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A new report from Kount and The Fraud Practice examines card-not-present (CNP) false positives which are poorly understood and frequently mismanaged aspects of risk management. Most merchants focus on chargebacks and fraud losses, but false positives are another major source of lost revenue, negative reputation ...

A new report from Juniper Research says password-based solutions are increasingly impractical, and service providers have begun testing alternative second factors; ‘something I am’, such as a fingerprint, iris, facial feature or vein pattern to establish an individual’s identity. Biometric identities provide an extra layer ...

Welcome to the weekly edition of Payments NEXT news. We go in-depth to look at cashier-less checkout trends, cross-border e-commerce success tips, Amazon fake products and Google Pay’s new program to offer loans by mobile app in India. As always, we wrap up with our ...

Lots of news, innovations and new developments in payments news this week. Here’s a collection of what we’re reading and what you need to know. Report: Google, Mastercard Cut Secret Deal to Track Retail Sales Google and Mastercard reportedly drafted a secret deal in which ...

With the opening of its second store in Seattle, Amazon Go is in the vanguard of the cashier-less checkout movement. Though checkout automation has been a goal for many retailers, some have struggled with concepts from self-checkout to full cashier-less checkout and it remains a ...

Statista reports the number of global online shoppers between 2014 and 2018 jumped by 36%, growing from 1.32 billion to 1.79 billion people. According to Braintree, PayPal’s mobile web payment system, cross-border shoppers also want their shopping experience to be simple and painless. Cross-border challenges ...

According to Gartner L2’s Amazon Intelligence: Third-Party Distribution Strategies Playbook report, Amazon has a substantial counterfeit products problem. Gartner estimates 33% of third-party vendor listings have at least one review containing terms such as “fake” or “counterfeit.” The report says, “These ‘counterfeit’ reviews, however, make up ...

Google and four Indian banks will offer Indian consumers instant loans in the ultracompetitive $1 trillion Indian digital financial market. According to a Bloomberg report, “HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, and Federal Bank Ltd to offer instant, pre-approved loans to customers right within Google Pay ...

Our weekly payments industry news this week features an update on synthetic identity fraud, record Q2 2018 target financials, e-commerce membership sales growth, a smart speaker for cryptocurrency purchases and voice shopping as well as our popular weekly global news roundup. Synthetic identity fraud is ...

Here’s a roundup of the global payments news we’re reading heading into the weekend. Lots of new developments in identity fraud, retail ups and downs, new payments industry developments and a free Amazon report. Synthetic identity fraud is rising; data breaches abound Synthetic identity fraud is ...