PYMNTS

AUGUST 21, 2019

Mounting data breaches and device vulnerabilities have prompted wariness around IoT adoption. The biggest concern among IoT adopters is creating strong user authentications (43 percent). Along with the growing popularity of IoT devices, from fitness wearables to smart fridges, comes increased security and privacy issues.

Security 66

Security Data Breach Breach Encryption 66

PYMNTS

JULY 29, 2019

The Martins stated that security has been a top focus for the platform, particularly as data breaches become more common. The Martins attribute this to the app’s user authentication protocol, which requires users’ device IDs to be connected to the phone numbers registered to the app. Keeping the cup secure.

Account Takeovers 46

Account Takeovers Authentication Push-to-Card Data Breach 46

PYMNTS

NOVEMBER 6, 2019

Affirm is no stranger to digital identity methods that prevent this and employs a range of techniques to verify its users and protect its merchant partners from sacrificing profits to theft. This, however, means Affirm is responsible for any fraudulent transactions, making proper user authentication a top priority.

Fraud Prevention 40

Fraud Prevention Verification Authentication Credit Cards 40

PYMNTS

JULY 5, 2018

The problems of security, data breaches, identity verification and user authentication just keep getting bigger. Anytime they use that identity, it circles back to the authentication server to verify that the card token is genuine and that the cryptogram aligns. Network Tokens.

EMV 41

EMV Mitigation Data Breach Credit Cards 41

PYMNTS

JUNE 25, 2018

Companies can decrease or eliminate passwords for user authentication, for example, because passwords are one of the biggest ways criminals are breaking into organizations today. Consumers can take steps to better guard themselves, too, like following the rule of one account per password to protect their accounts.

Account Takeovers 46

Account Takeovers Breach Compromise Payments 46

PYMNTS

APRIL 22, 2016

As cybercriminals become increasingly sophisticated, pure reliance on user authentication is no longer enough to keep the barbarians out of the gates. It replaces the static data on a mag stripe with dynamic data on a chip, thereby making card duplication much harder and cutting down on counterfeiting and fraud at the point of sale.

EMV 40

EMV Online and Mobile Banking Fraud Detection Processors 40

EBizCharge

MAY 12, 2025

To meet evolving security standards, payment processing systems consist of numerous security methods, including encryption, tokenization, authentication, and various standard compliances. It plays a significant role in preventing data breaches and fraudulent transactions by removing legitimate payment data from transactions.

Process 52

Process Security Payment Gateways Encryption 52