PYMNTS

JUNE 13, 2017

Diebold Nixdorf , the connected commerce technology company and Samsung SDS America announced they are teaming up to show how integrating advanced mobile technology — such as facial recognition — and the self-service channel can result in enhanced security and an improved consumer experience.

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PYMNTS

APRIL 8, 2019

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. Fraud is becoming an increasingly more common problem in the eCommerce sector, and is estimated to cost merchants about $130 billion over the next five years. “At

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PYMNTS

AUGUST 9, 2017

Bank of America is reportedly launching a pilot of Samsung Electronics technology that will enable customers to access the mobile banking app via a photo of their eye. American Banker reported around 1,500 Bank of America and Samsung employees will try out the iris scan pilot for around six weeks.

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PYMNTS

JANUARY 17, 2020

This increasingly sophisticated group poses a growing and costly headache to those who value the model, forcing businesses to spend billions on fraud-fighting technologies. Preventing fraud with seamless and secure onboarding solutions is key. million fraud reports in 2018, resulting in $1.48 trillion a year.

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PYMNTS

JUNE 17, 2020

Robert Farkas, the 33-year-old co-founder of crypto project Centra Tech , has pleaded guilty in court to conspiring to commit securities and wire fraud, Coindesk reported. The bank’s Islamic Research and Training Institute ( IRTI ) will be working with Samsung-backed blockchain provider BLOCKO.

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PYMNTS

OCTOBER 18, 2019

Samsung SDS will reportedly launch a blockchain-based medical claims processing system this month. Securities and Exchange Commission’s (SEC’s) request for a preliminary injunction, and requesting an order to maintain the offer, sale or distribution of Grams — its native crypto.

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blockchain Samsung Bitcoin Innovation 101

PYMNTS

OCTOBER 2, 2019

In other news, Morningstar Credit Ratings is moving further into the blockchain space by building the largest bridge to date between the blockchain and the global debt securities industry, which had $117 trillion outstanding as of March 2019. And Samsung-backed Blocko is now in the UAE after it secured funding in Asia Pacific and Europe.

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PYMNTS

DECEMBER 27, 2016

In order to keep mobile customers, payments and data safe, multiple security companies recently formed partnerships designed to bolster their mobile security. Samsung Electronics Co., Samsung Electronics Co., Meanwhile, similarly, FirstBank announced last month that it would turn to Entersekt to help secure its iOS app.

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PYMNTS

SEPTEMBER 6, 2016

In a world where payments become more invisible the more digital they become, there’s never been a better opportunity to consider new ways to enable the digital transformation of financial services in a secure and compliant way. Payments Security As A Digital Business Enabler. Or watch its digital disruption.

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PYMNTS

OCTOBER 28, 2016

The recent global distributed denial-of-service cyberattack on hundreds of thousands of smart devices shined a big, booming light on the vulnerability that exists around IoT and security concerns. And in its aftermath, companies are feeling an increased urgency to bolster their security platforms. News highlights from the IoT world.

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PYMNTS

FEBRUARY 1, 2017

At the same time, the risk of fraud has never been higher and is still increasing — and the true costs of card-not-present fraud hit both the top and bottom lines of retailers simultaneously, while doing damage to reputations as well. When it comes to fighting fraud, there is a two-tiered model that is emerging.

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PYMNTS

MAY 10, 2016

The Federal Trade Commission (FTC) is running a security check on mobile devices. The agency announced yesterday (May 9) that it has issued orders to eight mobile device manufacturers to share with the FTC the details about their particular processes in issuing security updates in instances when their smartphones, tablets, et al.,

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PYMNTS

JULY 14, 2016

Payments security is usually not a wellspring for belly laughs. In June, the company said that it is launching the next phase of its Security Pays initiative , which traces its genesis to August of last year and, at present, includes more than 1,000 of Vantiv’s partners around the United States.

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PYMNTS

MARCH 17, 2017

That’s why payments innovation isn’t just about delivering a solution, but delivering one that can create efficiency and reduce risk in a secure manner. ML: As executive vice president and CIO, I am responsible for the technology and security solutions we provide and how they are positioned in the marketplace.

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Abrigo

DECEMBER 3, 2021

Two-factor authentication (2FA) is a commonly used tool to add an extra layer of security and prevent unauthorized login of online accounts. Underground” Telegram Channel offering OTP bot subscriptions for worldwide banking fraud . The calls rely on fear, convincing victims to act to “avoid” fraud in their accounts. Learn More.

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PYMNTS

JULY 9, 2019

As digital payments and commerce grows — and as consumers and regulators focus more on issues related to web security and privacy — digital ID continues to take more of a role in addressing those concerns, and helping online companies and organizations win over more consumer and otherwise scale. Everything is moving toward digital.”.

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PYMNTS

JANUARY 23, 2019

In a press release issued Tuesday, Swift Prepaid said it will integrate its prepaid services to enable Bitty small business customers immediate access to virtual funds after they secure a merchant cash advance. The funds can then be uploaded to a mobile wallet, including Apple Pay, Samsung Pay and Google Pay.

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PYMNTS

OCTOBER 1, 2019

With new venture capital from Mastercard, Comcast, Samsung and other investors, New York-based tech startup HYPR has notched $18.3 Mastercard, as well as Samsung, participated in the round. Mastercard, as well as Samsung, participated in the round. Issues with password-based security have been well documented.

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Software Samsung Google New York 100

PYMNTS

JANUARY 2, 2019

In September Bank of America announced that it had added mobile wallet support for a suite of commercial card products, now letting corporate card holders use Apple Pay, Google Pay and Samsung Pay. ” Enhancing Security. “An added benefit to using commercial cards in mobile wallets is security and protection of card numbers.

