Balancing Merchant and Customer Risk: Managing Fraud in POS Payments

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...