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As the holiday shopping season kicks off, retailers are preparing for an influx of payment volume from shoppers and scammers alike. Here are a few of the problems they face.
November 28 -
Mobile apps that allow consumers to control their payment cards are becoming more popular as banks use payment security as a way to build customer relationships.
November 22 -
Mastercard will launch its “selfie pay” system in the Asia-Pacific region next year, expanding the global reach of its biometric identity-verification service for online payments to more markets as part of a gradual worldwide rollout.
November 17 -
Digital payments security provider V-Key will protect the cloud-based payments network of Ant Financial Services Group (Alipay) with its virtual secure element software.
November 14 -
Consumers may wholeheartedly trust the biometric security built into their smartphones, but banks could be doing more to protect them.
November 9 -
Samsung Electronics has entered a commercial software license and distribution agreement with fingerprint software company Precise Biometrics.
November 8 -
Citibank has launched Touch ID sensor authentication for its iOS mobile banking users in Hong Kong.
November 7 -
Tesco Bank has confirmed that over the weekend, some of its customers' accounts were subject to online criminal activity, in some cases resulting in money being withdrawn fraudulently.
November 7 -
Payments technology is showing up in places that were unimaginable just a few years ago. That creates new opportunities for merchants and banks, but also new opportunities for fraudsters.
November 4 -
While some banks allow existing customers to
pay by selfie, BBVA is using them to get new customers.November 3