Remove Encryption Remove Fraud Detection Remove Transaction Limits
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Fraudsters Turn to WhatsApp: Revolut Reveals UK Consumers Lose £2,437 From WhatsApp Scams

The Fintech Times

WhatsApp prides itself on the security of its encrypted messages, however, according to new research from Revolut, the global fintech with 11 million UK customers and 50 million globally, UK consumers are losing an average of 2,437 from scams originating on the communications platform. Encryption does not equate to immunity from scams.

Scams 59
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DECTA: Improving Payment Acceptance Rates for Urbo Bank and Through New EMV 3DS Certification

The Fintech Times

Smarter insights: Firms can gain access to detailed transaction data, recurring payment information, and token data for efficient fraud detection and accurate processing. Biometric authentication: Advanced methods like WebAuthn and SPC reduce fraud risks while offering a modern, secure experience.

EMV 59
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EBizCharge Supports High-Volume Credit Card Processing Services

EBizCharge

Key features of high-volume merchant accounts include: High transaction capacity: These accounts handle large daily transaction volumes without delays or system overloads, ensuring uninterrupted payment flows during peak sales periods, which is critical for businesses with heavy customer traffic.

Volume 52
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Understanding Risk Management Strategies as a PayFac

Stax

Identity theft, data breaches, and chargeback fraud are some of the most common types of risks. This is why you need robust fraud detection mechanisms and ensure that they are up-to-date. Some of these mechanisms include advanced machine learning algorithms, real-time transaction monitoring, and multi-factor authentication.

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Best Online Gaming Payment Gateway: Secure Payment Solutions for Gamers

Segpay

A payment gateway for online gaming plays a critical role in ensuring fast, secure, and seamless transactions. Here’s how it works: Encryption & Secure Transmission: The payment gateway encrypts the player’s payment details and securely transmits them to the payment processor.

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What is a Payment Gateway?

Payment Savvy

They encrypt card information, as well as authorize or decline a transaction. . Such tools transfer sensitive information from the merchant to the acquirer and the issuing bank with the help of solid encryption to protect such crucial data from online fraud. Efficient Fraud Detection.

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The top 15 best expense management software in 2023

Nanonets

Complex approval workflows, duplicate alerts and fraud detection Payment and reconciliation that works like magic. Nanonets reads transaction information from any source, updates the invoice, and posts to your ERP. It employs industry-standard encryption and secure storage practices to protect sensitive financial information.