PYMNTS

MAY 13, 2020

The bad actors are eyeing eCommerce and specifically card not present transactions as promising attack vectors. In terms of mechanics, the tokens replace cardholders’ 16-digit Visa account numbers with tokens that only the payments network can unlock for one-time or recurring transactions. The Click To Pay Transition.

eCommerce 100

eCommerce Securities Manufacturing Technology 100

PYMNTS

APRIL 15, 2020

With some analysts estimating a 4 to 24 percent drop the number was surprisingly low. While the overall number broke records on the negative side, binge-buying put food and beverage at a record 25.6 However, the unprecedented nature of the COVID-19 crisis make these numbers difficult to act on. Overall sales fell 8.7

Numbers 52

Numbers Sales Retail Benchmarking 52

PYMNTS

NOVEMBER 30, 2020

Fraudsters have redoubled their attacks on eCommerce channels, however, making consumers more concerned about data security. Knutson explained how the virtual debit card space is evolving to support eCommerce and detailed what goes into a secure yet speedy virtual card application process. Virtual Card Payment Trends.

Securities 60

Securities eCommerce Numbers Retail 60

PYMNTS

MAY 8, 2020

And that, he said, is a target for fraudsters, as players in eCommerce, gaming and streaming have learned the hard way in the last several weeks as their account takeover figures have risen alongside their spiking signup numbers.

Securities 97

Securities Forecasting eCommerce Retail 97

PYMNTS

JULY 1, 2020

While online purchasing has skyrocketed since March as the country shut down as a defense against COVID-19, so have complaints to the federal watchdog agency responsible for regulating eCommerce. Of that number, more than 18,000 shoppers said they ordered items that were never delivered.

eCommerce 62

eCommerce Numbers Retail Securities 62

PYMNTS

OCTOBER 23, 2017

Oh, and security, too – but not at the expense of that frictionless user experience. Although some customers ( millennials : cough, cough) may value convenience above all else, that youthful sense of fiscal invincibility does not extend to their elders, who place a higher premium on transaction security. What do consumers want?

Securities 46

Securities eCommerce Compliance Investments 46

PYMNTS

AUGUST 31, 2020

Securities and Exchange Commission (SEC), the San Francisco-based company announced Monday (Aug. Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana, seeking opportunities amid a crush of investors, Reuters reported. 31) in a press release.

eCommerce 70

eCommerce Concentration Valuation Startups 70

PYMNTS

SEPTEMBER 1, 2020

Instead, a dialogue with Lopez, head of Retail Ecommerce Ventures (REV), spans multitudes of topics, from neuroscience to movies to books to chess and, yes, retail. He has secured a distribution channel into the mainstream market for many retail brands, and will do so for many more in the future. It paid $3.6

eCommerce 57

eCommerce Retail Valuation Securities 57

PYMNTS

OCTOBER 8, 2018

That’s not to say consumers don’t want top-notch security, according to the PYMNTS Digital Identity Lifestyle Capsule , a Socure collaboration. That puts the pressure on eCommerce merchants to not only make sure their customers’ information is safe, but to do so in a way that takes as little time as possible. About The Report.

Securities 73

Securities eCommerce Accounting Numbers 73

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

FEBRUARY 21, 2020

There is plenty of opportunity as B2B eCommerce is expected to reach $1.1 This month’s Deep Dive examines the key fraud forms threatening B2B eCommerce as well as the strategies being implemented to overcome them. eCommerce forces vendors to trust strangers they may never meet. False Positives and Data Security.

B2B 61

B2B eCommerce B2C Securities 61

PYMNTS

APRIL 8, 2019

Fraud is becoming an increasingly more common problem in the eCommerce sector, and is estimated to cost merchants about $130 billion over the next five years. “At We know that a great shopping experience is the key to consistent and sustainable growth, so we built the ultimate frictionless eCommerce fraud prevention solution.”.

eCommerce 72

eCommerce Startups Investments Numbers 72

PYMNTS

AUGUST 31, 2020

Securities and Exchange Commission (SEC), the San Francisco-based company announced Monday (Aug. Wish’s filing follows a number of startups, including Snowflake, Palantir Technologies and Asana, seeking opportunities amid a crush of investors, Reuters reported. 31) in a press release.

