Articles with tag: report

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250% increase in fraud attempts although detection remains strong, IDnow reports

News | Digital Identity, Security & Online Fraud | 26 Nov 2020

Identity Verification-as-a-Service solutions provider IDnow has published the latest figures on changes in fraud methods within the digital environment in its Cyber Security Report 2020. 

IDnow, report, fraud, COVID-19, pandemic, coronavirus, fraud detection, ID, social engineering

Many fintechs simply want to survive in 2021, study reveals

News | Payments General | 24 Nov 2020

The priority for one in ten fintech firms over the next year is survival, according to FinTech Connect’s FinTech State of Play Benchmarking Report.

FinTech Connect, FinTech State of Play Benchmarking Report, fintechs, Wirecard scandal, Brexit, study, UK, digital transformation, pandemic,

MerchantE adds new ecommerce features to their Business Essentials bundle

News | Ecommerce | 12 Nov 2020

US-based end-to-end payments platform MerchantE has announced new features for their Business Essentials bundle to assist merchants with conducting ecommerce.

MerchantE, US, product launch, Business Essentials, ecommerce, reporting, analytics, online store, Facebook, Instagram, online orders, EMV payment, online payments, card payment processing, PCI compliance

Australian Fintech Archa aims to reinvent the corporate card market with the help of i2c

Voice of the Industry | Cards | 11 Nov 2020

Archa, an Australia-based fintech, has explored the opportunity of providing a corporate card program for SMBs, and has partnered with i2c to power up the technology behind this product

i2c, Archa, fintech, corporate cards, onboarding, cashflow, spending report, SMBs

Ecommerce, digital payments set for growth in 2021 across MENAP, Checkout.com shows

News | Online Payments | 10 Nov 2020

Checkout.com has revealed in a report that he ecommerce and digital payment industries in the Middle East and North Africa, Pakistan (MENAP) region are set for major growth in 2021.

Checkout.com, study, report, ecommerce, digital payment, MENAP, The Connected Payments in MENAP, cash payments, online shopping, merchants, digital wallet, online shoppers

ESMA finds deficiencies in BaFin supervision of Wirecard's financial reporting

News | Digital Identity, Security & Online Fraud | 04 Nov 2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the results of its Fast Track Peer Review which involved Wirecard and BaFin.

ESMA, BaFin, Wirecard, supervision, EU, securities markets regulator, Fast Track Peer Review, FREP, GLEFI, financial reporting

Banks go digital, reduce physical branches opening hours, report

News | Online & Mobile Banking | 02 Nov 2020

Deloitte has released a report covering the digitalisation process of 318 banks from 39 countries called DBM - Digital Banking Maturity.

Deloitte, banks, report, branches, digitalisation, DBM, Digital Banking Maturity, digital banking, online banking, retail banking, UX

Bots more widespread than expected, 88% of companies find existing bot protection tools ineffective

News | Digital Identity, Security & Online Fraud | 29 Oct 2020

The 2020 Bot Landscape and Impact Report by Kount has revealed that bots are more widespread than expected, and 88% of companies find existing bot protection tools largely ineffective.

Kount, bot attacks, ecommerce, report, study, online fraud, bot detection, retail, fraud prevention

Women seek flexible payment options this holiday season, survey shows

News | Ecommerce | 28 Oct 2020

A daVinci Payments study reveals women intend to shop online and mobile more this holiday season with the belief normalcy will not return until 2022 or later.

daVinci Payments, online shopping, ecommerce, mobile payments, report, study, holiday sales

EUR 36 billion lost in online scams, Scamadviser reports

News | Digital Identity, Security & Online Fraud | 28 Oct 2020

A Scamadviser report has stated the volume of online scams and money lost has grown by 40% in 2020 and EUR 36 billion are lost in online scams.

Scamadviser, security, online fraud, report, study, cybercrime

Use of cash has decreased, while PaaS platforms increase during the COVID-19 pandemic

News | Online Payments | 27 Oct 2020

A report from Grand View Research has revealed that the global payments as a service market size is expected to reach USD 25.7 billion by 2027.

Grand View Research, report, research, payments as a service, PaaS, merchants, digital money, contactless payments, e-wallets, digital wallets, COVID-19, pandemic, cash transactions, payee

Payment methods in 2020 – The global overview

Voice of the Industry | Online Payments | 26 Oct 2020

Alexandra Constantinovici, senior editor with The Paypers, drills down on the most relevant updates in the global payments industry, with focus on key particularities from each geography. 

