PYMNTS

JANUARY 22, 2020

The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. Two major Austrian card issuers are also using the technology.

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Security Payments Cards Fraud 214

PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. Consumers inject little data into the transaction when they pay in-store with cards.

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Security Fraud Data Online 267

Payments Dive

FEBRUARY 18, 2019

FSS award-winning Secure3D, modelled on EMVCO 3D Secure 2.0 guidelines,, transparently authenticates card not present transactions.

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Security Guidelines Cards 186

PYMNTS

FEBRUARY 23, 2020

Revolution Payments is streamlining the process of commercial cards and interchange fees with its new NetSuite Level III Credit Card Processing Solution, the company announced on Friday (Feb. The NetSuite card processing solution simplifies payments and reduces the interchange cost of accepting commercial cards by up to 43 percent.

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Cards Payments Maryland Data 224

PYMNTS

MARCH 14, 2020

According to online security company Signal Sciences , eCommerce retailers deal with an average of 206,000 web attacks per month. At the same time, a new report shows that fraudsters will take more than $12 billion off the table. That doesn’t count alienated customers who are ready to pull the trigger on social media with a bad review.

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PYMNTS

DECEMBER 2, 2020

This is driving demand for virtual cards, digital payment offerings that can authorize purchases without forcing shoppers to hand over sensitive permanent account numbers.”. Virtual cards are expected to facilitate $1.6 Merchants Align Behind V-Cards. trillion in spending this year and $5 trillion in 2025.

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Cards Security Fraud Online 150

PYMNTS

JANUARY 30, 2020

This payment rail’s use is going strong in the United States, with debit card penetration reaching 78 percent in 2018. Consumers also show continued interest in debit even as they adopt newer payment instruments, and a 2019 report found that 61 percent of mobile wallet users linked debit cards. Card fraud is an ever-present threat.

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PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. Streamlining all of that data collection and transmission – and how it is presented to users – requires standards, said Turner.

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Cards Management Tools Guidelines 249

PYMNTS

OCTOBER 19, 2018

To open its EMV® Secure Remote Commerce (SRC) specification for public comment for a 45-day period, secure payments enabler EMVCo has issued a draft version of the specification called version 0.9. is expected to define interfaces for the secure exchange of payment data and accommodate the use of dynamic data, such as cryptograms.

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PYMNTS

NOVEMBER 30, 2018

Expense management company DiviPay is rolling out what it says is Australia’s first Mastercard virtual commercial card for corporate payers, and the first solution in the country that combines payments with expense management automation. “Corporate card programs are costly, slow to set up and have stringent credit requirements.

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Cards Samsung Management Tools 216

PYMNTS

NOVEMBER 30, 2020

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Shoppers may be reluctant to hand over their card details to every online retailer, as each transaction represents another risk that consumers’ information could be exposed in a breach.

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Cards Security ATM Data 151

PYMNTS

DECEMBER 31, 2020

Debit card issuers face an ever-growing array of fraud schemes perpetrated against them and their account holders. Effective card offerings require financial institutions (FIs) to quickly and accurately detect myriad forms of fraud, forcing them into a delicate balancing act. Security challenges are mounting, too.

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Fraud Strategy Security Cards 273

PYMNTS

JUNE 13, 2019

In early May, Mastercard , in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. The Challenge of Building the Right Card for the Job.

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Cards Security United States Technology 187

PYMNTS

SEPTEMBER 5, 2019

Commercial and consumer cards issued in the U.S. Commercial card spending is up 11.7 percent, compared to consumer card spending, which grew by 10.1 Commercial card spending was $1.39 Consumer card spending was $4.74 Consumer card spending was $4.74 Visa ’s commercial card was 43.2 generated $6.13

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Cards Report Marketing Payments 188

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Traditionally, the benefits of card and check payments have resided on the buyer side of the equation at the expense of suppliers. The buyer uses a unique virtual card that is generated upon purchase approval.

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Cards Payments Management Security 234

PYMNTS

OCTOBER 26, 2018

The world has a plastic problems — a fact illustrated earlier this week when researchers from the Environment Agency Austria and the Medical University of Vienna jointly presented evidence that there is so much plastic in the environment that we’ve actually begun to inadvertently eat it. 015 percent of the world’s total plastic use.

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Cards Industry Study Technology 187

PYMNTS

SEPTEMBER 4, 2019

Visa announced that since their inception, chip cards have reduced counterfeit fraud by 87 percent. . Chip cards are increasingly becoming the norm as usage and acceptance has continued to grow since the EMV standard was first introduced in 2011,” the company said. Also down were overall card-present fraud rates.

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Fraud Cards Tools Data 195

PYMNTS

JANUARY 15, 2021

A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. Friction that digitization for the card space can overcome, if done correctly in line with consumer convenience and need. Piatt asked.

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Cards Payments Mobile Data 235

PYMNTS

DECEMBER 21, 2020

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp.