eCommerce 56

eCommerce Concentration Valuation Startups 56

PYMNTS

APRIL 2, 2019

Storing a card on file is an integral part of the shopping experience for many consumers, as eCommerce continues to explode across the retail landscape. Late last month, SentiLink , which uses technology to detect and prevent synthetic fraud, raised $14 million in a Series A round earmarked for a number of initiatives.

eCommerce 43

eCommerce Securities Retail Numbers 43

PYMNTS

NOVEMBER 13, 2018

When consumers make a purchase online or through a mobile app, they expect the process to be simple and secure. While eCommerce may not be a new phenomenon, online and mobile sales continue to grow on an international scale, particularly in developing regions as internet connectivity and mobile usage improves.

eCommerce 71

eCommerce Currencies Sales Securities 71

PYMNTS

OCTOBER 15, 2018

Recent reports indicate an uptick in fraudsters targeting large FIs, and headlines surrounding security breaches and cyberattacks fill the news on a near-daily basis. Visa and Mastercard designed the 3DS protocols and provide them under the names Verified by Visa and Mastercard Secure Code.

Securities 66

Securities Banking eCommerce Numbers 66

PYMNTS

OCTOBER 26, 2016

While it’s not uncommon for these Internet of Things (IoT) devices to be accessed by attackers looking for a stealthy way in, it’s also not uncommon for merchants to overlook these as a point of security vulnerability. to provide additional layers of security. Going Beyond PCI.

Securities 81

Securities Auditing Compliance Retail 81

PYMNTS

OCTOBER 20, 2016

3D Secure 2.0 ’s Built around the increasing popularity of mobile commerce, 3D Secure 2.0 On Wednesday, November 2nd at 1:00 PM (EST) join ecommerce advisors James Rendell, CA Technologies ; Paul Baker, Mastercard ; and Karen Webster, Market Platform Dynamics for a live digital discussion surrounding 3D Secure 2.0.

Securities 76

Securities eCommerce Technology B2B 76

PYMNTS

JANUARY 17, 2017

And for that reason, credit bureaus, financial institutions and even eCommerce sites find they must look elsewhere for verifiable data or risk overlooking good but “thin-filed” consumers, including millennials. Is the phone number the future SSN?” People give out their mobile numbers right and left, so everyone knows it.

Numbers 45

Numbers eCommerce Compliance Accounting 45

PYMNTS

MARCH 13, 2019

Pan-African eCommerce company Jumia filed for an initial public offering (IPO) on the New York Stock Exchange (NYSE) on Tuesday (March 12). Securities and Exchange Commission (SEC) documents, and by speaking with CEO Sacha Poignonnec. Reports confirmed the news via U.S.

eCommerce 51

eCommerce Profit and Loss Startups Valuation 51

PYMNTS

JANUARY 27, 2021

Drilling down into numbers reported in financial supplements that accompanied the earnings release, Facebook said that monthly active users (MAU) were 2.8 billion in cash and cash equivalents and marketable securities as of Dec. Facebook, Inc. reported on Wednesday (Jan. The social media company reported $27.19 billion as of Dec.

Advertising 78

Advertising eCommerce Securities Numbers 78

PYMNTS

OCTOBER 19, 2016

The mobile eCommerce wave has continued to grab top of mind — and top of consumer wallets — having made impressive inroads into the way people spend, as well as when and how. That’s an impressive number, but the research shows there’s more work to be done. Javelin Research said on Tuesday (Oct.

eCommerce 73

eCommerce Retail Securities Numbers 73

PYMNTS

NOVEMBER 9, 2016

The number and the decimal — 2.0 — has evolved into a rough shorthand for the newest version of something. Enter 3-D Secure 2.0. Baker noted, “when we are talking about eCommerce, the transactions, the payments,” the structure that had been in place 16 years ago no longer is supportive of a seamless experience for consumers.

Securities 76

Securities Communication Technology Transportation 76

PYMNTS

NOVEMBER 10, 2020

Even before the pandemic, merchants had been looking for secure, seamless digital solutions to meet customers’ needs. . Interact and its subsidiary, 2Keys Corporation, specialize in digital transaction security for Canadian customers and nearly 300 connected financial institutions. million-plus customers daily.

eCommerce 58

eCommerce Retail Securities Sales 58

PYMNTS

NOVEMBER 1, 2017

The updated 3D Secure 2.0 In a recent digital discussion with Karen Webster, Michael Sass, VP Market Product Management, Security Solutions, Europe, Mastercard , and James Rendell, VP Product Management, Payment Security, CA Technologies , discussed the advantages as well as the obstacles that are still in the way. 3D Secure 2.0

Securities 43

Securities eCommerce Banking Numbers 43

PYMNTS

APRIL 28, 2017

The startup also provides bank services to generate revenue from other processes, including B2B payments and eCommerce checkout. Based in New York, this startup secured an impressive $30 million in funding that will go toward global expansion of business automation solutions.

