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How FIs Counter Online Debit And Credit Card Skimming

PYMNTS

Card-skimming devices hidden on gas station card readers or carefully integrated into ATMs used to be especially troubling for merchants and consumers, but retailers and financial institutions (FIs) have stepped up their measures to protect physical card readers in recent years. Safeguarding Card Details.

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Identity As A Service To The Rescue

PYMNTS

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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Bitcoin Daily: BoE Economist Cites Benefits Of Digital Assets; Online Gamblers Choose Crypto To Cash Out; One Charged In $2M Crypto Theft

PYMNTS

“If history is any guide, a co-evolutionary path is likely, with an eco-system of diverse and competing payments media and systems emerging, some wholesale, others retail, some private, others public,” he said. Freeman allegedly worked with five co-conspirators.

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Is #donate The First Step To #buy?

PYMNTS

That’s what led him to Goodworld, an online platform that removes the friction from digital donations, making them possible (and secure) by using hashtags. Such a process can lead to online amplification for the charitable cause. This can serve as a powerful force when it comes to online charitable giving via social media.

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Holiday Sales on the Dark Web

Abrigo

Carding shops offer bulk sales on compromised payment card data. Carding shops are underground marketplaces that traffic in compromised payment card data. These marketplaces facilitate the movement of compromised payment card data from hackers to fraudsters, often across faraway geographies. Fraud Prevention.

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Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz Plus System For Merchants

PYMNTS

IBM has purchased Expertus Technologies, which is based in Canada, according to an announcement, in an effort to strengthen its hybrid cloud and artificial intelligence (AI) infrastructure in addition to its online payment strategies. Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments.

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The Digital Payments Key To Keeping Donors In A Charitable Mood

PYMNTS

Generating the funds to pay for their operations often requires novel strategies, however, as most of these organizations can no longer hold in-person galas and other fundraising events. Social media-based campaigns are also proving to be especially useful during the health crisis.