Editor’s Picks

Spike in Friendly Fraud Triggers Review of Chargeback Mechanisms

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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