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EMV 3DS: Closing the Card Present/Card Not Present Auth Rates Gap

PYMNTS

But Co-Founder and CEO Yitz Mendlowitz told Karen Webster in a recent conversation on 3-D Secure 2.0 Prior to COVID-19, we were telling people that over the next five years, remote-commerce, card-not-present transactions will exceed in-store, card-present transactions,” Mendlowitz said. that’s not the case much anymore.

Cards 293
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Unlocking Apple’s NFC: Is it time for your banking app to become a full digital wallet?

Accenture: Banking

In October 2024, Apple is set to open its NFC (Near-Field Communication) technology using the Secure Element (SE) to third-party platforms, ushering in a new era of competition and innovation in digital wallets.

Apple 195
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Consumers Want Fast and Easy Authentication, But Security is Top Concern

Bank Innovation

Security breaches continue to be an ever-present threat for financial institutions. Consumers seem to be willing to use more secure methods to access their accounts, but not necessarily give up on ease and speed of transacting. […].

Security 275
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Companies See Work From Home As A Security Threat

PYMNTS

But the Financial Times (FT) reported moving from a furnished office space to a living room table can present cybersecurity risks. They not only need to fight crime, but collaborate with the customer to ensure security without compromising the user experience. Once rare, telecommuting has become routine during the pandemic.

Security 323
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Visa: EMV Cuts Card-Present Counterfeit Fraud By 80 Pct

PYMNTS

Merchants saw a drop in card-present fraud due to the increased adoption of Europay, Mastercard and Visa (EMV) chip cards, Visa said. Consumers can use LINE Pay through their smartphone screen, without having to present a physical credit card. “As Also, total counterfeit fraud dollars went down by 48 percent.

Fraud 251
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Bitcoin Daily: SEC Alleges John McAfee Fraudulently Promoted ICOs; Bank of Canada: CBDC Would Present Security Risks; Fraudsters Capitalize On Crypto’s Finality

PYMNTS

Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,

Security 202
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Security challenges keeping you up at night? WFH IT solutions here.

Bank Innovation

A: An increase in IT complexity and security risks. Nutanix presents this webinar to […]. Q: What do you get when you combine a fully remote workforce with an all-digital customer base?

Security 259