Remove 2011 Remove Authentication Remove EMV
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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web. New York-headquartered PAAY, a consumer authentication innovator co-founded in 2011 by James Ruffer and Yitz Mendlowitz, has a new security solution that aims to obliterate hacking and fraud threats.

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Tap to Pay: What It Is and How It Works

Stax

EMV chip card technology had a good two decades or so, beginning in the mid-’90s. Almost ten years later, the US tried the technology, and it was four years after that when all EMV cards became NFC-equipped. Google was the first, in 2011, to enable contactless payments via their mobile app.

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Top News In Payments: Instant Payments Spread In The Gig Economy; Contactless Cuts Down On Counterfeit Fraud

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Authorities recently announced an 18-month delay in the implementation of strong customer authentication (SCA), which was scheduled to go into effect on Sept. The company said in a post ,“Chip cards are increasingly becoming the norm as usage and acceptance has continued to grow since the EMV standard was first introduced in 2011.”.

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Why Regulation Won’t Fix Credit Reporting Agencies

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has strongly hinted that the agency she birthed in 2008 and opened for business in 2011 — the Consumer Financial Protection Bureau (CFPB) — should be given the authority to do even more. It’s probably fair to say that the Equifax hack is to consumer authentication what Target was to EMV at the physical point of sale: a catalyst for change.

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It’s Getting Real On The Retail Revolution Frontline

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To adapt, let alone thrive, businesses with store locations must embrace EMV, the latest in payments security and authentication, especially considering the retailers themselves have taken on more responsibility for fraud after 2015’s liability shift. And for those kinds of businesses, EMV is a crucial tool.

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Pindrop’s Solutions Fight Call Center And Voice Fraud

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“Much of the time, fraud involves a voice transaction — with a credit card issuer, a retailer or somewhere else along the chain,” Dewey said, noting that it’s often much easier to for fraudsters to find or even guess the answers to knowledge-based authentication questions than to guess a password. While the roll-out of EMV in the U.S.

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Visa’s Long-Term View On Klarna

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In 2011, Visa invested in Square and in 2015, Stripe. Speaking specifically of Europe, broader trends shaping up for payments in that region of course tie in with PSD2, which promotes open banking and mandates new authentication and data sharing practices. grapples with EMV and other initiatives.