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Forter Smart Routing
Banking Cybersecurity Payments Technology

New fraud prevention tool will reduce merchant false order declines

Merchants, payment gateways, credit card issuers, and banks and have long battled the problem of orders falsely declined as part of fraud prevention programs often operated in isolation by partners in the payments system. Experts estimate losses to merchants could be as high as 10% ...
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SaaS metrics
E-commerce Payments Trends

SaaS metrics that matter, including monetization

By Alexandra Marcu, Vice President of Marketing at 2Checkout The business landscape has never been as competitive as it is in the digital era and the SaaS field is one of the fastest-growing today according to Gartner – 27% annual growth rate estimated in 2019 ...
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EPI new EU payment system
Banking Payments Trends

Will that be Visa, Mastercard, or EPI?

Not only will Americans be banned from travel to Europe, the big US payment companies may soon face competition by a new credit card system in development by 16 European banks. The new pan-European payments system is called the European Payments Initiative (EPI) and will ...
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COVID-19 logistical challenges for business
E-commerce Logistics

COVID-19 sales impact, biggest challenges, best business responses

New research from 2Checkout reveals COVID-19’s negative impact on more than 60% of online businesses but also points to ways companies are responding positively and highlights several sectors that actually grew their sales in the past several months. Biggest business challenge is sales The biggest ...
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2020 online shopping research
E-commerce Logistics

Holiday shopping predictions amid COVID-19

it’s never too early to start thinking about Christmas shopping, is it? Especially if you’re a retailer. At least that’s what the research team at Voxware was thinking as they asked consumers about their online shopping plans for the holidays in the midst of our ...
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synthetic identity fraud
Credit Card & Online Fraud Cybersecurity E-commerce

Financial services see surge in online fraud during pandemic

With the rise of e-commerce and digital payments during the COVID-19, new research by TransUnion shows fraudsters are also getting in on the action. The recent report showed an 11% increase worldwide in risky fraud transactions it defined as denied or reviewed because of fraud ...
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Postbank fraud $3.35 M
Banking Credit Card & Online Fraud Cybersecurity

Out of Africa: Postbank scam hits 12 million South Africa bank customers

“Bank heist! How insiders stole millions and threatened the cybersecurity of more than 12 million South African bank customers.” It’s got all the makings of a made for the movies bank robbery. This was a criminal plot to steal the 36-digit code and “master key” ...
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plastic ocean waste
Banking Payments Technology

Recycled plastic payment cards reduce ocean waste

A new partnership of CPI Card Group (CPI) and Visa is another step forward in reducing ocean waste by using recycled plastic to create attractive new debit, credit, and other plastic payment cards. CPI’s Second Wave ™ card is recovered from ocean-bound plastic waste, recycled, ...
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contactless payments by Fattmerchant
E-commerce Fintech Mobile Payments Payments Trends Retail

Fattmerchant launches new contactless payments solution for merchants

With new research showing a shift by consumers to contactless payments, technology provider Fattmerchant introduced a new suite of contactless payment tools for small business owners A recent survey conducted by Fattmerchant shows a shift in consumer payment preferences due to the COVID-19 pandemic. Nearly ...
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global mobile payments
Mobile Payments Payments Trends

COVID-19 crisis creates contactless payments growth

As business and consumers start to raise their heads from months of prolonged lockdowns due to the coronavirus crisis, the US payments industry is finally seeing growth in the use of contactless and automated payments. Traditionally, the US had lagged behind earlier adopters in SE ...
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