Thursday , March 28, 2024

Search Results for: phishing

Wedge Joins Fiserv AppMarket And Other Digital Transactions News briefs from 12/19/22

Wedge Financial Inc. said its app, which lets users spend funds from multiple fiat accounts and assets using a single card, has joined Fiserv Inc.’s AppMarket. Work at the New York Fed under an initiative called “Project Cedar” means the United States has officially moved from the “research” phase to the …

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PayPal: So Long Passwords, Hello Passkeys

PayPal Holdings Inc.’s next step in payment security is to replace passwords with passkeys, an authentication technology that could eliminate many security and practical issues for consumers and organizations alike. PayPal said it is adding the passkey technology—it uses cryptographic keys to identify devices and was developed by the FIDO …

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Though Usage Drops, Passwords Continue to Dominate

The tug of passwords remains strong among individuals, though their use has dropped by as much as 9% in some use cases. Data from the second annual Online Authentication Barometer from the FIDO Alliance, an authentication-advocacy organization, still found that password use continues to be strong. That reliance on passwords …

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SpotOn Beefs up Restaurant Services And Other Digital Transactions News briefs from 10/19/22

SpotOn, a payments provider specializing in the restaurant industry, launched Experiences by SpotOn Reserve, a reservation and waitlist platform.Checkout.com launched Fraud Detection Pro, aimed at helping online merchants combat bot attacks, account takeovers, synthetic identities and other newer fraud technologies.Payments provider Paysafe Ltd. said it will support payments for U.S. hotels via a …

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As Consumers Return to In-Store Shopping, Fraudsters Follow

It’s a fact of the payments world that fraudsters are adept at watching and following consumer behavior to maintain their criminal revenue flow. Just as consumers have returned to shopping in stores, criminals have returned to the point-of-sale, albeit without neglecting their online activities. That’s the summation from Visa Inc., …

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Stopping Cybercrime in Its Tracks

As criminals shift to strategies that rely on psychology as much as technology, a whole new approach is necessary. Tony Carothers is the security systems engineer at Corpay, a FLEETCOR company. The remote-work era brought on by the Covid-19 pandemic has made it even easier for criminals to execute payment-fraud …

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The Price of Malware? Just $10

The proliferation of plug-and-play software has revolutionized the computing experience, mostly for good. But bad actors, too, are able to take advantage of the plug-and-play experience and purchase malware kits that require little to no coding expertise, which can retail for less than $10, according to a new report from …

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2.3% of Online Crime is Card Fraud And Other Digital Transactions News briefs from 7/20/22

Authentication provider Veriff said an analysis of Google search data, a survey of 1,000 U.S. adults, and the FBI’s Internet Crime Report 2021 data found that credit card fraud accounted for 2.3% of all reported online crimes. Phishing and its variations had the highest rate of 44.76%.Payments provider Lightspeed Commerce Inc. said it has …

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Nayax’s Self-Checkout Kiosk And Other Digital Transactions News briefs from 7/13/22

Payments platform Nayax Ltd. announced the availability of the Nova Market self-checkout kiosk in its U.S. e-commerce shop. The device is aimed at micro-merchants.Open Payment Network said its application programming interface is linking Bridge Community Bank to The Clearing House Payments Co. LLC’s real-time payments network.CGI Technologies and Solutions Inc. announced that Peoples Trust …

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It’s Past Time to Squash Ransomware

Don’t wait to become a victim. The key is to act before you’re attacked. That requires identifying vulnerabilities and shoring up systems. Across the globe, a ransomware attack strikes a business every 11 seconds. This is not a statistic many companies want to think about. But it’s a reality, especially …

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Digital Transactions