Remove Fraud Remove Maine Remove Operations Remove User Experience
article thumbnail

Want Better Fraud Prevention? Build A Better Team

PYMNTS

One day — maybe one that has already happened for some PYMNTS readers — we might look back with fondness and nostalgia on that time when chargebacks stood as the main worry merchants and other organizations faced when it came to fraud and risk. That’s where Kevin Lee comes in. Changing Scope. The stakes could hardly be higher.

Fraud 169
article thumbnail

How PSD2 Is Changing ING Bank’s API Strategy

PYMNTS

For other companies, GDPR is the main concern as they move to expand operations within Europe. Fraud isn’t the only thing banks and merchants are concerned over when it comes to SCA’s upcoming deadline. Deep Dive: Retailers Brace For SCA’s Downsides.

Strategy 188
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Airbnb Uses Payments To Stay Competitive

PYMNTS

Platforms need to pay careful attention to fraud across dozens of markets, meaning the ability to detect and manage fraud will only become more crucial as the sharing economy grows. Airbnb on Payments, User Friction and Security Challenges in a Global Market. Read these and the rest of the latest headlines in the Tracker.

Payments 183
article thumbnail

Lemonade CFO On The Insurance Industry’s Innovation Dilemma

PYMNTS

But how can a five-year-old digital native really stack up against companies that have been operating for decades — or even centuries? The data collected during the onboarding process is key to mitigating fraud risks for insurance companies, too.

article thumbnail

Why The Cyberfraud Fight Needs A Trusted Identity Reset

PYMNTS

The future of eCommerce, and fraud prevention, is flipping the script from just stopping bad transactions to enabling personalized customer experiences. Or is there a high level of trust that deserves a VIP experience? That is why legacy fraud prevention tools are becoming less and less efficient and effective.”. “It

Fraud 146
article thumbnail

Legacy FIs Losing Sight Of SMB Data Must Step Up With Digital Agility

PYMNTS

Small and medium-sized businesses (SMBs) got their clocks cleaned by the pandemic, and turning to their traditional lending sources, they’ve encountered sclerotic systems and outdated policies not conceived for the needs of the recovering Main Street merchants of 2021. Deluxe itself has 4.5 It's still there, but you don't hear it.

Data 143
article thumbnail

Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

PYMNTS

In the August edition of the Payments And The Platform Economy Playbook , PYMNTS examines how marketplaces are using technologies such as artificial intelligence (AI) and mobile payments to innovate the customer experience. Fraud remains an ever-present challenge, however, and marketplaces worldwide are deploying new defenses.