By the end of 2018, U.S. card-not-present fraud losses are expected to reach $6.4 billion. While the U.S. migrates to EMV to help prevent card-present fraud, the fraudsters are migrating their focus to the online world. Organized crime rings are increasingly nabbing funds in jaw-dropping,...
Nearly 95 percent of payment terminals in Western Europe accept EMV cards. In the U.S., however, just 14 percent of the 11.8 million operating terminals are EMV compatible, putting the nation in last place for EMV adoption and at the greatest risk for fraud. On...
There’s only one thing that’s holding mPOS back from being the POS environment of choice for all retailers: security. That’s the point of view of Bluefin Payment Systems CEO John Perry and it’s Chief Innovation Officer, Ruston Miles. Perry and Miles joined Karen Webster in...
The topic of security and mPOS is as old as, well, mPOS. But now that 51 million devices are expected to be in market by 2019, in support of a variety of use cases across a variety of merchants, the decibel level of that conversation...
How long can we go without our phones? That's tough to answer considering our phones have become us. Mobile devices can be a user’s identity, their payment device and in many cases their wallet. On Wednesday, December 17 at 1 pm EST, Doc Vaidhyanathan, VP...
As banks, retailers, and international online payments have gone digital over the last two decades, technology has sparked major changes in global payments. The flow of goods, services and finance reached $26 trillion in 2012, and that number could triple in the coming decade, says...
Corporate payments programs have often been regarded as costly and tedious, but new insights from recent data to be presented at Money 20/20 show otherwise, according to Digital River. On Monday, November 20 at 1 PM EST, MPD CEO Karen Webster will host a live...
Or at least it can be. That’s what Revathi Subramanian, SVP of Data Science at CA Technologies, told MPD CEO Karen Webster during an hour-long digital discussion on the state of online fraud around the world. Subramanian said that we have the data, the models...
What does the future of retail look like — for convenience stores and gasoline retail? Last month, MPD CEO Karen Webster spoke one-on-one with Aurus CEO Rahul Mutha on the “tripod” situation that retailers face – the challenges around EMV, data security breaches and customers’...