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Mitigating Risk With Payment Flexibility: Continuity In The Face Of Uncertainty

PYMNTS

Here are a few examples of capabilities that enable our clients to manage unforeseen circumstances related to payments: Clearing options: Providing two or more local clearing options in each major region ensures redundancy if one bank partner is disrupted. Security: Unfortunately, there are those who seek to profit from uncertainty.

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FICO Survey: US Consumers’ Payment Methods Linked to Fraud

FICO

Some Consumers Lack Confidence in Bank Security, Dissatisfied. consumers (72%) are confident in banks and consider their banks trustworthy, transaction security fair, and treatment of fraud victims acceptable. However, 17% of US customers are dissatisfied with security and fraud prevention management. This could be why U.S.

Survey 52
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FICO Survey: US Consumers’ Payment Verification Methods Linked to Fraud

FICO

Some Consumers Lack Confidence in Bank Security, Dissatisfied. consumers (72%) are confident in banks and consider their banks trustworthy, transaction security fair, and treatment of fraud victims acceptable. However, 17% of US customers are dissatisfied with security and fraud prevention management. This could be why U.S.

Survey 52
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Payments 2016: The Year Of EMV-Enabled Cards

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 customers were not exactly sure how that fraud protection occurred or about the significance of the chip card, they felt more secure when making their purchases.

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GDPR Laggards Can Still Get Ahead Of The Game

PYMNTS

And make no mistake, he added: Regulators in other regions and countries are watching closely to see how all this plays out, and what it means for their own data protection efforts. We always wanted security to have a seat at the table.”. So far, one of the positive results of the GDPR push is “dialogue.”.

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Enterprise Fraud Solution Buyers Want More Agility, More Data

FICO

The data from this survey revealed global trends, along with regional differences, that demonstrate the ongoing commitment that financial institutions have for finding and stopping payments fraud. Pain Points in Fraud Management Vary by Region. Investing in Fraud Prevention and Detection. Putting It All Together.

Fraud 52
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Proactive Customer Communication for Fraud Prevention

FICO

The majority prefer text (43%) while another 17% prefer email, despite security flaws described as early as 2016. This approach is being widened globally with the adoption of 3-D Secure 2 for card payments. Using technology to support proactive outreach goes far beyond a dialer or an SMS option. a biometric). a biometric).

Fraud 52