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Fighting fraud: people’s attitudes towards the use of payments data
We live in a world with a transactional data landscape. Every minute of every day, simply by going about our normal day-to-day activities, we are generating information through the payments that we make. In the UK, the amount of data created amounts to 11 billion yearly transactions and a total annual payments value of £6trn. [...]
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New EMV chip cards will lead to significant increase in CNP fraud
As the dreaded Black Friday draws nearer, iovation is predicting a significant increase in CNP fraud – fraudulent transactions where a credit card is not physically presented to a merchant... more
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New EMV chip cards will lead to significant increase in CNP fraud
As the dreaded Black Friday draws nearer, iovation is predicting a significant increase in CNP fraud – fraudulent transactions where a credit card is not physically presented to a merchant – from Black Friday to Cyber Monday when compared to past years. iovation attributes the anticipated rise in fraud to the recent shift from consumers [...]
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First FI to implement mobile behavioral biometrics for User Authentication
Bank Leumi, one of Israel’s largest banks, says that its credit card subsidiary, Leumi Card, will introduce the first-of-its-kind integration of a mobile security product based on behavioral biometrics. Based... more
The post First FI to implement mobile behavioral biometrics for User Authentication appeared first on Payments Cards & Mobile.
First FI to implement mobile behavioral biometrics for User Authentication
Bank Leumi, one of Israel’s largest banks, says that its credit card subsidiary, Leumi Card, will introduce the first-of-its-kind integration of a mobile security product based on behavioral biometrics. Based on the cutting-edge technology of Israeli startup SecuredTouch, the behavioral biometrics solution embedded in the Leumi Card app will provide an advanced layer of security [...]
The post First FI to implement mobile behavioral biometrics for User Authentication appeared first on Payments Cards & Mobile.