Articles with tag: online transactions

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How the pandemic will feed an account takeover explosion

Voice of the Industry | Digital Identity, Security & Online Fraud | 22 Jan 2021

Al Pascual, Breach Clarity has explained why he believes that 'until strong authentication becomes more the norm than the exception, fraudsters armed with compromised credentials will only drive ATO higher among ecommerce merchants'

Al Pascual, Breach Clarity, account takeover, pandemic, COVID-19, coronavirus, card data, merchants, online transactions, ecommerce fraud, authentication, login credentials, risks

Silkbank, Visa team up to reduce fraud and false declines

News | Digital Identity, Security & Online Fraud | 14 Jan 2021

Silkbank has partnered with Visa to utilise their ‘Visa Consumer Authentication Service’ (VCAS), which provides the bank risk-based authentication to reduce fraud and false declines through an improved online authentication service.

Silkbank, partnership, Visa, fraud, false declines, COVID-19, coronavirus, pandemic online transactions, security, authentication

The importance of delivering secure SCA in mobile apps and browsers – interview with Nok Nok

Interviews | Digital Identity, Security & Online Fraud | 10 Dec 2020

Walter Beisheim, Chief Business Development Officer for Nok Nok Labs, discusses the importance to deliver consistent and secure SCA in both mobile apps and browsers

Walter Beisheim, Nok Nok, SCA, authentication, KYC, risk scoring, 3DS, IDs, regulations, PSD2, fraud, FIDO, PSPs, merchants, banks, online transactions, security

Paytm, SBI Card team up to launch co-branded credit cards

News | Cards | 05 Nov 2020

India-based fintech Paytm has teamed up with payments solution provider SBI Card to launch co-branded credit cards.

Paytm, SBI Card, India, Asia, product launch, credit cards, one-touch services, online transactions, contactless payments, international transactions, fraud prevention, early access

dLocal doubles African footprint, adds four new countries, partners with Verve and Fawry

News | Online Payments | 28 Oct 2020

dLocal has expanded its payments network to include Kenya, Senegal, Ghana, and Cameroon, while adding new integration partners in Nigeria and Egypt.

dLocal, integration partners, Visa, Mastercard, merchants, mPesa, Airtel, Wizall Money, mobile money, mobile payments, local payments, local currency, Verve, Fawry, cards, tokens, ecommerce, online transactions

Viva Wallet offers Google Pay in 11 countries

News | Mobile Payments | 27 Oct 2020

Viva Wallet has brought Google Pay to its offering, enabling customers to pay in a safer, contactless way through their phones and wearables.

Viva Wallet, Google Pay, contactless payments, mobile payments, Mastercard, Apple Pay, online transactions, in-app transactions

Responding to the pandemic: future trends in global payments

Voice of the Industry | Ecommerce | 28 Sep 2020

Wei Zhihong of UnionPay International takes a close look at the ecommerce trends that emerged during the COVID-19 pandemic and how will the industry look like from now on.

Wei Zhihong, UnionPay International, Payment Methods Report, ecommerce, online payments, ecommerce payments, lockdown, online transactions, on-demand delivery, pandemic, ecommerce platform, electronic payments

Logitravel, Destinia start accepting UnionPay

News | Online Payments | 23 Sep 2020

UnionPay International has announced that travel companies Logitravel and Destinia have started accepting UnionPay.

UnionPay, Logitravel, travel, OTAs, online transactions

Plaid Exchange enhances its features for online transactions

News | Online Payments | 04 Sep 2020

US-based financial services company Plaid has announced enhancing its Plaid Exchange platform, with instant account activity.

Plaid, open finance, US, Plaid Exchange paltform, instant account activity, online transactions, online payments, financial information, hourly rate

Santander Chile rolls out digital debit card

News | Cards | 27 Aug 2020

Banco Santander has launched a new digital debit card, available to clients with a debit card linked to their current account, Cuenta Life, simple debit account, or electronic checkbook.

Santander Chile, digital debit card, debit card, current account, Cuenta Life, debit account, electronic checkbook, shop and pay, mobile app, credit card, online payments, online transactions, physical debit card, web portal, Banco Santander, Santander app, ecommerce, Chile, online commerce

Marqeta adds 3DS to its platform, providing customisable authentication

News | Digital Identity, Security & Online Fraud | 19 Aug 2020

Marqeta has released its new 3DS solution, Marqeta 3D Secure, which will help card issuers meet regulatory requirements under the PSD2.

