CN Balancing Merchant and Customer Risk: Managing Fraud in POS Payments

[admin]

Joining FinextraTV at Diebold Nixdorf's Intersect Cannes event, Samo Kumar, CEO, Bankart discussed the increasingly modernised world of POS financing. As payments have become faster, more real-time and phone-first, Kumar addressed the need for stronger fraud protections. He mentioned that banking, in this area in particular, is no longer about competition but industry collaboration to protect a mutual consumer. Equally, Kumar explains how the balance is particularly complicated as it is not just protections on the consumer side, but also on the merchant side.

Source: https://www.finextra.com/videoarticle/3 ... nextrafeed