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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web. New York-headquartered PAAY, a consumer authentication innovator co-founded in 2011 by James Ruffer and Yitz Mendlowitz, has a new security solution that aims to obliterate hacking and fraud threats.

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TCH’s Waterhouse: Real-Time Payments’ 2021 Focus Is On Smarter, Safer

PYMNTS

He said increased sharing of account information through third-party apps supports consumers’ desires, but it is not without its risks. This provides consumers increased transparency and control over their payments, eliminating unintended overdrafts, and reducing fraud.

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Is No-Factor Authentication Digital Security’s Future?

PYMNTS

What is necessary, said Xie, is a different, more holistic paradigm for fighting fraud – with a broad goal of not adding more authentication steps, but fewer. Because, Xie noted, the state of cybersecurity in 2020 seems to demand this more holistic approach. The Zero-Authentication Future.

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Why Regulation Won’t Fix Credit Reporting Agencies

PYMNTS

Nowhere is this outrage more deafening than the halls of Congress , where member after member now demands that executive heads at Equifax be placed on chopping blocks and massive regulatory changes across the credit reporting industry be made. Here’s a funny example that sets up an exchange between two business executives on an airplane.

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As PSD2 Gets Off the Ground, Fraudsters Gear Up

PYMNTS

PSD2 is bringing higher transaction volume for banks, and more demand from consumers for mobile payments and quicker transactions. Criminals are always on the hunt for new opportunity. How exactly fraud attacks and fraud prevention will change in the post-PSD2 world remains unclear, but change is certain, according to observers.

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FICO World 2023: Four Enterprise Fraud Management Takeaways

FICO

From Australia to the UK to the USA, consumers and financial institutions are facing a scourge of authorized push payment (APP) and authorized user fraud. There is also growing impact to traditional card portfolios, not just demand deposit accounts (DDA) and real-time payments channels. Let’s dig in a little deeper. Debbie holds a B.A.

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Why ZenKey Authentication Is A Good Idea – With A Big Design Flaw

PYMNTS

Five years ago, a merchant might have been able to rely on consumers being patient with a digital commerce experience that was less than perfectly smooth. The technology was still emerging and was still something of a work in progress. Today, that door is pretty much closed. There is a large addressable market, Prideaux noted.