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Fiserv Debuts Tech to Combat Financial Fraud
Fiserv has launched four new products to combat financial crimes relating to payment transactions, checks, customer fraud, and money laundering.
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American retailers have struggled with mobile payments, largely because they try to reinvent the entire buying process instead of evolving what's already there. Starbucks' success is rooted in its willingness to take the easiest route time and again, an approach that is clear in how it chose to implement Apple Pay. more »
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Machine-learning provider Feedzai has implemented upgrades to the fraud detection service API it released in November, the company announced Feb. 25. more »
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Consumers in North Dakota are far less likely to experience an incident of e-commerce fraud than those living in West Virginia. Knowing this informs Forter's monitoring of e-commerce fraud. more »
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Fraudsters have taken to crowdfunding sites and other consumer-driven marketplaces in a new scheme designed to mask their use of stolen card data. more »
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In the year since Barak Eilam took over as chief executive officer of Nice Systems Ltd., the company topped $1 billion in revenue and the stock hit an all-time high. Analysts say more records are in store. more »
Darc Rasmussen, CEO of Integrated Research
While real-time payment technology is a hot topic among banks in the U.S., real-time data analysis is likely to come much faster. more »
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Cloud-based payments and financial services provider Bottomline Technologies has acquired Intellinx Ltd., enabling it to offer clients anti-fraud and risk management software. more »
Constantin von Altrock, a managing director at IRIS Analytics
French payment companies are stepping up the use technology that can spot certain types of card fraud that are not prevented by EMV-chip security. more »
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As payments providers shore up their security, using tokenization on top of biometrics on top of encryption, will there be a need for merchants to manage fraud on a per-transaction basis? more »
David Nye, director of developer operations and IT for WePay.
One of the challenges WePay faces in handling fundraising payments is the lack of visibility into when a given fundraising event will result in a spike of payment volume that is beyond what the vendor can typically handle. more »
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Payments and merchant services provider Worldpay has closed its acquisition of SecureNet Payment Systems from private equity firm Sterling Partners. more »
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As mobile wallet providers seek to add value to their services in the payments market, account aggregator Yodlee says it has a data analysis tool that will help that expansion. more »
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