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Retailers Increasingly Turn To AI For Security And Efficiency

PYMNTS

Take the issue of retail security as one example. As the new PYMNTS Merchant Fraud Decisioning Playbook shows, fraudsters are starting off the new decade armed with the stolen data and credentials of millions of global consumers, and they are already putting that data to use. Retail Trust and AI.

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WatchGuard Internet Security Report Shows Your Fridge Could Be Part Of A Hacker’s Botnet

PYMNTS

While few computer users opt for a Linux operating system, almost every consumer has an Internet of Things (IoT)-enabled device (or 10) that runs on it, from webcams and DVRs in the home to point-of-sale terminals and ATMs in businesses. “If That’s why hackers are targeting Linux systems, and consumers don’t even know they’re using them.

Security 137
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Amazon Teams With Family-Owned Business In Counterfeiting Lawsuit

PYMNTS

Seattle-based Amazon has hooked up with a small business to sue 11 individuals, alleging that they counterfeited J.L. It alleges that “the defendants conspired and operated in concert with each other to sell counterfeit J.L. It is now co-owned and operated by her two daughters, Kate and Sarah. 22), was originally filed on Aug.

Seattle 145
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Football, Fraudsters And The Voice Of Commerce

PYMNTS

Nets and OT will combine their capabilities to offer an end-to-end mobile payment solution, which will include host card emulation (HCE) and tokenization to secure payments. “By That gives them the incentive to invest the time and money necessary to set up impressive operations and ensure they don’t get caught. Payments Take The Field.

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Seattle Seahawks Chalk Up An Authentication Win With Biometrics

PYMNTS

Apple’s new offering, a biometric credit card, comes with security features that make fraud difficult for bad actors. That’s because the card features dynamically change security codes, making it nearly impossible for thieves to use stolen data effectively. Seattle Seahawks Score a Biometrics Win.

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Russian Hacker Gets 27 Years In US Prison For Massive Credit Card Theft

PYMNTS

Seleznev, 32, targeted about 3,700 financial institutions and 500 businesses across the world, including several restaurants in the Seattle area. which has faced challenges in capturing and convicting Russian cybercriminals, who operate in relative impunity inside Russia as long as they don’t breach targets in their country. .

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

These APIs handle everything from acceptance and processing to settlement and reconciliation, while ensuring compliance and security. Fraud prevention tools. Sigma aims to streamline business operations. Additionally, the company must underwrite risk, and is on the hook in the event of fraud or returned items.

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