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NRF Talks PIN-less EMV And POS Fraud

PYMNTS

Credit card payments are increasingly enabled via EMV chips rather than magnetic stripes, but these methods frequently suffer from a lack of diligent digital identity verification. EMV Cards Face Crucial Verification Security Gaps. EMV cards are becoming increasingly commonplace in the U.S.

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You Haven’t Been Yourself Lately: Digital Identity Trends 2020

PYMNTS

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. The trade group wants unified card security standards in the U.S., EMV cards and other anti-fraud measures have had a major impact on fraud behavior.

EMV 54
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Are gaming companies missing the opportunity to monetize instant payouts?

Tearsheet

48% do not want to share their payment credentials at all and 34% are skeptical about the security of their payment and personal information. 48% do not want to share their payment credentials at all and 34% are skeptical about the security of their payment and personal information.

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Can Elon Musk Turn The Human Brain Into A Connected Device?

PYMNTS

The big-picture project, as explained by Musk last week, is the ability to implant tiny Bluetooth-enabled chips into the human brain (up to 10 at a time) connected to 1,000 wires measuring one-tenth the width of a human hair. The chip(s) connect by Bluetooth to a small computer worn over the human ear, where it transmits its data.

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Deep Dive: Why Contactless Card-Not-Present Transactions Are Gaining New Momentum

PYMNTS

Customers are also looking for options like digital and card-not-present (CNP) transactions that allow them to make eCommerce purchases as smoothly and seamlessly as possible. . These safety and convenience considerations are pushing more consumers to use — and more merchants to enable — contactless and CNP payments. percent of U.S.

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Visa Uses NYC Mass Transit To Ignite Contactless Payments

PYMNTS

That means riders can use any Visa credential – whether it’s a Visa contactless card , mobile device or wearable – to pay for rides (along with other retail purchases, of course). In reality, and for the time being, this effort is about contactless cards more than other payment forms, but the impact could still be significant.

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Top 5 Fraud Posts for 2022: Scams, Contactless and Money Mules

FICO

In a year that saw the word "scamdemic" coined, scams such as authorised push payment fraud were top of mind, along with various other fraud schemes. This is not only the case for application fraud — where automation is used to create and submit hundreds if not thousands of applications — but also for card fraud. FICO Admin.

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