May 25, 2012
Inside the Consumer’s Mind: DNB’s Kosse Researches Payment Choice
A policy advisor at the Central Bank of the Netherlands, Anneke Kosse studies the payment choices made by consumers every day. Her research aims to answer questions like: what do...
May 23, 2012
Most Basic Payment Fraud Scheme Still Working in U.K.
Fraudsters have stolen £750,000 from U.K. consumers in four months using an incredibly low-tech con, Finextra says. The crooks are calling bank customers and asking them to mail in their...
May 23, 2012
VeriFone Counters U.S. EMV Skeptics
Recently intensified mandates from Visa and MasterCard, combined with multiple successful transitions across the globe, suggest the adoption of EMV will only expand in the future “” and into the...
May 21, 2012
Credit, Debit Fraud in Ireland Up 24% in 2011
Credit and debit card fraud increased by 24 percent from 2010 to 2011, according to The Paypers, citing research from online media outlet rte.ie. Ninety percent of the fraud tracked...
May 21, 2012
VeriFone Counters U.S. EMV Skeptics
Recently intensified mandates from Visa and MasterCard, combined with multiple successful transitions across the globe, suggest the adoption of EMV will only expand in the future — and into the...
May 21, 2012
MagTek’s Hart: With Swipe Readers, Encryption Is “Not Enough” [TRANSCRIPT]
With so many new swipe readers hitting the market, do you feel these various companies are paying enough attention to security? The bad guys are certainly paying enough attention to...
May 20, 2012
Experian to Provide Fraud Services to Social Security Administration
The U.S. Social Security Administration has partnered with Experian. The information services firm will provide fraud prevention services to the government, protecting consumers who access their earnings and personal information...
May 17, 2012
TSYS Repositioning to Be On the Cutting Edge of Commerce
Most payments players are slowly learning that fixating on one form factor or payment method won’t be enough in the very near future. Meanwhile, TSYS is another step further: as...
May 15, 2012
Global Payments Fraudsters Transferring Stolen Accounts to Prepaid Cards
The fraudsters responsible for stealing account information from Global Payments earlier this year are apparently using prepaid cards to cash in on the compromised account data they now hold. According...
With rising FinTech fraud and convincing deepfakes threatening their bottom lines, more than two in three FinTechs plan to expand their budgets to deploy tech that can detect true human liveness, as discussed in the latest PYMNTS “FinTech Tracker®,” a collaboration with Sezzle.
