Pideeco’s Post

In today’s digital world, trust is everything. Whether you’re a small business owner or managing large-scale operations, knowing that your payment gateway is secure gives you the peace of mind you deserve. At Glidexpay, we understand the importance of safeguarding your hard-earned revenue and the sensitive data that comes with it. That’s why we’ve built an impenetrable wall of security around every transaction. From cutting-edge fraud prevention tools to state-of-the-art data encryption, our system is designed to protect your business and your customers, no matter the size or scale of your operations. With 24/7 monitoring, you can rest assured that every transaction is processed with the highest level of protection. When it comes to security, Glidexpay leaves nothing to chance, because your trust is our top priority. Visit: https://bit.ly/3WcbKl9 #Payment #paymentoptions #Payment #paymentoptions #ecommercentgateway #paymentsolutions #paymentprocessing #GlideXpay #PaymentGateway #GamingPaymentGateway #ZeroFeePaymentGateway #ecommerce

In 2023, losses to online, e-commerce and remote payments fraud in APAC were over $10 billion, largely from card-not-present (CNP) transactions. At #NGP2024, James Daniels from Fime explains how advanced authentication technologies, including Passkeys, tokenization, and risk-based authentication can address specific vulnerabilities in digital payments by minimizing exposure to stolen credentials, securing sensitive information, and adapting security measures to transaction risk. James will also discuss APAC’s unique fraud prevention challenges, including fragmented regulatory adoption, and draw comparisons with global best practices such as Europe’s PSD2. https://lnkd.in/gC2Hv7kY

Looking forward to speaking at #NGP2024 on tackling CNP fraud in APAC. I’ll share insights on modern authentication technologies to secure digital payments while enhancing user experience. See you there!

Criminals are increasingly targeting consumers directly, but that doesn’t mean the threat to merchants has abated. In triangulation fraud, for example, cybercriminals create fraudulent e-commerce storefronts and offer steep discounts on popular items. The orders are fulfilled by legitimate merchants, but the payment data is compromised. According to Visa’s Spring 2024 Threats Report, triangulation fraud alone can cost merchants up to $1 billion per month. It is just one of the increasingly sophisticated methods criminals use to target consumers and organizations. However, merchants can utilize solutions to optimize their fraud prevention mechanisms and navigate the shifting fraud landscape. Read More: https://ow.ly/3Oat50TpqYB #AI #biometricauthentication #fraud #merchants

In 2023, it was projected that online businesses lost US$48 billion globally due to payment fraud. It's vital that business have the right fraud measures in place to implement robust and compliant security measures to safeguard their customer’s sensitive information and help manage chargebacks. PSD2, SCA and 3D Secure 2 all relate to reducing fraud and enhancing online payment security. In our latest blog article, we delve into the benefits and differences between PSD2, 3DS2 and SCA: https://bit.ly/4b39SRV #paymentsolutions #riskmanagement #paymentsecurity #eCommerce #onlinepayments

Did you know that Card-Not-Present (CNP) fraud has emerged as one of the biggest threats for ecommerce players, evolving together with the digital economy? On page 35 of The Paypers’ 𝐅𝐫𝐚𝐮𝐝 𝐏𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐨𝐧 𝐢𝐧 𝐄𝐜𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 2024-2025 ➡️ https://bit.ly/3XJppkv, Mantas E., Head of Payments and Risk at Eneba details why the fight against this fraud type has been proving to be ‘ecommerce’s hidden foe’. When heading to his article, you’ll find great insights related to: ✅ The impact of CNP fraud; ✅ Strategies for managing CNP fraud. 💬 According to Juniper Research, online payment fraud has resulted in USD 38 billion in losses for ecommerce merchants in 2023 and is expected to grow by approximately 20% annually for the foreseeable future. Check out our flagship report to find out how to best protect your business against this ongoing threat. ➡️ https://bit.ly/3XJppkv #CNPfraud #fraudprevention #ecommerce #merchants #onlinetransactions #fraudlosses #cardingattacks #phishing #socialengineering #ATO #triangulation #digitalcommerce #marketplaces #chargebacks #3DS #AI #machinelearning #ML #dataanalysis #ThePaypers

60% of data breaches in retail stem from compromised insider access! That means the greatest threat might already be in your system. With the rise of digital payments, customer accounts, and supply chain systems, retail businesses are more vulnerable than ever. That’s where Privileged Access Management (PAM) steps in! 🚀 🔐 PAM helps to: Monitor and control access to sensitive data Prevent unauthorized changes to your IT infrastructure Simplify compliance with GDPR and other data protection laws Don’t let a cyberattack be your wake-up call. Secure your privileged accounts now! #ARCON#PrivilegedAccess #IdentitysecuritySolutions#PAM

🔍📚Embark with us on the last journey of this year’s Fraud Prevention in Ecommerce Report 2023-2024, as we go through a comprehensive list of #solutionproviders in #fraudprevention. ⏳Make sure to download your FREE copy of the report here ➡️ https://bit.ly/47N4uAc to find out how to deploy the latest tools and capabilities to deter a wide array of fraud types, including AI, friendly fraud, ATO, identity fraud, and others. 💡 Stay in the loop with key #fraudprevention topics as we prepare for another successful issue of The Paypers’ Fraud Prevention in Ecommerce Report! A special shoutout 📣 to our committed contributors who always make the report insightful and full of relevant content for our dedicated readership: Netcetera , PayPal, Sift, Worldline.

Is your #ecommerce business prepared to tackle security challenges head on? 🛡️ Rapyd's Chief Compliance Officer, Dr. Shlomit Wagman, shares her expertise on fraud prevention and regulatory compliance in The Paypers "Fintech for Marketplaces and Platforms Report 2024." Discover key insights on: 🔹 Battling fraud and safeguarding transactions 🔹 Navigating international compliance 🔹 Ensuring data security in the digital age 🔹 Embracing AI innovations 🔹 Educating consumers and building security Equip your business with the knowledge to protect against emerging threats. Download the full report now: https://lnkd.in/eUy6ytAM #Fintech #FraudPrevention #Compliance #ThePaypers

Bingo! Hey LinkedIn #payments people - James Sherwin-Smith will be attending #Pay360 in London tomorrow (Tuesday) - please drop him a note if you’d like to chat and complete his bingo card: 🐌#RealTimePayments but slower because firms can’t keep up with the speed of fraud 🪞#AuthorisedPushPayments and the CRM - and deflecting onto big tech 🔜#OpenBanking and all the xISPs 🚨#Fraud, #Cyber and other threats 💪#Resilence (👀 Sainsburys…) 🕵️♀️ #Regulation, compliance and licensing 🔐#CBDCs, coins (stable and less so) 🤖#AI and the latest rebadging of algorithms