Today's customers expect consistent, seamless retail experiences — online, in store and through mobile apps. For retailers to remain competitive in a digital environment, they must revolutionize the way they operate to meet these demands while providing a personalized, secure customer experience at every point...
The Secure Payments Task Force was established by the Federal Reserve Bank in 2015 in part to determine areas of focus and priorities for future action. Jim Cunha, a member of that task force, talks discusses how to advance payment system safety, fight fraud and ensure resiliency.
As mobile payments continue to grow in South Africa, it's important that application developers build security into their apps and correctly implement tokenization standards, says Jeremy King, international director of the PCI Security Standards Council.
Developing nations that are moving to digital payments, especially for the unbanked, need to keep in mind security lessons already learned in other markets, including Europe, says Steve Marshall, founder at Risk-X, a U.K.-based audit and risk assessment consulting firm.
The digital shift is increasing the need for more sophisticated privacy and data protection measures. Several major institutions have seen their information security compromised in recent years as cyberattacks and fraudulent activity show no sign of slowing down. With PSD2 regulations now in effect, companies are in...
As of January 1, 2018, all SWIFT customers must self-attest to their compliance with the new SWIFT Customer Security Program (CSP). The program is designed to respond to the wave of cybercrime targeting SWIFT installations that began with the Bank of Bangladesh breach back in February 2016 and has swept across the...
What security strategies do financial organizations need to consider in the new PSD2 landscape? PSD2 outlines security requirements in three key areas.
Download this whitepaper and learn how to:
Secure customer interactions with third-party providers and banks;
Secure API transactions and account...
In the past decade, financial institutions have undergone a significant digital transformation - delivering new levels of customer convenience and services through online and mobile channels. However, this represents just the beginning of an even greater change.
Read this white paper to learn more about...
PSD2 presents opportunities and introduces new requirements for banks. Proactive, early-adopting organizations will be able to meet the new demands rapidly. By creating new alliances and providing innovative services, they will be able to provide value for both themselves and their customers.
Download this...
There is no greater challenge for customer-facing organizations than finding the balance between security and convenience. In fact, 72% of consumers state that they have abandoned a transaction due to security concerns.
3D Secure 2.0 was designed to put the shopper's experience front and center. While the...
Card issuers continue to find themselves victims of ongoing attacks perpetrated by fraudsters looking to rapidly exploit any opening they can find in e-commerce transactions. Fraudsters often exploit cards from multiple issuers, which is why they are transitioning to a model that uses real-time device information from...
Mobile is quickly establishing itself as the payment channel of choice for a majority of Asians to conduct billions of mobile transactions in the near future in the digital cashless economy. As users increasingly adopt new payments platforms, including Apple Pay and Samsung Pay, cybercriminals are devising new ways to...
Retailers and financial institutions are dealing with the changing face of customer interactions. For many businesses, mobile logins have surpassed online logins, and consumers are voicing their demands for more mobile services. Consumers expect to bank, pay, buy, transfer and more via their mobile devices - and they...
The Faster Payments Initiative may help businesses shorten clearing times for financial transactions, and benefit personal banking consumers by ensuring that transactions and bill payments are completed in a timely fashion. However, fraudsters will look to exploit any system vulnerabilities to their advantage. Shorter...
PSD2 both presents opportunities and introduces new requirements for banks. Proactive, early-adopting organizations will be able to meet the new demands rapidly. By creating new alliances and providing innovative services, they will be able to provide value for both themselves and their customers.
Download this...
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