PoF 9 – Realtime Authorization and Messaging

by George Peabody on October 20, 2014

in Card Fraud, Card Issuers, Card Technology, Commercial Payments, MasterCard, Payments Fraud, Payments on Fire, Podcasts, Russ Jones, TSYS

Post image for PoF 9 – Realtime Authorization and Messaging

Realtime, consumer-facing authorization of card payment transactions has been available for some time but few of us have it offered to us by our issuers. Today, there’s a number of technology providers selling truly realtime notifications and two-way approval requests based on the live authorization stream. Glenbrook’s Russ Jones takes us through what’s on offer while George gets grumpy over what he’s got today. As more consumers become thorougly alarmed over data and privacy breaches, this could be the time for issuers and independents to offer the “worried” consumer more control and a strong role in fraud management.

Companies mentioned in this episode include:

TSYS Spend Controls for consumers and corporate card administrators

MasterCard InControl

Vantiv MobiMoney

Red Giant Mobile

Leave a Reply

Previous post:

Next post:

Clicky Web Analytics