Category Archives: Fintech

Decrypting the Cyber Monday Fraud Risk

Monday, 26 November is one of the most awaited Online Shopping Days of the Year and it’s just around the corner. It is the time that everyone waits and while you free your purse strings for buying your favorite gadget, tool, and various products available at mega discounted prices. While eCommerce and mobile payment volumes

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Podcast: Bridging Security Gaps In Contactless Payments With Sriram Natarajan Of QPS

The contactless payment terminals market is projected to reach $28.7 Billion by 2023. With evolving payment challenges, businesses need to guard against fraudulent transactions. In a podcast interview with Information Security Media Group (ISMG), Sriram Natarajan shares his views on contactless payments and why it is imperative for businesses to balance security with customer convenience.

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QPS’ Full Service Payment Gateway for Increased Sales with Minimal Chargeback

Enabled by advanced technology, the continued year on year growth in online shopping has been fueled by consumer’s demands for greater convenience and value. For businesses, this trend poses both significant challenges and opportunities. Today, consumers are shopping round the clock and virtually from everywhere. In a truly global online marketplace, products can be easily

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$40 Billion Dish Of Online Fraud, Served Cold To Businesses Annually

In a world of digital transactions and open communication, payments habitat is vulnerable to credit card fraud. Credit card fraud can be disruptive to an organizational framework, damaging a business’s credit report and can often be taxing for a company to investigate its root cause. To avoid premature discovery, fraudsters engage in low-level testing also

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5 Cyber Security Trends Set to Impact the Payment Industry in 2018

As cyber threats continue to dominate the payment industry, organizations are constantly in search to protect their data from breaches and other malicious activities. In the year 2017 – A stark rise in cyber-attacks was observed, a proof of impending dangers a clear indicator of what lies in store for 2018. A recent study predicted

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upcoming event thanksgiving day 2017 USA

Harvest Fraud Prevention Strategies This Thanksgiving

Americans are set to fire up their credit cards, spending billions of dollars in the shopping frenzy of this holiday season. Thanksgiving 2017 – November 23rd is just round the corner and fraudsters are expected to scrounge on merchants. This not only includes merchants that accept credit card payments online but also over the phone

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What Quatrro Brings For Business At Money 20/20, 2017?

Consumers are investing most of their spending power in the digital space, purchasing goods and services via the online and mobile channels that they have traditionally bought in brick-and-mortar locations. As spending patterns have evolved, fraudsters have shifted their focus on digital merchants and developed new techniques to exploit the online and mobile channels. Currently,

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money 2020 las vegas fintech event oct'2017

Potent Blend of Payments Ecosystem at Money 20/20, 2017

Organizations are finding it difficult to detect adept fraudsters, who move nimbly across various channels, impersonating as genuine customers. Due to advanced attacks by fraudsters financial institutions (FIs) and merchants continue to fall prey, resulting in significant financial losses, considerable reputational damage, and loss of customer trust. A recent massive breach at a leading credit

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dci annual conf for FIS

The Future of Banking Tech Is @ The DCI Conference, 2017

Financial institutions (FIs) are under unprecedented pressure from the confluence of escalating fraud threats. From losing customer’s trust to heavy financial losses, fraudulent activities can shut down any business. With a continuous surge in payment fraud and social engineering manipulations, financial institutions have turned into a fertile ground for a variety of financial fraud. Fraudsters

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fintech digital prevention

FinTech: The Poster Boy of Disruption in the Payment Industry

Welcome to the future of banking where large tech companies, startups and financial services providers are competing for their slice of customer convenience in a highly competitive marketplace. The meteoric rise of FinTech is the inevitable result of an increasing consumer demand, to facilitate and ameliorate financial and banking procedures by harnessing the power of new

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