By Rafael Lourenco, EVP, and Partner, ClearSale March 25, 2021 As the world pivoted to online shopping, work, and learning last year, the timeline for mobile usage growth jumped ahead by two to three years in the first half of 2020. Many retailers rolled out shopping ...
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Cybersecurity
By Ron Hynes, CEO of Vesta March 22, 2021 Global losses from payment fraud tripled from 2011 to 2020, and card-not-present (CNP) fraud is proving to be among the most pervasive. Some analysts estimate that retailers will lose $130 billion globally to CNP fraud by ...
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By Jeff Domansky, March 17, 2021 New research from Aite Group shows 47% of US consumers experienced financial identity theft (application fraud in their name or account takeover) in the past two years. In 2019, losses from identity theft cases were $502.5 billion and rapidly ...
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By Jeff Domansky, March 9, 2021 Consumers quickly embraced e-commerce and online payments last year while fraudsters high-fived with record purchase scams, impersonation, money mule schemes, and account takeover scams. A new report from risk management platform Feedzai surveyed 2020 fraud results and painted a ...
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By Jeff Domansky, Feb 22, 2021 When it comes to fraud, universities are just one more appealing target for cybercriminals. Like many businesses, universities are taking proactive measures to prevent B2B fraud, and they’re looking to digital identity platforms and automation to reduce their vulnerability ...
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By Jeff Domansky, Jan 25, 2021 With the new US administration in town, there’s a huge volume of payment news and new developments in the payments industry, and we’ve got highlights to keep you up to speed and in the know. 12 billion records stolen ...
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By Jeff Domansky, Jan 25, 2021 With new threats emerging and the number of attacks growing, global cybersecurity spending is expected to rise 10% in 2021, according to the latest global security forecast by Canalys. The report noted the spending increase could be reduced to ...
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By Jeff Domansky, Jan 11, 2021 Stripe announced it will no longer process payments for the Trump campaign website and fundraising after last week’s riots at the Capitol building in Washington, DC. On its website, the credit card processor’s terms of service say that users ...
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By Jeff Domansky, Jan 8, 2021 Shopify closed two Trump brand stores on its e-commerce platform yesterday in response to the Wednesday violence at the Capitol building in Washington DC. Shopify shuts Trump online store The Ottawa, Canada e-commerce giant powers e-commerce stores for more ...
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By Thayer Stewart, CEO, PaymentWorks, Dec 15, 2020Everywhere you look, the statistics on B2B payments point to a rapid rise in the adoption of digital payments. Checks are still around, of course (and continue to cost businesses money to process), but according to a report ...
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