Chargeback fraud and cybercrime are major risks for merchants and individuals. Fortunately, finance and tech experts continue to develop new tools, strategies, and services to combat criminal activity. Google Pay, a mobile payment system, has rolled out secure payment authentication [...]
Sorry nerds, PSD2 is not a video game sequel or a Star Wars character. The Payment Services Directive (PSD) is an evolving regime of laws by the European Union that govern payments services within the European Economic Area (EEA).
SRC enables universal payment profiles that can be used across the web, so consumers don’t have to create profiles and authenticate at every single point of sale.
Compared to cash purchases, the authorization of credit card transactions is almost comically complicated. To really understand it, you have to read this in the voice of a sports announcer... "Cardholder takes out their card to make a purchase. Merchant [...]
They say the password is dead, but that might seem ironic as you click “Forgot your password?” for the fifth time today. That said, the password is no longer as safe and reliable a security measure as it once was. [...]
Fraud watchers are forecasting a stormy fall and winter for merchants who accept CNP transactions. By October, US retailers must convert from magnetic stripe card readers to more secure EMV (Europay, MasterCard, and Visa) terminals, to avoid fraud liability. EMV [...]