One in Ten U.K. Consumers Victim of Payments Fraud – ACI Worldwide Report

Online fraud and digital wallet hacking now account for nearly 20% of U.K. fraud Individuals falling victim to confidence tricks has increased to 12.8% ACI Worldwide calls for a radical rethink of fraud fighting strategies and industry-wide collaboration More than one in ten people in the U.K. (12.1%) have fallen victim to payments fraud in

ACI Worldwide Scoops Emerging Technology Award at the Analytics Institute of Ireland 2022 Analytics & AI Awards

ACI recognized for the leading application of emerging technology; Anju Joseph receives top honors as Analytics Practitioner of the Ye ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, picked up two highly-contested awards at the recent Analytics Institute of Ireland Analytics & AI Awards, held in Dublin. In the Emerging Technology Award category,

Entersekt announces New Investment from PAPE Fund 3

Entersekt, a global leader in device identity and payment authentication, today announced a new investment from PAPE Fund 3 (PAPE), an established mid-market South African private equity fund. The transaction was signed on 24 May 2022 and follows an investment by Silicon Valley-based Accel-KKR in December 2021. Entersekt was founded in Stellenbosch in 2010. The

EMVCo Announces Development of EMV® Contactless Kernel Specification to Simplify and Advance Global Contactless Acceptance

EMVCo Announces Development of EMV® Contactless Kernel Specification to Simplify and Advance Global Contactless Acceptance Global technical body EMVCo has announced that it is developing an EMV Contactless Kernel Specification to simplify and advance global contactless payment acceptance. Following a detailed review with EMVCo Associates in February and March, a draft specification is now available

Entersekt Partners with Capitec Bank to boost Security and Reduce Friction for E-commerce Transactions

Entersekt integrates NuData Security’s behavioural analytics intelligence into its EMV 3-D Secure solution to provide Capitec customers with real-time risk-based authentication for online purchases Entersekt, a global leader in device identity and authentication solutions, today announced that Capitec Bank has implemented its innovative EMV 3-D Secure solution that boosts the security of e-commerce payments, while

Kenya Bankers Association: Bankers, Payments Firms and Retailers in Drive to Reduce Consumer Exposure to Fraudsters

Consumer education will play a central role in addressing emerging security challenges. During the launch of the Kaa Chonjo! (Be Alert!) card, mobile and online safety awareness campaign, players in the financial, payments and retail sectors highlighted the importance of continuing to empower the public with information on fraud prevention. In his remarks, Kenya Bankers

Entersekt: AI in Payments – it’s Safer for Everyone When Machines Know Us Best

The competitive advantage in modern business relies more and more on the customer experience. With the availability of technologies such as AI, data has become the most valuable asset. AI is turning our online behaviour, and even our common mistakes and typing quirks, into an effective way to keep us safe while making our user

AURA and FNB Partner to keep Customers Safe

FNB banking customers can now access instant emergency response services, anywhere, anytime via the FNB banking app. Powered by South Africa’s leading security and medical response marketplace, AURA, the convenient in-app panic button, GuardMe, is available to all FNB customers who register for the service. The cutting-edge solution allows FNB customers to immediately request rapid

Galix Certifies on Additional PCI Standards to Simplify Compliance Auditing

Galix Networking, local auditors for Payment Card Industry (PCI) Data Security Standard (DSS) compliance, has obtained certification in an additional two PCI standards, namely PCI point-to-point encryption (P2PE) Assessor and Card Production and Provisioning as Card Production Security Assessor (CPSA). This expanded PCI certification enables Galix auditors to cater to a broader range of client

Securing the Future of Payments: PCI SSC Publishes PCI Data Security Standard v4.0

The PCI Security Standards Council (PCI SSC), a global payment security forum, published version 4.0 of the PCI Data Security Standard (PCI DSS). PCI DSS is a global standard that provides a baseline of technical and operational requirements designed to protect account data. PCI DSS v4.0 replaces version 3.2.1 to address emerging threats and technologies