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.
Area of Interest: Fraud Fighting and Security
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.
Biometric ID Verification from Mitek Systems
Among the customers that use Mitek for identity document verification, and sometimes for two-factor authentication, are top US, UK, Dutch and Spanish banks. Those banks want provable and auditable document verification, especially during account opening, to meet regulatory compliance requirements.
Trulioo Global ID Verification
More than 5 billion people and 300 million business are within reach of the Trulioo platform. The company’s global reach and depth of data grow with the addition of an average of 10 new data sources every quarter.
Experian Digital Debit Card
There are 261 million Americans aged 18 and over, of which 100 million, more than 38%, either have no files at credit bureaus or are challenged by subprime credit scores.