Emarketer projected that e-commerce is set to grow another 13.7% in 2021, hitting $908 billion in e-commerce sales. While e-Commerce is enjoying an unstoppable force of growth, fraud is also quickly gaining ground. Juniper Research released a study, “Online Payment Fraud: Emerging Threats, Segment Analysis & Market Forecasts 2021-2025,” where…
With the surge in online transactions worldwide, customers are becoming more particular in how they participate within the payment ecosystem. Specifically, they are demanding two qualities that are absolutely non-negotiable: security and convenience. EMV Specifications are answering the call, addressing the issues by filling in the security gaps. What Are…
When it comes to the terms underbanked and unbanked, there is a tendency to use these words interchangeably. However, there are clear distinctions between the two. The underbanked refers to people that don’t take full advantage of financial services. This is especially true with banks. It may partially have to…
With so many moving parts to running a business, it is very common to put your payment solution on autopilot and let it do its thing from day in to day out. You may see it as simply another cog in the wheel, keeping things turning, assisting you to generate…
WEX, a major financial technology service provider for sectors such as healthcare, travel, and fleet, in collaboration with E(BrandConnect), a commercial arm of The Economist Group, released a white paper titled, “The Digital Payments Tipping Point”. The aim was to assess the current state of payment innovation for B2B payments…
A report produced by PwC Global titled, “Emerging Markets: Driving The Payments Transformation” details how consumers’ needs are driving the revolution in payments within emerging markets. According to the study, 85% of the global population live in countries known as emerging markets. Representing one-third of the world’s population, China and…