Finextra

JULY 7, 2025

Visa (2024) AI Application: Fraud detection and transaction scoring Experience Impacted: CX - Banking Customer Experience AI Scam Disruption and Payment Security: Visa has scaled up its AI-driven security systems to protect the payments’ ecosystem.

AI

The Payments Association

FEBRUARY 3, 2025

As a proud scale-up member of The Payments Association, avoided.io is committed to helping businesses of all sizes reduce chargeback occurrences, streamline dispute resolution, and improve overall payment security. Lets dive into the key features and services avoided.io has to offer. What Is Avoided.io? Avoided.io

Fraud Prevention

Stax

DECEMBER 9, 2024

Implement Clear Refund Policies Clearly state your refund and return policies on your website or at your physical store. During this investigation, the issuer may temporarily provide the cardholder with a provisional credit, returning the disputed funds to their account. Make sure they are easy to understand and prominently displayed.

Credit Cards

Stax

JANUARY 21, 2025

You can easily monitor things like restocking, returns, and sales with the right POS technology. PCI compliance Payment security is a must-have feature. All POS systems should comply with all data security standards set by the PCI (Payment Card Industry).

Point-of-Sale (POS)

The Fintech Times

JULY 17, 2025

The fintech, known for offering daily returns of up to three per cent per annum on balances, will now display merchant names, logos and categories via Snowdrop’s MRS API. The move strengthens payment security at fuel dispensers and in-store terminals, helping merchants reduce PCI compliance scope and mitigate risk.

FinTech

PYMNTS

SEPTEMBER 18, 2017

As such, he stated, their opinion of brick-and-mortar transactions and attendant security remains skewed. We do have short memories,” said Kling, and the hunger always returns to conduct commerce – so all is eventually forgiven. As for blaming the retailer for any number of breaches? “We

Security

Fintech Finance

JANUARY 12, 2024

The solution is embedded directly within checkout, so all Dubai First cards can be managed in a single, secure profile. This makes it faster and easier for cardholders to check out using intelligent recognition, where returning users are automatically identified through their device or email.

Issuers

PYMNTS

MARCH 17, 2017

Another challenging area that any CIO has is managing the budget and ensuring that anything spent in the IT area provides a return on investment and helps meet our goals. In addition to my team and other departments within First American, I work strategically with our executive team and board to continue to grow the business.

Innovation

PYMNTS

NOVEMBER 23, 2016

The firm’s chief marketing officer, Richard McShirley, said he’s confident in the potential for real-time payments to get off the ground, to provide added payments security and to disrupt even the B2B payments world. “We think it is just the opposite,” explained McShirley.

Real Time Payments

Stax

APRIL 25, 2024

When the client gets home, they decide to purchase additional services, so they call the consultant, who then processes the payment over the phone. Launch subscriptions and recurring charges The benefits of card-present tokenization go beyond payment security. The best part?

Credit Cards

Fintech News

MARCH 21, 2024

Notably, there have been marked increases in Purchase Return Authorisation (PRA) fraud and ransomware attacks, emphasising the evolving challenge of protecting financial infrastructure. Visa integrates its human resources with technological solutions to develop strategies that mitigate and prevent attacks on the payments ecosystem.

Scams

Fintech Finance

NOVEMBER 12, 2024

The Mastercard Payment Passkey service leverages Click to Pay to secure consumers’ payment details through tokenization and biometric data, safeguarding data from third-party access. Shoppers simply select their Mastercard, already stored securely with Click to Pay, at checkout.

Visa

Fintech News

AUGUST 23, 2024

Each year, the conference and exhibition brings together thousands of business leaders, decision-makers, and topic experts from across the financial ecosystem to debate and collaborate in the areas of payments, securities, cash management and trade.

APACS

PYMNTS

DECEMBER 6, 2016

“Because we’re at a stage where the data is not compelling enough to pull through the demand for these options, making it easier for merchants to integrate these wallets helps them justify the return on that investment.”. And the initiative will also involve the tech giant Google at certain points in the program.

Use Case

PYMNTS

MARCH 8, 2016

This week in retail security news, we take a look at the evolving role of in-store video surveillance systems in both security and customer analytics, as well as how one struggling retail brand is putting new digital payment security systems at the center of its turnaround plan. storefronts, according to RIS.

Security

Fintech Finance

MAY 30, 2024

Card payments continue to power the travel economy, providing essential cash flow and payment security. As consumers return to travel and the industry continues to grow, it is essential that the sector re-thinks the processes and technologies that bring these bookings to life. Insights from IATA predict that 4.7

Visa

Segpay

APRIL 22, 2024

” The tokenized data returns to the payment gateway, which completes the transaction using the token. The token from the previous transaction is used to process the payment, and the merchant doesn’t need to ask for his card information again. Ultimately, that trust leads to increased customer loyalty.

Data Breach

PYMNTS

NOVEMBER 20, 2019

According to their announcement, Amex’s virtual card technology promotes elevated payment security and reduced fraud risk, and enhances spend visibility that supports automatic integration of transaction data directly into the Coupa platform. The solution will first roll out in the U.K. customers mid-2020.

Issuers

PYMNTS

JULY 18, 2017

In return, Visa will pay economic incentives, the Financial Times reported. PayPal is a really important piece of our broader strategy in enabling digital payments,” said Bill Gajda, head of innovation and strategic partnerships at Visa. PayPal also offers prepaid cards in certain countries via a partnership with MasterCard.

