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Fraud has been a problem since coins were introduced more than two thousand years ago. In today’s digital age, the problem won’t go away – indeed, it’s getting worse despite... more
The post Rule of the machines: can AI and ML really help fight fraud? appeared first on Payments Cards & Mobile.
Since the beginning of lockdown measures in late March, digital services have been the only recourse for consumers needing to prove their identity in order to access services, whether that... more
The post UK consumers confirm shift towards digital identity to be permanent appeared first on Payments Cards & Mobile.
A group of leading technology, finance and nonprofit companies have joined forces to announce the launch of PayID, a universal payment ID to simplify the process of sending and receiving... more
The post Multinational industry alliance launch PayID – universal ID for payments appeared first on Payments Cards & Mobile.
Kaspersky researchers have uncovered a new malware technique for stealing e-commerce users’ payment information from online shopping websites – a type of attack known as web skimming. By registering for... more
The post Attackers have found new malware to steal e-commerce users payment details appeared first on Payments Cards & Mobile.
The latest data to emerge on rising ATO (Account Take Over) fraud in the US should be of real concern to anyone engaged in online commerce. In its 2020 E-Commerce... more
The post New data on account takeover is concerning – industry needs to take action appeared first on Payments Cards & Mobile.