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Fraudster Hunter: Delivering a strategic advantage to financial organisations to stop fraud at the source

– Minimize the impact of fraud on legitimate customers
– Set honeytraps that can be used to detect and counteract fraudsters’ reconnaissance efforts and attacks against other banking customers
– Share account registration details, identities and locations with international police to show there are real world consequences to online fraud
– Make fraud less profitable and riskier for the perpetrators

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Online fraud lessons learnt in 2020

– There has been an increase in fraud seeking to circumvent payments security
– Behavioral biometrics took steps towards becoming a foundational cybersecurity technology
– Fraud prevention in 2021 will become as much about response as detection

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Chargebacks911 and Fi911 drives APAC expansion with the appointment of regional Director of Business Development

Merchant dispute technology specialist, Chargebacks911, is driving its ambitious growth plans in the Asia-Pacific (APAC) region with the appointment of its new Director of Business Development, APAC – Jia Min Tan.

Being based in Singapore, Jia Min will help facilitate the growth of Chargebacks911 and Fi911 (its new brand for financial institutions) in APAC, while bridging any language barriers that may be encountered in the region.

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A Cash-Free World through Biometric identification: Why and How?

The future of global commerce could be a cashless society, many experts predict, and that puts the burden on financial institutions to make sure their customers’ data is secure and protected.

As digital banking rises to replace the more traditional industry, one phenomenon has arisen hand-in-hand with it and that is the use of biometric technologies.

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AI Advancements in the Digital Banking Industry

The rise of digital banking has taken the traditional financial sector by surprise and for many good reasons. From pioneering the art of customer service online to using artificial intelligence to handle many of their operational tasks, digital banking is not just a glimpse of the future of finance. It is a peek into the future of the world of business itself.

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Why Covid-19 is Good for the Digital Transformation of Businesses?

The COVID-19 pandemic is nothing less than an inflection point for the global economy. From this point on, people will discuss business in terms of pre-COVID-19 and post-pandemic, and for good reason.

The global pandemic has initiated changes in the global supply chain that were slowly developing before but that are now becoming more prominent features of the landscape. Not only are companies pulling resources in towards the home base, but also they are recentering their businesses for the digital landscape.

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Four Predictions for Fintech and Payments in 2021

Richard Hodgson, Chief Financial Officer, Global Processing Services (GPS), gives his predictions for the Fintech and Payments space in 2021, from the effects of COVID-19 on consumer behaviour, to fintech investment, to the future of financial inclusion in the industry.

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Contis joins forces with Mastercard as principal issuing member in Europe

Leading European payments fintech Contis announces its partnership with Mastercard as a principal issuing member.

With the addition of Mastercard, Contis delivers one of the most comprehensive end-to-end Banking-as-a-Service (BaaS) platforms, including direct access to both of the world’s leading payments networks.

Platform integration work is starting immediately, with expected go-live on the Mastercard network by Q2 2021.

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Paynetics becomes member of the The Payments Association

Here at Paynetics, we are proud to announce that we have become a member of the The Payments Association. Our membership of the Payments Association is also further recognition of Paynetics as a trusted e-money institution. It’s the next step in our mission to simplify payments and pioneer the role of Europe’s leading regulated enabler to power both established brands and the next generation of fintechs.

For those of you that are fellow Payments Association members, please do get in touch and know that our door is always open.

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Judopay launches JudoAccept to support SMEs through COVID-19 recovery

Judopay has launched its integrated payments offering, JudoAccept, that will help SMEs maintain safety and social distancing measures at the checkout as highstreets reopen.

JudoAccept totally removes the need for interaction with any sort of payment terminal by allowing businesses to use smartphones and tablets to present the customer with a QR code that can be scanned by their devices at a distance.

Removing the need for costly payment terminals, integration resources and development time, JudoAccept also presents companies with a cost-effective alternative to usual payment methods as they operate in the current economic downturn. It can also be used can also create and send payment links for items such as takeaway food, taxi fares, invoices or utility bills.

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TagNitecrest develops Recycled PVC cards.

UK based payment card manufacturer TagNitecrest is bringing a new sustainable card option to the market for card-issuing banks. Having first introduced a degradable payment card, in 2019, the manufacturer can now offer a recycled PVC card option.

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Consult Hyperion’s Live 5 for 2021

At Consult Hyperion we always round off the year with some time reflecting on what has been, and kicking off our thinking for what’s ahead. This is our Live 5. Readers over the years will know our Live 5 traditionally takes market insight, coupled with research and conversations with our clients; then we consolidate our thinking and detail four short- to medium-term trends and one that’s perhaps not as obvious, or maybe a little further out. When we reviewed previous years, we’ve been a pretty good weather vane. 2020 has been a year like no other, so our Live 5 is taking a slightly different approach. If 2020 has taught us anything, it is that the best laid plans can be rendered irrelevant by a “black swan” event.

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Cybertonica brings enterprise-level anti-fraud solution to Shopify

eComm360 Fraud Prevention by Cybertonica, a new solution from the intelligent #fraud and risk management provider, is now available to Shopify merchants. The product offers enterprise-level protection and enhanced conversions while eliminating the headache of fraud and #chargebacks. This allows small and independent online businesses access to the same expert solutions as #ecommerce powerhouses.

The announcement comes following the busiest online #BlackFriday ever recorded – which saw a surge of nearly 22% on a year ago to $9 billion.

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Member benefits include free tickets, discounts to more tickets, elevated brand visibility and more. Sign in to book tickets and find out more.