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PYMNTS

SEPTEMBER 27, 2017

According to Hari Gopalkrishnan, managing director of consumer facing platforms and technology for Bank of America, that’s especially true when it comes to digital identity security and protection technology for banks and other financial institutions. Bank of America’s research is not limited to working with Samsung, though.

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America Samsung Security Apple 133

PYMNTS

SEPTEMBER 4, 2018

Also, Samsung has a new plan to capture millennial consumer loyalty, there is new clarity at the Bank of England and a new scam hits home buyers. Mobile Users To Rely On Biometrics Security By 2023. Samsung Eyes Millennials With Smartphone Revamp. Welcome to Five at Five, your late look at today’s commerce and payments news.

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PYMNTS

MARCH 21, 2017

announced Monday (March 20) travel card clients can soon pay via Apple Pay , Android Pay and Samsung Pay. said the addition of the new payment methods enables commercial cardholders to easily and securely pay with compatible device, making U.S. Bank to help enable the security and convenience of mobile payments to U.S.

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Mobile Cards Payments Samsung 121

PYMNTS

MARCH 14, 2017

In addition, enhanced solutions — including new security features, wireless communication technology, the need for paperless receipts and prevention of fraudulent transactions — will continue to make the terminals a popular choice for merchants and their customer base.

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PYMNTS

APRIL 7, 2017

Hacking, Hacking Everywhere : The venerable Samsung brand may be under attack. Research shows that there are security flaws inherent in coding across several devices that can turn mobile phones, smart watches and TVs into zombie machines that can be compromised by hackers. Visa has been very busy lately.

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PYMNTS

JANUARY 11, 2020

Samsung recently inked a deal with Finablr , Travelex’s parent company, on a cross-border payment wallet, but said it had “decided to disable the international payment service at this time.” Samsung said there was no evidence of Samsung Pay users being affected. Other companies on Travelex’s periphery were also affected.

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PYMNTS

JANUARY 11, 2020

Samsung recently inked a deal with Finablr , Travelex’s parent company, on a cross-border payment wallet, but said it had “decided to disable the international payment service at this time.” Samsung said there was no evidence of Samsung Pay users being affected. Other companies on Travelex’s periphery were also affected.

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Samsung System Company Cards 130

PYMNTS

SEPTEMBER 14, 2018

In total, more than $193 million made its way to the B2B space — more than 80 percent of it secured by cloud firms. The funding — led by Third Point Ventures with participation from Battery Ventures, JA Mitsui Leasing and Samsung NEXT, as well as existing backers SoftBank Corp. Wasabi Technologies .

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Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Use of Apple Pay, Samsung Pay etc. Real-time Payments Interbank Infrastructure.

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Accenture

FEBRUARY 28, 2017

The payments landscape is changing fast due to new disruptive technologies such as open APIs, distributed ledger technology, cloud, Apple/Samsung/…Pay, and customers’ expectations are changing for seamless and faster payments. Use of Apple Pay, Samsung Pay etc. Real-time Payments Interbank Infrastructure.

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Payments Bitcoin Samsung Fraud 150

PYMNTS

FEBRUARY 24, 2016

Among the most visible examples to date are deployments where FIDO is used to authenticate payments across PayPal, Samsung Pay, and carriers such as NTT DOCOMO. Beyond the payments functionality, FIDO targets interoperability across digital transactions that span channels and also different types of mobile devices.

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NCR

JANUARY 23, 2017

Human action remains the largest threat to bank security. Encouragingly, the development of cutting-edge technologies like geolocation and biometric authentication could provide increasingly powerful weapons in the fight against fraud over the coming years. The weakest link in mobile banking security?

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PYMNTS

APRIL 12, 2018

These trends are making the on-the-road payment experience increasingly easier and more secure,” the executive added. Bank to make life a little easier and more secure for business travelers.”. According to Rankin, analysts estimate an 80 percent increase in the volume of mobile payments between 2015 and 2020. According to U.S.

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FICO

JULY 10, 2020

With this uptick in usage leaving many wondering just how secure this payment method is, I thought it was important to answer some commonly asked questions. Simply hover a compatible card or smartphone payment option, like Apple Pay or Samsung Pay, close to the card reader until it acknowledges payment, often with an accompanying beep.

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PYMNTS

MARCH 15, 2017

In a press release , E la Carte said the new terminal has the highest levels of security available built in along with future-proof capability and ease of use. Brick-and-mortar payments and security requirements have changed dramatically in the last five years. It also acts as a QR code reader and camera.

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PYMNTS

JUNE 6, 2019

Fortune 500 company Tech Data left a server with access to customer and billing data unsecured, and it was compromised by security researchers, according to a report by TechCrunch. Asked if it was going to tell customers about the security lapse, Tech Data didn’t respond to the news outlet about that specifically.

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PYMNTS

SEPTEMBER 20, 2019

This week, the largest funding round went to a B2B startup developing autonomous trucking technology to boost fleet efficiency, with other rounds landing at small business bookkeeping, workforce communications, and IBAN fraud mitigation startups for a combined $236 million-plus landing at B2B startups.

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PYMNTS

OCTOBER 31, 2019

However, as connected technologies offer new linking opportunities for consumers and retailers, online merchants are facing new adversaries in the fight against fraud. According to the firm’s general counsel, Nathan Garnett, the marketplace relies on both machine learning and human analysts to improve its anti-fraud responses.

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