PYMNTS
JULY 16, 2020
Visa and Cubic have already launched contactless systems in cities around the world, including London, Miami, New York, Sydney and Vancouver. A customer taps their contactless card or contactless-enabled mobile phone at the terminal, and then they are ready to ride, the release states.
PYMNTS
JANUARY 14, 2021
Fraudsters are deploying strategies, such as credit card theft and false chargebacks, to capitalize on online marketplaces’ security vulnerabilities, and merchants are scrambling to anticipate and counter fraudsters’ emerging schemes. It turns out there was a big data breach. … How Swap.com Stomps Out Fraud.
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PYMNTS
NOVEMBER 16, 2020
Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Such security methods can be critical to preventing fraud that targets mobile users, of which one of the most prevalent types is SIM swap fraud. It's that easy.”.
PYMNTS
FEBRUARY 2, 2021
City National Bank, Extend Pair On Virtual Cards. To launch its new virtual commercial card offering, City National Bank is working with FinTech Extend, the companies recently revealed. Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering.
PYMNTS
NOVEMBER 11, 2016
First, the bank’s fraud system detected suspicious activity , which led to thousands of customer cards being blocked from usage. The National Cyber Security Centre (NCSC) in the U.K. Fraud at the point of sale is expected to shrink, but online payment card fraud on eCommerce and banking websites will continue to rise.
PYMNTS
JULY 26, 2016
In an effort to accelerate digital commerce globally, credit card company Visa announced on Monday (July 25) plans to open an office in Silicon Valley. The employees to be housed in the new facility are ones who are focused on technology research, business intelligence, data security and merchant services.
Independent Banker
JUNE 30, 2022
Security Bank Midwest. Security Bank. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. Since the successful Credit Builder Account participants end the program with $1,000 in the bank, they have the cash to secure the card. First Security Bank of Deer Lodge.
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