Remove Irrevocability Remove Irrevocable Payment Remove Phishing
article thumbnail

Banks, Omnichannel And The New Commerce ‘Nirvana’

PYMNTS

Fraudsters , after all, are stepping up their phishing attacks as card-not-present transactions gain ground. For the bank, the hardware can be a “security mechanism” that is used to communicate with consumers once “trusted” status has been cemented for that device, ensuring that it is free of malware or vulnerabilities that can lure hackers.