PYMNTS

FEBRUARY 19, 2020

Bad people love Wawa , too – mostly for its large database of consumer information. In they went, stealing details of 30 million cards before the malware was discovered in December of 2019. So very tasty. It had apparently been running undetected for 10 months. card number.

Law Enforcement 52

Law Enforcement Fraud Detection Phishing Bots 52

PYMNTS

JUNE 9, 2020

In PYMNTS’ most recent Navigating the COVID-19 Pandemic series, based on surveys of thousands of consumers and businesses over the duration, nearly 34 percent of respondents said they are “very” or “extremely” likely to consider a firm’s digital offerings when deciding where to spend their money. percent ‘less likely to be compromised.’

AML 52

AML MFA Authentication Verification 52

PYMNTS

JANUARY 16, 2019

Human wrists deserve a break when it comes to payments, commerce and even authentication, right? To put it another way: Is there a better way to do wearables, to appeal to consumers who, for various reasons, might not like wearing web-connected devices on that part of their bodies? It’s a reasonable concern. Rings As Wearables.

Authentication 52

Authentication Consumer Use Case Consumer Authentication 52

PYMNTS

NOVEMBER 30, 2017

Among them are the Regulatory Technical Standards (RTS) on Strong Consumer Authentication (SCA) and Common and Secure Communication (CSC), which will not see an implementation date until the first half of 2019 at the earliest. However, there is initially likely to be an imperfect fit,” Deutsche Bank said.

Regulations 43

Regulations Rules Compliance Consulting 43

PYMNTS

AUGUST 7, 2019

At this point in 2019, we’ve all dealt with some flavor of two-factor authentication that uses SMS one-time passcodes. It’s a mild piece of friction, but it’s not terribly onerous and is doing something useful: keeping consumers safe. Unless, of course, it isn’t. In a word, Prideaux noted, the problem is fragmentation. “If

Authentication 44

Authentication Consumer Authentication Consumer Ubiquitous 44

PYMNTS

FEBRUARY 12, 2019

However, since consumers’ faces already appear on government-issued IDs, and since they are not only used to showing their faces, but possess smartphone cameras that can easily handle facial recognition tasks (such liveliness detection), the biometric, in his view, is a natural candidate for that job. Face Familiarity. Tipping Points.

Verification 57

Verification Authentication Consumer Authentication Digital Payments 57

PYMNTS

JULY 18, 2018

But these warnings are talking on more heft, given that PSD2 came into effect in Europe earlier this year, with a September 2019 deadline looming for payment service providers being able to adhere to regulatory technical standards regarding security and functionality. Call Center Threat.

Fraud Prevention 41

Fraud Prevention Account Takeovers Online and Mobile Banking On-Demand 41

FICO

MAY 3, 2023

In the 2023 FICO Global Scams Survey , we asked consumers worldwide what they think banks could do better to combat scams and create a better customer experience for victims. In India and the Philippines , 70% or more of consumers would like to receive such warnings. This sentiment varies widely by region.

Scams 10

Scams RTP Fraud Detection Real Time Payments 10