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Trulioo On Tweaking The Odds In Favor Of Online Sports Betting

PYMNTS

For payments and commerce , there’s another uncertainty that hangs in the air: Will legal online sports betting keep going forward, despite a recent decision by the U.S. In the meantime, what should businesses that want to operate in that new world do besides sit around and wait? More about that in just a bit, though. Proactive Steps.

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Payments Company Owner Gets Jail Time For Debit Fraud

PYMNTS

Gareth David Long, a 41-year-old Las Vegas resident, was sentenced to 70 months in prison for fraud for stealing money from victims’ accounts, the Department of Justice said in a press release.

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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud

PYMNTS

Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones.

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Justice Department Announces Three Dozen Indictments In $530M Cyber ID Crime Spree

PYMNTS

Separately, CBS MarketWatch reported that those indicted were tied to a group called the Infraud Organization, which operated with the slogan “In Fraud We Trust. ”. In similar news published by ZDNet.com , the group has been charged with nine counts ranging from conspiracy to racketeer to computer crimes.

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Tech, Global Network Of Merchants Can Combat Ecommerce Fraud

PYMNTS

“When was the last time you opened an account or bought something online without an email address? We compare the email address to a digital passport, because it’s the true global identifier used by merchants, cloud services and even operating systems.”. Research by Aite predicts that by 2020 card-not-present (CNP) fraud will reach $7.2

Fraud 101
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Kicking off Think 2018 with intelligent automation in banking

Insights on Business

To a maximum capacity audience and kicking off an exciting week of IBM Think 2018 in Las Vegas, IBM VP Saket Sinha led the “Intelligent Automation in Financial Services” breakout session. Many operations within financial services could be improved with machine learning. Intelligent automation’s ascent in financial services.

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Real-Time Payments, Venmo And SCA Delay Top Week’s News

PYMNTS

That’s the talk track now from the Fed , which a week ago today announced its plans to build and operate a new set of real-time rails, using accelerated access to employer paychecks as its launch use case. For these transactions to run smoothly, however, communication must remain seamless and secure. Karen Webster digs into the topic.

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