PYMNTS

NOVEMBER 6, 2018

One way around that — and to help pave the way for even more digital payments, especially in the B2B world , where paper still has a commanding role — is to offer reassurances, which often boil down to authentication and verification, and doing so in real time. The occasion?

Real Time Payments

PYMNTS

JULY 9, 2019

Those three words strike at the heart of identity, and mean so very much when it comes to the efficient operation of the global digital economy and its continuing growth, whether via retail, payments, financial services, healthcare or other areas. Everything is moving toward digital.”.

Authentication

Fintech Finance

SEPTEMBER 24, 2024

“As the Deputy Governor of the Bank of England wrote, ‘One contribution the Bank of England can make, working with industry, is to redouble our efforts on innovation in money and payments — modernising trains and rails, as the fundamental infrastructure for commerce and the digital economy”.

Cross-Border Payments

The Fintech Times

DECEMBER 31, 2023

“The European Commission’s draft proposal to mandate the use of instant payments for all Eurozone transactions, now provisionally agreed upon by the European Parliament, and Council of the EU, will be one major driver.

Global Payments

PYMNTS

MARCH 13, 2017

The technology lets users scan and submit ID documents for real time verification. Verifone slid more than 6 percent on the week as earnings beat expectations by a penny, but the company also said that a security breach may have compromised retail payments systems, if only in a limited fashion.

Money Laundering

PYMNTS

OCTOBER 26, 2016

As the conference kicked off in Las Vegas last October, merchants and retailers around the United States began dealing with the effects and fallout of October’s EMV liability shift, as the technology became the standard for all retail payments. It’s EMV all over again. ” Biometrics coming on big.

EMV

PYMNTS

MARCH 1, 2019

Socure provides cloud-based fraud prevention and identity verification functionality to its business customers, and said in its announcement it plans to use the funding to focus on sales, marketing, research and customer support team expansion. growth trajectory, particularly in the healthcare and public sectors.

Returns

PYMNTS

DECEMBER 18, 2018

As retailers, payments providers and consumers prepare for the coming 5G world, there remain concerns about how well that mobile network technology will protect consumer privacy and security. As well, the 21-page report found that 5G “security goals are underspecified,” among other problems. Government Role?

Security

The Fintech Times

JUNE 3, 2025

One of those was fan verification during the registration process, and that for us, we needed to make merchant lists, while ensuring that fans could enjoy creating memories for a lifetime.” “It was clear to us early on that Veritran could help us with a number of challenges.

Cross-Border Payments

CoinRemitter

JUNE 26, 2024

This reduces the need for human involvement and third-party verification. Retail: Secure Payment Methods: Blockchain makes retail payments safer and simpler by using secure, decentralized systems. Retailers can accept payments directly from customers using cryptocurrencies and stablecoins on the blockchain.

Blockchain

Fintech Labs Insights

FEBRUARY 3, 2017

Hot Take: “As much as 80 percent of the (African) continent is unbanked and up to 90 percent of retail payments are made using cash. Because of this banking gap, it is likely that some countries will entirely skip one generation of payment types (e.g. ” 3 Key Fintech Predictions for 2017 – Banking.com.

FinTech

PYMNTS

JANUARY 23, 2017

In the latest Topic TBD installment, Karen Webster spoke with Jeremy Almond, CEO and cofounder of PayStand , to get a sense of what might finally move B2B transactions, which dwarf retail payments, into the modern age. Once you write something, in the database and in the blockchain,” he said, “it really can’t be changed.

Blockchain

FICO

JUNE 14, 2022

Despite the launch of industry initiatives in the USA such as the Electronic Consent Based Verification Service (eCBSV), it seems that this problem has not diminished. Contactless Payments Fraud – A Sleeping Lion in a Trillion-Pound Market. Retail Payments Fraud: How Consumers and Banks Can Fight Back. See all Posts.

Bots

PYMNTS

JULY 31, 2018

Federal Reserve should “move quickly in facilitating a faster retail payments system, such as through the development of a real-time settlement service that would allow for more efficient and widespread access to innovative payment capabilities,” the report said. Meanwhile, the U.S.

AI

Finovate

MARCH 21, 2025

Central and Eastern Europe Lithuanian identity verification provider iDenfy announced a collaboration with mobility provider Evemo. MENA-based payment service provider Telr secured a Retail Payment Services license from the UAE’s central bank.

Embedded Finance

The Payments Association

JANUARY 14, 2025

Mark O’Keefe (TPA) suggested that allowing customers to customise their security thresholdsfor example, setting transaction limits above which additional verification steps are triggeredcould empower users without compromising safety. ” Collaboration between regulators and the private sector was another recurring theme.

Fraud Prevention