Payments
Fraud Blog posts tagged “Payments”.
Apple Pay Adoption Moved Slow, but 2015 a Big Year for Mobile Payments Overall
Apple CEO Tim Cook may not have had the year he was hoping for after saying that 2015 would be the year of Apple Pay, but it was a strong…
Nov 4, 2021 · 3 min read Industry NewsApple Pay Launches in the United Kingdom with 8 Banks and 250,000 Merchant Locations On Board
On July 14th, about nine months after its release in the United States, Apple Pay became available in a second market, the United Kingdom.…
Nov 4, 2021 · 2 min read PaymentsCard Issuer False Positives Represent $118 Billion in Lost Processing Volume
According to a recent study by Javelin Strategy & Research, issuers left $118 billion on the table last year by wrongly declining payment…
Nov 4, 2021 · 2 min read Industry NewsConsumers Were More Likely to Shop with Mobile Devices Online Rather than In-Store This Black Friday
Although mobile eCommerce sales accounted for $1.2 billion on each Black Friday and Cyber Monday, consumers shopping in-store were much…
Nov 4, 2021 · 2 min read Industry NewsDecline in Total Retail Sales Over Thanksgiving Weekend Followed by Largest U.S. Online Shopping Day
In the four days from Thanksgiving to the following Sunday total U.S. retail spending declined, but eCommerce retail enjoyed strong growth…
Nov 4, 2021 · 3 min read Merger & AcquisitionsDyre Malware Picks Up Where Zeus Left Off
Since the takedown of the Zeus botnet in June 2014 fraudsters have moved to a new malware of choice, known as Dyre, which also seeks to…
Nov 4, 2021 · 3 min read Industry NewseCommerce Retail Spending Thanksgiving through Cyber Monday Grew 10 Percent
According to estimates from comScore, U.S. consumers spent over $7.2 billion online from PCs during the five day period from Thanksgiving…
Nov 4, 2021 · 3 min read Merger & AcquisitionsFirst Data, North American Bancard Each Complete Major Payment Acquisitions
At the end of May, First Data announced they had reached agreement to acquire another large, publicly traded payment processor,…
Nov 4, 2021 · 2 min read Merger & AcquisitionsFIS Acquires Clear2Pay, Possibly to Speed Up Development of Payment Network ACH Alternative
FIS Inc. announced the acquisition of Brussels-based payment technology company Clear2Pay for €375 ($493.3) million in early September.…
Nov 4, 2021 · 2 min read Industry NewsGet Ready for Facebook’s Foray into Payments
Facebook announced new features to their Messenger service in March allowing users to make P2P payments, but didn’t stop there. They have…
Nov 4, 2021 · 3 min read Industry NewsGoogle Wallet Partners with and Acquires Softcard’s Technology
While there had been rumors that Google was in talks with Softcard to acquire the mobile network’s joint venture, the two organizations…
Nov 4, 2021 · 3 min read Industry NewsGrowing Mobile Traffic Underscores Importance of Mobile Friendly Sites and Apps
According to data from comScore, 13 percent of U.S. Internet users that visited retailers online did so only using mobile devices,…
Nov 4, 2021 · 4 min read