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Visa: Minimizing Fraud Risk And Protecting Merchants Amid The Digital Shift

PYMNTS

"New government policies ultimately changed the way the majority of businesses interacted with customers, with new phrases like 'buy online, pick up in-store' becoming part of the nomenclature," says Andre Machicao, senior vice president of CyberSource, Visa. We saw years of change happen in a few months due to COVID-19.

Fraud 224
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How The Pandemic Accelerated The Shift To Digital Commerce

PYMNTS

Financial institutions and merchants that are hypervigilant with security will be rewarded with loyalty. In a 2019 PYMNTS eBook much like this, we made predictions for eCommerce in 2020 and the next decade. Unsophisticated fraud prevention strategies couldn’t adapt as the pandemic changed both how people shopped and what they bought.

eBook 222
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Survey: When Do Fraud Controls Ruin the Customer Experience?

FICO

The last few years have thrown up many challenges for banks and card providers as everything has shifted online, one of the primary challenges being fraud scams. But the online shift has also created opportunities for financial institutions to demonstrate their strong fraud controls in the digital space.

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Vesta Corporation Shows Innovation A Hidden Victim Of Fraud

PYMNTS

There’s another way, though, in which the fear of fraud bears down on the enterprise. A new report from Vesta Corporation finds fraud positions itself in the way of innovation and growth, even compliance. to understand how payments fraud is limiting corporates’ path to success. cents per every $100 transacted.

Fraud 108
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PAAY: The Year Of Small Business

PYMNTS

Yitz Mendlowitz, founder and CEO of PAAY , shares his insights on how the pandemic has impacted small businesses, and what they should do in the year ahead to prevent fraud and survive in the new digital economy. With an effective fraud prevention solution, businesses can successfully adapt. retailers incur $3.13 of costs.

Fraud 141
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Whitepages CEO: 2018 — The Year Of ‘Accelerated Disruption’

PYMNTS

The following piece was written by Rob Eleveld, CEO of Whitepages Pro , as a contribution to our 2018 year-end eBook. . In the past couple of years, computing power has basically become free, allowing fraud rings to systematically hammer away at eCommerce sites with parallel machines running automated scripts.

eBook 149
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Payments 2016: The Year Of The Chip

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. While EMV will most certainly clamp down on fraud at the card-present point of sale, it will also most certainly drive fraud to the online eCommerce channel.

Payments 100