David Heun is an associate editor for technology at American Banker.
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Nok Nok Labs is upgrading its mobile device risk-based authentication software to improve support for biometrics and other alternatives to passwords.
October 12 -
"Artificial Intelligence" as a concept still eludes some financial executives, but for Signifyd the most important thing to understand is it can be a strong weapon in the fight against fraud.
October 11 -
ATM operators have been down this road before, dealing with Mastercard's rules on EMV transactions occurring with the international Maestro debit cards as far back as 2013. But awareness and experience doesn't automatically translate to preparation.
October 10 -
Concerns about fraud and theft risks are inhibiting adoption of mobile wallets, yet nearly 60% of executives say mobile money will build their business because it is safer than alternatives like cash and cards, according to new research from NTT Data Consulting and Ingenico's ePayments division through Oxford Economics and Charney Research.
October 6 -
3D Secure commonly implemented as a prompt for an extra password during an e-commerce checkout was too clunky to appeal to consumers in its original form. But a nearing upgrade could turn 3D secure into a staple of e-commerce by tying it into mobile wallets.
October 5 -
Kohl's department stores have joined the mobile wallet movement, offering customers the option to link their closed-loop Kohl's Charge cards to the company's mobile app to make mobile payments and redeem rewards.
October 5 -
Harley Financial Services has launched business payments software HarleyPay for its merchant clients through provider linked2pay's Bank Centric Payments platform.
October 4 -
Facebook officially launched Marketplace today to make it easier for its users to buy and sell stuff with others near them. But for the time being, Facebook is keeping the payments aspect of this project at arm's length.
October 3 -
EMV chip cards have delivered on their promise to halt counterfeit fraud at the physical point of sale. But for a technology developed long before the invention of e-commerce, mobile wallets and the word "omnichannel," delivering on its promise still feels like falling short.
October 2 - PSO content
Seeking to lower the cost of cross-border payments in some currencies, INTL FCStone Ltd.'s global payments division is launching a real-time financial information exchange that will more accurately provide exchange rates.
September 27
