PYMNTS

JANUARY 7, 2019

Biometrics promise to take a larger role in authentication security in 2019, helping to stop online fraud and bringing speed, efficiency and security to transactions ranging from QSR mobile-order ahead to airport car rentals. Illinois’ Role. for use of biometric data. Larger Trends.

Consumer

PYMNTS

FEBRUARY 19, 2020

The Wawa data heist is one of several in a year marked by aggressive cybercrime and equally vigorous countermeasures by corporations and law enforcement. Stolen Wawa data then appeared for sale on the hacker site known as Joker’s Stash for as little as $17 per U.S. card number.

Law Enforcement

PYMNTS

JANUARY 6, 2020

With the General Data Protection Regulation (GDPR) and the revised Payments Services Directive (PSD2) humming along in Europe, open banking is overtaking the financial world just as consumer data law gets muscular. Turkey is a prime example, being a major proving ground for the region’s FinTechs and open banking hopefuls.

Online and Mobile Banking

PYMNTS

OCTOBER 14, 2019

Working consumer access into the already-fraught field of AML protection creates problems, too, as banks need to be sure they are accurately authenticating the customers in question before sharing data with potential fraudsters. How money laundering, AML will change.

AML

PYMNTS

APRIL 22, 2020

By law, [payments] like these are set up around a checks and balances system so that the IRS authorizes the payments and the Bureau of Fiscal Service distributes them. But while that might have made sense — since they’ve already integrated the technology that would have supported instant disbursements — that’s not what happened.

Bureau of the Fiscal Service

PYMNTS

SEPTEMBER 18, 2019

Ufford pointed to Germany, which has strong KYC laws in place. To be sure, not all countries should be painted with the same brush when it comes to collecting and presenting business-level data. Also, this time around, the investments will not be so labor-intensive as they were in the 1970s, as the card networks pushed into new frontiers.

Verification

PYMNTS

MARCH 14, 2019

14, bringing requirements related to strong consumer authentication and other tasks designed to establish a secure, Open Banking environment. There is strong evidence that many players in the digital space — to say nothing of consumers themselves — remain confused by PSD2. However, that’s only the foreshadowing.

Online and Mobile Banking