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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. To use this offering, cardholders enrolled a fingerprint to have securely stored on their card.

Industry 471
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Identity As A Service To The Rescue

PYMNTS

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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ChowNow: AI Helps Independent Restaurants Fight The Growing Threat of Digital Fraud

PYMNTS

Mobile ordering apps are largely responsible for keeping the industry above water, but fraud still plagues the sector. Developments From The Mobile Order-Ahead World. Social media fraud has been on the rise during the past year. For more on these and other mobile order-ahead news items, download this month’s Tracker.

Fraud 310
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What to Do When Your Banking App Stumbles Out of the Gate

Bank Innovation

BMO Harris Bank did itself a favor by being responsive to questions and criticism on social media from customers locked out of their digital accounts with the bank this past week, according to Adrenaline, an experience design company.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

Still, that seems so old-fashioned in this digital age — at least according to Andrea Chavez, Founder of Pawscout , a company whose signature product is a Bluetooth-enabled tag that not only helps pet owners find their wayward pets, but gives them access to other digital and mobile services. Social Media Aspect.

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Deep Dive: How 2020’s Fraud Trends Will Shape Security Measures Going Forward

PYMNTS

This revenue free fall could result in 100,000 restaurants nationwide closing either temporarily or permanently, with 40 percent of all restaurant operators unsure whether they can survive six months into the future. These scams consist of fraudsters placing ads for discounted food on social media and asking consumers to pay them directly.

Fraud 229
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QSRs Battle Fake Reviews With ID Tools

PYMNTS

The habit of mobile ordering food for delivery hit new heights during the lockdowns, for example, and it’s one change that isn’t going anywhere. With its new importance as a revenue stream, mobile ordering is driven in part by reviews and the exchange of customer data. Securing Social for the MOA Future.

Tools 141