By André Leite Futuro, Head of Global Partnerships at ClearSale Friendly fraud can be an online retailer’s worst enemy. While fraud detection tools are increasingly adept at spotting fraud attempts by organized criminals, fraud committed by otherwise good individual customers can be hard to detect–and it’s getting ...
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Cybersecurity
Cybersecurity
Phil Lewis, CEO, Titania Banking and finance organizations, with complex networks, large customer bases and highly desirable data, are prime targets for threat actors. But being a mark is one thing; being susceptible is another. The security of their network infrastructure depends on the ability to ...
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By Rick Sunzeri, Director of Enterprise Accounts at ClearSale Are alternative payments even “alternative” anymore? A lack of alternative payment options such as digital wallets and BNPL is now a potential deal breaker for the 55% of consumers who say they’d consider abandoning their cart ...
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Welcome to our new weekly PaymentsNEXT Newswire Roundup. Every Friday, our editorial team provides a quick capsule and links to the week’s most relevant payment industry news releases. News, Technology & Deals SEON’s latest report confirms that Europe leads the world in cyber threat protectionFinancial ...
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By Seth Ruden, Director, Global Advisory Americas at BioCatch Last November, several media outlets suggested that a new set of rules was under consideration for member banks participating in the Zelle network, specifically, to begin reimbursing consumers who fell victim to certain types of scams. ...
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by Jeff Domansky According to TransUnion’s latest annual fraud survey, fraudsters are finding new ways to scam merchants and consumers, leading to a new growth industry. Overall fraud grew 9.4% globally from 2020 to 2021 and 52.2% from 2019 through 2021, according to the company’s ...
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By Jeff Domansky As PayPal’s CFO saw Tuesday, some earnings calls provoke unexpected consequences. In an effort at transparency, and because it is material, CFO John Rainey revealed inflation and supply chain challenges impacted consumer spending, and PayPal would likely not reach its ambitious goal ...
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By Rodger Desai, Prove Co-Founder & CEO As we evolve into a more phone-centric and mobile-first world, digital identification is becoming a powerful tool to enable safer and more secure transactions and digital interactions. In tandem, the digital payments industry is rapidly expanding alongside us ...
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By Jeff Domansky The same day US DOJ officials held a news conference high-fiving their success in charging two international ransomware hackers, online discount stockbroker Robinhood revealed intruders breached data of millions of customers. Bloomberg reported personal data of one-third of Robinhood’s customers, about seven ...
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By Jeff Domansky The US Department of Justice (DOJ) released criminal indictments against several global ransomware attackers in addition to the recovery of millions of dollars in proceeds of the cybercrime. Yaroslav Vasinskyi, 22, a Ukrainian national, was charged with conducting ransomware attacks against multiple ...
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