A new quarterly analysis of global online fraud trends found the telecommunications, e-commerce, and financial services industries were increasingly impacted along with Millennials among the victims most targeted by fraudsters using COVID-19 scams. Global fraud and identity solutions company Trans Union used the March 11, ...
Read more
Blog
Credit unions in three Canadian provinces will be looking blue when it comes to modernizing their payments technology and platforms in a new eight-year, $100 million technology services partnership announced between 75 credit unions in Manitoba, Saskatchewan, and Alberta with IBM. The 75 credit unions ...
Read more
Welcome to our weekly Friday fintech, payments, and e-commerce news and business intelligence roundup. It may not feel “normal” yet where you live, so we’ll do our best to give you a taste of normal news you can use. Even your humble editor is pining ...
Read more
When it comes to digital banking, even with the coronavirus crisis, the traditional banks seem to have customer satisfaction sewn up. Seem ironic? New research from JD Power not only shows the shift to digital banking and payment solutions is accelerating faster than anticipated due ...
Read more
Global fraud prevention company Forter is tracking weekly online spending and the results during the COVID-19 crisis have proved fascinating. Based on Forter data tracking in the past several weeks and looking ahead to Mother’s Day, e-commerce sales look encouraging in several sectors including jewelry ...
Read more
When it comes to payments across seven major countries in the Asia-Pacific region, new research from Rapyd tells us two key things. First, there is no single payment scheme that works best in all countries. Second, the use of banking and digital payments is higher ...
Read more
Welcome to our weekly global payments news roundup with all the payments, fintech, and e-commerce news you need to know. We look at several challenger bank updates and closures, consumer coronavirus payments and shopping trends, global contactless spending data from Visa, coronavirus analysis from McKinsey ...
Read more
As consumer buying behaviors change quickly during and post-pandemic, the payments world is also going through significant changes. While contactless payments were very slowly gaining traction, particularly in the US, COVID-19 risk factors have forced consumers to change how they pay. In fact, Mastercard reports ...
Read more
Companies are struggling with the need to move their business online rapidly wherever possible in order to survive during the coronavirus crisis and to plan for new post-pandemic behaviors by consumers. New consumer purchase behaviors are evolving quickly including increased online shopping, heightened delivery expectations, ...
Read more
While most US small businesses are shut down, unable to operate online, and facing possible permanent closures, some companies have seen dramatic sales growth during the coronavirus pandemic. Initially, in March, consumers reacted with panic buying of essentials such as medical products, hand sanitizers, toilet ...
Read more