PYMNTS
OCTOBER 23, 2017
Fraud losses move around and strike in different places, but they never go away. Linden said it’s worth it to “belly up” with card brands and security companies that are more well-known and sophisticated, even though their products are also more expensive. Every time we fill a gap in the process, a new one is discovered,” Linden said.
PYMNTS
MARCH 24, 2020
So what can financial institutions (FIs) do to improve their apps’ user experience (UX), and will making these changes help boost adoption and usage? Consumers who are dissatisfied with card controls, sending money to friends and relatives and paying bills are all more likely to cite this as their reason, with 24.1 percent, 25.5
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Tomorrow's Transactions
AUGUST 2, 2016
It does seem to me that some of the frauds being perpetrated might well be beyond the defensive capabilities of even the most advanced technology. A taxpayer who bought and handed over £15,000 in Apple iTunes gift card vouchers is one of “hundreds” of HMRC customers to be defrauded in the past month, a scam bulletin says.
PYMNTS
OCTOBER 13, 2016
NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.
Celent Banking
JUNE 5, 2015
Another case arises when consumers have high interest rate credit card debt. Anchoring on credit card disclosures is very powerful. Initial experiences with the new credit card disclosures shows that borrowers are anchoring on the minimum payment figure, and on occasion paying less each month than they otherwise would.
Banking 2020
AUGUST 27, 2015
According to a recent article in ATMMarketplace.com, card skimming accounted for more than $2 billion in losses. 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.
Fintech Labs Insights
JULY 7, 2016
Holvi launches new debit card, Holvi Business MasterCard. Risk Ident CEO Roberto Valerio writes about fighting account takeover fraud. Ping Identity updates IDaaS Platform for Improved UX. Around the web. Misys honored by Celent Model Bank Awards for its work with Russia’s Alfa-Bank.
Expert insights. Personalized for you.
116 
Let's personalize your content