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  • Breaking Industry News

    Breaking News articles for November 2020

    FinovateWest Digital opens wide on small screens

    Wednesday, November 25, 2020

    FinovateWest Digital, held online Nov. 23 to 26, 2020, drew thousands of investors, media partners and fintech enthusiasts from around the world. The second in a virtual series launched in September 2020 with FinovateFall, the event combined real-time presentations, live Q&A, on-demand demonstrations and networking opportunities.

    Read the whole story

    ETA explores post-election landscape

    Monday, November 23, 2020

    Political uncertainties and a global pandemic were top of mind during Politics and Payments, a Nov. 17, 2020, event hosted by the Electronic Transactions Association. The virtual half-day program offered diverse perspectives on the election's outcome and its potential impact on financial services and commerce. Existing and aspiring ETA Certified Payments Professionals (CPPs) were eligible to receive two ETA CPP Continuing Education credits for attending the event.

    Read the whole story

    2020 holiday shopping off to healthy start

    Thursday, November 19, 2020

    One week before Black Friday, the official start of the year-end holiday shopping season, many consumers have already begun their shopping, albeit with less face-to-face interactions. A flurry of reports released in recent days suggest spending will be at or near 2019 levels, as consumers seek low-touch shopping options.

    Read the whole story

    OneSpan tracks regulatory trends amid pandemic

    Wednesday, November 18, 2020

    The OneSpan Global Financial Regulations Report, published Nov. 17, 2020, corelates regulatory trends with the coronavirus pandemic. OneSpan's first regulatory study explores the impact of digital identity, regulatory and legislative initiatives on fraud prevention, data protection, payments, Open Banking, e-signatures and other commercial banking practices.

    Read the whole story

    Online sales continue to soar

    Tuesday, November 17, 2020

    The COVID-19 pandemic has sent millions of consumers online for purchases they had been making in-store. Now, a new report from Juniper Research suggests online buying isn't just a fix for a temporary situatoin, but a long-term trend.

    Read the whole story

    Unit21, Socure partner to fight ID fraud

    Monday, November 16, 2020

    A strategic partnership between Unit21 and Socure, disclosed Nov. 12, 2020, is designed to further protect against identity fraud through shared capabilities and expertise. Unit21 will incorporate Socure's predictive analytics platform into its identity verification orchestration layer. These combined resources will drive real-time identity verification decisioning, the security leaders stated.

    Read the whole story

    Payment processing charts double-digit growth

    Friday, November 13, 2020

    The global market for payment processing solutions is growing at a rapid clip, with the North American market accounting for much of that growth. This according to the global market intelligence firm Acumen Research and Consulting.

    Read the whole story

    NAC expands reach with virtual show

    Wednesday, November 11, 2020

    Like most major industry events in 2020, the eighth annual convention of The National ATM Council Inc., held Oct. 27 to 29, took place entirely online. With agility and foresight, conference planners reprised many aspects of the organization's in-person shows to make members and their guests feel inspired and at home throughout the virtual experience.

    Read the whole story

    Wnet, Mastercard inspire gender equality

    Monday, November 09, 2020

    Several hundred payment professionals attended Wnet's PayTechWomenLive on Nov. 5, 2020. The latest episode of the virtual series featured Ann Cairns, executive vice chair at Mastercard. Cairns, a UK-based payments industry veteran, shared highlights from her decades of leadership and encouraged audience members to be proactive and think ahead in their careers.

    Read the whole story

    Online holiday shopping season holds promise

    Friday, November 06, 2020

    The year 2020 has been like no other, for ISOs, MLSs, retailers and consumers. And while concerns about the coronavirus may dampen many people's travel plans, it's not apt to stop U.S. families from celebrating the year-end holidays by spending large. That's the message from two companies that keep tabs on consumer shopping trends.

    Read the whole story

    Experts spot second surge of COVID-related fraud

    Tuesday, November 03, 2020

    Criminal investigators are warning consumers to be especially cautious when applying for loans and shopping online. The Federal Trade Commission issued a series of directives on its website in response to escalating attacks by criminals posing as contact tracers, Payroll Protection Plan (PPP) lenders, auto traders and philanthropic organizations. These malicious attacks exploit concerns for health, safety and financial wellbeing, FTC representatives stated.

    Read the whole story

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