E-Commerce

Bot attack volumes increased 41% year-over-year in the first half of 2021, according to the latest Cybercrime Report from LexisNexis Risk Solutions.Outseer, an RSA Security LLC company, said its 3-D Secure technology has processed $100 billion in transactions to date in 2021. It also released its third quarter “Fraud & Payments …

As digital commerce continues to proliferate globally, the need for identity-resolution technology has grown exponentially. Credit-reporting giant TransUnion LLC on Monday strengthened its hand in that capability with the announcement it is acquiring Neustar Inc. for $3.1 billion. TransUnion will finance the deal with a combination of cash and debt.  …

It’s more than 100 days until Christmas, but forecasts for the 2021 holiday shopping season are already rolling in. Mastercard Inc., in its SpendingPulse report released Monday, forecasts that U.S. holiday retail spending from Nov. 1 to Dec. 24 will increase 7.4% over 2020 and 11.1% over the same period …

Commerce specialists SpotOn Transact LLC said it will acquire Appetize Technologies Inc., a point-of-sale technology provider for the hospitality and entertainment industries. Terms were not disclosed. SpotOn also said it raised $300 million in Series E funding, which it will use to help pay for the Appetize acquisition.Integrated-payments provider EngageSmart LLC announced an initial public …

Travel search engine Kayak Corp. said it will expand its offering of buy now, pay later capability through provider Uplift Inc. to include bookings on the mobile Web and through the Kayak app.In related news, Wisetack, which specializes in buy now, pay later services for home and auto repair, said it raised $45 …

A new card product that taps the user’s checking account for in-full purchases or installments is in beta testing with “several hundred people,” at buy now, pay later specialist Affirm Holdings Inc., the company’s chief executive, Max Levchin, told equity analysts late Thursday during a session to discuss the company’s …

Card-issuing platform Marqeta Inc. said in the first year of a partnership with Zip Co., an Australia-based buy now, pay later provider that recently changed its U.S. branding to Zip from Quadpay, it experienced a 350% year-over-year increase in BNPL net revenue in the 2021 second quarter.Payments and buy now, pay later …

JPMorgan Chase & Co. has agreed to buy close to 75% of Volkswagen’s payments platform, operated by Volkswagen Payments S.A. Terms of the deal were not announced. The unit supports in-car payments and other services in 32 markets worldwide.Clickatell, an online chat provider, launched Chat 2 Pay, a service that enables …

Mastercard Inc. strengthened its hand in open banking on Monday, reaching an agreement to acquire European open-banking platform provider Aiia. Terms of the deal were not disclosed. The acquisition is expected to strengthen Mastercard’s position as a provider of open-banking services in Europe. Mastercard established a presence in the business …

North American payments processors are focusing lately on bulking up resources in Latin America, largely via acquisition. The latest example is Montreal-based Nuvei Corp., which on Tuesday said it has acquired Paymentez LLC, a 10-year-old payments provider that enables more than 80 payment methods in Mexico as well as 10 …