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IndustryUpdate

RESEARCH

LexisNexis Risk Solutions studies
fraud in North America

LexisNexis Risk Solutions unveiled findings on the state
of fraud, detailing key 2020 fraud trends in the United
States and Canada while also discussing what to expect
in 2021. The firm compiled findings from multiple stud-
ies it conducted in 2020 and uncovered a perfect storm
of trends that have impacted fraud throughout the
past year and those that may linger into the new year,
researchers noted.

Mercator: Can U.S. FIs win back payers?
The consumer-driven shift towards digital interfaces
brought increased expectations for choice in payments
and transparency on payment status, which are often bet-
ANNOUNCEMENTS ter met through biller solutions, not banking platforms,
according to Mercator Advisory Group. However, with
improved technology, financial institutions have oppor-
ATMIA forms new forum tunities to bring consumer bill payers back and provide
enhanced convenience, as covered in Mercator's report
The ATM Industry Association launched the Crypto- titled U.S. Bill Pay Market: Can Financial Institutions Win
Currency ATM Deployers Forum, a focused group Back Payers?
within ATMIA dedicated to the special needs, issues and
concerns of the increasingly influential crypto-currency NFC Forum details mobility-as-a-service strategy
Industry. "Given the diverse and growing global growth
of cryptocurrency dispensing ATMs, the need for sys- The NFC Forum detailed a comprehensive strategy to
tematic cooperation among these specialized deployers develop and deploy electronic identification (eID) for
has never been greater," said Mike Lee, ATMIA CEO and mobility-as-a-service (MaaS). The purpose Management
president. and Use of Identities in Mobility and Transport Market
Requirements Document is to educate transport service
ClearSale launches ecommerce podcast providers and mobility platform operators about the use
of eID and NFC in MaaS solutions. It specifies digital
Ecommerce fraud protection company ClearSale intro- identity management business processes and NFC use
duced its new podcast, Gateway to E-Commerce (https:// cases for a state-of-the-art MaaS solution based on trust-
gatewaytoecommerce.clear.sale). The podcast brings togeth- worthy electronic identities.
er the extensive experience within the ClearSale organi-
zation along with other online retail thought leaders to
offer everyone from solopreneurs to enterprise execu- A Also find us on lso find us on FFacebook, acebook,
tives meaningful insights and information on the world
of ecommerce, ClearSale noted. L LinkedIn & inkedIn & TTwitter for the witter for the
most up-to-date stories, t up-to-date stories,
Qolo launches embedded processing platform mos
c
can’t miss events and newest an’t miss events and newest
B2B payments hub Qolo reported that in response to
industry announcements.ustry announcements.
the payments industry's challenges of adopting cum- ind
bersome integrations and transaction processes that
negatively impact customers, it launched its INTERACT
embedded processing functionality and platform licens-
ing solutions through its 100 percent native cloud capa-
bility. Darren Beyer, Qolo's chief product officer, said the
company "has established a new standard for Fintech by
providing these enhanced payment capabilities."
h https://www.facebook.com/TheGreenSheetIncttps://www.facebook.com/TheGreenSheetInc
h https://www.linkedin.com/company/the-green-sheetttps://www.linkedin.com/company/the-green-sheet
h
https://twitter.com/The_Green_Sheetttps://twitter.com/The_Green_Sheet
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