Bank and credit card fraud losses are likely to reach $44 billion by 2025, and new fraud types — like attacks from false mobile banking apps — are cropping up more frequently. Both cybercriminals and financial institutions (FIs) are relying on one essential component to...
Consumer demand, technological innovation and the evolution of the payment service provider landscape are driving faster payments adoption in the U.S., according to Fiserv Vice President of Payments Strategy and Solution Consulting Deva Annamalai. Get the Full Story Complete the form to unlock this article...
The rise of the cloud and Software-as-a-Service (SaaS) has transformed the way businesses operate, digitizing valuable data with the potential for deeper, more insightful analytics and smarter decision-making. However, this shift comes with a major drawback. Get the Full Story Complete the form to unlock...
For merchants, divining the future of payments — in essence, anticipating what’s next — means looking around corners, thinking about what consumers want, and will want and then laying the technological groundwork ahead of time. Get the Full Story Complete the form to unlock this article...
Independent software vendors (ISVs) have to navigate a brave new world where megamergers are reshaping financial services. And the decision to offer payments may lure some to become payments facilitators (PayFacs). But in an interview with Karen Webster, Daniela Mielke, CEO of RS2, says ISVs...
Consumers lost some $430 billion to fraudsters via online platforms in the past two years, and that figure shows no sign of declining. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Flipkart announced that it has invested $4 million (about Rs 29 crore) in rewards platform EasyRewardz in India, giving Flipkart a 20 percent stake in the startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
To better compete with Amazon, Walmart has decided to revamp its one of its most important lines of defense: the produce department. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Professional services company Aon has announced it’s going to acquire CoverWallet, a digital insurance platform that caters to small and medium-sized businesses (SMBs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...