cybercrime remains a threat to businesses and consumers...
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6.5KSecurity & FraudTRENDING: Why US Customs Wants To Change The Face Of Air Travel
Bad actors aren’t just stealing sensitive information; they are hoping to wreak havoc on airport security in the U.S. Fortunately, security players...
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1.5KB2B PaymentsEurope Grabs B2B Payments Fraud (Small And Large) Headlines
The land down under has seen some underhanded tactics when it comes to payments fraud. Beyond some cautionary tales tied to phishing, in...
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2.2KB2B PaymentsCorporate FinTech Urges Business Owners To Wake Up To Expense Fraud Threat
Fraud is a threat that business owners often assume comes from outside the enterprise. That’s a misconception, however, and corporate FinTechs are...
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3.4KFraud PreventionWhat’s Behind The Rise Of Behavioral Biometrics?
Behavioral biometric technology is having a moment in the spotlight, thanks to new European banking rules, the rise of machine learning and...
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1.7KCFPBCFPB Relaxes Supervision Of Military Lenders
In a move that has surprised military families, the Consumer Financial Protection Bureau (CFPB) is planning to suspend routine examinations of lenders...
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6.7KPartnerships / AcquisitionsUS Bank Looking To Sell Its Payment Unit, Elan
U.S. Bank is reportedly looking to sell Elan, its card processing business, reported Fintech Futures. According to the report, Finastra, FIS and...
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7.6KFraud PreventionWhy Phishers Like B2B
Businesses, get ready: The phishers are paying more attention to you. No company has ever been completely safe from criminals, whether it’s...
