“…when the card is used for an online transaction, the card number itself doesn’t need to be transmitted, meaning that fraudsters can’t intercept it.” Online shopping is poised to get a little bit safer, with Visa announcing that 28 new partners are going to join its Visa Token Service. As its name suggests, the Visa…
FIS is making it easier for online merchants to accept Google Pay, adding the digital wallet to the Worldpay Hosted Payment Page (HPP) platform. FIS acquired Worldpay back in July. The technical integration is carried out entirely within the HPP product, so merchants that are already using Worldpay HPP can simply flip a switch to…
Intellicheck is offering to help retailers, banks, and other financial organizations struggling to deal with surging rates of online fraud during the COVID-19 pandemic. To that end, the company is making its Retail ID Web anti-fraud solution available for free for a period of 90 days. Retail ID Web leverages document recognition to verify people’s…
Computop has released a new biometric authentication platform that will allow online retailers to provide two-factor authentication and streamline the payments process on mobile devices. Computop is a payment processing company, while the Biometrics by Computop platform is compliant with the latest PSD2 standards. According to Computop, the new platform will allow online retailers to…
Worldpay is looking to reduce fraud with a new platform that uses machine learning to assess the validity of online transactions. Dubbed FraudSight, the new platform will examine prior online and in-store behavior to create a card profile that adds context to future purchases. FraudSight is specifically designed to address fraud that occurs during transactions…
“This could prove to be an important step forward in online security as more and more payment transactions are performed over online channels.” The biggest industry associations in the fields of payments, the internet, and authentication have announced a new cross-industry interest group aimed at fostering security and interoperability for online payments. The groups involved…
Yoti got a high-profile new partner for its mobile identity verification system at the end of the year: The company announced that its app is now supporting alcohol sales in a collaboration with Jägermeister. The Yoti app combines facial recognition with document reading to match users’ faces to their government-issued IDs, allowing for the remote…
“…their service will be focused on the areas of financial services, digital commerce, government services, and consumer-focused online services like music streaming and social media.” Mastercard and Microsoft have announced that they’re teaming up on a digital identity project. What exactly this project will entail is pretty vague at the moment. In a statement, the…
