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Report: Tokenization And Data Vaulting Take The Sting Out Of PCI Compliance

PYMNTS

With more consumers than ever going online to shop and pay, merchants are building and expanding their digital capabilities to meet this demand for digital commerce. This puts pressure on merchants to find ways to make their operations PCI compliant, and fast. The global tokenization market is even expected to reach $6.8

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Mercari Acquires Rival Marketplace App Origami

PYMNTS

Mercari , the flea market app in Japan with nearly 15 million users, announced Thursday it is purchasing Origami , a payments platform also in Japan. markets against larger companies with similar business models like Craigslist and eBay, Mercari intends to improve current money losses with the expansion. With plans to compete in U.S.

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Scotiabank: Why Banks Need To Rethink Personalization

PYMNTS

A study from AppsFlyer and Google found that global ATM use had decreased by 50 percent since the beginning of the outbreak as social distancing and stay-at-home orders have increased customers’ reliance on mobile apps and online banking options rather than ATMs. Experts predict that the market will reach $10.87

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Walmart India Head Upbeat About eCommerce Prospects

PYMNTS

Walmart India President and CEO Krish Iyer expects the eCommerce market in India to explode during the next decade. According to a report in Money Control citing Iyer, the executive expects the online retailing market to see growth of six times to reach 12 percent during the next decade.

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Can Mobile Solve A City’s Transit Payment Challenges?

PYMNTS

High transaction success rates can indicate an efficient payments operation, but keeping them high is no easy feat. This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8

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India’s Snapdeal On Board With New eCommerce Rules

PYMNTS

25, reported Snapdeal said some unnamed companies were taking advantage of “glaring loopholes” to operate inventory-based eCommerce models. Both want a piece of the growing eCommerce pie in the country as more people embrace online shopping. Reuters , citing the letter Snapdeal penned on Jan.

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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up

PYMNTS

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target them. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Why Online Gaming Appeals To Fraudsters .

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