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Sumsub launches an advanced deepfake detection technology

News | Digital Identity, Security & Online Fraud | 23 Jun 2023

UK-based security and transaction monitoring solutions provider Sumsub has launched an advanced deepfake detection technology.

deep fake, fraud detection, fraud prevention, product launch

Sumsub statistics show increased fraud rates in North America

News | Digital Identity, Security & Online Fraud | 05 Jun 2023

Security and transaction monitoring solutions provider Sumsub has shared fraud data statics for North America which showcase an increase in forced verification and deepfakes.

online fraud, identity theft, identity fraud, deep fake, KYC, financial crime, cybersecurity, identity verification, cybercrime, artificial intelligence, data analytics

Winning by putting the customer first and technology second - What you need to look out for

Interviews | Online & Mobile Banking | 29 Jun 2022

Miriam van Straelen, Partner at Roland Berger, provides the recipe for an amazing customer experience and describes the main CX trends in banking and fintech.

customer experience, digital onboarding, embedded finance, BNPL, digitalisation

Scams accounted for 59% of blocked user-generated malicious content within Sift's network in Q1 2021, report finds

News | Digital Identity, Security & Online Fraud | 30 Jun 2021

Sift has released its Q2 2021 Digital Trust & Safety Index report, which revealed that scams accounted for 59% of blocked user-generated malicious content within Sift’s network during the first quarter 2021.

Sift, online fraud, scam

Spain-based company Wallapop raises EUR 157 mln for its classifieds marketplace

News | Ecommerce | 25 Feb 2021

Wallapop, a Spain-based virtual marketplace that lets people resell their used items, has raised EUR 157 million.

marketplace, funding, online shopping, COVID-19, ecommerce, Wallapop

Online Payment Platform, ibanXS partner for PSD2 Open Banking platform

News | Online & Mobile Banking | 16 Nov 2020

PSP Online Payment Platform has chosen ibanXS as their pan-European PSD2/Open Banking-platform for Payment Initiation and Account Information Services.  

online payment platform, ibanXS, PSD2, Open Banking, platform, Europe, PSP, eBay, PayPal

ZoodMall, OpenSooq adds Qi Card as payment method

News | Ecommerce | 05 Oct 2020

Qi Card,  an electronic payment solution and the national debit/credit card of Iraq, has announced that two retailers, ZoodMall and OpenSooq, have started accepting Qi Card as a form of payment.

ZoodMall, OpenSooq, Qi Card, payment method, card scheme, domestic card network, retail, cross-border payments

eBay to sell its business unit to Adevinta for USD 9.2 bln

News | Ecommerce | 23 Jul 2020

eBay has revealed it reached a deal to sell off its Classifieds business unit to Adevinta, a Norway-based classified ads publisher majority owned by Norwegian publisher Schibsted.

Adevinta, acquisition, eBay, classifieds, ecommerce, payment services, regulations

Yandex.Checkout to help businesses reduce the number of declined transactions

News | Digital Identity, Security & Online Fraud | 09 Apr 2020

Yandex.Checkout has launched a new feature for businesses: payment acceptance using the automatic update of card details for Visa and Mastercard bank cards.

Yandex.Checkout, decline transactions, merchants, tokenization

Ecommerce startup Jumia files for IPO

News | Ecommerce | 13 Mar 2019

Nigeria-based ecommerce startup Jumia has filed for an IPO on the New York Stock Exchange, according to TechCrunch.

ecommerce, Nigeria, Africa, startup, Jumia, IPO

Premier Property Lawyers leverages Shieldpay instant digital escrow facility

News | Digital Identity, Security & Online Fraud | 30 May 2018

My Home Move`s law company subsidiary Premier Property Lawyers has leveraged Shieldpay`s stant digital escrow facility to power the UK’s fully digital mortgage settlement.

Shieldpay, digital escrow, digital mortgage, UK, risk, fraud, identity verification

The open questions of opening APIs – Interview with Dennis Van Allemeersch

Interviews | Interviews | 02 Nov 2017

Dennis Van Allemeersch, the European Retail Payments Board: Connection is about eliminating unnecessary steps in opening accounts, uploading and sending information, initiating banking services”

Open APIs, Open Banking, innovation in banking, Dennis Van Allemeersch, European Retail Payments Board, banks, fintech, interview, merchants

How to select the best PSP in a fragmented payment methods landscape?

Interviews | Interviews | 20 Apr 2017

Dennis Van Allemeersch, Beate Uhse: Looking at the sales-marketing-service triangle makes an important PSP selection which can facilitate your business in this regard

Dennis Van Allemeersch, Beate Uhse, sales, marketing, service, PSP, business, interview, payment methods, PSD2

The key to winning the payments battle in high growth markets

Voice of the Industry | Expert Opinion | 28 Sep 2016

Arthur van Wijck Jurriaanse, PayU: When entering a new market, a clear business case must be made

Arthur van Wijck Jurriaanse, PayU, online payments, Netherlands, market, payment method, business

Simility Fraud Prevention Platform available globally

News | Digital Identity, Security & Online Fraud | 27 May 2016

Simility has announced the general availability of its Fraud Prevention Platform, across ecommerce sites, social networking sites, classifieds and marketplaces.

fraud prevention, machine learning, ecommerce, online marketplace, transactions , security, management risk, Simility

eBay joins FIDO Alliance, launches FIDO-certified authentication server

News | Digital Identity, Security & Online Fraud | 30 Mar 2016

eBay has become a member of the FIDO Alliance and revealed its FIDO Certified open source authentication server based on the FIDO UAF protocol.

online fraud, online security, cyber security, fraud prevention, eBay, FIDO Alliance

eBay faces court call over classifieds mobile app denomination issue

News | Ecommerce | 15 Mar 2016

eBay, a US auction platform, has been sued by a former Alibaba representative on grounds of trademark registration issues for the classified mobile app Close5, owned by eBay, which sounds too close to 5miles, owned by the representative in question, according to a lawsuit filed in February 2016.

eBay, retailer, auction, platform, ecommerce, court call, classifieds, mobile app, ecosystem, Customers

Over 70 percent of startups are negligent about security

News | Digital Identity, Security & Online Fraud | 07 Mar 2016

Cybercriminals are looking to exploit vulnerabilities in the IT infrastructure of Indian startups to steal customer data, a recent study unveils.

online fraud, online security, cyber security, fraud prevention, startups, cybercrime, cybercriminals

Rocket Internets AIG raises whopping EUR 300 million plus Goldman Sachs, existing investors

News | Ecommerce | 03 Mar 2016

Africa Internet Group (“AIG”) has secured more than Euro 300 million in funding from new and existing investors, including the previously announced funding commitment from AXA, an insurance and asset management compnay and Goldman Sachs.

Rocket Internet, ecommerce incubator, AIG, internet solutions, fund raise, Goldman Sachs, existing investors

Naspers to raise USD 2.5 bln for acquisitions of ecommerce companies

News | Ecommerce | 07 Dec 2015

Naspers, a South African-based multinational internet and media group, plans to raise USD 2.5 billion through the sale of 17.1 million shares.

Naspers, investments, funding, acquisitions, ecommerce, companies, merchants, retailers, internet