Marqeta, 3DS, Marqeta 3D Secure, card issuers, regulatory requirements, PSD2, cardholders, cardholder authentication, online fraud, Visa 2.2. Standards, CNP, Visa, Mastercard, SCA, online transactions, COVID-19, identity management, fraud protection

AusPayNet research shows sharp decline in card fraud in 2019

News | Digital Identity, Security & Online Fraud | 14 Aug 2020

Australian Payments Network (AusPayNet) has revealed a 19.5% decline in card fraud in 2019, the biggest decline since fraud data was first published.

Australian Payments Network, AusPayNet, decline in card fraud, card fraud, cards, card-not-present, CNP fraud, online transactions, CNP Fraud Mitigation Framework, card details, counterfeit, skimming fraud, payment scams, payments fraud

Trulioo recommends payment apps to improve security against COVID-19 fraud

News | Digital Identity, Security & Online Fraud | 24 Jul 2020

Trulioo has released an Anti-Money Laundering and Know Your Customer (KYC) report that tracks fraudulent activity during the pandemic.

Trulioo, Anti-Money Laundering, AML, Know Your Customer, KYC, report, fraudulent activity, COVID-19, cybercriminals, payment apps, online transactions, biometrics, account takeover, Westpac Banking Corporation, customer onboarding

EE rolls out ID checker to fight online fraud

News | Digital Identity, Security & Online Fraud | 17 Jul 2020

UK-based network operator EE has launched a new Digital Identity platform to protect customers from fraud.

UK, EE, Digital Identity platform, fraud prevention, identity theft, SIM swap fraud, account takeover, SIM Swap, Know Your Customer, KYC, online transactions, unauthorised financial fraud

Flipkart reveals new payment method to reduce order returns and cancellations

News | Online Payments | 17 Jul 2020

Flipkart has launched a new payment method that lets customers pay some amount for a product and the balance on delivery, aiming to reduce returns and cancellations.

Flipkart, payments, order returns, online transactions, ecommerce, GMV

Ipsidy upgrades its facial recognition products with web browser app support

News | Digital Identity, Security & Online Fraud | 14 Jul 2020

Ipsidy has upgraded its biometric facial recognition products Proof and Verified with standard web browser app support for mobile and desktop users to prevent identity fraud.

Ipsidy, biometrics, facial recognition, identity, authentication, online transactions, liveness detection, onboarding, spoofing

Secure Technology Alliance reveals defense method against CNP fraud

News | Digital Identity, Security & Online Fraud | 09 Jul 2020

The Secure Technology Alliance has released a white paper, which shows that cards with dynamic security code features might prevent card-not-present (CNP) fraud.

Secure Technology Alliance, card-not-present, CNP, fraud, EMV, US, static card security codes, dynamic security codes, issuers, merchants, cardholders, online transactions, stolen card data, ABCorp, Ellipse, IDEMIA, Infineon Technologies, MULTOS International, Thales, Visa, Worldpay.

FSS Technologies signs Emrys La Carte for issuance processing service

News | Cards | 23 Jun 2020

Global digital payments company FSS Technologies has partnered with France-based neo-bank Emrys La Carte to provide a hosted card issuance service. 

FSS Technologies, Emrys La Carte, hosted card issuance service, cards, FSSNeT, FSS’, data security, regulatory compliance, digital payments, commerce, payment acceptance, in-store, online transactions, settlement, risk management, card programme, virtual card, prepaid card, rewards wallet, digital wallet, loyalty wallet, FSS Card Management platform, IBAN account issuance

Western Union makes takeover offer for MoneyGram, Bloomberg claims

News | Online Payments | 04 Jun 2020

Bloomberg.com has reported that Western Union has made a bid to buy Moneygram International, which would result in combining the two US-based remittance companies.

Western Union, Moneygram, remittances, remittance, online payments, online transactions, mergers and acquisitions, acquisition, United States, US, North America

Comscore finds increased global use of mobile payments in digital commerce

News | Ecommerce | 04 Jun 2020

US-based media measurement and analytics company Comscore has revealed that mobile commerce is gaining an increasing share of digital commerce in its latest study.

Comscore, Global Mobile Payments Outlook, Global Digital Payments Tracker, mobile commerce, ecommerce, online payments, world, Asia-pacific, North America, online transactions