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. What has changed, Steinman said, is the reality of the pandemic and the radical digital life shifts it has engendered. We think that [is] definitely going to be at play here.
PYMNTS
SEPTEMBER 30, 2020
The wave of digitization that has picked up incredible speed in banking over the past half year isn’t strictly a new trend, Randy Piatt , head of product solutions for Ondot Systems , told PYMNTS. To bring it to a fine point, the pandemic has clearly separated institutions into two buckets — the digital haves and the have-nots.
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Gonzobanker
OCTOBER 13, 2020
With megabanks spending billions on digital investments each year, regional and community bank executives understand they cannot compete on resources. Instead, these players are focusing on specific niches, brand strategies and community connections to differentiate themselves. Appoint Digital Ambassadors. Promote Your Success.
PYMNTS
NOVEMBER 17, 2020
Partners Against Crime: Visa Leads Effort to Fight Fraud With New Dynamic CVV Codes. Visa and Keyno have pioneered a new effort called ‘dCVV2’ to serve dynamically generated security codes to fight card-not-present fraud. PYMNTS' latest Mobile Banking App Report: Tapping Authentication to Boost User Engagement has the details.
FICO
DECEMBER 5, 2017
Authorised push payment fraud has been made more attractive to criminals since the advent of real-time payment schemes, such as Faster Payments in the UK — crooks can quickly take the money and run. This type of fraud is on the rise – but what is it? In fact, the conveyancing solicitors may also end up as victims of payment fraud.
PYMNTS
NOVEMBER 3, 2020
While FinTech innovation has opened up the doors for small- to medium-sized businesses ( SMBs ) to access more sophisticated solutions to manage money, software fatigue has business owners overwhelmed by a barrage of siloed systems. As demand for digital solutions grows, so will demand for cross-platform integrations.
PYMNTS
MAY 27, 2020
But as Good explained, the definition of contactless needs to expand as firms re-examine their digital strategies. He stated that near-field communications (NFC) also had been a useful tool in combating fraud. Not long ago, contactless meant using tangible cards — the type pulled from wallets and waved at the terminals.
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