Payments
Fraud Blog posts tagged “Payments”.
More than 40 States Have Enacted Economic Nexus Legislation to Collect Online Sales Tax
Forty-two states plus the District of Columbia have laws in place, already in effect or scheduled to take effect soon, that increase the…
Nov 5, 2021 · 2 min read Industry NewsMore Use Starbucks App for Mobile Payment than Who Use Apple Pay in US
Although Apple Pay is the most popular cross-merchant mobile wallet with more users than Google Pay and Samsung Pay combined, the Starbucks…
Nov 5, 2021 · 1 min read Fraud PreventionProcessing Through Acquirers with Lower Fraud Rates Reduces the Need for SCA Under PSD2
Many merchants both within and outside of Europe are concerned with meeting Strong Consumer Authentication (SCA) requirements and how this…
Nov 5, 2021 · 2 min read Industry NewsProcessors Prepare for Increasing Merchant Chargeback Losses and Look to Increase Reserves
A FinTech lawyer reported that as many as one-fifth of his merchant clients have been contacted by their payment processors about the…
Nov 5, 2021 · 2 min read Industry NewsPutting the Use of Apple Pay and Mobile Payments in Perspective
Although the number of Apple Pay users worldwide more than doubled in 2017, this represents just 16 percent of iPhone owners that have…
Nov 5, 2021 · 2 min read Industry NewsThanksgiving, Black Friday and Cyber Monday all Set New Record Highs
Desktop and mobile eCommerce sales reached a combined $14.5 billion across Thanksgiving, Black Friday and Cyber Monday, while CNP channel…
Nov 5, 2021 · 2 min read Fraud PreventionVisa Canada Requires CVV on All eCommerce Transactions While Providing Merchants New Liability Shift
Visa Canada published a document titled The Future of Payment Security in Canada, detailing several new requirements related to ensuring…
Nov 5, 2021 · 2 min read Industry NewsVisa to Increase Interchange Fees for CNP Transactions this April
After leaving interchange rates mostly unchanged for the past decade, Visa sent a letter to partner banks outlining the coming changes to…
Nov 5, 2021 · 3 min read PaymentsWill Enforcement of SCA in Europe be Pushed Back Again?
The UK’s Financial Conduct Authority (FCA) recently suggested that milestones related to ensuring Strong Consumer Authentication (SCA)…
Nov 5, 2021 · 2 min read Industry NewsAlibaba Spin Off to Acquire MoneyGram for $880 Million
Ant Financial Services Group, the Alibaba Group affiliate formerly known as Alipay, announced the acquisition of major money remittance…
Nov 4, 2021 · 1 min read Industry NewsAmazon Debuts Cash-based Alternative Payment Method
Amazon Cash is the latest payment method and feature supported by Amazon and was designed for the under- and unbanked. Consumers can…
Nov 4, 2021 · 2 min read Industry NewsAmerican Express Leverages Cardholder Online Login Information for Faster Online and Mobile Purchase
Following Visa Checkout and MasterPass, American Express launched their new Amex Express Checkout service in July, but doesn’t want it to…
Nov 4, 2021 · 2 min read