Coveware’s Q1 Ransomware Marketplace report shows an alarming increase in ransomware incidents and the impact and costs to business in the first quarter of the year to clients of the security company. The average ransom increased by 89% to $12,762 compared to $6,733 in Q4 ...
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It’s a holiday weekend ahead but we’ve still got your global payments news roundup to keep you current. MasterCard purchased POS loans platform Vyze while Amazon announced plans to depart the China online marketplace. We’ve got a look at contactless cards in the US and ...
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A new Transaction Network Services (TNS) report shows connected car and other internet of things (IoT) payments are getting traction with consumers. The survey of more than 3100 consumers in the US, UK, and Australia shows 26% of respondents that own a voice assistant have ...
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Mergers and acquisitions in the payments industry are growing as indicated by MasterCard’s purchase of fintech point-of-sale financing platform Vyze. According to Accenture, point-of-sale (POS) loans are a $1.8 trillion business opportunity. “Both consumers and businesses want the best choice and service, exactly when they ...
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Belgium has just 11.4 million residents and is 11,849 sq miles in size, a little larger than Massachusetts. Despite its small size, it is the world’s 27th largest economy by GDP and e-commerce is growing quickly here like many other western European countries. Its affluence, ...
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Chase checking account customers in the US can now send digital gift cards to other US residents instantly using the Chase mobile app or Chase.com. All that’s required is a recipient’s email address. “Our digital gift cards make it more personal than sending a person-to-person ...
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US tax deadlines are near, but our global payments news roundup will give you a welcome distraction. We’ve got a look at worldwide digital commerce trends from 2Checkout, a snapshot of payments industry mergers and acquisitions, highlights of convenience store sales for 2018, and Amazon’s ...
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This week, JPMorgan added European instant payment services for its clients with the launch of SEPA Instant in the EU. This makes it the first bank to offer real-time payment services in USD, GBP, and EUR. “Adding SEPA Instant is another step towards offering real-time ...
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While identity verification using mobile devices is well established, Mitek just upped the game for financial businesses and companies wanting to provide desktop verification for customers as well. Mitek’s mobile auto-capture technology can now be enabled on desktop devices with the same high-quality capture and ...
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A new report from 2Checkout shows an increase in global digital commerce sales of software, SaaS and online services as well as growth in sales of subscriptions for these products and services. 2Checkout analyzed millions of customer transactions on its global platform between March 2018 ...
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