America’s fastest growing tech conference, with more than 20,000 attendees, and millions of business ideas including fintech is slated for early May in New Orleans. Collision attendees include 3,000 CEOs and other senior executives. About 4,500 companies will be represented from 110 countries. It is an ultimate event, and best of all, it is sandwiched…
Wells Fargo continues to reel from the bank’s fraudulent sales practices exposed last year, as new credit card account acquisitions fell more than 46% year-on-year (YOY) in the first quarter (1Q/17). Consumer credit card portfolio metrics remained soft with single digit YOY gains, and there was a noticeable uptick in charge-offs, according to CardData. The…
Globally mobile payments and money transfers peer-to-peer (P2P) are soaring, but in Latin America (LAC) it is skyrocketing, driven by large populations on unbanked consumers. Projected CAGR is way north of 50%. The LAC mobile money and payment services market is set to increase deployments for the unbanked population, which largely relies on cash and…
Wildly successful in early development, bitcoin has hit some rough patches in China and Europe, and a cold shoulder in the North American banking world. However, mainstream acceptance is plowing forward albeit at single-digit annual growth rates. The global bitcoin technology market is projected to grow at a CAGR of 7.26% through 2020. The recovering…
Delaware, Oregon, and Florida were the top-ranked states for billing and shipping e-commerce fraud in 2016. Both Oregon and Delaware saw an increase in e-commerce billing fraud attacks of over 200%. Three states, Florida, California and New York, accounted for more than 70% of total e-commerce billing fraud attacks. Experian’s “2016 E-commerce Fraud Attack Rates…
With merchants having more choices than ever, payments professionals and resellers need to understand the ins and outs of their merchants’ payments activity to know best what upgrades and upsells to offer. Companies are demanding more data around their operations in nearly every aspect of their business, and payments is no exception. As the payments…