Insights

CSG Forte Insights is a collection of industry news and perspectives to help navigate the payments landscape.

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PCI Compliance: Definition, Overview and Benefits

Payment card industry (PCI) compliance is the 12 security standards your organization should adhere to when accepting consumer credit card payments. PCI compliance includes various best practices, security measures and benchmarks to help you manage how you collect and store information while processing transactions. What Is PCI Compliance? Credit card companies require payment card industry […]

Credit Card Fraud Protection

Beat The Numbers Game: Guard Against Card Testing Fraud

Card not present (CNP) fraud has been on the rise: it’s projected to account for nearly 75% of all payments fraud by 2024, which is up from 57% in 2019. As merchants shift their focus to protect against this growing share of CNP fraud, they find themselves tackling a specific type: card testing attacks. Payment […]

Woman's hands using phone to make mobile payment

Tips to Reduce Late Payments by Engaging Payers

Suman Chaudhuri, VP, Sales & Revenue, CSG Forte   Late payments are on the rise, and they can weigh down your organization’s growth if they go unaddressed. Auto loan and credit card delinquencies have bounced back to their pre-COVID rates, and late payments on consumer loans aren’t far behind. With these indicators, merchants in other […]

Happy call center agents

Taking Card Payments Over the Phone—Finding A Secure Approach

Credit card fraud is widespread—and costly. A recent survey found that 65% of Americans with credit or debit cards have experienced credit card fraud at least once. Not surprisingly, 52% of U.S. bill payers rank security as a top feature in the digital bill payment process. One area of heightened risk is taking credit card […]

5 Payment Trends to Watch in 2022

Human beings have an innate need to make predictions. For whatever reason, we like to make forecasts on just about everything, from Oscar winners to World Series champions, from election results to the likelihood of weather events, and everything in between. The most effective prognosticators tend to take a 360-degree view. That is, they try […]

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