By Jeff Domansky, June 2, 2021 Two things jump out on first reading of Contrast Security’s 2021 State of Application Security in Financial Services Report. First, the financial services industry leaders surveyed are big organizations. Nearly two-thirds (66%) had more than 2,000 software developers and ...
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By David Sharp, President, PaySimple, June 1, 2021 Last year was pivotal in the payments industry when the COVID-19 pandemic forced many businesses to rethink their business strategies and adopt new revenue streams. Despite its many downsides, the pandemic has proven the necessity for small companies ...
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By Jeff Domansky, May 28, 2021 Another week, another serious security lapse in the financial world. Klarna shut down its popular buy now, pay later payments app, used by more than 90 million shoppers worldwide. All due to what Klarna CEO Sebastian Siemiatkowski embarrassingly called ...
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By Jeff Domansky, May 26, 2021 A new partnership of Square and digital ordering company Noble should make it easier for concertgoers to order their cocktails, beer, and other refreshments at the next live event. Just as important, it will help concession operators handle more ...
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By Jeff Domansky, May 25, 2021 Last week, Check Point Research (CPR) released a study showing misconfiguration of third-party services by mobile app developers exposed emails, passwords, names, and other personal data for more than 100 million users. CPR outlines how lax security and the ...
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By Jeff Domansky, May 21, 2021 Frustrated with 15 months of pandemic restrictions, work-from-home mandates, and longing to shop in-store once again, consumers appear ready to reopen their purses and wallets with a vengeance. Earlier this spring, Bloomberg Economics estimated Americans have a stockpile of ...
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May 19: Global payment news roundup: Laybuy, Adyen, Wise, Billtrust, Masrvi, Target, Best Buy, more…
Tie your runners and get ready to ramble. Here’s the weekly roundup of global payments news, developments, and innovations to keep you current. Consumer buying behaviors that will shape the future of retailAt the Consumer Electronics Show 2021, Best Buy CEO Corie Barry summed up ...
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By Jeff Domansky, May 18, 2021 At the Consumer Electronics Show 2021, Best Buy CEO Corie Barry summed up the future of retail succinctly: “There isn’t a world where people revert back to their 2019 behaviors, and part of that is just a comfort level,” ...
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By Jeff Domansky, May 13, 2021 Cybercrime is incredibly profitable for fraudsters. Experts estimate more than $1 trillion was lost globally to cybercrime in 2020, and payment abuse is a big part of the fraud picture. According to Sift’s Q1 2021 Trust & Safety Index ...
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By Jeff Domansky, May 11, 2021 A new partnership of Wise and Google Pay means US mobile wallet users can send money to friends and families across borders cheaper and faster. The launch lets Google Pay users in the US send money to Google Pay ...
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