4 Payment Security Trends for 2019
Visa’s chief risk officer anticipates some positive changes ahead. Change that leads to improvement is usually good, in my opinion, and in my role at Visa, I anticipate some healthy changes ahead for the payment industry. Of course, no one can perfectly predict what is to come, but here is my take on four notable…
Retail Security Hygiene: The Case for Seasonal Checkups
The winter holidays offer big potential for retailers, with some companies earning around 30 percent of their annual revenue during the season, according to the National Retail Federation. Big sales numbers, however, also drive increased risks of fraud and theft, and businesses are now spending on extra security measures to keep physical stores safe. But…
The untapped potential of machine learning for detecting fraud
E-commerce fraud protection company Signifyd has recently signed up behavioral analytics expert Long-Ji Lin to fill the position of Chief Scientist. “For advertisers, Lin perfected his model’s ability to predict which users would take each desired action, such as a clicking on an ad or purchasing from an advertiser. For e-commerce merchants, Lin is focused…
PCI 3.2 Compliant Organizations Are Likely GDPR Compliant
PCI DSS version 3.1 will be retired on October 31, 2016, with version 3.2 being the only valid version beginning the 1st of November. From that date, any new validation of PCI compliance will have to be against version 3.2. The new requirements will, however, be considered ‘best practices’ until Feb. 1, 2018 when they…