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US-based banks face losses as personal loans decline continues

News | Payments General | 03 Sep 2020

Data and analytics company GlobalData has observed that US-based banks continue to face severe loses as they experience low net interest margins and falling fee income. 

US, banks, losses, personal loans, net interest margins, fee income, covid, consumer spending, credit card loans, retail banking, liquidity, low credit rates

China-based P2P lenders report USD 115 bln in losses due to scams

News | Digital Identity, Security & Online Fraud | 17 Aug 2020

Peer to peer (P2P) investors based in China have reported losses of over USD 115 billion in unpaid debt, due to failed lending platforms.

China, P2P lending, lenders, P2P lenders, scams, losses, unpaid debt, lending platforms, Chinese Banking Regulatory Commission, regulators, funds, investigations, scammers, fraudulent schemes

PayCertify, Chargebacks911 team up for a merchant services system to reduce chargebacks

News | Digital Identity, Security & Online Fraud | 27 May 2020

Online payment processor for the ecommerce, healthcare, and hospitality sectors PayCertify has announced its partnership with dispute management specialist Chargebacks911

PayCertify, launch, merchants, chargeback, losses, online revenue, Chargebacks911, management, ecommerce, online payments, data, fraud, customer behaviour, collaboration, partnership

Sift reveals ecommerce fraud tracker

News | Digital Identity, Security & Online Fraud | 27 Apr 2020

Sift has announced the release of its COVID-19 and E-Commerce Fraud Tracker, a weekly updating digest of changes in ecommerce and fraud amid the coronavirus pandemic. 

Sift, launch, COVID-19, coronavirus, ecommerce, fraud, trust, safety, cybercriminals, pandemic, shopping behaviour, payment fraud, losses, groceries online, physical ecommerce