Skip to content
e-commerce fraud RSS
US e-commerce fraud rates spike 33% in 2016 – EMV shift to blame
Last year Experian reported that 2016 e-commerce fraud attack rates were on pace to surpass the 2015 totals. At the time, the fraud attack rates for the first half of 2016 appeared to be at least 15% higher than the 2015 total. That percentage turned out to be much higher as e-commerce fraud increased to 33% in 2016 [...]
The post US e-commerce fraud rates spike 33% in 2016 – EMV shift to blame appeared first on Payments Cards & Mobile.
Visa to acquire CardinalCommerce – accelerating digital commerce
Visa announced an agreement to acquire CardinalCommerce, a leader in e-commerce payment authentication. The acquisition will enable more secure, seamless payments, whether made through a browser, mobile app, or connected device, and will help Visa’s clients and merchant partners accelerate digital commerce. “This strategic acquisition combines Visa’s industry expertise and Cardinal’s critical role in payment [...]
The post Visa to acquire CardinalCommerce – accelerating digital commerce appeared first on Payments Cards & Mobile.
Consumers want additional security to prevent e-commerce fraud
As e-commerce and e-commerce fraud continues to expand, online payment security is a top concern for merchants and consumers, according to a new report from American Express. The 2016 American Express Digital Payments Security Survey found that 70% of US merchants are experiencing an increase in sales through online and mobile channels over the previous [...]
The post Consumers want additional security to prevent e-commerce fraud appeared first on Payments Cards & Mobile.
40% increase in MasterPass transactions in Europe
The world is going digital and more and more people across Europe are simplifying their entire shopping experience. One way of doing this is via MasterPass, the digital payment solution is accepted in 24 countries around the world and more recently in Germany, Belgium, Hungary and Turkey. Since its launch in February 2013, MasterPass is now accepted [...]
The post 40% increase in MasterPass transactions in Europe appeared first on Payments Cards & Mobile.
Two-thirds of retailers feel they lack tools to tackle omni-channel fraud
More than 50% (54%) of retailers in Europe and the US still have to consolidate their fraud management solutions across all channels, according to new research conducted by Forrester Consulting commissioned by ACI Worldwide. The research reveals that omni-channel data aggregation, the increasing number of payment options, the demand for faster fulfilment and the rapidly changing [...]
The post Two-thirds of retailers feel they lack tools to tackle omni-channel fraud appeared first on Payments Cards & Mobile.
