Fraud & Security

Mastercard Inc. announced Wednesday plans to expand its Digital First card program in North America by partnering with payment processors to provide guidelines for consumer experience with digital payment cards.  Processors Mastercard is partnering with include CoreCard Software Inc., FIS Inc., Fiserv Inc., Galileo Processing Inc., i2c Inc., Marqeta Inc., …

Sam’s Club, the warehouse-retail arm of Walmart Inc., is bringing its Scan & Go self-checkout technology to more than 500 Sam’s Club fuel stations. Called Scan & Go Fuel, the mobile-payment service will enable consumers to make contactless payments using the Sam’s Club app at 518 Sam’s Club locations by …

Beauty-products marketer Avon International has recruited payments provider Apexx Global to process consumer payments to Avon representatives across global markets. Apexx supports credit and debit cards, PayPal, Apple Pay, and Android Pay as well as local payment methods.As the holiday shopping season nears, 39% of merchants surveyed by PayPal Holdings Inc. plan to sell …

Human-initiated cybercrime attacks in the United States and Canada decreased 6% in the first half of 2020 compared to the same period in 2019, finds the biannual Cybercrime Report from LexisNexis Risk Solutions. Even automated bot attacks dipped—by 0.3%—in the period. But, as with all things related to online fraud, …

Payments provider Payroc Intermediate Holdings LLC has acquired technology provider Blackline Partners LLC, which does business as eConduit. Blackline provides a Web-based API by which software companies can enable clients to accept EMV payments.Visa Canada launched Click to Pay in that country. Click to Pay is based on the EMV Secure Remote Commerce standard for …

Stimulus-check fraud is on the rise, says Advanced Fraud Solutions, a High Point, N.C.-based provider of fraud-mitigation tools. Of 1 million checks screened by AFS, 41,000 have been identified as fraudulent, the company says. Legitimate checks were issued by the U.S. Department of the Treasury starting in March as part …

The chargeback process was introduced more than four decades ago as a consumer-protection mechanism. It was meant to inspire consumer confidence in payment cards, which were still a novel concept at the time. Fast-forward to today, though, and these forced payment reversals have evolved into a significant problem for online …

Fanatics, a retailer selling sports merchandise, is one of the first merchants to sign up for a point-of-sale installment payment service from Fiserv Inc. and QuadPay.Lightspeed POS Inc. made its shares available for purchase in the United States. The Canadian point-of-sale system developer also filed its application to list its shares …

Payments provider FIS Inc. on Wednesday began rolling out Access Worldpay, a suite of application programming interfaces intended to make it easier and quicker for merchants to implement new payment capabilities, such as mobile payments or tokenization, without having to work with multiple payment partners. Access Worldpay provides a single …

The data networks that connect payments and other financial apps to users’ bank accounts are scrambling to standardize data access by moving to application programming interfaces and away from an older, cruder form of access known in the business as “screen scraping.” The effort comes as financial apps gain popularity …