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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The Mastercard’s pilot biometric technology , on the other hand, if widely adopted, would require more intensive widespread hardware and software updates.

Industry 471
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Love and lies: How financial institutions can help prevent confidence scams

Abrigo

Fraudsters create fake profiles on dating apps and social media platforms, using stolen images and fabricated stories to build relationships with their targets. billion of reported losses due to this type of fraud in 2023 and around 40,000 victims in the United States. He's even seen losses as large as $4 million.

Fraud 221
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Inside The Fight For Digital Driver’s Licenses

PYMNTS

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Deep Dive: How Fake Profiles Endanger Social Media Networks.

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The Value of Data and 5 Things We’ve Learned From COVID-19

Perficient

Just google “COVID statistics” and it returns 4,770,000,000 websites with its own dashboard automatically reflecting the state you are in and United States population (assuming you are in US). Now here are the most trusted datasets that I personally use based on who they are and what they do: CDC COVID tracker.

Data 354
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Banks Reinforce Protections As Cybercriminals’ Tactics Evolve

PYMNTS

Leslie Ragan manages transaction fraud prevention for Elan Financial Services , a unit of U.S. Bank , one of the largest commercial banks in the United States. Leveraging Advanced Technologies. Bancorp, which is the parent company of U.S. At The Consumer Level.

Fraud 295
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Facebook To Debut Official Music Videos In The US

PYMNTS

Facebook is enabling official music videos on its social media platform in the United States to help users unite over music. The company said it is now rolling out in the United States in conjunction with Universal Music Group, Warner Music Group and Sony Music Group, among a number of others.

Video 141
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RILA On How United States Retailers Are Responding To Changing Privacy Rules

PYMNTS

I think it is because of broader [consumer] awareness about the technological landscape, and so whether that is from [social media or analytics companies] or other interactions that folks have, I think people are just so much more conversive about technology. “I actually do not think it is because of the law.