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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

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5 Ways Digital Payments Will Change FIs and Fraud in 2023

FICO

Since we are in the early stages for many new payment technologies, the steps FIs take in 2023 will shape how these new payment markets unfold. real-time payments market alone hit about 2 billion transactions this year, but should grow to 9 billion transactions in 2026, worth more than $10.5 And PYMNTS.com says the U.S.

Fraud 52
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APP Scams: What Impact Will the PSR’s Proposals in the UK Have?

FICO

The vast media attention on the various types of payment scams has helped keep awareness high. Payment scams reached unprecedented levels last year and look set to double by 2026. For example, fraudsters are increasingly using social media or infiltrating WhatsApp groups with friendly offers of quick cash.

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