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How Facebook Unfriends Ad Fraudsters

PYMNTS

A recent report found that ASEAN nations are projected to lose $260 million to online fraud this year, with eCommerce companies bearing the brunt of these losses. The network found that Australia’s 2018 card fraud rate was 72.8 cents per $1,000 AUD of card spending, down from 75 cents the year prior. percent in 2018 from 13.9

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Analyst Accuses USPS Of Giving Amazon Huge Subsidy

PYMNTS

According to Fortune , Josh Sandbulte, who is also a money manager, the USPS has gone beyond just agreeing to offer Sunday delivery for the online retail giant. But the formula for calculating those costs was set in 2006, and it hasn’t kept pace as packages make up a higher and higher percentage of USPS volume.

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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players. And each January, we ranked all previous recipients into a master list.

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Top 9 Online Digital Payment Processors for Small Businesses (SMB): June 2023

Fintech Labs Insights

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Adyen FAB Score = 4,190 (down 340) – HQ: Amsterdam – Founded: 2006 – Went public June 2018 – Raised $1.4B Related: Top 18 Digital & Online Insurance Providers for Small Businesses (SMB): June 2023 Top 9 U.S.

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Green Dot CEO: 20 Years Of Innovating ‘Banking For The Masses’

PYMNTS

His main exposure to the payments industry was using his Bank of America debit card to pay for things at the store. That brought about an idea to create a card that would give kids — who didn’t have a credit card, but did have access to high-speed internet at school — a way to buy things online.

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CFPB issues Office of Servicemember Affairs 2019 annual report

CFPB Monitor

Debt collection (25%): The largest number of debt collection complaints concerned “attempts to collect debt not owed” for miscellaneous products and services such as phone bills, health club memberships, and home utility services, followed by credit card debt. The majority of complaints involved “trouble during payment process.”.

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Top 7 Online Digital Payment Processors for Small Businesses (SMB): Dec 2021

Fintech Labs Insights

Companies with a significant volume of credit/debit card payments rely heavily on payment processors to keep them afloat. Note: We divided the payment providers into four categories: Charge card and expense management ( see list here ). Subscription management platforms (coming soon). Founded: 2006. Table: Top U.S.