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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. It is essential right now that businesses take measures to protect themselves against fraud.

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Deep Dive: Using AI To Solve The $4.2T Fraud Problem

PYMNTS

Many organizations are thus tapping into advanced, unsupervised learning technologies — which provide opportunities to reduce financial fraud as detection becomes smarter and machine learning more robust — like artificial intelligence (AI) for assistance. The High Costs Of Fraud . A recent study found that 60.8

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Banks Turn To 3D Secure 2.0 To Fight Fraud

PYMNTS

Both solutions provide increased fraud protection to online transactions made via debit or credit cards. Improving customer experiences was not the sole focus of 3DS 2.0’s The changes also include enhanced fraud protections for merchants. s upgrades, however. For example, 3DS 2.0 solutions going forward.

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As Fraud Feeds On Data, FIs Harness It With AI

PYMNTS

This is just one example of how the explosion of data can increase a company’s fraud vulnerabilities, but can also provide a solution if captured and utilized. Current and Future State of Fraud. Companies fighting fraud are failing to tap into unstructured data. Anti-fraud efforts are not the only potential benefits , however.

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Getting Started On Embedded Finance

Perficient

I remember when my mother stopped shopping at one department store because they wouldn’t give her a charge card in her own name, but another store would on their private-label charge card. Buy/build and gap analysis studies are integral in helping determine where embedded finance may reap the most benefits. .

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Apple Card Growth, Flywire Hire and B2B Changes Top Week’s News

PYMNTS

Not only that, but fresh PYMNTS research sheds light on fraud and facial recognition. Goldman Extends $10B In Apple Card Credit In First Month. According to regulatory filings made public this week, Apple Card? In other words, it is no longer enough to respond to a fraud attack after it occurs. Trackers and Reports.

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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

AI is not only being adopted to improve workflows and grow revenues, but has also been enlisted in the fight against fraud.”. The surge of digital orders carried a toxic tide of fraud, and many companies turned to supervised machine learning to deal with it. This establishes identity trust or risk in real time.

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