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Can Smartphones Solve ATM Skimming

Banking 2020

One new approach that banks are exploring to mitigate this particular vector of fraud is the notion of using smartphones as a second factor of authentication since most people always have their phone with them. Of course ATMs are operated not as cost reduction tools, but as profit centers for banks and independent owners.

ATM 40
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Whitepages Pro Spins Out, Becomes Ekata

PYMNTS

For businesses that operate within the payments ecosystem, playing the long game also means, on occasion, retooling — proactively. focused direct-to-consumer (DTC) operations tied to Whitepages.com. He noted, too, that the businesses, including the B2B operations, had traditionally been funded by the DTC side of the firm.

UX 124
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FIs: Build For A Digital Future Or Lose Customers

PYMNTS

The first phase involved just keeping day-to-day operations under control in a radically and quickly altered context. That’s putting pressure on FIs at a time when they’ve already seen flash-fraud rates and chargeback disputes dramatically increase.

Mobile 141