According to an “Online Payment Fraud” study conducted by Juniper Research, by 2024, e-commerce merchants will lose close to $24 billion to online payments fraud. Fraudsters are also developing increasingly sophisticated fraud attacks. E-commerce merchants must prioritize and take more proactive steps to detect and also prevent e-commerce fraud. By…
In just the last few years, the subscription-based business model of selling both products and services has proven to be incredibly profitable. From ready to prepare dinner kits to personal care, many new businesses, as well as existing businesses, have hopped on the proverbial bandwagon to adopt this model to…
According to an October 15 report from Juniper Research, it was estimated that the mobile banking ecosystem had well over 1 billion users around the world. It was estimated that by the year 2020, this number would double. In March 2016, a Federal Reserve Consumer and Mobile Financial Services report…
Want to get a head start on your Christmas shopping this year? It might be a good idea, given the widespread disruptions in the supply chain. Disruptions mean rising costs and many consumers are wondering how they will be able to finance these purchases. One popular solution that shoppers are…
Microchips are tiny silicon wafers that are essentially the brains that support most of our modern electronics. They can be found in washing machines, smart toasters, refrigerators, and restaurant ordering systems. Just when their demand was beginning to soar, the pandemic disrupted the supply chain for these microchips. The pandemic…
Previously dubbed a “niche form of credit,” Buy Now Pay Later (BNPL) opportunities have burst onto the scene, growing more in popularity, even more so during the pandemic. BNPL refers to a service that allows consumers to purchase a product instantly, but delay full payment until a later date. These…
In June 2021 Apple unveiled new, powerful privacy protections in iOS 15, iPadOS 15, macOS Monterey, and watchOS 8. These protections grant users more control and the ability to manage access to their data. In its commitment to “privacy leadership”, it has expanded its features to include Privacy Nutrition Labels…
Singapore has officially earned the status of “Asia’s leading crypto-financial hub” after a monumental decision by the Monetary Authority of Singapore (MAS) to grant licenses to several digital payment service providers. Reportedly, 170 applicants submitted their case for approval, yet only “several” were approved to receive these licenses on the…
Are your customers paying with a credit card? If so, it’s going to cost them…a lot more. Trying to pay with a credit card has become much more expensive these days. Businesses, in an effort to offset the numerous fees they must pay on credit card transactions, are charging their…
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…