Today’s PaymentsNEXT news roundup is focused on fraud. As e-commerce grows so is fraud. We’ve got highlights of the latest fraud stats, trends in global e-commerce fraud, fraud solutions, chargebacks, and much more. If you’re following fraud news, dive in and get yourself up to ...
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Lots of global payment news rolling out as PayPal cancels international BNPL fees, Paysafe spends $441 million to acquire SafetyPay, record half-year VC fintech investment of $98 billion, T-Mobile’s disastrous hacking, increased automated fraud, and retail companies reporting the latest quarterly results (Walmart, Target) and ...
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The worldwide payments news keeps on rolling, and we’ve got a roundup to keep you current. Merchants and Amazon are upping their efforts to get lower credit card transaction fees. BNPL is gaining status and money. Acquisitions abound, 85% of mobile apps have critical vulnerabilities, ...
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By Jeff Domansky Interac Corp and 13 leading Canadian financial institution members launched Interac e-Transfer for Business, providing real-time digital payments to personal and commercial bank accounts with confirmation of funds received within seconds. Recent research by Interac showed 83% of business leaders want new commercial ...
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by Jeff Domansky Despite the promise of AI and its potential as a security tool, we’ve fallen into a world of pain when it comes to cybersecurity. That’s especially true when using CAPTCHAs to defend online forms or website access. If you’re like the average ...
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By Jeff Domansky If there was ever any doubt that buy now, pay later was mainstream worldwide, we can put that notion to bed once and for all. The BNPL news in the past several days alone saw Visa unroll BNPL for merchants in Canada, ...
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By Jeff Domansky Ramped up demand for unemployment benefits during the pandemic. Fraud detection budget cuts during previous low unemployment. Federal and state governments failure to take widespread security improvements seriously. Sophisticated fraudsters in foreign countries filing applications in bulk. The scale of US unemployment ...
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After wrestling with alligators and hosting issues, we’re back with the latest payments news from around the world. Lots going on, so check it out. Visa acquires Currencycloud, which makes APIs for remittances and currency transfers, in a $963M dealA year and a half after Currencycloud raised $80 ...
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By Jeff Domansky New research offers a staggering look at the real costs of failed payments, the key reasons for most failed payments, and why companies are not working harder to solve the problem. In fact, failed payments cost $118.5 billion in fees, labor, and ...
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By Jeff Domansky AR departments talk a lot about AR automation, integrated payments, efficiency, and saving money. However, new research from Billtrust shows there may be a lot more talk than walk when it comes to modernization in today’s AR departments. 86% of AR leaders ...
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