Holiday Spending Data

Real-Time Holiday Spending Trends Powered by First Data is Awesome Commerce Tool

Real-time holiday spending data are here from a payments industry leader for the first time. Payments processor First Data, launched the live dashboard just before Black Friday, November 23rd and offering free access until January 3rd. Spending Data The Holiday Insights dashboard reflects actual transaction data from millions of U.S. merchants. The Thanksgiving-Black Friday period…

EMV Shifts Fraud to CNP Transactions Creating Omni-Channel Challenges

Notwithstanding EMV has lowered fraud prevention costs for most U.S. companies, fraud continues to shift online. And while merchants and retailers plan to considerably increase investment in payments to improve customer experience (by 50% over 2015), more than three quarters of these organizations view security, compliance and fraud management issues as the biggest barriers to…

Vantiv & Chase Chases a Worldpay Play for $10B

Worldpay Group confirms it has received preliminary approaches from Vantiv and JPMorgan Chase Bank in relation to the potential acquisition of the entire issued, and to be issued, share capital of Worldpay. Any deal is expected to be valued in the US$10 billion range. The companies now have 28 days, or until August 1, to…

Mastercard Gots the Goods w/Slew of New Payment APIs – Tool Box Now 40+

Mastercard has added API’s for Masterpass QR, Qkr! With Masterpass and chatbot solutions to its ever growing developer tool box to arm banks, retailers and digital providers with what they need to enable payments on new platforms. There are now more than 40 APIs focused on payments, data services and security available to developers. Mastercard…

Retailers in Search of World-Class eCommerce – Head to Boston in Aug

Since 1999, eTail East is where the top 900+ minds at America’s most successful retailers meet and learn. With the most disruptive content and focus on technology, eTail designed to help you optimize the profits from your business. No commercials. No egos. eTail cuts out the bullshit to give you hundreds of strategic takeaways. eTail…

Artificial Intelligence – Secret Imbedded Tool Within Omnichannel ePOS Suite

Smart algorithms and data analyses are creating sustainable performance benefits across all levels of the retail supply chain. With its Omnichannel ePOS Suite, Wirecard is the first payment provider to offer a fully integrated solution for self-learning analyses based on payment data in combination with other data sources. The evaluations substantially support e-commerce and high-street retail…

Recurring Payment Failure Drives eSubscription Payments Involuntary Churn

In the e-business world losing existing customers to involuntary churn is the quiet culprit of profit loss, since it costs two times more to acquire a new subscriber than to keep an existing one. Recurring payment failure is the primary cause of involuntary churn, driven by insufficient funds, credit card limits, credit card expiration or replacement,…

Soaring Online Fraud Impacts Company’s Revenue, Loyalty, and Reputation

Six out of 10 survey respondents (including 55% with a CFO title) had seen both the number and dollar amount of credit card chargebacks increase since the introduction of EMV chip cards. Furthermore, 64% of those surveyed (including 62% of CFO-titled respondents) measured increases in both the number and dollar amount of credit card chargebacks…

Payment Tokenization Market Red Hot — CAGR 22% Through 2022

The fraud frenzy is driving the global tokenization market and is expected to grow from $823.0 million in 2017 to $2.26 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 22.4%. Payment security and compliance management are among the application areas contributing to the growth of the tokenization market. The payment security application…

Visa’s Major TSP Expansion Targets Embedding Things Paying for Things

Eight out of 10 Americans have a strong interest in using connected devices to make purchases, with a keen eye toward security and data concerns. Meanwhile, Visa confirms it has signed 13 new partners to participate in its token service provider (TSP) program, as the payments industry shifts from plastic to digital and broader access…