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Top News In Payments: Antitrust Probe For Google Shopping Comparison Tool; Visa Warns Of Rise in Gas Station POS Cyberattacks

PYMNTS

Department of Justice is expanding its antitrust probe to include Google’s online shopping comparison tool, and Visa warns of an increase in fuel dispenser POS cyberattacks. US Antitrust Regs Probe Google’s Shopping Comparison Tool. Also, Uber is negotiating the sale of Uber Eats to India’s Zomato.

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NEW DATA: Why Bank Customers Prefer Convenience Over Security

PYMNTS

Consumers prefer speed, convenience and ease of use over security — even when it comes to accessing financial services online. In comparison, only 45 percent said they would prefer an authentication method due to its tight data security. At the same time, though, the risk of identity theft and fraud is at an all-time high.

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 Netspend On How Increased Security Demands Spur Virtual Card Adoption

PYMNTS

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Knutson explained how the virtual debit card space is evolving to support eCommerce and detailed what goes into a secure yet speedy virtual card application process. Streamlining Onboarding Security.

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NerdWallet explains how its credit card will help vast swath of users

American Banker

The product-comparison site, which rates and ranks credit cards, is debuting its own secured credit card that it believes will help users improve their credit scores and pursue better offers.

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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

By comparison, the first 3-D Secure (3DS) technology provides consumers with a user experience marked by lengthy times for processing and verification. Our EMV 3DS solution enables small businesses to securely pivot and capitalize on the immense growth of remote commerce, while not sacrificing the end-user experience.”.

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Mitek Upgrades Digital ID Verification With NFC Technology

PYMNTS

22) that it will be incorporating NFC capabilities, which increase the speed and security of transactions, into its “identify verification workflow.”. Mitek noted in a press release that its new NFC-enabled “fast lane” can enable “banks, FinTechs and financial organizations onboard their customers more simply and securely.”.

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3D-Secure Overhaul Could Lead To Wider Adoption

PYMNTS

3D-Secure 2.0 In this case, though, that upgrade comes to a security protocol designed to strengthen security around online credit card transactions, but which has seen little change since its inception 17 years ago. Like Web 2.0, Mobile 2.0, and Vegetables 2.0 (And, And, yes, that’s a thing. In-App Purchases.

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