article thumbnail

PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. In that instance, merchants have to contend with cart abandonment. seconds on average through EMV 3DS.

article thumbnail

CPG Companies Capitalize On Dramatic Digital Shift

PYMNTS

By way of comparison, spending at brick-and-mortar drugstores was down 5 percent and total trips across CPG outlets were down 3 percent compared to the year-ago period during the week ending Aug. To capture consumer volume, eRetailers are improving their user experience and lowering product pricing,” says Mediapost.

Company 140
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Visa Invests In Crypto Storage Firm Anchorage

PYMNTS

The payments firm co-led the funding round along with digital currency-focused venture capital firm Blockchain Capital, Fortune reported. By comparison, Anchorage taps into biometric -based software and multiple human reviews to safeguard investors’ digital currency.

article thumbnail

Biometrics Changes Tempt eCommerce Companies As Fraud Defense

PYMNTS

If a user opts to use them (and not all eCommerce platforms allow this) the system will only allow access to an account with an exact match. BioCatch , a developer of biometrics security technology, raised $145 million in its latest round of funding led by Bain Capital Tech Opportunities.

Fraud 164
article thumbnail

SMB Alt-Lending Gears Up For Another Industry Shakeup

PYMNTS

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. The level of market volatility hitting the U.S.

Lending 171
article thumbnail

How Hoteliers Can Tap Into Modular Sleeping Capsules

PYMNTS

The hotel business is notoriously capital-intensive: Long before a property opens, a hotelier often invests millions in obtaining a property and constructing a building. The idea is to build the user experience in such a way that guests can complete essential functions of their stay through their phones. The Market.

article thumbnail

J.P.Morgan’s Quorum becomes part of ConsenSys

Lex Sokolin

The venture capital games of embedded finance , open banking, PSD2 and API, all of these revolve around the premise that banks are behind on cloud technology and do not know how to package and deliver financial products to where they matter. As a comparison, we have always needed light, but the technology of light?—?from