According to the European Central Bank, 79% of all card fraud in 2018 occurred online from Card Not Present (CNP) transactions. In cash terms, this equates to €1.43bn in fraud losses and represents a whopping 17% increase on the previous year.[1] Against this backdrop you’d be forgiven for thinking that, for merchants, PSD2’s Secure Customer…
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If there is anything that 2020 taught us, it is the need for speed when it comes to the adaptation of services and their delivery. The world was changed overnight with the arrival of a virus that challenged and shook up our daily lives to the core. Across many sectors, organisations worked quickly to help…
Approximately 60,000 professionals from around the world attended the Singapore FinTech Festival. The 5-day event was held entirely online Dec. 7 to 11, with a 24-hour agenda designed to accommodate a massive global audience. Participants included major FinTech ecosystem players from financial services, technology, innovation sectors all over the world. The show attracted FinTech advocates…
For decades, tradeshows have provided networking, deal-making and educational opportunities to payments professionals. When the COVID-19 pandemic forced a pivot to virtual events, it fueled a nascent industry of service providers and digital conference technology platforms. Part 1 of this series chronicled the rapid rise of virtual events in 2020, as organizers overcame challenges to…
Merchants Can Provide Convenient, Contactless Shopping, Especially Critical During the High-Traffic Holiday Season LOS ALAMITOS, Calif. – Oct. 21, 2020 – Merchants are reimagining their operations for the 2020 holiday shopping season. This time of year between Black Friday and New Year’s Day is critical because it typically brings in the vast majority of retailers’ annual…