Debit Card

Stax

DECEMBER 6, 2024

Final Thoughts: The Future of Worldpay Post-FIS With its separation from FIS, Worldpay has returned to operating as a standalone payments company, allowing it to focus on growth, innovation, and enhancing its merchant services. Q: How does Worldpay by FIS ensure payment security? Standard credit cards: 1.99% + $0.20

Payment APIs and Integration

Fintech Labs Insights

AUGUST 30, 2016

Less than a week before EyeVerify returns to the Finovate stage, the company has announced that it is integrating its Eyeprint ID technology with the BioConnect’s Identity Platform. The post EyeVerify Teams Up with BioConnect to Boost Payment Security appeared first on Finovate.

Payment Security

Fintech News

JANUARY 3, 2024

Each year, the conference and exhibition brings together thousands of business leaders, decision-makers, and topic experts from across the financial ecosystem to debate and collaborate in the areas of payments, securities, cash management and trade. The Sibos community will convene at the China National Convention Centre (CNCC).

APACS

PYMNTS

MARCH 6, 2017

Specifically the webinar will explore: The State of Payment Security. PCI P2PE Return on Investment. Panelist: Ruston Miles, Chief Innovation Officer, Bluefin Payment Systems. Malware and its Role in Data Breaches. The Introduction of PCI-Validated P2PE in 2011. PCI P2PE Scope Reduction and Assessments.

Data Breach

EBizCharge

OCTOBER 25, 2023

An ACH return may be sent back to the initiating bank or institution if there’s an issue with the transaction. You may also receive a Notification of Change (NOC) , which, along with the return, indicates the transaction failed. That said, there are a few reasons why an ACH prenote may fail. Cut-off times can vary from bank to bank.

ACH

PYMNTS

AUGUST 10, 2018

As part of the agreement, GSR Capital will also buy $30 million in tZERO security tokens. Intuit Secures Patent for Bitcoin Payment Processing. The company behind major tax return and accounting software has landed a patent that will allow it to process bitcoin payments secured via text message.

Bitcoin

PYMNTS

AUGUST 24, 2017

The main troubles reported by consumers were transportation logistics and security of payments, particularly when compared with domestic opportunities.

Consumer

PYMNTS

JANUARY 14, 2021

Swap.com’s peak season typically arrives during the back-to-school period and just after the holidays, when customers tend to return unwanted merchandise. A combination of third-party payment security, in-house transaction analysis and customer fraud awareness could therefore be key to keeping them from successfully launching attacks.

Data Breach

EBizCharge

OCTOBER 13, 2023

Fraud prevention: Cutoff times provide banks with a specific window to closely monitor transactions for signs of fraud which can lead to prompt detection and mitigation of suspicious transactions and more payment security. This helps companies and individuals better plan their financial activities to avoid late payments or penalties.

Business Day

PYMNTS

APRIL 22, 2019

. “The question that I have is, ‘How are we going to bridge this batch-operating environment in which many businesses are operating today into a single-payment, on-demand conversation that is the model of the new [payment] systems we’re seeing?'”

Faster Payments

PYMNTS

NOVEMBER 6, 2018

Tokenization works across a variety of on-premise and outsourced solutions, but cloud tokenization offers firms a unique security strategy because it entirely removes sensitive data from the CDE, Noltensmeyer said. In the outsourced model, the card data is submitted to a cloud tokenization provider, which returns tokens to customers.

PCI DSS

PYMNTS

MARCH 8, 2017

RM: FAC is a Level 1 PCI-certified payment gateway and registered ISO in the LAC region, and the partnership enables them to offer PCI-validated P2PE directly to their clients in that region — where this solution was not available before. So it was important for us to bring this solution to that market through FAC. 5 at 1 p.m.

Encryption

PYMNTS

MARCH 5, 2018

Amid the risk mitigation challenges faced by internationally trading businesses, B2B payments are accelerating, which has also shifted risk exposures. Technology is moving to enhance payments security, but there is now a smaller window of time for fraud and other risks to be identified before a transaction settles.

Risk

PYMNTS

AUGUST 7, 2018

Contextual commerce involves many moving parts — a discovery platform, payment provider and participating merchants — meaning there are ample opportunities for mistakes or less-than-stellar service. The Importance of Payments. So far, though, Habibi has spotted no correlation between contextual commerce and higher rates of returns.

Returns

EBizCharge

JULY 16, 2024

Return and correction procedures Following NACHA standards, financial institutions and other network participants must adhere to precise returns and error correction procedures to ensure seamless payments and regulatory compliance within the ACH network.

NACHA

PYMNTS

OCTOBER 12, 2018

It’s an issue Barnhardt has seen many times with GIACT partners, and is often triggered when a lot of returned payments are discovered. The problem may be visible with the payment, but it started at the enrollment process when the criminal was allowed access into the system.

Faster Payments

PYMNTS

SEPTEMBER 8, 2017

The recommerce market, which is focused on returned and (gently) used items, has been big business, where in China those sales are worth $60 billion. Payment security : We all want payments security, but how far will we go to get it? Can you spell coopetition? Not far enough, it seems.

Scams

The Payments Association

SEPTEMBER 30, 2024

Both Chandler and Fletcher voiced apprehensions about whether merchants will truly see a return on their investment as these tokens become more widespread. Furthermore, all participants acknowledged the growing role of biometric authentication in enhancing payment security and user experience.

Fraud Prevention