Mastercard touts security of new account-opening solution
BankInovation
MAY 15, 2023
Mastercard has launched an enhancement to its Open Banking Account Opening solution to make it more secure as clients increasingly go digital.
BankInovation
MAY 15, 2023
Mastercard has launched an enhancement to its Open Banking Account Opening solution to make it more secure as clients increasingly go digital.
PYMNTS
MARCH 2, 2020
By the year 2027, the expectation is that those costs will have swelled to $6 trillion annually or roughly $17,000 per citizen or 19 percent of the GDP. Instead, she noted, an estimated $240 billion is going out the door to fraud, waste and abuse (FWA). Healthcare in the U.S. is a massive industry. in 2017 on healthcare services.
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PYMNTS
AUGUST 7, 2020
Recent data shows that thwarted attempts to get one security solution’s users to visit malicious, video game-themed websites rose 54 percent from January to April. Eighty-eight percent of surveyed managers expect the health crisis to increase the threat of financial fraud in regulated industries, including online gambling. .
PYMNTS
OCTOBER 2, 2020
Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.
PYMNTS
JULY 16, 2020
percent by 2027, when it will reach a total valuation of $87.6 As the demand for digital payments surge, however, the systems that used to keep them secure are falling short. It is expected to grow at a compound annual growth rate (CAGR) of 11.1
PYMNTS
SEPTEMBER 22, 2020
Consumers pivoting to online banking are also more concerned over the privacy and security of their data, especially as fraud volumes creep up —and financial regulators are taking notice. Banks are continuing their ongoing movement to the cloud even as data and security questions continue to grow. Around The Cloud Banking World.
PYMNTS
JUNE 23, 2020
trillion by 2027, and more than half of all eCommerce shoppers buy from merchants abroad. Merchants must also develop strategies for mitigating the frictions that go along with sending and receiving funds across borders, such as fraud and data security risks, exchange rate volatility and chargebacks.
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