“In an ongoing effort to bring people into the Apple Pay ecosystem, Apple is now offering $15 off at 1-800-Flowers when checking out with its mobile payment service. Just in time for Valentines Day, Apple is giving users a $15 discount at the merchant when checking out with Apple Pay. This offer is valid online, […]
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ID Analytics Introduces Comprehensive Solution to Address Multifaceted Synthetic Fraud Challenges
“Today synthetic identities are not always created using valid information from multiple consumers. Many are composed of invalid information with no ties to a known consumer – making them increasingly difficult to detect. With no victim to report that their identity has been stolen, or conflicting personal identifying information (PII) to raise a red flag, […]
Retailers Were Inundated With 10 Billion Credential-Stuffing Attempts In Just Eight Months
“In the Web-services provider’s most recent “State of the Internet Security” report released Wednesday, Akamai says criminals like credential stuffingbecause it’s a numbers game. It’s an integral element in taking over a legitimate account to appear as the bona fide customer, thus skirting anti-fraud measures. In credential stuffing, criminals pull data from a database containing valid […]
A Court Ruling May Affect Acquirers’ Ability to Pass Along Data-Breach Fines to Merchants
“A common assumption among merchant acquirers and retailers is that merchants are the ones who ultimately are liable for network fines after a merchant’s data breach. But a recent decision by a federal appellate court that ruled against First Data Corp., the nation’s largest payment processor, sends a message that such assumptions aren’t always valid. […]
E-payment Giant Cielo Exempts Customers From Fees in Brazil
“In order to reinforce its focus on expanding its small customer base, Cielo starts this Tuesday (1) a promotion that exempts buyers using its card machines from the transaction fee. The discount will be valid for three months (or up to BRL 1,500 in sales) for all who buy the devices of the company itself or its […]
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