Stax

NOVEMBER 6, 2023

Thanks to these modern payment solutions, credit card, and debit card users can now complete their purchases without swiping or inserting their cards at the point of sale (POS) terminals. Instead, they can tap their mobile devices against supporting POS terminals to process their payments securely and efficiently by way of a digital wallet.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Payments 88

PYMNTS

OCTOBER 19, 2018

3DS is a messaging protocol that allows consumers to authenticate themselves with their card issuer when making card-not-present eCommerce purchases. Its features promote more secure and consistent online transactions across channels and connected devices, while optimizing the cardholder’s experience.

EMV 70

EMV Security Card Issuer Issuers 70

FICO

JUNE 8, 2017

First-party fraud is one of the most prevalent, growing and insidious forms of fraud in a mature EMV (chip issuance) market. Of course, there are other elements of the security landscape that help ensure contactless is not an open exposure. Where the Consumer is the Criminal.

Contactless Payments 58

Contactless Payments Risk CHIPS Payments 58

PYMNTS

FEBRUARY 3, 2020

Online sales do not rely on PINs or chip technology to secure debit transactions, and they often ask users to input security codes to complete their purchases. Even sites that employ additional authentication measures — such as sending text messages or emails to verify customers’ identities — can be subject to data breaches. .

Debit Card 52

Debit Card Assessments Data Breach Online and Mobile Banking 52

PYMNTS

APRIL 30, 2019

Writ large, said Eleveld, the payments industry will likely see card-not-present fraud shift from Europe to more distant shores, where less strict authentication processes are in order. We might see a repeat of what happened when chip and PIN debuted in Canada and Europe, where fraudsters moved to easier channels, such as online.

Authentication 68

Authentication Authorization Transactions Assessments 68

PYMNTS

NOVEMBER 1, 2017

The updated 3D Secure 2.0 protocol and the European Union’s second Payment Services Directive (PSD2) have delivered a one-two punch for issuers and merchants in order to comply with these new regulatory requirements and network authentication processes. 3D Secure 2.0 The arrival of 3D Secure 2.0 Data Trove.

Security 43

Security Enrollments Authentication Issuers 43

PYMNTS

JANUARY 20, 2017

“It’s a slow-moving tide,” he noted, adding that as the industry continues to move forward, there will be a coexistence between magstripe and other payment methods. But even with the introduction of EMV chip–enabled cards, magstripe still brings about its own set of fraud risks. Humans Are The Weakest Link. Humans make mistakes.

Credit Union 44

Credit Union Fraud Prevention Authentication CHIPS 44

PYMNTS

OCTOBER 25, 2016

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. Meanwhile, Gemalto was recently picked to design a mobile payment security system for MarketPay’s new banking card.

EMV 80

EMV Online and Mobile Banking Credential Chip Cards 80

PYMNTS

SEPTEMBER 8, 2017

Payment security : We all want payments security, but how far will we go to get it? When it comes to PCI compliance, efforts need to get up to snuff across lines of defense that range from firewalls to user authentication. ICO may stand, to investors’ chagrin, for “ I C ould’ve gotten O ut.”. Finger pointing?

Compliance 46

Compliance Scams User Authentication Payment Security 46

PYMNTS

JUNE 3, 2016

To adapt, let alone thrive, businesses with store locations must embrace EMV, the latest in payments security and authentication, especially considering the retailers themselves have taken on more responsibility for fraud after 2015’s liability shift. The challenge for the last year has just been educating our customer base.

EMV 40

EMV CHIPS Security Point-of-Sale (POS) 40

EBizCharge

APRIL 25, 2024

Card readers or terminals are necessary to accept physical debit and credit cards, including chip-enabled and contactless payments. With the right payment technology and hardware, businesses can effectively manage transactions, enhance customer service, and uphold data security standards.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Credit Cards Contactless Payments 52

PYMNTS

SEPTEMBER 30, 2016

Nationwide, there are roughly 2 million chip-enabled businesses, and 1.3 Additionally, according to newly released data from Cayan, consumers are getting increasingly used to using EMV in their day-to-day lives — 42 percent of consumers use chip cards three or more times per week while shopping. EMV is not only for the big guys.

EMV 82

EMV CHIPS Chip Cards Push-to-Card 82

PYMNTS

MARCH 10, 2016

The tech giants in the P2P payments space are about to get competition from six top U.S. Early Warning , a real-time payments, authentication and risk mitigation solutions provider, announced Wednesday (March 9) that Bank of America is now live in processing real-time P2P transactions through Early Warning’s clearXchange network.

Online and Mobile Banking 41

Online and Mobile Banking EMV P2P Mobile Deposit 41