Collaborate Disseminate
The global digital payment market size is projected to grow from $89.1 billion in 2021 to $180.4 billion by 2026, at a CAGR of 15.2% during the forecast period, according to ResearchAndMarkets. Major growth factors for the market include worldwide init… Continue reading Digital payment market to reach $180.4 billion by 2026
The PCI Security Standards Council (PCI SSC) and the National Cybersecurity Alliance issued a joint bulletin on the increasing threat of ransomware attacks. What is the threat? Ransomware attacks have been front and center in the news over the past yea… Continue reading PCI SSC and the National Cybersecurity Alliance issue bulletin to highlight ransomware threat
Experian released its annual forecast, which reveals five fraud threats for the new year. With consumers continuing to take a digital-first approach to everything from shopping, dating and investing, fraudsters are finding new and innovative ways to co… Continue reading Buy now, pay later fraud, romance and cryptocurrency schemes top the list of threats this year
Outseer has published its latest quarterly Fraud & Payments report, confirming a troubling and massive spike in worldwide brand abuse attacks. The Q4 installment of the report features insights from July through September of 2021 as captured and c… Continue reading Spike in brand abuse attacks, 3-D Secure transaction volume rising
Consumers are increasingly utilising Buy Now Pay Later (BNPL) payment options to make online purchases. Indeed, several e-commerce companies reported huge uptakes in sales, via BNPL, over the festive period, most notably around 2021’s Black Friday and … Continue reading How Buy Now, Pay Later is being targeted by fraudsters
All digital markets are built on trust and that trust has been reduced to an algorithm driven by proof of identity, which currently remains heavily reliant on formal documents such as a passport or driving license. Anyone looking to misrepresent who th… Continue reading Preventing document fraud in a world built on digital trust
Retailers could be shutting down huge revenue streams due to poor shopping sign-up processes, a study from Beyond Identity has revealed. A survey of more than 1,000 people in the UK found that 62% of respondents have abandoned a shopping cart if they a… Continue reading Could passwordless be the solution to poor shopping sign-up processes?
Semafone released a survey which aimed to identify the underlying consumer sentiment on payment experiences with their healthcare providers. Over the last 20+ months, the healthcare system has endured significant challenges and turbulence as a result o… Continue reading How healthcare providers handle safeguards to protect payment and PII
Socure unveiled its survey, providing a stark warning for e-commerce platforms and marketplaces that consumers have zero tolerance for seller-related identity fraud and won’t return to a platform if that occurs. In fact, 51% of consumers are reluctant … Continue reading Seller-related fraud threatens long-term customer retention
We are amid the busiest retail season of the year, with U.S. retail sales expected to grow 10.5% to a record $859 billion this holiday season compared to 2020. The number of transactions is increasing, but so is the number of hackers who are targeting … Continue reading Secure transactions top retailers’ wish lists this holiday season