We’ve got highlights of two new and important reports for the payments industry. The first is PwC’s look at the impact of fintech on the financial services industry. The second report is ThreatMetrix’s Q4 2017 Cybercrime report, which is a real eye-opener.  Lots of valuable business intelligence in these reports and they are highly recommended reading.

PwC: Where is fintech’s biggest impact on financial services?

http://paymentsnext.com/pwc-where-is-fintech-biggest-impact-on-financial-services/The impact of technology on financial services has been rapid and significant according to PwC’s 2017 Global Fintech Report – Redrawing the lines: FinTech’s growing influence on Financial Services. Let’s take a look at where PwC says financial services have been hit the hardest and what’s on the horizon. Read more…

ThreatMetrix Q4 Report: New cybercrime battlegrounds, trends

http://paymentsnext.com/threatmetrix-q4-report-new-cybercrime-battlegrounds-trends/ThreatMetrix analyzed more than 7.9 billion transactions and we have highlights of its Q4 2017 Cybercrime Report. New cybercrime battlegrounds are growing and adapting with consumers’ use and adoption of new technologies. Here’s a snapshot of what new threats are on the horizon. Read more…

ThreatMetrix Q4 Report: Cryptocurrency cybercrime is growing fast

https://blockcointoday.com/threatmetrix-q4-report-cryptocurrency-cybercrime-is-growing-fast/Imagine 10%-20% of funds in your business are owned by criminals? And 4.3% of your new accounts and 4.1% of all payments are fraudulent? If that’s the case, you’re likely running a cryptocurrency exchange or an online gambling site. Buried inside the new ThreatMetrix Q4 2017 Cybercrime Report is a very interesting section on the increasing risk of cryptocurrency fraud and gambling site fraud. Read more…