Online payment fraud in e-commerce to exceed $20 billion in 2021
As people increasingly shop online, fraudsters are targeting weak points in the e-commerce ecosystem. Losses from digital payments fraud in ...
Tag: online payments
With entry into China market, Paypal expands global ambitions
This week, PayPal expanded the scope of its global ambitions through a 70% equity stake in Chinese payments company Guofubao ...
EU payment providers grapple with two-factor authentication requirements
Digital payments in the European Union will soon require an extra step to verify the identity of the purchaser, and ...
Startup QUID Wants to Change Digital Payments, One Penny at a Time
A recently-launched micropayments platform seeks to upend how people buy and sell digital content. QUID, a Toronto-based payments startup founded ...
Germany Bans New Wirecard Short Sales in Unprecedented Move
Germany’s financial regulator took the unprecedented step of temporarily banning short sales of Wirecard AG shares following reports of suspicious ...
Wells Fargo Revamps Mobile Experience in Attempt to Build Customer Trust
Wells Fargo is hoping its new digital and mobile features will help better establish trust between the bank and its ...
Want Access to Chinese Remittances? You Need to Crack Alipay
With global remittances expected to grow by more than 4% this year, providers are utilizing mobile and other digital technologies ...
Did Apple’s ‘Red Circle’ Tactic Lead to More Active Pay Users?
The number of consumers making use of Apple’s mobile payment service is increasing, but are these users really, well, using ...
One Third of Chinese Tuition Payments Come Through Alipay, Western Union Says
While those of us in the U.S. experiment with Venmo or Apple Pay, payments in China have reached the point ...
Facebook Looks to Instagram and Messenger As Payments Revenue Falls
EXCLUSIVE— Facebook is turning to its other platforms, including Instagram, WhatsApp, and Messenger for its experiments with payments, as revenue ...
