Payment Security

Merchants And Tokenization’s Sea Change
Merchants And Tokenization’s Sea Change
August 31, 2018  |  Payment Methods

Merchants must manage billions of tokens – easier said than done. Nitin Prabhu, PayPal’s senior director of issuance, tokenization and loyalty platform, offers a hint of...

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KeyBank Turns To Mastercard For AI Fraud Detection
KeyBank Turns To Mastercard For AI Fraud Detection
August 24, 2018  |  Mastercard

To help make more informed authorization decisions, KeyBank is turning to Mastercard Decision Intelligence. The system, which uses artificial intelligence (AI), will allow KeyBank to increase the...

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Mastercard Taps Security Expert To Head Up Cybersecurity Solutions
Mastercard Taps Security Expert To Head Up Cybersecurity Solutions
May 31, 2018  |  Security & Fraud

Mastercard announced today that Simon Hunt, a cybersecurity expert, has joined the company as executive vice president to head the cybersecurity solutions unit. In a press...

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Venmo Settles Privacy Violations
Venmo Settles Privacy Violations
February 28, 2018  |  Legal

The Federal Trade Commission (FTC) announced that it has reached a settlement with PayPal over the handling of privacy disclosures and money withdrawals in its...

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Public Charge Stations Are Vulnerable To Fraudulent Charges
Public Charge Stations Are Vulnerable To Fraudulent Charges
February 02, 2018  |  Security & Fraud

Electric car drivers need to be on the lookout for fraudulent charges on their credit cards due to a lack of security measures at some...

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Discover Mobile App Unlocks With FaceID On iPhone X
Discover Mobile App Unlocks With FaceID On iPhone X
December 15, 2017  |  Mobile Applications

Discover has announced that cardmembers and Discover Bank customers who have an iPhone X can now use the Face ID technology to sign into the...

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EU Tightens Online, Offline Shopping Security Standards
EU Tightens Online, Offline Shopping Security Standards
November 28, 2017  |  Banking

The European Commission has signed off on new rules that they say will make it more secure for consumers purchasing goods and services from European...

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Whole Foods Investigates Card Breach
Whole Foods Investigates Card Breach
September 29, 2017  |  Security & Fraud

Whole Foods Market is the latest company that has suffered a security breach, with the national supermarket chain revealing that its customers’ payment card information...

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Fraugster Launches eCommerce Fraud Prevention Tool
Fraugster Launches eCommerce Fraud Prevention Tool
June 22, 2017  |  Fraud Prevention

Fraud protection will likely be an ongoing task for merchants. This week, German-Israeli payment security company Fraugster debuted its answer to the fraud conundrum. The new Fraud Free...

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