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Payments 2016: The Year Of EMV-Enabled Cards

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of EMV-Enabled Cards. Throughout 2016, financial institutions continued to roll out new EMV-enabled cards to their consumers.

Cards 116
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FICO Survey: US Consumers’ Payment Methods Linked to Fraud

FICO

US customers and their banks are familiar with different types of fraud including card, identity, and payment related frauds. Most respondents in the US reported that they are most worried about card fraud, having their stolen identity used to open an account, and Account Takeover (ATO) fraud. This could be why U.S.

Survey 52
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FICO Survey: US Consumers’ Payment Verification Methods Linked to Fraud

FICO

US customers and their banks are familiar with different types of fraud including card, identity, and payment related frauds. Most respondents in the US reported that they are most worried about card fraud, having their stolen identity used to open an account, and Account Takeover (ATO) fraud. This could be why U.S.

Survey 52
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Proactive Customer Communication for Fraud Prevention

FICO

The majority prefer text (43%) while another 17% prefer email, despite security flaws described as early as 2016. This approach is being widened globally with the adoption of 3-D Secure 2 for card payments. 22% of credit card customers worldwide report that their card provider does not have an accurate mobile number for them.

Fraud 52
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Enterprise Fraud Solution Buyers Want More Agility, More Data

FICO

The data from this survey revealed global trends, along with regional differences, that demonstrate the ongoing commitment that financial institutions have for finding and stopping payments fraud. Pain Points in Fraud Management Vary by Region. Investing in Fraud Prevention and Detection. Andrew Manuel. See all Posts.

Fraud 52
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Strong Fraud Protection Could Draw More Customers - Survey

FICO

In the UK, trade bodies have called for fraud levels to be considered a national security threat. Security checks have increased globally – driven by the implementation of SCA in some countries and the growing fraud levels in others – and it’s been noticed by consumers. Friction Is Still an Issue .

Fraud 52
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242 Startup Failure Post-Mortems

CB Insights

The startup, which was established in 2008, privately raised $185 million before its $100 million initial public offering was blocked by the Australian Securities Exchange last year. So its secured lender, which [founder Scott] Jones didn’t name, recently emptied ChaCha’s bank accounts. Product: ChaCha.

Company 78