FIS taps Visa B2B connect for cross border payments, Facebook bullish on eCommerce, Why fraudsters target dead people

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April 25, 2019

Cybersecurity

Fraudsters' Latest Target: Dead People

Fraudsters have long targeted the deceased in hopes of big criminal paydays. Now, in the digital age, the techniques are getting more sophisticated, and can pull in bigger hauls. In a discussion with Karen Webster, Trulioo General Manager Zac Cohen takes a look at this bleak landscape and offers prevention solutions. Here are the details.

 

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Visa Earnings

B2B And Contactless Drive Visa Earnings

Cross-border results slow, and various currencies are headwinds to at least some international results, but spending on debit and credit cards continue as Visa posts earnings that topped — and revenues that met — fiscal Q2 expectations. CEO Al Kelly points toward long-term opportunities in Europe, India and B2B payments, where momentum is building.

 

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Digital Commerce

Why Checking The Age Verification Box Online Isn’t Enough

If one wants it, they can likely get it online — alcohol, tobacco products, cannabis (in some states) — if they’re of age, of course. However, age verification for sales is lacking on most merchant sites. Matt Fields, VP of AgeChecker.Net, tells PYMNTS that change is coming, and firms are suddenly scrambling to get ahead of the curve (and the FDA) instead of lagging behind.

 

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Faster Payments Tracker™

When Employee Debt Becomes Employers’ Stress

Recent studies show that financially stressed employees are more distracted and less effective at work. That’s why companies like Uber and Lyft are tackling the issue by providing early access to earned wages. Other industries want to follow suit, but they must do so without exposing workers to overdrafts and budget shortfalls, or they risk exposing themselves to costly liabilities. In this month’s Faster Payments Tracker, FlexWage CEO and Founder Frank Dombroski discusses how to avoid those pitfalls.

 

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