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Fight Card-Not-Present Fraud In A Card-Not-Present World

PYMNTS

In an interview with PYMNTS, Mitch Pangretic, senior vice president of strategic partnerships at Elan , said that in-person card fraud may have decreased thanks to EMV chips and multi-factor authentication, but card-not-present (CNP) scams are increasingly gaining traction.

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JPMorgan Forecasts Record Online Holiday Shopping Season

PYMNTS

The bank also processed record-breaking online and mobile payment transactions on Cyber Monday, up nearly 25 percent over 2019. Morgan’s card-present and card-not-present processing scale can provide uniquely valuable insight into consumer spending during the peak holiday shopping season,” Smith said. . As the No. trillion, J.P.

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How Music Retailers Keep Card-Not-Present Fraud From Sounding A Sour Note

PYMNTS

Consumers who previously paid for purchases by swiping or inserting their cards at in-store point-of-sale (POS) terminals are now turning to contactless cards and online shopping to safely and easily obtain needed goods. Deep Dive: Keeping Security Present Even When Cards Are N ot. The COVID-19 pandemic is shaking up shopping behavior.

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eCommerce Fraud Presents A $12 Billion Problem

PYMNTS

With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. Conservative estimates put online sales at $630 billion this year. According to online security company Signal Sciences , eCommerce retailers deal with an average of 206,000 web attacks per month.

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Lawmaker: California's AB 3262 Will Not Proceed In Its 'Present Form'

PYMNTS

California Assemblymember Mark Stone said, per a statement cited by CNBC, that “AB 3262 will not advance in its present form by the legislative deadline,” even with “promising ideas and potential paths for moving forward.”. Many industry participants engaged with us early, while others came to the table much more recently,” Stone said.

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How Subscriptions Bridge The Online/Offline Learning Divide

PYMNTS

The pandemic has presented financial challenges for consumers and businesses alike. How Outschool Is Taking A Flexible Approach To Meeting Demand For Online Education. Certain segments of the market have surged, with millions of new subscribers for movie and TV streaming platforms, meal kits and other product boxes.

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Amazon Launches Online Pharmacy In Bengaluru, India

PYMNTS

Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. This is particularly relevant in present times as it will help customers meet their essential needs while staying safe at home.”. an Amazon spokesperson has said in published reports.

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