Forter’s Post

What it is: Those fancy chip cards? Yep! The EMV chip encrypts your card data for each purchase, making it virtually impossible to steal compared to the old magnetic stripe. 💡EMVCo, created by Europay, Mastercard and Visa creates standards to ensure your payments are fast and secure. 🔒More security, less fraud: EMV helps reduce counterfeit card fraud, protecting both you and businesses. 😌EMVCo = peace of mind: All payment readers must be EMVCo certified. Knowing your transactions are secure gives you one less thing to worry about! #NFC #NearFieldCommunication #WirelessTech #TechInnovation #BusinessTips #TechInBusiness #DigitalBusiness #Reels #ReelTips #SocialMediaReels #BizTech #FYP

As credit card fraud continues to evolve, staying ahead of the curve is essential. EMV chip and PIN technology provides robust protection against card fraud, ensuring peace of mind for both businesses and consumers.

What it is: Those fancy chip cards? Yep! The EMV chip encrypts your card data for each purchase, making it virtually impossible to steal compared to the old magnetic stripe. 💡EMVCo, created by Europay, Mastercard and Visa creates standards to ensure your payments are fast and secure. 🔒More security, less fraud: EMV helps reduce counterfeit card fraud, protecting both you and businesses. 😌EMVCo = peace of mind: All payment readers must be EMVCo certified. Knowing your transactions are secure gives you one less thing to worry about! #NFC #NearFieldCommunication #WirelessTech #TechInnovation #BusinessTips #TechInBusiness #DigitalBusiness #Reels #ReelTips #SocialMediaReels #BizTech

With the rise in online shopping, businesses must implement proper security measures to protect themselves and their customers from payment fraud. Our comprehensive KYB services help you verify customers’ identities and perform enhanced due diligence with real-time monitoring to ensure secure payment dealings. So, try KYB’s verification services and secure your online retail business! #retailbusiness #verification #kyb #enhancedsecurity #paymentfraud #realtimemonitoring

Heading to CS Week? Don't forget to visit ACI's Booth (Booth 1009)! We've got some exciting things in store for you. Learn how we're revolutionizing payments by accepting Alternate Payment Methods and advancing Digital Engagement opportunities with Mobile Wallets. Plus, discover how your company can leverage ACI's state-of-the-art AI-based Fraud Prevention tools to stay ahead of the game. See you there!

Unlocking the potential of network tokens 💳, strengthening fraud prevention strategies 🛡️, and meeting evolving consumer payment preferences 🌐 — these are the trends that our Head of Payments, Theo Spyrides, sees many merchants focusing on this year. Do you agree? Drop a comment below to let us know what you're focusing on this year 🤔. And read our blog to learn more about what trends the Primer team believes will shape 2024 👉 https://lnkd.in/ewX9gxGb

The European payments landscape is evolving. The introduction of the Payment Services Directive 3 (PSD3) and the Payment Services Regulation (PSR) will enhance security, foster innovation, and offer robust consumer protection, revolutionizing merchants' operations. 🔏 Are you ready to revolutionize your payment processes? Discover more about stronger customer authentication, new fraud prevention measures, and enhanced accessibility in our recent blog: https://lnkd.in/ek_syQ75

In 2023, payment fraud against U.S. businesses surged by 71%. As we navigate 2024, peer-to-peer payment fraud remains a significant challenge. Simplici's multilayered biometric authentication safeguards customers by verifying sender and receiver identities before transactions are complete, preventing fraud in real-time and reducing unauthorized losses. Our advanced verification system allows senders to reject unverified transactions, ensuring security and compliance through seamless reporting and monitoring. Whether sending money to loved ones or settling bills, Simplici's real-time P2P solution offers peace of mind. Our biometric safeguards make Simplici the secure and trusted choice for fast payments in 2024 and beyond. Choose Simplici for secure, simplified money movement. Reach out to Jim Delaney to learn more. #PaymentFraud #P2PFraud #BiometricVerification #Simplici #FraudPrevention #SecurePayments #RealTimeTransactions #FinancialSecurity

PCI stands for Payment Card Industry, and the primary goal is to safeguard sensitive cardholder data and maintain trust in the payment card industry.   Until PCI was created, the five major credit card brands, Visa, MasterCard, American Express, Discover, JCB all had their own security standards. And in 2004, they all got together, formed the PCI, and created a unified set of security requirements, starting with defining what data needs to be protected, which you can see below, data like the primary account number or PAN, cardholder name, expiration, verification, stripe and chip data, PINs and more. #PCI #PCI_DSS #Security #Vulnerabilities

Electronic payment solutions make purchases easier for customers. However, don’t take for granted. These systems can expose customers and businesses to things like chargeback fraud and identity theft. The right measures need to be implemented, such as EMV technology, which helps prevent fraud. Consider SSL #encryption, which ensures all online customers use a secure connection while interacting with your website and their payment provider.