Is EMV the magic bullet for payment fraud?

When you hear about another credit card breach (this time it was Arby’s), you might become a little frustrated. For two years we’ve heard so much about the benefits of EMV in reducing fraud, so why are these breaches are still happening? The Payments Review summarized it well in a recent article discussing the Arby’s breach. What Arby’s… more

Stop Accepting Fake IDs: Discover Automated ID Verification

More than 17 million people experienced identity fraud in 2014, according to the Department of Justice. And in 25 percent of the cases, the victims’ stolen information was used to defraud financial institutions. You could be doing more to protect yourself and your customers, and it starts with better ID verification and detection of fake IDs. Furthermore,… more

Instant Issue Debit Cards: Buyer’s Guide

With a new year come new business objectives, and client acquisition is likely high on your list alongside increasing client revenue and engagement. More than 2,000 national banks and community financial institutions have already discovered that instant issue debit card solutions can be a powerful vehicle for achieving those goals. It helps get debit cards into clients’ hands… more

Gemalto to acquire 3M’s Identity Management business

Gemalto has entered into agreements to acquire 3M’s Identity Management business for $850 million. 3M’s Identity Management business provides a full spectrum of biometric solutions (finger, face, iris and more), which can be leveraged by banks to improve identity verification for opening new accounts and enabling new services on digital channels, like mobile and tablets. Read the… more

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