American consumers and business owners lost a record $12.5 billion last year to online scammers, marking a 22% spike in cybercrime over 2022, according to...
False declines, which cause friction in the payment process, have a detrimental effect on transaction success rates and discourage customers from returning. According to findings...
Many U.S. eCommerce merchants prioritize international markets, but see higher failed payment rates in cross-border transactions than in domestic ones. These payment failures significantly impact...
From education to business to healthcare, the opportunities that artificial intelligence presents are limitless — at least according to proponents of the technology. But what...
More than half of Americans made at least one purchase on Black Friday, according to PYMNTS Intelligence data. However, not all online transactions were likely successful. According...
The digital economy’s capacity to operate in real time across international borders can add layers of complexity to businesses’ commercial opportunities. Digital businesses can launch...
In economic crises, companies often reflexively clamp down on new product and market development, when in many cases such times can be exploited as springboards...
Gaming industry supplier Everi has added Prove Identity’s digital identity verification solutions to further reduce bad actors, fraudulent accounts and user friction from transactions in...
A new report from GIACT Systems has revealed that $3.4 billion was lost due to New Account Fraud (NAF) last year. According to the report,...