An annual study has found small businesses were fraud victims and had an average of $12,139 stolen in back office fraud in 2015. Javelin’s “2016 Small Business Fraud Report: Small Businesses are Big Targets for Fraudsters” reports finds small businesses are slow to adopt anti-fraud tools, indicating either the tools are not available from their…
In today’s CardFlash News Que: AFFIRM (3dcart); SUMUP (mPOS); CREDITERA (Nav); and BUZZ POINTS (Kent’s).
Worldpay’s new Dynamic 3D Secure (3DS) solution will soon be available to merchants. The solution offers e-commerce businesses greater transaction acceptance success whilst giving them more flexibility and control over fraud prevention.
Bitcoin payment processor Snapcard Inc. announced its partnership with São Paulo-based payment gateway AZPay, allowing hundreds of merchants worldwide to accept bitcoin payments and receive instant settlements in the digital currency. Merchants using AZPay’s payment gateway platform can now accept bitcoin with a simple click of a button.
TX-based Pivotal Payments has completed certification for point-to-point encryption (P2PE) for its FlexPoint integration platform, further bolstering security at the point of sale by adding the highest level of cardholder data protection available.
Rêv Worldwide, a payments processing and product innovations company announced that Yobie Benjamin has been appointed and elected Chairman of the Company’s Board of Directors.
CardWeb.com’s CardConferences today features the ACFE GLOBAL FRAUD CONFERENCE, June 14-19, 2015 at Inner Harbor in Baltimore, Md.
Vancouver-based NuData Security has beefed-up NuDetect with an expanded array of behavioral biometric sensors producing 97% accuracy in verifying a user’s identity. The solution’s improved user interface acts as an “early warning system” that makes high-risk events easily accessible to security teams.
CardWeb.com’s CardData database of Company Profiles today features payment services provider AsiaPay. The Company serves over 3,000 merchants and almost 20 financial institutions in Asia. Joseph Chan founded AsiaPay in 1999.
London and Los Angeles-based inAuth snagged a new top executive from Monitise. Lisa Stanton, formerly the President of the Americas for Monitise, will now serve as InAuth CEO.
SumUp has integrated Bitcoin into its mPOS solution through BitPay. The integration means that any bricks and mortar retailer can now easily accept Bitcoin payments. With SumUp’s streamlined checkout process, the customer simply confirms the amount with a single click on their smartphone after scanning a QR code or using NFC broadcast. For merchants, accepting Bitcoin payments means that issues with fraud concerns or credit card chargebacks are erased from the equation. After having launched a proprietary Chip & PIN terminal in its major European markets, SumUp is now building an open network by accepting different alternative payment options, such as Bitcoin and soon to follow Apple Pay.
A new survey finds nearly half of respondents had fallen victim to at least one data breach and 45% say they are not confident they know all instances of when their personal information has been leaked.