Saturday , December 3, 2022

News

December, 2022

  • 2 December

    Chargeback Gurus Launches a Tool To Combat ‘Friendly Fraud’ Chargebacks

    To counter the rising tide of first-party misuse chargebacks, also known as “friendly fraud,” Chargeback Gurus has introduced ARI, a predictive-analytics engine the company says can identify transactions likely to be disputed by the cardholder, even though the transaction is legitimate. ARI uses artificial intelligence to analyze data gathered from …

  • 2 December

    COMMENTARY: How Banks Can Win Against the BNPL Threat 

    Buy now pay later (BNPL) solutions have seen steady growth over the past few years. The lack of regulations and consumer protections have allowed financial institutions to maintain an edge in this product. But for how much longer? BNPL is now threatening the status quo, with 57% of customers saying …

  • 2 December

    Splitit’s Top Holiday Spending Categories and other Digital Transactions News briefs from 12/2/22

    Buy now, pay later provider Splitit Inc. said data from the Black Friday and Cyber Monday shopping events found that the top spending categories on its platform were electronics, fine jewelry, fitness and outdoors, home furnishings, and health and beauty, based on merchant sales volume. Consumers have hidden bill pay costs of …

  • 1 December

    Empowering Merchants with Real-Time Payment Data

    Merchants continue to pull every lever to generate additional revenue within an increasingly competitive landscape. For them, it is a matter of survival. And while numerous offerings promise equally innumerable benefits, there’s a hidden goldmine that can ensure the growth merchants are looking for: their payments data in real-time. > …

  • 1 December

    Eye on E-Commerce: No Holiday From Online Fraud; Big Gains for BigCommerce Sellers

    As e-commerce volume soars during the holiday season, so does the risk of fraud. Between Thanksgiving Day and Cyber Monday, the Monday after Thanksgiving, 18% of e-commerce transactions originating in the United States were identified as potentially fraudulent, according to a report from TransUnion LLC. On a global basis, 15% …

  • 1 December

    Thales Launches Technology to Support Card Transactions for the Visually Impaired

    Thales, a French company known in the payments industry for its digital-identity technology, on Thursday introduced a product that it says will allow visually impaired shoppers to verify the details of a card transaction while standing at the point of sale. The Voice Payment Card, which Thales announced has been …

  • 1 December

    AmEx Business Link Debuts And Other Digital Transactions News briefs from 12/1/22

    American Express Co. announced AmEx Business Link, a business-to-business payments ecosystem for network issuing and acquiring clients to offer their business customers. Payments provider Newtek Business Services said it has received conditional approval from the Office of the Comptroller of the Currency to close on its acquisition of the National Bank of New …

November, 2022

  • 30 November

    As Covid Fears Wane, Consumers And Retailers Are Using Curbside Pickup Less

    While holiday sales are off to a strong start, consumers are making less use of curbside pickup, a service that rapidly gained momentum at the onset of the Covid-19 pandemic. Curbside pickup accounted for 13% of online orders on Thanksgiving day and Black Friday among retailers that offer the service, …

  • 30 November

    Travel Specialist Amadeus Books Chargebacks911 To Help with Disputes

    Chargebacks are a problem area for most merchants and airlines are no more immune. So Amadeus, a global distribution company for the travel industry, is launching its Amadeus Chargeback Management program. Announced Wednesday, the new service will provide airlines with an automated and outsourced chargeback-management program. It comes as airlines …

  • 30 November

    Moneybird Picks Adyen And Other Digital Transactions News briefs from 11/30/22

    Payments provider Adyen Inc. said Moneybird, a software-as-a-service platform, has agreed to use card-issuing and business-accounts services the payments company has recently released. Prepaid card specialist Blackhawk Network announced its rebates-redemption platform has exceeded 1 billion transactions. Rebates are processed via branded gift or prepaid cards. POSaBIT Systems Corp., a specialist in payments processing …

Digital Transactions