Juniper’s $48 Billion in Online Fraud Forecast And Other Digital Transactions News briefs from 10/12/22

A new Juniper Research report forecasted e-commerce fraud will exceed $48 billion globally in 2023, up from $41 billion in 2022.
BJ’s Wholesale Club has selected Capital One as the issuer of the retailer’s cobranded Mastercard, which is set to launch early next year.
Galileo Financial Technologies said it has been Visa Ready certified as an issuer processor on the strength of its Payment Cards as a Service API for card issuing.
ClassWallet, provider of a digital-wallet technology for educational institutions and government agencies, reported its transaction volume more than doubled, reaching $585 million in fiscal 2022 ending July 31 compared to $227 million in fiscal 2021.
The Clearing House Payments Co. LLC has joined the Open Invention Network as a community member. The OIN aims to safeguard open-source software from infringement.
Mastercard Inc. launched its “Secret Sauce” small business campaign in Canada to foster women small business owners and their enterprises.
Visa Inc. appointed Kermit Crawford, former president and chief operating officer of Rite Aid Corp., to its board, effective Oct. 7.

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