A crisis is emerging in e-commerce. From week to week, new studies are published showing fraud attempts in e-commerce – and successful frauds – are rocketing. Meanwhile, governments in the... read more
The post Presence-assured face biometrics can stop the current fraud spiral. Here’s how appeared first on Payments Cards & Mobile.
As digital commerce becomes a mainstay of everyday life, better automation in monitoring transactions for fraud is a necessity. Despite the best efforts of our industry, payments fraud continues to... read more
The post Current fraud defences aren’t working. Fraud engines need supercharging! appeared first on Payments Cards & Mobile.
The enforcement deadline for Strong Customer Authentication (SCA) has passed for most European countries and the latest data from the CMSPI Failure Rate Tracker for August 2021 suggests a European... read more
The post SCA: EU failure average of 26% leads to e-commerce losses of €82 billion appeared first on Payments Cards & Mobile.
The US is beating the UK in the rollout of the 3D Secure 2 (3DS2) multi-factor authentication protocol, new data from Ravelin shows. 68% of transactions in the US now... read more
The post US leads UK in 3DS2 use for payment authentication appeared first on Payments Cards & Mobile.
Ravelin has released an update to its Global Payment Regulation & Authentication Report, with analysis of billions of transactions during Q1 2020. In the run up to the original PSD2... more