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Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud

PYMNTS

The European Union’s long-anticipated 5th Anti-Money Laundering Directive (5AMLD), which modernizes security rules to reflect the needs and threats facing today’s economy, took effect in mid-January, and its impacts are already being felt across the payments space. Fiat-focused digital wallets must also boost their security.

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Strategizing Accounts Receivable To Drive Accounts Payable Modernization

PYMNTS

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Digitizing and modernizing B2B payments cannot be a one-sided effort. Wells Fargo, Bill.com Pull Double Duty With Partnership.

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Worldpay On Staying One Step Ahead of eCommerce Fraud

PYMNTS

Global eCommerce is growing so fast that some cities are struggling to handle the package delivery trucks flooding their streets. Security’s New Face. Securing transactions requires robust measures by everyone involved, Fox said. trillion online in 2019 — an approximately 18 percent year-over-year increase in worldwide sales.

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Today In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll

PYMNTS

In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of two real-time payment features. Police Allege Money Launderers Are Using Chinese eCommerce Sites To Move Money. Square Launches On Demand Payroll.

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. Core banking technology provider Modularbank , based in Estonia, has secured $4.85 Procurement Partners. Modularbank. the company said.

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Secure Payments, Generation 2.0

PYMNTS

Enter 3-D Secure 2.0. In a webinar with James Rendell, vice president of payment security at CA Technologies, and Paul Baker, vice president/senior business leader of enterprise security solutions at Mastercard, PYMNTS’ Karen Webster delved into just how 3-D Secure 2.0 CA Technologies’ Rendell noted that 3-D Secure 2.0

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How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal

PYMNTS

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.