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authentication, Biometrics, Cyber Security, Daily News, Fraud & Security, Identity, Issuing & Acquiring, multifactor authentication, strong authentication -

A new study, 2017 State of Authentication, examines how businesses are implementing authentication, their motivations for choosing authentication technologies and approaches, and how the evolving threat environment has given rise to new, more effective means of authenticating customers and employees in today’s digital world. Digital channels are becoming the go-to places where consumers interact with businesses and [...]

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Cyber Security, Daily News, Digital commerce, E-Commerce, Fraud & Security, Identity, m-commerce, Mobile Payments, SafeKey 1.0, SafeKey 1.0 platform, SafeKey 2.0 -

American Express has announced SafeKey 2.0, the next generation of its online authentication tool built specifically to meet the needs of today’s increasingly digital commerce environment. SafeKey 2.0, which leverages the EMV 3-D Secure 2.0 industry standard, is a global solution that provides an extra layer of security when an American Express Card Member makes [...]

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Cyber Security, Daily News, E-Commerce, e-commerce fraud, Fraud & Security, Fraud Report, Identity, Issuing & Acquiring, Risk & Compliance -

The global e-commerce market continues to grow rapidly, and is predicted to be worth $2.4 trillion by 2019. As a result, the market continues to attract not merely ever-greater levels of fraud, but different and ever-more sophisticated types of fraud, too. The challenge it presents to merchants, which has always been large, is now greater [...]

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API, Blockchain, blockchain technology platform, Daily News, FinTech, Identity, Issuing & Acquiring, MasterCard, Mastercard blockchain, Remittance -

Mastercard says that it will open up access to its in house blockchain technology platform via an application programming interface (API) which will be made available to developers at banks and retailers. The company has filed for over 35 patents in blockchain and invested in Digital Currency Group, a collaborator that builds, incubates and seeds [...]

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cyber crime, Cyber Security, Daily News, data breach, data breaches, Fraud & Security, GDPR, Identity, Issuing & Acquiring -

Almost half (49%) of global financial services organisations have experienced a data breach in the past, according to the 2017 Data Threat Report. The report also reveals 21% have been breached multiple times and that 90% feel somewhat or more vulnerable to data threats. As a result, 78% are increasing spending to protect their critical [...]

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