Fraud & Security

PrePass, a platform for highway toll payments, said its services can be accessed via an integration with the Motive Marketplace, a platform featuring artificial-intelligence capabilities. A survey of 2,600 consumers in the U.S. market and in seven other countries revealed 61% have cut back on using digital payments or otherwise changed their …

Against a backdrop of continuing industry consolidation, community banks see digital payments as a key competitive weapon, according to newly released survey data from Bank of New York Mellon Corp. “Nearly 30% of those polled indicated that launching new technology services focused on efficiency and security, such as instant payments, …

Bluefin Payment Systems LLC expects its deal with processor Moneris Solutions Corp. will significantly streamline Canadian merchants’ payment card security through what the parties say is an enhanced point-to-point encryption solution. Under the terms of the deal, announced last week, Moneris will include point-to-point encryption (P2PE) capabilities in Bluefin’s PCI …

Acquirers and independent sales organizations wanting to improve their standing among merchants should take note of four trends affecting payments today, according to Bill Dobbins, head of acquiring and enablement at Visa Inc. Dobbins, speaking at the Western States Acquirers Association conference in Las Vegas this week, outlined why the …

Card91, an India-based technology company, introduced a platform that offers a digital prepaid card that also functions as an ID and access card. The product is aimed at corporate employees and students. KM Malta Airlines, a new air carrier, has agreed to adopt a payments-orchestration platform from CellPoint Digital. Online-security firm DefenseStorm said it …

France-based fintech Market Pay has launched a single app it says can process payments from both point-of-sale terminals and Android or iOS smart phones. FICO, a U.S. developer of fraud-prevention technology, said it is working with Jersey Telecom in the United Kingdom to develop software that can detect telephony signals in real …

Alviere, a platform for embedded payments, has launched its Loyalty Wallets product, which features pay-by-bank functionality. The wallets can be funded by ACH transfer or direct deposit. Bank3, a community bank in Tennessee and Mississippi, has chosen Tyfone Inc.’s Instant Payment Xchange technology, meant to facilitate real-time payments on the FedNow system. The …

Rain Technology, a provider a directional-display technology, has developed a solution that aims at reducing the risk of onlookers visually stealing a consumer’s PIN at an ATM. The solution, called ATM Switchable Privacy, enables as little as 0.2% of an ATM screen to be visible outside of a 45-degree viewing …

Mastercard Inc. announced early Thursday it has acquired cybersecurity firm Recorded Future for $2.65 billion. The acquisition builds on Mastercard’s strategy of investing in fraud detection and cyber defense technologies, the network says. The deal also enhances Mastercard’s identity, fraud prevention, real-time decisioning, and cybersecurity services for merchants and financial …

Payment gateway Slim CD Inc. revealed a data breach resulting from suspicious activity it became aware of on June 15. The investigation found unauthorized system access between Aug. 17, 2023, and June 15, 2024. It says credit card information may have been viewed or obtained. Slim CD said it took measures to …