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Wednesday, January 16, 2019

Buy online, pick up in-store fraud spikes

A new benchmark study from ACI Worldwide revealed a spike in fraud attempts involving the buy online pick up in-store (BOPIS) channel during the 2018 peak holiday season, suggesting merchants and their service providers need to up their games to control omnichannel fraud.

Fraud attempts on BOPIS transactions jumped 13 percent between Thanksgiving and New Year's Eve, and peaked at 20 percent in the days just before Christmas, ACI reports. The company's insights came from an analysis of millions of merchant transactions, including card payments made at some leading global retail brands.

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Monday, January 14, 2019

Podcast #25 - Cash Discounting as a Technology Play

In this week's podcast, Kyle Dove describes how his company, PaayyTech, works with ISOs and MLSs to deploy feature-rich plug-&-play POS solutions that support merchant cash discounting. Plus Patti discusses payment solutions in the emerging market for cannabis and CBD products, and James offers strategies for making the most of networking.

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North American Bancard | USAePay | Board Studios