PaymentsNEXT looks at online security, cybercrime trends, e-commerce fraud, ATM fraud and recent data breaches. ...
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e-commerce fraud
e-commerce fraud
Forter cited a 79% increase in the risk of fraud for 2016 US holiday orders with biggest increases in apparel (69.9%), food and beverage (49.8%), and travel and hospitality (33%). ...
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Today, we have a roundup of payments industry research, trends and news from Capgemini, Ripple Tech, ClearBank, Blockchain, ThreatMatrix and more. ...
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According to Salesforce, 31% of millennials use mobile as their primary banking option, followed by 51% of Gen-X and 40% of baby boomers using a combination of mobile and banking. More news ahead from PaymentsNEXT. ...
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JP Morgan Chase estimates chargebacks are growing annually by 20% while online sales grow at only 7%. Our news roundup looks at why. ...
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Identity fraud hit more than 15.4 million or 6.15% of US consumers in 2016, an increase of 16%. Card-not-present fraud, driven mainly by growth in e-commerce and mobile commerce, grew 40% according to Javelin Strategy & Research. ...
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Visa's latest stats show EMV chip-enabled merchants now account for 46% of in-store payments volume with over 800 million chip-on-chip transactions in November, up 359%. ...
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Chargebacks are a challenging issue for e-commerce and retail business of all sizes, not to mention financial institutions. Today, we're looking at what's on the horizon for chargebacks in 2017. ...
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We've gathered expert advice on chargeback management as well as the latest research to guide your fraud and security management strategies in 2017. ...
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The employee training part of fraud management cannot be underestimated as this report from TV station KRQE shows. Data from EMVCo shows 394 million EMV chip cards already in circulation in the US. That's 26% of the market but only 7% of transactions are EMV purchases as the US lags in utilization. ...
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