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41st Parameter

Welcome to the News View for "41st Parameter".

Here, on these archive pages, you'll find all of the articles on Payments News for 41st Parameter listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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October 01, 2013

Headline News from PaymentsNews.com - October 1, 2013

On the web:

  • Coming Soon? An Occupy Wall Street Debit Card - New York Times - "The idea, led by a group that includes a Cornell law professor, a former director of Deutsche Bank and a former British diplomat, is meant to serve people who do not have bank accounts, but it also aims to make Occupy a recognized financial services brand."
  • How Much Will Judge Leon's Decision Whack DDA Revenues? - Pymnts.com (David Evans) - "The only ray of sunshine here for non-exempt debit card issuers is that between an appeal, maybe the Supremes, and a new rule making it could be a while before any of these reductions hit DDA and consumer banking P&Ls."

On the wires:

  • Global Payments Names Jeffrey S. Sloan Chief Executive Officer - "Paul R. Garcia, Chairman of the Board, said, "Jeff is prepared to lead this company as its President and Chief Executive Officer. His decisive leadership and his deep experiences and knowledge across the entire business uniquely qualify him to successfully assume this role immediately. He is well respected throughout the industry and he embodies the company's core values."
  • Experian to acquire device identification leader 41st Parameter - "41st Parameter will strengthen Experian's global web fraud detection and risk-based identity authentication capabilities."
  • Leaf Closes $20 Million in Funding to Advance Open Commerce Platform and Mobile POS - "Leaf, creator of the LeafPresenterTM, a tablet specifically designed for commerce, today announced it has closed $20 million in its first round of institutional funding from Heartland Payment Systems, one of the nation’s largest payments processors and a leading provider of merchant business solutions."
  • TNS and AJB Introduce Simplified Payments for Merchants - "Large merchants across North America can now relieve the headache of operating a complex payments infrastructure while at the same time position themselves for future growth thanks to a new managed service solution from Transaction Network Services (TNS) and AJB Software (AJB)."
  • Adyen’s Global Mobile Payments Index Indicates 27 Percent Growth in Mobile Transactions in Past Four Months - "Adyen's Global Mobile Payments Index tracks the actual purchases on the platforms and can therefore also provide an insight into the monetization of mobile content by brand. iOS devices (iPhone and iPad) accounted for nearly 75% of all mobile transactions on Adyen’s platform (which equals 13.1% of all transactions, up from 11% at the end of April 2013) and Android devices were responsible for nearly 25% of mobile transactions (4.3% of all transactions, up from 3.1%)."
  • mopay Signs Global Agreement with Telefónica Digital - "Under this agreement, mopay will be granted direct access to Telefónica’s billing platform, thus connecting mopay directly to the telco’s subscriber base worldwide. Consumers using mopay can purchase digital goods and services frictionlessly in nine countries where Telefónica Services are currently available and charge the purchases to their phone bill."
  • Debit Card Swipe Fee Reform Lowered Prices - "A new economic report released today by the Merchants Payments Coalition shows that debit card swipe fee reform saved consumers and merchants billions of dollars in 2012, as anticipated by Congress when it passed debit reform legislation in 2010."

Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join us for our new series of Glenbrook Payments Boot Camps coming this October - 8th/9th in the San Francisco Bay Area and 23rd/24th in New York City!
  • Glenbrook's Allen Weinberg and Erin McCune will be at Money2020 in Las Vegas October 6-10 - please reach out to them directly to catch up in person or set up a briefing at the conference. Erin will be moderating an Invoicing, Billing & Collections panel with Bill.com CEO Rene Lacerte, Billtrust CEO Flint Lane and Billhighway Chairman Vince Thomas.
  • Glenbrook's Elizabeth McQuerry will be speaking at this year's NACHA Global Payments Forum on October 17-18 in New York City. She'll be speaking on the topic "Mobile Payments, Interoperability & Faster Funds Transfer".
  • Glenbrook's Carol Coye Benson will be speaking at this year's American Bankers Association Annual Convention on October 20-22 in New Orleans. She'll be participating in a panel discussion on The Future of the Payments Industry.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

May 22, 2013

Headline News - May 22, 2013

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

March 25, 2013

41st Parameter Launches TrustInsight Network

41stParameter logo 140px 41st Parameter has announced the TrustInsight Network – a new crowd-sourced service that aims to improve card-not-present transaction approval rates.

