BlueSnap has enhanced its suite of fraud prevention services by partnering with Kount, a provider of fraud detection and sales boosting technology.
Nearly 70% of money sent through Western Union in the United States is picked up by receivers on the same day, with nearly one-third picking it up within one hour. Globally, nearly 70% of payouts made by Western Union are picked up by receivers in major remittance receiving countries within 24 hours as well.
The recent introduction of Samsung Pay and Android Pay as well as India and soon to be announced Brazil mobile payments is having a profound impact on mobile payments forecasts. CardData now expects global m-commerce will soar from $390 billion this year to $1071 billion in 2020.