Payment Security
Fiserv addresses false declines with Authorization Lift
Source: Fiserv
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced it has launched a unique offering designed to reduce the number of legitimate debit card transactions that are wrongly identified and declined as fraudulent, while effectively managing risk.
FIS releases IQ Now for businesses on the go
Source: FIS
As merchants around the world grapple with the impact of COVID-19 on their operations, financial services technology leader FIS™ (NYSE: FIS) has launched iQ Now, a new mobile app for Worldpay’s small- and medium-sized businesses (SMBs) that delivers actionable insights into the health of the business.
FCA extends SCA deadline by a further six months
The UK's Financial Conduct Authority is to delay the implementation of strong customer authentication rules by six months in an effort to minimise disruption to consumers and merchants during the ongoing Covid-19 crisis.
ACI Worldwide forecasts exponential growth in real-time payments
More than half a trillion real-time payments transactions will be processed over the next five years, according to Prime Time for Real-Time, a new global report from ACI Worldwide (NASDAQ: ACIW) and Global Data.
Diebold Nixdorf hit by ransomware attack
ATM manufacturer Diebold Nixdorf has suffered a ransomware attack on its corporate network, disrupting some operations.
GCC set for fintech surge during global Covid-19 outbreak
The GCC is set to experience a surge in the use of FinTech platforms as consumers turn away from physical offerings during the ongoing global COVID-19 outbreak.
Innovate Finance cancels conference over Covid-19
It is with great regret that Innovate Finance has decided to cancel IFGS, scheduled to take place on April 20-21 at Guildhall, London, due to ongoing industry concerns around the spread of the COVID-19 virus.
Wirecard appoints chief compliance officer
The Supervisory Board of Wirecard AG appoints the American Dr. James H. Freis (49) as Chief Compliance Officer effective July 1, 2020.
Blaming Covid-19, European payments industry calls for SCA delay
Citing Covid-19, the European payments industry is calling on the EBA to push back the deadline for the migration to Strong Customer Authentication (SCA) standards still further.
EMVCo supports security evaluation for IoT payment use cases
Global technical body EMVCo has confirmed its security evaluation methodologies and processes support IoT payment use cases, enabling emerging solutions and devices to be evaluated quickly and efficiently.
Citi helps US govt tackle Covid-19-related fraud
Citi, Alibaba and Amazon are among the firms working with the US government on an effort to thwart Covid-19-related fraud.
EPA publishes new guidance on digital identification and authentication to tackle financial crime
The Emerging Payments Association (EPA), which celebrates collaboration and innovation within new and existing payments companies, has today published new guidance on digital identification and authentication to help combat financial crime.
ACA Compliance releases payment fraud risk assessment service
ACA Compliance Group (“ACA”) announced today the availability of its new payment and fraud risk assessment (“PFRA”) offering, which is designed to help firms identify and remediate vulnerabilities within payment flows in order to reduce the risk of costly fraud issues.
