Thu.Aug 15, 2019

Remove cards-fraud
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Diving Into Corporate Payments’ SCA Exemption

PYMNTS

As Peter Robinson, EuroCommerce payments adviser, told PYMNTS in the PSD2 Tracker, businesses are looking toward their card acquirers to fill the education gap. As the PSD2 Tracker notes, card issuers have the final say in deciding which transactions are exempt. But as an April report from Edgar, Dunn & Co. explained, the U.K.

Payments 122
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How QSRs Need To Use Technology To Makes Experiences Safe, Not Just Smarter

PYMNTS

Right now, QSRs are aware of the first part of that equation — and their mounting fraud losses are making them quick studies in the latter half. Seeing The Whole Fraud Picture . If you told me five years ago that we’d be looking at the biggest QSRs in the world getting racked by fraud, I would have been shocked.

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Tech Drives CU Loyalty For Long-Term ROI

PYMNTS

But if I created that loyalty effectively, the member knows they will likely get rewarded for going to the [CU’s] credit card first. The Fraud Aspect. Against that backdrop of building relationships in part through loyalty programs, Scott noted, the onus is on CUs to be especially vigilant about fraud. Beyond the Fraud Battle.

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The Need For Dynamic PII In The (Delayed) Dawning Of The Age Of SCA

PYMNTS

SCA , as it’s commonly known, is no simple task now, and it’s certainly far from a concrete, standardized process for card-not-present transactions. The data is out there — and someone else can use it for authentication or fraud.”. Compromised data includes passwords, too, of course.

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Visa’s CyberSource On The Digital Payments Evolution

PYMNTS

The decision to acquire CyberSource was an investment in building value-added services around accepting cards and various forms of digital payments online.”. “Visa knew, and merchants knew, that online was going to be relevant,” Machicao said.

Payments 207
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Are Chinese Tech Stocks Set For Fizzle?

PYMNTS

Instant Funds: Venmo added another option for instant money transfer into bank accounts, this time without debit cards. Biometrics: Turns out biometrics are not bulletproof when it comes to fraud. As reported, Venmo has 40 million active users as of the first quarter of this year. In the U.K.,

Course 116
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New Vocalink CEO Dobbie Will Lead UK B2B Payment Expansion

PYMNTS

Dobbie joined Vocalink’s Card Transaction Services business in 2014 and has more than 16 years of FinTech experience. The New Payment Platforms team is transforming global payments through services which range from national payments infrastructures to cutting-edge anti-fraud solutions,” Dobbie said. “I

Payments 171