PYMNTS

FEBRUARY 13, 2020

“When we put these detection mechanisms in the space, we have to take a holistic view of what is going to drive security, but also reduce friction,” Xie said. “So So before we add another layer of authentication , we should ask, is this actually going to serve a purpose or solve our problem?”. The Zero-Authentication Future.

Authentication 98

Authentication Bots Identity Theft Mitigation 98

Fintech Finance

NOVEMBER 6, 2024

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

Visa 82

Visa APACS Transactions Authentication 82

BioCatch

DECEMBER 27, 2023

When banks think of transaction authentication, they look at obtaining confirmation from the customer through an alternate channel.

Payment Security 52

Payment Security Security Payee Authentication 52

Payments Source

MAY 5, 2016

Multifactor authentication is high on the list of payment security requirements, including new standards from PCI. For any company on the fence on adding stronger authentication, there's plenty of examples of what can go wrong with basic identity management.

Multifactor Authentication 72

Multifactor Authentication Authentication Payment Security Security 72

Fintech Finance

NOVEMBER 12, 2024

Mastercard has partnered with Tap Payments, one of the leading payment institutions and technology providers in the Middle East and North Africa, to introduce a global-first Click to Pay with Payment Passkey service for secure ecommerce transactions.

Visa 97

Visa Gateways Authentication Payment Gateways 97

Fintech News

NOVEMBER 5, 2024

Payment giant Mastercard is accelerating and securing online transactions in Asia Pacific by eliminating the need for one-time passwords (OTPs) with its enhanced Mastercard Payment Passkey service. This enables shoppers to complete guest checkouts without storing card details, offering enhanced security against fraud.

APACS 96

APACS Visa Security Authentication 96

Core

MARCH 19, 2024

With robust security measures, these platforms are well-equipped with automated features to flag unauthorized transactions or misappropriation of funds. The post Strengthening Payment Security: Government Fraud Detection for Compliance Managers and Auditors appeared first on Core Business Technologies.

Fraud Detection 52

Fraud Detection Government Governance Compliance 52

PYMNTS

SEPTEMBER 10, 2018

In some ways, payments authentication can come across as improvisational — every institution seems to use a different method. Fraudsters can take advantage of the fact that authentication is all over the map,” Nolte said, “especially if they manage to intercept legitimate calls.

Authentication 56

Authentication Payments On-Demand Consumer 56

PYMNTS

OCTOBER 26, 2016

“I can’t tell my mom to go get a new maiden name,” Tinsley pointed out, emphasizing that, once that piece of authentication is compromised, there’s no going back. One piece of this more holistic picture is consumer presence as a factor of authentication, using biometrics, such as fingerprint, eyeball scan, etc., Going Beyond PCI.

Payment Security 81

Payment Security Security Identity Theft Compromise 81

Stax

DECEMBER 20, 2023

The physical measures required to keep customer data protected, such as locking devices or safely stowing and securing any actual paperwork with customer data. Require employees to create strong passwords for any systems they access (this includes implementing two-factor authentication wherever possible).

Credit Cards 88

Credit Cards Small Business Process Security 88

Fintech Finance

DECEMBER 12, 2023

Entersekt , the financial authentication company, today announced it has acquired the Modirum 3-D Secure software business from Modirum, a digital payment security provider. Modirum is a leader in enabling authenticated, card-not-present payments with a history dating back 25 years.

Acquirers 59

Acquirers Payment Solutions Security Authentication 59

Fintech Finance

AUGUST 29, 2024

Enter payment passkeys. They use device-based biometric authentication methods such as fingerprints or facial scans, but for an entirely new purpose: to streamline online shopping experiences. Upon successful authentication, the payment is instantly completed. “By

Visa 101

Visa Security Authentication Payments 101

Payments Source

NOVEMBER 3, 2017

Finance organizations serious about protecting their customers need two-factor authentication, which involves the mobile phone when logging in to transfer money, writes Michael Patterson, CEO of Plixer.

