| In Fight Vs. Online Fraud, Everlast Finds Its Perfect Combination
Venerable retailer. Iconic name. Easy mark for online fraud and a knockout to the bottom line? Yes, if manual review means missing warning signs of fraudsters while turning away good orders, as boxing equipment vendor Everlast found in its move toward eCommerce. Hereâs how Everlast got off the canvas and improved its online approval results. Read More... |
| Slowing Down Faster Payments Fraud
Payments have gotten faster and smarter, but so have fraudsters. Just ask U.K. banks when the dawn of faster payments unleashed a tidal wave of fraud, despite tighter authentication standards. Biocatch co-founder Uri Rivner and Karen Webster hosted a digital chat on Monday that dug into the reasons why, and the one authentication method that saved the day (and lots of losses).
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| Paytmâs WeChat Ambitions
Paytm, India's biggest mobile payments player, is adding chat functionality â and, as such, competing directly with WhatsApp â the nation's largest chat app. But it's not about taking on WhatsApp, says Paytm, so much as about taking a page from WeChat's book and offering more complete commerce functions. And with its 40 percent stake in it, perhaps even creating an Alipay/Ant Financial version of it. Read More... |
| | Faster Payments Tracker™ | | NEW REPORT: The Community Banks' Faster Payments Wake-Up Call
Previous stereotypes be damned, recent research pegs Millennials as entrepreneurial, with almost half the generation planning to start businesses within the next three years. For community banks, itâs a wake-up call to adopt faster payment solutions that younger customers expect â or get left behind. For Augustâs Faster Payments Trackerâ¢, PYMNTS interviews ICBA Bancard CEO Tina Giorgio, who explains why a âwait and seeâ approach could hurt community banks. Plus, notable news, including the Fedâs Faster Payments Task Force report. Read More... |
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