With TrustInsight, every online consumer transaction will carry a TrustScore generated from encrypted data contributed by TrustInsight Network participants. This crowd-sourced TrustScore functions as the standard for eCommerce CNP trust. TrustInsight makes it easier for merchants to confidently process the more than 70% of online orders that come from first time customers. These people are unknown to the merchant but that doesn’t mean they can’t be trusted. That is the problem TrustInsight solves.

October 18, 2012

April 12, 2012

November 18, 2009

41st Parameter Forecasts Increased Risks from Mobile Channel

41st Parameter says it is "forecasting increased mobile channel cybercrime and decreased effectiveness of traditional anti-fraud tactics, attributed to the rapid adoption of new mobile handsets and multiple operating systems. According to a November 2009 consumer study of U.S. mobile phone users, 18.9 percent of mobile consumers now use a smartphone, and an additional 49.2 percent plan to purchase an advanced mobile device within the next two years. Last week, Gartner reported smartphone sales in 3Q09 grew 12.8% year over year, reaching 41.1 million units." READ MORE »

August 06, 2009

Airlines and Card Fraud

41stParameter_logo-140px.jpgFraud detection tools and payment fraud losses are top of mind according to a recent webinar and poll of airline fraud investigators. The survey results, released by 41st Parameter report insufficient rules and defense mechanisms in place at most airlines. The results forecast the continued emergence of new reservation booking vehicles and a shift in the payment landscape. READ MORE »

March 26, 2009

US Airways Selects 41st Parameter's FraudNet

41st Parameter has announced that US Airways has selected FraudNet to detect and prevent Card Not Present (CNP) fraud across multiple reservation channels including online, kiosk and phone. READ MORE »

September 16, 2008

41st Parameter Introduces FraudNet 3.0

41st Parameter has announced the availability of FraudNet 3.0, allowing fraud investigators to be more effective through multiple dynamic fraud investigation tools and hundreds of risk engine rules in one place, including time sensitive fraud alerts. Coupled with 41st Parameters' tagless PCPrint Device ID technology, FraudNet helps companies quickly and efficiently identify fraud and fraud rings across multiple channels, reduce fraud losses and chargebacks and improve productivity. READ MORE »

July 15, 2008

41st Parameter Provides Anti-Fraud Solution to Continental Airlines

41st Parameter has announced that it has been selected by Continental Airlines "to help detect and prevent Card-Not-Present (CNP) fraud in its online sales channels. The airline will employ 41st Parameter’s FraudNet to help it identify legitimate versus suspect website transactions on a global basis, as well as to prevent fraudulent account access, enabling the airline to protect sensitive customer data." READ MORE »

March 06, 2007

GSI Commerce Selects The 41st Parameter for Client Device ID

The 41st Parameter has announced that GSI Commerce has selected its proprietary FraudNet solution to identify client devices online to detect and prevent Internet fraud. According to the companies, "GSI, which operates eCommerce businesses for about 60 partners in 11 retail merchandise categories, uses FraudNet to identify suspect versus legitimate online devices and transactions to help prevent criminals from completing fraudulent purchases."

READ MORE »

August 22, 2006

Latest E-Commerce Fraud Scheme

The 41st Parameter has announced it has identified an e-commerce fraud scheme in which fraudsters are coordinating their attacks against e-commerce merchants by using personal, digital and financial data that all appear legitimate to typical detection systems.

READ MORE »

May 08, 2006

The 41st Parameter Secures $11.2 Million in Series B Funding

The 41st Parameter has announced that it has secured $11.2 million in Series B funding led by investor Kleiner Perkins Caufield & Byers with additional capital from Series A lead investor Norwest Venture Partners.

READ MORE »

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