Payments

The payments landscape for community banks is changing rapidly as traditional payments converge with new instant payment systems and emerging cryptocurrencies. It is critical for Community Banks to maintain awareness of developments in the payments space to assess new opportunities, mitigate risks, and ensure that their payment strategy aligns with overall business plans.

Payments News

Understanding Velocity BIN Attacks and How to Address Them

Dec 7, 2021 | Bancard Confidential
It’s Friday night and you are enjoying your well-deserved, stress-free night when your work phone rings. It’s your call center manager informing you of a rise in complaints of unauthorized transactions—all at the same merchant.

Telltale signs to avoid becoming a victim of a social engineering attack

Dec 7, 2021 | Bancard Confidential
The financial services industry is constantly under siege against would-be fraudsters seeking to exploit vulnerabilities—system or man-made—to launch an attack.

Multi-Factor Authentication – Widely Adopted, Effective Protection

Dec 7, 2021 | Bancard Confidential
Static passwords alone are no longer a viable tool for identifying customers. With payments fraud rising year after year, and consumers becoming more comfortable with making payments online, the importance of authentication has never been more crucial.