| Digital Euro could debut in 2-4 years, Instacart eyes early 2021 IPO, FTC raises red flags on companies buying startups | | | Jumio Digital Identity Tracker |
| US Mobile Adopts Digital Identity Protocols To Protect Against SIM Swap Fraud Exploiting stolen information to convince cell providers to migrate victimsâ phone numbers to new SIM cards has become a common tactic for bad actors to sidestep digital ID authentication measures. In this monthâs Digital Identity Tracker, PYMNTS talks to Ahmed Khattak, CEO of US Mobile, about how the carrier deploys device fingerprinting and location tracking to prevent SIM swap fraud. |
| As The SCA Deadline Approaches, Issuers Struggle With Preparedness Merchants? Check. Acquirers? Check. Itâs the issuers that might not be ready for PSD2 mandate of Strong Customer Authentication. Spencer McLain, vice president and general manager for EMEA at Ekata, tells PYMNTS thatâs why the deadline of Dec. 31 may actually stretch into Q1 of 2021. |
| PYMNTS TV: Fraud Prevention |
| PPP Fraud Reveals New Need For Banks To Use Geolocation Data Fraudsters follow the money, and this year a fair amount of it has flowed through the Paycheck Protection Program. Elizabeth Cronan, vice president of government relations at fraud prevention firm GeoGuard, tells PYMNTS that geolocation can help identify bad actors before they act. |
| PYMNTS TV: Touchless Payables |
| FIs and FinTechs Ally To Drive Urgency Around AP Automation AP Automation is still a weak link in digitizing accounting processes. In a PYMNTS TV episode, Karen Webster and executives from Mastercard, CSI, Huntington National Bank and Bank of The West agree that financial institutions (FIs) and FinTechs together drive the urgency needed to modernize the manual processes that have been in place for decades. |
| | Simility Digital Fraud Tracker | | KeyBank Battles Push-Payment Fraud With Machine Learning, Other Tactics Fraudsters are preying on consumersâ anxieties by turning to authorized push payment (APP) fraud for COVID-19-related schemes. Deploying multiple fraud prevention tactics is, therefore, a must if banks hope to spot complex scams and outfox bad actors, says Megan Kakani, vice president of product and innovation at KeyBank. In this monthâs Digital Fraud Tracker, Kakani explains how the bank pairs machine learning-based pattern recognition and stringent authentication measures to battle APP fraud. |
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