Editor’s Picks

Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms
June 15, 2022  |  Security & Fraud

First-party misuse — known as “friendly” fraud — can be difficult to detect, and reducing it is a delicate matter of telling true policy abusers...

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Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
Retail Sales Turn Negative, Reflect Broad-Based Consumer Caution
June 15, 2022  |  Retail

U.S. retail sales unexpectedly fell 0.3% in May from a downwardly revised 0.7% pace in April, extending a four-month slowdown and delivering the strongest proof...

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Shoppers Return to H&M Stores as COVID-19 Fears Subside
Shoppers Return to H&M Stores as COVID-19 Fears Subside
June 15, 2022  |  Retail

The lifting of quarantines and other pandemic-related restrictions across Europe and around the world led shoppers to return to the brick-and-mortar locations of fashion retailer...

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PayPal Launches Pay Monthly BNPL Offering
PayPal Launches Pay Monthly BNPL Offering
June 15, 2022  |  Buy Now Pay Later

PayPal has debuted PayPal Pay Monthly, a buy now, pay later (BNPL) offering issued by WebBank, according to a Wednesday (June 15) press release emailed...

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Retailers Counter Fraud With Digital Innovation — and a Bit of Kindness
Retailers Counter Fraud With Digital Innovation — and a Bit of Kindness
June 15, 2022  |  Security & Fraud

Fraud prevention platforms are fine-tuning as the dust of the great digital shift settles, and a prime revelation from this activity is that stopping fraud...

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Bitcoin Plummet Triggers $1B in Margin Calls 
Bitcoin Plummet Triggers $1B in Margin Calls 
June 14, 2022  |  Cryptocurrency

About $1 billion guaranteed by some 260,000 market investors was liquidated due to margin calls in the past 24 hours, according to data from CoinGlass,...

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Over 50% of FIs Say Admitting Need Is First Step Toward B2B Payments Progress
Over 50% of FIs Say Admitting Need Is First Step Toward B2B Payments Progress
June 13, 2022  |  B2B Payments

Modernizing payments is a critical initiative for financial institutions (FIs) and the companies of all stripes and sizes that depend on them, and yields critical...

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The Data Point: 56% of Consumers Bought Food Online in April, Up 9% Over March
The Data Point: 56% of Consumers Bought Food Online in April, Up 9% Over March
June 13, 2022  |  Connected Economy

People are undoubtedly back outside, soaking up sunshine and enjoying the sensation of not breathing through a paper mask. Some slowed their online activities in...

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UK Online Retail Sales Fall 8.7% in May
UK Online Retail Sales Fall 8.7% in May
June 13, 2022  |  Retail

Sales by discount retailers fell 15% in May across the United Kingdom, leading an overall 8.7% year-over-year drop in those types of purchases in the...

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