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Stock impact report

Inside Capital One's quest to spread ID tech [Yahoo! Finance]

ACI Worldwide, Inc. (ACIW) 
Last aci worldwide, inc. earnings: 8/8 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
the groundwork for a network based on the financial institution's authentication system. The credit card lender on Wednesday said it would make its AirKey security product available to other financial institutions. AirKey, which Capital One developed seven years ago, enables credit and debit cards to be used for enrollment and to verify user identity at the point of sale. AirKey is designed to address a chronic fear in the payments industry, with fraud on the rise. Push-payment fraud is expected to reach $6.8 billion in early losses by 2027, a compound annual growth rate of 11% between 2022 and 2027, according to ACI Worldwide, which reports most of that fraud is in the United States. And there are regulatory efforts underway that could make banks more responsible for consumer losses. The growth of digital P2P apps and real-time payments , which shorten windows for transaction vetting, additionally raises concerns over payments-related crime. "Fraud is a growth business, and t Show less Read more
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