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PayPal Promises to Revamp Fraud Filters

PayPal promises no more guilty until proven innocent

Jan 22 2013, 1:03pm CST | by

11 Updates
PayPal Promises to Revamp Fraud Filters
 
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PayPal Promises to Revamp Fraud Filters

If you have a PayPal account and have ever found yourself with a locked account in accuser fraud, you know how incredibly complicated it can be to get your account unlocked. Since PayPal launched its operated on a guilty until you can prove yourself innocent basis. The online payment site routinely locks accounts preventing people from accessing their money for 21 days.

PayPal has the option to extend that lockout to 180 days. The documentation requested to unlock an account was often more than many legitimate users could provide. PayPal routinely wanted things such as several months worth of sales records and receipts. The problem was if you were selling a product or shipping items, often users had none of this documentation.

PayPal senior director of communications Anuj Nayar says that major changes to the way PayPal operates are coming. He said, "These are not minor -- these are aggressive changes." Nayar also says that PayPal will be more transparent with explanations as to why the funds have been frozen and how they can get their funds unfrozen.

 

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Update: 11

PayPal May Be Having A Change Of Heart On Payments Technology

Source: The Business Insider

Editors note: This is the free edition of Payments Insider, a newsletter on all things payments produced by BI Intelligence.  Click here to subscribe to Payments Insider and receive it in your inbox everyday.  EXCLUSIVE: PAYPAL’S SURPRISING TURNAROUND ON NFC. In a sharp reversal, PayPal may be on the verge of embracing near-field communication (NFC) technology, which just months ago PayPal CEO David Marcus dismissed as “technology for the sake of technology.” Anuj Nayar, PayPal’s senior d ...
Source: The Business Insider   Full article at: The Business Insider 16 hours ago, 3:00pm CDT
 


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Update: 10

Businesses and bikeways: City reveals more details about street fee plans

Source: BikePortland.org

29th Annual Television Critics Association Awards
PBOT's Mark Lear laid out priorities for spending revenue raised by a new street fee.(Photos J. Maus/BikePortland) The City of Portland is slowly leaking out more details of their plans to create a new fee to boost transportation investment. At a town hall meeting in North Portland last night, Mayor Charlie Hales, PBOT Director Leah Treat, and Transportation Commissioner Steve Novick sat at a table in front of a small crowd to present, promote, ...
Source: BikePortland.org   Full article at: BikePortland.org 17 hours ago, 1:30pm CDT
 

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Update: 9

Artist Genevieve Belleveau's Experiment in Urban Asceticism

Source: Paper Magazine

Artist Genevieve Belleveau outside her mobile monasteryLast Fall, NYC artist Genevieve Belleveau started an indie-gogo campaign to fund a project she calls the "Mobile Monastery." Bolstered by promos like this crazy telethon, the campaign raised nearly $4000 and so since January, the "St. Anal Banana Blob" (a $500 pledge won an anonymous donor the privilege of naming the vehicle) has been up and running, with Belleveau chronicling its trials and tribulations on her ...
Source: Paper Magazine   Full article at: Paper Magazine 19 hours ago, 11:30am CDT
 

Update: 7

Please Donate to Our Fundraiser

Source: Mother Jones

For those of you who missed it in last week's catblogging post, we haven't yet reached our $100,000 goal, so how about donating a few bucks to our investigative reporting fundraiser? We're a reader-supported nonprofit, which means those dollars aren't going to come from big corporations or super-rich political donors. They'll be small contributions from regular people who read Mother Jones. If you value our reporting—or even if you only va ...
Source: Mother Jones   Full article at: Mother Jones 23 hours ago, 8:00am CDT
 

Update: 6

Free DVD Movies! Just pay shipping.

Source: Shopping Bookmarks

Dow Falls As Technology Sector Stocks Tumble
They also have free software and music CDs available. Shipping on 1st item is $6.49. 2-4 items is $4.49 per item and 5 or more is $3.99 per item. Source: planetcdrom.com → | ∞ PermalinkMore About: dvd paypal accepted just pay shipping software planet cdrom mo ...
Source: Shopping Bookmarks   Full article at: Shopping Bookmarks 1 day ago, 7:42pm CDT
 

Update: 5

Researcher finds flaw in Samsung fingerprint check

Source: NationNews-Barbados

BERLIN (AP) - A Berlin-based researcher says he has managed to fool the fingerprint-based security system on Samsung's new Galaxy S5 smartphone using wood glue and a picture of the original print. Ben Schlabs, who works for Security Research Labs, says the trick is identical to the one hackers used to unlock Apple's iPhone 5s last year. The S5 flaw is potentially more serious because Schlabs says he was also able to trick the electro ...
Source: NationNews-Barbados   Full article at: NationNews-Barbados 1 day ago, 4:00pm CDT
 

Update: 4

Researcher finds flaw in Samsung fingerprint check

Source: Salt Lake Tribune

Berlin • A Berlin-based researcher says he has managed to fool the fingerprint-based security system on Samsung’s new Galaxy S5 smartphone using wood glue and a picture of the original print. Ben Schlabs, who works for Security Research Labs, says the trick is identical to the one hackers used to unlock Apple’s iPhone 5s last year. The S5 flaw is potentially more serious because Schlabs says he was also able to trick the electronic payment app PayPal, which uses Samsung’s fingerprint authe ...
Source: Salt Lake Tribune   Full article at: Salt Lake Tribune 1 day ago, 2:51pm CDT
 

Update: 3

It Took Just Four Days to Hack the Samsung Galaxy S5's Fingerprint Scanner

Source: NextGov

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The Samsung Galaxy S5 is integrated with PayPal, and the fingerprint scanner is used to authorize transactions and money transfers in the dev ...
Source: NextGov   Full article at: NextGov 1 day ago, 10:44am CDT
 

Update: 2

PayPal 'Bans' Users From Sharing Computers

Source: Sky News

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PayPal tightens rules to prevent unauthorised transactions and the result is a 'ban' on users sharing computers, Sky N ...
Source: Sky News   Full article at: Sky News 1 day ago, 9:04am CDT
 

Update: 1

Samsung Galaxy S5 Fingerprint Sensor 'Hacked' (With Glue)

Source: The Huffington Post: UK Edition

Researchers claim they have 'hacked' the new Samsung Galaxy S5's built-in fingerprint sensor, and can use it to steal money. Like other smartphones such as the iPhone 5S, the new S5 has a fingerprint sensor built into the home button. By swiping a finger down the sensor it is possible to unlock the phone or pay for things with PayPal. (At least, in theory. In practice we found the fingerprint sensor isn't all that reliable, often requiring multiple swipes ...
Source: The Huffington Post: UK Edition   Full article at: The Huffington Post: UK Edition 2 days ago, 9:30am CDT
 

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<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Leading our review center, Shane McGlaun (Google) knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.

 

 

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