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Wallet wars: How digital payments are reshaping finance

The Payments Association

As digital wallets grow in popularity, they are driving the evolution of more secure payment methods. Since digital wallets store vast amounts of sensitive financial data, regulators worldwide are strengthening requirements to enhance data privacy and security.

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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. PAAY provides strong authentication at the front door and Bluefin encrypts and tokenizes the data at the point of interaction on the web. Each $1 of fraud costs retailers $3.13. .