PYMNTS
AUGUST 14, 2020
“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. The Challange With Card-Not-Present Transactions . But the pandemic has accelerated that shift “by several years easily.”.
PYMNTS
MAY 5, 2020
In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
DECEMBER 4, 2020
The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. Morgan’s card-present and card-not-present processing scale can provide uniquely valuable insight into consumer spending during the peak holiday shopping season,” Smith said. . As the No. trillion, J.P.
PYMNTS
SEPTEMBER 9, 2020
Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. Deep Dive: Keeping Security Present Even When Cards Are N ot. The COVID-19 pandemic is shaking up shopping behavior.
PYMNTS
MARCH 14, 2020
With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. Conservative estimates put online sales at $630 billion this year. According to online security company Signal Sciences , eCommerce retailers deal with an average of 206,000 web attacks per month.
PYMNTS
DECEMBER 13, 2017
Five years ago, it was enough to know who a customer was online. Customers are comfortable being asked to present their government-issued IDs in brick-and-mortar settings. Why not have them do the same with online businesses? Jumio does the same thing online, making it a ‘person-present’ transaction.”.
PYMNTS
AUGUST 31, 2020
California Assemblymember Mark Stone said, per a statement cited by CNBC, that “AB 3262 will not advance in its present form by the legislative deadline,” even with “promising ideas and potential paths for moving forward.”. Many industry participants engaged with us early, while others came to the table much more recently,” Stone said.
Expert insights. Personalized for you.
293 
Let's personalize your content