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To Fight Fake IDs And Online Fraud, Know Thy Enemy Better

PYMNTS

They are able to use cutting-edge technology, black-market websites and top-level, nimble and well-secured global networks to work their craft. We have to accept some part of that [friction] for the online world. There is no use in counting on some one-size-fits-all technological solution for that problem.

Fraud 189
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Keeping Online Counterfeits Off Luxury Marketplaces

PYMNTS

Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. Online Luxury and the Importance of Authentication. trillion by 2020.

Online 118
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GE’s FX Payments Chief On Optimizing FX And Supply Chain Efficiencies

PYMNTS

At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. Then came the COVID-19 pandemic, triggering a massive shift online as stores closed and consumers grew wary about venturing out.

Payments 159
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Why Global Gig Workers Like Local Payments

PYMNTS

Though they may work as far as the other side of the world, remote workers still expect the same level of security, trust and speed in payments. Employers are, therefore, more heavily reliant on digital tools and technologies to accommodate this new online workforce. For the 73 percent of U.S. Fiverr’s Local Market Challenges.

Payments 147
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5G, Biometrics Lead The Way At Mobile World Congress

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Indeed, new evidence recently emerged about the deployment of the latest generation of mobile technology – one that promises to bring significant changes to retail and payments thanks to bandwidth expansion and faster processing, along with new challenges and questions as early 5G case studies loom. cities by the end of 2019.

Mobile 123
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Trending: Meeting The Millennial Need For AI-Powered Visual Shopping

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Online marketplaces for everything from retail goods to travel services to hospitality need to ensure a quick and easy way for both buyers and sellers to transact with each other— or risk losing both sides to a waiting host of competitors. To learn more about how thredUP is using AI to compete, visit the Playbook’s case study.

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How A Retail Incubator Could Produce The Next Big Innovation

PYMNTS

LISNR Case Study. That’s a mouthful, but what it means is that LISNR, which sells ultrasonic sound transmission technology for use in retail and payments, gets an opportunity for an innovation boost via the collective effort of incubation. The basic idea behind LISNR is to send data securely via audio. Customer Journey.