Forter today released the 8th edition of its Fraud Attack Index, a comprehensive trend report on sophisticated fraud attack vectors and the evolution of fraud. Forter also released a COVID-19 Special Report, focusing on Coronavirus related e-commerce consumer behavior and fraud trends during the Q1 2020. The coronavirus ...
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Yesterday’s announcement of the planned $7.1 billion acquisition of Credit Karma by Intuit represents the impact and the opportunity that fintech presents to more traditional financial services companies. Founded in 1983, Intuit grew into a global giant by providing accounting, tax filing, and financial planning ...
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Best wishes for 2021! Wishing our payment industry colleagues, collaborators, and co-sponsors many happy, healthy horizons ahead in 2021! ...
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It’s already over, except for the actual holiday sales according to the pundits and analysts and there’s not a turkey among them. Here’s a quick snapshot of who’s predicting what for Black Friday through Cyber Monday as well as the entire 2019 holiday sales season. ...
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Chinese travelers are currently the largest spenders and the fastest-growing traveler segment in Europe. This presents EU businesses with an opportunity for growth by serving this new consumer market if they can figure out how to handle payments seamlessly. To help EU merchants meet this ...
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Payments fraud is growing at 14% year over year, faster than overall retail sales, and growth in mobile fraud is also accelerating. According to Juniper Research, retailers could lose as much as $130 billion between 2018 and 2023, reaching $7.2B by the year 2020. Fraud ...
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With the launch of its MasterCard Digital Wellness program, the payments giant is making some smart moves to enhance digital payments and security for the small business sector. The new AI technology and suite of resources helps small and independent businesses offer online customers password-free, ...
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E-commerce, global competition, and changing shopper tastes and demographics have caused dramatic disruption in the US retail marketplace. Coresight Research tracked 5,524 US store-closures in 2018 compared to a record 8,139 closures in 2017. The company says at the end of May, the number of ...
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Welcome to this week’s global payments news roundup which leads off with an interview with Bank of America CEO Brian Moynihan who talks about moving towards a cashless society. Next, we look at Facebook’s Libra cryptocurrency announcement and what’s ahead for the proposed new cryptocurrency ...
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At Fortune’s Brainstorm Finance conference in Montauk, NY yesterday, Bank of America (BoA) CEO Brian Moynihan said his bank is ready for a cashless society. Moynihan highlighted how his financial institution has embraced fintech and “probably spent $30 billion on code” in the past eight years ...
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