B2B 77

B2B Numbers Startups Invoicing 77

PYMNTS

JANUARY 16, 2018

“The consistent, alarming uptick in fraudulent activity on key dates is a signal that merchants must be proactive in their efforts to identify weak points across the omnichannel payment process – and define the short- and long-term strategies necessary to improve security and enhance customer experience.”. percent, up from 1.26

eCommerce 58

eCommerce Risk Management Securities Numbers 58

PYMNTS

NOVEMBER 8, 2019

Merchants and eCommerce firms are grappling with an ever-increasing amount of data – much of it unstructured – as they seek to find patterns and red flags that signal fraudulent activity. Data: 1.4M: Number of fraud reports the FTC received in 2018. It’s no easy task, as the recent Fraud Decisioning Playbook shows.

eCommerce 40

eCommerce Accounting Numbers Securities 40

PYMNTS

AUGUST 8, 2019

Tighter security and authentication methods for digital IDs are necessary to lessen the magnitude of these breaches, and hopefully stop them entirely. . A recent PYMNTS study found that passwords are the most common authentication method used by financial services, eCommerce and healthcare companies. Selfies in the name of security.

Securities 51

Securities Healthcare Manufacturing Leverage 51

PYMNTS

OCTOBER 31, 2019

Online merchants must ensure that their platforms are trustworthy if they want users to feel safe, and digital P2P marketplace OfferUp secures its platforms by using machine learning tools to monitor suspicious activities, and protect against bad actors. But, you see them with illegitimate users, and we start to flag this.” .

eCommerce 40

eCommerce Communication Retail Education 40

PYMNTS

JANUARY 17, 2020

The subscription eCommerce market is a favorite among consumers and businesses, growing more than 100 percent annually for the past five years. Preventing fraud with seamless and secure onboarding solutions is key. Fraud gets more advanced every day, with machines being responsible for many recent eCommerce scams.

Securities 52

Securities Budgeting eCommerce Advertising 52

PYMNTS

FEBRUARY 28, 2019

The new program, which the eCommerce giant laid out in a blog post , empowers brands to bring counterfeits to zero on Amazon properties. By removing that step, the eCommerce giant said it provides brands with “an unprecedented ability to directly control and remove listings from our store.”. 28) the launch of Project Zero.

eCommerce 46

eCommerce Manufacturing Numbers Technology 46

PYMNTS

MARCH 17, 2016

Sage Pay is taking its partnership with a voice services company to a more secure level. “Aeriandi and Sage Pay’s portfolios of secure voice and eCommerce solutions complement each other extremely well, making this partnership a natural fit,” stated Richard Aldred, business development manager for Sage Pay, in the release.

Securities 40

Securities Compliance eCommerce Retail 40

PYMNTS

MARCH 30, 2017

“We suspect that the EMV liability switch and increased adoption by merchants of chip- and PIN-enabled terminals have had a profound impact on driving up eCommerce attacks,” said the firm. And according to Experian, the numbers are likely to go up a lot more before they start coming down.

eCommerce 47

eCommerce Numbers Securities Retail 47

PYMNTS

JULY 29, 2020

In addition to email addresses, the data accessed included names, phone numbers, ordered products and postal addresses. In other news, Ledger , the crypto wallet maker, reported a data breach that resulted in the exposure of 1 million email addresses and other data, according to a blog post on the company’s website.

Banking 58

Banking Securities Currencies eCommerce 58

PYMNTS

NOVEMBER 14, 2019

Customers want speed and security when transacting online or with various FIs and merchants. 2.5M: Number of Americans affected annually by fraudsters using identities belonging to the deceased. The problem is a global one, as firms strive to satisfy KYC and AML mandates.

eCommerce 43

eCommerce Compliance Securities Banking 43

PYMNTS

AUGUST 11, 2020

Merchants and other online services must be sure these processes are also secure, however, especially as fraud attempts have continued to climb. Many of these digital shoppers are now also weighing the security of this experience as top priority when they go to shop at new online retailers, according to one recent study.

eCommerce 99

eCommerce Securities Banking Technology 99