Payment Methods Report, The Paypers, payment methods, online payments, mobile payments, cashless society, QR payments, pay later solutions, Asia, US, UK, Spain, The Netherlands, Southeast Asia, Africa, Kenya, Nigeria, LATAM, Brazil, Mexico, Japan, Singapore, ecommerce, online commerce, Unified Payment Interface, Tap-on-Phone, POS, mobile POS

PFMs that still rely on screen scraping should embrace Open Banking APIs

News | Online & Mobile Banking | 22 Oct 2020

Yolt Technology Services (YTS) has conducted a survey  across the UK and the Netherlands to better understand the perception of different industries towards open banking.

UK, Netherlands, open banking, screen scraping, personal finance, PSD2, SCA, Strong Customer Authentication, finance management, report, standardisation, compliance, security, data privacy, money management, COVID-19, survey, Yolt Technology Services, consent

Mobile wallet transactions in India to exceed 1.4 tln in 2024, says GlobalData

News | Mobile Payments | 21 Oct 2020

GlobalData has revealed that mobile wallet transaction is expected to surpass USD 1.4 trillion in 2024.

GlobalData, research, report, mobile wallet, transaction, India, Bharat QR, COVID-19, POS, Paytm

Global supply chain activity surges to pre-pandemic levels in Q3

News | E-invoicing, SCF & E-procurement | 21 Oct 2020

The number of purchase orders and invoices exchanged across global supply chains has risen by 15% in Q3 after falling by a similar margin in Q2, the latest Index of Global Trade Health from Tradeshift can reveal. 

Tradeshift, supply chain, payments, invoices, transactions, digitalisation, buyers, suppliers, report

Singaporeans expect retailers to adopt unified commerce, Adyen report shows

News | Ecommerce | 20 Oct 2020

New data released by Adyen has revealed that Singapore-based consumers were quick to adapt, adopting online channels at a rate well above the global average.

Adyen, research, Singapore, 2020 Agility Retail Report, shopping apps, ecommerce, retailers, online shopping, contactless payments, self-checkout, kiosks, rewards programmes, credit card, loyalty programme

EBA aims to revise Guidelines on major incident reporting under PSD2

News | Ecommerce | 15 Oct 2020

The European Banking Authority (EBA) has launched a public consultation that proposes revising the Guidelines on major incident reporting under the Payment Service Directive (PSD2).

European Banking Authority, EBA, PSD2, PSP, reporting, security breaches, payments, reporting, fraud prevention, Europe, merchants

India, trading partners face USD 38 bln growth opportunity, Standard Chartered report

News | E-invoicing, SCF & E-procurement | 13 Oct 2020

Standard Chartered has released its Trade Opportunity Report, revealing how businesses could increase exports to India by more than USD 21 billion annually.

India, trading, trade growth, Standard Chartered, Trade Opportunity Report, exporter, bilateral trade, trade opportunity, COVID-19, US, Malaysia, Indonesia, Singapore, UK, ASEAN, Thailand, Vietnam, South Korea, France, Germany

Interview with Rebekah Moody, LexisNexis® Risk Solutions on cybercrime trends amid COVID-19

Interviews | Digital Identity, Security & Online Fraud | 12 Oct 2020

Rebekah Moody, Market Planning Director, Fraud & Identity, LexisNexis Risk Solutions shares with The Paypers what were the main fraud trends that the team has seen from analysis of the LexisNexis® Risk Solutions Digital Identity Network® between January and June 2020

LexisNexis Risk Solutions, Rebekah Moody, fraud, cybercrime, Digital Identity Network, Cybercrime Report, automated bot attacks, EMEA, customer journey, COVID-19, digital banking,

iDEAL innovation made easy with PSD2

Voice of the Industry | Online Payments | 08 Oct 2020

Rob Hoitink from iDEAL runs us trough all the ways in which PSD2 allowed iDEAL to innovate and improve its offering for the Dutch consumer market and beyond

Rob Hoitink, iDEAL, online payments, Payment Methods Report, PMR, Online Payment Platform, PSD2, Payments Service Directive 2, Central Judicial Collection Agency, iDEAL payment, SEPA Credit Transfer, SCT Inst, third-party providers, open APIs, Europe, European Union