A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. As 2020 is becoming 2021, on the other hand — not so much and for good reason. As...
Selling an EMV 3DS (also referred to as 3DS 2.0) product to merchants hasn’t always been smooth sailing. When PAAY, a software-as-a-service company that protects merchants from fraud and increases authorization rates first started offering EMV 3DS, it had to do a lot in educating...
The COVID-19 pandemic has changed how consumers buy goods, and some of these new payment behaviors could continue well after the crisis ends. Consumers’ concerns about visiting stores and touching POS terminals have generated interest in touchless methods, as have merchants’ worries about risking potential...
The shuttering and reopening of states' economies are causing seismic shifts in consumer behaviors. Tried and tested ways of catching fraudsters, such as comparing consumers' activities against their 90-day transaction histories, are now resulting in false positives, says Carlos Mejia, chief digital executive at Pacific...
September 15, 2022
Transaction disputes, by their very nature, are reactive problems for merchants. They don’t exist until a cardholder is dissatisfied or confused about a transaction, setting off a chain reaction of events. The cardholder first contacts the credit card issuer with a complaint, then a provisional credit is shared with them before an investigation, commonly referred […]
January 15, 2021
A year ago, as 2019 was turning over into 2020, the distinction between card-present transactions and card-not present transactions was highly relevant in the world of commerce. As 2020 is...
August 14, 2020
Selling an EMV 3DS (also referred to as 3DS 2.0) product to merchants hasn’t always been smooth sailing. When PAAY, a software-as-a-service company that protects merchants from fraud and increases...
July 02, 2020
Consumers who are seeking to avoid exposing themselves or others to COVID-19 are turning to eCommerce where possible and are demanding touch-free ways to pay when they have to visit...
January 03, 2019
A new study has revealed that retailers will lose around $130 billion in digital CNP (Card-not-Present) fraud between 2018 and 2023. Juniper Research’s new report, Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2018-2023, explained that complex cross-channel fraud will become the “new normal” in the coming years — and retailers are simply […]
December 17, 2018
EMVCo, the global technical body that facilitates the worldwide interoperability and acceptance of secure payment transactions, announced late last week that it published the EMV 3-D Secure Protocol and Core Functions Specification...
March 13, 2017
Emailage, the email risk assessment company, has found that during 2016 $1 billion in fraud was stopped by using technology and a syndicated network of global merchants. In a press...
November 18, 2015
The holiday shopping season may see growth in the gift that no one wants and which keeps on giving — fraud. New research from ACI Worldwide shows that cyberthieves will...
