PYMNTS-MonitorEdge-May-2024

Security

Computer security, also known as cybersecurity or IT security, refers to the security of computing devices such as computers and smartphones, as well as computer networks such as private and public networks, and the Internet.

Source: en.wikipedia.org

Elder Scams Spike as More Boomers Move Online
Elder Scams Spike as More Boomers Move Online
June 14, 2024  |  Security & Fraud

As more baby boomers and seniors go online to get their banking done — making payments, investing and paying bills or taxes — the fraudsters...

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State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
State Dept. Tests Online Passport Renewals as Digital IDs Gain Traction
June 14, 2024  |  Identity

The U.S. State Department recently announced it is beta testing a public-facing program that enables would-be travelers to renew passports online. As of this week,...

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Trustly Unveils AI-Powered Recurring Payments Solution in Europe
Trustly Unveils AI-Powered Recurring Payments Solution in Europe
June 13, 2024  |  Artificial Intelligence

Trustly unveiled an artificial intelligence-powered recurring payments solution that is designed to streamline subscription payments. By automating these payments, the new Trustly Recurring Payments aims...

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Radar CEO Sees Geolocation Driving Future of Digital-Physical Commerce
Radar CEO Sees Geolocation Driving Future of Digital-Physical Commerce
June 13, 2024  |  Connected Economy

As technology and the connected economy march onward, the boundary between the digital and physical worlds is becoming increasingly blurred. New opportunities are emerging —...

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NMI Debuts Enhanced Shopify Integration
NMI Debuts Enhanced Shopify Integration
June 11, 2024  |  eCommerce

Embedded payments company NMI enhanced its integration with Shopify. The updated offering ensures NMI’s independent sales organization (ISO) partners, software providers and payment professionals can...

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Digital IDs and Biometrics Upgrades Define Future of Transaction Security
Digital IDs and Biometrics Upgrades Define Future of Transaction Security
June 11, 2024  |  Authentication

The interlinked future of digital identity and biometrics is already starting to transform payments. As digital wallets increasingly gain traction, the security features driving their...

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Tokens See Double Duty as Protection From Fraud and Transaction Failures
Tokens See Double Duty as Protection From Fraud and Transaction Failures
June 10, 2024  |  Security & Fraud

Network tokenization, a technology that replaces sensitive payment card data with unique digital identifiers, has been a hot topic of late. Long known as an...

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Seven AI Raises $36 Million for AI-Powered Cybersecurity Solution
Seven AI Raises $36 Million for AI-Powered Cybersecurity Solution
June 07, 2024  |  Investments

Seven AI raised $36 million in its initial round of funding to support its mission of arming companies with artificial intelligence-powered cybersecurity solutions. “With attackers...

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Security Features Drive Digital Wallet Usage
Security Features Drive Digital Wallet Usage
June 06, 2024  |  Mobile Wallets

Mobile payments — and by extension, mobile wallets — are proving to be a favorite means of paying for all aspects of daily life as...

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