In our bustling e-commerce landscape – today’s most competitive market – it’s hard to believe that many online merchants, particularly those based in the U.S., avoid access to global transactions. When considering U.S. cross border e-commerce is expected to bring in $203 billion by 2021, ...
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Credit Card & Online Fraud
Credit Card & Online Fraud
It’s Valentine’s Day and romance may be in the air but so are financial scams, according to the US Federal Trade Commission (FTC). In 2018, more than 21,000 US residents were victimized financially by romance scams totaling more than $143 million according to the FTC’s ...
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There’s good news and bad news about identity theft in 2018 according to a new report from the Identity Theft Resource Center (ITRC). The good news is the number of US data breaches decreased from a 2017 all-time high of 1,632 breaches by 23% to 1,244 ...
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Happy New Year and welcome to the first global payments news roundup for 2019. We start with an in-depth World Payments 2018 Report from Capgemini and BNP Paribas, which should be essential reading for every payments professional. Wired magazine takes a look at the brighter ...
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Lots of new developments, more holiday shopping news and results, and innovations to keep you ahead of the payments pack in this week’s global payments news roundup. NFIB reports Small Business Saturday sales were strong November 24 was a pretty good day for US Small ...
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In the midst of the busiest shopping days of the year, fraudulent returns by consumers continue to cause problems and cost retailers in-store and online. Overall, product returns decreased slightly from 11.3% in 2017 to 10.8% this year, according to recent National Retail Federation (NRF) ...
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New research from the National Retail Federation (NRF) and Forrester show retailers, e-commerce sellers and payments industry leaders expect many changes in retail payments in the near future. 44% of retailers no longer require signatures for debit card transactions, 13% will eliminate them by the ...
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When cloud security provider Bitglass examined the state of financial services cybersecurity in 2018, it was shocked to see that data breaches of financial institutions had nearly tripled since its 2016 report. In its 2018 Financial Breach Report, there were nearly three times as many ...
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Lots of timely global Payments NEXT news for your weekend reading starting with the launch of Amazon 4-Star store in Soho, fraudsters using look-alike URLs, biometrics and contactless payments trends and much more. Also, check out our week’s best payments news roundup. Is Amazon 4-Star ...
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Here’s what we’ve been reading in the global payments news this week. There’s everything from Amazon’s new 4-Star concept store to the mall of the future, biometric payments, contactless payments research and the challenge of look-alike domains. It’s all the news you can use for ...
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