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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.