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Buy now, pay later BNPL has gone global, empowering people to set up their payments on a predetermined schedule. It gives people more control over their finances and the convenience of acquiring the goods and services they want on terms they can afford 鈥?all after a quick, easy onboarding process. Weve minimized the amount of friction and effort it takes, and thats what makes it such a beautiful product, said Neuro-ID CEO Jack Alton in a
stanley germany n interview with PYMNTS Karen Webster. But doing that also opens it up to identity and fraud risk. Call it the Achilles heel of BNPL. Alton said attackers have found that the legacy identity theft techniques they once used to open bank accounts suddenly have a
kubki stanley new lease on life. And the skinny application processes can leave customers wide open to all manner of more sophisticated fraud and bot attacks.Read more: Why Merchants Biggest Fraud Problem Isnt the Payments Consumers MakeUnderlining his point, Alton rattled off a list of recent attacks his companys customers witnessed. Just a few weeks ago, a major card issuer
stanley ca was hit by more than 60,000 fake applications in the space of a week, he said. He also saw a publicly traded lender get hit by a fraud attack that originated in Atlanta. And another large merchant onboarding company was hit by three separate fraud rings in three weeks. When we look at the fraud ring attacks, we see the frequency and intensity really going up, he said. And were seeing that once a small hole has been expose Yhao Brexit And SPAC Boom Lure UK Tech Companies To US
Citi and ATT have brought another co-branded card to the market, the companies announced last week.The deal is part of the new聽ATT Access More card that enabled consumers to receive a new smartphone, or聽reimbursement for a new phone as part of the sign up. The
stanley website co-branded partnership allows consumers to purchase the smartphone via the Citi card, which is then聽reimbursed through the cardmember statement 鈥?in an amount up to $650, as long as $2,000 in purchases within three months is met. This is a unique offer 鈥?and the only co-brand credit card offered by a telecommunications provider in the U.S., Emily Collins, a spokeswoman for Citi said in an interview. The combination of
stanley termos the new smartphone benefit, and ability to earn points for purchases at online retail and travel sites, made on their smartphone or any device, will resonate strongly in todays wireless world where eCommerce purchases are growing. The partnership also a
gourde stanley llows consumers to earn points when they shop online or while using that ATT device to shop. With the ATT Access More card, you can earn a statement credit for a brand new phone and get more points every time you make a purchase from ATT or shop online 鈥?on any device, said聽Ralph Andretta, Head of North America Branded Cards of Citi.Other features highlighted by the companies include the option to make purchases via聽Citi Wallet, or receiving聽complimentary FICO scores. Cardmembers also receive damage and theft protect
