by Payment Solution Pros | Oct 15, 2018 | Cybersecurity, Fraud Prevention
The first installment in our series examined the financial and reputational consequences of data breaches and the cybercriminals that prey on the specific vulnerabilities of small businesses. This second and final installment offers a practical, proactive, and...
by Payment Solution Pros | May 30, 2017 | Card-Not-Present, Chip Card, Ecommerce, EMV, Fraud Prevention, M Commerce, Mobile Commerce
Card-not-present fraud is growing as EMV chip cards make it harder for fraudsters to use counterfeit credit and debit cards at the point of sale, but perceptions about the reasons for the increase may need some clarification, according to the U.S. Payments Forum....
by Payment Solution Pros | Jan 11, 2017 | biometrics, Card Processing, Credit Card, Cybersecurity, digital trends, Mobile Trends, news
Technology has solved so many of life’s little frustrations—from mailing your bills to waiting for a taxi. So why are we still fumbling with clunky passwords, which are easy to forget or mistype and vulnerable to theft? With biometrics, all that is changing. By using...
by Payment Solution Pros | Nov 1, 2016 | Cybersecurity, Data Security, Digital Wallets, FinTech, Mobile Wallets, smartphone
Mobile wallets check off several boxes on consumers’ payments wish list: ease, convenience and options. Yet, mobile wallets also signify new opportunities for fraudsters. As card-free commerce becomes more enticing for consumers and businesses alike, banks and mobile...
by Payment Solution Pros | Oct 19, 2016 | Cybersecurity, Data Breach, Data Security, Global Finance, Uncategorized
The Group of Seven industrial powers on Tuesday said they had agreed on guidelines for protecting the global financial sector from cyber attacks following a series of cross-border bank thefts by hackers. Policymakers have grown more worried about financial cyber...