Authentication 64

Authentication SWIFT Finance Cross-Border Payments 64

Finextra

DECEMBER 12, 2023

Entersekt, the financial authentication company, today announced it has acquired the Modirum 3-D Secure software business from Modirum, a digital payment security provider.

Acquirers 49

Acquirers Security Authentication Payment Security 49

Inai

NOVEMBER 24, 2023

The rapid expansion of digital transactions across diverse industries has driven an extraordinary uptick in online financial operations, necessitating the implementation of stringent payment security measures.

Security 52

Security Payment Security Authentication Transactions 52

PYMNTS

SEPTEMBER 6, 2016

That’s the backdrop for the nearly hour-long conversation that Karen Webster had about the role of payments security in digital business transformation with CA Technologies Director of Payments Security James Jenkins. Payments Security As A Digital Business Enabler. The Pace Of Business Transformation.

Payment Security 42

Payment Security Security Payments Online and Mobile Banking 42

PYMNTS

FEBRUARY 22, 2017

21) said the EBA has agreed to relax proposed rules that would require more stringent customer authentication measures for online sellers after industry players raised concerns that the rules would lead to abandoned checkouts and higher rates of declined transactions. Reports Tuesday (Feb.

Authentication 64

Authentication Rules B2B Payments 64

PYMNTS

APRIL 22, 2019

Gaming companies are taking digital authentication to the next level. Smart agents are rising to bring better customer service and fraud prevention to financial institutions (FI) and other digital players.

Authentication 43

Authentication Fraud Prevention Phishing Security 43

PYMNTS

AUGUST 14, 2019

You may have felt it earlier today – a sigh of relief originating from certain parts of the digital payments and commerce industry, a reaction to the news that the Financial Conduct Authority (FCA) has agreed to a phased implementation of the strong customer authentication (SCA) rules. SCA, slated to begin on Sept. he asked. “If

Authentication 46

Authentication Compliance Regulations Issuers 46

PYMNTS

AUGUST 1, 2016

No incessant authentication requests … all without sacrificing their security. Enter intelligent Payment Security. These intelligent solutions not only let you build a secure e-commerce strategy centered on customer value, but also a broader digital business transformation plan focused on competitive advantage.

Payment Security 40

Payment Security Security Fraud Detection Card Issuer 40

The Paypers

OCTOBER 27, 2016

(The Paypers) Alpha Payments Cloud has partnered with Haventec to offer payment security and ID authentication services built on a stronger blockchain.

Payment Security 31

Payment Security Security Payments Authentication 31

The Paypers

MARCH 7, 2018

(The Paypers) G+D Mobile Security has announced its mobile authentication solution powered by Samsung SDS Nexsign software, which helps meeting requirements regarding digital ID and online payments security.

Authentication 28

Authentication Addressing Payment Security Security 28

Fintech Finance

JUNE 7, 2024

Moneyhub , the market-leading data and payments platform, has today announced the introduction of its account verification service. Powered by Open Banking, Moneyhub Account Verification enables better payment security utilising bank level security controls (including PSD2 SCA) and biometrics.

Verification 52

Verification Accounts Payment APIs and Integration Online and Mobile Banking 52

Fintech Finance

AUGUST 12, 2024

This partnership with AFS marks an exciting step forward in digital payments for the region.” ” Samsung Pay adheres to global payment security standards and regulations, ensuring bank compliance and reducing compliance risks and potential penalties.

Digital Payments 97

Digital Payments Central Bank Contactless Payments Payments 97

Fintech Finance

JANUARY 12, 2024

By embedding Click to Pay into online payment flows, Dubai First eliminates the need for consumers to manually enter their card details, making the purchase process more intuitive, and enabling choice, control and simplicity at checkout.

Issuers 92

Issuers Visa Push-to-Card Online and Mobile Banking 92

Segpay

FEBRUARY 21, 2024

The technology’s capacity to learn from evolving threats through Machine Learning (ML) creates a dynamic defense against emerging fraud schemes, making digital transactions more secure for users and businesses. These biometric features add an extra layer of security by ensuring that only authorized users can make transactions.

