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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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agile financial business planning
Banking

4 Best practices for agile business planning

By Darrell Cox, CFO at Vena Solutions For companies today, being ready to pivot is—simply put—pivotal. Business conditions are ever-evolving, and change will continue to be constant. And as organizations look to navigate the road ahead, it’s strategic finance teams that are leading the way, ...
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coronavirus payment preferences
Fintech Payments Trends

Payments beyond the pandemic: What does the future of e-commerce hold?

By James Booth, VP, Head of Partnerships EMEA at PPRO COVID-19 has shaken the global economy. Social distancing has drastically shifted consumer behavior and introduced a new set of challenges to stores and shoppers alike. For merchants, it has been difficult to manage a dip ...
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global accounts payables
Payments Technology

MineralTree extends AP automation for international invoices & payments

Accounts payable and payment automation provider MineralTree announced new platform features and multicurrency payment processing capabilities for businesses sourcing products and services internationally. The new features allow users to automate the capture, processing, and approval of international invoices using the same platform and workflow used ...
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Navy sailors
Fintech Payments Trends

Pandemic update: Visa Direct helps employees get emergency pay

Recent research by payments provider PayActiv showed the growing impact of the pandemic on those essential workers still employed despite unemployment in the US reaching 14.7% in April. The mid-March research showed serious concerns among employees surveyed as the pandemic began taking hold in the ...
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Amazon Australia launches online alcohol sales
E-commerce

Amazon Australia pops the cork on alcohol sales

Amazon Australia just set its sights on a brand-new market niche and the biggest players in the booze business down under and farther afield should be concerned. With online shopping habits shifting due to the impact of coronavirus, increased online sales of alcohol and growth ...
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