In the $37 billion homesharing market, fraudsters are increasingly exploiting the speed and convenience that platforms promise. As Airbnb recently learned (in a big way), failing to validate the legitimacy of listings can sour consumer relationships, and lead to lost revenue. In the latest Payments...
Fraudsters sold counterfeit products worth $323 billion last year, and are projected to make off with $1.8T by 2020. Kimberly Gianopoulos, director at the U.S. Government Accountability Office says that payments services providers, working with government agencies, can help marketplaces fix that. In the latest...
Online marketplaces need to meet higher standards if they want to keep customers from the competition. For third-party marketplaces, that means supporting transactions in local currencies and through the local payment methods that both buyers and sellers prefer. As online shopping is now a global...
Sixty percent of millennials like using visual searches when shopping online marketplaces. Meeting that "look, buy, have" way of shopping means using AI to optimize those retail platforms for visual search, as Lihi Pinto Fryman, co-founder of visual AI company Syte, told PYMNTS. In the...