AI 90

AI Innovation Fraud Detection Encryption 90

Segpay

SEPTEMBER 24, 2024

For authentication, customers are redirected to their familiar online banking portal or mobile banking app. They can then log in using their online banking credentials, such as their username and password, or through biometric authentication (fingerprint, iris, etc.). After logging in, the customer authorizes the payment.

Accounts 98

Accounts Online and Mobile Banking Payments Authentication 98

PYMNTS

NOVEMBER 10, 2020

“The combined Bluefin/PAAY solution set is as close as we can get to a silver bullet in payment security for eCommerce transactions,” Ruston Miles , co-founder and chief strategy officer at Bluefin, said in a statement on Tuesday (Nov.

Transactions 93

Transactions Security Encryption CCPA 93

PYMNTS

OCTOBER 13, 2017

To put it another way, the theme of the fairy tale applies to the transactional world in which we live — getting it all just right and in balance, a crucial concept when it comes to the consumer experience and security in card-not-present (CNP) transactions. The key is to harness those mobile trends, Rendell said, offering up the 3D Secure 2.0

Payment Security 43

Payment Security Security Online and Mobile Banking Payments 43

The Fintech Times

JUNE 8, 2024

Moneyhub , the UK-based data and payments platform, has launched its new account verification service, powered by open banking, to enable better payment security utilising bank-level security controls (including PSD2 SCA) and biometrics.

Verification 57

Verification Accounts Payment APIs and Integration Online and Mobile Banking 57

Clearly Payments

OCTOBER 22, 2024

The purpose of a PIN is to authenticate the identity of the cardholder during a transaction. In a payment scenario, the PIN helps confirm that the person using the card is authorized to do so. For merchants, this layer of security is critical. Mobile wallets using biometric authentication generally bypass the need for a PIN.

Debit Card 82

Debit Card Credit Cards Point-of-Sale (POS) Encryption 82

The Fintech Times

DECEMBER 21, 2023

Today we hear insights from payments experts, including the adoption of tap-to-pay technology, the role of blockchain and AI in payments, flexible payment terms, security in authentication methods, PSD3 implementation, vertical-specific solutions, and the rise of digital wallets.

Cross-Border Payments 113

Cross-Border Payments Cross-Border Online and Mobile Banking Payments 113

The Fintech Times

APRIL 8, 2024

SUNRATE , a Singapore-based payment and treasury management platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Now, SUNRATE customers can use an iPhone or Apple Watch at payment terminals to make contactless payments.

Credit Cards 57

Credit Cards PCI DSS Commercial Card Treasury Management 57

PYMNTS

SEPTEMBER 26, 2016

Samsung is looking to introduce biometric authentication capabilities to mobile devices, a move that could have significant implications for the enterprise world. ” This two-level authentication approach is often key for corporates using high-value payments. . Reports on Friday (Sept.

Authentication 76

Authentication Mobile Payments Security Transactions 76

Stax

MARCH 14, 2024

The EMV standard has now become a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. Yet, while time has provided customers and businesses with more education on the security benefits of EMV card chips, many businesses and consumers are still confused about key components.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

Fintech Finance

AUGUST 2, 2024

Advanced Features and Capabilities Key features include support for SWIFT, SEPA, and ISO20022 payment formats, device fingerprinting, biometric authentication, real-time monitoring, and AML screening.

Instant Payments 82

Instant Payments Transactions Payment APIs and Integration Compliance 82

PYMNTS

DECEMBER 17, 2020

These include: PSD2, a European regulation for electronic payment services, along with 3DS2, a multi-factor authentication setup used to confirm digital identity during eCommerce checkout. In a press release, the companies said that their integrated products would comply with the latest regulations.

Fraud Prevention 69

Fraud Prevention Bots Payments Authentication 69