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Square's practice of using its merchant transaction data for risk analysis may seem innovative, but other other agile specialistsincluding Intuitare finding ways to use new data streams to limit risk and deliver funds to borrowers.
May 6 -
Counterfeit card fraud is finally on the way down as EMV creeps into the U.S. marketplace, but card not present (CNP) fraud through online channels is skyrocketing. It's too soon, however, to blame the EMV shift.
May 6
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Mobile wallets may not have eliminated cash and cards, but they are becoming almost unavoidable in many retail settings. However, there are still a few areas where mobile technology is slow to arrive.
May 6
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Multifactor authentication is high on the list of payment security requirements, including new standards from PCI. For any company on the fence on adding stronger authentication, there's plenty of examples of what can go wrong with basic identity management.
May 6
Tripwire -
While it's generally good news when a business gets larger, that growth can quickly get stunted if the company gets hamstrung by a more complicated supply chain.
May 6 -
Though many have tried and failed to get bitcoin into the mainstream, iPayYou CEO Gene Kavner is ready to take a page out of the playbook of Amazon.com, his former employer, to bring attention to his new bitcoin wallet.
May 6 -
Cameron and Tyler Winklevoss's Gemini Trust Company LLC has gotten a New York State regulator's blessing to trade another kind of cryptocurrency on its bitcoin exchange.
May 5 -
Most of the largest banks are participating in industrywide blockchain standard-setting activities, trying to determine which use cases would improve upon existing technology. That's backward, says Chain, a startup whose product is already being used by banks.
May 5
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Add HSBC to the list of banks offering Touch ID authentication services to mobile banking customers.
May 5 -
Fueled in part by an increase in phishing attacks with malware attachments in the past year, fraudsters took only minutes to compromise a network in 93% of breach incidents, according to Verizon's 2016 data breach investigations report.
May 5
