Tag: Rupesh Vashist

Payment gateways play a critical role in transaction processing. The transaction messages are processed through them while they broker the approval of the transactions from the source (generally customer or merchant) to operators (generally issuer).

Today’s most successful fraudsters aren’t sitting in high-tech labs, they’re sitting in living rooms, using tools as simple as a laptop and a spreadsheet. What looks like a complex, high-level breach of banking systems is often nothing more than basic arithmetic, a few internet searches and a complete failure of global financial systems to talk to each other.