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Cards Payments Tools Examples 175

PYMNTS

DECEMBER 29, 2020

Consumers have more heavily leaned on debit during the pandemic, with the economic downturn making shoppers more cautious than ever about the prospect of taking on credit card debt. A recent study even estimates that shoppers could ultimately shift $100 billion worth of annual spending from credit cards to debit cards.

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Fraud Cards Analysis Tools 303

PYMNTS

NOVEMBER 17, 2020

The rising trend of digitization in commerce and the increased occurrence of card-not-present fraud were not created by the COVID-19 pandemic. Not having the use of their card for a period of time or access to their credit limits or access to their money — it's a big deal.

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PYMNTS

OCTOBER 30, 2020

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

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Cards Online Fraud social media 192

PYMNTS

JULY 1, 2020

Tokens are incredibly powerful tools to secure data and safely transport it from one point to another. He said tokens are capable of providing a wide world of possibilities beyond their traditional use as just security tools. He also said that what consumers want most keenly in the post-pandemic world is to feel safe and secure.

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Customer Experience Security Tools Cards 250

PYMNTS

MARCH 10, 2020

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. But the U.S.

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Payments Louisiana Colorado Security 272

PYMNTS

NOVEMBER 12, 2020

There are significant segments of the American consumer base that appreciate the pay-as-you-go aspect, convenience and trusted security of debit,” he said. And security and safety is particularly top of mind with consumers today in the pandemic.”. The Shift To Safety.

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Cards Study Exercises Meeting 161

Perficient

JULY 11, 2022

Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. And, I didn’t have to pay interest, so I’d say Afterpay worked out for me well in this instance.

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Fintech Trends Apple South Dakota 474

Perficient

MARCH 7, 2021

With this new update, your meeting layout will auto-adjust based on who turns on their video, starts speaking, or begins to present content. Presenter Mode. With this latest update, you’ll be able to change how you and your meeting content appear to your audience when presenting. Meeting Updates. Dynamic View.

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Meeting Video Compliance Operations 508

PYMNTS

SEPTEMBER 29, 2020

The giant eCommerce website can now connect a stored credit card with a palm print. The service is designed to be highly secure and uses custom-built algorithms and hardware to create a person’s unique palm signature.”. CNN reports Amazon has introduced the latest touchless way to pay at checkout.

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PYMNTS

JANUARY 10, 2020

A year later, as CES is about to wrap up, Visa has said that the service enables payments for gas, parking and tolls, uses tokens to secure transactions, and could open the door to even more payment experiences, including purchases from retail stores by commuters. So, it makes sense that other companies want to get in on the action.

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Las Vegas Software Payments User Experience 170

PYMNTS

JUNE 24, 2020

Those less tech-savvy individuals represent juicy targets for fraudsters, who have been fine-tuning card-not-present (CNP) schemes to work across all manner of channels during the pandemic as we wield smartphones to make transactions or bank over the phone. It’s the same story, and the same things that we’ve seen, all over again.”.

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Fraud Security Cards Course 262

PYMNTS

MARCH 18, 2020

That’s because things that seemed like add-ons when it came to digital banking even five years ago — card controls, instant virtual card issuance, self-service security, mobile deposit capture — are now table stakes. “In Cards — debit or credit — they say, are not really their core business.

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Cards Tools Mobile Google 217

PYMNTS

JANUARY 20, 2020

Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Regardless of the product or initiative, every conversation starts and ends with a single overriding question: “Is it secure?”. And there’s the fact that consumers still love and use their physical cards.

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Security Fraud Risk Management Payments 168

PYMNTS

JUNE 5, 2020

Partnering with FinTechs that have lax security creates very real issues: Criminals could abuse open banking-powered payment apps to launder money, for example, or take over accounts and steal victims’ funds. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

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Security Fintech Data Fraud 174

PYMNTS

AUGUST 9, 2017

It represents the development of a whole new technology, and reliability and security are just as important as speed — otherwise, this alternative payment method would be no better than the electronic payment methods that came before it. Today, the most encrypted way to transact is by Europay, Mastercard and Visa (EMV) chip cards.

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Cards Security Apple Payments 202

PYMNTS

NOVEMBER 16, 2020

As consumers turn to more digital, rather than customer-present interactions, it changed a lot of the ways consumers are interacting with payment systems,” Ragan told PYMNTS. She pointed to Elan Financial Services as leveraging a comprehensive fraud strategy for the benefit of the FI clients for which it provides card-issuing services.

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Fraud Strategy social media United States 295

PYMNTS

SEPTEMBER 30, 2019

Our customers increasingly rely on us to provide solutions that help make their systems safer and more secure,” said Johan Gerber, executive vice president, security and cyber innovation, Mastercard. Threat Scan is part of our multi-layered security strategy to secure the payments ecosystem,” said Johan.

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Boston Security System Cards 177

PYMNTS

NOVEMBER 16, 2020

Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. But as far as that migration being a threat to credits cards, Kavakama said he doesn’t see that happening. It takes consumer data to make PIX work. The Need For Speed .

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