Identity theft has shown to be a major problem for mobile
\nmerchants. As mobile payment options become more popular among small
\nbusinesses, so do the opportunities for fraud. Its not surprising that the use
\nof advanced prevention techniques is helping larger businesses stop more mobile
\nfraud attempts compared to small businesses.<\/p>\n
Mobile e-commerce merchants should thoroughly authenticate
Mobile devices create many new challenges to securing
[Contributed by EVS Marketing]<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Identity theft has shown to be a major problem for mobile merchants. As mobile payment options become more popular among small businesses, so do the opportunities for fraud. Its not surprising that the use of advanced prevention techniques is helping<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33],"tags":[],"class_list":["post-4549","post","type-post","status-publish","format-standard","hentry","category-phone-verification"],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4549"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4549\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\ncard-not-present transactions through mobile devices. We recommend creating a
\nmobile application with strong authentication to counter the threats of payment
\ncompromise and identity theft. These merchants should take extra steps to
\nverify the identity of both the consumer and the device and to mitigate fraud
\nthrough identity theft. With authentications
\nsolutions<\/a>, merchants can establish identity while protecting consumer
\npayment data. Maintaining open communications with financial institutions and
\nother mobile merchants will help you better understand the evolving nature of
\nfraud threats and solutions.<\/p>\n
\nInternet services. As mobile banking continues to grow, so will the security
\nweaknesses within the applications. Mobile payments applications should be
\nrevised to include stronger browsers, identification and authentication and
\neven biometrics to ensure users are who they say they are. Without enhancing
\nyour organizations fraud prevention solution, you will always be more
\nvulnerable to fraudsters. Like any good fraud
\nprevention<\/a> strategy the key to defending your business is with a layered
\napproach. Identity verification and authentication help contribute to a secure
\nlayered strategy. Optimizing your strategy with multiple layers of fraud
\nprotection is one sure way to protect your business and customers. <\/p>\n<\/p>\n