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New Apple OS Reportedly Has Payment Security Issues

PYMNTS

Two Apple iOS 13 users took to Reddit to share some payment security issues they faced when using the tech giant’s newest iteration of its operating system, according to reports. Apple has already announced it will release iOS 13.1 Today I decided to change my iTunes credit card. This is a major security flaw in iOS.

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How Radius Bank Is Tapping Mobile, Digital Card Issuance To Keep Debit Transactions Secure

PYMNTS

Bad actors have moved to take advantage of the rush to digital payments — particularly those made with debit cards — leaving banks and financial institutions (FIs) racing to keep them off their platforms. We have seen higher levels of fraud or suspicious activity, [and] we have definitely built up our fraud prevention team. …

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UK Gov’t Now Accepts Apple Pay For Some Services

PYMNTS

government has now started accepting Apple Pay for certain online payment services. 9to5Mac reported that the government’s website is now accepting Apple Pay for four of its online services, including the Global Entry Services, the disclosure and barring service checks, the Registered Traveler Service, and the Electronic Visa Waiver Service.

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Apple Card: 10 key takeaways

Payments Source

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

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Apple Card: 7 key takeaways

Payments Source

Apple's new credit card isn't just another virtual card in its virtual wallet. It borrows a lot of features from the most successful brands in payments and technology.

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U.S. Bank Breaks Ground With Commercial Cards For Apple Pay

PYMNTS

Bank will enable its corporate customers to use their commercial cards via the mobile Apple Pay , Android Pay and Samsung Pay solutions, reports said Monday (March 20). According to the bank, this makes it the first to support mobile payments for Visa commercial card transactions. Bank corporate card customers.”.

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U.S. Bank: Machine Learning Is Banks’ Best Bet Against Fraud

PYMNTS

Banks lost about $4 billion to account takeover (ATO) fraud attempts last year and fraudsters have been reluctant to abandon the scheme as this year progresses. Fraudsters made off with account numbers and other personal details, which could later be used for different synthetic identity fraud or related schemes. digital bank Monzo.

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