Risk of Fraud Is the Greatest Concern for Online Retail During COVID-19

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For over half of online businesses (55%) an increased risk of fraudulent payment transactions has been one of the greatest concerns during the Covid-19 pandemic. That’s according to international research from specialised payments platform Paysafe which indicated that concerns around fraud are more front of mind for businesses than ever after an unprecedented year. The survey also […]

Tokenized securities on blockchain are here. And they’ve been around for a while.

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Remember tokenized securities or securitization with tokens on blockchain? With the entire year in crypto defined by a maelstrom of projects embarking on decentralized finance (DeFi) aspects to their products, it can be easy to forget that previous advancements in blockchain-based technologies have continued to make great headway in terms of adoption and application. Security […]

Lanistar’s New Card Supports Personalized Security, A First In Fintech

Bottom Line: Lanistar’s new payment card provides an innovative solution to the paradox holding FinTech back from growing faster, which are the conflicting needs of providing tighter transaction security while giving customers more freedom to customize services. Fintech startups bring much-needed innovation to the Financial Services industry by concentrating on the two main problems holding back […]

Atlanta-based fintech company Bluefin announces $25 million in growth financing

Atlanta-based fintech company Bluefin, known for offering payment and data security for small and medium-sized businesses, announced a $25 million in growth financing from Macquarie Capital Principal Finance.  Macquarie joins current Bluefin investors Napier Park and Camden Partners. Bluefin’s work, with specializes in securing Personally Identifiable Information (PII), Protected Health Information (PHI) and financial card data through omni-channel […]

German supervisory regime lambasted over Wirecard collapse

Europe’s top regulatory body has issued a stinging indictment of the German financial supervisory regime which allowed bankrupt payment processor Wirecard to hoodwink investors for years.The report by the European Securities and Markets Authority (Esma), identifies a number of “deficiencies, inefficiencies and legal and procedural impediments” in the two-tier German supervisory system, which splits responsibilities […]

PSD2 and GDPR – Customer consent is the key

PSD2 & GDPR will come into force in the first half of 2018. Paul Weiss, Consulting Practice & Financial Services from Accenture talks about their seemingly conflicting coexistence. While the PSD2 is all about making the data of individuals available to third parties, the GDPR is all about keeping this data private. Surprisingly little has been said […]

Do’s and don’ts to avoid chargebacks for subscription billing merchants

We have entered a new era where subscription models are becoming the norm. Once reserved for newspapers, phone contracts and digital TV packages, nowadays everything from razor blades to organic vegetables can be bought with a monthly subscription, appealing to on-the-move millennials who prefer the peace of mind and convenience of regular direct debit monthly subscriptions. However, while subscription […]