Fraud losses continue to plague ecommerce and online payments, with Juniper releasing the latest sobering statistics on merchant losses. Behavioral biometrics are identified as a trend for 2025 to help stem the tide, and Mastercard is enabling existing bank authentication methods including biometrics to be used with more merchants through Open Banking and Unzer’s payment gateway. The UK’s new payments strategy brings together Open Banking with strong customer authentication and digital identity to tamp down on fraud. Online merchants have historically avoided introducing stricter KYC requirements, fearing that the friction will discourage customers. But online fraud is rising. In 2023, global e-commerce merchants lost more than US$48 billion to fraud, a 16 percent rise compared to the previous year, to data from Juniper Research. A key technology to preventing fraud is biometric verification, especially facial recognition. E-commerce platforms should use biometric verification in combination with eID documents, the company says in its Fraud Prevention in E-commerce Report 2024-2025. Juniper Research also predicts that 2025 will see “dramatic shifts” in fintech and payments. While one of the most common forms of biometric authentication is currently facial biometrics, the research firm predicts that next year will see a wider deployment of behavioral biometrics. As a form of passive ID verification, it enables businesses to track user behavior allowing for ongoing authentication. Another change that we might see in 2025 is developing AI for automating and improving fraud prevention and identity verification. “We expect AI to be used at a more network and systemic level than ever before in 2025 within fraud, analyzing transactions in a channel-agnostic way and detecting patterns before major losses mount,” the company says in its paper. Last but not least, regulators may force Apple to open its NFC payment ecosystem, meaning that digital wallets such as those from Samsung or Google could potentially be adopted for iPhones. Berlin-based payments company Unzer will rely on Mastercard’s Open Banking-driven solutions to offer ecommerce payments across Unzer’s payment gateways in Germany, Austria and Denmark. Mastercard’s Open Banking allows any bank account holder to make fast digital payments directly to a merchant. The transactions are performed through existing bank authentication processes, including biometric verification. The payments giant has recently its plan to transform online shopping by 2030, using a combination of secure transaction tokenization and biometric authentication. Unzer offers online purchasing and in-store mobile POS systems for more than 85,000 merchants across Europe. The UK government has published a National Payments Vision in a bid to “cut through the current regulatory congestion” and boost its payments infrastructure. Open banking, digital IDs and fighting fraud are among the highlights of the document, in November. The UK wants to be a world leader in Open Finance which is why establishing a commercial model is critical for its development. Open Banking-enabled account-to-account payments for ecommerce will become a strategic short to medium-term priority. Many sectors would also benefit from a digital identity, the document states. The will create a basis for digital verification services without creating a mandatory digital ID system. Finally, to improve fraud fighting, the government is planning a revocation of the payment authentication regulations relating to strong customer authentication (SCA) in the Payment Services Regulations 2017, which requires biometrics. This will enable the Financial Conduct Authority (FCA) to incorporate aspects of the technical standards into its rules, allowing more flexibility for fraud prevention. The National Payments Vision is a response to the , led by Joe Garner. To achieve its vision, the government is establishing a Payments Vision Delivery Committee, a senior cross-authority group, chaired by the Treasury. | | | | | | |Australian Senate begins debate on world-first social media ban for children under 16super ace jili 333 。

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The 27-year-old achieved the feat with a 23-yard run during the fourth quarter of the Eagles’ crushing 41-7 success at Lincoln Financial Field. Barkley is 100 yards short of Eric Dickerson’s record of 2,105 yards, set in 1984 for the Los Angeles Rams, ahead of next week’s regular season finale against the New York Giants. Single-season rushing record in reach. — NFL (@NFL) However, he could be rested for that game in order to protect him from injury ahead of the play-offs. The Tampa Bay Buccaneers kept alive their dreams of reaching the play-offs by overcoming the Carolina Panthers 48-14. Veteran quarterback Baker Mayfield produced a dominant performance at Raymond James Stadium, registering five passing touchdowns to equal a Buccaneers franchise record. he BAKED today 👨‍🍳 — NFL (@NFL) The Buffalo Bills clinched the AFC conference number two seed for the post season with a 40-14 success over the New York Jets at Highmark Stadium. Josh Allen passed for 182 yards and two touchdowns, while rushing for another. Buffalo finish the 2024 regular season undefeated at home, with eight wins from as many games. The Indianapolis Colts’ hopes of reaching the play-offs were ended by a 45-33 defeat to the Giants. FINAL: Drew Lock accounts for 5 TDs in the victory! — NFL (@NFL) Malik Nabers exploded for 171 yards and two touchdowns and Ihmir Smith-Marsette broke a 100-yard kick-off return to give the Giants their highest-scoring output under head coach Brian Daboll. Quarterback Drew Lock threw four touchdown passes and accounted for a fifth on the ground to seal the win. Elsewhere, Mac Jones threw two touchdowns to help the Jacksonville Jaguars defeat the Tennessee Titans 20-13, while the Las Vegas Raiders beat the New Orleans Saints 25-10.