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Europe stands to lose €57 billion in economic activity in the first 12 months after SCA takes effect, according to a Stripe study conducted by 451 Research. The findings are based on surveys conducted with 500 qualified payment professionals at online … Continue reading Europe’s online economy risks losing €57 billion as SCA is enforced
People trust banks and other financial entities to safeguard their personal data more than other organizations. New nCipher Security research also illustrates how easily that trust can be eroded, along with Americans’ personal data protection concerns … Continue reading Consumers trust banks most with their personal data, 68% still fear identity theft
Smart payments adoption shows substantial growth, but consumers have significant security concerns. TNS’ Consumers Confirm Smart Payments Adoption report evaluates US, UK and Australian consumer experiences with and attitudes toward smart payment techn… Continue reading Consumers willing to adopt smart payments but companies need to guarantee security
Findings from a new McAfee survey reveal the risky habits of online shoppers, including using unsecured Wi-Fi for online shopping and purchasing items from online retailers they are not fully confident are genuine (51 percent). This highlights the need… Continue reading Online shoppers continue to engage in risky behavior
A WEX survey of more than 1,000 CFOs and senior financial executives from the U.S., Europe and Asia/Oceana revealed that for this group, security is paramount in payments solutions or platforms. Security – both of information and settlements R… Continue reading What senior finance executives think about payments security
Google has announced that, starting from Chrome 71, users will be explicitly warned when attempting to visit pages that try to trick them into signing up for mobile-based subscription services. The warning Pages that ask for users’ mobile phone d… Continue reading Chrome will start warning users about shady mobile subscription pages
More than half (52%) of online SMBs globally worry that the move to frictionless payments, such as transactions that take place behind the scenes in apps, is leaving them more open to fraud and will negatively impact revenues according to a new report … Continue reading 66% UK SMBs believe they are being aggressively targeted by fraudsters
With the Magecart attackers compromising web shops left and right, online shopping is becoming a risky proposition. After Ticketmaster, British Airways and Feedify, two new Magecart victims have been identified: the broadcasting giant ABS-CBN and onlin… Continue reading New Magecart victims ABS-CBN and Newegg are just the tip of the iceberg
As the second Payment Services Directive continues its rollout, regulations making it obligatory for organisations to implement strong customer authentication (SCA) in online payments will come into force on September 19th this year. Despite the proxim… Continue reading PSD2 SCA requirements will be implemented soon, are you ready?
WEX released the results of a third-party survey to gauge views of the payments-processing ecosystem from chief financial officers and senior financial executives across the globe. The survey of more than 900 CFOs and senior financial executives from t… Continue reading Most executives trust cloud-based systems to keep account payables secure