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Visa and Mastercard, are are sensing an opportunity and hoping to see a seismic switch to digital transactions after years of waiting post India’s sudden withdrawal of its most widely... more

The post Visa and MasterCard set to gain from Indian currency ban appeared first on Payments Cards & Mobile.

Visa and Mastercard, are are sensing an opportunity and hoping to see a seismic switch to digital transactions after years of waiting post India’s sudden withdrawal of its most widely used cash denominations. Bloomberg reports that the two companies had already been in discussions with the Indian government on ways to shift the economy away [...]

The post Visa and MasterCard set to gain from Indian currency ban appeared first on Payments Cards & Mobile.

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

The post New EMV chip cards will lead to significant increase in CNP fraud appeared first on Payments Cards & Mobile.

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 [...]

The post New EMV chip cards will lead to significant increase in CNP fraud appeared first on Payments Cards & Mobile.

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.