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Stopping Faster Payments Fraud, Faster

PYMNTS

In the latest Data Drivers, Uri Rivner, head of Cyber Strategy and vice president of Business Development at BioCatch , stated that as countries around the world embrace faster payments, they may do well to heed some sobering statistics on fraud gleaned from the United Kingdom’s own experience. Data Point One: 300 Percent.

Fraud 101
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How Airbnb Uses Payments To Stay Competitive

PYMNTS

Co-founder and CEO Pravin Agarwala of BetterPlace asserted that more than 60,000 workers have been onboarded since its 2015 launch, and more than 1,000 large employers are using the service. Airbnb on Payments, User Friction and Security Challenges in a Global Market. Read these and the rest of the latest headlines in the Tracker.

Payments 183
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Retail Sector To Boost Mobile POS Terminal Market Value To More Than $103B By 2023

PYMNTS

The availability of game-changing features, such as enhanced user experience and mobility, will impact positively on mobile POS terminals’ market size. Moreover, merchants are adopting this device to attract more customers, due to simplicity, convenience and flexibility offered by POS terminals while making payments.”.

Retail 164
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Blockchain Tracker: How Blockchain Technology Could Impact Voting in U.S. Elections

PYMNTS

With President Trump’s claim of voter fraud on a massive scale in the 2016 presidential election, it may be time for the country to rethink its voting process. This isn’t the first time that there have been issues with voting in the United States — or wild claims of voter fraud.

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Cybercriminals Targeting Apps

PYMNTS

According to a study by PYMNTS in conjunction with fraud detection company Forter, fraud jumped 137 percent in the U.S. from March 2015 to March 2016. But banks that are competing with FinTech startups will be reluctant to employ secure systems for apps that might detract from the user experience.

Security 100
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Where are they now? A look at FinovateSpring 2015 Best of Show Winner Successes

Fintech Labs Insights

May 2015 demo : Alpha Payments Cloud showed AlphaHub , its omni-channel solution access platform that helps banks, merchants, MSPs, and ISOs gain access to any solution provider in the world. October 2015: Partnered with Macquarie Business Banking. October 2015: Begins offering iSignthis KYC services. Founded: 2015.

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Finovate’s 2015 Best of Show Winners Give Something to Tweet About

Fintech Labs Insights

2015 was quite a year for the 800+ Finovate alumni. Here are the highlights from the 2015 Best of Show winners: FinovateEurope 2015. Avoka : demoed a three-minute loan application that delivers a fast onboarding experience. October: Named FinTech Forward 2015 Company to Watch. FinovateSpring 2015.