Remove eCommerce Remove Numbers Remove Securities
article thumbnail

Securing The New Commerce Normal

PYMNTS

For all that has changed dramatically in the last several weeks due to the coronavirus pandemic, consumers are still looking for the same two core offerings in every transaction, no matter what it is or where it takes place: seamlessness and security. An awful lot of other things have changed all around that core, however.

article thumbnail

Entersekt, Netcetera Team Up On eCommerce Payment Security

PYMNTS

The company recently announced that the software company Netcetera implemented the authentication system for Bank-Verlag, a company that makes and provides secure services for Germany’s banks. The authentication solution lets consumers approve eCommerce payments by using their mobile bank apps.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Fiserv: Merchants And The Need Multilayered Security In A Digital-First World

PYMNTS

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. In fact, it’s becoming more valuable than card information itself.

article thumbnail

eCommerce Fraud Presents A $12 Billion Problem

PYMNTS

With the coronavirus putting eCommerce front and center, it has unfortunately been joined by its cousin: online retail fraud. According to online security company Signal Sciences , eCommerce retailers deal with an average of 206,000 web attacks per month. percent of all eCommerce fraud , is still account takeover.

article thumbnail

Visa Expands Visa Token Service, Eyes eCommerce ‘Balancing Act’

PYMNTS

The bad actors are eyeing eCommerce and specifically card not present transactions as promising attack vectors. In terms of mechanics, the tokens replace cardholders’ 16-digit Visa account numbers with tokens that only the payments network can unlock for one-time or recurring transactions. The Click To Pay Transition.

eCommerce 100
article thumbnail

How Zulily Balances Friction And Security To Make eCommerce Sticky

PYMNTS

Retailers therefore have to determine the number of speed bumps their customers are willing to put up with as well as the special features they can offer to encourage shoppers to overlook these minor inconveniences. . That is something that can be used [in security efforts], depending on the specific issue or the resolution.” .

article thumbnail

In Europe, Building The ‘Bridge’ Between eCommerce Merchants And Traditional Banks

PYMNTS

Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital. But eCommerce, she said, is a different story. and FX Payments in 134 currencies.