Trustly Partners with Socure
Trustly has fpartnered with digital identity verification specialist Socure to enhance its capability to provide KYC and AML compliance.
Area of Interest: Fraud Fighting and Security
Fingerprint Cards’ Biometric Enrollment Device
To support a wider rollout of payment cards that can be secured by fingerprint biometrics, Fingerprint Cards has launched Smart’Nroll.
Mastercard Boosts Fraud Fighting with GenAI
Decision Intelligence Pro predicts the cardholder’s next transaction by analyzing their entire historical transaction record.
Refunds-as-a-Service from TodayPay
When a consumer goes online to download a shipping label for a return, TodayPay suggests an instant refund if those funds are placed in a TodayPay wallet.
OpenWallet Foundation and EMVCo Alliance
Among the applications the companies might pursue for OWF digital wallets include secure remote commerce, payment tokens to protect primary account numbers and 3-D Secure.
NFC Payment Cards for Two-Factor Authentication
Arculus Authenticate, from CompoSecure, is comprised of an applet, software development kit (SDK) and a back-end authentication server. It works with NFC-enabled metal and plastic cards certified by the global networks.
The Threat from Quantum Computing
Quantum computer models leverage the principles of quantum mechanics—the physics concerned with the behavior of subatomic particles.
Vesta Fraud Fighting Platform
When a merchant uses Vesta’s cloud-based Payment Guarantee service and experiences a chargeback, Vesta covers 100% of the transaction amount as well as any associated fees.
Card Fraud Losses Worldwide in 2022
Gross card fraud is expressed in basis points (cents) per $100 in total volume. In 2022, it was 6.81¢ per $100 in total volume worldwide. The prior year, the figure was 6.61¢ per $100.
Biometric Checkout from NEC and Mastercard
More than 1,000 active deployments in over 70 countries use NEC facial recognition technology, including police departments, immigration control agencies, national ID systems, banks and stadiums.
