Remove 2016 Remove Online Remove Security Remove Technology
article thumbnail

Consumers Committed To Online Shopping, Despite Strong Security Concerns

PYMNTS

According to the 2016 American Express Digital Payments Security Survey , 70 percent of U.S. Nearly half — 48 percent — of consumers who shopped online in the past year have experienced payment fraud. Sixty percent had experience with online sales fraud, and 25 percent said that figure is on the incline.

Security 100
article thumbnail

AI/BOTS: Machine Learning Tips Online Fraud Scales

PYMNTS

Technological advances are pushing the boundaries for what’s possible in a variety of industries. Stemming from AI, machine learning is helping technology move at a swifter rate, and as more people bring their shopping needs into the online world, it’s likely that machine learning will play a larger role moving forward.

Fraud 196
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In Online Banking, Spreading The Message Of Secure Messaging

PYMNTS

If the definition of insanity is doing the same thing time and again and expecting different results, then perhaps the way we pay through, and interact with, online banking may have a hint of madness, or at least complacency. And though the web may offer convenience, it offers not much in the way of security. primarily through B2B.

Security 101
article thumbnail

Top 10 Blockchain Headlines of 2016

Bank Innovation

Blockchain—possibly the buzziest of buzzwords in 2016. The world saw the rise of new enterprise blockchains, how the technology might be used to transport gold, to safely move perishable items like pork through a supply chain, and most importantly for those of us in the fintech trenches, we saw banks, Read More.

article thumbnail

Digital Security 2016: At The Crossroads Of Biometrics, EMV And Mobility?

PYMNTS

It’s been a busy 12 months since the last Money20/20, as new technologies and threats have disrupted the security space time and time again. McDowell said that he expects these and other new technologies to soon replace more traditional methods of authentication and verification, such as passwords.

Security 100
article thumbnail

Biometrics Beats Blockchain at Bank Innovation 2016

Bank Innovation

Eleven companies were awarded slots in the DEMOvation Challenge, which took place yesterday here at Bank Innovation 2016, our annual first-quarter event. They were: Asignio – authentication solution Autobooks – payments and accounting software for Fis Bankfacil – Sao Paulo-based secured Read More.

article thumbnail

Technology Safeguarding The Age-Old Practice Of Financial Data Sharing

PYMNTS

Today, APIs have become a popular way for banks to share this financial data with other services and have given rise to more possibilities for FinTechs in how they meet their customers’ needs — and more debate about the security of such facilitated information-sharing.

Data 191