Most consumers are now using credit cards with a specialized chip, making them more secure and less prone to theft in stores. But the increased security is leading to an increase in online fraud… Click here to view the video segment.
In card-not-present transactions, “no one is standing there to authenticate you…” Click here to read the full article. (WSJ subscription required)
It’s not the physical theft of cards that’s the real risk anymore. It’s the massive data breaches… Click here to read the full article.
As consumers continue to move toward a digital option for their gift card needs, could a retailer’s dream turn into an actual nightmare? Click here to read the full article.
So what has the industry learned about payments and commerce in the first six months of 2016? PYMNTS spoke with nine executives across those sectors to get their takes on the year so far. Click here to read the full e-book.
Though merchants are taking advantage of newer ways to fight fraud–such as utilizing knowledge sharing and employing advanced fraud solutions–more may be needed to truly outsmart fraudsters. Uriarte tells PYMNTS how consortium data holds the keys to helping all merchants improve their fraud detection capabilities. Click here to […]
CNP payments and fraud prevention provider Vesta has identified five priorities every merchant must address. In “Five Challenges Merchants Must Address Now,” Vesta said consumers’ increasing penchant for engaging commerce through different channels is inherently risky, but merchants must be prepared to accept those high-risk payments. Click here to read the full article.
Vesta Corp., which focuses on card-not-present (CNP) transactions, has released a new whitepaper titled “5 Challenges Merchants Must Address Now.” The firm said that there have been shifts in consumer preferences in payments, while, at the same time, there are new threats that come with new purchase channels. Click here to read the […]
“While sales growth through online channels is a great revenue-generator for retailers, rising operational costs are required to manage ecommerce fraud and chargebacks effectively…” Click here to read the full article.