MADISON, Wis. –– TruStage Payment Guard Insurance has been recognized by Celent as a winner of the 2024 Model Insurer Award for Innovation Execution. Celent, a global research and advisory firm for the financial services industry, announced the winners at its recent annual Innovation & Insight Week. Launched in 2023, TruStage Payment Guard is a first-of-its-kind insurance solution built for digital lenders. For decades lending insurance has played a critical role in the consumer cr...
NEW YORK, March 26, 2024 /PRNewswire/ -- The global near field communication (NFC) chips market is witnessing a remarkable surge, projected to skyrocket by USD 3,083.48 million at a staggering Compound Annual Growth Rate (CAGR) of 12.78% from 2022 to 2027. This unprecedented growth is attributed to various factors including the widespread adoption of smartphones, the surge in contactless payments, and government initiatives fostering digital transactions. For more Insights on market size Re...
NEW YORK, March 27, 2024 /PRNewswire/ -- Settle, the leading cash-flow management platform, today announced the launch of Automatic 3-Way Matching for Purchase Orders, designed for the evolving needs of hyper-growth e-commerce and CPG brands. This 3-way matching solution bolsters Settle's commitment to simplifying cash flow management by saving critical time for accounting and operations teams, and focusing on innovating to solve inventory complexity. Addressing a longstanding challenge in ...
RESTON, Va., March 27, 2024 /PRNewswire/ -- FS-ISAC, the member-driven, not-for-profit organization that advances cybersecurity and resilience in the global financial system, today announced the findings of its annual Global Intelligence Office report, Navigating Cyber 2024. The report details the increasing sophistication of adversarial tactics, techniques, and procedures leveraged by threat actors, such as social engineering, SEO poisoning, malvertising, and QR code phishing. It also focu...
PALO ALTO, Calif., March 27, 2024 /PRNewswire/ -- Mercari, the online marketplace that connects millions of people across the U.S. to shop and sell items that are no longer being used, today announced the elimination of selling fees as part of an all-new business model. At a time when other marketplaces are raising fees for sellers, Mercari is doing just the opposite by becoming the first and only major U.S. resale marketplace to offer zero selling fees. This new model will be applied to all new...
ATLANTA, March 27, 2024 /PRNewswire/ -- LexisNexis® Risk Solutions has revealed the findings of the fourteenth edition of its annual LexisNexis® True Cost of Fraud™ Study: Ecommerce and Retail Report – U.S. and Canada Edition. The report, based on a commissioned survey conducted by Forrester Consulting, shows that merchants in the U.S. and Canada incur an average cost of $3.00 for every $1 of fraud. As digital services become more prevalent in North America and daily life becomes inc...
LONDON, United Kingdom — Chargebacks911, the leading chargeback technology platform, announced Wednesday the appointment of leading payments industry professional Roger Alexander as Advisor to the Board and CEO. In his new role, Alexander will serve as a key advisor to Chargebacks911’s Advisory Board and its CEO, Monica Eaton, assisting the company with its expansion initiatives, including the highly-anticipated launch of its dispute resolution solution set to address the record spike o...
Vancouver, BC, Canada — March 27, 2024 — Zafin, the leading provider of SaaS core modernization and transformation solutions for banks, announces the launch of Dynamic Cohorts and Signals, two of our newest comprehensive data capabilities within our core product and pricing platform that extend Zafin’s commitment to empower banks worldwide with innovative tools to enhance customer experience and drive growth. According to a recent report by Deloitte, banks face challenges when it com...
TEL AVIV, Israel – 27 March 2024 – AU10TIX, a global technology leader in identity verification and management, today announced the expansion of its Digital ID solution, which enables businesses to rapidly, accurately and securely verify IDs of all types, including physical, digital, eID, verifiable credentials, and more. AU10TIX’s fully automated Digital ID solution serves as a verification hub for business owners, enabling faster and more accurate identity verification. It enhances ...
Espoo, Finland, March 27, 2024—70 per cent of financial institutions are using artificial intelligence (AI) and machine learning (ML) to fight financial fraudsters according to a new report. The Financial Institutions Revamping Technologies to Fight Financial Crimes survey revealed that financial institutions are becoming increasingly frightened of fraudsters with 40 per cent admitting that fraud incidents are on the rise. Many of the surveyed financial institution have adopted AI ...
TruStage Payment Guard a 2024 Celent Model Insurer
NFC chips market to grow at CAGR of 12.78% by 2027
Settle debuts three-way matching for purchase orders
New cyber threats challenge financial services in 2024
Mercari marketplace eliminates selling fees
LexisNexis Risk Solutions releases latest fraud study
Roger Alexander to advise Chargebacks911
Zafin unveils Dynamic Cohorts and Signals