PYMNTS

JANUARY 31, 2020

A 2018 survey found that 40 percent of American financial institution (FI) customers in this age bracket reported debit cards as their go-to payment instruments, while 36 percent favored credit cards. He recently spoke with PYMNTS about what it takes to keep debit cards and their associated bank accounts safe from cybercriminals. .

Fraud 148

Fraud ATM Cards Security 148

PYMNTS

MAY 16, 2019

The former intends to integrate the latter’s Contact Center AI (CCAI) into its call center products and, in a recent interview with PYMNTS, Lasserre and Gnan Gowda, Genesys’ senior director of software product management and global security, discussed how this will help the company’s customers without compromising security.

Knowledge Base 100

Knowledge Base Fraud Security Software 100

PYMNTS

AUGUST 22, 2018

22) that it has rolled out two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centers. In a press release , Fiserv said the two new solutions expand beyond knowledge-based consumer authentication that can be vulnerable to fraud.

Fraud 101

Fraud social media Knowledge Base Cards 101

PYMNTS

SEPTEMBER 22, 2017

Among the front row seat observers in the battle for payments security is Stephen Stuut, CEO of online mobile payments and identity verification company Jumio. Furthermore, delay in application processing leads to about 75 percent drop off in online applications, and businesses witness a decline in conversion rates. Guess what?

Innovation 140

Innovation Knowledge Base Online Mobile 140

PYMNTS

MARCH 17, 2017

A classic image of payment fraud involves a fraudster stealing credit card numbers and shopping for goods in-person or online. But what’s left out of this picture, said David Dewey, director of research at Pindrop Security , is the element of voice. From there, I could have done anything I wanted to on his account.”.

Fraud 107

Fraud Cards Houston Retail 107

BankBazaar

JUNE 10, 2020

Hotstar is an online video streaming platform owned by Novi Digital Entertainment Private Limited, a wholly-owned subsidiary of Star India Private Limited, which currently offers over 100,000 hours of TV content and movies across 9 languages, and every major sport covered live. But, did you know our very own Hotstar is made in India?

Video 97

Video Mobile Regional Knowledge Base 97

PYMNTS

OCTOBER 7, 2019

Identity security is key when it comes to protecting financial information, and it can be devastating if sensitive documents from credit checks fall into the wrong hands, making authentication critical. Hanson estimated that the latter comprises approximately 90 percent of its customer base. “You How Nav Works.

Tools 101

Tools Data Security Fraud 101

PYMNTS

MAY 15, 2018

The Pros and Cons of Standard Security Choices. For instance, knowledge-based authentication is well-understood by users – but the answers to security questions can be socially engineered without too much trouble just by visiting victims’ social profiles. Then there’s two-factor authentication.

Fraud 129

Fraud Training Security Compliance 129

PYMNTS

SEPTEMBER 6, 2018

IdentityMind Global has debuted the RegTech Webstore , billed as a RegTech online marketplace that enables firms to integrate regulatory compliance functions directly into their own offerings. The store is self-serve, which means that customers can select a plugin, try a demo, pay with a credit card, and be off and running.

Compliance 133

Compliance Fintech Regulation Knowledge Base 133

NCR

DECEMBER 20, 2017

User authentication has been a chief security concern for financial institutions (FIs) for many years, and is arguably more pressing today than it has ever been before. There is a strong argument that the traditional username and password protections used in online banking, for example, are no longer sufficient to prevent fraudulent access.

Security 77

Security Knowledge Base blockchain Analysis 77

William Mills

MAY 11, 2016

Credit cards offer rewards but over 60% of payments are made on debit cards. Demo: Sezzle app with knowledge based authentication to link bank accounts. It’s all done through the smartphone, with bank-level security. Chip card reader for when customers are shopping online to improve security.

Video 40

Video Mobile social media Analytics 40

PYMNTS

SEPTEMBER 12, 2019

Merchants are reliant on their card acquirers as well as banks for answers to these questions, and it will be up to those partner institutions and services to ensure that merchants are not left blindsided by a rush of declined transactions under SCA. To learn more about how merchants are responding to SCA, visit the Tracker’s Feature Story.

Regulation 126

Regulation Google Compliance Knowledge Base 126

PYMNTS

MAY 31, 2018

If that data has already been exposed, then taking it back from organizations doesn’t do much good – there needs to be a way to tell, in the moment of the transaction, that a customer is legitimate rather than a criminal who has gained access to their static credentials, such as birthdate, address and Social Security number. Secure Signaling.

ATM 109

ATM Data Security Regulation 109

PYMNTS

APRIL 11, 2017

And I think a lot of that has come with how business has changed … moving more and more transactions,” which run the gamut from opening a bank account to transferring money, or even paying a babysitter through an online service. Thus, security of data becomes top of mind within a firm. “If Data Point One: One Billion Plus.

Data 101

Data social media Fraud Online 101

PYMNTS

NOVEMBER 15, 2017

With no face to match to the name and no data beyond the traditional Social Security numbers, dates of birth and passwords, is it any wonder that account security is a tough battle to fight — especially against foes who have leveraged data breaches into literal gold mines?

social media 100

social media Fraud Knowledge Base Data 100

CB Insights

MAY 10, 2018

From one perspective, the position of management consulting as an industry has never seemed more secure. When BeverageCo sought to take advantage of digital, they had many isolated initiatives (such as online advertising and a corporate Facebook page) underway, but lacked traction in any of them. Each one is still growing.

Strategy 78

Strategy Management Analytics Tools 78

Fintech Labs Insights

DECEMBER 5, 2016

Speaking at FinovateFall 2016 in September, Daon President of the Americas Conor White asked attendees about their own experience with cart abandonment online. “Last year, a Javelin report said that there was $9 billion lost due to card fraud. So do we have a security problem or a convenience problem?”

Security 12

Security Mobile Technology Virginia 12