Cyber Monday Attracts More Mobile Spending, But Also More Fraud
The annual Cyber Monday shopping holiday is a boon to mobile payments, but remains a significant challenge for e-commerce security.
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BlueSnap CEO Ralph Dangelmaier
BlueSnap says its partnership with First Data Corp. will result in fewer declined transactions for e-commerce merchants, thus convincing more of them to turn to the online gateway provider to support global sales. more »
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Payment technology processor Acculynk has agreed to buy the intellectual property of PayPlum. more »
Index CEO Marc Freed-Finnegan
Brick-and-mortar retailers are chasing a missing link for sales and marketing—the deep customer data that e-commerce merchants easily obtain through online orders and shipping information. more »
Image: Bloomberg News
MasterCard Inc. will integrate the global consultancy firm into MasterCard Advisors, the professional services arm of MasterCard that provides transaction data and analysis to issuers and retailers. more »
Kristian Gjerging, CEO of CellPoint Mobile
Airlines are looking to new technology to mitigate loyalty program fraud, which has typically been difficult to control. more »
Silvio Tavares, CEO of CardLinx
FICO is joining The CardLinx Association, which develops standards for card-linked offers. more »
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Fuel retailers may shudder at the potential costs of upgrading gas pumps for EMV chip-based card acceptance, but they are a prime target for vendors offering secure mobile payments and deeper fraud-screening analytics. more »
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Payments providers have a unique challenge when it comes to satisfying their target audiences. more »
Image: Bloomberg News
MasterCard now offers an anti-fraud tool called SafetyNet, designed to protect banks and payment processors against hackers. more »
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Klarna will target a range of merchants in the U.S., but will focus on e-commerce merchants that ship tangible goods. Its buy-now-pay-later model would, in most cases, result in the consumer paying for the item after receiving it in the mail. more »
Ben Hurley, director of mobile products for Apriva.
Apriva has added data analytics and business management tools to its payments software for bank and merchant services clients, along with a Web portal where merchants can review consumer behavior. more »
Harpinder Singh, Slice’s co-founder and vice president of product
The shopping technology vendor Slice is extending its application programming interface (API) for the analysis of electronic payments data, giving merchants visibility into a wide range of consumer e-commerce spending. more »

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