Remove Banking 2020 Remove Fraud Remove Mobile Remove Technology
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Big rise in Australian card fraud

Banking 2020

Cases of card not present (CNP) fraud are continuing to rise across all corners of the globe, as EMV forces criminals away from traditional fraud channels. cents the year previously, and significantly higher than the less than one cent per $1,000 registered for cheque fraud. How can CNP fraud be prevented?

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Step-by-Step Guide to Developing an Anti-Fraud Program

Banking 2020

Protecting a financial services organization against fraud requires much more than a strong password policy and client education. The sophistication of cyber attacks and high risk of fraud necessitate a comprehensive anti-fraud program that includes policies, processes and technologies.

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B2B FinTech On The Cusp Of Change

PYMNTS

At the same time, new evidence emerged to imply businesses will be adopting more sophisticated fleet payments tactics, while separate research found cause to believe B2B businesses are ready to implement mobile sales efforts for their corporate clients. 65% of U.K. Those services include bitcoin and peer-to-peer lending, analysts said.

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Your Eyes are the Window to… Your Bank? Q&A with EyeVerify

Banking 2020

If you haven’t already heard of them, EyeVerify developed mobile authentication technology they call Eyeprint ID, that replaces traditional passwords with the uniqueness of the human eye, or your “eyeprint.” Hackers know that passwords are the Achilles’ Heel of internet and mobile.

System 101
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Can Smartphones Solve ATM Skimming

Banking 2020

One new approach that banks are exploring to mitigate this particular vector of fraud is the notion of using smartphones as a second factor of authentication since most people always have their phone with them. No doubt, if they had to make a decision today on which technology to use, they would never choose QR codes.

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Going Head First with Apple Pay: Q&A with AFCU

Banking 2020

To get a better sense of what adopting Apple Pay actually looks like, we chatted with Brice Mindrum, mobile services manager for America First Credit Union. In adopting Apple Pay, did you view this as a welcome technology? Voices America First Credit Union Apple Pay mobile payments' We will be issuing EMV cards soon.

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MasterCard to smash contactless payment limits

Banking 2020

Clearly MasterCard is banking on consumers not being put off by the prospect of authenticating a contactless transaction. In terms of fraud, there is a strong case for contactless transactions even with a layer or two of extra processes like inputting a PIN. Fraud question.