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AI, Artificial Intelligence (AI), Cyber Security, Daily news, Fraud & Security, fraud prevention, Issuing & Acquiring, payment fraud, PSD2, Strong Customer Authentication, Strong Customer Authentication (SCA) -

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

The post Fighting fraud in the 2020s appeared first on Payments Cards & Mobile.

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contactless e-commerce, Daily news, E-Commerce, E-Money, FinTech, Fraud & Security, iAxept, Mobile payments, SCA, Strong Customer Authentication -

E-commerce sales always explode at Christmas. This year, analysts predict the highest volumes ever for online shopping – and online fraud. Though the EU created SCA to combat online fraud,... more

The post Have yourself a Merry SCA-Mas…? appeared first on Payments Cards & Mobile.

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API, Daily news, FinTech, Mobile Banking, Open Banking, Payment Services Directive (PSD2), PSD2, Strong Customer Authentication, Third party providers (TPPs) -

Around the world, banks are opening up their customers’ financial data (with the customers’ consent) to third parties through application programming interfaces (APIs). The global trend of Open Banking allows... more

The post Open Banking: Consumer appetite for new banking services appeared first on Payments Cards & Mobile.

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API, Daily news, E-Money, FinTech, Identity, Open Banking, PSD2, Regulation, Strong Customer Authentication -

Last month, the European Banking Authority (EBA) announced an 18-month delay to the implementation of Strong Customer Authentication (SCA). However, the delay to PSD2 – which follows UK FCA’s own... more

The post 97% of merchants are already looking to leverage PSD2 appeared first on Payments Cards & Mobile.

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API, Contracts, Daily news, Mobile Remittance, Open Banking, Open Banking API, PSD2, Remittance, SCA, Strong Customer Authentication -

Western Union has deployed full Open Banking application programming interface (API) access to its supporting front-end domestic and international payment applications through its Western Union Business Solutions unit. This new... more

The post Western Union delivers Open Banking API for global payments appeared first on Payments Cards & Mobile.

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