Social media as ID verification
As our world becomes more connected through technology, financial institutions and retailers are seeking new ways to expand their user base across borders. To do this, ID verification and risk [...]
Financial Services Week Ahead April 27-May 1
US House of Representatives: House Financial Services Committee: Hearing entitled “The Impact of International Regulatory Standards on the Competitiveness of U.S. Insurers” [...]
The rise of HCE-based mobile payments
Last May, Russia-based Sberbank became one of the first major financial institutions to announce a commercial mobile wallet rollout that integrated Host Card Emulation (HCE) to bypass the secure [...]
Study looks at Apple Pay prospects six months on
Early consumer surveys reveal that few iPhone 6 users have both enabled a card for Apple Pay and made a purchase with it. Moreover, few retail locations currently support NFC payments — just [...]
Financial Services Week Ahead April 20-24
U.S. House of Representatives: House Financial Services Committee: Wednesday, April 22, 2015 at 10:00 AM in HVC-210 Capitol Visitor Center Hearing entitled “A Survey of Global Terrorism and [...]
US EMV transition could open door to more NFC mobile payments
The clock continues to tick on the EMV liability shift in the U.S. Merchants have six months left to upgrade their point-of-sale terminals to accept the chip cards banks are issuing to their [...]
Study: New cyberthreats come in old packages
The Verizon “2015 Data Breach Investigations Report” reveals that cyberattacks are becoming increasingly sophisticated, but that many criminals still rely on decades-old techniques [...]
Early Warning bolsters mobile fraud offerings with Authentify acquisition
Early Warning, a fraud prevention and risk management company, has signed a definitive agreement to acquire Authentify, Inc. Founded in 1999, Authentify provides phone-based, multifactor [...]
Financial Services Week Ahead April 13-17
US House of Representatives: House Financial Services Committee: Wednesday, April 15, 2015 at 10:00 AM in 2154 Rayburn HOB Joint Hearing with the Committee on Oversight and [...]
CFPB ropes payment processors into lawsuit against bogus debt collectors
The Consumer Financial Protection Bureau has filed suit against the operators of a robo-call “phantom debt” collection operation that used threats, intimidation, and harassment to [...]