Cybercrime can cost up to $3.8 billion USD globally, in hard costs. But add in the time and resources that consumers, e-commerce merchants, and FIs spend fighting fraud attacks, and that total balloons to more like $274 billion. That’s according to a new ThreatMetrix report....
Just a few weeks ago, top players and innovators in the B2B payments space gathered at PYMNTS’ B2B conference in New York City. After the keynote speech on global trends and regulations in the space, PYMNTS sat down on-site with John Bruggeman, CEO of Traxpay,...
As companies get increasingly nervous about data security on B2B transactions, the PCI Council is offering some guidance about the need for merchants to better train employees and increase awareness about security protocols. Get the Full Story Complete the form to unlock this article and...
A record number of RMB payments are being made between offshore trading centres, according to a recent article by Cash & Treasury Management File. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
While there’s been an overflow of Apple Pay chatter in the industry, the 7,500-plus attendees at Money 20/20 in Las Vegas and 20,000-plus attendees at CARTES SECURE CONNECTIONS event in Paris showed there’s plenty of interest from industry CEOS about other payment options, security and mobile innovations. Get...
A new, flashy and powerful competitor entering any arena can have any number of effects on the gladiators already slugging it out, a situation that the announcement and launch of Apple Pay has illustrated in real-time in payments over the last ten or so weeks....
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American Express has rolled out its tokenization service designed specifically for online commerce and mobile device, the company said in a press release on Monday (Nov. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Verifone is testing a program with MasterCard to feed payment-card-linked offers to a captive audience of taxi passengers in Las Vegas, Chain Store Age reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...