payment fraud RSS
Remote and contactless payments popularity with consumers grew during the pandemic, which is prompting the need for a robust digital identity infrastructure in the Payments 4.X era.1 In the connected... read more
The post Digital ID infrastructure is key as payments become transparent appeared first on Payments Cards & Mobile.
As the pandemic drove consumers online en masse to make purchases, consumer anxiety around fraud saw a considerable spike. For the 2021 Fraud Report, Marqeta surveyed 2,000 consumers across the... read more
The post Payment fraud fears grow – 65% of consumers more concerned about fraud appeared first on Payments Cards & Mobile.
A UK cybersecurity startup, swIDch, has announced an alternative technology to overcome the limitations of numberless cards by using dynamic PANs (primary account number), thereby creating a new security environment in... more
The post Why numberless cards are not enough to tackle payment fraud appeared first on Payments Cards & Mobile.
A new study has found that merchant losses to e-commerce payment fraud will exceed $25 billion in 2024, from just of $17 billion in 2020, despite the ongoing implementation of... more
The post E-commerce payment fraud to exceed $25 billion annually appeared first on Payments Cards & Mobile.
Payment fraud prevention is an increasingly complicated and constantly evolving business. Issuers and merchants everywhere are being challenged by a growing variety of payment methods, which are fuelling the rise... more