Identity Theft and Point-of-Sale (POS)

Understanding POS Security: Protecting Your Business and Customer Data

VISTA InfoSec

MAY 12, 2024

According to the Identity Theft Resource Center’s (ITRC) 2023 Business Impact Report , 73% of small business owners in the US reported a cyber-attack within the previous year, underlining the growing popularity of small businesses as a target among malicious actors.

PCI DSS

PCI DSS Security Compromise Best Practices

Payment Stats That Will Blow Your Mind (and Change Your Strategy)

Clearly Payments

DECEMBER 19, 2024

Ensure that your point-of-sale (POS) systems and e-commerce platforms are optimized for mobile transactions. Common types include card-not-present fraud, phishing attacks, and identity theft. This trend is especially prominent in Asia-Pacific, where mobile wallets dominate over 50% of the payments market.

BNPL

BNPL Contactless Payments Processors Payments

7 Tips to Avoid Chargebacks & Payment Disputes This Holiday Season

Synapse Payment Systems

NOVEMBER 9, 2022

If a person falls victim to identity theft or fraud, chargebacks provide a simple way to dispute purchases they didn’t make and recover their money. To avoid this, you should use an automated system that processes transactions, such as a point-of-sale (POS) system.

Disputes

Disputes Card Issuer Payments Returns

Webinars

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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Fraud Risk by Industry in Payments

Clearly Payments

JULY 16, 2024

Point-of-Sale (POS) Attacks: Fraudsters target POS systems to steal card information through methods such as skimming devices or malware. POS fraud incidents rose by 27% in 2023, highlighting the growing threat to physical retail locations. In 2023, there were over 2.3

Risk

Risk Identity Theft Phishing Account Takeovers

Cybersecurity Falls Short In September

PYMNTS

OCTOBER 2, 2017

It was a team of cybersecurity researchers from the firm ERPScan, and not malicious hackers, who discovered that point-of-sale (POS) systems made by SAP had a gaping loophole. The nationwide lawsuit represents the interests of one billion users, all of whom face the risk of future identity theft thanks to the Yahoo breach.

Cybersecurity

Cybersecurity Breach Point-of-Sale (POS) Authentication

Bluefin’s PayConex Plus Payment Platform Gets EMV Certification From First Data

PYMNTS

APRIL 5, 2017

The platform features PCI-validated P2PE and EMV for both merchants and integrated point-of-sale (POS) providers, including the GoChip SDK for EMV integration as well as Ingenico RBA Terminal Support. 2016 was a record year for data breaches, with the Identity Theft Resource Center reporting 1,093 in the U.S.,”

EMV

EMV Point-of-Sale (POS) Identity Theft Data Breach

Challenges in the card payment industry—Navigating a rapidly changing landscape

The Payments Association

OCTOBER 4, 2024

Cybercriminals are constantly innovating, targeting vulnerabilities in payment systems to carry out unauthorised transactions, identity theft, and data breaches. The rise of online shopping, contactless payments, and mobile wallets has increased the number of points where fraud can occur.

Cross-Border Payments

Cross-Border Payments Online and Mobile Banking Cross-Border Alternative Payment Methods

POS Financing, Etsy And Brexit — The Week In Sizzles And Fizzles

PYMNTS

MARCH 1, 2019

Point of sale underwriting — installment loans offered to consumers at the point of purchase that let them finance their buy over time, usually three to six months — is more an example of the latter case.

Finance

Finance Identity Theft Push-to-Card Underwriting

Differences Between Card Present and Card Not Present

National Merchants Association

AUGUST 5, 2022

Point-of-sale (POS) systems with credit card readers. According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. Card readers designed for connecting with mobile devices such as smartphones and tablets.

Credit Cards

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS)

Differences Between Card Present and Card Not Present Transactions

National Merchants Association

AUGUST 5, 2022

Point-of-sale (POS) systems with credit card readers. According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. Card readers designed for connecting with mobile devices such as smartphones and tablets.

Transactions

Transactions Credit Cards Federal Trade Commission FTC

Differences Between Card Present and Card Not Present Transactions

National Merchants Association

AUGUST 5, 2022

Point-of-sale (POS) systems with credit card readers. According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. Card readers designed for connecting with mobile devices such as smartphones and tablets.

Transactions

Transactions Credit Cards Federal Trade Commission FTC

Differences Between Card Present and Card Not Present

National Merchants Association

AUGUST 5, 2022

Point-of-sale (POS) systems with credit card readers. According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. Card readers designed for connecting with mobile devices such as smartphones and tablets.

Credit Cards

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS)

U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

FICO

AUGUST 16, 2022

Often thieves will put a false front on an ATM, gas pump or point-of-sale (POS) terminal, which reads and records the information on the card’s magnetic strip. Her roles have included developing a consumer authentication solution for Experian and managing credit and identity theft management applications.

Compromise

Compromise Push-to-Card Romance Scams ATM

Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

APRIL 30, 2024

Depending on the business type, merchant processing solutions are of two types: Point-of-sale (POS) systems POS systems are a popular payment collection system, with more than 93,300 companies using them in the US alone. They consist of the hardware and software components required to process an in-person payment.

Process

Process Online and Mobile Banking PCI DSS Debit Card

Differences Between Card Present and Card Not Present

National Merchants Association

AUGUST 5, 2022

Point-of-sale (POS) systems with credit card readers. According to the Federal Trade Commission (FTC), credit card fraud is the second-most prevalent type of identity theft. Card readers designed for connecting with mobile devices such as smartphones and tablets.

Credit Cards

Credit Cards Federal Trade Commission FTC Point-of-Sale (POS)

Understanding Electronic Funds Transfer (EFT)?

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT)

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire

Understanding Electronic Funds Transfer (EFT)?

Nanonets

SEPTEMBER 28, 2023

Here are some of the most common: ACH (Automated Clearing House) Transfers Wire Transfers Credit Card/ Debit Card Transactions as EFT Mobile Payments Electronic Checks (eChecks) Point-of-Sale (POS) Payments Direct Deposits Recurring Payments EFT accounts can be checking or savings.

Electronic Funds Transfer (EFT)

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wire

Top 5 Fraud Manager Considerations During COVID-19

FICO

MAY 19, 2020

How an increased amount of point-of-sale (POS) based transactions compared with the customer’s normal could look out of pattern. 5) Top 5 Fraud Manager Considerations During COVID-19: A rise in application fraud and identity theft. The customer experience impact of declines at this time.

Account Takeovers

Account Takeovers Identity Theft Scams Financial Crimes

Payments Space

Understanding POS Security: Protecting Your Business and Customer Data

Payment Stats That Will Blow Your Mind (and Change Your Strategy)

7 Tips to Avoid Chargebacks & Payment Disputes This Holiday Season

Webinars

Fraud Risk by Industry in Payments

Cybersecurity Falls Short In September

Bluefin’s PayConex Plus Payment Platform Gets EMV Certification From First Data

Challenges in the card payment industry—Navigating a rapidly changing landscape

POS Financing, Etsy And Brexit — The Week In Sizzles And Fizzles

Differences Between Card Present and Card Not Present

Differences Between Card Present and Card Not Present Transactions

Differences Between Card Present and Card Not Present Transactions

Differences Between Card Present and Card Not Present

U.S. Card Skimming Fraud Grows 700+% in First Half of 2022

Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Differences Between Card Present and Card Not Present

Understanding Electronic Funds Transfer (EFT)?

Understanding Electronic Funds Transfer (EFT)?

Top 5 Fraud Manager Considerations During COVID-19

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