Remove 2025 Remove Fraud Remove Security
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Mastercard Rolls Out Security Tools To Prevent Gas Station Fraud

PYMNTS

Mastercard has announced a series of consumer protections aimed at protecting customers and merchants from fraud at fuel stations. The enhanced consumer protection program was designed to provide merchants and banks with tools to help them navigate the heightened risk of fraud, Mastercard said.

Fraud 196
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US Mobile Adopts Digital Identity Protocols To Protect Against SIM Swap Fraud

PYMNTS

The telecommunications industry is but one of many sectors looking to more securely verify customers and avoid fraud, which remains a growing problem. Robust digital ID verification practices could make many fraud schemes a thing of the past, but many banks and businesses have yet to adopt them. More than 6.2

Fraud 242
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Deep Dive: How QSRs Can Fight The Rise Of App-Enabled Friendly Fraud

PYMNTS

The growth in digital transactions is also spurring a boost in friendly fraud, which occurs when legitimate customers either knowingly or unwittingly claim that they did not make legitimate purchases and seek reimbursement for them. It also analyzes how focusing on the customer experience can help prevent such fraud in the first place.

Fraud 255
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Security Demands Spur Virtual Debit Card Adoption

PYMNTS

Businesses are also examining virtual card options that can allow employees to make company payments securely and conveniently during the pandemic. Firms are also prioritizing security as they transact online more heavily as well. Virtual Cards To Bring Greater Security To Transactions. Read that story in the Tracker.

Cards 197
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Virtual Debit Cards Secure Transactions And Ease Minds

PYMNTS

Consumers are increasingly concerned about protecting their payment details from fraud when shopping online,” according to PYMNTS’ November 2020 Next-Gen Debit Tracker ® done in collaboration with PULSE , a Discover company. trillion in spending this year and $5 trillion in 2025. Virtual cards are expected to facilitate $1.6

Cards 150
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Even For Smart Sprinklers, Security Matters

PYMNTS

billion IoT devices by 2025, up from 7 billion in 2018. Despite IoT’s popularity, however, security a nd privacy issues continue to make headlines. In the July Intelligence of Things Tracker™ , PYMNTS explores the latest news in IoT, including partnerships, innovations, security risks, and oversight from world governments.

Security 172
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Biometrics: The Key To Overcoming Contactless Payment Limits?

PYMNTS

A recent study found 32 percent of security incidents in 2019 involved phishing and 29 percent involved stolen credentials, both of which would have been much more difficult had secure digital ID systems been in place. Businesses and organizations are already taking steps to close this security gap. billion by 2025, with $1.6

Payments 272