Category: E-payment & Data Security

August 28, 2023

Are you ready to live in a cashless society? CBS News reports that a Los Angeles councilwoman introduced a motion this month that aims to ban any retail business that refuses to take cash payments. The councilwoman’s concern is that […]

July 5, 2023

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. As new payment options continue to gain traction, traditional payment […]

May 3, 2023

PayPal is set to invest in threat prevention developer, Deep Instinct, which is the first organisation to apply deep learning to cybersecurity. PayPal Ventures joins existing investors which includes Black Rock, Chrysalis Investments, Millennium, Unbound, Untitled Investments, The Tudor Group […]

April 25, 2023

Shopify has tapped Israeli B2B payments startup Melio to launch a new bill payment tool that has been designed to give US merchant customers the ability to manage their expenses and vendors via its platform. The company‘s global head of […]

April 10, 2023

Regional payments can be complex. It’s like a symphony where each instrument plays an individual role but is part of the whole to create one harmonious overall outcome. For retailers and regional payments, consumer payment preferences play one piece, while […]

April 3, 2023

Retail operations are an increasingly popular target for cybercriminals. The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. Employing tactics ranging from social engineering to credit card skimming, criminals can […]

March 31, 2023

Retailers know that customer engagement must be the focus of their marketing efforts. And it’s increasingly clear that brands that embrace financial services within the customer journey are scoring highly on engagement scores. The only problem is, for many retailers, […]

March 21, 2023

Mastercard has acquired Baffin Bay Networks to provide businesses with an AI ‘Cyber Shield’ against cyberattacks. Swedish-based Baffin Bay Networks enhances Mastercard’s “multi-layered approach to cybersecurity”, which allows the global payments giant to strengthen the services and value it provides […]

March 20, 2023

Mastercard has partnered with a New South Wales Government executive agency (NSW) and online liquor vendor Tipple in Australia to offer a smooth age verification process for customers shopping online. The new programme utilises Mastercard’s existing digital identity service, ID […]

March 3, 2023

The number of fraud reports made to Action Fraud, Cifas and UK Finance climbed by 6.49% in the past 12 months, resulting in an increase in losses of £20 million. This is according to research by personal loan provider Fluro, […]

February 20, 2023

Zopa is set to acquire BNPL platform DivideBuy, in a deal expected to increase its revenue by at least 20% over the next few years. The deal cements Zopa’s move into the embedded finance space and comes only two weeks […]

February 15, 2023

Global payments leader Ingenico has unveiled what it calls the “future of payment”. “Introducing the world’s most secure, accurate and seamless biometric payment solution based on palm vein identification,” the company said in a release. The payments provider believes that […]

February 13, 2023

For many, it comes as no surprise that increased digital adoption has enabled new forms of fraudulent activity as adversaries become increasingly hungry for their next target. With this, fraud continues to be a growing risk for businesses all year […]

February 3, 2023

Co-op and PayPal have partnered up to give shoppers extended choice when it comes to paying at checkout. The solution is now available for shoppers as a payment option for purchases of online home delivery orders and Click and Collect […]

January 31, 2023

Just 16% of UK consumers feel completely confident in managing their data privacy and security online according to a new report from smart home security company Ring. The research reveals that 24% of UK adults had their email hacked, password […]

January 25, 2023

PayPal has announced it is partnering with ecommerce tech company Bold Commerce. PayPal is working with Bold Commerce to bring payments and commerce together as the fintech company moves into the growing headless commerce market. “Payment choice and flexibility have […]

January 24, 2023

Amazon is expanding its partnership with Stripe, deepening the two companies’ long-standing relationship. Under the new agreement, Stripe will become a strategic payments partner for Amazon in the US, Europe, and Canada, processing a significant portion of Amazon’s total payments […]

January 19, 2023

Cybercriminals are constantly evolving their tools and tactics for breaching corporate networks. As retailers get better at protecting their networks from traditional cyberattacks, hackers are adapting to this challenge by finding new security weaknesses, updating old tricks and exploiting new […]

January 3, 2023

With shrinking margins, economic uncertainty, and growing cyber risks from automated threats, retailers face continued challenges in 2023. Becoming proficient at navigating these obstacles is key to protecting retail profits. This article reveals effective strategies to safeguard brands’ customers, reputation […]

December 30, 2022

Buying goods online is second nature to most of us. Using our payment card whilst we shop online rarely gives us pause, and the many millions who buy online generally trust the system. However, the recent busy shopping season means […]